Verizon Communications (NYSE:VZ) Issues FY 2025 Earnings Guidance

Verizon Communications (NYSE:VZ) updated its FY 2025 earnings guidance on Friday. The company provided EPS guidance of 4.590-4.730 for the period, compared to the consensus EPS estimate of 4.710. The company issued revenue guidance of -.

Verizon Communications Price Performance

Shares of VZ opened at $39.17 on Friday. The firm has a market cap of $164.89 billion, a PE ratio of 16.88, a price-to-earnings-growth ratio of 3.27 and a beta of 0.46. Verizon Communications has a 52-week low of $37.58 and a 52-week high of $45.36. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.62 and a current ratio of 0.66. The business’s 50 day moving average price is $40.93 and its two-hundred day moving average price is $41.64.

Verizon Communications (NYSE:VZ) last issued its earnings results on Tuesday, October 22nd. The cell phone carrier reported $1.19 EPS for the quarter, beating analysts’ consensus estimates of $1.18 by $0.01. The business had revenue of $33.30 billion during the quarter, compared to analyst estimates of $33.42 billion. Verizon Communications had a return on equity of 20.05% and a net margin of 7.30%. The firm’s revenue was up .9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.22 EPS. On average, equities analysts anticipate that Verizon Communications will post 4.59 EPS for the current year.

Verizon Communications Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 3rd. Investors of record on Friday, January 10th will be given a $0.6775 dividend. The ex-dividend date is Friday, January 10th. This represents a $2.71 annualized dividend and a yield of 6.92%. Verizon Communications’s payout ratio is 116.81%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on VZ. Sanford C. Bernstein started coverage on shares of Verizon Communications in a report on Tuesday, December 10th. They issued a “market perform” rating and a $48.00 target price for the company. Tigress Financial increased their price objective on shares of Verizon Communications from $52.00 to $55.00 and gave the company a “buy” rating in a research note on Tuesday, October 1st. UBS Group boosted their target price on Verizon Communications from $44.00 to $45.00 and gave the stock a “neutral” rating in a research note on Friday, December 20th. KeyCorp downgraded Verizon Communications from an “overweight” rating to a “sector weight” rating in a research report on Thursday, October 24th. Finally, Bank of America boosted their price objective on Verizon Communications from $41.00 to $45.00 and gave the stock a “neutral” rating in a research report on Thursday, September 26th. Ten research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $46.54.

Verizon Communications Company Profile

Verizon Communications Inc, through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business).