Large-cap Telecommunications company Verizon Communications has logged a 0.8% change today on a trading volume of 16,582,668. The average volume for the stock is 22,910,052.
Verizon Communications Inc., through its subsidiaries, provides communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Based in New York, United States the company has 110,500 full time employees and a market cap of $158,368,448,512. Verizon Communications currently offers its equity investors a dividend that yields 7.0% per year.
The company is now trading 2.48% away from its average analyst target price of $36.76 per share. The 22 analysts following the stock have set target prices ranging from $28.42 to $44.0, and on average give Verizon Communications a rating of hold.
Over the last 52 weeks, VZ stock has risen 0.9%, which amounts to a -22.7% difference compared to the S&P 500. The stock's 52 week high is $42.58 whereas its 52 week low is $30.14 per share. Based on Verizon Communications's average net margin growth of 4.8% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 134,095,000 | 21,366,000 | 16 | 0.0 |
| 2022 | 136,835,000 | 21,748,000 | 16 | -5.88 |
| 2021 | 133,613,000 | 22,618,000 | 17 | 21.43 |
| 2020 | 128,292,000 | 18,348,000 | 14 | -6.67 |
| 2019 | 131,868,000 | 19,788,000 | 15 | 25.0 |
| 2018 | 130,863,000 | 16,039,000 | 12 |
