VZ

Key Insights on Verizon Communications Stock

Shares of Telecommunications sector company Verizon Communications moved 1.4% today, and are now trading at a price of $40.61. The Large-Cap stock's daily volume was 9,870,993 compared to its average volume of 17,534,920. The S&P 500 index returned a 0.0% performance.

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. The company is based in New York and has 103,900 full time employees. Its market capitalization is $170,948,608,000. Verizon Communications currently offers its equity investors a dividend that yields 6.6% per year.

25 analysts are following Verizon Communications and have set target prices ranging from $35.0 to $55.0 per share. On average, they have given the company a rating of buy. At today's prices, VZ is trading -10.94% away from its average analyst target price of $45.6 per share.

Over the last year, VZ's share price has increased by 23.1%, which represents a difference of -3.2% when compared to the S&P 500. The stock's 52 week high is $43.42 per share whereas its 52 week low is $30.14. With average free cash flows of $18.51 Billion that have been growing at an average rate of 1.1% over the last 5 years, Verizon Communications is in a position to continue its strong stock performance trend.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023 37,475,000 18,767,000 18,708,000 33.12
2022 37,141,000 23,087,000 14,054,000 -27.0
2021 39,539,000 20,286,000 19,253,000 -18.34
2020 41,768,000 18,192,000 23,576,000 32.4
2019 35,746,000 17,939,000 17,807,000 0.71
2018 34,339,000 16,658,000 17,681,000
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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