Large-cap Telecommunications company Verizon Communications has logged a 1.0% change today on a trading volume of 9,759,695. The average volume for the stock is 18,100,535.
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. Based in New York, United States the company has 100,000 full time employees and a market cap of $186,298,318,848. Verizon Communications currently offers its equity investors a dividend that yields 6.2% per year.
The company is now trading -9.1% away from its average analyst target price of $48.61 per share. The 23 analysts following the stock have set target prices ranging from $42.0 to $58.0, and on average give Verizon Communications a rating of buy.
Over the last 12 months VZ shares have declined by -0.3%, which represents a difference of -17.9% when compared to the S&P 500. The stock's 52 week high is $47.36 per share and its 52 week low is $37.59. With its net margins declining an average -2.4% over the last 6 years, Verizon Communications declining profitability gives us reason to believe its stock price will continue to underwhelm.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 134,788,000 | 17,506,000 | 13 | 44.44 |
| 2023 | 133,974,000 | 11,614,000 | 9 | -43.75 |
| 2022 | 136,835,000 | 21,256,000 | 16 | -5.88 |
| 2021 | 133,613,000 | 22,065,000 | 17 | 21.43 |
| 2020 | 128,292,000 | 17,801,000 | 14 | -6.67 |
| 2019 | 131,868,000 | 19,265,000 | 15 |
