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

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

Verizon Communications Price Performance

Shares of Verizon Communications stock opened at $39.54 on Friday. Verizon Communications has a 1-year low of $37.58 and a 1-year high of $45.36. The firm’s 50-day moving average price is $40.85 and its two-hundred day moving average price is $41.61. The company has a current ratio of 0.66, a quick ratio of 0.62 and a debt-to-equity ratio of 1.32. The stock has a market capitalization of $166.43 billion, a price-to-earnings ratio of 17.04, a P/E/G ratio of 3.27 and a beta of 0.46.

Verizon Communications (NYSE:VZ) last released its quarterly earnings results on Friday, January 24th. The cell phone carrier reported $1.10 earnings per share for the quarter, missing analysts’ consensus estimates of $1.11 by ($0.01). Verizon Communications had a net margin of 7.30% and a return on equity of 20.05%. During the same period last year, the firm earned $1.08 EPS. On average, equities analysts predict that Verizon Communications will post 4.59 earnings per share for the current fiscal 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 issued a $0.6775 dividend. The ex-dividend date of this dividend is Friday, January 10th. This represents a $2.71 dividend on an annualized basis and a dividend yield of 6.85%. Verizon Communications’s dividend payout ratio is 116.81%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. StockNews.com cut shares of Verizon Communications from a “strong-buy” rating to a “buy” rating in a research report on Monday, December 16th. Royal Bank of Canada lowered their price target on shares of Verizon Communications from $46.00 to $42.00 in a report on Friday. Deutsche Bank Aktiengesellschaft upped their price objective on Verizon Communications from $40.00 to $42.00 and gave the stock a “hold” rating in a report on Friday. TD Cowen raised Verizon Communications to a “strong-buy” rating in a research note on Wednesday, January 15th. Finally, Wolfe Research upped their price target on Verizon Communications from $50.00 to $51.00 and gave the company an “overweight” rating in a research note on Friday. Eleven equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Verizon Communications has an average rating of “Hold” and an average target price of $46.29.

About Verizon Communications

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).