Inside the research
Verizon Communications Inc.
VZ Research profile · latest available data
Price overview
$47.08
▼ -0.24 (-0.5%)
| 52w hi | $51.45 |
|---|---|
| 52w lo | $36.56 |
| Vol | 13.42M |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.18
| Short | +0.29 |
|---|---|
| Medium | +0.20 |
| Long | -0.09 |
computed 2026-09-27
Key fundamentals
Verizon Communications Inc.
Communication Services · Telecom Services
| Market cap | $195.61B |
|---|---|
| Enterprise value | $388.73B |
| Trailing P/E | 12.26x |
| Forward P/E | 8.92x |
| EV / EBITDA | 7.61x |
| P / S (ttm) | 1.41x |
| Profit margin | 11.6% |
| Return on equity | 15.8% |
| Revenue growth | -0.7% |
| Earnings growth | -22.0% |
| Debt / equity | 184.08 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.12 | |
| Sector | +0.03 | |
| Technical | +0.18 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and streaming products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadband through its wireless networks, as well as related equipment and devices, such as smartphones, tablets, smartwatches, and other wireless-enabled connected devices. The segment also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as Washington D.C. through its fiber-optic network, Verizon Fios product portfolio, and a copper-based network. The Business segment provides wireless and wireline communications services and products, including FWA and wireline broadband, advanced communication services, corporate networking, security and managed network, local and long-distance voice, and network access services to deliver various IoT services and products to businesses, government customers, and wireless and wireline carriers in the United States and internationally. The company distributes its products and services through direct channels, company-operated stores, digital and omnichannel platforms, indirect agents, business solution resellers, and national retailers. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.
Risk Metrics
| Beta vs SPX | -0.02 |
|---|---|
| Corr SPX | -0.01 |
| Annual vol | 23.5% |
| Annual ret | +5.8% |
| Sharpe | 0.24 |
| Max DD | -18.3% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $51.85 |
|---|---|
| High / Low | $71.00 / $46.00 |
| Median | $50.50 |
| Analysts | 22 |
| Strong Buy | 3 | |
|---|---|---|
| Buy | 8 | |
| Hold | 14 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-04-30 | JP Morgan | → Neutral |
| 2026-04-28 | Wells Fargo | → Equal-Weight |
| 2026-04-28 | Morgan Stanley | → Equal-Weight |
| 2026-03-31 | Barclays | → Equal-Weight |
| 2026-03-20 | Citigroup | → Buy |
| 2026-03-09 | Scotiabank | → Sector Outperform |
Officers & Board
| Director | Carol Tomé since 2021 |
|---|---|
| Director | Laxman Narasimhan since 2021 |
| Director | Roxanne Austin since 2020 |
| CEO | Hans Vestberg since 2018 |
| Director | Hans Vestberg since 2018 |
| Director | Dan Schulman since 2018 |
| Director | Greg Weaver since 2015 |
| Director | Mark T. Bertolini since 2015 |
| Director | Shellye Archambeau since 2013 |
| Director | Melanie Healey since 2011 |
| Director | Rodney E. Slater since 2010 |
| Director | Clarence Otis, Jr. since 2006 |
| CEO | Lowell McAdam 2011–2018 |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-24 | Officer / Director Change | read |
| 2026-07-24 | Earnings Release, Exhibits | read |
| 2026-06-29 | Reg FD Disclosure | read |
| 2026-06-17 | Other Material Event, Exhibits | read |
| 2026-06-02 | Other Material Event, Exhibits | read |
| 2026-05-28 | Officer / Director Change, Shareholder Vote | read |
| 2026-05-14 | Other Material Event, Exhibits | read |
| 2026-05-11 | Other Material Event, Exhibits | read |
| 2026-04-27 | Earnings Release, Exhibits | read |
| 2026-03-13 | Reg FD Disclosure, Exhibits | read |
| 2026-02-23 | Other Material Event, Exhibits | read |
| 2026-02-09 | Officer / Director Change | read |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 8 |
| Top-5 share | 97.8% |
| HHI | 5,389 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $8.88B | 209.68M |
| Fidelity / FMR LLC | $1.10B | 25.98M |
| Capital Research / Capital World | $1.04B | 24.45M |
| Citadel Advisors | $672.02M | 15.87M |
| AQR Capital Management | $360.29M | 8.51M |
| Millennium Management | $227.83M | 5.38M |
| Bridgewater Associates | $41.51M | 980.46K |
| T. Rowe Price Group | $271.87K | 6.42M |
As of 2026-06-30
Connections
Dividends
| Yield (TTM) | 4.44% |
|---|---|
| $ / share (TTM) | $2.09 |
| 5y CAGR | +2.0% |
Annual dividend per share
| 2021 | $2.52 |
|---|---|
| 2022 | $2.57 |
| 2023 | $2.62 |
| 2024 | $2.67 |
| 2025 | $2.72 |
| 2026 | $1.40 |
Federal Contracts
| Amount | Agency | Description |
|---|---|---|
| $110.78M | Department of Agriculture | ENTERPRISE BPA CALL FOR FEDERAL STRATEGIC SOURCING INITIATIVE(FSSI) WIRELESS SER |
| $88.27M | Department of Veterans Affairs | WIRELESS TELECOMMUNICATIONS SERVICES TO INCLUDE DATA (EMAIL), TELEPHONE/VOICE (I |
| $56.49M | Department of Defense | IGF::OT::IGF NXEV002307EBM |
| $51.19M | Department of Defense | IGF::OT::IGF NXEV002306EBM |
| $42.08M | Department of Defense | NXEV005299EBM. OTHER NETWORX SERVICE - CUSTOM MANAGED NETWORX SERVICES. |
| $40.79M | Department of Defense | BROAD AGENCY ANNOUNCEMENT- OVERSEAS ALTERNATIVE CONTENT DISTRIBUTION |
| $34.87M | Department of Defense | 200410!000710!9700!HC1013!DEFENSE INFO. TECHNOLOGY CONTRAC!HC101304C5001 !A!N! |
| $26.96M | Department of Agriculture | VERIZON WIRELESS SERVICES AND SERVICE ENABLED DEVICES CALL ORDER PERIOD OF PERFO |
SEC Filings
The Long Run
FY 2009–2025 · 17 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $138.19B | +2.2% | |
| Operating income | $28.69B | +4.6% | |
| Net income | $17.51B | +10.3% | |
| Cash from ops | $37.48B | +1.1% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $47.23 | $47.31 | $46.90 | $47.08 | 13.42M |
| Sep 24 | $46.92 | $47.77 | $46.92 | $47.32 | 21.04M |
| Sep 23 | $46.60 | $47.11 | $46.16 | $46.52 | 20.93M |
| Sep 22 | $47.78 | $47.79 | $46.17 | $46.45 | 32.68M |
| Sep 21 | $48.18 | $48.35 | $47.56 | $47.68 | 19.99M |
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