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
Vol13.42M
As of25 Sep 2026

The Verdict

Hold

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/E12.26x
Forward P/E8.92x
EV / EBITDA7.61x
P / S (ttm)1.41x
Profit margin11.6%
Return on equity15.8%
Revenue growth-0.7%
Earnings growth-22.0%
Debt / equity184.08

Layer Breakdown

LayerRawContribution
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.

United States · www.verizon.com

Risk Metrics

Beta vs SPX-0.02
Corr SPX-0.01
Annual vol23.5%
Annual ret+5.8%
Sharpe0.24
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
Analysts22
Strong Buy3
Buy8
Hold14
Sell0
Strong Sell0

Recent rating actions

2026-04-30JP Morgan→ Neutral
2026-04-28Wells Fargo→ Equal-Weight
2026-04-28Morgan Stanley→ Equal-Weight
2026-03-31Barclays→ Equal-Weight
2026-03-20Citigroup→ Buy
2026-03-09Scotiabank→ Sector Outperform

Officers & Board

DirectorCarol Tomé since 2021
DirectorLaxman Narasimhan since 2021
DirectorRoxanne Austin since 2020
CEOHans Vestberg since 2018
DirectorHans Vestberg since 2018
DirectorDan Schulman since 2018
DirectorGreg Weaver since 2015
DirectorMark T. Bertolini since 2015
DirectorShellye Archambeau since 2013
DirectorMelanie Healey since 2011
DirectorRodney E. Slater since 2010
DirectorClarence Otis, Jr. since 2006
CEOLowell McAdam 2011–2018

Material Events

DateEvent8-K
2026-07-24Officer / Director Changeread
2026-07-24Earnings Release, Exhibitsread
2026-06-29Reg FD Disclosureread
2026-06-17Other Material Event, Exhibitsread
2026-06-02Other Material Event, Exhibitsread
2026-05-28Officer / Director Change, Shareholder Voteread
2026-05-14Other Material Event, Exhibitsread
2026-05-11Other Material Event, Exhibitsread
2026-04-27Earnings Release, Exhibitsread
2026-03-13Reg FD Disclosure, Exhibitsread
2026-02-23Other Material Event, Exhibitsread
2026-02-09Officer / Director Changeread

Flow & Concentration

Insider 180d net$0
Insider buys / sells0 / 0
Insider biasNeutral
13F holders8
Top-5 share97.8%
HHI5,389 (concentrated)

Top Holders

HolderValueShares
State Street Corp$8.88B209.68M
Fidelity / FMR LLC$1.10B25.98M
Capital Research / Capital World$1.04B24.45M
Citadel Advisors$672.02M15.87M
AQR Capital Management$360.29M8.51M
Millennium Management$227.83M5.38M
Bridgewater Associates$41.51M980.46K
T. Rowe Price Group$271.87K6.42M

As of 2026-06-30

Connections

Parents: Verizon Consumer

Subsidiarys: Verizon Fios

Suppliers: TFC

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

AmountAgencyDescription
$110.78MDepartment of AgricultureENTERPRISE BPA CALL FOR FEDERAL STRATEGIC SOURCING INITIATIVE(FSSI) WIRELESS SER
$88.27MDepartment of Veterans AffairsWIRELESS TELECOMMUNICATIONS SERVICES TO INCLUDE DATA (EMAIL), TELEPHONE/VOICE (I
$56.49MDepartment of DefenseIGF::OT::IGF NXEV002307EBM
$51.19MDepartment of DefenseIGF::OT::IGF NXEV002306EBM
$42.08MDepartment of DefenseNXEV005299EBM. OTHER NETWORX SERVICE - CUSTOM MANAGED NETWORX SERVICES.
$40.79MDepartment of DefenseBROAD AGENCY ANNOUNCEMENT- OVERSEAS ALTERNATIVE CONTENT DISTRIBUTION
$34.87MDepartment of Defense200410!000710!9700!HC1013!DEFENSE INFO. TECHNOLOGY CONTRAC!HC101304C5001 !A!N!
$26.96MDepartment of AgricultureVERIZON WIRELESS SERVICES AND SERVICE ENABLED DEVICES CALL ORDER PERIOD OF PERFO

SEC Filings

DateFormDoc
2026-08-144view
2026-08-144view
2026-08-144view
2026-08-144view
2026-08-144view
2026-08-144view
2026-08-144view
2026-08-12424B2view
2026-08-10424B2view
2026-08-034view
2026-08-034view
2026-08-034view
2026-08-034view
2026-08-034view
2026-08-034view

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
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

S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$47.23$47.31$46.90$47.0813.42M
Sep 24$46.92$47.77$46.92$47.3221.04M
Sep 23$46.60$47.11$46.16$46.5220.93M
Sep 22$47.78$47.79$46.17$46.4532.68M
Sep 21$48.18$48.35$47.56$47.6819.99M

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