Skip to main content
    V

    Verizon Communications Inc (VZ)

    Official site

    COMMUNICATION SERVICES • TELECOM SERVICES • NYSE

    $44.41
    -0.01 (-0.01%)

    Market Cap: $184.56B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    87%(34/39)
    Avg Surprise
    +1.87%
    Streak
    16 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$1.28
    Range$1.25 - $1.31
    19 analysts
    EPS Revisions
    2
    0
    7d
    2
    3
    30d
    EPS Estimate DriftChange to current
    90d ago$1.29-1.2%
    60d ago$1.29-0.6%
    30d ago$1.28-0.4%
    7d ago$1.28-0.1%
    Current$1.28
    Revenue Consensus
    $34.8B
    Range$34.1B - $35.6B
    19 analysts
    Period ending Dec 31, 2026
    EPS Consensus$1.28
    Range$1.24 - $1.47
    23 analysts
    Revenue Consensus
    $36.1B
    Range$34.7B - $38.3B
    22 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$1.28---
    Sep 26EST
    		-$1.28---
    Jun 26
    Reported Jul 24
    		$1.30$1.27+2.36%Beat+6.6%
    Mar 26
    Reported Apr 27
    		$1.28$1.21+5.79%Beat+7.6%
    Dec 25
    Reported Jan 30
    		$1.09$1.06+2.83%Beat-0.9%
    Sep 25
    Reported Oct 29
    		$1.21$1.19+1.68%Beat+1.7%
    Jun 25
    Reported Jul 21
    		$1.22$1.19+2.52%Beat+6.1%
    Mar 25
    Reported Apr 22
    		$1.19$1.15+3.48%Beat+3.5%
    Dec 24
    Reported Jan 24
    		$1.10$1.10+0.00%Beat+1.9%
    Sep 24
    Reported Oct 22
    		$1.19$1.18+0.85%Beat-2.5%
    Jun 24
    Reported Jul 22
    		$1.15$1.15+0.00%Beat-5.0%
    Mar 24
    Reported Apr 22
    		$1.15$1.12+2.68%Beat-4.2%
    Dec 23
    Reported Jan 23
    		$1.08$1.08+0.00%Beat-9.2%
    Sep 23
    Reported Oct 24
    		$1.22$1.18+3.39%Beat-7.6%
    Jun 23
    Reported Jul 25
    		$1.21$1.17+3.42%Beat-7.6%
    Mar 23
    Reported Apr 25
    		$1.20$1.19+0.84%Beat-11.1%
    Dec 22
    Reported Jan 24
    		$1.19$1.19+0.00%Beat-9.2%
    Sep 22
    Reported Oct 21
    		$1.32$1.29+2.33%Beat-6.4%
    Jun 22
    Reported Jul 22
    		$1.31$1.33-1.50%Miss-4.4%
    Mar 22
    Reported Apr 22
    		$1.35$1.32+2.27%Beat+3.1%
    Dec 21
    Reported Jan 25
    		$1.31$1.28+2.34%Beat+8.3%
    Sep 21
    Reported Oct 20
    		$1.41$1.36+3.68%Beat+12.8%
    Jun 21
    Reported Jul 21
    		$1.37$1.30+5.38%Beat+16.1%
    Mar 21
    Reported Apr 21
    		$1.31$1.29+1.55%Beat+4.0%
    Dec 20
    Reported Jan 26
    		$1.21$1.17+3.42%Beat+7.1%
    Sep 20
    Reported Oct 21
    		$1.25$1.21+3.31%Beat+0.0%
    Jun 20
    Reported Jul 24
    		$1.18$1.15+2.61%Beat-4.1%
    Mar 20
    Reported Apr 24
    		$1.26$1.22+3.28%Beat+5.0%
    Dec 19
    Reported Jan 30
    		$1.13$1.15-1.74%Miss+0.9%
    Sep 19
    Reported Oct 25
    		$1.25$1.24+0.81%Beat+2.5%
    Jun 19
    Reported Aug 1
    		$1.23$1.20+2.50%Beat+2.5%
    Mar 19
    Reported Apr 23
    		$1.20$1.16+3.45%Beat+2.6%
    Dec 18
    Reported Jan 29
    		$1.12$1.09+2.75%Beat+30.2%
    Sep 18
    Reported Oct 23
    		$1.22$1.19+2.52%Beat+24.5%
    Jun 18
    Reported Jul 24
    		$1.20$1.15+4.35%Beat+25.0%
    Mar 18
    Reported Apr 24
    		$1.17$1.11+5.41%Beat+23.2%
    Dec 17
    Reported Jan 23
    		$0.86$0.88-2.27%Miss+0.0%
    Sep 17
    Reported Oct 19
    		$0.98$0.97+1.03%Beat-
    Jun 17
    Reported Jul 27
    		$0.96$0.96+0.00%Beat-
    Mar 17
    Reported Apr 20
    		$0.95$0.96-1.04%Miss-
    Dec 16
    Reported Jan 24
    		$0.86$0.89-3.37%Miss-

    Dividends

    Dividend Metrics

    Forward Yield6.37%
    Forward Annual Dividend$2.83
    Payout Ratio30.21%
    FrequencyQuarterly
    Pay MonthsFeb, May, Aug, Nov

    Growth

    3Y CAGR+1.91%
    5Y CAGR+1.95%
    VZ dividend history and ex-dividend datesRun VZ in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio9.10EV/EBITDA7.26x
    Price/FCF8.60xFCF Yield11.63%
    Profitability
    Profit Margin11.60%Operating Margin23.00%
    ROE15.80%ROIC8.25%
    Financial Health
    Debt/Equity1.59xInterest Coverage3.94x
    Current Ratio0.60xQuick Ratio0.57x
    Trading Statistics
    Beta0.25Avg Volume27.11M
    52-Week High$50.8852-Week Low$35.99

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$44.28
    SMA 20$45.13
    SMA 50$47.15
    SMA 200$45.56
    EMA 10$44.34
    EMA 20$45.18
    EMA 50$46.07
    EMA 200$45.25

    MACD

    Line: -1.02Signal: -0.94Hist: -0.07

    ADX

    ADX: 34.0+DI: 19.9-DI: 30.3

    Aroon & PSAR

    Aroon Up12.0
    Aroon Down84.0
    PSAR$40.88

    Bollinger Bands

    Upper Band$47.80
    Lower Band$42.47
    %B Position1181%(Upper)
    Band Width0.37

    RSI (14-Day)

    Neutral
    43.2

    Momentum Oscillators

    Stoch %K50.6
    Stoch %D39.4
    Williams %R-42.7
    ROC (10d)-1.8%
    Momentum-0.80
    CCI (20d)-47.4
    MFI (14d)50.3

    Volatility Measures

    ATR (14d)$1.45(3.3%)
    StdDev (20d)1.33
    Hist Vol36.9%(Moderate)

    Volume Flow

    VWAP$44.74
    OBV-352.0M
    AD Line-27.8B
    CMF (20d)-1.303

    Volume Metrics

    Avg Vol (20d)27.2M
    Vol Ratio1.0x
    VWMA (20d)$44.67

    Pivot Points

    R3$45.99
    R2$45.21
    R1$44.81
    Pivot Point$44.03
    S1$43.63
    S2$42.85
    S3$42.45

    Advanced Oscillators

    TSI-25.01
    Ultimate Osc27.7
    KST-81.87

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$34.25B$34.44B$36.38B$33.82B$34.50B$33.48B$35.68B$33.33B$32.80B$32.98B$35.13B$33.34B
    Cost of Revenue$13.08B$13.67B$16.48B$13.35B$13.88B$13.06B$15.51B$13.24B$12.47B$12.87B$15.18B$13.44B
    Gross Profit$21.17B$20.77B$19.90B$20.48B$20.62B$20.43B$20.17B$20.09B$20.32B$20.11B$19.95B$19.90B
    Operating Expenses$13.99B$12.53B$14.90B$12.37B$12.45B$12.45B$12.75B$14.16B$12.51B$12.59B$19.35B$12.43B
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$8.98B$7.63B$10.38B$7.75B$7.81B$7.87B$8.24B$9.71B$8.02B$8.14B$8.99B$8.00B
    Operating Income$7.18B$8.24B$5.00B$8.11B$8.17B$7.98B$7.42B$5.93B$7.82B$7.52B$600.00M$7.47B
    Interest Income$44.00M$5.00M$3.00M$-6,000,000$-3,000,000$6.00M$-6,000,000$-24,000,000$-14,000,000$-9,000,000$-11,000,000$-18,000,000
    Interest Expense$1.99B$1.94B$1.76B$1.66B$1.64B$1.63B$1.64B$1.67B$1.70B$1.64B$1.60B$1.43B
    Income Before Tax$5.27B$6.78B$3.06B$6.53B$6.61B$6.47B$6.57B$4.30B$6.03B$6.08B$-1,817,000,000$6.19B
    Income Tax Expense$1.32B$1.64B$615.00M$1.47B$1.49B$1.49B$1.45B$891.00M$1.33B$1.35B$756.00M$1.31B
    Net Income$3.95B$5.15B$2.45B$5.06B$5.12B$4.98B$5.11B$3.41B$4.70B$4.72B$-2,573,000,000$4.88B
    EBITDA$12.22B$13.61B$9.34B$12.81B$12.89B$12.68B$12.72B$10.46B$12.23B$12.16B$4.31B$12.07B
    EBIT$7.21B$8.72B$4.82B$8.20B$8.25B$8.10B$8.22B$6.00B$7.75B$7.72B$-207,000,000$7.64B
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    AT&T at a 52-Week Low: What the Starlink Panic Is Actually Pricing In

    AT&T trades near $20.50 at a 52-week low, around 9x 2026 EPS midpoint and a ~12% FCF yield, implying the market is pricing a worse outcome than company guidance supports Management reaffirmed targets - >$18B FCF in 2026, adj EPS $2.25-2.35...

    Glenn Ford
    •
    7/10/26
    •
    165
    Income Investing, value investing, Telecom
    Also mentions:
    VZTMUSSATS

    The Diversification Test Every Investor Should Run (Built Into GNG)

    Counting holdings is misleading - a 12-stock, 10-industry model that appeared diversified lost most diversification once positions were grouped by underlying return drivers Academic rules conflict on count - Evans & Archer (1968) says 10-15 stocks, Statman (1987) 30-40, Statman (2004) >300...

    Leo Nelissen
    •
    6/29/26
    •
    376
    Portfolio Construction
    Also mentions:
    DHRTMOODFLINTUUNP

    T-Mobile (TMUS): Don't Judge This One by the Cover

    Market prices T-Mobile at utility multiples - ~11-12x this year's guided FCF, EV ≈10x EBITDA and 8.6% FCF yield, implying ~1% annual FCF growth need vs management's 2026 service-revenue guide near 8%. Operational quarter: postpaid net adds 217k (+6%), ARPA $151.93 (+3.9%)...

    Glenn Ford
    •
    5/25/26
    •
    220
    Telecom, value investing
    Also mentions:
    VZTCMCSACHTR

    Volatility Is Not a Sell Signal: The Framework That Stops Panic Selling

    A 15% vol stock can easily swing 35% up or down in a year; volatility measures dispersion, not ceiling on movement Short-term price moves are 95%+ noise...

    Glenn Ford
    •
    2/5/26
    •
    133
    Income Investing, Risk Management
    Also mentions:
    OPFETMO

    The Hidden 9% Income: Why I’m Choosing the “Riskiest” Dividend on the Board

    Screened 600+ stocks through Vulcan's systematic filters (volatility <30th pctl, beta <0.85, Fwd P/E 5-22, Altman Z >0.8). Only four dividend names cleared all gates: EPD, VZ, PFE, and WES. WES yields 9.3% vs EPD's 6.8%, VZ's 6.9%...

    Glenn Ford
    •
    12/22/25
    •
    271
    Dividend Investing, Income Investing, Midstream MLPs
    Also mentions:
    EPDVZPFE

    Government Contracts

    Gov Obligations (TTM)
    $10.36M
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    N/A
    Active Awards
    6
    New Awards (TTM)
    1
    Avg Remaining Term
    1.7 mo

    Top agency: Department of Defense at 100.0% of trailing twelve month obligations across 1 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    31360026P0003Nuclear Regulatory CommissionNuclear Regulatory Commission$3750Dec 23, 2025

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    Verizon Communications stock: Bank of America sets USD 48.00 target for Verizon Communications stock

    Bank of America Securities has set a USD 48.00 price target for Verizon Communications, reiterating a Hold rating. This target is 7.22% above Verizon's recent NYSE price. Verizon is scheduled to report its third-quarter...

    ad-hoc-news.de•10/16/26•Somewhat-Bullish

    Space Stock Watch: SpaceX Spectrum Deal, Rocket Lab Delays, Tesla Merger Chatter

    SpaceX made an $8 billion deal for 800 MHz spectrum, aiming to boost Starlink Mobile's competitiveness in the wireless market...

    TradingView•10/16/26•Somewhat-Bearish

    Apple’s $1,999 iPhone Duo Preorders Begin Today: Trade-Ins, Monthly Payments and Deals to Cut the Hefty Price

    Apple is opening preorders for its new $1,999 iPhone Duo today, offering various financing options and trade-in programs to help customers manage the high cost. These include instant credits for older iPhones...

    Benzinga•10/16/26•Neutral

    Elon Musk vs America’s Big 3 phone giants: AT&T, Verizon, T-Mobile down $50B. Will Starlink slash your wireless bill?

    Elon Musk's SpaceX, through its Starlink venture, is moving to become a major U.S. wireless carrier, posing a significant threat to AT&T, Verizon, and T-Mobile. Following an announcement...

    Yahoo Finance•10/16/26•Somewhat-Bearish

    UBS raises target for Corning stock from USD 196.00 to USD 201.00

    UBS has increased its price target for Corning stock (GLW) from USD 196.00 to USD 201.00. This comes as Corning's stock shows a slight increase, trading at EUR 123.30 on October 16, 2026...

    ad-hoc-news.de•10/16/26•Neutral

    VZ Valuation and Fair Value

    P/E
    9.1x
    Forward P/E
    8.7x
    EV/EBITDA
    7.3x
    P/FCF
    8.6x
    PEG
    0.8x
    P/B
    1.8x
    See GNG's fair value

    VZ Profitability: Margins, ROIC and FCF

    Gross margin
    59.3%
    Operating margin
    23.0%
    Net margin
    11.6%
    ROIC
    8.2%
    ROE
    15.8%
    FCF margin
    15.5%
    FCF yield
    11.6%

    VZ Competitors

    CompanyTicker
    Walt Disney CompanyDIS
    T-Mobile US IncTMUS
    Netflix IncNFLX
    AT&T Inc.T
    Meta Platforms Inc.META
    Spotify Technology SASPOT
    Alphabet Inc Class CGOOG
    Applovin CorpAPP

    Sector: Communication Services

    VZ Analyst Ratings

    Consensus
    Buy
    Analysts
    26
    Strong Buy
    3
    Buy
    8
    Hold
    15
    Sell
    0
    Strong Sell
    0

    VZ Bull Case vs Bear Case

    Bull case

    • VZ converts 15.5% of revenue into free cash flow.
    • VZ beat EPS estimates in 87.5% of its last 8 reported quarters.

    Bear case

    • VZ's quarterly revenue changed -0.7% year over year.

    VZ Earnings: Beat Rate and Next Report

    Beat rate
    7 of 8 quarters (87.5%)
    Average surprise
    2.4%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $1.28
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    2 up, 3 down

    VZ Dividend

    Forward yield
    6.4%
    Payout ratio
    30.2%
    3Y DPS growth
    1.9%
    5Y DPS growth
    1.9%
    Pay months
    Feb, May, Aug, Nov
    VZ dividend history

    Frequently Asked Questions About VZ

    What is VZ's current dividend yield?

    Verizon Communications Inc (VZ) has a forward dividend yield of 6.37%.

    Does VZ pay dividends?

    Yes, Verizon Communications Inc pays dividends with a forward dividend yield of 6.37%.

    What is VZ's P/E ratio?

    Verizon Communications Inc has a price-to-earnings (P/E) ratio of 9.10.

    What is VZ's market cap?

    Verizon Communications Inc (VZ) has a market capitalization of $184.56B with a current stock price of $44.41.

    Related stocks

    Sector: Communication Services

    All stocks starting with V

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.

    Create Free AccountLog In