Verizon Communications Inc. (NYSE:VZ – Get Free Report) CEO Kyle Malady sold 1,100 shares of Verizon Communications stock in a transaction on Tuesday, October 20th. The shares were sold at an average price of $44.48, for a total value of $48,928.00. Following the completion of the transaction, the chief executive officer owned 99,966 shares of the company’s stock, valued at approximately $4,446,487.68. This trade represents a 1.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Kyle Malady also recently made the following trade(s):
- On Tuesday, October 13th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The stock was sold at an average price of $42.93, for a total value of $47,223.00.
- On Tuesday, October 6th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The stock was sold at an average price of $45.75, for a total value of $50,325.00.
- On Tuesday, September 29th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The shares were sold at an average price of $46.40, for a total value of $51,040.00.
- On Tuesday, September 22nd, Kyle Malady sold 1,100 shares of Verizon Communications stock. The shares were sold at an average price of $47.65, for a total value of $52,415.00.
- On Tuesday, September 8th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The shares were sold at an average price of $49.98, for a total value of $54,978.00.
- On Tuesday, September 1st, Kyle Malady sold 1,100 shares of Verizon Communications stock. The stock was sold at an average price of $50.50, for a total value of $55,550.00.
- On Tuesday, August 25th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The stock was sold at an average price of $50.06, for a total value of $55,066.00.
- On Tuesday, August 18th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The stock was sold at an average price of $48.68, for a total transaction of $53,548.00.
Verizon Communications Stock Down 2.1%
Shares of VZ stock traded down $0.92 during trading hours on Wednesday, reaching $43.62. 29,897,805 shares of the stock were exchanged, compared to its average volume of 27,245,383. The business’s fifty day moving average is $47.78 and its two-hundred day moving average is $46.74. The firm has a market capitalization of $181.25 billion, a P/E ratio of 11.36, a P/E/G ratio of 1.69 and a beta of 0.26. Verizon Communications Inc. has a 12-month low of $38.39 and a 12-month high of $51.68. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.60 and a quick ratio of 0.57.
Verizon Communications (NYSE:VZ – Get Free Report) last issued its quarterly earnings results on Friday, July 24th. The cell phone carrier reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.27 by $0.03. Verizon Communications had a net margin of 11.64% and a return on equity of 19.48%. The company had revenue of $34.25 billion during the quarter, compared to the consensus estimate of $35.16 billion. During the same quarter in the previous year, the firm earned $1.22 earnings per share. The firm’s quarterly revenue was down .7% on a year-over-year basis. Verizon Communications has set its FY 2026 guidance at 4.990-5.040 EPS. As a group, research analysts expect that Verizon Communications Inc. will post 5.03 EPS for the current fiscal year.
Verizon Communications Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Friday, October 9th will be issued a $0.7075 dividend. This represents a $2.83 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date is Friday, October 9th. Verizon Communications’s dividend payout ratio (DPR) is presently 73.70%.
Institutional Trading of Verizon Communications
Several institutional investors and hedge funds have recently bought and sold shares of the business. Cornerstone Financial Management LLC grew its holdings in shares of Verizon Communications by 6.2% during the second quarter. Cornerstone Financial Management LLC now owns 3,568 shares of the cell phone carrier’s stock worth $151,000 after buying an additional 207 shares during the last quarter. RKL Wealth Management LLC raised its stake in Verizon Communications by 4.3% during the 1st quarter. RKL Wealth Management LLC now owns 5,338 shares of the cell phone carrier’s stock valued at $268,000 after acquiring an additional 218 shares during the last quarter. Manchester Financial Inc. raised its stake in Verizon Communications by 0.6% during the 2nd quarter. Manchester Financial Inc. now owns 34,924 shares of the cell phone carrier’s stock valued at $1,479,000 after acquiring an additional 218 shares during the last quarter. Frazier Financial Advisors LLC raised its stake in Verizon Communications by 32.7% during the 1st quarter. Frazier Financial Advisors LLC now owns 888 shares of the cell phone carrier’s stock valued at $45,000 after acquiring an additional 219 shares during the last quarter. Finally, FAS Wealth Partners Inc. lifted its position in Verizon Communications by 1.2% during the 1st quarter. FAS Wealth Partners Inc. now owns 18,421 shares of the cell phone carrier’s stock worth $925,000 after acquiring an additional 223 shares during the period. Hedge funds and other institutional investors own 62.06% of the company’s stock.
Verizon Communications News Roundup
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Verizon enters its upcoming earnings release with supportive fundamentals, including strong customer metrics, continued fiber expansion and an attractive valuation. Analysts expect single-digit year-over-year EPS growth, while Verizon’s low P/E ratio may appeal to income- and value-oriented investors. Is Verizon Stock Worth Buying Ahead of Q3 Earnings Release?
- Neutral Sentiment: Investors are focused on Verizon’s third-quarter results, expected in the coming week. The report will be important for assessing wireless subscriber trends, service revenue, margins and management’s outlook after the company previously guided to fiscal 2026 EPS of approximately $4.99-$5.04. What You Need to Know Ahead of Verizon Communications’ Earnings Release
- Negative Sentiment: AT&T’s post-earnings selloff, despite a quarterly beat and raised outlook, is weighing on Verizon and other wireless carriers. The reaction suggests investors may be concerned about sector valuation, growth durability or competitive trends rather than headline earnings alone. AT&T Sinks 5% Despite Q3 Beat and Raised Outlook; Verizon and T-Mobile Drop 3%
- Negative Sentiment: Competitive risks remain elevated. Analysts cite pressure from T-Mobile and AT&T, while Elon Musk’s comments portraying Starlink as a disruptive force in telecom add to investor concerns about future satellite-connectivity competition. Verizon’s substantial debt is another consideration, particularly if interest rates remain restrictive. Elon Musk Says SpaceX’s Starlink Is Rewriting Telecom
- Negative Sentiment: A wireless customer-experience study reported a widening gap between large legacy carriers and smaller challenger brands, reinforcing concerns about customer loyalty, churn and the cost of defending market share. Market Force Information Wireless Benchmark Study
Wall Street Analyst Weigh In
A number of equities analysts recently commented on VZ shares. Morgan Stanley boosted their target price on shares of Verizon Communications from $50.00 to $52.00 and gave the stock an “equal weight” rating in a research note on Monday, July 27th. Weiss Ratings restated a “buy (b)” rating on shares of Verizon Communications in a research report on Wednesday, August 26th. Barclays upped their target price on shares of Verizon Communications from $45.00 to $46.00 and gave the company an “equal weight” rating in a report on Monday, July 27th. Wells Fargo & Company increased their target price on shares of Verizon Communications from $43.00 to $47.00 and gave the company an “equal weight” rating in a research report on Monday, July 27th. Finally, Scotiabank decreased their price objective on shares of Verizon Communications from $51.50 to $50.00 and set a “sector outperform” rating for the company in a research note on Friday, October 9th. Eight research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $50.80.
Check Out Our Latest Stock Report on VZ
About Verizon Communications
Verizon Communications Inc is a telecommunications company that provides wireless communications, broadband, and digital connectivity services. Through its consumer business, Verizon offers mobile voice and data plans, smartphones and other connected devices, home internet, fixed wireless access, and fiber-optic broadband services under the Fios brand.
Verizon also serves businesses, government agencies, and other organizations with wireless connectivity, private networks, internet and data services, managed communications, cloud and security solutions, and Internet of Things services.
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