Media headlines about Verizon Communications (NYSE:VZ) have been trending positive this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Verizon Communications earned a daily sentiment score of 2.20 on their scale. InfoTrie also assigned news coverage about the cell phone carrier an news buzz score of 8 out of 10, meaning that recent media coverage is very likely to have an effect on the stock’s share price in the next few days.

These are some of the media headlines that may have effected Verizon Communications’ ranking:

NYSE:VZ opened at $59.16 on Thursday. The stock has a market capitalization of $250.24 billion, a PE ratio of 15.82, a price-to-earnings-growth ratio of 2.64 and a beta of 0.46. The company has a current ratio of 0.97, a quick ratio of 0.93 and a debt-to-equity ratio of 1.90. Verizon Communications has a 1-year low of $46.08 and a 1-year high of $61.58.

Verizon Communications (NYSE:VZ) last announced its quarterly earnings results on Tuesday, October 23rd. The cell phone carrier reported $1.22 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.19 by $0.03. The company had revenue of $32.61 billion for the quarter, compared to analysts’ expectations of $32.45 billion. Verizon Communications had a net margin of 24.71% and a return on equity of 35.50%. Verizon Communications’s revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.98 EPS. On average, analysts forecast that Verizon Communications will post 4.68 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Thursday, November 1st. Investors of record on Wednesday, October 10th were paid a $0.6025 dividend. This is a boost from Verizon Communications’s previous quarterly dividend of $0.59. The ex-dividend date of this dividend was Tuesday, October 9th. This represents a $2.41 dividend on an annualized basis and a yield of 4.07%. Verizon Communications’s payout ratio is presently 64.44%.

A number of research analysts have issued reports on VZ shares. Scotiabank set a $62.00 price objective on shares of Verizon Communications and gave the company a “buy” rating in a research report on Wednesday, October 24th. ValuEngine raised shares of Verizon Communications from a “hold” rating to a “buy” rating in a research report on Wednesday, October 24th. Bank of America reaffirmed a “buy” rating and issued a $58.00 target price on shares of Verizon Communications in a research report on Monday, October 22nd. Zacks Investment Research raised shares of Verizon Communications from a “hold” rating to a “buy” rating and set a $58.00 target price on the stock in a research report on Wednesday, August 1st. Finally, Barclays downgraded shares of Verizon Communications from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $56.00 to $50.00 in a research report on Tuesday, September 4th. Seven research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company’s stock. Verizon Communications currently has an average rating of “Buy” and a consensus target price of $56.22.

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Verizon Communications Company Profile

Verizon Communications Inc, through its subsidiaries, offers communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. The company's Wireless segment provides wireless voice and data services; Internet access on various notebook computers and tablets; multimedia, business-focused, and location-based services, as well as international travel services; and network access services to deliver various Internet of Things products and services.

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