Several brokerages have updated their recommendations and price targets on shares of Verizon Communications (NYSE: VZ) in the last few weeks:
- 10/28/2026 – Verizon Communications was upgraded by Freedom Broker from “hold” to “buy”. They now have a $55.00 price target on the stock, up from $53.00.
- 10/27/2026 – Verizon Communications had its price target lowered by BNP Paribas Exane from $46.00 to $45.00.
- 10/27/2026 – Verizon Communications had its price target lowered by The Goldman Sachs Group from $51.00 to $47.00.
- 10/27/2026 – Verizon Communications had its price target lowered by Daiwa Securities Group from $55.00 to $52.00. They now have a “buy” rating on the stock.
- 10/27/2026 – Verizon Communications had its price target lowered by Citigroup from $55.00 to $53.00. They now have a “buy” rating on the stock.
- 10/27/2026 – Verizon Communications had its price target lowered by TD Cowen from $56.00 to $55.00. They now have a “buy” rating on the stock.
- 10/27/2026 – Verizon Communications had its price target lowered by Barclays from $46.00 to $44.00. They now have an “equal weight” rating on the stock.
- 10/27/2026 – Verizon Communications had its price target lowered by Morgan Stanley from $52.00 to $50.00. They now have an “equal weight” rating on the stock.
- 10/13/2026 – Verizon Communications had its price target lowered by Sanford C. Bernstein from $47.00 to $45.00.
- 10/9/2026 – Verizon Communications had its price target lowered by Scotiabank from $51.50 to $50.00. They now have a “sector outperform” rating on the stock.
- 10/2/2026 – Verizon Communications had its price target lowered by Scotiabank from $52.50 to $51.50. They now have a “sector outperform” rating on the stock.
- 10/1/2026 – Verizon Communications had its price target lowered by Arete Research from $71.00 to $62.00. They now have a “buy” rating on the stock.
- 9/22/2026 – Verizon Communications had its price target raised by Moffett Nathanson from $49.00 to $50.00. They now have a “neutral” rating on the stock.
Verizon Communications Price Performance
Shares of NYSE:VZ traded up $0.91 during mid-day trading on Wednesday, reaching $46.15. The stock had a trading volume of 12,121,350 shares, compared to its average volume of 27,348,064. The company has a current ratio of 0.63, a quick ratio of 0.58 and a debt-to-equity ratio of 1.33. The company has a market cap of $191.25 billion, a P/E ratio of 11.77, a price-to-earnings-growth ratio of 1.82 and a beta of 0.28. Verizon Communications Inc. has a 1 year low of $38.68 and a 1 year high of $51.68. The business’s 50 day moving average price is $46.85 and its 200 day moving average price is $46.79.
Verizon Communications (NYSE:VZ – Get Free Report) last released its quarterly earnings data on Monday, October 26th. The cell phone carrier reported $1.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.27 by $0.04. The business had revenue of $34.31 billion for the quarter, compared to the consensus estimate of $34.77 billion. Verizon Communications had a return on equity of 19.75% and a net margin of 11.78%. The company’s revenue was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.21 EPS. Research analysts expect that Verizon Communications Inc. will post 5.08 EPS for the current fiscal year.
Verizon Communications Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, November 2nd. Stockholders of record on Friday, October 9th were given a dividend of $0.7075 per share. This represents a $2.83 annualized dividend and a dividend yield of 6.1%. The ex-dividend date was Friday, October 9th. Verizon Communications’s dividend payout ratio is currently 72.19%.
Insider Activity at Verizon Communications
In related news, CEO Kyle Malady sold 1,100 shares of Verizon Communications stock in a transaction dated Tuesday, October 27th. The stock was sold at an average price of $43.00, for a total value of $47,300.00. Following the completion of the transaction, the chief executive officer owned 98,866 shares in the company, valued at approximately $4,251,238. This trade represents a 1.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 11,000 shares of company stock valued at $516,373. 0.03% of the stock is currently owned by company insiders.
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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