Verizon Communications Inc. (NYSE:VZ – Get Free Report) CEO Kyle Malady sold 1,100 shares of the firm’s stock in a transaction on Tuesday, October 20th. The shares were sold at an average price of $44.48, for a total transaction of $48,928.00. Following the completion of the transaction, the chief executive officer directly owned 99,966 shares of the company’s stock, valued at $4,446,487.68. This represents a 1.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed 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 transaction 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 transaction of $50,325.00.
- On Tuesday, September 29th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The stock was sold at an average price of $46.40, for a total transaction 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 transaction 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 transaction of $54,978.00.
- On Tuesday, September 1st, Kyle Malady sold 1,100 shares of Verizon Communications stock. The shares were sold at an average price of $50.50, for a total transaction 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 transaction 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 opened at $43.62 on Thursday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.57 and a current ratio of 0.60. The firm’s 50-day moving average is $47.71 and its 200-day moving average is $46.69. The stock has a market cap of $181.25 billion, a price-to-earnings ratio of 9.13, a PEG ratio of 1.70 and a beta of 0.26. Verizon Communications Inc. has a 52-week low of $38.39 and a 52-week high of $51.68.
Verizon Communications (NYSE:VZ – Get Free Report) last issued its earnings results on Friday, July 24th. The cell phone carrier reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.27 by $0.03. Verizon Communications had a net margin of 11.64% and a return on equity of 19.48%. The business had revenue of $34.25 billion during the quarter, compared to the consensus estimate of $35.16 billion. During the same period last year, the business posted $1.22 EPS. Verizon Communications’s revenue was down .7% on a year-over-year basis. Verizon Communications has set its FY 2026 guidance at 4.990-5.040 EPS. Sell-side analysts predict that Verizon Communications Inc. will post 5.03 EPS for the current year.
Verizon Communications Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Friday, October 9th will be paid a $0.7075 dividend. The ex-dividend date is Friday, October 9th. This represents a $2.83 annualized dividend and a yield of 6.5%. Verizon Communications’s dividend payout ratio is currently 73.70%.
Analysts Set New Price Targets
A number of analysts have recently issued reports on VZ shares. TD Cowen raised their price objective on Verizon Communications from $54.00 to $56.00 and gave the company a “buy” rating in a research report on Monday, July 27th. Morgan Stanley boosted their target price on Verizon Communications from $50.00 to $52.00 and gave the stock an “equal weight” rating in a report on Monday, July 27th. Scotiabank decreased their target price on Verizon Communications from $51.50 to $50.00 and set a “sector outperform” rating on the stock in a report on Friday, October 9th. BNP Paribas Exane dropped their price target on Verizon Communications from $46.00 to $44.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 14th. Finally, Barclays raised their price target on Verizon Communications from $45.00 to $46.00 and gave the company an “equal weight” rating in a report on Monday, July 27th. Eight investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $50.80.
Read Our Latest Research Report on VZ
Key Headlines Impacting Verizon Communications
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Verizon enters earnings season with potential support from strong customer metrics, continued fiber expansion and an attractive valuation. Analysts expect third-quarter earnings per share of approximately $1.27, representing single-digit growth, while investors will focus on subscriber trends and broadband momentum. Is Verizon Stock Worth Buying Ahead of Q3 Earnings Release
- Positive Sentiment: Preview coverage suggests investors may look beyond revenue and EPS to operating indicators such as wireless customer additions, churn, service revenue and broadband growth. Favorable results in these areas could help validate Verizon’s strategy and improve sentiment ahead of the report. Countdown to Verizon Q3 Earnings
- Neutral Sentiment: Verizon is scheduled to report third-quarter results on October 26. The earnings event is likely to drive near-term volatility because investors are assessing whether a fresh operating strategy can produce growth in a competitive market. Verizon Q3 2026 Preview
- Neutral Sentiment: CEO Kyle Malady sold 1,100 shares under a pre-arranged Rule 10b5-1 trading plan. Because the sale represented only about 1.09% of his holdings and was planned in advance, it provides limited insight into management’s current outlook. SEC insider transaction filing
- Negative Sentiment: Competitive pressure remains a key concern. AT&T’s weak market reaction despite an earnings beat and raised outlook weighed on the wireless group, while Starlink is promoting satellite connectivity as a potential disruptor to traditional telecom services. High debt and intense competition could limit Verizon’s upside even if it meets estimates. Starlink Telecom Competition
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the stock. Capstone Capital Management Ltd bought a new stake in shares of Verizon Communications during the third quarter worth approximately $592,000. Range Financial Group LLC grew its position in shares of Verizon Communications by 2.6% in the third quarter. Range Financial Group LLC now owns 104,036 shares of the cell phone carrier’s stock valued at $4,772,000 after purchasing an additional 2,649 shares during the last quarter. Newman Dignan & Sheerar Inc. increased its stake in shares of Verizon Communications by 1.2% during the third quarter. Newman Dignan & Sheerar Inc. now owns 26,408 shares of the cell phone carrier’s stock worth $1,211,000 after purchasing an additional 310 shares during the period. MBM Wealth Consultants LLC increased its stake in shares of Verizon Communications by 21.5% during the third quarter. MBM Wealth Consultants LLC now owns 14,860 shares of the cell phone carrier’s stock worth $682,000 after purchasing an additional 2,628 shares during the period. Finally, 55 North Private Wealth LLC increased its stake in shares of Verizon Communications by 7.5% during the third quarter. 55 North Private Wealth LLC now owns 8,510 shares of the cell phone carrier’s stock worth $390,000 after purchasing an additional 596 shares during the period. Institutional investors and hedge funds own 62.06% of the company’s stock.
Verizon Communications Company Profile
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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