An Evaluation Of Verizon Communications Inc (NYSE: VZ) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Earlier, Yahoo Finance discussed this stock as it revealed Verizon Joins RE100 and Shares New Milestones in its Responsible Business Plan.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

VZ belongs to the Communication Services sector of the NYSE while operating in the Telecom Services industry. The current market capitalization of Verizon Communications Inc is $176.41B. A total of 19.43 million shares were traded on the day, compared to an average of 20.20M shares.

In the most recent transaction, Malady Kyle sold 24,000 shares of VZ for 40.80 per share on Feb 22 ’24. After the transaction, the EVP and Group CEO-VZ Business now owns 35,201 company shares. In a previous transaction on Feb 15 ’24, Malady Kyle sold 15,000 shares at 40.33 per share. VZ shares that EVP and Group CEO-VZ Business owns now total 59,201.

Among the insiders who sold shares, Silliman Craig L. disposed of 3,340 shares on Dec 11 ’23 at a per-share price of $38.29. This resulted in the EVP&Pres.-VZ Global Services holding 46,295 shares of VZ after the transaction. In another insider transaction, Silliman Craig L. sold 23,380 shares at $38.00 per share on Nov 30 ’23. Company shares held by the EVP&Pres.-VZ Global Services now total 49,635.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Verizon Communications Inc pays an annual dividend of $2.63, resulting in a dividend yield of 6.28%, and it has a price to earnings (P/E) ratio of 15.22. VZ’s most recent ex-dividend date was 4/9/2024 when it declared a $0.6650 quarterly dividend that was paid in cash on 5/1/2024. Previously, the company paid the dividend on 2/1/2024 with an ex-dividend date of 1/9/2024. The VZ stock dividend was $0.6650 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, VZ has a high of $43.21 and a low of $30.14.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. VZ’s latest balance sheet shows that the firm has $2.92B in Cash & Short Term Investments as of fiscal 2021. There were $177.93B in debt and $47.16B in liabilities at the time. Its Book Value Per Share was $21.98, while its Total Shareholder’s Equity was $83.20B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for VZ is Buy with a score of 3.75.

Most Popular

Related Posts