After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Earlier, Yahoo Finance discussed this stock as it revealed Verizon Business provides NASA with a network solution to allow for a live broadcast of solar eclipse.
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Stocks Info
As a NYSE listed company, VZ falls under the Communication Services sector while operating within the Telecom Services industry segment. The current market capitalization of Verizon Communications Inc is $177.08B. A total of 14.33 million shares were traded on the day, compared to an average of 19.90M 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
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Verizon Communications Inc pays an annual dividend of $2.63, resulting in a dividend yield of 6.26%, and it has a price to earnings (P/E) ratio of 15.28. 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.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, VZ has a high of $43.42 and a low of $30.14.
As of this writing, VZ has an earnings estimate of $1.12 per share for the current quarter. EPS was calculated based on a consensus of 18 estimates, with a high estimate of $1.16 per share and a lower estimate of $1.07. The company reported an EPS of $1.11 in the last quarter, which was 3.70% higher than expectations of $1.07.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside 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.
