Verizon Communications Inc (Verizon) is a holding company.
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Verizon Communications (NYSE:VZ) opened at 55.87 on Tuesday. Verizon Communications makes up approx 0.78% of Somerset Trust Co’s portfolio.
Analysts had expected Verizon Communications Inc.
Other large investors have also added to or reduced their stakes in the company. The investment management firm now holds a total of 156,722 shares of Verizon Communications which is valued at $8,792,104.Verizon Communications makes up approximately 0.80% of Capital Investment Advisors’s portfolio. The stock has a market capitalization of $230.74B and it has 4.08B outstanding shares.
02/04/2016 – D.A. Davidson began new coverage on Verizon Communications Inc. giving the company a “neutral” rating. Stuart Chaussee & Associates Inc. increased its position in shares of Verizon Communications by 70.7% in the first quarter. Oregon Public Employees Retirement Fund now owns 782,412 shares of the cell phone carrier’s stock valued at $36,163,000 after buying an additional 10,800 shares during the last quarter.
06/28/2016 – Verizon Communications Inc. had its “neutral” rating reiterated by analysts at Citigroup.
Without ever trading a single share of stock, without buying an option and Without ever touching a mutual friend. Past 5 years growth of Verizon Communications Inc. The stock has a 50 day moving average of $54.56 and a 200 day moving average of $51.69. Analysts are looking for earnings of $3.88 a share, i.e. $0.11 a share lower than the last year’s $3.99 a share. Analyst had a consensus estimate of $1.06.
Back on 7/21/2015 the company’s estimated EPS value was $1.01 and it reported $1.04 earnings per share (EPS) for the quarter ended on 6/2015. However, its revenue came in slightly below the Street analysts’ estimations.
The average estimate of EPS for the current financial quarter, company stands at $0.92 while the Earning per share for the current fiscal year is fixed at $3.88 by 22 analysts. This represents a $2.26 annualized dividend and a dividend yield of 4.05%. The ex-dividend date is Wednesday, July 6th.
Several research analysts have recently issued reports on the stock. Moffett Nathanson reaffirmed a “neutral” rating and set a $55.00 price target on shares of Verizon Communications in a research note on Friday, April 1st.
Verizon Communications (NYSE:VZ) traded down 1.68% during mid-day trading on Tuesday, reaching $54.93. Jefferies Group restated a “hold” rating and issued a $53.00 price objective on shares of Verizon Communications in a research note on Saturday, June 4th. Nineteen research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Verizon Communications now has a consensus rating of “Hold” and an average price target of $51.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
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