Verizon Communications Stock Today

VZ Stock  USD 41.78  0.53  1.28%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 32

 
High
 
Low
Below Average
Verizon Communications is trading at 41.78 as of the 31st of August 2024; that is 1.28 percent increase since the beginning of the trading day. The stock's open price was 41.25. Verizon Communications has about a 32 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Note, on July 9, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Verizon Communications's common stock.
Business Domain
Telecommunication Services
IPO Date
23rd of July 2000
Category
Communication Services
Verizon Communications Inc., through its subsidiaries, offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York. The company has 4.21 B outstanding shares of which 47.45 M shares are at this time sold short in the market by investors with about 2.48 days to cover all shorted shares. More on Verizon Communications

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Verizon Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEORonan Dunne
Thematic Ideas
Showing 3 out of 4 themes
Old Names[Verizon Communications Inc., Verizon Communications Inc.]
Business ConcentrationDiversified Telecommunication Services, Telecommunication Services, Communication Services, Dow Jones Industrial, NYSE Composite, SP 500 Index, SP 100 Index, SP 100, Dow Jones Composite, ARCA Institutional, NYSE 100 Index, BETTERINVESTING 100 INDEX, Corona Opportunity, Impulse, Dividend Beast, Communication, Communication Services, Diversified Telecommunication Services, Telecom Services, Communication Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.03560.0305
Fairly Up
Pretty Stable
Asset Turnover0.560.3523
Way Up
Slightly volatile
Gross Profit Margin0.490.5903
Significantly Down
Very volatile
Net Debt180.1 B171.5 B
Sufficiently Up
Slightly volatile
Total Current Liabilities55.9 B53.2 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total244.9 B233.2 B
Sufficiently Up
Slightly volatile
Total Assets399.3 B380.3 B
Sufficiently Up
Slightly volatile
Total Current Assets21.8 B36.8 B
Way Down
Pretty Stable
Total Cash From Operating Activities24.8 B37.5 B
Way Down
Slightly volatile
Debt Levels
Verizon Communications can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Verizon Communications' financial leverage. It provides some insight into what part of Verizon Communications' total assets is financed by creditors.
Liquidity
Verizon Communications reports 173.58 B of total liabilities with total debt to equity ratio (D/E) of 2.01, which may imply that the company relies heavily on debt financing. Verizon Communications has a current ratio of 0.74, implying that it has not enough working capital to pay out debt commitments in time. Note however, debt could still be an excellent tool for Verizon to invest in growth at high rates of return.

Capital Expenditures

14.89 Billion
Verizon Communications (VZ) is traded on New York Stock Exchange in USA. It is located in 1095 Avenue of the Americas, New York, NY, United States, 10036 and employs 103,900 people. Verizon Communications is listed under Diversified Telecommunication Services category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a market capitalization of 175.87 B. Verizon Communications is active under Diversified Telecommunication Services sector as part of Communication Services industry. The entity has 4.21 B outstanding shares of which 47.45 M shares are at this time sold short in the market by investors with about 2.48 days to cover all shorted shares. Verizon Communications reports about 2.6 B in cash with 37.48 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.51.
Check Verizon Communications Probability Of Bankruptcy
Ownership Allocation
Verizon Communications shows a total of 4.21 Billion outstanding shares. Over half of Verizon Communications' outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Please note that on July 9, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Verizon Communications's common stock.
Check Verizon Ownership Details

Verizon Stock Institutional Holders

InstituionRecorded OnShares
Bank Of New York Mellon Corp2024-06-30
28.1 M
Fmr Inc2024-03-31
27.3 M
Ubs Asset Mgmt Americas Inc2024-03-31
27.1 M
Amvescap Plc.2024-03-31
26.4 M
Royal Bank Of Canada2024-03-31
26 M
T. Rowe Price Associates, Inc.2024-03-31
23.1 M
Capital Research Global Investors2024-03-31
22.6 M
Arrowstreet Capital Limited Partnership2024-03-31
22.5 M
Capital World Investors2024-03-31
21.8 M
Vanguard Group Inc2024-03-31
351.3 M
Blackrock Inc2024-03-31
341.5 M
View Verizon Communications Diagnostics

Verizon Communications Historical Income Statement

At this time, Verizon Communications' Interest Expense is fairly stable compared to the past year. Net Income Applicable To Common Shares is likely to rise to about 25.7 B in 2024, whereas Depreciation And Amortization is likely to drop slightly above 11.8 B in 2024. View More Fundamentals

Verizon Stock Against Markets

Verizon Communications Corporate Directors

Gregory WeaverIndependent DirectorProfile
Daniel SchulmanIndependent DirectorProfile
Clarence OtisLead Independent DirectorProfile
Mark BertoliniIndependent DirectorProfile

Additional Tools for Verizon Stock Analysis

When running Verizon Communications' price analysis, check to measure Verizon Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Verizon Communications is operating at the current time. Most of Verizon Communications' value examination focuses on studying past and present price action to predict the probability of Verizon Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Verizon Communications' price. Additionally, you may evaluate how the addition of Verizon Communications to your portfolios can decrease your overall portfolio volatility.