Verizon Communications (VZ) Analysis

Stock Performance

• VZ shares fell 0.7% on Monday, trading between $43.22 and $43.42.
• Trading volume was significantly reduced at 2,453,774 shares, compared to the daily average of 20,114,346 shares.

Financial Highlights

• Market cap: $183.72B
• P/E ratio: 10.53
• PEG ratio: 4.45
• Beta: 0.39

Analyst Ratings and Target Prices

• Average target price: $47.41 (Moderate Buy rating).
• Recent upgrades/increased targets:
  • Scotiabank: $49.00
  • TD Cowen: "strong-buy"
  • Royal Bank of Canada: $45.00
  • Tigress Financial: $56.00
  • Oppenheimer: $50.00

Earnings and Revenue

• Q1 EPS: $1.19 (beat estimates by $0.04).
• Q1 revenue: $33.50B (vs. expected $33.31B).
• Return on equity: 19.80%
• Net margin: 12.99%

Dividend Information

• Quarterly dividend: $0.6775/share (annualized $2.71, 6.22% yield).
• Dividend payout ratio: 64.52%
• Dividend paid on May 1st to shareholders of record on April 10th.

Insider Transactions

• Insiders sold 22,500 shares in the last quarter for $979,400, representing 0.10% of company stock.
• Specific transactions:
  • EVP: Sold 10,000 shares at $43.79
  • CEO: Sold 7,500 shares at $43.88

Institutional Ownership

• Institutional ownership: 62.06%
• Major holders (Q4 increases):
  • Vanguard
  • Charles Schwab
  • Geode Capital Management
  • Norges Bank
  • Northern Trust Corp.

Business Operations

• Operates through:
  • Verizon Consumer Group (Consumer)
  • Verizon Business Group (Business)
• Provides communications, technology, information, and entertainment products/services globally.