What's new? Log in Free sign up

Verizon Communications (VZ)

Company Profile

Verizon Communications Inc., commonly known as Verizon, is a multinational telecommunications conglomerate and a corporate component of the Dow Jones Industrial Average. The company is headquartered at 1095 Avenue of the Americas in Midtown Manhattan, New York City, but is incorporated in Delaware.

Company profile

Ticker

VZ

Exchange

Website

www.verizon.com/

CEO

Hans Vestberg

Incorporated

Location

Fiscal year end

Sector

Information > Telecommunications Resellers

Industry (SIC)

Telephone Communications (No Radiotelephone)

AT&T • Lumen • Qwest • Frontier Communications Parent • Windstream Services • Level 3 Parent • Telephone And Data Systems • Cincinnati Bell • Grizzly Merger Sub 1 • Consolidated Communications ...

Former names

BELL ATLANTIC CORP

SEC CIK

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Verizon Delaware LLC • Verizon Maryland LLC • Verizon New England Inc. • Verizon New Jersey Inc. • Verizon New York Inc. • Verizon Pennsylvania LLC • Verizon Virginia LLC • AirTouch Cellular Inc. • Alltel Corporation • Bell Atlantic Mobile Systems LLC ...

IRS number

232259884

VZ stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$38.25

Low target

$36.00

High target

$42.00

Latest filings (excl ownership)

View all

Prospectus for primary offering

Prospectus for primary offering

Prospectus for primary offering

Prospectus for primary offering

Prospectus for primary offering

Prospectus for primary offering

Prospectus for primary offering

Prospectus for primary offering

Prospectus for primary offering

Prospectus for primary offering

Transcripts

View all

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Latest ownership filings

View all

Vandana Venkatesh

Mary-Lee Stillwell

Anthony T Skiadas

Craig L. Silliman

Sowmyanarayan Sampath

Joseph J. Russo

Samantha Hammock

Hans Erik Vestberg

Financial summary

Financial statements Chart VZ financial data

Quarter (USD)	Jun 23	Mar 23	Dec 22	Sep 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Institutional ownership, Q2 2023

VZ institutional ownership history Ownership history

60.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	2564	2692	-4.8%
Opened positions	133	169	-21.3%
Closed positions	261	201	+29.9%
Increased positions	1031	1360	-24.2%
Reduced positions	1211	973	+24.5%

13F shares	Current	Prev Q	Change
Total value	94.34 tn	99.30 tn	-5.0%
Total shares	2.54 bn	2.59 bn	-2.2%
Total puts	30.22 mm	28.89 mm	+4.6%
Total calls	35.55 mm	32.13 mm	+10.6%
Total put/call ratio	0.9	0.9	-5.5%

Largest owners	Shares	Value	Change
Vanguard	350.69 mm	$13.04 tn	+0.5%
BLK Blackrock	339.01 mm	$12.61 tn	+1.8%
STT State Street	175.04 mm	$6.51 tn	+4.9%
Charles Schwab Investment Management	93.50 mm	$3.45 tn	+4.7%
Geode Capital Management	82.37 mm	$3.06 tn	+2.9%
MS Morgan Stanley	78.12 mm	$2.91 tn	+2.8%
BAC Bank Of America	66.04 mm	$2.46 tn	-8.3%
JPM JPMorgan Chase & Co.	44.56 mm	$1.66 tn	-3.1%
NTRS Northern Trust	42.61 mm	$1.58 tn	-8.7%
Dimensional Fund Advisors	39.44 mm	$1.47 tn	+1.0%

Largest transactions	Shares	Bought/sold	Change
Ofi Invest Asset Management	1.12 mm	-44.14 mm	-97.5%
Nordea Investment Management Ab	0.00	-14.20 mm	EXIT
Capital Research Global Investors	18.80 mm	-8.88 mm	-32.1%
STT State Street	175.04 mm	+8.17 mm	+4.9%
BMO Bank of Montreal	7.28 mm	+7.28 mm	NEW
BAC Bank Of America	66.04 mm	-5.97 mm	-8.3%
BCS Barclays	10.62 mm	+5.97 mm	+128.3%
BLK Blackrock	339.01 mm	+5.91 mm	+1.8%
PFG Principal Financial Group Inc - Registered Shares	5.39 mm	-4.69 mm	-46.5%
Charles Schwab Investment Management	93.50 mm	+4.17 mm	+4.7%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

VZ insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
14 Sep 23	Samantha Hammock	Phantom Stock (unitized) Common Stock	Grant	Acquire A	Yes	No	9.72	87.821	853.62	10,011.52
14 Sep 23	Hans Erik Vestberg	Phantom Stock (unitized) Common Stock	Grant	Acquire A	Yes	No	9.72	277.704	2.70 k	126,124.929
14 Sep 23	Rima Qureshi	Phantom Stock (unitized) Common Stock	Grant	Acquire A	Yes	No	9.72	111.557	1.08 k	24,089.996
14 Sep 23	Kyle Malady	Phantom Stock (unitized) Common Stock	Grant	Acquire A	Yes	No	9.72	159.027	1.55 k	318,388.519
14 Sep 23	Sowmyanarayan Sampath	Phantom Stock (unitized) Common Stock	Grant	Acquire A	Yes	No	9.72	170.895	1.66 k	90,225.096

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

Looking Into Verizon Communications's Recent Short Interest

Verizon Communications Unusual Options Activity

Overview Of Value Stocks In The Communication Services Sector

Get The iPhone 15 Pro With A Discount Of Up To $1,000 And A Free Apple iPad Worth $460

Jim Cramer Says Stay Away From This Consumer Cyclical Stock, 'It's Too Dicey'

Press releases

From Benzinga Pro

VERIZON ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Verizon Communications, Inc. and Encourages Investors to Contact the Firm

NEW YORK, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, reminds investors that a class action lawsuit has been filed against Verizon

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Verizon Communications Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – VZ

NEW YORK, Sept. 22, 2023 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Verizon Communications Inc. (NYSE:VZ) between February 4, 2020 and July

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Verizon Communications Inc. - VZ

NEW YORK, Sept. 21, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Verizon Communications Inc. ("Verizon" or the "Company") (NYSE: VZ). Such investors are advised

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Verizon Communications Inc. (VZ) Investors of a Class Action Lawsuit and Upcoming Deadline

Verizon Frontline survey reveals 5G, network reliability among top priorities for first responders

We use cookies on this site to provide a more responsive and personalized service. Continuing to browse, clicking I Agree, or closing this banner indicates agreement. See our Cookie Policy for more information.