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
CEO
Hans Vestberg
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
BELL ATLANTIC CORP
SEC CIK
Corporate docs
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 • BAMS Communications LLC ...
IRS number
232259884
VZ stock data
Latest filings (excl ownership)
424B2
Prospectus for primary offering
18 Mar 24
424B2
Prospectus for primary offering
18 Mar 24
424B2
Prospectus for primary offering
11 Mar 24
424B2
Prospectus for primary offering
11 Mar 24
8-K
Regulation FD Disclosure
6 Mar 24
424B2
Prospectus for primary offering
4 Mar 24
424B2
Prospectus for primary offering
4 Mar 24
25-NSE
Exchange delisting
1 Mar 24
424B2
Prospectus for primary offering
26 Feb 24
424B2
Prospectus for primary offering
21 Feb 24
Transcripts
VZ
Earnings call transcript
2023 Q4
23 Jan 24
VZ
Earnings call transcript
2023 Q3
24 Oct 23
VZ
Earnings call transcript
2023 Q2
25 Jul 23
VZ
Earnings call transcript
2023 Q1
25 Apr 23
VZ
Earnings call transcript
2022 Q4
24 Jan 23
VZ
Earnings call transcript
2022 Q3
21 Oct 22
VZ
Earnings call transcript
2022 Q2
22 Jul 22
VZ
Earnings call transcript
2022 Q1
22 Apr 22
VZ
Earnings call transcript
2021 Q4
25 Jan 22
VZ
Earnings call transcript
2021 Q3
20 Oct 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 5.66 bn | 5.66 bn | 5.66 bn | 5.66 bn | 5.66 bn | 5.66 bn |
Cash burn (monthly) | 228.33 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.28 bn | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 4.38 bn | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 19.2 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
42.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2335 |
Opened positions | 305 |
Closed positions | 463 |
Increased positions | 735 |
Reduced positions | 1174 |
13F shares | Current |
---|---|
Total value | 62.62 tn |
Total shares | 1.80 bn |
Total puts | 10.99 mm |
Total calls | 10.83 mm |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 350.05 mm | $13.20 tn |
STT State Street | 183.19 mm | $6.91 tn |
Charles Schwab Investment Management | 93.01 mm | $3.47 tn |
MS Morgan Stanley | 78.86 mm | $2.97 tn |
NTRS Northern Trust | 42.22 mm | $1.59 tn |
LGEN Legal & General | 37.48 mm | $1.41 tn |
Dimensional Fund Advisors | 35.51 mm | $1.34 tn |
JPM JPMorgan Chase & Co. | 33.30 mm | $1.26 tn |
BK Bank Of New York Mellon | 30.75 mm | $1.16 tn |
FMR | 28.61 mm | $1.08 tn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Mar 24 | Vandana Venkatesh | Phantom Stock (unitized) Common Stock | Grant | Acquire A | Yes | No | 11.36 | 72.144 | 819.56 | 34,057.813 |
14 Mar 24 | Mary-Lee Stillwell | Phantom Stock (unitized) Common Stock | Grant | Acquire A | Yes | No | 11.36 | 41.661 | 473.27 | 7,133.821 |
14 Mar 24 | Anthony T Skiadas | Phantom Stock (unitized) Common Stock | Grant | Acquire A | Yes | No | 11.36 | 133.11 | 1.51 k | 104,210.987 |
14 Mar 24 | Craig L. Silliman | Phantom Stock (unitized) Common Stock | Grant | Acquire A | Yes | No | 11.36 | 117.868 | 1.34 k | 337,523.124 |
14 Mar 24 | Sowmyanarayan Sampath | Phantom Stock (unitized) Common Stock | Grant | Acquire A | Yes | No | 11.36 | 173.755 | 1.97 k | 104,399.168 |
News
Check Out What Whales Are Doing With Verizon Communications
14 Mar 24
7 Communication Services Stocks Whale Activity In Today's Session
12 Mar 24
Verizon Disclosed Cap Increase And Early Participation Results For Tender Offers For Five Series Of Its Debt Securities
29 Feb 24
Verizon Announces New Netflix Premium And AMC+ Ad-Free Streaming Bundle
28 Feb 24
Xerox To Deploy Verizon Network As A Service Solutions Framework For IT Modernization
27 Feb 24
Press releases
Verizon Frontline Crisis Response Team soars with Skydio X10 drone
11 Mar 24
Total mobile network traffic surges triple digits, according to Verizon's first-ever Consumer Connections Report
11 Mar 24
Verizon to speak at Deutsche Bank conference March 12
8 Mar 24
Verizon Business unveils next-generation Internet gateway and receiver
5 Mar 24
Verizon to speak at Scotiabank TMT conference March 5
1 Mar 24