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)
10-Q
2024 Q1
Quarterly report
25 Apr 24
8-K
Verizon begins 2024 with strong wireless service revenue growth, solid cash flow and continued momentum in broadband
22 Apr 24
PX14A6G
Letter to shareholders
15 Apr 24
PX14A6G
Letter to shareholders
11 Apr 24
PX14A6G
Letter to shareholders
9 Apr 24
PX14A6G
Letter to shareholders
8 Apr 24
424B2
Prospectus for primary offering
1 Apr 24
PX14A6G
Letter to shareholders
27 Mar 24
ARS
2023 FY
Annual report to shareholders
25 Mar 24
DEFA14A
Additional proxy soliciting materials
25 Mar 24
Transcripts
VZ
Earnings call transcript
2024 Q1
22 Apr 24
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
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 | |||||
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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) | 1.57 bn | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 4.09 bn | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 17.9 | 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 |
---|---|---|---|---|---|---|---|---|---|---|
11 Apr 24 | Joseph J. Russo | Phantom Stock (unitized) Common Stock | Grant | Acquire A | Yes | No | 11.47 | 81.506 | 934.87 | 47,676.526 |
11 Apr 24 | Kyle Malady | Phantom Stock (unitized) Common Stock | Grant | Acquire A | Yes | No | 11.47 | 151.942 | 1.74 k | 340,111.221 |
11 Apr 24 | Samantha Hammock | Phantom Stock (unitized) Common Stock | Grant | Acquire A | Yes | No | 11.47 | 81.506 | 934.87 | 17,515.272 |
11 Apr 24 | Hans Erik Vestberg | Phantom Stock (unitized) Common Stock | Grant | Acquire A | Yes | No | 11.47 | 232.441 | 2.67 k | 155,342.954 |
11 Apr 24 | Mary-Lee Stillwell | Phantom Stock (unitized) Common Stock | Grant | Acquire A | Yes | No | 11.47 | 41.256 | 473.21 | 7,214.577 |
News
10 Communication Services Stocks Whale Activity In Today's Session
23 Apr 24
Verizon Poised For Growth, Strategic Network Upgrades, Strong Momentum To Drive Future Success: Analyst
23 Apr 24
Wells Fargo Maintains Equal-Weight on Verizon Communications, Lowers Price Target to $40
23 Apr 24
Oppenheimer Maintains Outperform on Verizon Communications, Maintains $48 Price Target
23 Apr 24
Investor Optimism Improves, But Fear & Greed Index Remains In 'Fear' Zone
23 Apr 24
Press releases
Verizon to offer Latin music fans the chance to win a VIP experience at La Onda
24 Apr 24
Verizon readies for 2024 wildfire season
24 Apr 24
Lineage Announces Appointment of New Board Member
23 Apr 24
Verizon to report earnings April 22, 2024
18 Apr 24
Verizon Connect launches Verizon-designed Equipment Asset Tracker in Europe
16 Apr 24