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NYSE - Nasdaq Real Time Price • USD
39.22 +0.33 (+0.84%)
As of 10:10 AM EDT. Market Open.
Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.
| Name | Title | Pay | Exercised | Year Born |
|---|
| Mr. Hans E. Vestberg | Chairman & CEO | 6.13M | -- | 1965 |
| Mr. Anthony T. Skiadas | Executive VP & CFO | 1.93M | -- | 1969 |
| Mr. Kyle Malady | Executive VP & CEO of Verizon Business Group | 2.81M | -- | 1968 |
| Mr. Sowmyanarayan Sampath | Executive VP & CEO of Verizon Consumer Group | 2.88M | -- | 1977 |
| Ms. Mary-Lee Stillwell | Senior VP of Accounting & External Reporting and Controller | -- | -- | 1974 |
| Mr. Joseph J. Russo | Executive VP & President of Global Networks and Technology | -- | -- | -- |
| Mr. Brady Connor | Senior Vice President of Investor Relations | -- | -- | -- |
| Ms. Vandana Venkatesh | Executive VP & Chief Legal Officer | -- | -- | 1973 |
| Ms. Stacy Sharpe | Executive VP & Chief Communications Officer | -- | -- | -- |
| Ms. Leslie Berland | Executive VP & Chief Marketing Officer | -- | -- | -- |
Verizon Communications Inc.
- Sector:
- Communication Services
- Industry:
Telecom Services
- Full Time Employees:
- 103,900
Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadband through its wireless networks, as well as related equipment and devices, such as smartphones, tablets, smart watches, and other wireless-enabled connected devices. The segment also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as Washington D.C. through its fiber-optic network, Verizon Fios product portfolio, and a copper-based network. The Business segment provides wireless and wireline communications services and products, including FWA broadband, data, video and conferencing, corporate networking, security and managed network, local and long-distance voice, and network access services to deliver various IoT services and products to businesses, government customers, and wireless and wireline carriers in the United States and internationally. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.
Verizon Communications Inc.’s ISS Governance QualityScore as of July 1, 2024 is 1. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 3; Compensation: 1.
Corporate governance scores courtesy of Institutional Shareholder Services (ISS) Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.
August 1, 2024 at 12:00 AM UTC
Dividend Date
October 22, 2024 at 12:30 PM UTC
Verizon Communications Inc. Earnings Date
July 22, 2024 at 12:30 PM UTC
Q2 2024 Earnings Call
July 22, 2024 at 12:00 AM UTC
8-K: Corporate Changes & Voting Matters
July 10, 2024 at 12:00 AM UTC
Ex-Dividend Date
June 27, 2024 at 12:00 AM UTC
8-K: Corporate Changes & Voting Matters
June 21, 2024 at 12:00 AM UTC
11-K: Annual report of employee stock purchase
May 23, 2024 at 12:00 AM UTC
8-K: Corporate Changes & Voting Matters
May 21, 2024 at 12:50 PM UTC
at JPMorgan Global Technology, Media and Communications Conference
May 14, 2024 at 1:00 PM UTC
at MoffettNathanson Technology, Media and Telecom Conference
April 30, 2024 at 12:00 AM UTC
DEFA14A: Proxy Statements
April 25, 2024 at 12:00 AM UTC
10-Q: Periodic Financial Reports
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FAQs
Verizon Communications Inc. operates as a telecommunications company. The Company provides wire line voice, data services, wireless, and internet services. Verizon Communications serves clients in the United States.
What do analysts say about VZ stock? ›
Verizon has 11.99% upside potential, based on the analysts' average price target. Is VZ a Buy, Sell or Hold? Verizon has a consensus rating of Moderate Buy which is based on 7 buy ratings, 7 hold ratings and 0 sell ratings.
Does VZ have a lot of debt? ›
Total debt on the balance sheet as of March 2024 : $175.63 B
According to Verizon's latest financial reports the company's total debt is $175.63 B. A company's total debt is the sum of all current and non-current debts.
What is the summary of Verizon company? ›
Description. Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide.
Is Verizon a good stock to buy? ›
Verizon stock holds a Relative Strength Rating of 53 out of a best-possible 99, according to the IBD Stock Checkup. The best stocks tend to have RS ratings of 80 or better. In addition, VZ stock has an IBD Composite Rating of 49 out of 99.
What is Verizon's reputation? ›
NEW YORK - Verizon prides itself on delivering the most reliable, highest performing and most secure network, and for the 32nd consecutive time, customers agree that Verizon is unmatched in wireless network quality.
Where will Verizon be in 5 years? ›
Price in 2024: According to experts, VZ stock will range between $41.96 and $51.43, reflecting positive market sentiment of the company. Long-term Price Forecast for 2025-2030: According to various analysts, Verizon's stock price may fall to $17.78 by mid-2029 or rise to $86.54 by December 2028.
Why is VZ stock falling? ›
Verizon Falls After Earnings Report
Verizon (VZ) shares fell sharply Monday after the telecommunications giant posted second-quarter earnings that came in below analysts' expectations despite adding subscribers to both its internet and mobile phone services.
What is the future outlook for Verizon stock? ›
Verizon Stock Forecast
The 17 analysts with 12-month price forecasts for Verizon stock have an average target of 44.85, with a low estimate of 36 and a high estimate of 52. The average target predicts an increase of 14.66% from the current stock price of 39.12.
Does Warren Buffett still own VZ? ›
T-Mobile (NASDAQ: TMUS) has outlasted its peers AT&T (NYSE: T) and Verizon (NYSE: VZ) in Buffett's portfolio. Berkshire bought AT&T in mid-2015, only to turn around and sell it in the next two quarters. It bought Verizon stock a couple of times: once in early 2014, and it completely sold out by the end of 2016.
Once interest rates inevitably come down, Verizon's stock could become a much more popular buy than it is today. I think given its low valuation and high dividend, this is an investment worth adding to your portfolio. There's a good margin of safety here for risk-averse investors as well.
Is Verizon losing a lot of customers? ›
The customer exodus in Verizon's consumer division took off at the beginning of 2022, when it lost 292,000 such customers. But some analysts see an end in sight. Verizon has been steadily losing customers in its consumer business since the beginning of last year.
Who is Verizon's biggest competitor? ›
Top Verizon Competitors & Similar Companies
- AT&T.
- BT Group.
- Vodafone.
- Deutsche Telekom.
- Orange.
- T-Mobile.
- Comcast.
AT&T purchased the Verizon assets for about $2.35 billion in cash. All in all, AT&T said it plans to invest between $18 billion and $19 billion this year, assuming a favorable regulatory environment, in its wireless networks and wireline backhaul.
What is unique about Verizon? ›
In its latest survey of the Fastest Mobile Networks, PCmag.com observed of Verizon, “The nation's largest carrier also runs the nation's fastest LTE data network, with the fastest download speeds and lowest latency.”
What are the demographics of Verizon Communications? ›
Verizon Communications demographics summary.
After extensive research and analysis, Zippia's data science team found that: Verizon Communications has 132,200 employees. 43% of Verizon Communications employees are women, while 57% are men. The most common ethnicity at Verizon Communications is White (59%).
What are the weaknesses of Verizon Communications? ›
Weaknesses
- Safety issues: Safety and breach of consumer privacy are primary concerns for telecommunication companies. ...
- Dependence on the US market: Verizon depends heavily on its home ground market. ...
- Unwanted data charges: Customers never acknowledge the extra charges.
Verizon purchased Vodafone's 45% stake in Verizon in September 2013 for $130 billion. The deal closed on February 21, 2014, and became the third largest corporate deal ever signed, giving Verizon Communications sole ownership of Verizon Wireless.
What is the Verizon mission and vision statement? ›
We deliver superior customer experiences through our products and our actions. Everything we do, we build on a strong network, systems and process foundation. The quality and reliability of the products we deliver are paramount. Customers pay us to provide them with services that they can rely on.
