Verizon Communications (VZ)

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

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$46.60

Low target

$44.00

High target

$49.00

Raymond James

Maintains

Outperform

$48.00

24 Sep 24

Latest filings (excl ownership)

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S-4

Registration of securities issued in business combination transactions

6 Dec 24

8-K

Amendments to Articles of Incorporation or Bylaws

25 Oct 24

Additional proxy materials by non-management

22 Oct 24

8-K

Verizon updates broadband strategy to bring more

22 Oct 24

8-K

Verizon delivers strong third quarter results with customer growth in mobility, extending industry leadership

22 Oct 24

424B2

Prospectus for primary offering

30 Sep 24

8-K

Verizon and Vertical Bridge agree to $3.3 billion tower transaction

30 Sep 24

424B2

Prospectus for primary offering

23 Sep 24

424B2

Prospectus for primary offering

23 Sep 24

Transcripts

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Earnings call transcript

2024 Q3

22 Oct 24

Earnings call transcript

2024 Q3

22 Oct 24

Earnings call transcript

2024 Q2

22 Jul 24

Earnings call transcript

2024 Q1

22 Apr 24

Earnings call transcript

2023 Q4

23 Jan 24

Earnings call transcript

2023 Q3

24 Oct 23

Earnings call transcript

2023 Q2

25 Jul 23

Earnings call transcript

2023 Q2

25 Jul 23

Earnings call transcript

2023 Q1

25 Apr 23

Earnings call transcript

2022 Q4

24 Jan 23

Latest ownership filings

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Sowmyanarayan Sampath

Financial summary

Financial statements Chart VZ financial data

Quarter (USD)	Sep 24	Jun 24	Mar 24	Dec 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
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)	5.39 bn	5.39 bn	5.39 bn	5.39 bn	5.39 bn	5.39 bn
Cash burn (monthly)	(no burn)	22.75 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	63.49 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	5.32 bn	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	234.0	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

VZ institutional ownership history Ownership history

61.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	2799	2799	–
Opened positions	188	175	+7.4%
Closed positions	188	160	+17.5%
Increased positions	1192	1202	-0.8%
Reduced positions	1180	1184	-0.3%

13F shares	Current	Prev Q	Change
Total value	111.12 tn	102.97 tn	+7.9%
Total shares	2.60 bn	2.63 bn	-1.2%
Total puts	40.77 mm	30.11 mm	+35.4%
Total calls	42.23 mm	35.35 mm	+19.5%
Total put/call ratio	1.0	0.9	+13.3%

Largest owners	Shares	Value	Change
Vanguard	358.13 mm	$16.08 tn	+1.2%
BLK BlackRock	341.91 mm	$15.36 tn	NEW
STT State Street	184.52 mm	$8.29 tn	-0.5%
Charles Schwab Investment Management	101.27 mm	$4.55 tn	+6.2%
Geode Capital Management	95.82 mm	$4.29 tn	+2.2%
MS Morgan Stanley	77.63 mm	$3.49 tn	+2.6%
NTRS Northern Trust	40.09 mm	$1.80 tn	-4.3%
LGEN Legal & General	36.76 mm	$1.65 tn	-4.2%
Dimensional Fund Advisors	35.86 mm	$1.61 tn	+0.8%
Ubs Global Asset Management Americas	34.32 mm	$1.54 tn	-0.1%

Largest transactions	Shares	Bought/sold	Change
BLK BlackRock	0.00	-348.87 mm	EXIT
BLK BlackRock	341.91 mm	+341.91 mm	NEW
Norges Bank	0.00	-55.46 mm	EXIT
GQG Partners	24.74 mm	+24.74 mm	NEW
Aristotle Capital Management	22.79 mm	+22.79 mm	NEW
Amundi	19.07 mm	-6.38 mm	-25.1%
MQBKY Macquarie Group Limited	2.98 mm	-6.16 mm	-67.4%
Voya Investment Management	6.14 mm	-6.10 mm	-49.8%
Capital Research Global Investors	12.98 mm	-6.09 mm	-31.9%
Charles Schwab Investment Management	101.27 mm	+5.94 mm	+6.2%

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
19 Dec 24	Mary-Lee Stillwell	Phantom Stock (unitized) Common Stock	Grant	Acquire A	Yes	No	11.41	41.478	473.26	8,310.288
19 Dec 24	Sowmyanarayan Sampath	Phantom Stock (unitized) Common Stock	Grant	Acquire A	Yes	No	11.41	172.992	1.97 k	113,048.474
19 Dec 24	Samantha Hammock	Phantom Stock (unitized) Common Stock	Grant	Acquire A	Yes	No	11.41	81.944	934.98	19,843.52
19 Dec 24	Kyle Malady	Phantom Stock (unitized) Common Stock	Grant	Acquire A	Yes	No	11.41	152.759	1.74 k	359,866.941
19 Dec 24	Joseph J. Russo	Phantom Stock (unitized) Common Stock	Grant	Acquire A	Yes	No	11.41	81.944	934.98	51,516.998