Who gained the most today? Verizon Communications Inc. : VZ

Owen Stevens
April 21, 2017

Verizon Communications (NYSE:VZ) last released its quarterly earnings data on Tuesday, January 24th.

02/21/2017 - Verizon Communications Inc. was upgraded to "buy" by analysts at MoffettNathanson. The highest EPS estimate is $1.04 and the lowest is $0.94. "At the end of first-quarter 2017, Verizon had 5.7 million FiOS Internet connections and 4.7 million FiOS Video connections, year-over-year increases of 3.3 percent and 0.1 percent, respectively", Verizon said. The company is scheduled to report its next earnings report before the market opens on Thursday, April 20th.

Verizon Communications Inc. (VZ) has a mean recommendation of 2.71, according to data compiled by Zacks Investment Research. The cell phone carrier reported $0.86 earnings per share for the quarter, missing the consensus estimate of $0.89 by $0.03.

In other Verizon Communications news, SVP Anthony T. Skiadas sold 12,495 shares of Verizon Communications stock in a transaction on Tuesday, February 14th. It had retail postpaid phone net losses of 398,000 prior to launching Verizon Unlimited.

Axon Enterprise Inc (AAXN) formed multiple bottom with $20.06 target or 9.00% below today's $22.04 share price. The company lost a whopping 307,000 wireless customers in the first quarter. (NYSE:VZ) to report EPS of $0.98 for the quarter. HSBC Holdings plc raised Verizon Communications from a "hold" rating to a "buy" rating and set a $61.00 price target on the stock in a report on Thursday, January 19th. Finally, Wells Fargo & Co lowered shares of Verizon Communications from an "outperform" rating to a "market perform" rating and reduced their target price for the stock from $56.95 to $54.00 in a report on Monday, January 23rd. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision. Vetr has "Buy" rating and $48.62 target. If you are reading this piece on another website, it was stolen and reposted in violation of USA & global copyright and trademark law. If you are accessing this piece on another website, it was illegally copied and reposted in violation of global trademark & copyright legislation. (NYSE:VZ) by 0.1% during the fourth quarter, according to its most recent 13F filing with the SEC. Verizon Communications has a one year low of $46.01 and a one year high of $56.95. It has ranged in price between $48.54-$49.49 after having started the session at $48.62 as compared to the previous trading day's close of $48.81.

Verizon Communications Inc. (VZ) has a market capitalization of 200.66 Billion.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 1st. New England Private Wealth Advisors Ltd Liability invested in 0.55% or 29,451 shares. This represents a $2.31 dividend on an annualized basis and a yield of 4.69%. The ex-dividend date of this dividend was Friday, January 6th. Verizon Communications's dividend payout ratio is presently 71.74%. Overall, 19.66 Million shares exchanged hands versus its average trading volume of 15.41 Million shares.

The stock now has its Annual Dividend of $2.31 and an annual Dividend Yield of 4.69 Percent. Sell-side analysts have also provided a consensus recommendation of 2.70 on company shares. The shares were sold at an average price of $50.29, for a total transaction of $543,333.16. Hilton Capital Management LLC now owns 241,664 shares of the cell phone carrier's stock worth $12,562,000 after buying an additional 37,544 shares in the last quarter. The disclosure for this sale can be found here. Of the total, retail postpaid subscriber count was 108.483 million, up 1.2%; and retail prepaid user count was 5.430 million, down 0.5%.

FRESENIUS SE & COMPANY KG (OTCMKTS:FSNUF) had a decrease of 0.05% in short interest.

A number of hedge funds and other institutional investors have recently modified their holdings of VZ. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verizon Communications Inc. with MarketBeat.com's FREE daily email newsletter.

Other reports by VgToday

Discuss This Article