Verizon Communications (VZ) Projected to Post Quarterly Earnings on Friday

Verizon Communications (NYSE:VZ) is anticipated to announce its Q2 2026 results before the market opens on Friday, July 24th. Analysts expect Verizon Communications to post earnings of $1.27 per share and revenue of $35.1910 billion for the quarter. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. Individuals can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Friday, July 24, 2026 at 8:30 AM ET.

Verizon Communications (NYSE:VZ) last released its quarterly earnings results on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.07. The firm had revenue of $34.44 billion during the quarter, compared to analyst estimates of $34.82 billion. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. The company’s revenue was up 2.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.19 EPS. On average, analysts expect Verizon Communications to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Verizon Communications Stock Up 1.2%

Shares of NYSE VZ opened at $44.29 on Thursday. The company’s 50 day moving average price is $45.45 and its 200-day moving average price is $46.18. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.64. Verizon Communications has a 52-week low of $38.39 and a 52-week high of $51.68. The company has a market capitalization of $184.92 billion, a P/E ratio of 10.80, a price-to-earnings-growth ratio of 1.07 and a beta of 0.26.

Verizon Communications Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 10th will be paid a dividend of $0.7075 per share. This represents a $2.83 dividend on an annualized basis and a yield of 6.4%. The ex-dividend date of this dividend is Friday, July 10th. Verizon Communications’s dividend payout ratio (DPR) is currently 69.02%.

Analyst Ratings Changes

Several equities analysts recently issued reports on VZ shares. Scotiabank dropped their target price on shares of Verizon Communications from $54.50 to $51.50 and set a “sector outperform” rating on the stock in a report on Wednesday, July 15th. JPMorgan Chase & Co. upped their price target on shares of Verizon Communications from $49.00 to $52.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Wells Fargo & Company initiated coverage on Verizon Communications in a report on Wednesday, July 8th. They set an “equal weight” rating and a $43.00 price target for the company. Erste Group Bank reissued a “hold” rating on shares of Verizon Communications in a research report on Tuesday, May 5th. Finally, Dbs Bank downgraded Verizon Communications from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Nine investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat.com, Verizon Communications presently has an average rating of “Hold” and an average price target of $50.03.

Key Stories Impacting Verizon Communications

Here are the key news stories impacting Verizon Communications this week:

• Positive Sentiment: Verizon launched the Gizmo Watch 4 for families, a child-safety-focused wearable that could help deepen its connected devices ecosystem and add incremental service revenue. Verizon (VZ) Launches Gizmo Watch 4 For Families Focused On Child Safety
• Positive Sentiment: Verizon is offering preorders for Samsung’s Galaxy Z Fold8 lineup and new Galaxy wearables, which may support device upgrades and customer retention through attractive financing and bundle deals. Samsung’s next-generation Z Fold meets simplicity & value on Verizon
• Positive Sentiment: Some coverage continues to frame Verizon as an income stock worth holding, with investors drawn to its high dividend yield and defensive cash-flow profile. Retire on Dividends Alone: The Super-High-Yield Stocks Boomers Are Buying and Never Selling
• Neutral Sentiment: Analysts are mixed ahead of Verizon’s Q2 earnings, with bullish comments about valuation and FIFA-related momentum offset by concerns about 5G spending, competition, and discounting. Should You Buy, Sell or Hold Verizon Stock Before Q2 Earnings?
• Neutral Sentiment: Verizon is shrinking its retail footprint by selling 274 stores and cutting 500 office jobs, part of a broader restructuring that may improve efficiency but also signals pressure in the core business. Verizon To Sell 274 Stores, Cut 500 Office Jobs In Restructuring
• Negative Sentiment: Royal Bank of Canada reportedly issued a pessimistic forecast for Verizon, reinforcing concerns that earnings and growth expectations may be under pressure heading into results. Royal Bank Of Canada Issues Pessimistic Forecast for Verizon Communications (NYSE:VZ) Stock Price
• Negative Sentiment: Verizon’s planned cuts of 3,000 jobs and the handoff of 274 stores to franchisees highlight a significant restructuring effort, which can raise investor worries about demand, margins, and business stability. Verizon Is Cutting 3,000 Jobs and Handing 274 Stores to Franchisees Right Before July 24 Earnings. Is the 6.5% Dividend Still Safe?

Institutional Investors Weigh In On Verizon Communications

Hedge funds and other institutional investors have recently bought and sold shares of the stock. State Street Corp increased its holdings in shares of Verizon Communications by 3.5% during the third quarter. State Street Corp now owns 215,490,064 shares of the cell phone carrier’s stock valued at $9,470,788,000 after acquiring an additional 7,276,809 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Verizon Communications by 5.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 116,570,816 shares of the cell phone carrier’s stock worth $4,747,930,000 after purchasing an additional 5,851,715 shares during the period. Amundi lifted its holdings in shares of Verizon Communications by 16.7% in the 4th quarter. Amundi now owns 22,843,449 shares of the cell phone carrier’s stock worth $930,418,000 after purchasing an additional 3,277,117 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Verizon Communications by 50.4% in the 3rd quarter. AQR Capital Management LLC now owns 8,848,766 shares of the cell phone carrier’s stock worth $385,983,000 after purchasing an additional 2,965,033 shares in the last quarter. Finally, Credit Agricole S A bought a new position in shares of Verizon Communications in the 3rd quarter worth $76,631,000. 62.06% of the stock is owned by institutional investors.

Verizon Communications Company Profile

Verizon Communications Inc (NYSE: VZ) is a major U.S.-based telecommunications company that provides a broad range of communications and information services. Its operations span consumer and business markets, with core offerings that include wireless voice and data services, fixed-line broadband and fiber-optic services, and enterprise networking solutions. Verizon is headquartered in New York City and operates a nationwide wireless network that supports consumer subscribers as well as business and government customers.

The company’s consumer products include mobile phone plans, unlimited data services, and Fios, its branded fiber-optic internet, television and voice service for homes and small businesses.