Equities Analysts Offer Predictions for VZ Q2 Earnings

Verizon Communications Inc. (NYSE:VZ) – Equities researchers at KeyCorp issued their Q2 2026 earnings per share (EPS) estimates for Verizon Communications in a research note issued to investors on Sunday, July 5th. KeyCorp analyst B. Nispel anticipates that the cell phone carrier will post earnings of $1.22 per share for the quarter. The consensus estimate for Verizon Communications’ current full-year earnings is $4.98 per share. KeyCorp also issued estimates for Verizon Communications’ Q3 2026 earnings at $1.30 EPS, Q4 2026 earnings at $1.20 EPS, Q2 2027 earnings at $1.38 EPS, Q3 2027 earnings at $1.39 EPS, Q4 2027 earnings at $1.27 EPS and FY2027 earnings at $5.40 EPS.

A number of other brokerages also recently issued reports on VZ. Freedom Capital upgraded Verizon Communications to a “hold” rating in a research report on Friday, June 12th. Barclays reduced their target price on shares of Verizon Communications from $47.00 to $45.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 8th. Dbs Bank cut shares of Verizon Communications from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Morgan Stanley upped their price target on shares of Verizon Communications from $49.00 to $50.00 and gave the company an “equal weight” rating in a report on Tuesday, April 28th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Verizon Communications from $49.00 to $52.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Nine analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $50.28.

Verizon Communications Stock Performance

NYSE VZ opened at $42.44 on Wednesday. The business’s 50 day moving average price is $45.90 and its 200-day moving average price is $46.05. Verizon Communications has a fifty-two week low of $38.39 and a fifty-two week high of $51.68. The company has a market cap of $177.19 billion, a P/E ratio of 10.35, a P/E/G ratio of 1.04 and a beta of 0.26. 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 (NYSE:VZ) last posted its quarterly earnings data on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.07. The business had revenue of $34.44 billion during the quarter, compared to analyst estimates of $34.82 billion. Verizon Communications had a return on equity of 19.25% and a net margin of 12.46%.The company’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same period last year, the company earned $1.19 EPS. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS.

Verizon Communications Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 10th will be paid a $0.7075 dividend. This represents a $2.83 annualized dividend and a yield of 6.7%. The ex-dividend date of this dividend is Friday, July 10th. Verizon Communications’s dividend payout ratio (DPR) is currently 69.02%.

Hedge Funds Weigh In On Verizon Communications

Institutional investors have recently modified their holdings of the stock. Robinswood Financial LLC purchased a new stake in shares of Verizon Communications in the first quarter valued at approximately $27,000. Lam Group Inc. bought a new position in shares of Verizon Communications during the 1st quarter worth $28,000. Strengthening Families & Communities LLC increased its stake in shares of Verizon Communications by 490.0% during the fourth quarter. Strengthening Families & Communities LLC now owns 649 shares of the cell phone carrier’s stock valued at $26,000 after buying an additional 539 shares during the period. Holos Integrated Wealth LLC bought a new stake in shares of Verizon Communications in the fourth quarter valued at about $28,000. Finally, EQ Wealth Advisors LLC bought a new stake in shares of Verizon Communications in the fourth quarter valued at about $29,000. 62.06% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Verizon Communications

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

• Positive Sentiment: Verizon is expanding its presence in connected vehicles through a new U.S. BMW Group and KDDI collaboration, bringing 5G and IoT connectivity into BMW cars for telematics and infotainment. The deal could support future revenue growth and highlights Verizon’s push into higher-value automotive services. Verizon (VZ) Expands Into BMW Connected Cars And Launches Gizmo Watch 4
• Positive Sentiment: Some commentary says Verizon may still look inexpensive on earnings, pointing to solid returns and suggesting the stock could be undervalued relative to its fundamentals and cash-generation profile. Verizon (VZ) Stock Looks Like A Bargain On Earnings While Returns Stay Strong
• Neutral Sentiment: Investor interest in Verizon remains elevated ahead of upcoming earnings, which can keep the stock active but does not by itself change the fundamentals. Verizon Communications Inc. (VZ) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Verizon also launched the Gizmo Watch 4, a kid-focused wearable that adds to its consumer ecosystem and may help retention, though the near-term stock impact is limited. Meet the Gizmo Watch 4: Verizon’s new kid-friendly smartwatch
• Negative Sentiment: Verizon was hit by reports of another round of layoffs and roughly $5 billion in budget cuts, which signals cost pressure and a more cautious operating outlook. VZ Stock Slips As Verizon Reportedly Plans New Round Of Layoffs
• Negative Sentiment: Wall Street sentiment has also softened, with BNP Paribas Exane lowering its price target and keeping a neutral rating, while broader telecom fears tied to Starlink continue to weigh on the sector. SpaceX’s Starlink threat causes Bernstein to cut Verizon, AT&T, Comcast PTs

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.