Back to top
more

Verizon Communications (VZ)

(Real Time Quote from BATS)

$40.75 USD

40.75
11,719,320

-0.41 (-1.00%)

Updated Nov 7, 2024 01:44 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value C Growth B Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 42% (146 out of 251)

Industry: Wireless National

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Balance Sheet

Research for VZ

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

See more Zacks Equity Research reports

   

Fiscal Year End for Verizon Communications Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 2,065 2,605 2,921 22,171 2,594
Receivables 25,085 24,506 23,846 23,917 25,429
Notes Receivable 0 0 0 0 0
Inventories 2,057 2,388 3,055 1,796 1,422
Other Current Assets 7,607 8,358 6,906 6,710 8,028
Total Current Assets 36,814 37,857 36,728 54,594 37,473
Net Property & Equipment 108,310 107,434 99,696 94,833 91,915
Investments & Advances 953 1,071 1,061 589 558
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 189,567 189,928 187,899 130,283 128,946
Deposits & Other Assets 19,885 17,260 13,329 13,651 10,141
Total Assets 380,255 379,680 366,596 316,481 291,727
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 23,453 23,977 24,833 20,658 21,806
Current Portion Long-Term Debt 12,973 9,963 7,443 5,889 10,777
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 12,531 12,097 11,025 9,628 9,024
Total Current Liabilities 53,223 50,171 47,160 39,660 44,868
Mortgages 0 0 0 0 0
Deferred Taxes/Income 45,781 43,441 40,685 35,711 34,703
Convertible Debt 0 0 0 0 0
Long-Term Debt 137,701 140,676 143,425 123,173 100,712
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 29,749 31,371 28,923 30,665 30,216
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 286,456 287,217 283,396 247,209 228,892
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 429 429 429 429 429
Capital Surplus 13,631 13,420 13,861 13,404 13,419
Retained Earnings 82,915 82,380 71,993 60,464 53,147
Other Equity 645 247 1,021 1,694 2,660
Treasury Stock 3,821 4,013 4,104 6,719 6,820
Total Shareholder's Equity 93,799 92,463 83,200 69,272 62,835
Total Liabilities & Shareholder's Equity 380,255 379,680 366,596 316,481 291,727
Total Common Equity 93,799 92,463 83,200 69,272 62,835
Shares Outstanding 4,204.10 4,199.80 4,197.70 4,138.10 4,135.70
Book Value Per Share 22.31 22.02 19.82 16.74 15.19

Fiscal Year End for Verizon Communications Inc falls in the month of December.

All items in Millions except Per Share data.

9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023
Assets          
Cash & Equivalents 4,987 2,432 2,365 2,065 4,210
Receivables 25,954 25,607 25,319 25,085 23,602
Notes Receivable 0 0 0 0 0
Inventories 2,523 1,841 2,076 2,057 2,240
Other Current Assets 7,177 8,176 8,197 7,607 8,067
Total Current Assets 40,641 38,056 37,957 36,814 38,119
Net Property & Equipment 107,528 107,890 107,863 108,310 107,490
Investments & Advances 867 908 941 953 929
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 189,999 189,813 189,788 189,567 195,059
Deposits & Other Assets 18,516 18,415 19,258 19,885 18,147
Total Assets 381,164 379,146 380,158 380,255 384,830
Liabilities & Shareholders Equity 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023
Notes Payable 0 0 0 0 0
Accounts Payable 22,222 19,727 20,139 23,453 26,140
Current Portion Long-Term Debt 21,763 23,255 15,594 12,973 12,950
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 13,519 13,577 13,616 12,531 12,681
Total Current Liabilities 61,816 60,806 53,631 53,223 55,677
Mortgages 0 0 0 0 0
Deferred Taxes/Income 45,865 46,082 45,980 45,781 44,434
Convertible Debt 0 0 0 0 0
Long-Term Debt 128,878 126,022 136,104 137,701 134,441
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 27,690 29,063 29,749 30,417
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 283,496 281,607 284,432 286,456 285,742
Shareholders Equity 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023
Preferred Stock 0 0 0 0 0
Common Stock (Par) 429 429 429 429 429
Capital Surplus 13,479 13,539 13,571 13,631 13,524
Retained Earnings 86,958 86,504 84,714 82,915 88,416
Other Equity 387 657 614 645 547
Treasury Stock 3,585 3,590 3,602 3,821 3,828
Total Shareholder's Equity 97,668 97,539 95,726 93,799 99,088
Total Liabilities & Shareholder's Equity 381,164 379,146 380,158 380,255 384,830
Total Common Equity 97,668 97,539 95,726 93,799 99,088
Shares Outstanding 4,209.60 4,209.50 4,209.20 4,204.10 4,204.10
Book Value Per Share 23.20 23.17 22.74 22.31 23.57