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Verizon Communications (VZ)

(Delayed Data from NYSE)

$38.04 USD

38.04
22,105,607

-0.54 (-1.40%)

Updated Dec 4, 2023 04:00 PM ET

After-Market: $38.00 -0.04 (-0.11%) 7:58 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 Buy23.96%
2Buy17.61%
3Hold8.96%
4Sell4.80%
5Strong Sell2.32%
S&P50010.64%

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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.

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A Value D Growth D Momentum C 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%.

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Top 37% (93 out of 251)

Industry: Wireless National

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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

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

All items in Millions except Per Share data.

12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018
Assets          
Cash & Equivalents 2,605 2,921 22,171 2,594 2,745
Receivables 24,506 23,846 23,917 25,429 25,102
Notes Receivable 0 0 0 0 0
Inventories 2,388 3,055 1,796 1,422 1,336
Other Current Assets 8,358 6,906 6,710 8,028 5,453
Total Current Assets 37,857 36,728 54,594 37,473 34,636
Net Property & Equipment 107,434 99,696 94,833 91,915 89,286
Investments & Advances 1,071 1,061 589 558 671
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 189,928 187,899 130,283 128,946 128,519
Deposits & Other Assets 17,260 13,329 13,651 10,141 11,717
Total Assets 379,680 366,596 316,481 291,727 264,829
Liabilities & Shareholders Equity 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018
Notes Payable 0 0 0 0 0
Accounts Payable 23,977 24,833 20,658 21,806 22,501
Current Portion Long-Term Debt 9,963 7,443 5,889 10,777 7,190
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 12,097 11,025 9,628 9,024 8,239
Total Current Liabilities 50,171 47,160 39,660 44,868 37,930
Mortgages 0 0 0 0 0
Deferred Taxes/Income 43,441 40,685 35,711 34,703 33,795
Convertible Debt 0 0 0 0 0
Long-Term Debt 140,676 143,425 123,173 100,712 105,873
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 31,371 28,923 30,665 30,216 32,521
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 287,217 283,396 247,209 228,892 210,119
Shareholders Equity 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018
Preferred Stock 0 0 0 0 0
Common Stock (Par) 429 429 429 429 429
Capital Surplus 13,420 13,861 13,404 13,419 13,437
Retained Earnings 82,380 71,993 60,464 53,147 43,542
Other Equity 247 1,021 1,694 2,660 4,288
Treasury Stock 4,013 4,104 6,719 6,820 6,986
Total Shareholder's Equity 92,463 83,200 69,272 62,835 54,710
Total Liabilities & Shareholder's Equity 379,680 366,596 316,481 291,727 264,829
Total Common Equity 92,463 83,200 69,272 62,835 54,710
Shares Outstanding 4,199.80 4,197.70 4,138.10 4,135.70 4,132.00
Book Value Per Share 22.02 19.82 16.74 15.19 13.24

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

All items in Millions except Per Share data.

9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Assets          
Cash & Equivalents 4,210 4,803 2,234 2,605 2,082
Receivables 23,602 23,186 22,856 24,506 23,670
Notes Receivable 0 0 0 0 0
Inventories 2,240 1,896 2,381 2,388 3,133
Other Current Assets 8,067 7,503 8,251 8,358 10,861
Total Current Assets 38,119 37,388 35,722 37,857 39,746
Net Property & Equipment 107,490 107,270 106,987 107,434 103,004
Investments & Advances 929 1,015 1,052 1,071 1,083
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 195,059 191,081 190,405 189,928 189,036
Deposits & Other Assets 18,147 17,856 17,603 17,260 15,633
Total Assets 384,830 379,955 377,716 379,680 375,090
Liabilities & Shareholders Equity 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Notes Payable 0 0 0 0 0
Accounts Payable 26,140 20,067 19,273 23,977 22,235
Current Portion Long-Term Debt 12,950 14,827 12,081 9,963 14,995
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 12,681 12,299 12,237 12,097 11,950
Total Current Liabilities 55,677 51,404 47,768 50,171 53,141
Mortgages 0 0 0 0 0
Deferred Taxes/Income 44,434 44,055 43,667 43,441 42,094
Convertible Debt 0 0 0 0 0
Long-Term Debt 134,441 137,871 140,772 140,676 132,912
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 30,417 29,987 31,371 35,985
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 285,742 283,453 283,497 287,217 286,307
Shareholders Equity 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Preferred Stock 0 0 0 0 0
Common Stock (Par) 429 429 429 429 429
Capital Surplus 13,524 13,523 13,523 13,420 13,467
Retained Earnings 88,416 86,448 84,543 82,380 78,545
Other Equity 547 -68 -444 247 357
Treasury Stock 3,828 3,830 3,832 4,013 4,015
Total Shareholder's Equity 99,088 96,502 94,219 92,463 88,783
Total Liabilities & Shareholder's Equity 384,830 379,955 377,716 379,680 375,090
Total Common Equity 99,088 96,502 94,219 92,463 88,783
Shares Outstanding 4,204.10 4,204.00 4,199.80 4,199.80 4,199.80
Book Value Per Share 23.57 22.95 22.43 22.02 21.14