Company Verizon Communications

Equities

VZ

US92343V1044

Integrated Telecommunications Services

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Group companies

Sector

Sales per Business

Ratings for Verizon Communications

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Integrated Telecommunications Services

Market Closed - Nyse Other stock markets 04:00:02 2024-04-18 pm EDT			After market 07:22:33 pm
40.13 ^USD	+0.88%		40.34	+0.51%

Apr. 17	Crown Castle beats site rental revenue estimates on steady demand	RE
Apr. 17	Smartmatic, One America News settle election defamation lawsuit	RE

Verizon Communications Inc. specializes in wireless and wireline telecommunications services. The group's activity is organized around 2 areas:

- mobile telecommunication services: mobile telephone services, data transmission, etc. operated in the Unites States via Verizon Wireless;

- wireline telecommunication services: local and long-distance telephone services, broadband Internet access, TV channels broadcasting, e-mailing, etc.

Net sales break down by customer between consumers (75.7%), businesses (22.4%) and other (1.9%).

Number of employees: 105,400

USD in Million	2022	Weight	2023	Weight	Delta
Consumer 75.9 %	103,506	75.6 %	101,626	75.9 %	-1.82%
Business 22.5 %	31,072	22.7 %	30,122	22.5 %	-3.06%
Corporate and Other 1.9 %	2,510	1.8 %	2,479	1.9 %	-1.24%
Eliminations -0.2 %	-253	-0.2 %	-253	-0.2 %	0.00%

USD in Million	2022	Weight	2023	Weight	Delta
United States 100.0 %	136,835	100.0 %	133,974	100.0 %	-2.09%

Managers	Title	Age	Since
Hans Vestberg CEO	Chief Executive Officer	58	17-04-02
Anthony Skiadas DFI	Director of Finance/CFO	55	13-06-09
Debika Bhattacharya CTO	Chief Tech/Sci/R&D Officer	-	-
George Brady Connor		-	-
Courtney Mezinis PRN	Corporate Officer/Principal	-	13-04-30
Keith Smout PRN	Corporate Officer/Principal	-	-
James Gowen PRN	Corporate Officer/Principal	-	01-12-31
Diane Maraventano PRN	Corporate Officer/Principal	-	-
Kyle Malady PRN	Corporate Officer/Principal	56	05-05-31
Sowmyanarayan Sampath PRN	Corporate Officer/Principal	47	21-12-31

Members of the board	Title	Age	Since
Clarence Otis BRD	Director/Board Member	67	05-12-31
Roxanne Austin BRD	Director/Board Member	63	20-10-01
Daniel Schulman BRD	Director/Board Member	66	18-09-05
Laxman Narasimhan BRD	Director/Board Member	56	21-06-30
Vittorio Colao BRD	Director/Board Member	62	19-05-01
Carol Tomé BRD	Director/Board Member	67	19-12-31
Shellye Archambeau BRD	Director/Board Member	61	13-11-30
Hans Vestberg CEO	Chief Executive Officer	58	17-04-02
Rodney Slater BRD	Director/Board Member	69	10-03-04
Melanie Healey BRD	Director/Board Member	62	11-11-30

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	4,291,445,440	4,202,481,423 ( 97.93 %)	87,172,997 ( 2.031 %)	97.93 %

Name	Equities	%	Valuation
Vanguard Fiduciary Trust Co. 8.326 %	350,050,212	8.326 %	14 688 M $
BlackRock Advisors LLC 6.363 %	267,516,928	6.363 %	11 225 M $
STATE STREET CORPORATION 4.357 %	183,193,191	4.357 %	7 687 M $
Charles Schwab Investment Management, Inc. 2.212 %	93,005,087	2.212 %	3 902 M $
Geode Capital Management LLC 2.052 %	86,286,747	2.052 %	3 621 M $
Eaton Vance Management 1.876 %	78,860,243	1.876 %	3 309 M $
ishares (DE) Invag Mit Teilgesellschaftsvermogen 1.651 %	69,408,197	1.651 %	2 912 M $
Norges Bank (13F) 1.187 %	49,924,784	1.187 %	2 095 M $
Merrill Lynch International 0.9422 %	39,611,749	0.9422 %	1 662 M $
Legal & General Investment Management Ltd. 0.8916 %	37,483,223	0.8916 %	1 573 M $

Name	Equities	%	Valuation
Caixa DTVM SA 0.001474 %	371,745	0.001474 %	3 M $
Itaú Unibanco SA 0.001318 %	332,377	0.001318 %	2 M $
Bram Bradesco Asset Management S/A DTVM 0.000229 %	57,696	0.000229 %	405 499 $
Safra Asset Management Ltda. 0.000150 %	37,800	0.000150 %	265 666 $
XP Allocation Asset Management Ltda. 0.000042 %	10,696	0.000042 %	75 174 $

Name	Equities	%	Valuation
MICROSOFT CORPORATION 0.00%	173,264	0.00%	72,895,630 $
VERIZON COMMUNICATIONS 0.04%	1,492,048	0.04%	62,606,334 $
NVIDIA CORPORATION 0.00%	68,652	0.00%	62,031,201 $
APPLIED MATERIALS, INC. 0.03%	269,175	0.03%	55,511,960 $
APPLE INC. 0.00%	236,600	0.00%	40,572,168 $
UNITEDHEALTH GROUP INC. 0.01%	62,300	0.01%	30,819,810 $
THE SELECT SECTOR SPDR TRUST - THE CONSUMER DISCRETIONARY SELECT SECTOR SPDR FUND 0.15%	158,600	0.15%	29,164,954 $
NETFLIX, INC. 0.01%	46,081	0.01%	27,986,374 $
BERKSHIRE HATHAWAY INC. 0.00%	51,000	0.00%	21,446,520 $
ASSURANT, INC. 0.22%	113,089	0.22%	21,287,873 $

Verizon Communications, Inc.

1095 Avenue of the Americas

10036, New York

+212 395 1000

http://www.verizon.com

Name	Category and Sector
Verizon Master Trust Verizon Master Trust Investment Trusts/Mutual FundsMiscellaneous Part of Verizon Communications, Inc., Verizon Master Trust operates as a trustee. The private company is based in Basking Ridge, NJ.	Investment Trusts/Mutual Funds
Verizon France SAS Verizon France SAS Specialty TelecommunicationsCommunications Verizon France SAS provides telecommunication services. The company is headquartered in Courbevoie, France.	Specialty Telecommunications
Verizon European Holdings Ltd. Verizon European Holdings Ltd. Specialty TelecommunicationsCommunications Part of Verizon Communications, Inc., Verizon European Holdings Ltd. provides telecommunications services. The private company is based in Reading, UK.	Specialty Telecommunications
Verizon Belgium Luxembourg SA NV
Verizon Data Services India Pvt Ltd.
Verizon Spain SL
Verizon UK Ltd. Verizon UK Ltd. Specialty TelecommunicationsCommunications Verizon UK Ltd. provides telecommunication and internet services. The company is headquartered in Reading, the United Kingdom.	Specialty Telecommunications
Verizon Media Netherlands BV Verizon Media Netherlands BV Internet Software/ServicesTechnology Services Part of Yahoo, Inc., Verizon Media Netherlands BV is a Dutch company that provides internet-based web services, including mail, communications, marketing, and social networking. The private company is based in Amsterdam, Netherlands.	Internet Software/Services
Verizon Nederland BV Verizon Nederland BV Information Technology ServicesTechnology Services Part of Verizon Communications, Inc., Verizon Nederland BV is a Dutch company that provides IT, security, cloud, and IoT services. The private company is based in Amsterdam, the Netherlands. The CEO of the company is Hans Vestberg.	Information Technology Services
Verizon Communications India Pvt Ltd.
NYNEX LLC
Verizon Terremark NV Verizon Terremark NV Information Technology ServicesTechnology Services Founded in 1995, Verizon Terremark NV is a subsidiary of Verizon Communications, Inc. that provides computer programming services. The private company is based in Machelen, Belgium.	Information Technology Services
Verizon Owner Trust 2017-3	Finance/Rental/Leasing
Verizon Business DPPA Master Trust	Investment Trusts/Mutual Funds
Edgecast Ltd. Edgecast Ltd. Specialty TelecommunicationsCommunications Part of Edgio, Inc., Edgecast Ltd. is a British company founded in 2013 that helps businesses develop and deliver online experiences faster, safer, and with more control through their platform. The private company is based in London, UK. The company offers Uplynk, a platform that enables businesses to scale their operations, reach more viewers, and deliver content quickly and efficiently.	Specialty Telecommunications
Oath (EMEA) Ltd.
ADTECH GmbH
Verizon Owner Trust 2019-A	Finance/Rental/Leasing
Verizon Owner Trust 2019-B	Finance/Rental/Leasing
Verizon Owner Trust 2019-C	Finance/Rental/Leasing
Verizon Owner Trust 2020-A	Finance/Rental/Leasing
AOL Interactive Media India Pvt Ltd.
Verizon Owner Trust 2020-B	Finance/Rental/Leasing
Verizon Deutschland GmbH Verizon Deutschland GmbH Information Technology ServicesTechnology Services Part of Verizon Holding Netherlands BV, Verizon Deutschland GmbH provides information technology, internet, wireless and wire line services. The private company is based in Dortmund, Germany. The CEO of the German company is Detlef Eppig.	Information Technology Services

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

40.13 USD

Average target price

45.72 USD

Spread / Average Target

+13.94%

Consensus

Estimates Revisions

Company calendar

Technology

Telecommunications Services

Telecommunications Services

Integrated Telecommunications Services

Other Integrated Telecommunications Services

	1st Jan change	Capi.
VERIZON COMMUNICATIONS	+6.45%	169B
CHINA MOBILE LIMITED	+6.71%	193B
DEUTSCHE TELEKOM AG	-3.40%	111B
NIPPON TELEGRAPH AND TELEPHONE CORPORATION	-2.55%	92.35B
CHINA TELECOM CORPORATION LIMITED	+19.25%	74.49B
AMÉRICA MÓVIL, S.A.B. DE C.V.	-4.00%	55.4B
SAUDI TELECOM COMPANY	-2.85%	52.16B
CHARTER COMMUNICATIONS, INC.	-33.13%	37.53B
ORANGE	+4.43%	30.27B
CHUNGHWA TELECOM CO., LTD.	+3.33%	29.63B

Other Integrated Telecommunications Services