
Verizon Communications Inc
VZ · NYSE · Communication Services / Telecom Services
Price History
Full chartMarket Stats
About
Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and streaming products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadband through its wireless networks, as well as related equipment and devices, such as smartphones, tablets, smartwatches, and other wireless-enabled connected devices. The segment also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as Washington D.C. through its fiber-optic network, Verizon Fios product portfolio, and a copper-based network. The Business segment provides wireless and wireline communications services and products, including FWA and wireline broadband, advanced communication services, corporate networking, security and managed network, local and long-distance voice, and network access services to deliver various IoT services and products to businesses, government customers, and wireless and wireline carriers in the United States and internationally. The company distributes its products and services through direct channels, company-operated stores, digital and omnichannel platforms, indirect agents, business solution resellers, and national retailers. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.
Company Details
- SectorCommunication Services
- IndustryTelecom Services
- CEOMr. Daniel H. Schulman
- Employees93.30K
- Headquarters1095 Avenue of the Americas, New York, NY, United States, 10036, USA
- Websitehttps://www.verizon.com
Leadership
- Mr. Daniel H. SchulmanDirector & CEO · b. 1958
- Mr. Anthony T. Skiadas CPAExecutive VP & CFO · b. 1969
- Ms. Vandana VenkateshExecutive VP & Chief Legal Officer · b. 1972
- Mr. Kyle MaladyExecutive VP & CEO of Verizon Business Group · b. 1968
- Ms. Mary-Lee StillwellSenior VP of Accounting & External Reporting and Controller · b. 1975
- Mr. Santiago TenorioCTO & Senior VP of Strategy and Technology Enablement
- Ms. Colleen OstrowskiSenior Vice President of Investor Relations · b. 1974
- Ms. Leslie BerlandExecutive VP & Chief Marketing Officer
- Ms. Iris MeijerSenior Vice President of Business Marketing & Revenue Operations
- Mr. Sanjiv GossainGroup VP & Head of EMEA
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Analyst Ratings
- Strong Buy9
- Buy3
- Hold12
Ownership Breakdown
- Institutions
- 71.19%
- Insiders
- 0.05%
- Retail / Other
- 28.76%
Top Institutional Holders
- BlackRock Inc398.22M9.61%
- Vanguard Capital Management, LLC259.00M6.25%
- State Street Corp209.68M5.06%
- Charles Schwab Investment Management Inc127.77M3.08%
- Geode Capital Management, LLC106.82M2.58%
- Vanguard Portfolio Management, LLC77.43M1.87%
- Morgan Stanley - Brokerage Accounts70.30M1.70%
- Bank of America Corp60.86M1.47%
- NORGES BANK54.31M1.31%
- Northern Trust Corp43.83M1.06%
- JPMorgan Chase & Co41.18M0.99%
- UBS Asset Mgmt Americas Inc41.17M0.99%
- The Goldman Sachs Group Inc38.10M0.92%
Top Fund Holders
- Vanguard MStar Total Stk Mkt Idx Invest131.87M3.18%
- Vanguard 500 Index Investor109.11M2.63%
- Schwab US Dividend Equity ETF™93.57M2.26%
- iShares Core S&P 500 ETF55.40M1.34%
- Fidelity 500 Index54.00M1.30%
- State Street® SPDR® S&P 500® ETF50.71M1.22%
- Vanguard MStar Value Index Investor39.57M0.95%
Dividends
Stock Splits
- Jul 2, 20101000000:937889
- Apr 1, 2008100000:99537
- Nov 20, 2006100000:96334
- Jun 30, 19982:1
- May 2, 19902:1
- Apr 18, 19862:1