Company Update: Verizon Communications Inc (NYSE:VZ) – Analyzing AT&T’s Valuation Metrics after Earnings Release

[Market Realist] – As of January 27, 2016, AT&T had a forward annual dividend yield of ~5.4% in comparison to Verizon’s (VZ) ~4.6%. Read more on this. Verizon Communications Inc. (VZ) , with a current market cap of $204.18B, opened at $50.25. During today’s session, VZ traded between $49.42 to $50.45 and has traded between $38.06 and $51.02 over the past year. VZ shares are currently priced at 12.51x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 22.50x earnings multiple for the same period. And for income investors, the company pays shareholders $2.26 per share annually in dividends, yielding 4.52%. In a review of the consensus earnings estimate this quarter, 21 sell-side analysts are looking at $1.06 per share, which would be $0.04 better than the year-ago quarter and a $0.01 sequential increase. The full-year EPS estimate is $3.99 which would be a $0.00 setback than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $32.79 Billion. If realized, that would be a 2.53% increase over the year-ago quarter. More recently, Buckingham Research Initiated VZ at Neutral (Jul 2, 2015). Previously, JP Morgan downgraded VZ from Overweight to Neutral. The average price target for VZ shares by the analysts covering the stock is $50.71, which is 0.92% above where the stock opened this morning. See more in (NYSE:VZ) Similar Articles: Company Update: AT&T Inc (NYSE:T) – Analyzing AT&T’s Valuation Metrics after Earnings Release Stock Update: Verizon Communications Inc (NYSE:VZ) – Verizon’s Expected Earnings in 2016 Company Update: Verizon Communications Inc (NYSE:VZ) – Citi Ups AT&T To Buy On Valuation, Growing Dividend, Wireless ‘Breathing Room’