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Verizon beat earnings estimates, raised 2025 guidance, and raised its dividend, while investors increased stakes.
Johnson & White Wealth Management LLC increased its Verizon stake to 8,512 shares, worth $368,000, in the second quarter, while other firms like UBS raised positions and Guyasuta and Sonora reduced theirs.
Verizon reported second-quarter earnings of $1.22 per share, beating estimates, with $34.5 billion in revenue, up 5.2% year-over-year.
The company raised its 2025 earnings guidance to $4.636–$4.728 per share and declared a quarterly dividend of $0.69, yielding 6.3%.
The stock trades at $43.60 with a market cap of $183.83 billion, a PE ratio of 10.16, and a consensus “Moderate Buy” rating with a $47.53 target.
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Verizon superó las estimaciones de ganancias, elevó la guía de 2025 y aumentó su dividendo, mientras que los inversores aumentaron sus participaciones.