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How to buy Verizon stock in Canada
Learn how to buy Verizon stock in 5 easy steps.
Verizon is a telecom services business based in the US. Verizon stocks (VZ.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $35 – a decrease of 3.42% over the previous week. Verizon employs 117,100 staff and has a trailing 12-month revenue of around $136.2 billion.
How to buy Verizon stock
- Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – VZ. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
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What's in this guide?
- Can I buy shares in Verizon?
- Has coronavirus impacted Verizon shares?
- Verizon shares summary
- Compare share dealing platforms
- Is Verizon stock a buy or sell?
- Verizon performance over time
- Is Verizon suitable for ethical investing?
- Are Verizon shares over-valued?
- Verizon's financials
- How volatile are Verizon shares?
- Does Verizon pay a dividend?
- Have Verizon shares ever split?
- Other common questions
Verizon stock price (NYSE:VZ)Use our graph to track the performance of VZ stocks over time.
Verizon shares at a glance
|Latest market close||$35.00|
|52-week range||$33.46 - $49.08|
|50-day moving average||$37.85|
|200-day moving average||$39.12|
|Wall St. target price||$43.67|
|Dividend yield||$2.598 (7.26%)|
|Earnings per share (TTM)||$5.14|
Buy Verizon Communications Inc. stocks from these online trading platformsCompare special offers, low fees and a wide range of investment options among top trading platforms.
Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy Verizon stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Verizon price performance over time
Historical closes compared with the close of $35 from 2023-05-26
|1 week (2023-05-22)||-2.67%|
|1 month (2023-04-28)||-9.86%|
|3 months (2023-03-02)||-8.88%|
|6 months (2022-12-01)||-8.69%|
|1 year (2022-05-27)||-31.91%|
|2 years (2021-05-28)||-38.04%|
|3 years (2020-05-29)||57.38|
|5 years (2018-05-31)||47.67|
Is Verizon stock undervalued or overvalued?
Valuing Verizon stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Verizon's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Verizon's P/E ratio
Verizon's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, Verizon shares trade at around 7x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Verizon's PEG ratio
Verizon's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 5.5124. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Verizon's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Verizon's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $48.1 billion.
The EBITDA is a measure of a Verizon's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$136.2 billion|
|Operating margin TTM||22.72%|
|Gross profit TTM||$77.7 billion|
|Return on assets TTM||5.2%|
|Return on equity TTM||24.59%|
|Market capitalisation||$150.8 billion|
TTM: trailing 12 months
Verizon's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Verizon.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Verizon's total ESG risk score
Total ESG risk: 17.59
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Verizon's overall score of 17.59 (as at 01/01/2019) is excellent – landing it in it in the 18th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Verizon is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Verizon's environmental score
Environmental score: 5.21/100
Verizon's environmental score of 5.21 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that Verizon is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Verizon's social score
Social score: 13.2/100
Verizon's social score of 13.2 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that Verizon is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Verizon's governance score
Governance score: 6.18/100
Verizon's governance score puts it squarely in the 4th percentile of companies rated in the same sector. That could suggest that Verizon is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Verizon's controversy score
Controversy score: 3/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Verizon scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that Verizon hasn't always managed to keep its nose clean.
Verizon share dividends
Dividend payout ratio: 51.74% of net profits
Recently Verizon has paid out, on average, around 51.74% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.26% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Verizon shareholders could enjoy a 7.26% return on their shares, in the form of dividend payments. In Verizon's case, that would currently equate to about $2.598 per share.
Verizon's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Verizon's most recent dividend payout was on 1 May 2023. The latest dividend was paid out to all shareholders who bought their shares by 6 April 2023 (the "ex-dividend date").
Have Verizon's shares ever split?
Verizon's shares were split on a 1000000:93 basis on 2 July 2010. So if you had owned 93 shares the day before before the split, the next day you'd have owned 1000000 shares. This wouldn't directly have changed the overall worth of your Verizon shares – just the quantity. However, indirectly, the new 100% lower share price could have impacted the market appetite for Verizon shares which in turn could have impacted Verizon's share price.
Verizon share price volatility
Over the last 12 months, Verizon's shares have ranged in value from as little as $33.4623 up to $49.0829. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Verizon's is 0.3392. This would suggest that Verizon's shares are less volatile than average (for this exchange).
Verizon Communications Inc. , through its subsidiaries, provides communications, technology, information, and entertainment 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. It 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.
Stocks similar to Verizon
Verizon in the news
Verizon lights up 5G Ultra Wideband across Wisconsin
Verizon’s Responsible Marketing Action Plan Raises the Bar Again
Verizon honors military, veterans and their families with our best pricing, now and always
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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