Stock Update: Verizon Communications Inc (NYSE:VZ) – Verizon Stock: Capital Structure Analysis (VZ)

[at Investopedia] – Investigate Verizon’s capital structure, and understand how debt and equity capitalization and enterprise value interact with each other. Read more on this. Verizon Communications Inc. (VZ) , with a current market cap of $208.38B, opened at $50.91. Today’s price range has been between $50.61 and $51.14 per share with the price of the stock fluctuating between $38.06 to $54.49 over the last 52 weeks. Verizon (VZ) shares are currently priced at 12.84x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 18.71x earnings multiple for the same period. And for passive income investors, the company pays shareholders $2.26 per share annually in dividends, yielding 4.45%. In a review of the consensus earnings estimate this quarter, 23 sell-side analysts are looking at $0.99 per share, which would be $0.05 worse than the year-ago quarter and a $0.04 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $3.96 would be a $0.03 worse when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $31.26 Billion. If reported, that would be a 2.98% decrease over the year-ago quarter. Recently, Bernstein downgraded VZ from Outperform to Mkt Perform (Apr 7, 2016). Previously, Jefferies downgraded VZ from Buy to Hold. Given all the information above, we should disclose to readers that the average price target is $52.30, which is 2.73% above than it opened this morning. See more in (NYSE:VZ) Similar Articles: Market Update: Verizon Communications Inc (NYSE:VZ) – Verizon (VZ) Stock is the ‘Chart of the Day’ Stock Update: Verizon Communications Inc (NYSE:VZ) – How Could Verizon Benefit from XO Communications Transaction? Market Update: Verizon Communications Inc (NYSE:VZ) – Verizon Communications (VZ) Stock Rises in Pre-Market Trading on New Network Offer