How to buy Verizon (VZ) shares in Australia
Learn how to easily invest in Verizon shares.
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Verizon Communications Inc is a telecom services business with stocks listed in the US. Verizon shares (VZ) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was US$52.93 – an increase of 1.26% over the previous week. Here's how to invest if you're based in Australia.
How to buy shares in Verizon
- Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for Verizon. Find the share by name or ticker symbol: VZ. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Verizon reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$53.39, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Verizon, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Verizon. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- Verizon key stats
- Compare share trading platforms
- Is Verizon stock a buy or sell?
- Verizon performance over time
- Can I short Verizon shares?
- 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
|52-week range||US$50.86 - US$59.2654|
|50-day moving average||US$53.7863|
|200-day moving average||US$55.9349|
|Dividend yield||US$2.522 (4.72%)|
|Earnings per share (TTM)||US$5.32|
Where to buy Verizon stock
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
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.
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Verizon price performance over time
|1 week (2021-10-14)||1.95%|
|1 month (2021-09-24)||-2.65%|
|3 months (2021-07-23)||-5.28%|
|6 months (2021-04-23)||-7.63%|
|1 year (2020-10-23)||-8.68%|
|2 years (2019-10-23)||-13.06%|
|3 years (2018-10-23)||-7.48%|
|5 years (2016-10-21)||9.81%|
Stocks similar to Verizon
Is Verizon under- or over-valued?
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 10x. In other words, Verizon shares trade at around 10x 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 3.3626. 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 US$51 billion (£37 billion).
The EBITDA is a measure of a Verizon's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||US$134.2 billion|
|Operating margin TTM||25.79%|
|Gross profit TTM||US$77.1 billion|
|Return on assets TTM||6.65%|
|Return on equity TTM||31.17%|
|Market capitalisation||US$221 billion|
TTM: trailing 12 months
Shorting Verizon shares
There are currently 53.5 million Verizon shares held short by investors – that's known as Verizon's "short interest". This figure is 3.9% down from 55.6 million last month.
There are a few different ways that this level of interest in shorting Verizon shares can be evaluated.
Verizon's "short interest ratio" (SIR)
Verizon's "short interest ratio" (SIR) is the quantity of Verizon shares currently shorted divided by the average quantity of Verizon shares traded daily (recently around 16.3 million). Verizon's SIR currently stands at 3.29. In other words for every 100,000 Verizon shares traded daily on the market, roughly 3290 shares are currently held short.
However Verizon's short interest can also be evaluated against the total number of Verizon shares, or, against the total number of tradable Verizon shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Verizon's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Verizon shares in existence, roughly 10 shares are currently held short) or 0.0129% of the tradable shares (for every 100,000 tradable Verizon shares, roughly 13 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Verizon.
Find out more about how you can short Verizon stock.
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 12/31/2018) 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.
Environmental, social, and governance (ESG) summary
|Total ESG score||17.59|
|Total ESG percentile||17.88|
|Environmental score percentile||4|
|Social score percentile||4|
|Governance score percentile||4|
|Level of controversy||3|
Verizon share dividends
Dividend payout ratio: 38.51% of net profits
Recently Verizon has paid out, on average, around 38.51% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.84% 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 4.84% return on their shares, in the form of dividend payments. In Verizon's case, that would currently equate to about $2.522 per share.
While Verizon's payout ratio might seem fairly standard, it's worth remembering that Verizon may be investing much of the rest of its net profits in future growth.
Verizon's most recent dividend payout was on 31 October 2021. The latest dividend was paid out to all shareholders who bought their shares by 6 October 2021 (the "ex-dividend date").
Have Verizon's shares ever split?
Verizon's shares were split on a 1000000:93 basis on 1 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 US$50.86 up to US$59.2654. 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 0.4481. This would suggest that Verizon's shares are less volatile than average (for this exchange).
Verizon Communications Inc. offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Its Consumer segment provides postpaid and prepaid service plans; internet access on notebook computers and tablets; wireless equipment, including smartphones and other handsets; and wireless-enabled internet devices, such as tablets, and other wireless-enabled connected devices, such as smart watches. It also provides residential fixed connectivity solutions, including internet, video, and voice services; and sells network access to mobile virtual network operators. As of December 31, 2020, it had approximately 94 million wireless retail connections, 7 million broadband connections, and 4 million Fios video connections. The company's Business segment provides network connectivity products, including private networking, private cloud connectivity, virtual and software defined networking, and internet access services; and internet protocol-based voice and video services, unified communications and collaboration tools, and customer contact center solutions. This segment also offers a suite of management and data security services; domestic and global voice and data solutions, including voice calling, messaging services, conferencing, contact center solutions, and private line and data access networks; customer premises equipment; installation, maintenance, and site services; and Internet of Things products and services. As of December 31, 2020, it had approximately 27 million wireless retail postpaid connections and 482 thousand broadband connections. Verizon Communications Inc. has a strategic partnership with Mastercard Incorporated. 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.
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