--- title: Verizon (VZ) — intrinsic value and fair price canonical: https://sweetvaluelab.com/stocks/vz ticker: VZ as_of: 2026-10-17 sector: Communication Services industry: Telecommunications Services --- # Verizon (VZ) Verizon (VZ) closed at $44.79 on Oct 16, 2026, undervalued by 67% vs its model value of $137.27 (from a five-year discounted cash flow). ## Key figures | Figure | Value | | --- | ---: | | Last close | $44.79 (Oct 16, 2026) | | Model value (from a five-year discounted cash flow) | $137.27 | | Price vs model | undervalued by 67% vs model | | Range of that model | $59.34 – $295.06 | | Market value | $186.1B | | P/E (fiscal 2025) | 11.0 | | Net margin (fiscal 2025) | 12.4% | | Free cash flow (fiscal 2025) | $20.1B | | Dividend yield (trailing twelve months) | 6.28% | | Beta | 0.25 | | Cost of capital (WACC) | 5.68% | | Business classification | Dividend Payer (Low/slowing growth (~2% recent), Moderate margins (12% net margin), Strong dividend yield, Highly cyclical earnings, Strong FCF yield (10.8%)) | ## On the stock lists | List | Place | Figure | Page | | --- | ---: | ---: | --- | | Highest dividend yield | #10 | 6.28% | https://sweetvaluelab.com/lists/highest-dividend-yield | | Highest free cash flow yield | #24 | 10.8% | https://sweetvaluelab.com/lists/highest-free-cash-flow-yield | | Lowest P/E | #23 | 11.0× | https://sweetvaluelab.com/lists/lowest-pe | ## Dividends | Figure | Value | | --- | ---: | | Trailing dividend yield | 6.28% | | Dividends per share, last 12 months | $2.81 | | Dividends / free cash flow (fiscal 2025) | 57.0% | | Raised | 21 years in a row | | Growth over 5 years | 2.2% a year | | Latest payment | $0.7075, ex-date Oct 9, 2026, paid Nov 2, 2026 | | Year of payments | Dividends per share | | --- | ---: | | To Oct 7, 2021 | $2.52 | | To Oct 6, 2022 | $2.57 | | To Oct 6, 2023 | $2.62 | | To Oct 10, 2024 | $2.67 | | To Oct 10, 2025 | $2.72 | | Trailing twelve months (to Oct 9, 2026) | $2.81 | ## Valuation models Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026. | Model | Role | Value per share | Low | High | | --- | --- | ---: | ---: | ---: | | DCF · Perpetuity growth · 5y | primary | $137.27 | $59.34 | $295.06 | | DCF · Perpetuity growth · 10y | cross check | $137.33 | $62.75 | $301.14 | | DCF · EBITDA exit · 5y | cross check | $56.85 | $13.17 | $109.00 | | DCF · EBITDA exit · 10y | cross check | $68.54 | $26.83 | $126.12 | | P/E · peers | cross check | $50.19 | $39.90 | $71.27 | | P/E · own history | cross check | $46.39 | $36.17 | $55.23 | | PEG | sanity check | $76.99 | $76.99 | $76.99 | | EV/EBITDA · peers | cross check | $30.11 | $24.62 | $51.66 | | EV/Revenue · peers | cross check | $11.70 | $7.97 | $24.45 | | Earnings power value | cross check | $54.03 | $35.87 | $85.23 | | Dividend discount | cross check | $64.10 | $41.02 | $123.59 | ## Insider activity (SEC Form 4) Past 90 days: 0 open-market buys ($0) and 9 open-market sales ($476,454); 10b5-1 plan sales included. | Date | Insider | Relationship | Transaction | Shares | Value | | --- | --- | --- | --- | ---: | ---: | | Oct 13, 2026 | Malady Kyle | EVP and Group CEO-VZ Business | Open-market sell (10b5-1 plan) | 1,100 | $47,223 | | Oct 8, 2026 | Villanueva Rodriguez Alfonso | EVP and Group CEO-VZ Consumer | Grant / award | 131.364 | $1,737.9 | | Oct 8, 2026 | Venkatesh Vandana | EVP and Chief Legal Officer | Grant / award | 96.488 | $1,276.5 | | Oct 8, 2026 | Stillwell Mary-Lee | SVP and Controller | Grant / award | 44.176 | $584.4 | | Oct 8, 2026 | Skiadas Anthony T | EVP and CFO | Grant / award | 131.364 | $1,737.9 | ## Recent SEC filings | Filed | Form | What | Filing | | --- | --- | --- | --- | | Sep 29, 2026 | 8-K | 5.02 Departure/Election of Directors or Officers | https://www.sec.gov/Archives/edgar/data/732712/000119312526407520/d130372d8k.htm | | Jul 31, 2026 | S-8 | Employee stock plan registration | https://www.sec.gov/Archives/edgar/data/732712/000119312526328620/d194267ds8.htm | | Jul 31, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/732712/000073271226000046/vz-20260630.htm | | Jul 24, 2026 | 8-K | 5.02 Departure/Election of Directors or Officers | https://www.sec.gov/Archives/edgar/data/732712/000119312526315236/d174102d8k.htm | | Jul 24, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/732712/000073271226000040/vz-20260724.htm | ## Superinvestors holding it (latest 13F) | Manager | Quarter | Shares | Value | | --- | --- | ---: | ---: | | Mairs & Power | 2026-06-30 | 3,291,850 | $139.4M | | Bridgewater | 2026-06-30 | 980,458 | $41.5M | | Bill Miller | 2026-06-30 | 168,000 | $7.1M | | Hillman Capital | 2026-06-30 | 57,263 | $2.4M | 9 tracked managers in all. ## About Verizon Communications Inc. operates as a prominent global provider of diverse communication, technology, information, and entertainment solutions, catering to individuals, enterprises, and government entities worldwide through its various divisions. Its Consumer segment focuses on individual customers, supplying a broad spectrum of mobile service options, including both subscription-based (postpaid) and pay-as-you-go (prepaid) plans. This segment also facilitates internet access for portable devices such as laptop computers and tablets, and offers a variety of wireless hardware, ranging from smartphones and traditional mobile handsets to advanced wireless-enabled gadgets like tablets and smartwatches. Additionally, it delivers essential residential fixed connectivity services, which encompass internet, television, and voice communication. Verizon also extends its network capabilities by… --- Source: https://sweetvaluelab.com/stocks/vz (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.