Verizon Shares Dip 0.39% With $620M Volume Ranked 170th as Analysts Raise 5G Growth Targets

On September 24, 2025, Verizon (VZ) closed with a 0.39% decline, trading at $43.35 with a volume of $0.62 billion, ranking 170th in market activity. The stock’s 52-week range spans $37.58 to $47.35, with a 50-day moving average of $43.43 and a 200-day average of $43.38. Analysts project 2025 earnings per share between $4.636 and $4.728, reflecting steady growth expectations.

Verizon’s recent quarterly dividend hike to $0.69 per share, effective November 3, underscores its commitment to shareholder returns, yielding 6.4%. Institutional investors, including the Ohio Public Employees Retirement System, increased stakes by 4.3%, while Kestra Investment Management and Rempart Asset Management added 121.8% and 52.8% of shares, respectively. These moves highlight confidence in the telecom giant’s stable cash flows and defensive positioning.

Q2 results showed $1.22 EPS, exceeding estimates by $0.03, with revenue rising 5.2% year-over-year to $34.5 billion. A net margin of 13.28% and return on equity of 19.61% reinforced operational efficiency. Analysts from Goldman Sachs and Bank of America raised price targets to $49, citing long-term growth in broadband and 5G integration, despite near-term wireless subscriber challenges.

Backtesting the “top-500-by-volume” strategy from 2022-01-03 to 2025-09-24 requires defining market universes (e.g., U.S. exchanges), corporate-action adjustments, weighting schemes (equal or volume-weighted), and transaction cost assumptions. These parameters will determine the robustness of the historical performance evaluation.