How to buy Verizon (VZ) stock

A big part of learning how to buy Verizon stocks is finding the best place to make your investment. Verizon stocks are available to invest in through an online stock broker, and it usually takes just a few minutes to buy shares in Verizon when following our step by step guide.

Where to buy Verizon stock?

The best stock trading platform to use to buy Verizon stock is eToro .

Based on our research, we’ve ranked the top three brokers where you can buy Verizon shares, according to how easy they are to use, how low their fees are, their safety and security rating, and average customer reviews.

Read more about how we test, rank & review platforms.

How to buy stock in Verizon in 3 simple steps

Buying Verizon stock is quick and easy, all you need is an internet connection and a copy of your photo ID. Here’s how to do it.

Step 1. Sign up to eToro

eToro is the best stock trading platform for beginners. Fill in your details to set up a brokerage account and attach a copy of your ID to verify it.

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1

Min. Deposit

$ 10

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User Score

10

Up to $240 bonus!

Deposit with ACA, Wire, Pay with my bank

Invest for dividends and get payout on stocks on Ex-Dividend day

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Payment Methods:

Bank Transfer, Credit Card, Debit Card, PayPal, Wire Transfer

Full Regulations:

CySEC, FCA

77% of retail CFD accounts lose money.

Step 2. Make a deposit

Transfer money to your new account with your credit or debit card, a bank transfer, or an alternative payment method, like PayPal. The minimum deposit is £10.

Step 3. Buy Verizon shares

Search for Verizon using the ticker, VZ. Click the ‘trade’ button and enter the details of your investment, such as how many shares you want to buy or how much you want to spend. Hit ‘trade now’ to invest in Verizon and complete your purchase.

It’s as easy as that! You can buy Verizon shares in just 10-15 minutes and now you’re a Verizon shareholder.

Compare the best platforms to buy Verizon stock

Fundamental analysis of Verizon shares

What is Verizon’s total worth?

Verizon’s total net worth is $157.62 billion. This is its total market capitalisation, calculated by multiplying the number of shares outstanding on a stock exchange by the current share price.

How has Verizon’s share price performed in recent years?

The current Verizon stock price today is $37.53, which is 39.54% below its all time high of $62.07, which it reached on 20 December 2019. 

Overall, VZ is down 23.42% over the last five years. The VZ share price is down 6.46% in 2023 with a 52 week high of $55.51 and a 52 week low of $34.55.

What is Verizon’s EPS?

Verizon’s EPS is $1.57. EPS stands for earnings per share and is calculated by dividing Verizon’s net profit by the number of shares outstanding. It gives you an idea of how valuable a company is.

What is the Verizon P/E ratio?

Verizon’s P/E ratio is 7.42. The P/E, or price to earnings ratio, tells you how much you would have to pay per share for $1 of Verizon’s earnings. 

It is calculated by dividing the share price by the earnings per share. You can use Verizon’s earnings estimates to predict its future (or forward) P/E and set a target price you think the stock can reach.

What is Verizon’s dividend yield?

Verizon’s dividend yield is 6.95%. The dividend yield tells you how much of Verizon’s share price it gives back to shareholders in dividend payments every year.

Is Verizon stock a buy or sell?

The indicator below shows you live technical ratings for Verizon stock on time frames from one minute to one month. 

It tracks a selection of key technical indicators on live market data, including moving averages, relative strength index (RSI), oscillators, and momentum. 

This indicator should be used when you research Verizon to help you decide whether to buy Verizon shares. Past performance is no guarantee of future results. It is not investment advice or a recommendation from Invezz to buy this stock.

Is Verizon a good investment for me? 

The right answer is different for each person, so here is some information to help you decide whether to buy stocks in Verizon.

• Verizon is a defensive stock that doesn’t experience much volatility. Mobile phone companies produce steady revenue and are generally considered defensive investments, which maintain their value even in tough economic times. There’s less potential for growth, but you’re not likely to see your investment plunge in value either.
• Verizon has more than 140 million customers. This large customer base makes for steady and predictable revenues, which is what makes it such a popular defensive stock. There isn’t a lot of churn with people switching contracts to other providers, while contracts usually lock customers down for 12+ months.
• The company has spent a lot on 5G infrastructure. 5G is a disruptive technology that has forced all the major telecom companies to spend vast sums of money acquiring contracts and the infrastructure to provide 5G services. The competition to lead the way in the 5G era makes it expensive, and share prices are sensitive to new developments in that industry.
• Its two main telecom rivals are getting stronger. Verizon competes with AT&T and T-Mobile for customers. AT&T has recently shorn itself of its media arm and may have more money to invest in 5G, while T-Mobile already acquired Sprint, which has allowed it to offer a wider 5G network than either competitor.
• It pays a generous dividend that’s well above the S&P500 average. Verizon is popular with income investors who like to earn money through dividends. It has increased its dividend for the last 16 years in a row, and thanks to a lower share price its dividend yield is one of the highest available.
• Verizon carries a lot of debt which is becoming more expensive. Telecom companies have to constantly invest in infrastructure to keep their systems up to date, while also keeping prices low so they don’t lose customers to the competition. That usually means they must borrow money. Recent interest rate rises mean that refinancing debt is a lot more expensive and it may prove to be a drain on Verizon’s balance sheet.

It’s always a good idea to think about any potential risks there might be as well. Use this summary of Verizon’s pros and cons before you make a final decision on whether to buy Verizon stock.

Are there other ways to buy shares in Verizon?

Yes, you can invest in Verizon stock in a few different ways. One option is to buy stock in Verizon directly through an investment platform as laid out above, while another popular choice is to invest in a fund. 

Mutual funds provide instant diversification to your investment portfolio by investing in lots of companies at once. You can invest in a S&P500 index fund to get exposure to Verizon, or choose a 5G ETF.

Another option is to use a social copy trading platform, like eToro . Find a trader who you like and copy their Verizon trades directly to your own account. 

This can be a good investment strategy for beginners and a way to learn how to buy Verizon shares from someone with more experience.

What are the fees for investing in Verizon stock?

It depends on the stock broker. Some platforms charge a flat fee per trade, others charge a commission as a percentage of the total trade value each time you buy Verizon stocks.

Consider that there may be other costs to trading too. Other fees can include deposit and withdrawal fees, or inactivity fees if you don’t use your account for three months or more. 

These are the trading platforms that charge the lowest fees for buying stocks in Verizon.

Trading platform	Trading fees
eToro	$0
Skilling	$0
Capital.com	$0
Degiro	$0 (US) / £1.75 (UK)
AvaTrade	0.13% commission

How to sell Verizon stock

When you decide the time is right to sell and lock in some profit (or cut your losses), log into your broker account and navigate to your portfolio. 

From there, find your Verizon stock and you’ll see a ‘sell’ option next to it. Click that to set the details of the trade (you don’t have to sell all your stocks at once) and sell back to cash.

Should I buy Verizon stock now?

It’s your investing goals and style that define whether now is a good time to buy. The current Verizon stock price plays into it but ultimately it depends on your investment horizons.

• If you’re a short term trader: the goal is to make money by buying and selling stocks regularly to secure a profit or avoid a loss. That can mean trading hourly, daily, or weekly but the focus is always on the near future. Traders learn how to buy stocks in Verizon based on short term technical analysis and don’t hold shares for a long time, so any time can be a good time to buy VZ.

• If you’re a long term investor: you’re more interested in long term price appreciation than whether a stock is up or down on any given day. The important thing is finding a stock with a strong foundation where you think the share price will be up over a period of months or years. If you think Verizon’s fundamentals are solid then the best time to invest in Verizon stock is after a dip or a pullback in price.

Most new traders sit somewhere between these two positions. You don’t want to actively trade Verizon stock all hours of the day but you don’t want to wait years for a return either.

Either way, following VZ price news and analysis will help you decide when to dip your toe into the market.

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