VERBUND AG

WBAG:VER Stock Report

Market Cap: €20.9b

VERBUND Dividends and Buybacks

Dividend criteria checks 3/6

VERBUND is a dividend paying company with a current yield of 3.33% that is well covered by earnings.

Key information

3.3%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield2.6%
Dividend Growth23.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio51%

Recent dividend and buyback updates

Recent updates

Narrative Update May 24

VER: Softer Margins And Dividend Policy Will Shape Future Risk Reward Balance

Narrative update on VERBUND The analyst price target for VERBUND has been cut by €1.45, with recent reductions toward about €56. This reflects analysts' focus on softer profit margin expectations, a slightly higher discount rate, and more conservative P/E assumptions, despite a less steep projected revenue decline.
Narrative Update May 07

VER: Richer Future P/E And Margin Reset Will Pressure Overvalued Shares

The updated analyst price target for VERBUND moves slightly lower to €53.90. Analysts point to a higher discount rate, softer margin assumptions and a richer future P/E multiple as key drivers behind the recent series of target cuts and downgrades.
Narrative Update Apr 23

VER: 2026 Earnings Guidance And Dividend Will Support Upside Potential

Analysts have reduced their average price target on VERBUND by around €0.20. This reflects slightly softer assumptions for long term fair value and earnings power following recent target cuts and downgrades from several research houses.
Narrative Update Apr 08

VER: Dividend Outlook And 2026 Guidance Will Support Upside Despite Cautious Margins

Analysts have trimmed VERBUND's fair value estimate by about €0.53 per share. This reflects slightly softer profit margin assumptions and a series of recent price target cuts and downgrades, while revenue growth expectations and future P/E assumptions remain largely unchanged.
Narrative Update Mar 25

VER: Future Earnings Delivery And Dividend Payout Will Shape Balanced Market View

VERBUND’s analyst fair value estimate has been trimmed by about €0.53 to €61.63 as analysts factor in more cautious revenue and margin assumptions, alongside recent price target downgrades. At the same time, some targets, such as Deutsche Bank’s move to €56, have edged slightly higher.
Narrative Update Mar 09

VER: Future Earnings Quality And Execution Will Shape Balanced Market View

Analysts have trimmed their fair value estimate for VERBUND by about €1.73 to roughly €62.17, reflecting updated views on slightly softer revenue trends, thinner profit margins and a modestly lower future P/E expectation. Recent Street research has shown mixed moves in price targets, including Deutsche Bank's €1 increase and Berenberg's €5 reduction.
Narrative Update Feb 23

VER: Special Dividend Proposal Will Support Upside Despite More Cautious Outlook

Analysts have trimmed their fair value estimate for VERBUND from about €78.84 to roughly €77.35. They cite slightly higher discount rate assumptions, softer revenue expectations, and a modestly lower profit margin outlook, while keeping future P/E assumptions broadly in line.
Analysis Article Feb 11

There's Been No Shortage Of Growth Recently For VERBUND's (VIE:VER) Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Narrative Update Feb 08

VER: Special Dividend And Adjusted Assumptions Will Shape Measured Future P/E Outlook

Analysts have reduced their price target on VERBUND by €5, reflecting updated assumptions around discount rates, revenue expectations and profit margins, while keeping their fair value estimate steady at €56.00. Analyst Commentary Bearish analysts cutting their price targets by €5 while holding a fair value estimate of €56.00 are signaling that they see less upside in the current share price than before, even if their long term view on intrinsic value is unchanged.
Narrative Update Jan 23

VER: Special Dividend Will Offset Cautious Stance On Future P/E

Analysts have trimmed their price targets on VERBUND by €5, reflecting updated views on revenue trends, profit margins and future P/E assumptions. Analyst Commentary Bearish analysts cutting their price targets on VERBUND by €5 are signalling a more cautious stance on the shares, particularly around how current earnings and valuation stack up against updated assumptions.
Analysis Article Jan 15

A Look At The Intrinsic Value Of VERBUND AG (VIE:VER)

Key Insights The projected fair value for VERBUND is €66.71 based on 2 Stage Free Cash Flow to Equity Current share...
Narrative Update Jan 09

VER: Special Dividend Plan Will Highlight Stronger Margins And Supportive Outlook

Analysts have trimmed their price target on VERBUND by about €1.83, reflecting updated views that combine a softer revenue outlook with higher projected profit margins and a lower future P/E multiple. What's in the News The Executive Board plans to propose a special dividend of €1.15 per share for the 2025 financial year, in addition to the regular dividend, at the 2026 Annual General Meeting.
Narrative Update Dec 26

VER: Hold Upgrades Will Limit Future Upside Despite Special Dividend

Analysts have modestly raised their price target on VERBUND to EUR 60, citing recent upgrades to Hold and a more balanced view of revenue growth and profitability despite only minor model assumption changes. Analyst Commentary Recent rating actions reflect a shift from a clearly negative stance toward a more neutral positioning, with upgrades to Hold accompanied by price targets in the EUR 60 to EUR 64.40 range.
Narrative Update Dec 12

VER: Fair Outlook Will Balance Hold Upgrades And Special Dividend Expectations

Analysts have modestly increased their price target on VERBUND to EUR 56.0 from EUR 55.3. This reflects a slightly higher fair value driven by improving margin expectations and recent rating upgrades to Hold across the Street. Analyst Commentary Recent Street research signals a shift from overtly negative stances toward a more neutral, wait and see posture, with multiple bearish analysts moving their recommendations up to Hold while still flagging downside risks to earnings and valuation.
Analysis Article Dec 01

These 4 Measures Indicate That VERBUND (VIE:VER) Is Using Debt Reasonably Well

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Oct 26

There Is A Reason VERBUND AG's (VIE:VER) Price Is Undemanding

When close to half the companies in Austria have price-to-earnings ratios (or "P/E's") above 16x, you may consider...
Analysis Article Oct 05

A Look At The Fair Value Of VERBUND AG (VIE:VER)

Key Insights The projected fair value for VERBUND is €65.01 based on 2 Stage Free Cash Flow to Equity VERBUND's €63.00...
Narrative Update Sep 13

Limberg III And Spanish Solar Farms Will Face Revenue Risks

With VERBUND's future P/E and net profit margin remaining essentially stable, analysts see little change in fundamentals, resulting in only a marginal decrease in the consensus price target from €64.40 to €63.90. Valuation Changes Summary of Valuation Changes for VERBUND The Consensus Analyst Price Target remained effectively unchanged, moving only marginally from €64.40 to €63.90.
Analysis Article Aug 18

Returns At VERBUND (VIE:VER) Are On The Way Up

WBAG:VER 1 Year Share Price vs Fair Value Explore VERBUND's Fair Values from the Community and select yours If you're...
Analysis Article Jul 31

These 4 Measures Indicate That VERBUND (VIE:VER) Is Using Debt Reasonably Well

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Jun 26

Estimating The Fair Value Of VERBUND AG (VIE:VER)

Key Insights The projected fair value for VERBUND is €57.86 based on 2 Stage Free Cash Flow to Equity VERBUND's €64.80...
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New Narrative Nov 10

Austrian Renewable Ambitions Clash With Declining Profits And Mounting Debt

Significant capital investment in hydropower and renewables may impact revenue growth due to high initial costs before returns materialize.

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: VER's dividend payments have been volatile in the past 10 years.

Growing Dividend: VER's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

VERBUND Dividend Yield vs Market
How does VER dividend yield compare to the market?
SegmentDividend Yield
Company (VER)3.3%
Market Bottom 25% (AT)2.0%
Market Top 25% (AT)4.1%
Industry Average (Electric Utilities)3.7%
Analyst forecast (VER) (up to 3 years)2.6%

Notable Dividend: VER's dividend (3.33%) is higher than the bottom 25% of dividend payers in the Austrian market (1.97%).

High Dividend: VER's dividend (3.33%) is low compared to the top 25% of dividend payers in the Austrian market (4.14%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (51%), VER's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (166.8%), VER's dividend payments are not well covered by cash flows.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/25 08:37
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

VERBUND AG is covered by 27 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Monica GirardiBarclays
Peter CramptonBarclays
Andrew FisherBerenberg