NYSE:VER

VEREIT (VER) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$50.20
$51.64
50-Day Range
$45.23
$52.16
52-Week Range
$30.20
$52.53
Volume
29.65 million shs
Average Volume
2.04 million shs
Market Capitalization
$11.53 billion
P/E Ratio
50.30
Dividend Yield
3.68%
Price Target
N/A
VER stock logo

About VEREIT Stock (NYSE:VER)

VEREIT, Inc. operates as a real estate investment trust, which provides real estate investment services. It owns and manages the portfolios of single-tenant commercial properties in the U.S. The company operates through the following segments: Real Estate Investment and Cole Capital. The Real Estate Investment segment acquires, owns and operates single tenant, freestanding, commercial real estate properties, primarily subject to long term net leases with high credit quality tenants. The Cole Capital segment engages in raising capital for and managing the affairs of certain non-traded real estate investment trusts. VEREIT was founded on December 2, 2010 and is headquartered in Phoenix, AZ.

VER Stock News Headlines

Very Bad News For Realty Income
Omaha building permits for March 3
“The Biggest Bubble of All Time” – Here’s What to Do.
Despite AI's incredible run-up in 2023, we're getting some conflicting messages. Analysts at JP Morgan warn that an "AI-driven bubble" could drag the entire stock market down. Folks at Morgan Stanley say AI hysteria is creating conditions like the dot-com collapse. Even AI leaders (the people who benefit the most!) are getting worried.
Lesson Learned: Scale Has Its Advantages
It's All About The Catalysts
The Virtuous Cycle: Why I Love 'Expensive' REITs
“The Biggest Bubble of All Time” – Here’s What to Do.
Despite AI's incredible run-up in 2023, we're getting some conflicting messages. Analysts at JP Morgan warn that an "AI-driven bubble" could drag the entire stock market down. Folks at Morgan Stanley say AI hysteria is creating conditions like the dot-com collapse. Even AI leaders (the people who benefit the most!) are getting worried.
3 Safe Monthly Dividend Stocks
Get An Income Boost From This Popular REIT
VEREIT CEO Says Turnaround Plan Is Succeeding
See More Headlines
Receive VER Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for VEREIT and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
10/28/2021
Today
4/25/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real Estate Investment Trusts
Sub-Industry
N/A
Fax
N/A
Employees
160
Year Founded
N/A

Profitability

Net Income
$201.13 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$1.16 billion
Cash Flow
$3.24 per share
Book Value
$31.20 per share

Miscellaneous

Free Float
N/A
Market Cap
$11.53 billion
Optionable
Optionable
Beta
1.13
Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report

Key Executives

  • Glenn J. RufranoGlenn J. Rufrano
    Chief Executive Officer & Director
  • Paul H. McDowell
    Chief Operating Officer & Executive Vice President
  • Michael J. Bartolotta
    Chief Financial Officer, Treasurer & Executive VP
  • Thomas W. Roberts
    Chief Investment Officer & Executive VP
  • Lauren Goldberg
    Secretary, Executive VP & General Counsel

VER Stock Analysis - Frequently Asked Questions

How were VEREIT's earnings last quarter?

VEREIT, Inc. (NYSE:VER) released its earnings results on Thursday, October, 28th. The financial services provider reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.33 by $0.08. The financial services provider had revenue of $289.67 million for the quarter, compared to analysts' expectations of $295.90 million. VEREIT had a trailing twelve-month return on equity of 3.87% and a net margin of 22.20%. The firm's revenue for the quarter was down 1.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.15 EPS.

Is VEREIT a good dividend stock?

VEREIT (NYSE:VER) pays an annual dividend of $1.85 per share and currently has a dividend yield of 3.68%. The dividend payout ratio is 59.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VER will have a dividend payout ratio of 54.57% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VER.

When did VEREIT's stock split?

Shares of VEREIT reverse split on the morning of Friday, December 18th 2020. The 1-5 reverse split was announced on Thursday, November 5th 2020. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, December 17th 2020. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

What is Glenn Rufrano's approval rating as VEREIT's CEO?

19 employees have rated VEREIT Chief Executive Officer Glenn Rufrano on Glassdoor.com. Glenn Rufrano has an approval rating of 71% among the company's employees.

What other stocks do shareholders of VEREIT own?

Based on aggregate information from My MarketBeat watchlists, some companies that other VEREIT investors own include OPKO Health (OPK), AT&T (T), Vuzix (VUZI), Annaly Capital Management (NLY), Realty Income (O), Ford Motor (F), Verizon Communications (VZ), New Residential Investment (NRZ), Gilead Sciences (GILD) and Two Harbors Investment (TWO).

This page (NYSE:VER) was last updated on 4/25/2024 by MarketBeat.com Staff

From Our Partners