Vereit Company Profile (NYSE:VER)

About Vereit (NYSE:VER)

Vereit logoVEREIT, Inc. is a full-service real estate operating company. The Company operates through two business segments: real estate investment (REI) segment and investment management segment, Cole Capital. As of December 31, 2016, through its REI segment, the Company owned and managed a portfolio of 4,142 retail, restaurant, office and industrial real estate properties with an aggregate of 93.3 million square feet, which are located in 49 states, Puerto Rico and Canada. Through its Cole Capital segment, the Company is responsible for raising capital for and managing the affairs of certain non-listed real estate investment trusts (the Cole REITs) on a day-to-day basis, identifying and making acquisitions and investments on the Cole REITs' behalf. The Cole Capital segment sponsors and manages direct investment real estate programs, which primarily include over four publicly registered, non-traded REITs.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: N/A
  • Sub-Industry: N/A
  • Symbol: NYSE:VER
  • CUSIP: N/A
  • Web:
  • Market Cap: $7.96 billion
  • Outstanding Shares: 973,890,000
Average Prices:
  • 50 Day Moving Avg: $8.25
  • 200 Day Moving Avg: $8.46
  • 52 Week Range: $7.44 - $11.09
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -408.50
  • P/E Growth: -80.40
Sales & Book Value:
  • Annual Revenue: $1.43 billion
  • Price / Sales: 5.56
  • Book Value: $8.53 per share
  • Price / Book: 0.96
  • Annual Dividend: $0.55
  • Dividend Yield: 7.1%
  • EBIDTA: $1.14 billion
  • Net Margins: -18.02%
  • Return on Equity: -3.12%
  • Return on Assets: -1.58%
  • Debt-to-Equity Ratio: 0.63%
  • Current Ratio: 0.47%
  • Quick Ratio: 0.47%
  • Average Volume: 7.60 million shs.
  • Beta: 0.64
  • Short Ratio: 1.67

Frequently Asked Questions for Vereit (NYSE:VER)

What is Vereit's stock symbol?

Vereit trades on the New York Stock Exchange (NYSE) under the ticker symbol "VER."

How often does Vereit pay dividends? What is the dividend yield for Vereit?

Vereit declared a quarterly dividend on Friday, May 5th. Shareholders of record on Friday, June 30th will be paid a dividend of $0.1375 per share on Monday, July 17th. This represents a $0.55 dividend on an annualized basis and a yield of 6.73%. The ex-dividend date of this dividend is Wednesday, June 28th. View Vereit's Dividend History.

How were Vereit's earnings last quarter?

Vereit Inc (NYSE:VER) posted its quarterly earnings data on Thursday, May, 4th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.01. The firm earned $348.03 million during the quarter, compared to analyst estimates of $297.94 million. Vereit had a negative net margin of 18.02% and a negative return on equity of 3.12%. Vereit's revenue for the quarter was down 5.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.21 earnings per share. View Vereit's Earnings History.

When will Vereit make its next earnings announcement?

Vereit is scheduled to release their next quarterly earnings announcement on Tuesday, August, 1st 2017. View Earnings Estimates for Vereit.

Where is Vereit's stock going? Where will Vereit's stock price be in 2017?

8 brokerages have issued 1-year target prices for Vereit's shares. Their forecasts range from $9.00 to $11.00. On average, they expect Vereit's stock price to reach $9.88 in the next year. View Analyst Ratings for Vereit.

Who are some of Vereit's key competitors?

Who owns Vereit stock?

Vereit's stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (16.02%), BlackRock Inc. (7.89%), FMR LLC (7.50%), CI Investments Inc. (2.50%), Glenview Capital Management LLC (1.74%) and Lasalle Investment Management Securities LLC (1.66%). Company insiders that own Vereit stock include Glenn J Rufrano, Hugh R Frater, Julie Richardson, Michael J Bartolotta, Paul H Mcdowell, Thomas W Roberts and William Craig Jr Miller. View Institutional Ownership Trends for Vereit.

Who sold Vereit stock? Who is selling Vereit stock?

Vereit's stock was sold by a variety of institutional investors in the last quarter, including CI Investments Inc., FMR LLC, Bank of Montreal Can, Janus Capital Management LLC, TD Asset Management Inc., Glenview Capital Management LLC, Korea Investment CORP and Teacher Retirement System of Texas. View Insider Buying and Selling for Vereit.

Who bought Vereit stock? Who is buying Vereit stock?

Vereit's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Lasalle Investment Management Securities LLC, Canada Pension Plan Investment Board, Vanguard Group Inc., Morgan Stanley, Gruss Capital Management LP, Park West Asset Management LLC and Lakewood Capital Management LP. Company insiders that have bought Vereit stock in the last two years include Glenn J Rufrano, Hugh R Frater, Julie Richardson, Michael J Bartolotta, Paul H Mcdowell, Thomas W Roberts and William Craig Jr Miller. View Insider Buying and Selling for Vereit.

How do I buy Vereit stock?

Shares of Vereit can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Vereit stock cost?

One share of Vereit stock can currently be purchased for approximately $8.17.

Analyst Ratings

Consensus Ratings for Vereit (NYSE:VER) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $9.88 (20.87% upside)

Analysts' Ratings History for Vereit (NYSE:VER)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/15/2017Evercore ISIUpgradeOutperform$9.00LowView Rating Details
3/22/2017BMO Capital MarketsSet Price TargetBuy$10.00MediumView Rating Details
1/9/2017JMP SecuritiesUpgradeMarket Perform -> OutperformN/AView Rating Details
12/16/2016JPMorgan Chase & Co.UpgradeNeutral -> Overweight$11.00N/AView Rating Details
12/5/2016Bank of America CorpDowngradeNeutral -> UnderperformN/AView Rating Details
11/10/2016DA DavidsonReiterated RatingHoldN/AView Rating Details
10/13/2016MizuhoInitiated CoverageNeutral$9.50N/AView Rating Details
8/5/2016Capital One Financial Corp.UpgradeEqual Weight -> OverweightN/AView Rating Details
5/16/2016Oppenheimer Holdings Inc.Reiterated RatingHoldN/AView Rating Details
3/28/2016Goldman Sachs Group IncReiterated RatingBuy$9.50N/AView Rating Details
(Data available from 5/25/2015 forward)


Earnings History for Vereit (NYSE:VER)
Earnings by Quarter for Vereit (NYSE:VER)
Earnings History by Quarter for Vereit (NYSE:VER)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/4/2017Q1 2017$0.18$0.19$297.94 million$348.03 millionViewListenView Earnings Details
2/23/2017Q416($0.01)$0.17$309.69 million$351.87 millionViewN/AView Earnings Details
11/2/2016Q316$0.19$0.20$320.29 million$362.90 millionViewN/AView Earnings Details
8/4/2016Q216$0.19$0.19$323.34 million$371.00 millionViewN/AView Earnings Details
5/5/2016Q116$0.20$0.21$328.93 million$369.00 millionViewN/AView Earnings Details
2/24/2016Q415$0.20$0.20$351.17 million$383.40 millionViewListenView Earnings Details
11/5/2015Q315$0.21$0.21$361.42 million$385.00 millionViewN/AView Earnings Details
8/6/2015Q2$0.21$0.22$355.09 million$393.70 millionViewN/AView Earnings Details
5/7/2015Q115$0.23$0.22$365.65 million$394.00 millionViewN/AView Earnings Details
3/30/2015Q414$0.24$0.22$391.00 million$418.80 millionViewN/AView Earnings Details
3/2/2015$0.25$0.26$457.12 millionViewN/AView Earnings Details
7/29/2014Q214$0.23$0.24$311.90 million$382.00 millionViewN/AView Earnings Details
5/8/2014Q114$0.29$0.26$277.97 million$320.60 millionViewN/AView Earnings Details
2/27/2014Q413$0.23$0.25$84.30 million$94.10 millionViewN/AView Earnings Details
11/7/2013Q313$0.19$0.21$51.60 million$60.90 millionViewN/AView Earnings Details
8/6/2013Q2 2013$0.19$0.23$41.24 million$45.00 millionViewN/AView Earnings Details
5/6/20131Q13$0.17($0.90)$5.40 millionViewN/AView Earnings Details
2/28/2013Q412$0.23$0.28$5.22 million$5.60 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Vereit (NYSE:VER)
2017 EPS Consensus Estimate: $0.72
2018 EPS Consensus Estimate: $0.76
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.17$0.18$0.18
Q2 20173$0.18$0.18$0.18
Q3 20173$0.18$0.18$0.18
Q4 20173$0.18$0.20$0.19
Q1 20182$0.18$0.19$0.19
Q2 20182$0.18$0.20$0.19
Q3 20182$0.19$0.20$0.20
Q4 20182$0.19$0.19$0.19
(Data provided by Zacks Investment Research)


Current Dividend Information for Vereit (NYSE:VER)
Next Dividend:7/17/2017
Annual Dividend:$0.55
Dividend Yield:6.73%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-141.02% (Trailing 12 Months of Earnings)
-2,750.00% (Based on This Year's Estimates)
-2,750.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Vereit (NYSE:VER)

Dividend History by Quarter for Vereit (NYSE:VER)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/21/2014dec 14$0.0811.12%12/4/201412/8/201412/15/2014
9/19/2014oct 14$0.0810/8/201410/15/2014
8/20/2014sep 14$0.087.52%9/4/20149/8/20149/15/2014
1/24/2014feb 14$0.082/5/20142/7/20142/14/2014
10/30/2013nov 13$0.0811/8/201311/15/2013
8/27/2013sep 13$0.089/8/20139/15/2013
7/29/2013aug 13$0.088/8/20138/15/2013
5/30/2013jun 13$0.086/8/20136/15/2013
3/26/2013apr 13$0.084/8/20134/15/2013
2/26/2013mar 13$0.083/8/20133/15/2013
1/28/2013feb 13$0.072/8/20132/15/2013
12/27/2012jan 13$0.071/8/20131/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Vereit (NYSE:VER)
Insider Ownership Percentage: 0.09%
Institutional Ownership Percentage: 82.54%
Insider Trades by Quarter for Vereit (NYSE:VER)
Institutional Ownership by Quarter for Vereit (NYSE:VER)
Insider Trades by Quarter for Vereit (NYSE:VER)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/22/2017William Craig Jr. MillerInsiderBuy12,725$7.86$100,018.50View SEC Filing  
5/17/2017Paul H McdowellInsiderBuy7,000$7.51$52,570.00View SEC Filing  
5/16/2017Julie RichardsonDirectorBuy15,000$7.46$111,900.00View SEC Filing  
5/15/2017Thomas W RobertsInsiderBuy15,000$7.60$114,000.00View SEC Filing  
5/8/2017Glenn J RufranoCEOBuy32,000$7.81$249,920.00View SEC Filing  
5/5/2017Hugh R FraterInsiderBuy10,000$7.81$78,100.00View SEC Filing  
6/8/2016Thomas W RobertsInsiderSell100,000$9.82$982,000.00View SEC Filing  
11/10/2015Michael J BartolottaInsiderBuy30,500$8.06$245,830.00View SEC Filing  
9/11/2015Hugh R FraterDirectorBuy31,000$7.91$245,210.00View SEC Filing  
8/25/2015Hugh R FraterDirectorBuy31,000$8.04$249,240.00View SEC Filing  
8/24/2015Glenn J RufranoCEOBuy120,000$8.19$982,800.00View SEC Filing  
7/11/2014William G StanleyDirectorBuy10,000$12.66$126,600.00View SEC Filing  
6/25/2014Richard A SilfenEVPBuy4,850$12.34$59,849.00View SEC Filing  
6/25/2014William G StanleyDirectorBuy18,000$12.39$223,020.00View SEC Filing  
6/11/2014Richard A SilfenEVPBuy7,500$11.80$88,500.00View SEC Filing  
5/21/2014Scott BowmanDirectorBuy10,000$12.27$122,700.00View SEC Filing  
5/16/2014Scott BowmanDirectorBuy10,000$13.08$130,800.00View SEC Filing  
4/21/2014Edward Jr. WeilDirectorBuy7,500$13.28$99,600.00View SEC Filing  
3/28/2014Edward Jr. WeilDirectorBuy10,000$13.80$138,000.00View SEC Filing  
3/28/2014Lisa BeesonCOOBuy3,500$13.88$48,580.00View SEC Filing  
3/27/2014Brian BlockCFOBuy20,000$13.80$276,000.00View SEC Filing  
3/27/2014David KayPresidentBuy15,000$13.78$206,700.00View SEC Filing  
3/27/2014Nicholas SchorschCEOBuy50,000$13.78$689,000.00View SEC Filing  
3/27/2014William KahaneDirectorBuy25,000$13.78$344,500.00View SEC Filing  
1/17/2014Leslie MichelsonDirectorBuy6,900$13.53$93,357.00View SEC Filing  
12/30/2013Scott BowmanDirectorBuy10,000$12.75$127,500.00View SEC Filing  
11/18/2013Lisa BeesonCOOBuy7,500$13.19$98,925.00View SEC Filing  
11/18/2013Peter BudkoEVPBuy20,000$13.18$263,600.00View SEC Filing  
11/15/2013Edward Jr. WeilInsiderBuy15,000$13.24$198,600.00View SEC Filing  
11/15/2013Nicholas SchorschCEOBuy30,000$13.24$397,200.00View SEC Filing  
8/20/2013Brian JonesCOOBuy5,000$13.05$65,250.00View SEC Filing  
8/9/2013Brian BlockCFOBuy25,000$13.73$343,250.00View SEC Filing  
8/9/2013Peter BudkoEVPBuy50,000$13.73$686,500.00View SEC Filing  
4/11/2013Brian D JonesCOOBuy3,000$15.56$46,680.00View SEC Filing  
4/11/2013Brian S BlockCFOBuy10,000$15.69$156,900.00View SEC Filing  
4/11/2013Nicholas S SchorschCEOBuy30,000$15.69$470,700.00View SEC Filing  
4/11/2013Peter M BudkoEVPBuy30,001$15.69$470,715.69View SEC Filing  
3/4/2013Brian D JonesCOOBuy2,000$12.64$25,280.00View SEC Filing  
3/4/2013Edward M Jr. WeilInsiderBuy7,800$12.82$99,996.00View SEC Filing  
3/4/2013William M KahaneDirectorBuy50,000$12.56$628,000.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Vereit (NYSE:VER)
Latest Headlines for Vereit (NYSE:VER)
DateHeadline logoVereit Inc (VER) Insider William Craig Jr. Miller Buys 12,725 Shares - May 23 at 8:18 PM logoHas VEREIT Hit Bottom? - Seeking Alpha - May 23 at 8:24 AM logoVEREIT, Inc.: Risk Is Greatly Overstated - May 22 at 7:33 PM logoVEREIT® Recognizes Top Leasing Brokers at ICSC RECon 2017 Special Event - May 22 at 8:17 AM logoVereit Inc (VER) Insider Paul H. Mcdowell Acquires 7,000 Shares - May 18 at 8:32 PM logoVereit Inc (VER) Director Buys $111,900.00 in Stock - May 17 at 8:11 PM logoVEREIT, Inc. Announces $200 Million Share Repurchase Program - PR Newswire (press release) - May 17 at 11:04 AM logoInsiders Buy the Holdings of VONV ETF - May 16 at 9:52 PM logoVereit Inc (VER) Insider Thomas W. Roberts Buys 15,000 Shares - May 16 at 8:23 PM logoVereit Inc (VER) Given Average Recommendation of "Hold" by Analysts - May 16 at 8:42 AM logoVEREIT, Inc. Announces $200 Million Share Repurchase Program - May 15 at 8:38 AM logoVereit Inc Forecasted to Earn Q2 2018 Earnings of $0.18 Per Share (VER) - May 11 at 2:14 PM logoVereit Inc (VER) Upgraded at Zacks Investment Research - May 10 at 10:36 PM logoVEREIT® Announces Monthly Series F Preferred Stock Dividend for July 2017 through September 2017 - May 9 at 7:59 PM logoInsider Buying: Vereit Inc (VER) Insider Buys 10,000 Shares of Stock - May 8 at 8:23 PM logoVereit Inc (VER) CEO Glenn J. Rufrano Acquires 32,000 Shares - May 8 at 7:56 PM logoVereit Inc (VER) Upgraded to Outperform at Evercore ISI - May 6 at 2:40 PM logoVEREIT® Announces First Quarter 2017 Operating Results - PR Newswire (press release) - May 6 at 8:06 AM logoVereit Inc Announces Quarterly Dividend of $0.14 (VER) - May 5 at 7:08 PM logoVereit tops by a penny as it cuts debt further - Seeking Alpha - May 5 at 3:13 AM logoVEREIT® Announces First Quarter 2017 Operating Results - Yahoo Finance - May 5 at 3:13 AM logoEdited Transcript of VER earnings conference call or presentation 4-May-17 5:00pm GMT - May 5 at 3:13 AM logoVereit Inc (VER) Issues Earnings Results - May 4 at 5:54 PM logoVEREIT® Announces First Quarter 2017 Operating Results - May 4 at 9:53 AM logoVereit reports 1Q results - May 4 at 6:49 AM logo$0.18 Earnings Per Share Expected for Vereit Inc (VER) This Quarter - May 4 at 1:27 AM logoVereit Inc (VER) Expected to Announce Quarterly Sales of $306.49 Million - May 4 at 1:19 AM logoVereit (VER) Earning Somewhat Favorable Media Coverage, Analysis Shows - May 3 at 8:12 PM logoVEREIT is Now Oversold (VER) - May 3 at 6:49 PM logoVereit Inc (VER) to Release Quarterly Earnings on Thursday - May 2 at 2:42 PM logoETFs with exposure to VEREIT, Inc. : May 1, 2017 - May 1 at 7:38 PM logo$306.49 Million in Sales Expected for Vereit Inc (VER) This Quarter - April 30 at 9:53 AM logoVereit (VER) Given News Sentiment Rating of -0.12 - April 30 at 8:10 AM logoAmerican Realty ex-CFO loses bid to dismiss fraud indictment - April 29 at 12:40 AM logo$0.18 EPS Expected for Vereit Inc (VER) This Quarter - April 28 at 7:47 AM logoVereit (VER) Receiving Somewhat Positive News Coverage, Report Shows - April 27 at 12:02 PM logoVEREIT, Inc. breached its 50 day moving average in a Bearish Manner : VER-US : April 26, 2017 - April 26 at 5:04 PM logoVereit Inc (VER) Research Coverage Started at Evercore ISI - April 26 at 9:57 AM logoVereit (VER) Receives News Impact Score of 0.12 - April 24 at 12:35 PM logoREIT Stocks on Investors' Radar -- Annaly Capital, VEREIT, Cousins Properties, and Spirit Realty - PR Newswire (press release) - April 21 at 8:36 PM logoVereit (VER) Receiving Positive Media Coverage, Analysis Finds - April 21 at 8:00 PM logoREIT Stocks on Investors' Radar -- Annaly Capital, VEREIT, Cousins Properties, and Spirit Realty - April 21 at 9:22 AM logoQ1 2017 Earnings Forecast for Vereit Inc (VER) Issued By Capital One Financial Corp. - April 19 at 7:21 AM logoVEREIT Operating Partnership, L.P. -- Moody's Upgrades VEREIT's Debt Rating to Baa3; outlook stable - April 18 at 7:38 PM logoQ1 2018 Earnings Estimate for Vereit Inc (VER) Issued By Capital One Financial Corp. - April 18 at 4:30 PM logoVereit (VER) Given Daily News Impact Score of 0.33 - April 18 at 1:20 PM logoETFs with exposure to VEREIT, Inc. : April 17, 2017 - April 17 at 7:19 PM logoVereit (VER) Getting Somewhat Critical News Coverage, Study Finds - April 15 at 8:09 AM logoVereit Inc (VER) Expected to Post Quarterly Sales of $306.49 Million - April 9 at 10:28 AM logoZacks: Analysts Expect Vereit Inc (VER) to Announce $0.18 Earnings Per Share - April 7 at 8:21 PM



Vereit (VER) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by Staff