NYSE:VER - Vereit Stock Price, Forecast & News

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

Vereit announced a quarterly dividend on Tuesday, November 5th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.138 per share on Wednesday, January 15th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 5.69%. The ex-dividend date is Monday, December 30th. View Vereit's Dividend History.

Vereit Inc (NYSE:VER) released its earnings results on Wednesday, November, 6th. The financial services provider reported ($0.76) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by $0.93. The financial services provider had revenue of $302.99 million for the quarter, compared to the consensus estimate of $306.69 million. Vereit had a negative net margin of 27.65% and a negative return on equity of 4.76%. The firm's revenue for the quarter was down 3.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.18 EPS. View Vereit's Earnings History.

Vereit is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Vereit.

Vereit issued an update on its FY19 earnings guidance on Wednesday, November, 6th. The company provided EPS guidance of $0.68-0.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.69.

7 brokers have issued 12-month target prices for Vereit's stock. Their forecasts range from $9.00 to $11.00. On average, they expect Vereit's share price to reach $9.93 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price. View Analyst Price Targets for Vereit.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vereit in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Vereit.

News headlines about VER stock have trended very negative recently, according to InfoTrie. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Vereit earned a news impact score of -3.6 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Vereit.

Some companies that are related to Vereit include Public Storage (PSA), Welltower (WELL), Equity Residential (EQR), AvalonBay Communities (AVB), SBA Communications (SBAC), DIGITAL RLTY TR/SH (DLR), Realty Income (O), Weyerhaeuser (WY), Ventas (VTR), Boston Properties (BXP), Essex Property Trust (ESS), Alexandria Real Estate Equities (ARE), HCP (HCP), Mid-America Apartment Communities (MAA) and Sun Communities (SUI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Vereit investors own include Opko Health (OPK), Vuzix (VUZI), Realty Income (O), AT&T (T), Virtu Financial (VIRT), General Electric (GE), Verizon Communications (VZ), ANNALY CAP MGMT/SH (NLY), Kinder Morgan (KMI) and Ford Motor (F).

Vereit's stock is owned by many different of retail and institutional investors. Top institutional shareholders include PGGM Investments (0.22%), Zurcher Kantonalbank Zurich Cantonalbank (0.13%), Goodwin Daniel L (0.08%), Manning & Napier Group LLC (0.06%), Nisa Investment Advisors LLC (0.04%) and Exchange Traded Concepts LLC (0.03%). Company insiders that own Vereit stock include Gavin Brandon and Thomas W Roberts. View Institutional Ownership Trends for Vereit.

VER stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, First Hawaiian Bank, DNB Asset Management AS, Nisa Investment Advisors LLC, CenturyLink Investment Management Co, Zurcher Kantonalbank Zurich Cantonalbank, AE Wealth Management LLC and Goodwin Daniel L. View Insider Buying and Selling for Vereit.

VER stock was purchased by a variety of institutional investors in the last quarter, including Exchange Traded Concepts LLC, State of Alaska Department of Revenue, Alpine Global Management LLC, Campbell & CO Investment Adviser LLC and Patriot Financial Group Insurance Agency LLC. View Insider Buying and Selling for Vereit.

Shares of VER can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of VER stock can currently be purchased for approximately $9.70.

Vereit has a market capitalization of $10.35 billion and generates $1.26 billion in revenue each year. The financial services provider earns $-85,770,000.00 in net income (profit) each year or $0.72 on an earnings per share basis. Vereit employs 180 workers across the globe.View Additional Information About Vereit.

The official website for Vereit is http://www.vereit.com/.

Vereit's mailing address is 2325 E. CAMELBACK ROAD 9TH FLOOR, PHOENIX AZ, 85016. The financial services provider can be reached via phone at 800-606-3610 or via email at [email protected]