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. Shareholders 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 annualized dividend and a yield of 5.69%. The ex-dividend date of this dividend is Monday, December 30th. View Vereit's Dividend History.

Vereit Inc (NYSE:VER) released its quarterly earnings results on Wednesday, November, 6th. The financial services provider reported ($0.76) earnings per share for the quarter, missing the consensus estimate of $0.17 by $0.93. The financial services provider earned $302.99 million during the quarter, compared to analysts' expectations of $306.69 million. Vereit had a negative return on equity of 4.76% and a negative net margin of 27.65%. The firm's quarterly revenue was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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 updated 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 estimate of $0.69.

7 brokers have issued 1-year price objectives for Vereit's shares. 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.

Media coverage about VER stock has trended somewhat positive recently, according to InfoTrie. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Vereit earned a daily sentiment score of 0.6 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 media coverage is extremely unlikely to have an effect on the stock's share price in the near term. 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 WP Carey (WPC).

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 a variety of of institutional and retail investors. Top institutional investors 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 bought by a variety of institutional investors in the last quarter, including Exchange Traded Concepts LLC, State of Alaska Department of Revenue and Alpine Global Management 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]