NYSE:VER

VEREIT Stock Forecast, Price & News

$48.02
-0.07 (-0.15 %)
(As of 09/16/2021 04:15 PM ET)
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Today's Range
$47.81
$48.39
50-Day Range
$46.82
$50.89
52-Week Range
$30.05
$50.97
Volume726,051 shs
Average Volume1.82 million shs
Market Capitalization$11.00 billion
P/E Ratio48.02
Dividend Yield3.85%
Beta1.13
30 days | 90 days | 365 days | Advanced Chart
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VEREIT logo

About VEREIT

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.

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MarketRank

Overall MarketRank

2.11 out of 5 stars

Finance Sector

559th out of 1,329 stocks

Real Estate Investment Trusts Industry

134th out of 219 stocks

Analyst Opinion: 0.9Community Rank: 4.0Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
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VEREIT (NYSE:VER) Frequently Asked Questions

Is VEREIT a buy right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for VEREIT in the last year. There are currently 1 sell rating and 6 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" VEREIT stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VER, but not buy additional shares or sell existing shares.
View analyst ratings for VEREIT
or view top-rated stocks.

What stocks does MarketBeat like better than VEREIT?

Wall Street analysts have given VEREIT a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but VEREIT wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is VEREIT's next earnings date?

VEREIT is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for VEREIT
.

How were VEREIT's earnings last quarter?

VEREIT, Inc. (NYSE:VER) released its quarterly earnings results on Thursday, August, 5th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.78 by $0.47. VEREIT had a net margin of 22.20% and a trailing twelve-month return on equity of 3.87%.
View VEREIT's earnings history
.

How has VEREIT's stock been impacted by COVID-19?

VEREIT's stock was trading at $37.30 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, VER shares have increased by 29.5% and is now trading at $48.29.
View which stocks have been most impacted by COVID-19
.

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

VEREIT announced a quarterly dividend on Thursday, August 5th. Shareholders of record on Thursday, September 30th will be paid a dividend of $0.462 per share on Friday, October 15th. This represents a $1.85 annualized dividend and a dividend yield of 3.83%. The ex-dividend date is Wednesday, September 29th.
View VEREIT's dividend history
.

Is VEREIT a good dividend stock?

VEREIT pays an annual dividend of $1.85 per share and currently has a dividend yield of 3.86%. The dividend payout ratio of VEREIT is 59.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VEREIT will have a dividend payout ratio of 54.57% next year. This indicates that VEREIT will be able to sustain or increase its dividend.
View VEREIT's dividend history.

When did VEREIT's stock split? How did VEREIT's stock split work?

VEREIT's stock reverse split on 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 VEREIT stock prior to the reverse split would have 20 shares after the split.

What price target have analysts set for VER?

7 equities research analysts have issued twelve-month target prices for VEREIT's shares. Their forecasts range from $40.00 to $50.00. On average, they anticipate VEREIT's share price to reach $46.50 in the next year. This suggests that the stock has a possible downside of 3.7%.
View analysts' price targets for VEREIT
or view top-rated stocks among Wall Street analysts.

Who are VEREIT's key executives?

VEREIT's management team includes the following people:
  • Glenn 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

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

19 employees have rated VEREIT CEO Glenn Rufrano on Glassdoor.com. Glenn Rufrano has an approval rating of 71% among VEREIT's employees.

Who are some of VEREIT's key competitors?

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).

What is VEREIT's stock symbol?

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

Who are VEREIT's major shareholders?

VEREIT's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (14.30%), BlackRock Inc. (8.05%), State Street Corp (4.16%), Daiwa Securities Group Inc. (3.90%), FMR LLC (3.59%) and Geode Capital Management LLC (1.56%). Company insiders that own VEREIT stock include Glenn J Rufrano and Thomas W Roberts.
View institutional ownership trends for VEREIT
.

Which major investors are selling VEREIT stock?

VER stock was sold by a variety of institutional investors in the last quarter, including Cbre Clarion Securities LLC, Lasalle Investment Management Securities LLC, LSV Asset Management, Invesco Ltd., Glendon Capital Management LP, Duff & Phelps Investment Management Co., Sumitomo Mitsui Trust Holdings Inc., and Goldman Sachs Group Inc..
View insider buying and selling activity for VEREIT
or view top insider-selling stocks.

Which major investors are buying VEREIT stock?

VER stock was acquired by a variety of institutional investors in the last quarter, including Magnetar Financial LLC, Citigroup Inc., Grantham Mayo Van Otterloo & Co. LLC, Versor Investments LP, Water Island Capital LLC, Balyasny Asset Management LLC, Millennium Management LLC, and Bank of America Corp DE.
View insider buying and selling activity for VEREIT
or or view top insider-buying stocks.

How do I buy shares of VEREIT?

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

What is VEREIT's stock price today?

One share of VER stock can currently be purchased for approximately $48.29.

How much money does VEREIT make?

VEREIT has a market capitalization of $11.07 billion and generates $1.16 billion in revenue each year. The financial services provider earns $201.13 million in net income (profit) each year or $3.11 on an earnings per share basis.

How many employees does VEREIT have?

VEREIT employs 160 workers across the globe.

What is VEREIT's official website?

The official website for VEREIT is www.vereit.com.

Where are VEREIT's headquarters?

VEREIT is headquartered at 2325 E. CAMELBACK ROAD 9TH FLOOR, PHOENIX AZ, 85016.

How can I contact VEREIT?

VEREIT's mailing address is 2325 E. CAMELBACK ROAD 9TH FLOOR, PHOENIX AZ, 85016. The financial services provider can be reached via phone at (602) 778-6000 or via email at [email protected]


This page was last updated on 9/16/2021 by MarketBeat.com Staff
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