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NYSE:VER - Vereit Stock Price, Forecast & News

$4.98
+0.04 (+0.81 %)
(As of 03/31/2020 06:54 AM ET)
Today's Range
$4.59
Now: $4.98
$5.04
50-Day Range
$3.98
MA: $7.89
$10.12
52-Week Range
$3.56
Now: $4.98
$10.18
Volume25.33 million shs
Average Volume13.59 million shs
Market Capitalization$5.37 billion
P/E RatioN/A
Dividend Yield10.83%
Beta0.6
VEREIT is a full-service real estate operating company which owns and manages one of the largest portfolios of single-tenant commercial properties in the U.S. The Company has total real estate investments of $15.6 billion including approximately 4,000 properties and 94.7 million square feet. VEREIT's business model provides equity capital to creditworthy corporations in return for long-term leases on their properties. VEREIT is a publicly traded Maryland corporation listed on the New York Stock Exchange. VEREIT uses, and intends to continue to use, its Investor Relations website, which can be found at www.VEREIT.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD.
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Vereit logo

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone800-606-3610

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.24 billion
Cash Flow$0.18 per share
Book Value$6.41 per share

Profitability

Net Income$-300,350,000.00

Miscellaneous

Employees180
Outstanding Shares1,077,331,000
Market Cap$5.37 billion
Next Earnings Date5/13/2020 (Estimated)
OptionableOptionable

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Vereit (NYSE:VER) Frequently Asked Questions

How has Vereit's stock been impacted by COVID-19 (Coronavirus)?

Vereit's stock was trading at $7.46 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, VER shares have decreased by 33.2% and is now trading at $4.98. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Vereit's next earnings date?

Vereit is scheduled to release its next quarterly earnings announcement on Wednesday, May 13th 2020. View our earnings forecast for Vereit.

How were Vereit's earnings last quarter?

Vereit Inc (NYSE:VER) posted its earnings results on Wednesday, February, 26th. The financial services provider reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.16 by $0.11. The financial services provider earned $305.40 million during the quarter, compared to the consensus estimate of $299.30 million. Vereit had a negative return on equity of 4.22% and a negative net margin of 24.28%. The company's revenue for the quarter was down 2.5% on a year-over-year basis. During the same quarter last year, the company earned $0.17 earnings per share. View Vereit's earnings history.

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

Vereit announced a quarterly dividend on Wednesday, February 26th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.138 per share on Wednesday, April 15th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 11.08%. The ex-dividend date is Monday, March 30th. View Vereit's dividend history.

What guidance has Vereit issued on next quarter's earnings?

Vereit issued an update on its FY20 earnings guidance on Wednesday, February, 26th. The company provided earnings per share guidance of $0.64-$0.66 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.66.

What price target have analysts set for VER?

7 Wall Street analysts have issued 12 month price objectives for Vereit's shares. Their forecasts range from $9.00 to $11.00. On average, they expect Vereit's stock price to reach $10.07 in the next twelve months. This suggests a possible upside of 102.2% from the stock's current price. View analysts' price targets for Vereit.

Has Vereit been receiving favorable news coverage?

Headlines about VER stock have trended very negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Vereit earned a daily sentiment score of -3.7 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near term. View the latest news aboutVereit.

Who are some of Vereit's key competitors?

What other stocks do shareholders of Vereit own?

Who are Vereit's key executives?

Vereit's management team includes the following people:
  • Mr. Glenn J. Rufrano, CEO & Director (Age 69)
  • Mr. Michael J. Bartolotta, Exec. VP & CFO (Age 62)
  • Mr. Paul H. McDowell, Exec. VP & COO (Age 59)
  • Mr. Thomas W. Roberts, Exec. VP & Chief Investment Officer (Age 60)
  • Ms. Lauren Goldberg, Exec. VP, Gen. Counsel & Sec. (Age 51)

What is Vereit's stock symbol?

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

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Vereit's stock price today?

One share of VER stock can currently be purchased for approximately $4.98.

How big of a company is Vereit?

Vereit has a market capitalization of $5.37 billion and generates $1.24 billion in revenue each year. The financial services provider earns $-300,350,000.00 in net income (profit) each year or $0.69 on an earnings per share basis. Vereit employs 180 workers across the globe. View additional information about Vereit.

What is Vereit's official website?

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

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 800-606-3610 or via email at [email protected]vereit.com.


MarketBeat Community Rating for Vereit (NYSE VER)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  449 (Vote Outperform)
Underperform Votes:  576 (Vote Underperform)
Total Votes:  1,025
MarketBeat's community ratings are surveys of what our community members think about Vereit and other stocks. Vote "Outperform" if you believe VER will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VER will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/31/2020 by MarketBeat.com Staff

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