NYSE:VERVereit Stock Price, Forecast & News

Vereit's stock was trading at $7.46 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, VER shares have decreased by 12.5% and is now trading at $6.53.
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6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vereit in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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Vereit is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
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Vereit Inc (NYSE:VER) posted its quarterly earnings data on Thursday, August, 6th. The financial services provider reported $0.04 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.15 by $0.11. The financial services provider earned $278.60 million during the quarter, compared to analyst estimates of $278.29 million. Vereit had a negative net margin of 43.35% and a negative return on equity of 7.43%. Vereit's revenue was down 10.7% on a year-over-year basis. During the same period last year, the firm earned $0.18 EPS.
View Vereit's earnings history.

Vereit declared a quarterly dividend on Wednesday, August 5th. Stockholders of record on Wednesday, September 30th will be paid a dividend of $0.077 per share on Thursday, October 15th. This represents a $0.31 annualized dividend and a dividend yield of 4.72%. The ex-dividend date of this dividend is Tuesday, September 29th.
View Vereit's dividend history.

6 Wall Street analysts have issued 1 year target prices for Vereit's shares. Their forecasts range from $5.80 to $11.00. On average, they anticipate Vereit's stock price to reach $8.51 in the next year. This suggests a possible upside of 30.3% from the stock's current price.
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Media stories about VER stock have trended extremely negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Vereit earned a coverage optimism score of -4.8 on InfoTrie's scale. They also gave headlines 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 impact on the company's share price in the near future.
View the latest news about Vereit.

Some companies that are related to Vereit include Welltower (WELL), Alexandria Real Estate Equities (ARE), AvalonBay Communities (AVB), Realty Income (O), Weyerhaeuser (WY), Equity Residential (EQR), Simon Property Group (SPG), Ventas (VTR), Duke Realty (DRE), Sun Communities (SUI), Essex Property Trust (ESS), HCP (HCP), Boston Properties (BXP), Extra Space Storage (EXR) and Mid-America Apartment Communities (MAA).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Vereit investors own include Opko Health (OPK), Vuzix (VUZI), AT&T (T), ANNALY CAP MGMT/SH (NLY), Realty Income (O), Ford Motor (F), New Residential Investment (NRZ), Verizon Communications (VZ), Virtu Financial (VIRT) and General Electric (GE).

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

Vereit's stock is owned by a variety of institutional and retail investors. Top institutional investors include LSV Asset Management (2.81%), Sumitomo Mitsui Trust Holdings Inc. (1.29%), Aew Capital Management L P (0.77%), Duff & Phelps Investment Management Co. (0.46%), Swiss National Bank (0.40%) and Timbercreek Investment Management Inc. (0.28%).
View institutional ownership trends for Vereit.

VER stock was sold by a variety of institutional investors in the last quarter, including New York State Common Retirement Fund, Russell Investments Group Ltd., Robeco Institutional Asset Management B.V., Zurcher Kantonalbank Zurich Cantonalbank, LSV Asset Management, Timbercreek Investment Management Inc., Orinda Asset Management LLC, and Envestnet Asset Management Inc..
View insider buying and selling activity for Vereit.

VER stock was purchased by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Trust Holdings Inc., Duff & Phelps Investment Management Co., Green Street Investors LLC, Hill Winds Capital LP, DekaBank Deutsche Girozentrale, BNP PARIBAS ASSET MANAGEMENT Holding S.A., Dupont Capital Management Corp, and Andra AP fonden.
View insider buying and selling activity 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 $6.53.

Vereit has a market capitalization of $7.04 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.

The official website for Vereit is 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]