NYSE:VER

VEREIT Stock Forecast, Price & News

$49.00
-0.02 (-0.04 %)
(As of 07/29/2021 03:39 PM ET)
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Today's Range
$48.92
$49.43
50-Day Range
$45.93
$49.33
52-Week Range
$30.05
$49.77
Volume37,886 shs
Average Volume1.95 million shs
Market Capitalization$11.23 billion
P/E Ratio55.06
Dividend Yield3.75%
Beta1.14
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VEREIT logo

About VEREIT

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 $14.6 billion including approximately 3,800 properties and 88.9 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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MarketRank

Overall MarketRank

2.13 out of 5 stars

Finance Sector

376th out of 2,043 stocks

Real Estate Investment Trusts Industry

74th out of 283 stocks

Analyst Opinion: 2.0Community Rank: 3.0Dividend 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?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for VEREIT in the last year. There are currently 1 sell rating, 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research 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.

Are investors shorting VEREIT?

VEREIT saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 8,480,000 shares, an increase of 30.3% from the June 30th total of 6,510,000 shares. Based on an average daily trading volume, of 2,290,000 shares, the short-interest ratio is presently 3.7 days. Currently, 3.7% of the shares of the stock are sold short.
View VEREIT's Short Interest
.

When is VEREIT's next earnings date?

VEREIT is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for VEREIT
.

How were VEREIT's earnings last quarter?

VEREIT, Inc. (NYSE:VER) posted its earnings results on Thursday, May, 6th. The financial services provider reported $0.50 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.77 by $0.27. The financial services provider earned $290.81 million during the quarter, compared to analysts' expectations of $293.23 million. VEREIT had a trailing twelve-month return on equity of 3.60% and a net margin of 20.38%. The business's quarterly revenue was down 2.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.84 EPS.
View VEREIT's earnings history
.

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

VEREIT's stock was trading at $37.30 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, VER stock has increased by 31.4% and is now trading at $49.00.
View which stocks have been most impacted by COVID-19
.

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

VEREIT declared a quarterly dividend on Thursday, May 6th. Investors of record on Wednesday, June 30th will be given a dividend of $0.462 per share on Thursday, July 15th. This represents a $1.85 annualized dividend and a yield of 3.77%. The ex-dividend date is Tuesday, June 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 3.75%. VEREIT does not yet have a strong track record of dividend growth. 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 56.23% 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 shares reverse split before market open 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 market closes 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?

8 analysts have issued 12-month target prices for VEREIT's shares. Their forecasts range from $40.00 to $50.00. On average, they anticipate VEREIT's stock price to reach $46.50 in the next twelve months. This suggests that the stock has a possible downside of 5.1%.
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:
  • Mr. Glenn J. Rufrano, CEO & Director (Age 71, Pay $1.73M)
  • Mr. Michael J. Bartolotta, Exec. VP & CFO (Age 64, Pay $1.28M)
  • Mr. Paul H. McDowell, Exec. VP & COO (Age 61, Pay $1.22M)
  • Mr. Thomas W. Roberts, Exec. VP & Chief Investment Officer (Age 62, Pay $1.27M)
  • Ms. Lauren Goldberg, Exec. VP, Gen. Counsel & Sec. (Age 53, Pay $1.15M)
  • Mr. Gavin B. Brandon, Sr. VP & Chief Accounting Officer (Age 45)
  • Ms. Bonni Rosen, Sr. VP of Investor Relations
  • Mr. Glenn Kindred, Exec. VP of Restaurants Division
  • Bianca Stoll Martinez, Sr. VP, Assistant Gen. Counsel & Assistant Sec.

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 variety of retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.04%), OTA Financial Group L.P. (0.03%), Real Estate Management Services LLC (0.03%), IFM Investors Pty Ltd (0.01%) and Jeppson Wealth Management LLC (0.01%). 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 Real Estate Management Services LLC, and Jeppson Wealth Management LLC.
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 OTA Financial Group L.P., State of Alaska Department of Revenue, and IFM Investors Pty Ltd.
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 $49.00.

How much money does VEREIT make?

VEREIT has a market capitalization of $11.23 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 7/29/2021 by MarketBeat.com Staff
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