NYSE:VER

VEREIT Stock Forecast, Price & News

$40.34
-0.03 (-0.07 %)
(As of 04/12/2021 09:32 AM ET)
Add
Compare
Today's Range
$40.34
Now: $40.34
$40.34
50-Day Range
$36.18
MA: $38.77
$41.15
52-Week Range
$21.90
Now: $40.34
$41.15
Volume14 shs
Average Volume1.70 million shs
Market Capitalization$9.24 billion
P/E Ratio33.62
Dividend Yield4.58%
Beta1.06
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.
VEREIT logo

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone(602) 778-6000
Employees160
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.24 billion
Cash Flow$1.03 per share
Book Value$32.05 per share

Profitability

Net Income$-300,350,000.00

Miscellaneous

Market Cap$9.24 billion
Next Earnings Date5/6/2021 (Confirmed)
OptionableOptionable

Headlines

Investors Buy High Volume of Put Options on VEREIT (NYSE:VER)
April 7, 2021 |  americanbankingnews.com
VEREIT (NYSE:VER) Hits New 12-Month High at $40.88
April 7, 2021 |  americanbankingnews.com
Vereit: Cheap For A Reason - Seeking Alpha
April 7, 2021 |  seekingalpha.com
VEREIT Inc (VER) Q4 2020 Earnings Call Transcript
February 25, 2021 |  finance.yahoo.com
VEREIT hikes quarterly dividend by 20% - Seeking Alpha
February 24, 2021 |  seekingalpha.com
See More Headlines

MarketRank

Overall MarketRank

1.46 out of 5 stars

Finance Sector

674th out of 1,944 stocks

Real Estate Investment Trusts Industry

153rd out of 274 stocks

Analyst Opinion: 1.1Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -
$40.34
-0.03 (-0.07 %)
(As of 04/12/2021 09:32 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive VER News and Ratings via Email

Sign-up to receive the latest news and ratings for VER and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











VEREIT (NYSE:VER) Frequently Asked Questions

Is VEREIT a buy right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for VEREIT in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but VEREIT wasn't one of them. MarketBeat thinks these five stocks 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 February. As of February 26th, there was short interest totaling 5,050,000 shares, an increase of 25.0% from the February 11th total of 4,040,000 shares. Based on an average daily trading volume, of 2,220,000 shares, the short-interest ratio is currently 2.3 days. Approximately 2.2% of the company's stock are short sold.
View VEREIT's Short Interest
.

When is VEREIT's next earnings date?

VEREIT is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for VEREIT
.

How can I listen to VEREIT's earnings call?

VEREIT will be holding an earnings conference call on Thursday, May 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were VEREIT's earnings last quarter?

VEREIT, Inc. (NYSE:VER) released its quarterly earnings results on Thursday, November, 5th. The financial services provider reported $0.40 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.75 by $0.35. The financial services provider had revenue of $295.30 million for the quarter, compared to analyst estimates of $283.90 million. VEREIT had a net margin of 26.30% and a trailing twelve-month return on equity of 4.73%. The company's quarterly revenue was down 2.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.90 EPS.
View VEREIT's earnings history
.

How has VEREIT's stock been impacted by Coronavirus?

VEREIT's stock was trading at $37.30 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, VER shares have increased by 8.2% and is now trading at $40.37.
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 Tuesday, February 23rd. Investors of record on Wednesday, March 31st will be given a dividend of $0.462 per share on Thursday, April 15th. This represents a $1.85 annualized dividend and a dividend yield of 4.58%. The ex-dividend date of this dividend is Tuesday, March 30th. This is a positive change from VEREIT's previous quarterly dividend of $0.08.
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 4.58%. VER has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. VEREIT does not yet have a strock track record of dividend growth. The dividend payout ratio of VEREIT is 53.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VEREIT will have a dividend payout ratio of 57.63% 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 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 guidance has VEREIT issued on next quarter's earnings?

VEREIT updated its FY21 earnings guidance on Wednesday, February, 24th. The company provided EPS guidance of $3.20-3.30 for the period, compared to the Thomson Reuters consensus estimate of $3.28.

What price target have analysts set for VER?

8 brokers have issued 1-year target prices for VEREIT's shares. Their forecasts range from $33.75 to $48.00. On average, they expect VEREIT's share price to reach $40.29 in the next twelve months. This suggests that the stock has a possible downside of 0.2%.
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 variety of retail and institutional investors. Top institutional shareholders include Pensionfund DSM Netherlands (0.05%), State of Alaska Department of Revenue (0.04%), Pensionfund Sabic (0.02%) and Private Capital Group LLC (0.00%). 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 Pensionfund DSM Netherlands, Pensionfund Sabic, and Private Capital Group 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 State of Alaska Department of Revenue.
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 $40.37.

How much money does VEREIT make?

VEREIT has a market capitalization of $9.25 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 $3.47 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 4/12/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.