NYSE:VER - Vereit Stock Price, Forecast & News

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

Vereit declared a quarterly dividend on Tuesday, November 5th. Investors of record on Tuesday, December 31st will be given a dividend of $0.138 per share on Wednesday, January 15th. This represents a $0.55 dividend on an annualized basis and a yield of 5.68%. The ex-dividend date of this dividend is Monday, December 30th. View Vereit's Dividend History.

Vereit Inc (NYSE:VER) released its earnings results on Wednesday, November, 6th. The financial services provider reported ($0.76) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.17 by $0.93. The financial services provider earned $302.99 million during the quarter, compared to analyst estimates of $306.69 million. Vereit had a negative net margin of 27.65% and a negative return on equity of 4.76%. The business's revenue was down 3.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.18 earnings per share. View Vereit's Earnings History.

Vereit is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Vereit.

Vereit updated its FY19 earnings guidance on Wednesday, November, 6th. The company provided earnings per share guidance of $0.68-0.70 for the period, compared to the Thomson Reuters consensus estimate of $0.69.

7 equities research analysts have issued twelve-month target prices for Vereit's stock. Their forecasts range from $9.00 to $11.00. On average, they expect Vereit's stock price to reach $9.93 in the next twelve months. This suggests a possible upside of 2.1% from the stock's current price. View Analyst Price Targets for 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.

News stories about VER stock have trended somewhat negative on Friday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Vereit earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Vereit.

Some companies that are related to Vereit include Public Storage (PSA), Welltower (WELL), Equity Residential (EQR), AvalonBay Communities (AVB), SBA Communications (SBAC), DIGITAL RLTY TR/SH (DLR), Realty Income (O), Weyerhaeuser (WY), Ventas (VTR), Boston Properties (BXP), Essex Property Trust (ESS), Alexandria Real Estate Equities (ARE), HCP (HCP), Mid-America Apartment Communities (MAA) and Sun Communities (SUI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Vereit investors own include Opko Health (OPK), Vuzix (VUZI), Realty Income (O), AT&T (T), Virtu Financial (VIRT), General Electric (GE), Verizon Communications (VZ), ANNALY CAP MGMT/SH (NLY), Kinder Morgan (KMI) and Ford Motor (F).

Vereit's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include PGGM Investments (0.22%), Strs Ohio (0.13%), Zurcher Kantonalbank Zurich Cantonalbank (0.13%), Real Estate Management Services LLC (0.09%), Goodwin Daniel L (0.08%) and Manning & Napier Group LLC (0.06%). Company insiders that own Vereit stock include Gavin Brandon and Thomas W Roberts. View Institutional Ownership Trends for Vereit.

VER stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, First Hawaiian Bank, DNB Asset Management AS, Nisa Investment Advisors LLC, CenturyLink Investment Management Co, Zurcher Kantonalbank Zurich Cantonalbank, AE Wealth Management LLC and Goodwin Daniel L. View Insider Buying and Selling for Vereit.

VER stock was bought by a variety of institutional investors in the last quarter, including Exchange Traded Concepts LLC, State of Alaska Department of Revenue, Strs Ohio, Alpine Global Management LLC, Sumitomo Mitsui DS Asset Management Company Ltd, J.W. Cole Advisors Inc., Campbell & CO Investment Adviser LLC and FinTrust Capital Advisors LLC. View Insider Buying and Selling 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 $9.72.

Vereit has a market capitalization of $10.38 billion and generates $1.26 billion in revenue each year. The financial services provider earns $-85,770,000.00 in net income (profit) each year or $0.72 on an earnings per share basis. Vereit employs 180 workers across the globe.View Additional Information About Vereit.

The official website for Vereit is http://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]