NYSE:VER Vereit Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Vereit Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $6.58 +0.25 (+3.95 %) (As of 09/28/2020 04:15 PM ET) Add Compare Share Today's Range$6.45Now: $6.58▼$6.6450-Day Range$6.08MA: $6.75▼$7.1452-Week Range$3.56Now: $6.58▼$10.18Volume4.87 million shsAverage Volume13.01 million shsMarket Capitalization$7.09 billionP/E RatioN/ADividend Yield4.90%Beta1.02 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 4.3 Analyst's Opinion Consensus RatingVereit has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $8.40, Vereit has a forecasted upside of 27.3% from its current price of $6.60.Amount of Analyst CoverageVereit has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.2 Community Rank Outperform VotesVereit has received 455 “outperform” votes. (Add your “outperform” vote.)Underperform VotesVereit has received 583 “underperform” votes. (Add your “underperform” vote.)Community SentimentVereit has received 56.17% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipVereit is a leading dividend payer. It pays a dividend yield of 4.90%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthVereit has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Vereit is 44.93%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Vereit will have a dividend payout ratio of 50.82% next year. This indicates that Vereit will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Vereit insiders have bought more of their company's stock than they have sold. Specifically, they have bought $253,200.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.29% of the stock of Vereit is held by insiders.Percentage Held by Institutions94.51% of the stock of Vereit is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Vereit are expected to remain at $0.61 per share in the coming year.Price to Earnings Ratio vs. the MarketThe P/E ratio of Vereit is -11.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Vereit is -11.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioVereit has a P/B Ratio of 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.3Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.76 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:VER Previous Symbol CUSIPN/A CIK1507385 Webwww.vereit.com Phone800-606-3610Debt Debt-to-Equity Ratio0.89 Current Ratio1.78 Quick Ratio1.78Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio10.79 P/E GrowthN/A Sales & Book Value Annual Sales$1.24 billion Price / Sales5.73 Cash Flow$0.18 per share Price / Cash Flow37.53 Book Value$6.41 per share Price / Book1.03Profitability EPS (Most Recent Fiscal Year)$0.69 Net Income$-300,350,000.00 Net Margins-43.35% Return on Equity-7.49% Return on Assets-3.71%Miscellaneous Employees180 Outstanding Shares1,077,943,000Market Cap$7.09 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $6.58 +0.25 (+3.95 %) (As of 09/28/2020 04:15 PM 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. 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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, VER stock has decreased by 11.8% and is now trading at $6.58. View which stocks have been most impacted by COVID-19. 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 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Vereit. When is Vereit's next earnings date? Vereit is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for Vereit. How were Vereit's earnings last quarter? Vereit Inc (NYSE:VER) announced its quarterly earnings results 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 the consensus estimate of $278.29 million. Vereit had a negative net margin of 43.35% and a negative return on equity of 7.49%. The company's quarterly revenue was down 10.7% compared to the same quarter last year. During the same period last year, the company posted $0.18 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, August 5th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.077 per share on Thursday, October 15th. This represents a $0.31 annualized dividend and a yield of 4.68%. The ex-dividend date is Tuesday, September 29th. View Vereit's dividend history. What price target have analysts set for VER? 7 analysts have issued twelve-month price targets for Vereit's stock. Their forecasts range from $6.25 to $11.00. On average, they expect Vereit's stock price to reach $8.40 in the next year. This suggests a possible upside of 27.7% from the stock's current price. View analysts' price targets for Vereit. Are investors shorting Vereit? Vereit saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 20,970,000 shares, a decline of 14.6% from the August 31st total of 24,550,000 shares. Based on an average daily trading volume, of 9,580,000 shares, the days-to-cover ratio is currently 2.2 days. View Vereit's Short Interest. Who are some of Vereit's key competitors? Some companies that are related to Vereit include Welltower (WELL), AvalonBay Communities (AVB), Realty Income (O), Simon Property Group (SPG), Weyerhaeuser (WY), Alexandria Real Estate Equities (ARE), Equity Residential (EQR), Ventas (VTR), Sun Communities (SUI), Extra Space Storage (EXR), Duke Realty (DRE), Essex Property Trust (ESS), Mid-America Apartment Communities (MAA), HCP (HCP) and VICI Properties (VICI). View all 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 CAP MGMT/SH (NLY), Realty Income (O), Verizon Communications (VZ), Ford Motor (F), New Residential Investment (NRZ), Two Harbors Investment (TWO) and Gilead Sciences (GILD). 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." Who are Vereit's major shareholders? Vereit's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (14.65%), FMR LLC (3.62%), LSV Asset Management (2.81%), Cbre Clarion Securities LLC (2.04%), Sumitomo Mitsui Trust Holdings Inc. (1.29%) and Lasalle Investment Management Securities LLC (1.00%). Company insiders that own Vereit stock include Glenn J Rufrano and Thomas W Roberts. View institutional ownership trends for Vereit. Which institutional investors are selling Vereit stock? VER stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, California Public Employees Retirement System, Vanguard Group Inc., New York State Common Retirement Fund, APG Asset Management N.V., Russell Investments Group Ltd., Robeco Institutional Asset Management B.V., and Sei Investments Co.. View insider buying and selling activity for Vereit. Which institutional investors are buying Vereit stock? VER stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Lasalle Investment Management Securities LLC, APG Asset Management US Inc., Sumitomo Mitsui Trust Holdings Inc., Duff & Phelps Investment Management Co., Charles Schwab Investment Management Inc., Cbre Clarion Securities LLC, and Nut Tree Capital Management LP. View insider buying and selling activity for Vereit. 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 $6.58. How big of a company is Vereit? Vereit has a market capitalization of $7.09 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. What is Vereit's official website? The official website for Vereit is 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] This page was last updated on 9/28/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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