NYSE:VER - Vereit Stock Price, Price Target & More

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

Vereit announced a quarterly dividend on Thursday, May 3rd. Stockholders of record on Friday, June 29th will be given a dividend of $0.138 per share on Monday, July 16th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 7.18%. The ex-dividend date of this dividend is Thursday, June 28th. View Vereit's Dividend History.

Vereit declared that its Board of Directors has initiated a share repurchase program on Sunday, June 4th 2017, which authorizes the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its stock is undervalued.

Vereit Inc (NYSE:VER) issued its earnings results on Friday, May, 4th. The financial services provider reported $0.01 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.18 by $0.17. The financial services provider earned $290.60 million during the quarter, compared to analyst estimates of $299.80 million. Vereit had a return on equity of 0.94% and a net margin of 3.78%. The company's quarterly revenue was down 1.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.19 EPS. View Vereit's Earnings History.

Vereit is scheduled to release their next quarterly earnings announcement on Friday, August, 3rd 2018. View Earnings Estimates for Vereit.

4 brokers have issued 12 month price targets for Vereit's shares. Their predictions range from $7.00 to $9.00. On average, they anticipate Vereit's share price to reach $8.00 in the next year. This suggests a possible upside of 4.0% from the stock's current price. View Analyst Ratings for Vereit.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vereit in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Vereit include Weyerhaeuser (WY), AvalonBay Communities (AVB), DIGITAL Rlty Tr/SH SH (DLR), Equity Residential (EQR), Welltower (WELL), UNIBAIL-RODAMCO/ADR (UNRDY), Ventas (VTR), GGP (GGP), Boston Properties (BXP), SBA Communications (SBAC), Essex Property Trust (ESS), Host Hotels and Resorts (HST), Realty Income (O), Vornado Realty Trust (VNO) and Alexandria Real Estate Equities (ARE).

News articles about VER stock have trended somewhat positive recently, Accern Sentiment reports. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Vereit earned a news impact score of 0.20 on Accern's scale. They also gave headlines about the financial services provider an impact score of 46.13 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Vereit's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Financial & Investment Management Group Ltd. (0.10%), State of Alaska Department of Revenue (0.04%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.04%), Clinton Group Inc. (0.02%), DnB Asset Management AS (0.02%) and IFM Investors Pty Ltd (0.01%). Company insiders that own Vereit stock include Glenn J Rufrano, Hugh R Frater, Julie Richardson, Paul H Mcdowell, Thomas W Roberts and William Craig Jr Miller. View Institutional Ownership Trends for Vereit.

VER stock was sold by a variety of institutional investors in the last quarter, including Financial & Investment Management Group Ltd. and State of Alaska Department of Revenue. View Insider Buying and Selling for Vereit.

VER stock was acquired by a variety of institutional investors in the last quarter, including Clinton Group Inc., Fjarde AP Fonden Fourth Swedish National Pension Fund, IFM Investors Pty Ltd and DnB Asset Management AS. Company insiders that have bought Vereit stock in the last two years include Glenn J Rufrano, Hugh R Frater, Julie Richardson, Paul H Mcdowell, Thomas W Roberts and William Craig Jr Miller. 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, Scottrade, Fidelity and Charles Schwab.

One share of VER stock can currently be purchased for approximately $7.69.

Vereit has a market capitalization of $7.45 billion and generates $1.25 billion in revenue each year. The financial services provider earns $31.81 million in net income (profit) each year or $0.70 on an earnings per share basis. Vereit employs 330 workers across the globe.

Vereit's mailing address is 2325 E. CAMELBACK ROAD SUITE 1100, PHOENIX AZ, 85016. The financial services provider can be reached via phone at 800-606-3610 or via email at [email protected]