NYSE:VERVereit Stock Price, Forecast & News

Vereit's stock was trading at $7.46 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, VER shares have decreased by 16.8% and is now trading at $6.21. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vereit in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Vereit.

Vereit is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Vereit.

Vereit will be holding an earnings conference call on Thursday, August 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.

Vereit Inc (NYSE:VER) released its quarterly earnings results on Wednesday, May, 20th. The financial services provider reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.16 by $0.09. The financial services provider earned $299.20 million during the quarter, compared to analyst estimates of $301.11 million. Vereit had a negative net margin of 23.19% and a negative return on equity of 4.05%. The business's revenue for the quarter was down 5.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.18 earnings per share. View Vereit's earnings history.

Vereit declared a quarterly dividend on Thursday, May 21st. Stockholders of record on Tuesday, June 30th will be paid a dividend of $0.077 per share on Wednesday, July 15th. This represents a $0.31 dividend on an annualized basis and a dividend yield of 4.96%. The ex-dividend date of this dividend is Monday, June 29th. View Vereit's dividend history.

7 brokerages have issued 1-year price targets for Vereit's shares. Their forecasts range from $5.80 to $11.00. On average, they expect Vereit's share price to reach $9.01 in the next year. This suggests a possible upside of 45.0% from the stock's current price. View analysts' price targets for Vereit.

Media coverage about VER stock has been trending very negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Vereit earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about Vereit.

Some companies that are related to Vereit include AvalonBay Communities (AVB), Welltower (WELL), Equity Residential (EQR), Simon Property Group (SPG), Alexandria Real Estate Equities (ARE), Realty Income (O), Weyerhaeuser (WY), Essex Property Trust (ESS), Boston Properties (BXP), Ventas (VTR), Sun Communities (SUI), HCP (HCP), Duke Realty (DRE), Mid-America Apartment Communities (MAA) and Extra Space Storage (EXR). View all competitors.

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

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

Vereit's stock is owned by a variety of retail and institutional investors. Top institutional investors include Timbercreek Investment Management Inc. (0.28%), Envestnet Asset Management Inc. (0.08%), Pensionfund DSM Netherlands (0.06%), Pensionfund Sabic (0.04%), State of Alaska Department of Revenue (0.03%) and Wiley BROS. Aintree Capital LLC (0.01%). 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 Timbercreek Investment Management Inc., Envestnet Asset Management Inc., Wiley BROS. Aintree Capital LLC, and Whittier Trust Co.. View insider buying and selling activity for Vereit.

VER stock was bought by a variety of institutional investors in the last quarter, including Pensionfund DSM Netherlands, Eidelman Virant Capital, Pensionfund Sabic, Ellevest Inc., Patriot Financial Group Insurance Agency LLC, and State of Alaska Department of Revenue. View insider buying and selling activity 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 $6.21.

Vereit has a market capitalization of $6.69 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.

The official website for Vereit is 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]