VEREIT Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for VEREIT in the last year. There are currently 1 sell rating and 6 hold ratings for the stock. The consensus among Wall Street 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.
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Wall Street analysts have given VEREIT a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but VEREIT wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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VEREIT is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for VEREIT.

VEREIT, Inc. (NYSE:VER) released its quarterly earnings results on Thursday, August, 5th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.78 by $0.47. VEREIT had a net margin of 22.20% and a trailing twelve-month return on equity of 3.87%.
View VEREIT's earnings history.

VEREIT's stock was trading at $37.30 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, VER shares have increased by 29.5% and is now trading at $48.29.
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VEREIT announced a quarterly dividend on Thursday, August 5th. Shareholders of record on Thursday, September 30th will be paid a dividend of $0.462 per share on Friday, October 15th. This represents a $1.85 annualized dividend and a dividend yield of 3.83%. The ex-dividend date is Wednesday, September 29th.
View VEREIT's dividend history.

VEREIT pays an annual dividend of $1.85 per share and currently has a dividend yield of 3.86%. The dividend payout ratio of VEREIT is 59.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VEREIT will have a dividend payout ratio of 54.57% next year. This indicates that VEREIT will be able to sustain or increase its dividend.
View VEREIT's dividend history.

VEREIT's stock reverse split 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.

7 equities research analysts have issued twelve-month target prices for VEREIT's shares. Their forecasts range from $40.00 to $50.00. On average, they anticipate VEREIT's share price to reach $46.50 in the next year. This suggests that the stock has a possible downside of 3.7%.
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19 employees have rated VEREIT CEO Glenn Rufrano on Glassdoor.com. Glenn Rufrano has an approval rating of 71% among VEREIT's employees.

Some companies that are related to VEREIT include Digital Realty Trust (DLR), Simon Property Group (SPG), SBA Communications (SBAC), Welltower (WELL), AvalonBay Communities (AVB), Equity Residential (EQR), Alexandria Real Estate Equities (ARE), Realty Income (O), Weyerhaeuser (WY), Extra Space Storage (EXR), Sun Communities (SUI), Ventas (VTR), Mid-America Apartment Communities (MAA), Essex Property Trust (ESS) and Duke Realty (DRE).
View all of VER's competitors.

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).

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

VEREIT's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (14.30%), BlackRock Inc. (8.05%), State Street Corp (4.16%), Daiwa Securities Group Inc. (3.90%), FMR LLC (3.59%) and Geode Capital Management LLC (1.56%). Company insiders that own VEREIT stock include Glenn J Rufrano 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 Cbre Clarion Securities LLC, Lasalle Investment Management Securities LLC, LSV Asset Management, Invesco Ltd., Glendon Capital Management LP, Duff & Phelps Investment Management Co., Sumitomo Mitsui Trust Holdings Inc., and Goldman Sachs Group Inc..
View insider buying and selling activity for VEREIT or view top insider-selling stocks.

VER stock was acquired by a variety of institutional investors in the last quarter, including Magnetar Financial LLC, Citigroup Inc., Grantham Mayo Van Otterloo & Co. LLC, Versor Investments LP, Water Island Capital LLC, Balyasny Asset Management LLC, Millennium Management LLC, and Bank of America Corp DE.
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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.
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One share of VER stock can currently be purchased for approximately $48.29.

VEREIT has a market capitalization of $11.07 billion and generates $1.16 billion in revenue each year. The financial services provider earns $201.13 million in net income (profit) each year or $3.11 on an earnings per share basis.

VEREIT employs 160 workers across the globe.

The official website for VEREIT is www.vereit.com.

VEREIT is headquartered at 2325 E. CAMELBACK ROAD 9TH FLOOR, PHOENIX AZ, 85016.

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]