VEREIT Stock Forecast, Price & News

VEREIT (NYSE:VER) Frequently Asked Questions

Is VEREIT a buy right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for VEREIT in the last twelve months. There are currently 1 sell rating and 6 hold ratings for the stock. The consensus among Wall Street equities research 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.
View analyst ratings for VEREIT or view top-rated stocks.

Are investors shorting VEREIT?

VEREIT saw a increase in short interest in October. As of October 15th, there was short interest totaling 9,660,000 shares, an increase of 23.5% from the September 30th total of 7,820,000 shares. Based on an average daily volume of 1,700,000 shares, the days-to-cover ratio is presently 5.7 days. Currently, 4.2% of the shares of the company are sold short.
View VEREIT's Short Interest.

When is VEREIT's next earnings date?

VEREIT is scheduled to release its next quarterly earnings announcement on Wednesday, February 23rd 2022.
View our earnings forecast for VEREIT.

How were VEREIT's earnings last quarter?

VEREIT, Inc. (NYSE:VER) announced its quarterly earnings results on Thursday, October, 28th. The financial services provider reported $0.25 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.33 by $0.08. The financial services provider had revenue of $289.67 million for the quarter, compared to analysts' expectations of $295.90 million. VEREIT had a trailing twelve-month return on equity of 3.87% and a net margin of 22.20%. VEREIT's revenue was down 1.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.15 EPS.
View VEREIT's earnings history.

How often does VEREIT pay dividends? What is the dividend yield for VEREIT?

VEREIT announced a monthly dividend on Thursday, October 14th. Stockholders of record on Tuesday, November 2nd will be paid a dividend of $0.154 per share on Monday, November 15th. This represents a $1.85 dividend on an annualized basis and a yield of 3.67%. The ex-dividend date is Monday, November 1st. This is a positive change from VEREIT's previous monthly dividend of $0.14.
View VEREIT's dividend history.

Is VEREIT a good dividend stock?

VEREIT pays an annual dividend of $1.85 per share and currently has a dividend yield of 3.68%. 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.

When did VEREIT's stock split? How did VEREIT's stock split work?

VEREIT shares reverse split before market open 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 market closes 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.

What price target have analysts set for VER?

7 Wall Street analysts have issued 12 month price targets for VEREIT's stock. Their forecasts range from $40.00 to $50.00. On average, they expect VEREIT's stock price to reach $46.50 in the next twelve months. This suggests that the stock has a possible downside of 7.6%.
View analysts' price targets for VEREIT or view top-rated stocks among Wall Street analysts.

Who are VEREIT's key executives?

VEREIT's management team includes the following people:

• Glenn J. Rufrano, Chief Executive Officer & Director
• Paul H. McDowell, Chief Operating Officer & Executive Vice President
• Michael J. Bartolotta, Chief Financial Officer, Treasurer & Executive VP
• Thomas W. Roberts, Chief Investment Officer & Executive VP
• Lauren Goldberg, Secretary, Executive VP & General Counsel

What is Glenn Rufrano's approval rating as VEREIT's CEO?

19 employees have rated VEREIT CEO Glenn Rufrano on Glassdoor.com. Glenn Rufrano has an approval rating of 71% among VEREIT's employees.

Who are some of VEREIT's key competitors?

Some companies that are related to VEREIT include SBA Communications (SBAC), Welltower (WELL), AvalonBay Communities (AVB), Equity Residential (EQR), Alexandria Real Estate Equities (ARE), Weyerhaeuser (WY), Extra Space Storage (EXR), Realty Income (O), Mid-America Apartment Communities (MAA), Duke Realty (DRE), Sun Communities (SUI), Essex Property Trust (ESS), Ventas (VTR), Healthpeak Properties (PEAK) and UDR (UDR).
View all of VER's 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 Capital Management (NLY), Realty Income (O), Ford Motor (F), Verizon Communications (VZ), New Residential Investment (NRZ), Gilead Sciences (GILD) and Two Harbors Investment (TWO).

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 many different institutional and retail investors. Top institutional shareholders include Cohen & Steers Inc. (17.51%), BlackRock Inc. (7.66%), Daiwa Securities Group Inc. (4.19%), Soros Fund Management LLC (1.90%), Millennium Management LLC (1.71%) and Geode Capital Management LLC (1.59%).
View institutional ownership trends for VEREIT.

Which major investors are selling VEREIT stock?

VER stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Citigroup Inc., Water Island Capital LLC, BlackRock Inc., Two Sigma Advisers LP, Balyasny Asset Management LLC, Balyasny Asset Management LLC, and Redwood Capital Management LLC.
View insider buying and selling activity for VEREIT or view top insider-selling stocks.

Which major investors are buying VEREIT stock?

VER stock was acquired by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Millennium Management LLC, Soros Fund Management LLC, Tudor Investment Corp Et Al, Capitolis Advisors LLC, Daiwa Securities Group Inc., Grantham Mayo Van Otterloo & Co. LLC, and Allianz Asset Management GmbH.
View insider buying and selling activity for VEREIT or or view top insider-buying stocks.

What is VEREIT's stock price today?

One share of VER stock can currently be purchased for approximately $50.30.

How much money does VEREIT make?

VEREIT has a market capitalization of $11.53 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.

How many employees does VEREIT have?

VEREIT employs 160 workers across the globe.

What is VEREIT's official website?

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

Where are VEREIT's headquarters?

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

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 (602) 778-6000 or via email at [email protected].