NYSE:VER - VEREIT Inc/SH SH Stock Price, News, & Analysis

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$7.96 +0.02 (+0.25 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$7.96
Today's Range$7.87 - $7.96
52-Week Range$6.52 - $8.75
Volume8.78 million shs
Average Volume8.88 million shs
Market Capitalization$7.30 billion
P/E Ratio11.37
Dividend Yield6.99%
Beta0.65
VEREIT Inc/SH SH logoVEREIT 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 a total asset book value of $14.7 billion including approximately 4,100 properties and 94.4 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. Additional information about VEREIT can be found on its website at www.VEREIT.com and through social media platforms such as Twitter and LinkedIn.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:VER
CUSIPN/A
Phone800-606-3610

Debt

Debt-to-Equity Ratio0.66
Current Ratio0.35
Quick Ratio0.35

Price-To-Earnings

Trailing P/E Ratio11.37
Forward P/E Ratio11.71
P/E Growth4.5

Sales & Book Value

Annual Sales$1.25 billion
Price / Sales6.15
Cash Flow$0.8615 per share
Price / Cash9.24
Book Value$8.26 per share
Price / Book0.96

Profitability

EPS (Most Recent Fiscal Year)$0.70
Net Income$31.81 million
Net Margins-4.44%
Return on Equity-0.40%
Return on Assets-0.22%

Miscellaneous

Employees330
Outstanding Shares967,490,000
Market Cap$7.30 billion

VEREIT Inc/SH SH (NYSE:VER) Frequently Asked Questions

What is VEREIT Inc/SH SH's stock symbol?

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

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

VEREIT Inc/SH SH announced a quarterly dividend on Monday, August 6th. Stockholders of record on Friday, September 28th will be paid a dividend of $0.1375 per share on Monday, October 15th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 6.91%. The ex-dividend date is Thursday, September 27th. View VEREIT Inc/SH SH's Dividend History.

How will VEREIT Inc/SH SH's stock buyback program work?

VEREIT Inc/SH SH announced that its board has approved a stock repurchase plan on Sunday, June 4th 2017, which allows the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's management believes its shares are undervalued.

How were VEREIT Inc/SH SH's earnings last quarter?

VEREIT Inc/SH SH (NYSE:VER) announced its earnings results on Friday, August, 3rd. The financial services provider reported ($0.09) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.18 by $0.27. The financial services provider had revenue of $315.60 million for the quarter, compared to analysts' expectations of $297.35 million. VEREIT Inc/SH SH had a negative net margin of 4.44% and a negative return on equity of 0.40%. The firm's quarterly revenue was up 2.4% compared to the same quarter last year. During the same period last year, the business earned $0.18 earnings per share. View VEREIT Inc/SH SH's Earnings History.

When is VEREIT Inc/SH SH's next earnings date?

VEREIT Inc/SH SH is scheduled to release their next quarterly earnings announcement on Wednesday, November, 14th 2018. View Earnings Estimates for VEREIT Inc/SH SH.

What guidance has VEREIT Inc/SH SH issued on next quarter's earnings?

VEREIT Inc/SH SH issued an update on its FY18 earnings guidance on Friday, August, 3rd. The company provided EPS guidance of $0.70-0.72 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.68.

What price target have analysts set for VER?

4 brokers have issued twelve-month price objectives for VEREIT Inc/SH SH's shares. Their predictions range from $8.00 to $9.00. On average, they anticipate VEREIT Inc/SH SH's share price to reach $8.50 in the next year. This suggests a possible upside of 6.8% from the stock's current price. View Analyst Price Targets for VEREIT Inc/SH SH.

What is the consensus analysts' recommendation for VEREIT Inc/SH SH?

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

Who are some of VEREIT Inc/SH SH's key competitors?

Who are VEREIT Inc/SH SH's key executives?

VEREIT Inc/SH SH's management team includes the folowing people:
  • Mr. Glenn J. Rufrano, CEO & Director (Age 68)
  • Mr. Michael J. Bartolotta, Exec. VP & CFO (Age 61)
  • Mr. Paul H. McDowell, Exec. VP & COO (Age 58)
  • Mr. Thomas W. Roberts, Exec. VP & Chief Investment Officer (Age 59)
  • Ms. Lauren Goldberg, Exec. VP, Gen. Counsel & Sec. (Age 50)

Has VEREIT Inc/SH SH been receiving favorable news coverage?

Media stories about VER stock have trended somewhat positive on Saturday, Accern reports. Accern identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. VEREIT Inc/SH SH earned a media and rumor sentiment score of 0.07 on Accern's scale. They also assigned media stories about the financial services provider an impact score of 47.58 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View Recent Headlines for VEREIT Inc/SH SH.

Who are VEREIT Inc/SH SH's major shareholders?

VEREIT Inc/SH SH's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.79%), FMR LLC (5.38%), LSV Asset Management (2.37%), PGGM Investments (2.22%), Centersquare Investment Management LLC (2.17%) and Thompson Siegel & Walmsley LLC (1.79%). Company insiders that own VEREIT Inc/SH SH stock include Gavin Brandon, 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 Inc/SH SH.

Which institutional investors are selling VEREIT Inc/SH SH stock?

VER stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Thompson Siegel & Walmsley LLC, Cbre Clarion Securities LLC, Canada Pension Plan Investment Board, Bank of Montreal Can, Fosun International Ltd, Millennium Management LLC and Schwab Charles Investment Management Inc.. View Insider Buying and Selling for VEREIT Inc/SH SH.

Which institutional investors are buying VEREIT Inc/SH SH stock?

VER stock was bought by a variety of institutional investors in the last quarter, including PGGM Investments, Centersquare Investment Management LLC, BlackRock Inc., LSV Asset Management, Renaissance Technologies LLC, Standard Life Aberdeen plc, Marshall Wace LLP and Sumitomo Mitsui Asset Management Company LTD. Company insiders that have bought VEREIT Inc/SH SH 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 Inc/SH SH.

How do I buy shares of VEREIT Inc/SH SH?

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.

What is VEREIT Inc/SH SH's stock price today?

One share of VER stock can currently be purchased for approximately $7.96.

How big of a company is VEREIT Inc/SH SH?

VEREIT Inc/SH SH has a market capitalization of $7.30 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 Inc/SH SH employs 330 workers across the globe.

How can I contact VEREIT Inc/SH SH?

VEREIT Inc/SH SH's mailing address is 2325 EAST 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]


MarketBeat Community Rating for VEREIT Inc/SH SH (NYSE VER)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  344 (Vote Outperform)
Underperform Votes:  443 (Vote Underperform)
Total Votes:  787
MarketBeat's community ratings are surveys of what our community members think about VEREIT Inc/SH SH 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.
This page was last updated on 8/18/2018 by MarketBeat.com Staff

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