NYSE:VERVereit Stock Price, Forecast & News

Vereit's stock was trading at $7.46 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, VER shares have decreased by 13.7% and is now trading at $6.44. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vereit in the last year. There are currently 4 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 Wednesday, August 5th 2020. View our earnings forecast for Vereit.

Vereit Inc (NYSE:VER) issued its quarterly earnings data on Wednesday, May, 20th. The financial services provider reported $0.07 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.16 by $0.09. The financial services provider earned $299.20 million during the quarter, compared to analysts' expectations of $301.11 million. Vereit had a negative net margin of 23.19% and a negative return on equity of 4.05%. Vereit's revenue was down 5.6% on a year-over-year basis. During the same quarter last year, the business earned $0.18 EPS. View Vereit's earnings history.

Vereit declared a quarterly dividend on Thursday, May 21st. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.077 per share on Wednesday, July 15th. This represents a $0.31 annualized dividend and a yield of 4.78%. The ex-dividend date is Monday, June 29th. View Vereit's dividend history.

6 brokers have issued 1 year price objectives for Vereit's shares. Their forecasts range from $5.80 to $11.00. On average, they anticipate Vereit's share price to reach $9.38 in the next twelve months. This suggests a possible upside of 45.7% from the stock's current price. View analysts' price targets for Vereit.

Headlines about VER stock have been trending somewhat negative this week, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Vereit earned a news sentiment score of -1.0 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news about Vereit.

Some companies that are related to Vereit include Equity Residential (EQR), AvalonBay Communities (AVB), Simon Property Group (SPG), Welltower (WELL), Realty Income (O), Alexandria Real Estate Equities (ARE), Weyerhaeuser (WY), Essex Property Trust (ESS), Boston Properties (BXP), HCP (HCP), Ventas (VTR), Sun Communities (SUI), Mid-America Apartment Communities (MAA), Duke Realty (DRE) 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 shareholders include Pensionfund DSM Netherlands (0.06%) and Pensionfund Sabic (0.04%). Company insiders that own Vereit stock include Gavin Brandon and Thomas W Roberts. View institutional ownership trends for Vereit.

VER stock was purchased by a variety of institutional investors in the last quarter, including Pensionfund DSM Netherlands, and Pensionfund Sabic. 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 $6.44.

Vereit has a market capitalization of $6.94 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]