Sign in or create an account to add this stock to your watchlist.
VEREIT 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.
Industry, Sector and Symbol
Industry Real estate investment trusts
Trailing P/E Ratio10.06
Forward P/E Ratio10.20
Sales & Book Value
Annual Sales$1.25 billion
Price / Sales5.44
Cash Flow$0.8302 per share
Price / Cash8.48
Book Value$8.13 per share
Price / Book0.87
EPS (Most Recent Fiscal Year)$0.70
Net Income$31.81 million
Return on Equity0.94%
Return on Assets0.52%
VEREIT (NYSE:VER) Frequently Asked Questions
What is VEREIT's stock symbol?
VEREIT trades on the New York Stock Exchange (NYSE) under the ticker symbol "VER."
How often does VEREIT pay dividends? What is the dividend yield for VEREIT?
VEREIT announced a quarterly dividend on Thursday, May 3rd. Investors of record on Friday, June 29th will be paid a dividend of $0.138 per share on Monday, July 16th. This represents a $0.55 dividend on an annualized basis and a yield of 7.84%. The ex-dividend date of this dividend is Thursday, June 28th. View VEREIT's Dividend History.
How will VEREIT's stock buyback program work?
VEREIT declared that its board has authorized a share repurchase program 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 purchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company's management believes its shares are undervalued.
How were VEREIT's earnings last quarter?
VEREIT (NYSE:VER) announced its quarterly earnings results on Friday, May, 4th. The financial services provider reported $0.01 EPS for the quarter, missing analysts' consensus estimates of $0.18 by $0.17. The financial services provider had revenue of $290.60 million for the quarter, compared to analysts' expectations of $299.80 million. VEREIT had a return on equity of 0.94% and a net margin of 3.78%. The company's revenue was down 1.2% compared to the same quarter last year. During the same period last year, the firm posted $0.19 earnings per share. View VEREIT's Earnings History.
When is VEREIT's next earnings date?
What price target have analysts set for VER?
3 equities research analysts have issued 12-month price objectives for VEREIT's stock. Their forecasts range from $7.00 to $9.00. On average, they expect VEREIT's share price to reach $8.00 in the next twelve months. View Analyst Ratings for VEREIT.
Are investors shorting VEREIT?
VEREIT saw a decline in short interest during the month of April. As of April 13th, there was short interest totalling 29,530,686 shares, a decline of 9.6% from the March 30th total of 32,682,711 shares. Based on an average daily trading volume, of 7,397,956 shares, the days-to-cover ratio is presently 4.0 days. Approximately 3.1% of the company's stock are short sold.
Who are some of VEREIT's key competitors?
Some companies that are related to VEREIT include UNIBAIL-RODAMCO/ADR (UNRDY), Equity Residential (EQR), Digital Realty (DLR), AvalonBay Communities (AVB), Welltower (WELL), GGP (GGP), Ventas (VTR), SBA Communications (SBAC), Boston Properties (BXP), Host Hotels & Resorts (HST), Essex Property Trust (ESS), Realty Income (O), Gecina (GECFF), Alexandria Real Estate Equities (ARE) and Vornado Realty Trust (VNO).
Who are VEREIT's key executives?
VEREIT'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 J.D., Exec. VP & COO (Age 57)
- Mr. Thomas W. Roberts, Exec. VP & Chief Investment Officer (Age 59)
- Ms. Lauren Goldberg, Exec. VP, Gen. Counsel & Sec. (Age 50)
Has VEREIT been receiving favorable news coverage?
News headlines about VER stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. VEREIT earned a daily sentiment score of 0.05 on Accern's scale. They also gave media headlines about the financial services provider an impact score of 47.46 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.
Who are VEREIT's major shareholders?
VEREIT's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.47%), Thompson Siegel & Walmsley LLC (2.51%), LSV Asset Management (2.04%), Centersquare Investment Management LLC (1.78%), JPMorgan Chase & Co. (1.64%) and Long Pond Capital LP (1.59%). Company insiders that own VEREIT stock include 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.
Which institutional investors are selling VEREIT stock?
VER stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Long Pond Capital LP, Millennium Management LLC, Wells Fargo & Company MN, Swiss National Bank, A.R.T. Advisors LLC, Cambridge Investment Research Advisors Inc. and Virginia Retirement Systems ET AL. View Insider Buying and Selling for VEREIT.
Which institutional investors are buying VEREIT stock?
VER stock was acquired by a variety of institutional investors in the last quarter, including Centersquare Investment Management LLC, Thompson Siegel & Walmsley LLC, JPMorgan Chase & Co., American Century Companies Inc., Russell Investments Group Ltd., LSV Asset Management, First Foundation Advisors and Kempen Capital Management N.V.. Company insiders that have bought VEREIT 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.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is VEREIT's stock price today?
One share of VER stock can currently be purchased for approximately $7.04.
How big of a company is VEREIT?
VEREIT has a market capitalization of $6.71 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 employs 330 workers across the globe.
How can I contact VEREIT?
VEREIT's mailing address is 2325 E. 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 (VER)MarketBeat's community ratings are surveys of what our community members think about VEREIT 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.
VEREIT (NYSE:VER) Price Target and Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
3 Wall Street analysts have issued ratings and price targets for VEREIT in the last 12 months. Their average twelve-month price target is $8.00, suggesting that the stock has a possible upside of 13.64%. The high price target for VER is $9.00 and the low price target for VER is $7.00. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of "Hold."
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Buy||Buy||Buy|
|Consensus Rating Score: ||2.33||2.50||2.75||2.50|
|Ratings Breakdown: ||0 Sell Rating(s)|
2 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
2 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
1 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
1 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$8.00||$8.3333||$9.3333||$10.00|
|Price Target Upside: ||13.64% upside||22.73% upside||36.45% upside||26.74% upside|
VEREIT (NYSE:VER) Consensus Price Target History
VEREIT (NYSE:VER) Analyst Ratings History
(Data available from 5/24/2016 forward)
VEREIT (NYSE:VER) Dividend Information
VEREIT pays an annual dividend of $0.55 per share, with a dividend yield of 7.81%. VER's next quarterly dividend payment will be made on Monday, July 16. VEREIT pays out 78.57% of its earnings out as a dividend.
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio(s):||78.57% (Trailing 12 Months of Earnings) |
79.71% (Based on This Year's Estimates)
78.57% (Based on Next Year's Estimates)
66.25% (Based on Cash Flow)
VEREIT (NYSE:VER) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
VEREIT (NYSE VER) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.14%
Institutional Ownership Percentage: 85.69%
VEREIT (NYSE VER) Insider Trading History
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|5/22/2017||William Craig Jr. Miller||Insider||Buy||12,725||$7.86||$100,018.50||223,381|| |
|5/17/2017||Paul H Mcdowell||Insider||Buy||7,000||$7.51||$52,570.00||289,401|| |
|5/16/2017||Julie Richardson||Director||Buy||15,000||$7.46||$111,900.00||65,028|| |
|5/15/2017||Thomas W Roberts||Insider||Buy||15,000||$7.60||$114,000.00||599,876|| |
|5/8/2017||Glenn J Rufrano||CEO||Buy||32,000||$7.81||$249,920.00||1,962,657|| |
|5/5/2017||Hugh R Frater||Insider||Buy||10,000||$7.81||$78,100.00||37,486|| |
|6/8/2016||Thomas W Roberts||Insider||Sell||100,000||$9.82||$982,000.00||471,561|| |
|11/10/2015||Michael J Bartolotta||Insider||Buy||30,500||$8.06||$245,830.00||116,814|| |
|9/11/2015||Hugh R Frater||Director||Buy||31,000||$7.91||$245,210.00||12,049|| |
|8/25/2015||Hugh R Frater||Director||Buy||31,000||$8.04||$249,240.00||12,049|| |
|8/24/2015||Glenn J Rufrano||CEO||Buy||120,000||$8.19||$982,800.00||749,441|| |
|7/11/2014||William G Stanley||Director||Buy||10,000||$12.66||$126,600.00|| |
|6/25/2014||Richard A Silfen||EVP||Buy||4,850||$12.34||$59,849.00|| |
|6/25/2014||William G Stanley||Director||Buy||18,000||$12.39||$223,020.00|| |
|6/11/2014||Richard A Silfen||EVP||Buy||7,500||$11.80||$88,500.00|| |
|5/21/2014||Scott Bowman||Director||Buy||10,000||$12.27||$122,700.00||2,000|| |
|5/16/2014||Scott Bowman||Director||Buy||10,000||$13.08||$130,800.00||2,000|| |
|4/21/2014||Edward Jr. Weil||Director||Buy||7,500||$13.28||$99,600.00||5,086|| |
|3/28/2014||Edward Jr. Weil||Director||Buy||10,000||$13.80||$138,000.00||5,086|| |
|3/28/2014||Lisa Beeson||COO||Buy||3,500||$13.88||$48,580.00||68,212|| |
|3/27/2014||Brian Block||CFO||Buy||20,000||$13.80||$276,000.00||5,159|| |
|3/27/2014||David Kay||President||Buy||15,000||$13.78||$206,700.00||7,500|| |
|3/27/2014||Nicholas Schorsch||CEO||Buy||50,000||$13.78||$689,000.00||8,254|| |
|3/27/2014||William Kahane||Director||Buy||25,000||$13.78||$344,500.00||5,613|| |
|1/17/2014||Leslie Michelson||Director||Buy||6,900||$13.53||$93,357.00||51,500|| |
|12/30/2013||Scott Bowman||Director||Buy||10,000||$12.75||$127,500.00||14,610|| |
|11/18/2013||Lisa Beeson||COO||Buy||7,500||$13.19||$98,925.00||7,500|| |
|11/18/2013||Peter Budko||EVP||Buy||20,000||$13.18||$263,600.00||384,754|| |
|11/15/2013||Edward Jr. Weil||Insider||Buy||15,000||$13.24||$198,600.00||121,707|| |
|11/15/2013||Nicholas Schorsch||CEO||Buy||30,000||$13.24||$397,200.00||1,314,811|| |
|8/20/2013||Brian Jones||COO||Buy||5,000||$13.05||$65,250.00||94,990|| |
|8/9/2013||Brian Block||CFO||Buy||25,000||$13.73||$343,250.00||90,049|| |
|8/9/2013||Peter Budko||EVP||Buy||50,000||$13.73||$686,500.00||364,754|| |
|4/11/2013||Brian D Jones||COO||Buy||3,000||$15.56||$46,680.00|| |
|4/11/2013||Brian S Block||CFO||Buy||10,000||$15.69||$156,900.00|| |
|4/11/2013||Nicholas S Schorsch||CEO||Buy||30,000||$15.69||$470,700.00|| |
|4/11/2013||Peter M Budko||EVP||Buy||30,001||$15.69||$470,715.69|| |
|3/4/2013||Brian D Jones||COO||Buy||2,000||$12.64||$25,280.00|| |
|3/4/2013||Edward M Jr. Weil||Insider||Buy||7,800||$12.82||$99,996.00|| |
|3/4/2013||William M Kahane||Director||Buy||50,000||$12.56||$628,000.00|| |
VEREIT (NYSE VER) News Headlines
|VEREIT® Enters Into New $2.9 Billion Unsecured Credit Facility|
finance.yahoo.com - May 23 at 5:15 PM
|VEREIT (VER) Cut to Outperform at Evercore ISI|
www.americanbankingnews.com - May 21 at 11:02 AM
|There's Light At The End Of The Tunnel For Vereit|
seekingalpha.com - May 21 at 8:37 AM
|Top Leasing Brokers Recognized by VEREIT® at ICSC RECon 2018 Special Event|
www.prnewswire.com - May 21 at 6:10 AM
|AK Steel corporate HQ building sells for $25M|
www.bizjournals.com - May 18 at 9:13 AM
|VEREIT® Announces Monthly Series F Preferred Stock Dividend for July 2018 through September 2018|
finance.yahoo.com - May 9 at 5:10 PM
|Form 4 VEREIT, Inc. For: May 03 Filed by: FRATER HUGH R|
www.streetinsider.com - May 8 at 5:12 PM
|Form 4 VEREIT, Inc. For: May 03 Filed by: ORDAN MARK S|
www.streetinsider.com - May 8 at 8:43 AM
|VEREIT's (VER) CEO Glenn Rufrano on Q1 2018 Results - Earnings Call Transcript|
seekingalpha.com - May 5 at 8:54 AM
|Edited Transcript of VER earnings conference call or presentation 4-May-18 5:00pm GMT|
finance.yahoo.com - May 5 at 8:54 AM
|VEREIT (VER) Announces Quarterly Earnings Results, Meets Expectations|
www.americanbankingnews.com - May 4 at 8:55 PM
|More on Vereit's inline Q1|
seekingalpha.com - May 4 at 8:40 AM
|VEREIT (VER) Reports Q1 EPS of $0.01|
www.streetinsider.com - May 4 at 8:40 AM
|BRIEF-Vereit Reports Q1 FFO Per Share $0.17|
www.reuters.com - May 4 at 8:40 AM
|VEREIT® Announces First Quarter 2018 Operating Results|
finance.yahoo.com - May 4 at 8:40 AM
|Vereit: 1Q Earnings Snapshot|
finance.yahoo.com - May 4 at 8:40 AM
|VEREIT misses by $0.015, beats on revenue|
seekingalpha.com - May 4 at 6:16 AM
|VEREIT (VER) Given Consensus Rating of "Hold" by Analysts|
www.americanbankingnews.com - May 3 at 5:32 AM
|ValuEngine Lowers VEREIT (VER) to Sell|
www.americanbankingnews.com - May 2 at 2:38 PM
|Short Interest in VEREIT (VER) Drops By 9.6%|
www.americanbankingnews.com - May 1 at 1:16 AM
|VEREIT (VER) Set to Announce Quarterly Earnings on Friday|
www.americanbankingnews.com - April 27 at 1:16 AM
|How Financially Strong Is MPL Verbum SA. (WSE:VER)?|
finance.yahoo.com - April 26 at 8:37 AM
|VEREIT Target of Unusually High Options Trading (VER)|
www.americanbankingnews.com - April 26 at 6:38 AM
|Should You Be Tempted To Buy MPL Verbum SA. (WSE:VER) Because Of Its PE Ratio?|
finance.yahoo.com - April 19 at 8:41 AM
|Vereit: Making Sense Of Current Prices|
seekingalpha.com - April 17 at 9:02 AM
|Short Interest in VEREIT (VER) Rises By 17.6%|
www.americanbankingnews.com - April 15 at 1:34 AM
|Zacks Investment Research Downgrades VEREIT (VER) to Hold|
www.americanbankingnews.com - April 10 at 11:39 PM
|VEREIT (VER) Given Consensus Rating of "Hold" by Brokerages|
www.americanbankingnews.com - April 8 at 5:11 AM
|VEREIT® to Issue First Quarter 2018 Quarterly Report and Host Earnings Conference Call on Friday, May 4, 2018|
finance.yahoo.com - April 3 at 5:10 PM
|Form 4 VEREIT, Inc. For: Mar 29 Filed by: ORDAN MARK S|
www.streetinsider.com - April 3 at 8:52 AM
|Stifel Nicolaus Reiterates Hold Rating for VEREIT (VER)|
www.americanbankingnews.com - April 2 at 3:42 PM
|NexPoint Residential Trst (NXRT) and Vereit (VER) Critical Review|
www.americanbankingnews.com - April 1 at 9:20 PM
|You can find value stocks today if you look in the right places.|
www.fool.com - March 31 at 8:41 AM
|VEREIT Inc. (VER) Ex-Dividend Date Scheduled for March 28, 2018|
www.nasdaq.com - March 27 at 4:56 PM
|Retail Landlords Sell Assets to Raise Cash|
www.wsj.com - March 27 at 8:59 AM
|Want To Invest In MPL Verbum SA. (WSE:VER)? Here’s How It Performed Lately|
finance.yahoo.com - March 26 at 8:53 AM
|Vereit Inc (VER) Announces $0.14 Quarterly Dividend|
www.americanbankingnews.com - March 23 at 12:14 PM
|BRIEF-Vereit Inc Says CEO Glenn J. Rufrano's 2017 Total Compensation Was $8.2 Mln - Reuters|
www.reuters.com - March 23 at 8:46 AM
|BRIEF-Vereit Inc Says CEO Glenn J. Rufrano's 2017 Total Compensation Was $8.2 Mln |
www.reuters.com - March 22 at 8:56 AM
|Vereit: Price Vs. Risk - Seeking Alpha|
seekingalpha.com - March 14 at 9:14 AM
|Vereit Inc (VER) Receives Average Rating of "Hold" from Analysts|
www.americanbankingnews.com - March 14 at 5:37 AM
|The MnM Portfolio, February 2018 - Employer Contributions Boost The Portfolio By $11k|
seekingalpha.com - March 13 at 8:54 AM
|VEREIT, Dividends, Financial Review, Analysts Target Price and Real Estate Portfolio|
finance.yahoo.com - March 13 at 8:54 AM
|Standard Life Aberdeen plc Has $3.74 Million Holdings in Vereit Inc (VER)|
www.americanbankingnews.com - March 5 at 4:03 PM
|Long Pond Capital LP Grows Holdings in Vereit Inc (VER)|
www.americanbankingnews.com - March 5 at 1:08 PM
|Schroder Investment Management Group Has $3.20 Million Position in Vereit Inc (VER)|
www.americanbankingnews.com - March 4 at 10:30 AM
|Vereit (VER) Earns "Hold" Rating from Mizuho|
www.americanbankingnews.com - March 3 at 7:48 PM
|Vereit Inc (VER) Shares Bought by Baird Financial Group Inc.|
www.americanbankingnews.com - March 2 at 4:42 AM
|Arizona State Retirement System Purchases 42,806 Shares of Vereit Inc (VER)|
www.americanbankingnews.com - March 1 at 4:32 AM
|First Republic Investment Management Inc. Has $2.89 Million Holdings in Vereit Inc (VER)|
www.americanbankingnews.com - February 28 at 10:54 AM
VEREIT (NYSE:VER) SEC Filings
This page is loading this company's SEC Filings. Please wait...
VEREIT (NYSE:VER) Income Statement, Balance Sheet and Cash Flow Statement
VEREIT (NYSE VER) Stock Chart for Thursday, May, 24, 2018