VEREIT Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for VEREIT in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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.
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Wall Street analysts have given VEREIT a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but VEREIT wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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VEREIT saw a increase in short interest in the month of February. As of February 26th, there was short interest totaling 5,050,000 shares, an increase of 25.0% from the February 11th total of 4,040,000 shares. Based on an average daily trading volume, of 2,220,000 shares, the short-interest ratio is currently 2.3 days. Approximately 2.2% of the company's stock are short sold.
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VEREIT is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for VEREIT.

VEREIT will be holding an earnings conference call on Thursday, May 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

VEREIT, Inc. (NYSE:VER) released its quarterly earnings results on Thursday, November, 5th. The financial services provider reported $0.40 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.75 by $0.35. The financial services provider had revenue of $295.30 million for the quarter, compared to analyst estimates of $283.90 million. VEREIT had a net margin of 26.30% and a trailing twelve-month return on equity of 4.73%. The company's quarterly revenue was down 2.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.90 EPS.
View VEREIT's earnings history.

VEREIT's stock was trading at $37.30 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, VER shares have increased by 8.2% and is now trading at $40.37.
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VEREIT announced a quarterly dividend on Tuesday, February 23rd. Investors of record on Wednesday, March 31st will be given a dividend of $0.462 per share on Thursday, April 15th. This represents a $1.85 annualized dividend and a dividend yield of 4.58%. The ex-dividend date of this dividend is Tuesday, March 30th. This is a positive change from VEREIT's previous quarterly dividend of $0.08.
View VEREIT's dividend history.

VEREIT pays an annual dividend of $1.85 per share and currently has a dividend yield of 4.58%. VER has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. VEREIT does not yet have a strock track record of dividend growth. The dividend payout ratio of VEREIT is 53.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VEREIT will have a dividend payout ratio of 57.63% next year. This indicates that VEREIT will be able to sustain or increase its dividend.
View VEREIT's dividend history.

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 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.

VEREIT updated its FY21 earnings guidance on Wednesday, February, 24th. The company provided EPS guidance of $3.20-3.30 for the period, compared to the Thomson Reuters consensus estimate of $3.28.

8 brokers have issued 1-year target prices for VEREIT's shares. Their forecasts range from $33.75 to $48.00. On average, they expect VEREIT's share price to reach $40.29 in the next twelve months. This suggests that the stock has a possible downside of 0.2%.
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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 Welltower (WELL), SBA Communications (SBAC), Weyerhaeuser (WY), Equity Residential (EQR), AvalonBay Communities (AVB), Realty Income (O), Alexandria Real Estate Equities (ARE), Ventas (VTR), Extra Space Storage (EXR), Essex Property Trust (ESS), Healthpeak Properties (PEAK), Mid-America Apartment Communities (MAA), Sun Communities (SUI), Boston Properties (BXP) 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 variety of retail and institutional investors. Top institutional shareholders include Pensionfund DSM Netherlands (0.05%), State of Alaska Department of Revenue (0.04%), Pensionfund Sabic (0.02%) and Private Capital Group LLC (0.00%). 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 Pensionfund DSM Netherlands, Pensionfund Sabic, and Private Capital Group LLC.
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VER stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue.
View insider buying and selling activity for VEREIT or or view top insider-buying stocks.

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 $40.37.

VEREIT has a market capitalization of $9.25 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 $3.47 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]