NYSE:VER - Vereit Stock Price, Forecast & News

Vereit trades on the New York Stock Exchange (NYSE) under the ticker symbol "VER."

Vereit announced a quarterly dividend on Tuesday, November 5th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.138 per share on Wednesday, January 15th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 5.66%. The ex-dividend date is Monday, December 30th. View Vereit's Dividend History.

Vereit Inc (NYSE:VER) announced its quarterly earnings data on Wednesday, November, 6th. The financial services provider reported ($0.76) earnings per share for the quarter, missing the consensus estimate of $0.17 by $0.93. The financial services provider had revenue of $302.99 million for the quarter, compared to the consensus estimate of $306.69 million. Vereit had a negative net margin of 27.65% and a negative return on equity of 4.76%. The business's quarterly revenue was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.18 earnings per share. View Vereit's Earnings History.

Vereit is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Vereit.

Vereit updated its FY20 earnings guidance on Wednesday, February, 26th. The company provided earnings per share guidance of $0.64-$0.66 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.66.

7 Wall Street analysts have issued 12-month target prices for Vereit's shares. Their forecasts range from $9.00 to $11.00. On average, they anticipate Vereit's stock price to reach $10.07 in the next year. This suggests a possible upside of 3.3% from the stock's current price. View Analyst Price Targets for Vereit.

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

Media stories about VER stock have been trending positive on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Vereit earned a news impact score of 3.0 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Vereit.

Some companies that are related to Vereit include Public Storage (PSA), Welltower (WELL), SBA Communications (SBAC), Equity Residential (EQR), AvalonBay Communities (AVB), DIGITAL RLTY TR/SH (DLR), Realty Income (O), Ventas (VTR), Boston Properties (BXP), Weyerhaeuser (WY), Essex Property Trust (ESS), Alexandria Real Estate Equities (ARE), HCP (HCP), Mid-America Apartment Communities (MAA) and Sun Communities (SUI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Vereit investors own include Opko Health (OPK), Vuzix (VUZI), AT&T (T), Realty Income (O), Virtu Financial (VIRT), General Electric (GE), ANNALY CAP MGMT/SH (NLY), Verizon Communications (VZ), New Residential Investment (NRZ) and Ford Motor (F).

Vereit's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Cohen & Steers Inc. (8.70%), FMR LLC (3.34%), LSV Asset Management (3.13%), Daiwa Securities Group Inc. (2.68%), Resolution Capital Ltd (1.45%) and Brookfield Public Securities Group LLC (1.31%). Company insiders that own Vereit stock include Gavin Brandon 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 PGGM Investments, Russell Investments Group Ltd., Renaissance Technologies LLC, Marshall Wace North America L.P., Bank of America Corp DE, BNP PARIBAS ASSET MANAGEMENT Holding S.A., Redwood Capital Management LLC and KBC Group NV. View Insider Buying and Selling for Vereit.

VER stock was acquired by a variety of institutional investors in the last quarter, including Fir Tree Capital Management LP, Daiwa Securities Group Inc., Cohen & Steers Inc., LSV Asset Management, UBS Group AG, Westwood Holdings Group Inc., FMR LLC and Resolution Capital Ltd. View Insider Buying and Selling 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 $9.75.

Vereit has a market capitalization of $10.41 billion and generates $1.26 billion in revenue each year. The financial services provider earns $-85,770,000.00 in net income (profit) each year or $0.72 on an earnings per share basis. Vereit employs 180 workers across the globe.View Additional Information About Vereit.

The official website for Vereit is http://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]