S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NYSE:VER

VEREIT Stock Forecast, Price & News

$50.30
-1.23 (-2.39%)
(As of 10/29/2021)
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Today's Range
$50.20
$51.64
50-Day Range
$45.23
$52.16
52-Week Range
$30.20
$52.53
Volume
29.65 million shs
Average Volume
2.04 million shs
Market Capitalization
$11.53 billion
P/E Ratio
50.30
Dividend Yield
3.68%
Beta
1.13
30 days | 90 days | 365 days | Advanced Chart
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VEREIT logo

About VEREIT

VEREIT, Inc. operates as a real estate investment trust, which provides real estate investment services. It owns and manages the portfolios of single-tenant commercial properties in the U.S. The company operates through the following segments: Real Estate Investment and Cole Capital. The Real Estate Investment segment acquires, owns and operates single tenant, freestanding, commercial real estate properties, primarily subject to long term net leases with high credit quality tenants. The Cole Capital segment engages in raising capital for and managing the affairs of certain non-traded real estate investment trusts. VEREIT was founded on December 2, 2010 and is headquartered in Phoenix, AZ.

Headlines

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Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
160
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.16 billion
Cash Flow
$3.24 per share
Book Value
$31.20 per share

Profitability

Net Income
$201.13 million
Pretax Margin
N/A

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$11.53 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/28/2021
Ex-Dividend
11/01/2021
Dividend Payable
11/15/2021
Today
11/29/2021
Next Earnings (Estimated)
2/23/2022

MarketRank

Overall MarketRank

2.11 out of 5 stars

Finance Sector

587th out of 1,340 stocks

Real Estate Investment Trusts Industry

138th out of 222 stocks

Analyst Opinion: 0.9Community Rank: 4.0Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -












VEREIT (NYSE:VER) Frequently Asked Questions

Is VEREIT a buy right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for VEREIT in the last twelve months. There are currently 1 sell rating and 6 hold ratings for the stock. The consensus among Wall Street 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.
View analyst ratings for VEREIT
or view top-rated stocks.

How has VEREIT's stock price been impacted by Coronavirus?

VEREIT's stock was trading at $37.30 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, VER shares have increased by 34.9% and is now trading at $50.30.
View which stocks have been most impacted by COVID-19
.

Are investors shorting VEREIT?

VEREIT saw a increase in short interest during the month of October. As of October 15th, there was short interest totaling 9,660,000 shares, an increase of 23.5% from the September 30th total of 7,820,000 shares. Based on an average daily trading volume, of 1,700,000 shares, the short-interest ratio is currently 5.7 days. Currently, 4.2% of the shares of the company are sold short.
View VEREIT's Short Interest
.

When is VEREIT's next earnings date?

VEREIT is scheduled to release its next quarterly earnings announcement on Wednesday, February 23rd 2022.
View our earnings forecast for VEREIT
.

How were VEREIT's earnings last quarter?

VEREIT, Inc. (NYSE:VER) announced its earnings results on Thursday, October, 28th. The financial services provider reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by $0.08. The financial services provider had revenue of $289.67 million for the quarter, compared to analyst estimates of $295.90 million. VEREIT had a trailing twelve-month return on equity of 3.87% and a net margin of 22.20%. VEREIT's revenue was down 1.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.15 EPS.
View VEREIT's earnings history
.

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

VEREIT declared a monthly dividend on Thursday, October 14th. Stockholders of record on Tuesday, November 2nd will be given a dividend of $0.154 per share on Monday, November 15th. This represents a $1.85 dividend on an annualized basis and a yield of 3.67%. The ex-dividend date of this dividend is Monday, November 1st. This is an increase from VEREIT's previous monthly dividend of $0.14.
View VEREIT's dividend history
.

Is VEREIT a good dividend stock?

VEREIT pays an annual dividend of $1.85 per share and currently has a dividend yield of 3.68%. The dividend payout ratio of VEREIT is 59.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VEREIT will have a dividend payout ratio of 54.57% next year. This indicates that VEREIT will be able to sustain or increase its dividend.
View VEREIT's dividend history.

When did VEREIT's stock split? How did VEREIT's stock split work?

VEREIT shares reverse split on the morning of 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.

What price target have analysts set for VER?

7 analysts have issued 1-year target prices for VEREIT's shares. Their forecasts range from $40.00 to $50.00. On average, they anticipate VEREIT's share price to reach $46.50 in the next year. This suggests that the stock has a possible downside of 7.6%.
View analysts' price targets for VEREIT
or view top-rated stocks among Wall Street analysts.

Who are VEREIT's key executives?

VEREIT's management team includes the following people:
  • Glenn J. Rufrano, Chief Executive Officer & Director
  • Paul H. McDowell, Chief Operating Officer & Executive Vice President
  • Michael J. Bartolotta, Chief Financial Officer, Treasurer & Executive VP
  • Thomas W. Roberts, Chief Investment Officer & Executive VP
  • Lauren Goldberg, Secretary, Executive VP & General Counsel

What is Glenn Rufrano's approval rating as VEREIT's CEO?

19 employees have rated VEREIT CEO Glenn Rufrano on Glassdoor.com. Glenn Rufrano has an approval rating of 71% among VEREIT's employees.

What other stocks do shareholders of VEREIT own?

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).

What is VEREIT's stock symbol?

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

Who are VEREIT's major shareholders?

VEREIT's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Cohen & Steers Inc. (17.51%), BlackRock Inc. (7.66%), Daiwa Securities Group Inc. (4.19%), Soros Fund Management LLC (1.90%), Millennium Management LLC (1.71%) and Geode Capital Management LLC (1.59%).
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 LSV Asset Management, Citigroup Inc., Water Island Capital LLC, BlackRock Inc., Two Sigma Advisers LP, Balyasny Asset Management LLC, Redwood Capital Management LLC, and First Foundation Advisors.
View insider buying and selling activity for VEREIT
or view top insider-selling stocks.

Which institutional investors are buying VEREIT stock?

VER stock was bought by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Millennium Management LLC, Soros Fund Management LLC, Tudor Investment Corp Et Al, Capitolis Advisors LLC, Daiwa Securities Group Inc., Grantham Mayo Van Otterloo & Co. LLC, and Allianz Asset Management GmbH.
View insider buying and selling activity for VEREIT
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is VEREIT's stock price today?

One share of VER stock can currently be purchased for approximately $50.30.

How much money does VEREIT make?

VEREIT has a market capitalization of $11.53 billion and generates $1.16 billion in revenue each year. The financial services provider earns $201.13 million in net income (profit) each year or $3.11 on an earnings per share basis.

How many employees does VEREIT have?

VEREIT employs 160 workers across the globe.

What is VEREIT's official website?

The official website for VEREIT is www.vereit.com.

Where are VEREIT's headquarters?

How can I contact VEREIT?

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].


This page was last updated on 11/29/2021 by MarketBeat.com Staff

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