Vereit Stock Price, News & Analysis (NYSE:VER)

$9.80
+0.05 (+0.51 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$9.69
Now: $9.80
$9.83
50-Day Range
$8.94
MA: $9.57
$9.81
52-Week Range
$6.88
Now: $9.80
$9.94
Volume19.07 million shs
Average Volume10.91 million shs
Market Capitalization$9.54 billion
P/E Ratio13.61
Dividend Yield5.62%
Beta0.53
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 total real estate investments of $15.6 billion including approximately 4,000 properties and 94.7 million square feet. VEREIT's business model provides equity capital to creditworthy corporations in return for long-term leases on their properties. Read More…

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone800-606-3610

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.26 billion
Cash Flow$0.5907 per share
Book Value$7.54 per share

Profitability

Net Income$-85,770,000.00

Miscellaneous

Employees180
Market Cap$9.54 billion
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable

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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 declared a quarterly dividend on Monday, August 5th. Stockholders of record on Monday, September 30th will be paid a dividend of $0.138 per share on Tuesday, October 15th. This represents a $0.55 annualized dividend and a dividend yield of 5.63%. The ex-dividend date of this dividend is Friday, September 27th. View Vereit's Dividend History.

How were Vereit's earnings last quarter?

Vereit Inc (NYSE:VER) announced its quarterly earnings data on Wednesday, August, 7th. The financial services provider reported $0.27 EPS for the quarter, topping the Zacks' consensus estimate of $0.17 by $0.10. The financial services provider earned $312.10 million during the quarter, compared to analysts' expectations of $314.95 million. Vereit had a return on equity of 4.23% and a net margin of 24.69%. Vereit's revenue for the quarter was down 1.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.18 EPS. View Vereit's Earnings History.

When is Vereit's next earnings date?

Vereit is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Vereit.

What guidance has Vereit issued on next quarter's earnings?

Vereit updated its FY 2019 earnings guidance on Wednesday, August, 7th. The company provided earnings per share (EPS) guidance of $0.68-0.70 for the period.

What price target have analysts set for VER?

6 brokerages have issued 12 month price objectives for Vereit's shares. Their forecasts range from $9.00 to $10.50. On average, they expect Vereit's share price to reach $9.5833 in the next twelve months. This suggests that the stock has a possible downside of 2.2%. View Analyst Price Targets for Vereit.

What is the consensus analysts' recommendation for Vereit?

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.

Has Vereit been receiving favorable news coverage?

Media headlines about VER stock have trended somewhat negative this week, InfoTrie reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Vereit earned a daily sentiment score of -1.3 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 news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Vereit.

Are investors shorting Vereit?

Vereit saw a increase in short interest in August. As of August 31st, there was short interest totalling 38,856,600 shares, an increase of 7.4% from the July 31st total of 36,165,800 shares. Based on an average daily volume of 10,880,000 shares, the short-interest ratio is currently 3.6 days. Approximately 4.0% of the shares of the company are sold short. View Vereit's Current Options Chain.

Who are some of Vereit's key competitors?

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), Vuzix (VUZI), Realty Income (O), Virtu Financial (VIRT), General Electric (GE), AT&T (T), Verizon Communications (VZ), Kinder Morgan (KMI), Physicians Realty Trust (DOC) and ANNALY CAP MGMT/SH (NLY).

Who are Vereit's key executives?

Vereit's management team includes the folowing people:
  • Mr. Glenn J. Rufrano, CEO & Director (Age 69)
  • Mr. Michael J. Bartolotta, Exec. VP & CFO (Age 62)
  • Mr. Paul H. McDowell, Exec. VP & COO (Age 59)
  • Mr. Thomas W. Roberts, Exec. VP & Chief Investment Officer (Age 60)
  • Ms. Lauren Goldberg, Exec. VP, Gen. Counsel & Sec. (Age 51)

Who are Vereit's major shareholders?

Vereit's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (13.95%), Cohen & Steers Inc. (12.06%), BlackRock Inc. (8.29%), BlackRock Inc. (8.29%), LSV Asset Management (2.79%) and Centersquare Investment Management LLC (2.00%). Company insiders that own Vereit stock include Gavin Brandon and Thomas W Roberts. View Institutional Ownership Trends for Vereit.

Which major investors are selling Vereit stock?

VER stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., BlackRock Inc., APG Asset Management US Inc., Canada Pension Plan Investment Board, Centersquare Investment Management LLC, Oregon Public Employees Retirement Fund, Bank of America Corp DE and Janus Henderson Group PLC. View Insider Buying and Selling for Vereit.

Which major investors are buying Vereit stock?

VER stock was purchased by a variety of institutional investors in the last quarter, including Brookfield Asset Management Inc., Cohen & Steers Inc., APG Asset Management N.V., AMP Capital Investors Ltd, Russell Investments Group Ltd., LSV Asset Management, California Public Employees Retirement System and Nuveen Asset Management LLC. 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, Robinhood, Fidelity and Charles Schwab.

What is Vereit's stock price today?

One share of VER stock can currently be purchased for approximately $9.80.

How big of a company is Vereit?

Vereit has a market capitalization of $9.54 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.

What is Vereit's official website?

The official website for Vereit is http://www.vereit.com/.

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 800-606-3610 or via email at [email protected]


MarketBeat Community Rating for Vereit (NYSE VER)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  414 (Vote Outperform)
Underperform Votes:  525 (Vote Underperform)
Total Votes:  939
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.
This page was last updated on 9/21/2019 by MarketBeat.com Staff

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