NYSE:VER - Vereit Stock Price, Forecast & News

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

Vereit declared a quarterly dividend on Tuesday, November 5th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.138 per share on Wednesday, January 15th. This represents a $0.55 annualized dividend and a dividend yield of 5.67%. The ex-dividend date of this dividend is Monday, December 30th. View Vereit's Dividend History.

Vereit Inc (NYSE:VER) issued its quarterly earnings results on Wednesday, November, 6th. The financial services provider reported ($0.76) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.17 by $0.93. The financial services provider earned $302.99 million during the quarter, compared to analyst estimates of $306.69 million. Vereit had a negative return on equity of 4.76% and a negative net margin of 27.65%. Vereit's quarterly revenue was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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 issued an update on its FY19 earnings guidance on Wednesday, November, 6th. The company provided earnings per share (EPS) guidance of $0.68-0.70 for the period, compared to the Thomson Reuters consensus estimate of $0.69.

7 analysts have issued 12 month price targets for Vereit's stock. Their forecasts range from $9.00 to $11.00. On average, they expect Vereit's share price to reach $9.93 in the next year. This suggests a possible upside of 2.0% 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 coverage about VER stock has trended very positive this week, according to InfoTrie. The research firm rates the sentiment of media 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 media sentiment score of 3.3 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the company's share price in the immediate future. View News Stories for Vereit.

Some companies that are related to Vereit include Public Storage (PSA), Welltower (WELL), Equity Residential (EQR), AvalonBay Communities (AVB), SBA Communications (SBAC), DIGITAL RLTY TR/SH (DLR), Realty Income (O), Weyerhaeuser (WY), Boston Properties (BXP), Ventas (VTR), 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), Realty Income (O), AT&T (T), Virtu Financial (VIRT), General Electric (GE), ANNALY CAP MGMT/SH (NLY), Verizon Communications (VZ), Kinder Morgan (KMI) and New Residential Investment (NRZ).

Vereit's stock is owned by many different of retail and institutional investors. Top institutional investors include California Public Employees Retirement System (0.81%), PGGM Investments (0.22%), SG Americas Securities LLC (0.16%), Strs Ohio (0.13%), Zurcher Kantonalbank Zurich Cantonalbank (0.13%) and Real Estate Management Services LLC (0.09%). 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, First Hawaiian Bank, DNB Asset Management AS, Nisa Investment Advisors LLC, CenturyLink Investment Management Co, Zurcher Kantonalbank Zurich Cantonalbank, AE Wealth Management LLC and World Asset Management Inc. View Insider Buying and Selling for Vereit.

VER stock was purchased by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, California Public Employees Retirement System, Exchange Traded Concepts LLC, State of Alaska Department of Revenue, Strs Ohio, Alpine Global Management LLC, Hoover Financial Advisors Inc. and Sumitomo Mitsui DS Asset Management Company 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 $9.73.

Vereit has a market capitalization of $10.39 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]