NYSE:VER - Vereit Stock Price, Forecast & News

Vereit's stock was trading at $7.46 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, VER shares have decreased by 33.2% and is now trading at $4.98. View which stocks have been mosted impacted by Coronavirus.

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.

Vereit is scheduled to release its next quarterly earnings announcement on Wednesday, May 13th 2020. View our earnings forecast for Vereit.

Vereit Inc (NYSE:VER) posted its earnings results on Wednesday, February, 26th. The financial services provider reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.16 by $0.11. The financial services provider earned $305.40 million during the quarter, compared to the consensus estimate of $299.30 million. Vereit had a negative return on equity of 4.22% and a negative net margin of 24.28%. The company's revenue for the quarter was down 2.5% on a year-over-year basis. During the same quarter last year, the company earned $0.17 earnings per share. View Vereit's earnings history.

Vereit announced a quarterly dividend on Wednesday, February 26th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.138 per share on Wednesday, April 15th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 11.08%. The ex-dividend date is Monday, March 30th. View Vereit's dividend history.

Vereit issued an update on 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 price objectives for Vereit's shares. Their forecasts range from $9.00 to $11.00. On average, they expect Vereit's stock price to reach $10.07 in the next twelve months. This suggests a possible upside of 102.2% from the stock's current price. View analysts' price targets for Vereit.

Headlines about VER stock have trended very negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Vereit earned a daily sentiment score of -3.7 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near term. View the latest news aboutVereit.

Some companies that are related to Vereit include Welltower (WELL), Realty Income (O), Simon Property Group (SPG), Alexandria Real Estate Equities (ARE), Essex Property Trust (ESS), Boston Properties (BXP), Weyerhaeuser (WY), Extra Space Storage (EXR), Mid-America Apartment Communities (MAA), HCP (HCP), Duke Realty (DRE), Sun Communities (SUI), Ventas (VTR), UDR (UDR) and WP Carey (WPC).

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

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

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 $4.98.

Vereit has a market capitalization of $5.37 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 $0.69 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]vereit.com.