Log in

NYSE:VERVereit Stock Price, Forecast & News

$6.71
+0.03 (+0.45 %)
(As of 08/14/2020 04:00 PM ET)
Add
Compare
Today's Range
$6.59
Now: $6.71
$6.86
50-Day Range
$6.14
MA: $6.43
$6.73
52-Week Range
$3.56
Now: $6.71
$10.18
Volume9.19 million shs
Average Volume13.70 million shs
Market Capitalization$7.23 billion
P/E RatioN/A
Dividend Yield4.64%
Beta1.05
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. VEREIT is a publicly traded Maryland corporation listed on the New York Stock Exchange. VEREIT uses, and intends to continue to use, its Investor Relations website, which can be found at www.VEREIT.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD.
Read More
Vereit logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.2Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.07 out of 5 stars


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$1.24 billion
Cash Flow$0.19 per share
Book Value$6.41 per share

Profitability

Net Income$-300,350,000.00

Miscellaneous

Employees180
Outstanding Shares1,077,943,000
Market Cap$7.23 billion
Next Earnings Date11/4/2020 (Estimated)
OptionableOptionable
$6.71
+0.03 (+0.45 %)
(As of 08/14/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive VER News and Ratings via Email

Sign-up to receive the latest news and ratings for VER and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Vereit (NYSE:VER) Frequently Asked Questions

How has Vereit's stock price been impacted by COVID-19?

Vereit's stock was trading at $7.46 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, VER shares have decreased by 10.1% and is now trading at $6.71.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of 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
.

When is Vereit's next earnings date?

Vereit is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Vereit
.

How were Vereit's earnings last quarter?

Vereit Inc (NYSE:VER) posted its quarterly earnings data on Thursday, August, 6th. The financial services provider reported $0.04 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.15 by $0.11. The financial services provider earned $278.60 million during the quarter, compared to the consensus estimate of $278.29 million. Vereit had a negative net margin of 43.35% and a negative return on equity of 7.43%. The company's quarterly revenue was down 10.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.18 earnings per share.
View Vereit's earnings history
.

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

Vereit declared a quarterly dividend on Wednesday, August 5th. Investors of record on Wednesday, September 30th will be paid a dividend of $0.077 per share on Thursday, October 15th. This represents a $0.31 annualized dividend and a dividend yield of 4.59%. The ex-dividend date of this dividend is Tuesday, September 29th.
View Vereit's dividend history
.

What price target have analysts set for VER?

6 brokers have issued 12 month price objectives for Vereit's shares. Their forecasts range from $5.80 to $11.00. On average, they expect Vereit's stock price to reach $8.51 in the next year. This suggests a possible upside of 26.8% from the stock's current price.
View analysts' price targets for Vereit
.

Has Vereit been receiving favorable news coverage?

Media headlines about VER stock have been trending somewhat positive recently, InfoTrie reports. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Vereit earned a coverage optimism score of 0.6 on InfoTrie's scale. They also gave news stories 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 several days.
View the latest news about Vereit
.

Are investors shorting Vereit?

Vereit saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 31,150,000 shares, an increase of 55.2% from the June 15th total of 20,070,000 shares. Based on an average daily volume of 15,560,000 shares, the short-interest ratio is currently 2.0 days.
View Vereit's Short Interest
.

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), AT&T (T), ANNALY CAP MGMT/SH (NLY), Realty Income (O), Ford Motor (F), New Residential Investment (NRZ), Verizon Communications (VZ), Two Harbors Investment (TWO) and Energy Transfer LP Unit (ET).

Who are Vereit's key executives?

Vereit's management team includes the following 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)

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 Vanguard Group Inc. (14.65%), FMR LLC (3.62%), LSV Asset Management (2.81%), Cbre Clarion Securities LLC (2.04%), Sumitomo Mitsui Trust Holdings Inc. (1.29%) and Lasalle Investment Management Securities LLC (1.00%).
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 California Public Employees Retirement System, Vanguard Group Inc., New York State Common Retirement Fund, APG Asset Management N.V., Russell Investments Group Ltd., Robeco Institutional Asset Management B.V., FIL Ltd, and Bank of Montreal Can.
View insider buying and selling activity for Vereit
.

Which institutional investors are buying Vereit stock?

VER stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Lasalle Investment Management Securities LLC, APG Asset Management US Inc., Sumitomo Mitsui Trust Holdings Inc., Duff & Phelps Investment Management Co., Cbre Clarion Securities LLC, Nut Tree Capital Management LP, and Waterfront Capital Partners LLC.
View insider buying and selling activity 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 $6.71.

How big of a company is Vereit?

Vereit has a market capitalization of $7.23 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.

What is Vereit's official website?

The official website for Vereit is 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]

This page was last updated on 8/15/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.