NYSE:VER - Vereit Stock Price, Price Target & More

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

Vereit declared a quarterly dividend on Thursday, May 3rd. Investors of record on Friday, June 29th will be given a dividend of $0.138 per share on Monday, July 16th. This represents a $0.55 dividend on an annualized basis and a yield of 7.33%. The ex-dividend date of this dividend is Thursday, June 28th. View Vereit's Dividend History.

Vereit announced that its Board of Directors has authorized a share repurchase program on Sunday, June 4th 2017, which permits the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's board of directors believes its stock is undervalued.

Vereit Inc (NYSE:VER) announced its quarterly earnings data on Friday, May, 4th. The financial services provider reported $0.01 EPS for the quarter, missing the Zacks' consensus estimate of $0.18 by $0.17. The financial services provider earned $290.60 million during the quarter, compared to analyst estimates of $299.80 million. Vereit had a net margin of 3.78% and a return on equity of 0.94%. Vereit's quarterly revenue was down 1.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.19 EPS. View Vereit's Earnings History.

Vereit is scheduled to release their next quarterly earnings announcement on Friday, August, 3rd 2018. View Earnings Estimates for Vereit.

4 brokerages have issued twelve-month target prices for Vereit's shares. Their forecasts range from $7.00 to $9.00. On average, they anticipate Vereit's share price to reach $8.00 in the next twelve months. This suggests a possible upside of 6.2% from the stock's current price. View Analyst Ratings for Vereit.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vereit in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Vereit include Weyerhaeuser (WY), AvalonBay Communities (AVB), DIGITAL Rlty Tr/SH SH (DLR), Equity Residential (EQR), Welltower (WELL), UNIBAIL-RODAMCO/ADR (UNRDY), Ventas (VTR), GGP (GGP), Boston Properties (BXP), SBA Communications (SBAC), Essex Property Trust (ESS), Host Hotels and Resorts (HST), Realty Income (O), Vornado Realty Trust (VNO) and Alexandria Real Estate Equities (ARE).

News articles about VER stock have been trending somewhat negative recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Vereit earned a coverage optimism score of -0.01 on Accern's scale. They also gave media headlines about the financial services provider an impact score of 45.76 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Vereit's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Bank of Montreal Can (0.25%), Financial & Investment Management Group Ltd. (0.10%), State of Alaska Department of Revenue (0.04%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.04%), Clinton Group Inc. (0.02%) and DnB Asset Management AS (0.02%). Company insiders that own Vereit stock include Glenn J Rufrano, Hugh R Frater, Julie Richardson, Paul H Mcdowell, Thomas W Roberts and William Craig Jr Miller. View Institutional Ownership Trends for Vereit.

VER stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Financial & Investment Management Group Ltd. and State of Alaska Department of Revenue. View Insider Buying and Selling for Vereit.

VER stock was acquired by a variety of institutional investors in the last quarter, including Clinton Group Inc., Fjarde AP Fonden Fourth Swedish National Pension Fund, IFM Investors Pty Ltd and DnB Asset Management AS. Company insiders that have bought Vereit stock in the last two years include Glenn J Rufrano, Hugh R Frater, Julie Richardson, Paul H Mcdowell, Thomas W Roberts and William Craig Jr Miller. 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, Scottrade, Fidelity and Charles Schwab.

One share of VER stock can currently be purchased for approximately $7.53.

Vereit has a market capitalization of $7.45 billion and generates $1.25 billion in revenue each year. The financial services provider earns $31.81 million in net income (profit) each year or $0.70 on an earnings per share basis. Vereit employs 330 workers across the globe.

Vereit's mailing address is 2325 E. CAMELBACK ROAD SUITE 1100, PHOENIX AZ, 85016. The financial services provider can be reached via phone at 800-606-3610 or via email at [email protected]