NYSE:VER

VEREIT (VER) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$50.20
$51.64
50-Day Range
$45.23
$52.16
52-Week Range
$30.20
$52.53
Volume
29.65 million shs
Average Volume
2.04 million shs
Market Capitalization
$11.53 billion
P/E Ratio
50.30
Dividend Yield
3.68%
Price Target
N/A
VER stock logo

About VEREIT Stock (NYSE:VER)

VEREIT, Inc. operates as a real estate investment trust, which provides real estate investment services. It owns and manages the portfolios of single-tenant commercial properties in the U.S. The company operates through the following segments: Real Estate Investment and Cole Capital. The Real Estate Investment segment acquires, owns and operates single tenant, freestanding, commercial real estate properties, primarily subject to long term net leases with high credit quality tenants. The Cole Capital segment engages in raising capital for and managing the affairs of certain non-traded real estate investment trusts. VEREIT was founded on December 2, 2010 and is headquartered in Phoenix, AZ.

VER Stock News Headlines

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See More Headlines
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Company Calendar

Last Earnings
10/28/2021
Today
4/24/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real Estate Investment Trusts
Sub-Industry
N/A
Fax
N/A
Employees
160
Year Founded
N/A

Profitability

Net Income
$201.13 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$1.16 billion
Cash Flow
$3.24 per share
Book Value
$31.20 per share

Miscellaneous

Free Float
N/A
Market Cap
$11.53 billion
Optionable
Optionable
Beta
1.13
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Key Executives

  • Glenn J. RufranoGlenn J. Rufrano
    Chief Executive Officer & Director
  • Paul H. McDowell
    Chief Operating Officer & Executive Vice President
  • Michael J. Bartolotta
    Chief Financial Officer, Treasurer & Executive VP
  • Thomas W. Roberts
    Chief Investment Officer & Executive VP
  • Lauren Goldberg
    Secretary, Executive VP & General Counsel

VER Stock Analysis - Frequently Asked Questions

How were VEREIT's earnings last quarter?

VEREIT, Inc. (NYSE:VER) posted its quarterly earnings data on Thursday, October, 28th. The financial services provider reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.33 by $0.08. The financial services provider earned $289.67 million during the quarter, compared to the consensus estimate of $295.90 million. VEREIT had a trailing twelve-month return on equity of 3.87% and a net margin of 22.20%. The company's revenue for the quarter was down 1.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.15 earnings per share.

Is VEREIT a good dividend stock?

VEREIT (NYSE:VER) pays an annual dividend of $1.85 per share and currently has a dividend yield of 3.68%. The dividend payout ratio is 59.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VER will have a dividend payout ratio of 54.57% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VER.

When did VEREIT's stock split?

VEREIT shares reverse split on Friday, December 18th 2020. The 1-5 reverse split was announced on Thursday, November 5th 2020. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, December 17th 2020. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

What is Glenn Rufrano's approval rating as VEREIT's CEO?

19 employees have rated VEREIT Chief Executive Officer Glenn Rufrano on Glassdoor.com. Glenn Rufrano has an approval rating of 71% among the company's employees.

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), AT&T (T), Vuzix (VUZI), Annaly Capital Management (NLY), Realty Income (O), Ford Motor (F), Verizon Communications (VZ), New Residential Investment (NRZ), Gilead Sciences (GILD) and Two Harbors Investment (TWO).

This page (NYSE:VER) was last updated on 4/24/2024 by MarketBeat.com Staff

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