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VEREIT, Inc. (VER)

Stock Price: $7.09 USD -0.25 (-3.41%)
Updated November 30, 4:00 PM EST - Market closed

Stock Price Chart

Key Info

Market Cap 7.74B
Revenue (ttm) 1.18B
Net Income (ttm) -3.79M
Shares Out 1.09B
EPS (ttm) 0.24
PE Ratio 29.54
Forward PE n/a
Dividend $0.31
Dividend Yield 4.37%

Stock Quote

Trading Day November 30
Last Price $7.09
Previous Close $7.34
Change ($) -0.25
Change (%) -3.41%
Day's Open 7.35
Day's Range 7.08 - 7.39
Day's Volume 13,396,082
52-Week Range 3.78 - 9.62

More Stats

Market Cap 7.74B
Enterprise Value 13.62B
Earnings Date (est) n/a
Ex-Dividend Date Sep 29, 2020
Shares Outstanding 1.09B
Float n/a
EPS (basic) 0.25
EPS (diluted) 0.24
FCF / Share -0.10
Dividend $0.31
Dividend Yield 4.37%
Earnings Yield 3.39%
FCF Yield n/a
Payout Ratio 171.60%
Shares Short 26.68M
Short Ratio 2.77
Short % of Float n/a
Beta 1.06
PE Ratio 29.54
Forward PE n/a
P/FCF Ratio n/a
PS Ratio 6.57
PB Ratio 1.24
Revenue 1.18B
Operating Income 469.60M
Net Income -3.79M
Free Cash Flow -102.23M
Net Cash -5.88B
Net Cash / Share -5.38
Gross Margin 93.94%
Operating Margin 39.84%
Profit Margin -0.30%
FCF Margin -8.67%
ROA 2.44%
ROE 4.60%
ROIC 3.20%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (9)

Buy 4
Overweight 0
Hold 5
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$7.75*
(9.31% upside)
Low
6.25
Current: $7.09
High
9.00
Target: 7.75
*Average 12-month price target from 9 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year201920182017201620152014201320122011
Revenue1,2371,2581,2521,3351,4411,57932967.213.97
Revenue Growth-1.64%0.45%-6.23%-7.33%-8.75%379.55%390.01%1592.87%-
Gross Profit1,1071,1311,1241,1911,3101,37530663.693.75
Operating Income-31577.61256189290-371-334-30.62-2.99
Net Income-314-90.2932.94-206-316-977-491-41.65-4.70
Shares Outstanding1,06896897497490590818511.167.32
Earnings Per Share-0.37-0.16-0.04-0.29-0.43-1.36-2.41-0.41-1.26
Dividend Per Share0.550.550.550.550.28----
Dividend Growth0%0%0%100%-----
Operating Cash Flow-10849479379886050311.929.44-0.26
Capital Expenditures-39.67-23.13-22.89-18.83-20.48-46.58-10.30-0.05-
Free Cash Flow-1474717707798394561.629.39-0.26
Cash & Equivalents33.8853.6661.8429812947988.652943.15
Total Debt5,9276,0886,0736,3678,06010,4264,34839072.67
Net Cash / Debt-5,893-6,034-6,012-6,069-7,931-9,946-4,260-96.04-69.52
Assets13,28113,96314,70615,58817,40620,4277,8092,182132
Liabilities6,4376,6636,6636,9688,69211,0455,31151374.25
Book Value6,8367,1577,8848,4478,5249,1542,0731,65353.63
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name VEREIT, Inc.
Country United States
Employees 160
CEO Glenn J. Rufrano

Stock Information

Ticker Symbol VER
Stock Exchange New York Stock Exchange
Sector Real Estate
Industry REIT—Diversified
Unique Identifier NYSE: VER
IPO Date September 7, 2011

Description

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 $14.6 billion including approximately 3,800 properties and 88.9 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.