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VEREIT, Inc. (VER)

Stock Price: $6.51 USD -0.03 (-0.46%)
Updated Jul 31, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 7.02B
Revenue (ttm) 1.22B
Net Income (ttm) -296.36M
Shares Out 1.08B
EPS (ttm) -0.34
PE Ratio n/a
Forward PE n/a
Dividend $0.55
Dividend Yield 8.45%

Stock Quote

Trading Day Jul 31, 2020
Last Price $6.51
Previous Close $6.54
Change ($) -0.03
Change (%) -0.46%
Day's Open 6.59
Day's Range 6.39 - 6.64
Day's Volume 11,319,022
52-Week Range 3.56 - 10.18

More Stats

Market Cap 7.02B
Enterprise Value 12.92B
Earnings Date (est) Aug 6, 2020
Ex-Dividend Date Jun 29, 2020
Shares Outstanding 1.08B
Float 1.07B
EPS (basic) -0.36
EPS (diluted) -0.34
FCF / Share -0.03
Dividend $0.55
Dividend Yield 8.45%
Earnings Yield n/a
FCF Yield n/a
Payout Ratio n/a
Shares Short 23.97M
Short Ratio 1.62
Short % of Float 2.60%
Beta 1.10
PE Ratio n/a
Forward PE n/a
P/FCF Ratio n/a
PS Ratio 5.74
PB Ratio 1.05
Revenue 1.22B
Operating Income -318.89M
Net Income -296.36M
Free Cash Flow -30.79M
Net Cash -5.90B
Net Cash / Share -5.48
Gross Margin 90.87%
Operating Margin -26.10%
Profit Margin -48.90%
FCF Margin -2.52%
ROA 2.52%
ROE -4.18%
ROIC -0.10%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (10)

Buy 3
Overweight 0
Hold 7
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$7.06*
(8.45% upside)
Low
5.00
Current: $6.51
High
8.00
Target: 7.06
*Average 12-month price target from 10 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 $14.8 billion including approximately 3,900 properties and 89.5 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.