To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road. Finally, JMP Securities upgraded shares of Vereit from a market perform rating to an outperform rating in a report on Monday, January 9th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company's stock. The stock now has a consensus rating of "Hold" and an average price target of $9.80.
Currently, the market capitalization of VEREIT, Inc. The company rocked its 52-Week High of $11.09 and touched its 52-Week Low of $7.44.
The stock's 50 day moving average is 5.99 and its 200 day moving average is 6.68.
Vereit (NYSE:VER) last posted its earnings results on Thursday, May 4th. According to analysts minimum EPS for the current quarter is expected at -$0.01 and can go high up to -$0.01. The company had revenue of $348.03 million during the quarter, compared to analysts' expectations of $297.94 million.
Debt to Equity ratio stands at 0.76 while Long Term Debt To Equity Ratio flashes the value of 0.76. Sales growth past 5 years was measured at 225.70%. While in the same Quarter Previous year, the Actual EPS was $-0.01.
WARNING: This piece was posted by BBNS and is the property of of BBNS. If you are viewing this article on another website, it was stolen and republished in violation of US & global copyright and trademark legislation. Finally, Pacer Advisors Inc. boosted its position in shares of Vereit by 3.4% in the first quarter. Stockholders of record on Friday, June 30th will be given a dividend of $0.1375 per share. The ex-dividend date is Wednesday, June 28th. This represents a $0.55 annualized dividend and a yield of 7.16%. Vereit's dividend payout ratio (DPR) is now -141.02%. It becomes significant when you consider how many shares are shorted versus the average daily volume, means how many days to cover those short shares at that volume. The Company has 52-week high of $10.73 and 52-week low of $7.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The shares were acquired at an average price of $7.81 per share, for a total transaction of $249,920.00. Following the completion of the purchase, the insider now owns 37,486 shares in the company, valued at approximately $292,765.66. The disclosure for this purchase can be found here.
The number of shares traded in the last trading session was 11.19 Million. Great West Life Assurance Co. The stock now has Monthly Volatility of 2.08% and Weekly Volatility of 3.80%. Ltd. increased its position in shares of Vereit by 11.1% in the third quarter. Inside the closing six months period the stock's performance raised 14.83%. Consensus earnings estimates are far from ideal, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. Ltd. now owns 298,584 shares of the financial services provider's stock valued at $3,096,000 after buying an additional 29,718 shares during the period. The Weekly and Monthly Volatility stands at 4.12% and 2.26%. Investors measure stock performance on the basis of a company's earnings power.