Vereit (VER) Earning Somewhat Favorable News Coverage, Accern Reports

Media coverage about Vereit (NYSE:VER) has trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Vereit earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 47.6416779844769 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:

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Several research firms recently weighed in on VER. ValuEngine downgraded Vereit from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. Zacks Investment Research upgraded Vereit from a “sell” rating to a “hold” rating in a research report on Friday, February 2nd. Mizuho reaffirmed a “hold” rating and issued a $7.00 target price on shares of Vereit in a report on Friday, March 2nd. Finally, JMP Securities reduced their price objective on Vereit from $9.50 to $9.00 and set a “market outperform” rating on the stock in a research note on Friday, February 23rd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $8.85.

Vereit stock traded up $0.06 during trading on Thursday, reaching $6.90. The company’s stock had a trading volume of 1,578,762 shares, compared to its average volume of 9,337,178. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.33 and a current ratio of 0.33. The stock has a market capitalization of $6,761.63, a price-to-earnings ratio of -689.31 and a beta of 0.66. Vereit has a one year low of $6.62 and a one year high of $8.94.

Vereit (NYSE:VER) last issued its quarterly earnings data on Thursday, February 22nd. The financial services provider reported $0.18 EPS for the quarter, beating the consensus estimate of $0.17 by $0.01. Vereit had a return on equity of 0.75% and a net margin of 2.38%. The firm had revenue of $316.60 million during the quarter, compared to analyst estimates of $284.78 million. During the same quarter in the prior year, the business posted $0.18 EPS. The business’s revenue for the quarter was down 3.3% compared to the same quarter last year. research analysts anticipate that Vereit will post 0.72 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, April 16th. Investors of record on Friday, March 30th will be given a $0.138 dividend. This represents a $0.55 annualized dividend and a dividend yield of 8.00%. The ex-dividend date is Wednesday, March 28th. Vereit’s payout ratio is -5,494.51%.

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About Vereit

VEREIT, Inc is a full-service real estate operating company. The Company owns and manages a diversified portfolio of retail, restaurant, office and industrial real estate assets. It operates through two segments: real estate investment (REI) segment and its investment management segment, Cole Capital.

Insider Buying and Selling by Quarter for Vereit (NYSE:VER)

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