Analysts See $0.18 EPS for Vereit Inc (VER)

October 13, 2017 - By Henry Gaston

 Analysts See $0.18 EPS for Vereit Inc (VER)

Analysts expect Vereit Inc (NYSE:VER) to report $0.18 EPS on November, 1.They anticipate $0.02 EPS change or 10.00 % from last quarter’s $0.2 EPS. VER’s profit would be $175.29 million giving it 11.68 P/E if the $0.18 EPS is correct. After having $0.18 EPS previously, Vereit Inc’s analysts see 0.00 % EPS growth. The stock increased 0.42% or $0.03 during the last trading session, reaching $8.41. About 12.92 million shares traded or 42.76% up from the average. Vereit Inc (NYSE:VER) has declined 16.92% since October 14, 2016 and is downtrending. It has underperformed by 33.62% the S&P500.

Vereit Inc (NYSE:VER) Ratings Coverage

Among 7 analysts covering VEREIT Inc (NYSE:VER), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. VEREIT Inc had 7 analyst reports since September 1, 2015 according to SRatingsIntel. DA Davidson initiated Vereit Inc (NYSE:VER) rating on Thursday, September 17. DA Davidson has “Neutral” rating and $8.50 target. The firm has “Mkt Outperform” rating by JMP Securities given on Monday, January 9. The firm earned “Buy” rating on Tuesday, September 1 by Goldman Sachs. The firm has “Overweight” rating by Capital One given on Friday, August 5. The rating was upgraded by JP Morgan to “Neutral” on Friday, November 6. As per Monday, December 21, the company rating was downgraded by CapitalOne. As per Friday, October 14, the company rating was initiated by Mizuho.

VEREIT, Inc. is a full-service real estate operating company. The company has market cap of $8.19 billion. The Firm operates through two business divisions: real estate investment segment and investment management segment, Cole Capital. It currently has negative earnings. As of December 31, 2016, through its REI segment, the Company owned and managed a portfolio of 4,142 retail, restaurant, office and industrial real estate properties with an aggregate of 93.3 million square feet, which are located in 49 states, Puerto Rico and Canada.

More news for Vereit Inc (NYSE:VER) were recently published by: Seekingalpha.com, which released: “Vereit: Estimating The Legal Costs” on October 02, 2017. Seekingalpha.com‘s article titled: “Vereit: Class Action Certified” and published on September 19, 2017 is yet another important article.

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