VEREIT, Inc. (NYSE:VER) went up by 1.49% from its latest closing price when compared to the 1-year high value of $10.18 and move down -49.27%, while VER stocks collected -0.29% of loss with the last five trading sessions. Press Release reported on 08/20/20 that VEREIT(R) Announces Partial Redemption of 6.70% Series F Cumulative Redeemable Preferred Stock and Provides August Rent Collection of 93%
VEREIT, Inc. (NYSE:VER) Worth an Investment?
VEREIT, Inc. (NYSE: VER) The 36 Months beta value for VER stocks is at 1.08, while 4 of the analysts out of 10 who provided ratings for VEREIT, Inc. stocks as a “buy” while 0 as overweight, 6 rated it as hold and 0 as sell. The average price we get from analysts is $7.18 which is $0.26 above current price. VER currently has a short float of 2.13% and public float of 1.07B with average trading volume of 11.47M shares.
VER Market Performance
VER stocks went down by -0.29% for the week, with the monthly jump of 7.06% and a quarterly performance of 7.40%, while its annual performance rate touched -30.48%. The simple moving average for the period of the last 20 days is 1.80% for VER stocks with the simple moving average of -6.42% for the last 200 days.
Analysts’ Opinion on VEREIT, Inc. (NYSE:VER)
Berenberg, on the other hand, stated in their research note that they expect to see VER stock at the price of $6.75. The rating they have provided for VER stocks is “Hold” according to the report published on July 10, 2020.
CapitalOne gave “ Equal Weight” rating to VER stocks, setting the target price at $10 in the report published on February 11, 2020.
VER Stocks 4.33% Far from 50 Day Moving Average
After a stumble in the market that brought VER to its low price for the period of the last 52 weeks, VEREIT, Inc. was unable to take a rebound, for now settling with -33.01% of loss for the given period.
The stock volatility was left at 3.53%, however, within the period of a single month, the volatility rate increased by 3.63%, while the shares surge at the distance of +4.28% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +2.25% upper at the present time.
In the course of the last 5 trading sessions, VER went down by -0.29%, which changed the moving average for the period of 200 days to the total of -27.91% of losses for the stock in comparison to the 20-day moving average settled at $6.71. In addition, VEREIT, Inc. saw -26.19% in overturn over the period of a single year with a tendency to cut further losses.
VER Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at VEREIT, Inc. (VER), starting from Roberts Thomas W, who sold 25,000 shares at the price of $9.87 back on Sep 17. After this action, Rushing now owns 303,455 shares of VEREIT, Inc., valued at $246,750 with the latest closing price.
VER Stock Fundamentals
The current profitability levels are settled at +22.59 for the present operating margin and +50.35 for gross margin. The net margin for VEREIT, Inc. stands at -24.28. Total capital return value is set at 2.14, while invested capital returns managed to touch -2.37. Equity return holds the value -8.40%, with -4.20% for asset returns.
Based on VEREIT, Inc. (VER), the company’s capital structure generated 86.70 points for debt to equity in total, while total debt to capital is set at the value of 46.44. Total debt to assets is settled at the value of 44.63 with long-term debt to equity ratio rests at 2.01 and long-term debt to capital is 78.92.
The value for Enterprise to Sales is 12.22 with debt to enterprise value settled at 0.39. The receivables turnover for VEREIT, Inc. is 4.02 with the total asset turnover at the value of 0.09.