Analyst Ratings for VEREIT Inc. (VER)Updated: 2017-07-29
An average rating of Overweight has been given to VEREIT Inc. (NYSE:VER) by analysts covering the stock. About 30 days ago, VER was issued an average rating of Overweight.
4 analysts declared VER a buy, 1 gave an overweight rating, 3 issued a hold rating, 1 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. During this time, the number of analysts bearish on the stock has increased by 0.
Investment analysts gave a few price targets for VER. The maximum price target given was 11, implying a possible profit of 33.01 percent. The most pessimistic analyst gave a price target of 8.25, implying potential capital losses of -0.24 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -347.06 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -83.33 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
VER has traded between a high of 11.09 and a low of 7.44 over the past year. Today's price is 11.16 percent above the 52-week low, and 25.43 percent below the high. VER has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The VER value stock report compares VER to some of its peers using value stock charts. The market cap of VER is $8.11 billion. VER's next earnings release will be on 0000-00-00, which is days away.