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.
Many analysts weighed in on price targets for VER. The most optimistic analyst gave a price target of 11, which equates to a potential upside of 33.01 percent. The minimum price target given was 8.25, which equates to a potential downside of -0.24 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -347.06 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -83.33 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
VER has traded between a high of 11.09 and a low of 7.44 over the past year. The current market price is above the trailing year's low by 11.16 percent, and below the high by 25.43 percent. 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 stock has a market capitalization of $8.11 billion. VER's next earnings release will be on 0000-00-00, which is days away.