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 most optimistic price target was 11, implying potential capital gains of 33.01 percent. The lowest price target was 8.25, implying potential capital losses of -0.24 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
In the trailing 52-weeks, VER hit 11.09 at the highest peak, while it's lowest trading point was 7.44. Currently the stock is 11.16 percent higher than its low, and 25.43 percent below the high. VER has a price/earnings 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.