9.76 0.00 (0.00%)
After hours: 4:31PM EST
|Bid||9.60 x 28000|
|Ask||9.95 x 41800|
|Day's Range||9.66 - 9.82|
|52 Week Range||7.79 - 10.13|
|Beta (5Y Monthly)||0.54|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 25, 2020|
|Forward Dividend & Yield||0.55 (5.67%)|
|Ex-Dividend Date||Dec 29, 2019|
|1y Target Est||10.18|
VEREIT, Inc. ("VEREIT" or the "Company") announced the income tax classification of its 2019 dividends for the Company's common stock (NYSE: VER) ("Common Stock") and 6.70% Series F Cumulative Redeemable Preferred Stock (NYSE: VER PRF) ("Series F Preferred Stock"). The tables below summarize the income tax classification of the dividends paid and the corresponding box number on the 2019 Form 1099-DIV. Stockholders are encouraged to consult with their tax advisors as to their specific tax treatment of VER and VER PRF dividends.
VEREIT, Inc. (NYSE: VER) ("VEREIT" or the "Company") announced today it has closed on an office partnership which will include three VEREIT office assets totaling approximately $137.5 million and 582,000 square feet. This partnership allows VEREIT to reduce balance sheet office exposure while utilizing the Company's in-house infrastructure to manage and increase the value of the enterprise.
Last year's fourth quarter was a rough one for investors and many hedge funds, which were naturally unable to overcome the big dip in the broad market, as the S&P 500 fell by about 4.8% during 2018 and average hedge fund losing about 1%. The Russell 2000, composed of smaller companies, performed even worse, trailing […]
Moody's Investors Service ("Moody's") changed the outlook to positive from stable for VEREIT Operating Partnership, L.P. ("VEREIT"), the main operating subsidiary of VEREIT, Inc. In the same rating action, Moody's affirmed the senior unsecured debt rating and its senior unsecured shelf rating at Baa3 and (P)Baa3, respectively.
Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of June. At Insider Monkey, we follow nearly 750 active hedge funds and notable investors and by analyzing their 13F filings, we can determine the stocks that they are […]
Kyros Law Offices is alerting investors of VEREIT, INC. (NYSE:VER), formerly American Realty Capital Properties (NASDAQ: ARCP) that it is filing legal claims on behalf of investors against the company stemming from the recent settlement of a shareholder securities fraud lawsuit.
PHOENIX, Nov. 21, 2019 /PRNewswire/ -- VEREIT, Inc. (VER) announced today that it intends to redeem 8,000,000 shares of its 6.70% Series F Cumulative Redeemable Preferred Stock ("Series F Preferred Stock"), representing approximately 20.58% of its approximately 38.9 million shares of Series F Preferred Stock, on December 21, 2019 (the "Redemption Date"). The shares of Series F Preferred Stock will be redeemed at a redemption price of $25.00 per share, plus accrued and unpaid dividends from December 15, 2019 to, but not including, the Redemption Date in an amount equal to $0.0279167 per share, for total proceeds of $25.0279167 per share (the "Redemption Price"). Payment of the Redemption Price will be made on December 23, 2019, the first business day after the Redemption Date.
PHOENIX , Nov. 19, 2019 /PRNewswire/ -- VEREIT, Inc. (NYSE: VER) ("VEREIT") announced today that its operating partnership, VEREIT Operating Partnership, L.P. (the "Operating Partnership" ...
PHOENIX, Nov. 18, 2019 /PRNewswire/ -- VEREIT, Inc. (VER) and VEREIT Operating Partnership, L.P. (together with VEREIT, Inc., "VEREIT" or the "Company") announced today that the Company and the staff of the Enforcement Division of the Securities Exchange Commission ("SEC") have reached agreement on the material terms of a negotiated resolution relating to the SEC's investigation of the matters disclosed in the Company's October 29, 2014 Form 8-K relating to, among other things, the preliminary results of an investigation conducted by the Company's audit committee regarding certain accounting practices. The agreement with the SEC staff, which is subject to documentation and approval by the SEC's Commissioners, includes payment of $8 million as a civil penalty.
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Vereit (VER) delivered FFO and revenue surprises of 4.12% and -2.17%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Announced Settlements of Pending Litigations Completed $887.0 Million Common Stock Offering Received Corporate Rating Upgrade to 'BBB' from Fitch Ratings PHOENIX , Nov. 6, 2019 /PRNewswire/ -- VEREIT, ...
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We have processed the filings of the more than 700 world-class investment firms that we track and now have access to the collective wisdom contained in […]
PHOENIX , Oct. 15, 2019 /PRNewswire/ -- As previously announced, VEREIT, Inc. (NYSE: VER) ("VEREIT" or the "Company") entered into a Stipulation and Agreement of Settlement (the "Derivative ...
PHOENIX , Oct. 2, 2019 /PRNewswire/ -- VEREIT, Inc. (NYSE: VER) ("VEREIT" or the "Company") announced that it expects to issue, jointly with its operating partnership, VEREIT Operating ...
PHOENIX, Sept. 26, 2019 /PRNewswire/ -- VEREIT, Inc. (VER) ("VEREIT" or the "Company") announced today that it closed its previously announced public offering of common stock. The Company sold a total of 94,300,000 shares of common stock in the offering, which included the full exercise of the underwriters' option to purchase additional shares. The net proceeds to the Company from the offering are approximately $887.2 million, before offering expenses.
PHOENIX, Sept. 23, 2019 /PRNewswire/ -- VEREIT, Inc. (VER) ("VEREIT" or the "Company") announced today that it has priced an underwritten public offering of 82,000,000 shares of common stock, upsized from 71,000,000 shares of common stock, for expected gross proceeds of approximately $779.0 million. The Company has also granted the underwriters an option to purchase up to 12,300,000 additional shares of common stock. Citigroup, Barclays and Morgan Stanley are serving as the underwriters of the offering.
PHOENIX, Sept. 23, 2019 /PRNewswire/ -- VEREIT, Inc. (VER) ("VEREIT" or the "Company"), announced today that it has commenced an underwritten public offering of 71,000,000 shares of common stock. The Company also expects to grant the underwriters an option to purchase up to 10,650,000 additional shares of common stock. Citigroup, Barclays and Morgan Stanley are serving as the underwriters of the offering.
It looks like VEREIT, Inc. (NYSE:VER) is about to go ex-dividend in the next 4 days. You can purchase shares before...
PHOENIX, Sept. 9, 2019 /PRNewswire/ -- VEREIT, Inc. (VER) announced today that VEREIT, Inc. and VEREIT Operating Partnership, L.P. (the "Operating Partnership" and, together with VEREIT, Inc., "VEREIT" or the "Company") entered into agreements to settle certain outstanding litigation, including the pending class action litigation, In re American Realty Capital Properties, Inc. Litigation, No. 1:15-mc-00040 (AKH) (the "Class Action") and the remaining opt out actions, Jet Capital Master Fund, L.P., et al. v. American Realty Capital Properties, Inc., et al., No. 1:15-cv-00307 -AKH and Lakewood Capital Partners, LP v. American Realty Capital Properties, Inc., et al., Index. No. 653676/2019, (together, the "Opt Out Actions") at a cost to the Company of approximately $765.5 million, comprised of a contribution of $738.5 million toward the Class Action settlement and $27.0 million toward the Opt Out Action settlements.