|Bid||6.32 x 29200|
|Ask||0.00 x 3200|
|Day's Range||6.61 - 6.78|
|52 Week Range||3.56 - 10.18|
|Beta (5Y Monthly)||1.07|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov. 04, 2020 - Nov. 09, 2020|
|Forward Dividend & Yield||0.31 (4.68%)|
|Ex-Dividend Date||Sep. 29, 2020|
|1y Target Est||6.98|
Vereit (VER) delivered FFO and revenue surprises of 0.00% and -0.49%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
As the performance of REITs depends on the underlying asset types and location of properties, not all companies suffered pandemic-related setbacks in Q2.
Vereit (VER) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.