How Does VEREIT, Inc. (VER) Stack Up Right Now?

VEREIT, Inc. (VER) is an interesting player in the Financial space, with a focus on REIT – Diversified. The stock has been active on the tape, currently trading at $7.05, up from yesterday’s close by 0.43%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

VEREIT, Inc. (VER) currently trades with a market capitalization of $7.00 Billion. That value represents a market adjusting for revenues that have been growing by 0.48 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $772 Million over the past twelve months. Generally speaking, earnings are expected to hold steady in coming quarters. Analysts are forecasting earnings of $0 on a per share basis this quarter. Perhaps, that suggests something about why 0.43% of the outstanding share supply is held by institutional investors.



Technical Analysis

It’s important to check the technicals to get a sense of how VER has been acting. Looking at the stock’s movement on the chart, VEREIT, Inc. recorded a 52-week high of $8.94. It is now trading 1.89% off that level. The stock is trading $7.16 its 50-day moving average by 0.11%. The stock carved out a 52-week low down at $6.62.

In recent action, VEREIT, Inc. (VER) has made a move of +2.92% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 16.68, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 2.56% with $972.29 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of VER.

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