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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/26/2021 | $50.00 | Overweight → Equal Weight | CapitalOne |
CapitalOne downgraded VEREIT from Overweight to Equal Weight and set a new price target of $50.00
Morgan Stanley reiterated coverage of VEREIT with a rating of Equal-Weight and set a new price target of $48.00 from $41.00 previously
BMO Capital Markets downgraded VEREIT from Outperform to Market Perform and set a new price target of $48.00 from $45.00 previously
PHOENIX, Feb. 24, 2021 /PRNewswire/ -- VEREIT, Inc. (NYSE: VER) ("VEREIT" or the "Company") announced today its operating results for the three months and full year ending December 31, 2020. 2020 Financial and Operating Highlights Net income of $201.2 million and net income per diluted share of $0.72 Achieved $3.11 AFFO per diluted share Rent collection of 98% for the fourth quarter Invested over $1.0 billion of capital, including approximately $280.0 million acquired for the institutional partnerships and $400.0 million allocated to the redemption of the Company's 6.7% Series F Preferred Stock Office dispositions totaled $332.5 million with an additional $88.9 million in strategic sal