Digging Up the Facts on VEREIT, Inc. (VER)

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 $7.26, up from yesterday’s close by 0.14%. 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 $7.06 Billion. That value represents a market adjusting for revenues that have been falling by -1.81 % 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 $735.88 Million over the past twelve months. Generally speaking, earnings are expected to hold steady in coming quarters. Analysts are forecasting earnings of -$0.01 on a per share basis this quarter. Perhaps, that suggests something about why 0.58% of the outstanding share supply is held by institutional investors.

Technical Analysis

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, VEREIT, Inc. recorded a 52-week high of $8.75. It is now trading 1.49% off that level. The stock is trading $6.94 its 50-day moving average by -0.32%. The stock carved out a 52-week low down at $6.52.

In recent action, VEREIT, Inc. (VER) has made a move of +3.86% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.57, 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 2.73% with $966.76 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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