VER News and Press, VEREIT Inc. From 04/29/21

Shares of real estate investment trust (REIT) VEREIT (NYSE: VER) rose a dramatic 19% as trading got under way on April 29. The big news driving the advance is that net lease peer Realty Income (NYSE: O) is buying it out in an all-stock deal. Interestingly, however, Realt...

Galera Therapeutics (GRTX) +41% on updating data from pancreatic cancer trial.Willamette Valley Vineyards (WVVI) +18%.Nokia Corporation (NOK) +17% on Q1 results.VEREIT (VER) +17% as Realty Income to acquire the company.Enlivex Therapeutics (ENLV) +13%.Pluristem Therapeutics (PS...

Realty Income (O) agrees to acquire Vereit (VER) in an all stock transaction then plans to spin off their office properties into a new REIT — moves that it says will increase its size, scale, and diversification.The transactions are expected to strengthen Realty Income's cash flow dura...

Realty Income To Merge With VEREIT® In All-Stock Transaction - All-Stock Transaction Expected to Generate 10%+ Accretion to Annualized AFFO per Share - Enhanced Size, Scale, Diversification and Synergies to Drive Future Growth and Value Creation - Expect to Spin-Off...

U.S. equity markets closed on the cusp of record highs as a strong slate of housing data and corporate earnings reports offset concerns over President Biden's proposed capital gains tax hike. Narrowly snapping a four-week winning streak, the S&P 500 finished lower by 0.1% on the w...

Real estate earnings season kicks off this week. We'll see results from more than 175 equity REITs, 40 mortgage REITs, and dozens of housing industry companies over the next month. REITs are off to a hot start to 2021 with a record-setting quantity of dividend increases. 51 equity REI...

A preview of earnings for the real estate investment trust sector has Mizuho looking for a bit more winning from the "winners" of the COVID-19 pandemic so far. The reopening trade that has driven REITs to outperform the broader market still has some legs, the firm says, particularly with some...

U.S. equity markets rallied to fresh record-highs this past week as long-term interest rates and inflation expectations pulled back despite a stellar slate of economic data and corporate earnings reports. Concerns over the impact of a temporary safety-related halt of the Johnson &...

Shares of VEREIT Inc. (NYSE:VER) traded today at $41.24, eclipsing its 52-week high. Approximately 268,000 shares have changed hands today, as compared to an average 30-day volume of 1.7 million shares. VEREIT Inc. (NYSE:VER) is currently priced 0.8% above its average consensus analyst p...

VER suffered a 50%+ pullback at the onset of the pandemic, but it has also rebounded more strongly than its closest net lease peers. Today, the stock remains cheap - much cheaper than its peers and cheaper than it deserves to be. Moreover, after a dividend cut at the beginning of ...