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Veris Residential NYSE:VRE Stock Report

Last Price

US$14.50

Market Cap

US$1.5b

7D

-2.8%

1Y

2.8%

Updated

03 Apr, 2024

Data

Company Financials +

VRE Stock Overview

Veris Residential, Inc. es un fondo de inversión inmobiliaria (REIT) con visión de futuro y conciencia medioambiental y social que principalmente posee, gestiona, adquiere y desarrolla propiedades multifamiliares de clase A de inspiración holística que satisfacen las necesidades de estilo de vida consciente de la sostenibilidad de los residentes de hoy en día, a la vez que busca un impacto positivo en las comunidades a las que sirve y en el planeta en general.

VRE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends2/6

Veris Residential, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Veris Residential
Historical stock prices
Current Share PriceUS$14.50
52 Week HighUS$18.98
52 Week LowUS$13.07
Beta1.22
1 Month Change-1.83%
3 Month Change-3.46%
1 Year Change2.84%
3 Year Change-8.98%
5 Year Change-35.50%
Change since IPO-15.94%

Recent News & Updates

Recent updates

Veris's Future Profitability Is Unclear During Transition To Multifamily REIT

Dec 29

Veris Residential: A Turnaround In Process

Dec 23

Veris Residential: Newest Results Show An Improvement Of The Company's Operations (Upgrade)

Sep 12

Veris Residential FFO of $0.05 misses by $0.08, revenue of $86.2M misses by $1.15M

Feb 21

Veris Residential holder Madison International seeks possible board seat

Jan 13

Veris Residential gains after rejecting increased Kushner offer; open to dialogue

Dec 12

Veris Residential surges after it confirms $16/share buyout bid from Kushner

Oct 21

Veris Residential jumps on $766M sale of Jersey City properties

Oct 10

Veris Residential: Analysis Of The Newest 'Pure Play' Multi-Family REIT

Aug 16

Veris Residential: Look At Total Return, Not Just Dividends

Jul 28

Analysts Just Made A Substantial Upgrade To Their Mack-Cali Realty Corporation (NYSE:CLI) Forecasts

Jul 20
Analysts Just Made A Substantial Upgrade To Their Mack-Cali Realty Corporation (NYSE:CLI) Forecasts

Mack-Cali sells Red Bank Office portfolio for $84 Million

Jun 14

Mack-Cali Realty FFO beats by $0.04, misses on revenue

May 06

Mack-Cali: A Coattail Idea (With A Harborside View) That Could Double

Dec 22

Mack-Cali's Leverage And Office Related Risks Remain Worrisome

Dec 20

Mack-Cali Realty's (NYSE:CLI) Stock Price Has Reduced 42% In The Past Five Years

Dec 16
Mack-Cali Realty's (NYSE:CLI) Stock Price Has Reduced 42% In The Past Five Years

Mack-Cali Realty adds up $61M to its suburban assets sale

Dec 03

Shareholder Returns

VREUS Residential REITsUS Market
7D-2.8%-1.7%-0.8%
1Y2.8%-0.3%26.6%

Rentabilidad frente al sector: VRE superó al sector US Residential REITs , que obtuvo un rendimiento del 0.3% el año pasado.

Rentabilidad vs. Mercado: VRE obtuvo unos resultados inferiores a los del mercado US, que fue del 14.1% el año pasado.

Price Volatility

Is VRE's price volatile compared to industry and market?
VRE volatility
VRE Average Weekly Movement3.8%
Residential REITs Industry Average Movement3.1%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

Precio estable de las acciones: VRE no ha tenido una volatilidad de precios significativa en los últimos 3 meses.

Volatilidad a lo largo del tiempo: La volatilidad semanal de VRE (5%) se ha mantenido estable durante el año pasado.

About the Company

FoundedEmployeesCEOWebsite
1949197Mahbod Niahttps://www.verisresidential.com

Veris Residential, Inc. es un fondo de inversión inmobiliaria (REIT) con visión de futuro y concienciado con el medio ambiente y la sociedad que principalmente posee, gestiona, adquiere y desarrolla propiedades multifamiliares de clase A de inspiración holística que satisfacen las necesidades de estilo de vida consciente de la sostenibilidad de los residentes de hoy en día, al tiempo que tratan de influir positivamente en las comunidades a las que sirve y en el planeta en general. La empresa está dirigida por un equipo directivo y un Consejo de Administración experimentados y se basa en un principio de gobierno corporativo líder; un enfoque sostenible y de primera clase de las operaciones; y una cultura inclusiva basada en la igualdad y el empoderamiento meritocrático.

Veris Residential, Inc. Fundamentals Summary

How do Veris Residential's earnings and revenue compare to its market cap?
VRE fundamental statistics
Market capUS$1.46b
Earnings (TTM)-US$152.74m
Revenue (TTM)US$283.58m

4.7x

P/S Ratio

-8.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VRE income statement (TTM)
RevenueUS$283.58m
Cost of RevenueUS$122.85m
Gross ProfitUS$160.73m
Other ExpensesUS$313.48m
Earnings-US$152.74m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-1.66
Gross Margin56.68%
Net Profit Margin-53.86%
Debt/Equity Ratio142.1%

How did VRE perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

25%

Payout Ratio
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