NYSE - Delayed Quote USD

Veris Residential, Inc. (VRE)

14.54 -0.11 (-0.75%)
At close: April 26 at 4:00 PM EDT
14.54 0.00 (0.00%)
After hours: April 26 at 5:59 PM EDT
Key Events
Loading Chart for VRE
DELL
  • Previous Close 14.65
  • Open 14.54
  • Bid 14.09 x 1000
  • Ask 14.51 x 1300
  • Day's Range 14.50 - 14.88
  • 52 Week Range 13.07 - 18.98
  • Volume 476,123
  • Avg. Volume 606,039
  • Market Cap (intraday) 1.474B
  • Beta (5Y Monthly) 1.21
  • PE Ratio (TTM) --
  • EPS (TTM) -1.43
  • Earnings Date Jul 24, 2024 - Jul 29, 2024
  • Forward Dividend & Yield 0.21 (1.44%)
  • Ex-Dividend Date Apr 2, 2024
  • 1y Target Est 18.20

Veris Residential, Inc. is a forward-thinking, environmentally and socially conscious real estate investment trust (REIT) that primarily owns, operates, acquires and develops holistically-inspired, Class A multifamily properties that meet the sustainability-conscious lifestyle needs of today's residents while seeking to positively impact the communities it serves and the planet at large. The company is guided by an experienced management team and Board of Directors and is underpinned by leading corporate governance principle; a best-in-class and sustainable approach to operations; and an inclusive culture based on equality and meritocratic empowerment.

www.verisresidential.com

197

Full Time Employees

December 31

Fiscal Year Ends

Recent News: VRE

Performance Overview: VRE

Trailing total returns as of 4/26/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

VRE
7.23%
S&P 500
6.92%

1-Year Return

VRE
5.38%
S&P 500
25.26%

3-Year Return

VRE
8.73%
S&P 500
22.00%

5-Year Return

VRE
32.13%
S&P 500
74.29%

Compare To: VRE

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Statistics: VRE

Valuation Measures

Annual
As of 4/27/2024
  • Market Cap

    1.35B

  • Enterprise Value

    3.09B

  • Trailing P/E

    --

  • Forward P/E

    --

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    5.16

  • Price/Book (mrq)

    1.19

  • Enterprise Value/Revenue

    10.85

  • Enterprise Value/EBITDA

    35.70

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -31.59%

  • Return on Assets (ttm)

    0.43%

  • Return on Equity (ttm)

    -9.11%

  • Revenue (ttm)

    288.64M

  • Net Income Avi to Common (ttm)

    -131.44M

  • Diluted EPS (ttm)

    -1.43

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    112.7M

  • Total Debt/Equity (mrq)

    145.16%

  • Levered Free Cash Flow (ttm)

    422.37M

Research Analysis: VRE

Analyst Price Targets

14.00
18.20 Average
14.54 Current
26.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: VRE

Fair Value

14.54 Current
 

Dividend Score

0 Low
VRE
Sector Avg.
100 High
 

Hiring Score

0 Low
VRE
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
VRE
Sector Avg.
100 High
 

Research Reports: VRE

  • VRE: Raising target price to $12.00

    VERIS RESIDENTIAL INC has an Investment Rating of SELL; a target price of $12.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • VRE: Lowering target price to $11.00

    VERIS RESIDENTIAL INC has an Investment Rating of SELL; a target price of $11.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • VRE: Lowering target price to $12.00

    VERIS RESIDENTIAL INC has an Investment Rating of SELL; a target price of $12.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • VRE: What does Argus have to say about VRE?

    VERIS RESIDENTIAL INC has an Investment Rating of SELL; a target price of $13.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Medium.

    Rating
    Price Target
     

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