Veris Residential Inc VRE
Find similar stocks with Morningstar Investor.
Morningstar analysts do not currently cover VRE, but with our powerful screener, you can find stocks in the same sector, industry, or style and filter on our unbiased ratings and valuation metrics.
News
-
Veris Residential, Inc. Reports First Quarter 2024 Results
-
Veris Residential, Inc. Announces Dates for First Quarter 2024 Financial Results and Webcast
-
Veris Residential Declares Quarterly Cash Dividend
-
Veris Residential, Inc. Reports Fourth Quarter and Full Year 2023 Results
-
Veris Residential, Inc. Announces Dates for Fourth Quarter 2023 Financial Results and Webcast
Trading Information
- Previous Close Price
- $15.03
- Day Range
- $14.74–15.45
- 52-Week Range
- $13.07–18.98
- Bid/Ask
- $14.54 / $15.45
- Market Cap
- $1.38 Bil
- Volume/Avg
- 626,092 / 596,850
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 5.35
- Dividend Yield (Trailing)
- 1.04%
- Dividend Yield (Forward)
- 1.41%
- Total Yield
- 1.10%
Company Profile
Veris Residential Inc is a fully-integrated, self-administered and self-managed real estate investment trust (REIT). The company owns and operates a real estate portfolio comprised predominantly of multifamily rental properties located mainly in the Northeast and Class A office properties. The company performs substantially all real estate management, leasing, acquisition and development on an in-house basis. The properties are in three states in the Northeast, plus the District of Columbia. The company operates in two industry segments multifamily real estate & services and commercial & other real estate. The majority of revenue is from Multifamily real estate services.
- Sector
- Real Estate
- Industry
- REIT - Residential
- Stock Style Box
- Small Core
- Total Number of Employees
- 197
- Website
- https://www.verisresidential.com
Competitors
Valuation
|
Metric
|
VRE
|
KRC
|
SLG
|
|---|---|---|---|
Price/Earnings (Normalized) | — | 18.85 | — |
Price/Book Value | 1.21 | 0.74 | 0.95 |
Price/Sales | 5.35 | 3.58 | 4.01 |
Price/Cash Flow | 33.27 | 6.61 | 15.44 |
Price/Earnings
VRE
KRC
SLG
Financial Strength
|
Metric
|
VRE
|
KRC
|
SLG
|
|---|---|---|---|
Quick Ratio | 1.48 | 1.84 | 0.62 |
Current Ratio | 2.67 | 1.86 | 0.74 |
Interest Coverage | −0.08 | 2.89 | −3.39 |
Quick Ratio
VRE
KRC
SLG
Profitability
|
Metric
|
VRE
|
KRC
|
SLG
|
|---|---|---|---|
Return on Assets (Normalized) | −2.68% | 2.41% | −5.25% |
Return on Equity (Normalized) | −7.99% | 4.92% | −14.27% |
Return on Invested Capital (Normalized) | 0.35% | 3.27% | −4.32% |
Return on Assets
VRE
KRC
SLG
REIT - Residential Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
AVB
| AvalonBay Communities Inc | Qgqqvjkggv | Rvyhy | $27.4 Bil | |
EQR
| Equity Residential | Kzydqnzq | Npfz | $25.0 Bil | |
INVH
| Invitation Homes Inc | Wplsgmtx | Fpgt | $21.1 Bil | |
ESS
| Essex Property Trust Inc | Cvdybnqrw | Khmtn | $16.1 Bil | |
MAA
| Mid-America Apartment Communities Inc | — | Zcr | $15.5 Bil | |
SUI
| Sun Communities Inc | Jlzghdqpm | Qxc | $14.6 Bil | |
AMH
| American Homes 4 Rent Class A | — | Wtqnn | $13.1 Bil | |
UDR
| UDR Inc | — | Tydqm | $12.6 Bil | |
ELS
| Equity Lifestyle Properties Inc | Ccxkfjr | Xztc | $11.8 Bil | |
AIRC
| Apartment Income REIT Corp Class A | Yjhnvsjlz | Rgb | $5.6 Bil |