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Veris Residential Inc VRE

Trading Information

Previous Close Price
$15.16
Day Range
$14.9015.10
52-Week Range
$13.0718.97
Bid/Ask
$15.05 / $15.07
Market Cap
$1.39 Bil
Volume/Avg
272,344 / 594,964

Key Statistics

Price/Earnings (Normalized)
Price/Sales
5.46
Dividend Yield (Trailing)
1.02%
Dividend Yield (Forward)
1.39%
Total Yield
1.07%

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

Competitors

Valuation

Metric
VRE
KRC
SLG
Price/Earnings (Normalized)
18.74
Price/Book Value
1.230.730.97
Price/Sales
5.463.514.09
Price/Cash Flow
33.776.5715.72
Price/Earnings
VRE
KRC
SLG

Financial Strength

Metric
VRE
KRC
SLG
Quick Ratio
0.441.840.62
Current Ratio
1.471.860.74
Interest Coverage
−0.172.89−3.39
Quick Ratio
VRE
KRC
SLG

Profitability

Metric
VRE
KRC
SLG
Return on Assets (Normalized)
−2.70%2.41%−5.25%
Return on Equity (Normalized)
−8.23%4.92%−14.27%
Return on Invested Capital (Normalized)
0.23%3.27%−4.32%
Return on Assets
VRE
KRC
SLG
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REIT - Residential Industry Comparables

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Name
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Capital Allocation
Economic Moat
Market Cap
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MAA
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SUI
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AMH
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UDR
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ELS
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AIRC
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