Veris Residential Inc VRE
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News
-
Veris Residential, Inc. Reports Second Quarter 2024 Results
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Veris Residential, Inc. Announces Dates for Second Quarter 2024 Financial Results and Webcast
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Veris Residential, Inc. Announces Withdrawal of Public Offering of Common Stock
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Veris Residential, Inc. Announces Public Offering of Common Stock
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Veris Residential CEO Mahbod Nia Delivers Lecture at MIT Center for Real Estate
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Veris Residential Declares Quarterly Cash Dividend
Trading Information
- Previous Close Price
- $15.57
- Day Range
- $15.71–16.12
- 52-Week Range
- $13.07–18.98
- Bid/Ask
- $13.94 / $21.71
- Market Cap
- $1.49 Bil
- Volume/Avg
- 531,753 / 697,066
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 5.80
- Dividend Yield (Trailing)
- 1.34%
- Dividend Yield (Forward)
- 1.34%
- Total Yield
- 1.34%
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
|
SLG
|
KRC
|
|---|---|---|---|
Price/Earnings (Normalized) | — | — | 20.69 |
Price/Book Value | 1.31 | 1.21 | 0.78 |
Price/Sales | 5.80 | 5.06 | 3.80 |
Price/Cash Flow | 35.68 | 20.11 | 7.17 |
Price/Earnings
VRE
SLG
KRC
Financial Strength
|
Metric
|
VRE
|
SLG
|
KRC
|
|---|---|---|---|
Quick Ratio | 0.18 | 0.54 | 2.03 |
Current Ratio | 0.36 | 0.69 | 2.06 |
Interest Coverage | 0.05 | −3.24 | 2.53 |
Quick Ratio
VRE
SLG
KRC
Profitability
|
Metric
|
VRE
|
SLG
|
KRC
|
|---|---|---|---|
Return on Assets (Normalized) | −2.07% | −1.77% | 2.24% |
Return on Equity (Normalized) | −5.98% | −4.77% | 4.65% |
Return on Invested Capital (Normalized) | 0.87% | −0.59% | 3.09% |
Return on Assets
VRE
SLG
KRC
REIT - Residential Industry Comparables
|
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