NYSE: VRE
Last close prices updated as of
May 31, 2023, 11:21 AM EST
| USD | BATS BZX Real-Time Price
- Last Close 16.11
- Sector Real Estate
- Industry REIT - Residential
- Investment Style Small Growth
- Day Range 16.01 – 16.27
- Year Range 10.22 – 17.15
- Market Cap 1.4738 Bil
- Volume / Avg 75,029.0 / 559,487.5
- Price / Sales 4.30
- Price / Book 1.21
- Forward Div Yield 6.22%
- Trailing Div Yield 1.09%
Morningstar‘s Stock Analysis VRE
Valuation
Currency in —
Is it the right time to buy or sell?
Is it the right time to buy or sell?
Economic Moat
INVESTOR
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Company Profile VRE
Business Description
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.
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of VRE’s competitive advantage.
Veris Residential Inc
XNYS: VRE
| Brandywine Realty Trust
XNYS: BDN
| Kilroy Realty Corp
XNYS: KRC
| SL Green Realty Corp
XNYS: SLG
| |
Price
| 16.08 | 3.85 | 27.08 | 22.79 |
Currency
| USD | USD | USD | USD |
Change
| −$0.04 (0.22%) | −$0.03 (0.84%) | −$0.24 (0.88%) | −$0.14 (0.61%) |
Market Cap
| 1.47 Bil | 661.01 Mil | 3.17 Bil | 1.47 Bil |
Industry
| REIT - Residential | REIT - Office | REIT - Office | REIT - Office |
Sector
|
Real Estate
|
Real Estate
|
Real Estate
|
Real Estate
|
* Trading data in this section is delayed by at least 15 minutes.
FAQs for Veris Residential Inc Stock
No. VRE does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
VRE’s market cap is 1.47 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
VRE’s stock style is Small Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
VRE’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare VRE’s historical performance against its industry peers and the overall market.