Veris Residential, Inc. (VRE)

Evaluation: Based on all recent filings, financial statements, and news.

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Company Performance

Current Price

as of Oct 11, 2024

$17.31

P/E Ratio

N/A

Market Cap

$1.6B

Description

Veris Residential, Inc. is a real estate investment trust, which owns and operates a real estate portfolio comprised predominantly of Class A office and flex properties located primarily in the Northeast. It operates through the following segments: Commercial and Other Real Estate, and Multi-Family Real Estate and Services. The Commercial and Other Real Estate and Multi-Family Real Estate Portfolio segments provides leasing, property management, acquisition, development, construction, and tenant-related services. The company was founded on May 24, 1994 and is headquartered in Jersey City, NJ.

Metrics

Overview

  • HQJersey City, NJ
  • SectorFinance
  • IndustryReal Estate Investment Trusts
  • TickerVRE
  • Price$17.31+0.52%

Trading Information

  • Market Cap$1.60B
  • Float97.47%
  • Average Daily Volume (1m)424,494
  • Average Daily Volume (3m)469,810
  • EPS-$1.16

Company

  • Revenue$279.21M
  • Rev Growth (1yr)-1.82%
  • Net Income$1.63M
  • Gross Margin27.96%
  • EBITDA Margin43.45%
  • EBITDA$29.32M
  • EV$3.33B
  • EV/Revenue11.93
  • P/EN/A
  • P/S6.29
  • P/B1.41
Documents
SEC Filings
8-K (2024-09-09)
8-K (2024-09-06)
8-K (2024-07-24)
8-K (2024-06-18)
8-K (2024-06-17)
8-K (2024-06-14)
8-K (2024-06-04)
8-K (2024-04-24)
8-K (2024-03-11)
8-K (2024-03-01)
8-K (2024-02-21)
8-K (2023-12-19)
8-K (2023-11-16)
8-K (2023-10-25)
8-K (2023-10-04)
8-K (2023-09-07)
8-K (2023-07-26)
8-K (2023-06-15)
8-K (2023-06-05)
8-K (2023-04-26)
8-K (2023-04-07)
8-K (2023-04-05)
8-K (2023-03-06)
8-K (2023-02-27)
8-K (2023-02-22)
10-Q (2024-07-24)
10-Q (2024-04-24)
10-Q (2023-10-25)
10-Q (2023-07-26)
10-Q (2023-04-26)
10-K (2024-02-21)
10-K (2023-02-22)
Earnings Calls
Earnings Report 2024Q2
Earnings Report 2024Q1
Earnings Report (2023-10-26)
Earnings Report (2023-07-29)
Factset
Factset Business Description
Factset Street Account
Veris Residential reports Q3 core FFO $0.12 vs FactSet $0.12 ($14.54, 0.00) (2023-10-25T20:27:30Z)
Veris Residential reinstated underweight at JPMorgan (earlier, timing uncertain) ($14.52, -0.90) (2023-10-25T19:58:31Z)
Veris Residential increases quarterly dividend by 5.0% to $0.0525/share from $0.05/share ($15.40, 0.00) (2023-12-19T01:58:20Z)
Veris Residential enters common stock distribution agreements for up to $100M - 424B5 ($13.93, 0.00) (2023-11-15T22:36:51Z)
StreetAccount Earnings Call Q&A Summary: Veris Residential Q3 (2023-10-26T19:53:23Z)
Wikipedia
Veris_Residential