Veris Residential, Inc. (VRE)

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

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Company performance
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Current Price

as of May 20, 2025

$15.44

P/E Ratio

N/A

Market Cap

$1.44B

Description
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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.

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Overview

  • HQJersey City, NJ
  • SectorFinance
  • IndustryReal Estate Investment Trusts
  • TickerVRE
  • Price$15.44-0.58%

Trading Information

  • Market cap$1.44B
  • Float97.21%
  • Average Daily Volume (1m)508,955
  • Average Daily Volume (3m)551,528
  • EPS-$0.34

Company

  • Revenue$271.49M
  • Rev growth (1yr)0.62%
  • Net income-$10.82M
  • Gross margin28.20%
  • EBITDA margin44.25%
  • EBITDA$29.98M
  • EV$3.36B
  • EV/Revenue12.39
  • P/EN/A
  • P/S5.29
  • P/B1.33
  • Debt/Equity154.88
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