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How to Buy Veris Residential Stock

Veris Residential Inc

Veris Residential is a residential REIT company located in New Jersey, United States, which is part of the Real Estate sector, and is traded under the ticker VRE on the NYSE exchange.

Veris Residential stock last closed at $14.54, down 0.75% from the previous day, and has decreased 6.25% in one year. It has underperformed other stocks in the REIT - Residential industry by 0.08 percentage points. Veris Residential stock is currently +11.29% from its 52-week low of $13.07, and -23.37% from its 52-week high of $18.98.

At the moment, there are 92.58M VRE shares outstanding. The market capitalization of VRE is $1.35B. In the last 24 hours, 500,628 VRE shares were traded.

How to Buy Veris Residential Stock

Wondering how to invest in Veris Residential stock? Here's how.
  1. Figure out where to buy Veris Residential stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy Veris Residential stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Pick your method of payment and add your details.
  4. Evaluate Veris Residential stock: The Veris Residential ticker symbol is VRE. Is Veris Residential stock a good investment? Should you buy shares of VRE? How do VRE's underlying business fundamentals look? Do top analysts think Veris Residential is a good buy? Why has VRE's stock price moved recently? (Hint: Our stock market research website can help you understand if VRE is a good stock to buy).
  5. Make your VRE purchase: Decide if you will purchase VRE shares at the current market price or use a limit order to buy VRE stock at a given price.
  6. Watch your VRE investment: Create a watchlist to get live updates on your new investment in Veris Residential stock.

Step 1: Figure out where to buy Veris Residential stock

You will need an online brokerage account to access the NYSE market and buy VRE shares.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've picked the best brokerage, it's time to fill out some personal info so you can invest in VRE stock today.

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Step 3: Deposit money your investment account

Now that you have filled out your info on the best stock trading app, you can securely and quickly fund your account:

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Step 4: Evaluate Veris Residential stock

After you have chosen the best place to buy Veris Residential stock, it's very important to evaluate their stock prior to investing, so you actually understand the risk as well as the upside.

Veris Residential Metrics

VRE Price
$14.54
1w %
0.76%
1y %
-6.25%
5y %
-36.62%
P/E
-14.54x
P/B
1.19x
P/S
4.78x
PEG
N/A
Revenue
$280.47M
Earnings
-$91.20M
Fore. Rev. Growth
2.96%
Fore. Earn. Growth
N/A
Market Cap
$1.35B
Next Earnings
Jun 13, 2024
Next Dividend
N/A

Veris Residential Overview

WallStreetZen was created to help part-time investors perform better fundamental analysis quickly.

You can see all of the due diligence checks on VRE's stock page.

Is VRE stock undervalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge VRE's intrinsic value.

Using relative valuations methods:

  • VRE may be undervalued based on its P/B ratio of 1.19x, relative to REIT - Residential industry P/B ratio of 2.29x

You can access more valuation research on VRE's stock here.

A look at VRE Cashflows and Balance Sheet

Positive Health Checks:

  • Total VRE debt is lower than 5 years ago, relative to shareholder equity.

Negative Health Checks:

  • VRE has a relatively high debt to equity ratio of 1.71.
  • VRE profit margin has gone down from -25.5% to -32.5% in the past year.
  • VRE earnings of -$1.80M is not enough to cover its interest payments.
  • VRE's operating cash flow of $49.15M allows it to safely service it's debt of $1.85B.

Is Veris Residential stock a Buy, Hold, or Sell, according to analysts?

Out of 1 Equities analysts who give recommendations on VRE, the consensus analyst rating on VRE is a Hold

It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are saying on the Veris Residential stock forecast page.

VRE Trading Indicators

SMA10
14.5
SMA20
14.57
SMA50
14.8
SMA100
15.07
SMA200
15.73
MACD
-0.03
MACD Signal
-0.08
MACD Histogram
0.05
RSI
47.87
Stochastic %K
61.96
Stochastic %D
72.24
StochRSI %K
66.16
StochRSI %D
81.35

Is VRE Making Money?

Last year, VRE revenue was $280.47M. In the past five year, VRE's revenue has increased by -2.79% per year. This was slower than the REIT - Residential industry average of 7.66%.

Find out more about VRE's earnings and revenue performance here.

Are VRE executives and large shareholders buying or selling the stock?

In the past year, insiders at VRE have sold more shares than they have bought.

Anna Malhari, EVP CHIEF OPERATING OFFICER of VRE, was the latest VRE insider to sell. They sold $71,961.16 worth of VRE stock on Apr 22, 2024.

Get more info about who owns VRE shares here.

Can I get consistent income from VRE stock?

Veris Residential pays a dividend of 1.07%, compared to the REIT - Residential industry's average dividend yield of 4.12%. If you owned $1,000 worth of VRE stock, you would have received $10.66 last year.

Veris Residential dividend payments have not consistently grown over the past decade and have not remained stable.

Get more data about Veris Residential dividend yield and history here.

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Step 5: Make your VRE purchase

There are two primary options:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally fine.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a particular dollar amount limit, use a limit order.

Press the Open button and your broker will place the order.

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Step 6: Watch your VRE investment

Now that you own some VRE shares, you'll want to keep up with your investment.

Start a watchlist to get notified of the latest news about your VRE stock.

VRE Feed

How to Buy Stock in Veris Residential

To summarize, here are the 6 steps you need to take to buy Veris Residential stock right now:

  1. Figure out where to buy Veris Residential stock
  2. Open your brokerage account
  3. Deposit money your investment account
  4. Evaluate Veris Residential stock
  5. Make your VRE purchase
  6. Watch your VRE investment

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If you want to keep tabs on your investment in Veris Residential, hit the button below to create your watchlist.

NYSE: VRE
$14.54-0.11 (-0.75%)
Updated Apr 26, 2024
Open eToro Account
NYSE: VRE
$14.54-0.11 (-0.75%)
Updated Apr 26, 2024
Open eToro Account

FAQ

How much does it cost to buy one Veris Residential share?

As of Apr 26, 2024, it costs $14.54 to buy one share of Veris Residential stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $7, you can buy 0.481 shares of VRE.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Veris Residential stock?

According to 1 Wall Street analysts who monitor Veris Residential, their consensus recommendation is to hold Veris Residential stock.

What is the best way to buy Veris Residential stock?

One way to place an order for Veris Residential stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.