NYSE: VRE
Veris Residential Inc Stock

$17.59+0.00 (+0%)
Updated Dec 11, 2024
VRE Price
$17.59
Fair Value Price
N/A
Market Cap
$1.63B
52 Week Low
$13.84
52 Week High
$18.85
P/E
-103.47x
P/B
1.34x
P/S
6.58x
PEG
N/A
Dividend Yield
1.34%
Revenue
$275.91M
Earnings
-$16.35M
Gross Margin
57.9%
Operating Margin
25.64%
Profit Margin
-5.9%
Debt to Equity
1.43
Operating Cash Flow
$53M
Beta
0.96
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

VRE Overview

Veris Residential Incorporated is a Real Estate Investment Trust (REIT) that owns or has an interest in 71 properties, including 42 office properties (10.4 million square feet), 21 apartment buildings (6,524 units), 4 parking/retail properties (108,000 square feet), 3 hotels (723 rooms), and land holdings. With the exception of a few properties in New York and Massachusetts, all of the properties are in New Jersey. Known as Mack-Cali Realty Corp until 2021/12, the company was founded in 1997 and is headquartered in Jersey City, NJ.

Zen Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine VRE's potential to beat the market

CHold
  • Stocks with a Zen Rating of Hold (C) had an average return of +7.53% per year. Learn More

Zen Rating Component Grades

C
Value
B
Growth
C
Momentum
C
Sentiment
D
Safety
C
Financials
C
Artificial Intelligence
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: Residential REIT

Industry Rating
F
VRE
Ranked
#4 of 20

Top Ranked Stocks in Industry

View Top Residential REIT Stocks

Be the first to know about important VRE news, forecast changes, insider trades & much more!

VRE News

Overview

Due Diligence Score

Industry Average (27)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how VRE scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

VRE is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
VRE is good value based on its book value relative to its share price (1.34x), compared to the US REIT - Residential industry average (2.63x)
P/B vs Industry Valuation
VRE is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
There are 35 more VRE due diligence checks available for Premium users.

Valuation

VRE price to earnings (PE)

For valuing profitable companies with steady earnings

Company
-103.47x
Industry
26.33x
Market
29.76x

VRE price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
1.34x
Industry
2.63x
VRE is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

VRE's financial health

Profit margin

Revenue
$68.2M
Net Income
-$10.6M
Profit Margin
-15.5%
VRE's Earnings (EBIT) of $70.74M... subscribe to Premium to read more.
Interest Coverage Financials
VRE's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$3.0B
Liabilities
$1.7B
Debt to equity
1.43
VRE's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
VRE's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$13.9M
Investing
-$899.0k
Financing
-$21.5M
VRE's operating cash flow ($52.74M)... subscribe to Premium to read more.
Debt Coverage Financials

VRE vs Residential REIT Stocks

TickerZen RatingMarket Cap1d %P/EP/B
VREC$1.63B0.00%-103.47x1.34x
UMHC$1.52B-0.72%148.62x1.78x
ELMEC$1.45B-0.54%-109.53x1.32x
AIVF$1.23B-0.11%-5.07x5.36x
NXRTD$1.16B+0.26%25.46x2.60x

Veris Residential Stock FAQ

What is Veris Residential's quote symbol?

(NYSE: VRE) Veris Residential trades on the NYSE under the ticker symbol VRE. Veris Residential stock quotes can also be displayed as NYSE: VRE.

If you're new to stock investing, here's how to buy Veris Residential stock.

What is the 52 week high and low for Veris Residential (NYSE: VRE)?

(NYSE: VRE) Veris Residential's 52-week high was $18.85, and its 52-week low was $13.84. It is currently -6.68% from its 52-week high and 27.1% from its 52-week low.

How much is Veris Residential stock worth today?

(NYSE: VRE) Veris Residential currently has 92,901,448 outstanding shares. With Veris Residential stock trading at $17.59 per share, the total value of Veris Residential stock (market capitalization) is $1.63B.

Veris Residential stock was originally listed at a price of $41.00 in Dec 31, 1997. If you had invested in Veris Residential stock at $41.00, your return over the last 26 years would have been -57.1%, for an annualized return of -3.2% (not including any dividends or dividend reinvestments).

How much is Veris Residential's stock price per share?

(NYSE: VRE) Veris Residential stock price per share is $17.59 today (as of Dec 11, 2024).

What is Veris Residential's Market Cap?

(NYSE: VRE) Veris Residential's market cap is $1.63B, as of Dec 13, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Veris Residential's market cap is calculated by multiplying VRE's current stock price of $17.59 by VRE's total outstanding shares of 92,901,448.
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.