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Veris Residential (VRE)
NYSE:VRE
Veris Residential (VRE) Stock Price & Analysis
74 Followers
VRE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$12.92 - $18.71
Previous Close$15.5
Volume601.05K
Average Volume (3M)701.04K
Market Cap
$1.44B
Enterprise Value$3.43B
Total Cash (Recent Filing)$28.01M
Total Debt (Recent Filing)$1.85B
Price to Earnings (P/E)―
Beta1.06
Next Earnings
Jul 24, 2024EPS Estimate
-$0.07Last Dividend Ex-Date
Jul 03, 2024Dividend Yield1%
Share Statistics
EPS (TTM)-1.45
Shares Outstanding92,583,859
10 Day Avg. Volume1,346,737
30 Day Avg. Volume701,044
Standard Deviation0.10
R-Squared0.42
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)1.19
Price to Sales (P/S)18.39
Price to Cash Flow (P/CF)27.30
P/FCF Ratio10.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue12.25
Enterprise Value/Gross Profit21.85
Enterprise Value/Ebitda1.09K
Forecast
1Y Price Target
$13.50Price Target Upside-12.90% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering2
Veris Residential News
PremiumCompany Announcements
Veris Residential Halts Planned Public Common Stock Offering
PremiumCompany Announcements
Veris Residential Announces Public Stock Offering and Expansion Plans
Ownership Overview
16.92% Insiders
23.58% Mutual Funds
36.90% Other Institutional Investors
22.61% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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VRE FAQ
What was Veris Residential’s price range in the past 12 months?
Veris Residential lowest stock price was $12.92 and its highest was $18.71 in the past 12 months.
What is Veris Residential’s market cap?
Currently, no data Available
When is Veris Residential’s upcoming earnings report date?
Veris Residential’s upcoming earnings report date is Jul 24, 2024 which is in 2 days.
How were Veris Residential’s earnings last quarter?
Veris Residential released its earnings results on Apr 24, 2024. The company reported -$0.04 earnings per share for the quarter, beating the consensus estimate of -$0.077 by $0.037.
Is Veris Residential overvalued?
According to Wall Street analysts Veris Residential’s price is currently Overvalued.
Does Veris Residential pay dividends?
Veris Residential pays a Semiannually dividend of $0.06 which represents an annual dividend yield of 1%. See more information on Veris Residential dividends here
What is Veris Residential’s EPS estimate?
Veris Residential’s EPS estimate is -$0.07.
How many shares outstanding does Veris Residential have?
Veris Residential has 92,750,770 shares outstanding.
What happened to Veris Residential’s price movement after its last earnings report?
Veris Residential reported an EPS of -$0.04 in its last earnings report, beating expectations of -$0.077. Following the earnings report the stock price went down -2.798%.
Which hedge fund is a major shareholder of Veris Residential?
Among the largest hedge funds holding Veris Residential’s share is AEW Capital Management, L.P.. It holds Veris Residential’s shares valued at 15M.
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Veris Residential Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Sell
Average Price Target:
$13.50 (-12.90% Downside)
$13.50 (-12.90% Downside)
Blogger Sentiment
Bearish
VRE Sentiment 60%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 813.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $644.3K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
-6.27%
12-Months-Change
Fundamentals
Return on Equity
-7.55%
Trailing 12-Months
Asset Growth
-15.47%
Trailing 12-Months
Company Description
Veris Residential
Mack-Cali Realty Corp. is a real estate investment trust, which owns and operates a real estate portfolio comprised predominantly of Class A office and office flex properties located primarily in the Northeast. It operates through the following two 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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VRE Earnings Call
Q1 2024
0:00 / 0:00
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VRE Stock 12 Month Forecast
Average Price Target
$13.50
▼(-12.90% Downside)
Technical Analysis
Best Analysts Covering VRE
1 Year
1 Year Success Rate
2/10 ratings generated profit
1 Year Average Return
-7.26%
reiterated a sell rating last month
Copying Anthony Paolone's trades and holding each position for 1 Year would result in 20.00% of your transactions generating a profit, with an average return of -7.26% per trade.
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