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Veris Residential (VRE)
NYSE:VRE
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VRE Stock Chart & Stats
Day’s Range― - ―
52-Week Range$13.84 - $18.85
Previous CloseN/A
Volume33.93K
Average Volume (3M)419.67K
Market Cap
$1.49B
Enterprise Value$3.46B
Total Cash (Recent Filing)$31.61M
Total Debt (Recent Filing)$2.34B
Price to Earnings (P/E)―
Beta1.05
Next Earnings
Feb 19, 2025EPS Estimate
-0.1Last Dividend Ex-Date
Dec 31, 2024Dividend Yield1.63%
Share Statistics
EPS (TTM)-0.66
Shares Outstanding92,901,450
10 Day Avg. Volume359,005
30 Day Avg. Volume419,671
Standard Deviation0.10
R-Squared0.42
Alpha-0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)5.35
Price to Cash Flow (P/CF)26.80
P/FCF Ratio12.50
Enterprise Value/Market Cap2.31
Enterprise Value/Revenue12.53
Enterprise Value/Gross Profit22.02
Enterprise Value/Ebitda27.42
Forecast
1Y Price Target
$18.55Price Target Upside15.72% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Veris Residential News
PremiumCompany Announcements
Veris Residential to Present at NAREIT REITweek 2024
PremiumCompany Announcements
Veris Residential, Inc. Reports Q3 2024 Financials
PremiumCompany Announcements
Veris Residential Reports Strong Q3 2024 Financial ProgressOwnership Overview
13.45% Insiders
22.68% Mutual Funds
<0.01% Other Institutional Investors
35.55% 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 $13.84 and its highest was $18.85 in the past 12 months.
What is Veris Residential’s market cap?
Veris Residential’s market cap is $1.49B.
When is Veris Residential’s upcoming earnings report date?
Veris Residential’s upcoming earnings report date is Feb 19, 2025 which is in 30 days.
How were Veris Residential’s earnings last quarter?
Veris Residential released its earnings results on Oct 30, 2024. The company reported -$0.098 earnings per share for the quarter, missing the consensus estimate of -$0.091 by -$0.007.
Is Veris Residential overvalued?
According to Wall Street analysts Veris Residential’s price is currently Undervalued.
Does Veris Residential pay dividends?
Veris Residential pays a Semiannually dividend of $0.26 which represents an annual dividend yield of 1.63%. See more information on Veris Residential dividends here
What is Veris Residential’s EPS estimate?
Veris Residential’s EPS estimate is -0.1.
How many shares outstanding does Veris Residential have?
Veris Residential has 92,901,450 shares outstanding.
What happened to Veris Residential’s price movement after its last earnings report?
Veris Residential reported an EPS of -$0.098 in its last earnings report, missing expectations of -$0.091. Following the earnings report the stock price went down -2.091%.
Which hedge fund is a major shareholder of Veris Residential?
Currently, no hedge funds are holding shares in VRE
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Veris Residential Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$18.55 (15.72% Upside)
$18.55 (15.72% Upside)
Blogger Sentiment
Neutral
VRE Sentiment 50%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 394.5K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
8.27%
12-Months-Change
Fundamentals
Return on Equity
-1.19%
Trailing 12-Months
Asset Growth
-9.73%
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 Company Deck
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VRE Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflected a positive sentiment with strong core FFO growth, improvements in operational metrics, and successful debt refinancing. However, challenges such as net loss per share and increased interest expenses were acknowledged. The company remains optimistic about future performance despite seasonal leasing slowdowns.Read More>---
VRE Stock 12 Month Forecast
Average Price Target
$18.55
▲(15.72% Upside)
Technical Analysis
Armada Hoffler Properties
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Best Analysts Covering VRE
1 Year
1 Year Success Rate
1/8 ratings generated profit
1 Year Average Return
-7.76%
reiterated a buy rating 3 months ago
Copying Steve Sakwa's trades and holding each position for 1 Year would result in 12.50% of your transactions generating a profit, with an average return of -7.76% per trade.
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