Business Description
Veris Residential Inc
NAICS : 525920
SIC : 6798
ISIN : US5544891048
Share Class Description:
VRE: Ordinary SharesDescription
Veris Residential Inc is a fully-integrated, self-administered and self-managed real estate investment trust (REIT). The company owns and operates a real estate portfolio comprised predominantly of multifamily rental properties located mainly in the Northeast and Class A office properties. The company performs substantially all real estate management, leasing, acquisition and development on an in-house basis. The properties are in three states in the Northeast, plus the District of Columbia. The company operates in two industry segments multifamily real estate & services and commercial & other real estate. The majority of revenue is from Multifamily real estate services.
Financial Strength
3/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | 0.06 | |||||
| Equity-to-Asset | 0.35 | |||||
| Debt-to-Equity | 1.64 | |||||
| Debt-to-EBITDA | 21.35 | |||||
| Interest Coverage | 0.15 | |||||
| Piotroski F-Score | 4/9 | |||||
| Altman Z-Score | -0.07 | |||||
| Beneish M-Score | -3.39 | |||||
| WACC vs ROIC | ||||||
Growth Rank
3/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Revenue Growth Rate | -3.9 | |||||
| 3-Year EBITDA Growth Rate | -4.8 | |||||
| 3-Year EPS without NRI Growth Rate | 3.1 | |||||
| 3-Year FCF Growth Rate | -19 | |||||
| 3-Year Book Growth Rate | -7.2 | |||||
| Future 3-5Y Total Revenue Growth Rate | 3.03 |
Momentum Rank
5/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 44.08 | |||||
| 9-Day RSI | 47.55 | |||||
| 14-Day RSI | 47.87 | |||||
| 6-1 Month Momentum % | 3.19 | |||||
| 12-1 Month Momentum % | -6.19 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Current Ratio | 2.67 | |||||
| Quick Ratio | 1.81 | |||||
| Cash Ratio | 1.44 | |||||
| Days Inventory | 436.69 | |||||
| Days Sales Outstanding | 4.51 | |||||
| Days Payable | 161.97 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Dividend Yield % | 1.05 | |||||
| 3-Year Dividend Growth Rate | -36.4 | |||||
| Forward Dividend Yield % | 1.42 | |||||
| 5-Year Yield-on-Cost % | 1.05 | |||||
| 3-Year Average Share Buyback Ratio | -0.6 | |||||
| Shareholder Yield % | 15.5 |
Profitability Rank
5/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Gross Margin % | 55.6 | |||||
| Operating Margin % | 7.35 | |||||
| Net Margin % | -32.52 | |||||
| FCF Margin % | 17.53 | |||||
| ROE % | -7.82 | |||||
| ROA % | -2.63 | |||||
| ROIC % | 0.63 | |||||
| ROC (Joel Greenblatt) % | -5.05 | |||||
| ROCE % | -0.15 | |||||
| Years of Profitability over Past 10-Year | 5 |
GF Value Rank
9/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Price-to-FFO | 60.84 | |||||
| PS Ratio | 5.23 | |||||
| PB Ratio | 1.19 | |||||
| Price-to-Tangible-Book | 1.2 | |||||
| Price-to-Free-Cash-Flow | 29.8 | |||||
| Price-to-Operating-Cash-Flow | 29.8 | |||||
| EV-to-EBIT | -605.1 | |||||
| EV-to-EBITDA | 35.56 | |||||
| EV-to-Revenue | 11.01 | |||||
| EV-to-FCF | 62.8 | |||||
| Price-to-Projected-FCF | 0.83 | |||||
| Price-to-Median-PS-Value | 1.12 | |||||
| Earnings Yield (Greenblatt) % | -0.17 | |||||
| FCF Yield % | 3.65 | |||||
| Forward Rate of Return (Yacktman) % | -17.03 |
Historical Operating Revenue by Business Segment
Historical Operating Revenue by Geographic Region
Guru Trades
See DetailsInsider Trades
See DetailsGurus Latest Trades with NYSE:VRE
You need a Premium membership or above to view this section.
Take a 7-Day Free Trial
No Available Data
Peter Lynch Chart
Performance
Dividend
Log
Bar
Annualized Return % Â
Total Annual Return % Â
Veris Residential Inc Executives
DetailsAnalyst Estimate
Key Statistics
| Name | Value | ||
|---|---|---|---|
| Revenue (TTM) (Mil $) | 280.467 | ||
| EPS (TTM) ($) | -1 | ||
| Beta | 1.38 | ||
| Volatility % | 34.14 | ||
| 14-Day RSI | 47.87 | ||
| 14-Day ATR ($) | 0.414318 | ||
| 20-Day SMA ($) | 14.569 | ||
| 12-1 Month Momentum % | -6.19 | ||
| 52-Week Range ($) | 13.065 - 18.975 | ||
| Shares Outstanding (Mil) | 92.58 |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 4 | ||
| Positive ROA | |||
| Positive CFROA | |||
| Higher ROA yoy | |||
| CFROA > ROA | |||
| Lower Leverage yoy | |||
| Higher Current Ratio yoy | |||
| Less Shares Outstanding yoy | |||
| Higher Gross Margin yoy | |||
| Higher Asset Turnover yoy |
Veris Residential Inc Filings
| Filing Date | Document Date | Form | ||
|---|---|---|---|---|
| No Filing Data | ||||
Veris Residential Inc Stock Events
| Event | Date | Price($) | ||
|---|---|---|---|---|
| No Event Data | ||||
Veris Residential Inc Frequently Asked Questions
What is Veris Residential Inc(VRE)'s stock price today?
The current price of VRE is $14.54. The 52 week high of VRE is $18.98 and 52 week low is $13.07.
When is next earnings date of Veris Residential Inc(VRE)?
The next earnings date of Veris Residential Inc(VRE) is 2024-07-26 Est..
Does Veris Residential Inc(VRE) pay dividends? If so, how much?
The Dividend Yield %  of Veris Residential Inc(VRE) is 1.05% (As of Today), Highest Dividend Payout Ratio of Veris Residential Inc(VRE) was 12.5. The lowest was 0.74. And the median was 1. The  Forward Dividend Yield % of Veris Residential Inc(VRE) is 1.42%. For more information regarding to dividend, please check our Dividend Page.
Press Release
| Subject | Date | |||
|---|---|---|---|---|
| No Press Release | ||||
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers