Veris Residential, Inc.

VRENYSEUSD
18.96 USD
0.01 (0.05%)AT CLOSE (11:59 AM EDT)
18.97
0.01 (0.07%)
POST MARKET (AS OF 08:15 PM EDT)
Post Market
AS OF 08:15 PM EDT
18.97
0.01 (0.07%)
🔴Market: CLOSED
Open?$18.96
High?$18.98
Low?$18.96
Prev. Close?$18.97
Volume?621.2K
Avg. Volume?987.2K
VWAP?$18.96
Rel. Volume?0.63x
Bid / Ask
Bid?$18.97 × 7.0K
Ask?$19.00 × 100
Spread?$0.03
Midpoint?$18.99
Valuation & Ratios
Market Cap?1.8B
Shares Out?93.8M
Float?74.2M
Float %?79.4%
P/E Ratio?24.73
P/B Ratio?1.58
EPS?$0.77
Dividend?1.87%
Ex-Dividend?N/A
News
Profile
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.
Employees
181
Market Cap
1.8B
Industry
REAL ESTATE INVESTMENT TRUSTS
Listed
1994-08-24
Address
HARBORSIDE 3
JERSEY CITY, NJ 07311
Phone: (732) 590-1000
Technical Outlook
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Fundamental Outlook
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Short Interest
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Financial Health
Current Ratio?0.73Weak
Quick Ratio?0.73Weak
Cash Ratio?0.14Low
Debt/Equity?1.21Moderate
ValuationFAIRLY VALUED
Score
56/100
P/E?
24.7FAIR
P/B?
1.58CHEAP
P/S?
6.12FAIR
P/FCF?
44.3PRICEY
EV/EBITDA?
20.2HIGH
EV/Sales?
10.79HIGH
Returns & Efficiency
ROE?
6.4%FAIR
ROA?
2.7%WEAK
Cash Flow & Enterprise
FCF?$40.2M
Enterprise Value?$3.1B
Fundamentals ratios updated end of day