Veris Residential Stock (NYSE:VRE)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$16.47

52W Range

$13.27 - $18.18

50D Avg

$17.40

200D Avg

$15.74

Market Cap

$1.49B

Avg Vol (3M)

$399.44K

Beta

1.24

Div Yield

$0.24 (1.46%)

VRE Company Profile


Veris Residential, Inc. is a forward-thinking, environmentally- and socially-conscious real estate investment trust (REIT) that primarily owns, operates, acquires, and develops holistically-inspired, Class A multifamily properties that meet the sustainability-conscious lifestyle needs of today's residents while seeking to positively impact the communities it serves and the planet at large. The company is guided by an experienced management team and Board of Directors and is underpinned by leading corporate governance principles, a best-in-class and sustainable approach to operations, and an inclusive culture based on equality and meritocratic empowerment. For additional information on Veris Residential, Inc. and our properties available for lease, please visit http://www.verisresidential.com/.

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Industry

REIT - Residential

Sector

Real Estate

Exchange

NYSE

ADR

-

Country

US

Employees

197

IPO Date

Aug 25, 1994

Website

VRE Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Real Estate Services$3.87M$3.58M$9.60M
Operating Leases$252.14M$284.06M-
Real Estate, Other$5.81M$33.31M-
Parking$18.04M$18.56M$15.00M
Hotel-$15.51M$10.62M
Real Estate Other--$11.31M

Fiscal year ends in Dec 23 | Currency in USD

VRE Financial Summary


Dec 23Dec 22Dec 21
Revenue$279.86M$355.02M$329.32M
Operating Income$3.15M$27.93M$9.40M
Net Income$-107.27M$-112.18M$-195.45M
EBITDA$124.03M$139.44M$121.02M
Basic EPS$-1.06$-1.12$-1.96
Diluted EPS$-1.06$-1.12$-1.96

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q3 24Nov 01, 24 | 3:29 AM
Q2 24Jul 25, 24 | 2:19 PM
Q1 24Apr 25, 24 | 12:00 AM

Peer Comparison


TickerCompany
SITCSITE Centers Corp.
JBGSJBG SMITH Properties
NXRTNexPoint Residential Trust, Inc.
UEUrban Edge Properties