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Veris Residential (VRE)
NYSE:VRE
Veris Residential (VRE) Stock Price & Analysis
66 Followers
VRE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$13.02 - $18.85
Previous Close$14.92
Volume370.36K
Average Volume (3M)731.52K
Market Cap
$1.38B
Enterprise Value$3.37B
Total Cash (Recent Filing)$28.01M
Total Debt (Recent Filing)$1.85B
Price to Earnings (P/E)-8.9
Beta1.07
Next Earnings
May 01, 2024EPS Estimate
-$0.03Last Dividend Ex-Date
Apr 02, 2024Dividend Yield0.7%
Share Statistics
EPS (TTM)-1.67
Shares Outstanding92,229,209
10 Day Avg. Volume465,402
30 Day Avg. Volume731,523
Standard Deviation0.10
R-Squared0.40
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)1.21
Price to Sales (P/S)5.01
Price to Cash Flow (P/CF)28.00
P/FCF Ratio10.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue12.04
Enterprise Value/Gross Profit12.48
Enterprise Value/Ebitda-113.67
Forecast
1Y Price Target
$20.50Price Target Upside34.78% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Veris Residential News
PremiumCompany Announcements
Veris Residential’s Strategic Market Move Excites Investors
PremiumCompany Announcements
Veris Residential CEO Mahbod Nia Secures Lucrative Renewed Contract
PremiumCompany Announcements
Veris Residential, Inc.’s New Brand / Reputation Risk – A Cause for Worry?
Ownership Overview
16.77% Insiders
23.08% Mutual Funds
43.85% Other Institutional Investors
16.30% 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 $13.02 and its highest was $18.85 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 May 01, 2024 which is 5 days ago.
How were Veris Residential’s earnings last quarter?
Veris Residential released its earnings results on Feb 22, 2024. The company reported $0.374 earnings per share for the quarter, beating the consensus estimate of -$0.113 by $0.487.
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 $0.05 which represents an annual dividend yield of 0.7%. See more information on Veris Residential dividends here
What is Veris Residential’s EPS estimate?
Veris Residential’s EPS estimate is -$0.03.
How many shares outstanding does Veris Residential have?
Veris Residential has 92,229,210 shares outstanding.
What happened to Veris Residential’s price movement after its last earnings report?
Veris Residential reported an EPS of $0.374 in its last earnings report, beating expectations of -$0.113. Following the earnings report the stock price went down -3.915%.
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 24M.
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Veris Residential Stock Smart Score
Neutral
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$20.50 (34.78% Upside)
$20.50 (34.78% Upside)
Blogger Sentiment
Neutral
VRE Sentiment 50%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 1.0M Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Negative
20 days / 200 days
Momentum
10.28%
12-Months-Change
Fundamentals
Return on Equity
-9.38%
Trailing 12-Months
Asset Growth
-17.34%
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
Q4 2024
0:00 / 0:00
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VRE Stock 12 Months Forecast
Average Price Target
$20.50
▲(34.78% Upside)
Technical Analysis
Best Analysts Covering VRE
1 Year
1 Year Success Rate
2/8 ratings generated profit
1 Year Average Return
-7.14%
reiterated a sell rating 5 months ago
Copying Anthony Paolone's trades and holding each position for 1 Year would result in 25.00% of your transactions generating a profit, with an average return of -7.14% per trade.
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