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Veris Residential, Inc.
VRE
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US Flag

NYSE

2B

REIT - Residential

Next Earning date - 30 Oct 2024

2B

REIT - Residential

Next Earning date - 30 Oct 2024

17.31USD
Shape0.09 ( 0.52%)
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Relative Strenght

24
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Volume Buzz

-60%
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Earning Acce

Yes
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Dist 52w H.

5%

Quote Panel

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Updated October 12, 2024
1W -0.40 % 1M -3.40 % 3M 12.11 % 1Y 11.25 %

Key Metrics

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  • Market Cap

    1.61B


  • Shares Outstanding

    92.89M


  • Share in Float

    90.55M


  • Dividende

    0.24


  • Earning Date

    30 Oct 2024


  • Price Target

    17.31


  • Average Volume

    475587


  • Beta

    1.241


  • Range

    13.07-18.18


  • Industry

    REIT - Residential


  • Website

    https://www.mack-cali.com


  • Sector

    Real Estate


Fundamentals

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30.91x

P/E Ratio

5.76x

P/S Ratio

1.42x

P/B Ratio

1.5

Debt/Equity

-21.8%

Net Margin

$-1.2

EPS

How VRE compares to sector?

P/E Ratio

Relative Strength

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VRE

Sector

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Top 5 RS in Group

Symbol

Company

RS

5-Day Perf.

Forecast

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$275M

Shape307%

2025-Revenue

$0.36

Shape-1240%

2025-EPS

$108M

Shape267%

2025-EBITDA

Analyst rating

No Data Available

Last analyst upgrade/downgrade

Evercore ISI

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Previous: Not converted

2023-07-27

Now: Outperform

Bank of America Securities

upgrade

Previous: Not converted

2022-11-14

Now: Neutral

Earnings GrowthShape

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Current

Estimates

Q3.22

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+145%

0.15
vs -0.33

Q4.22

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-71%

0.05
vs 0.17

Q1.23

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-12%

0.15
vs 0.17

Q2.23

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+7%

0.16
vs 0.15

Q3.23

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-20%

0.12
vs 0.15

Q4.23

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+140%

0.12
vs 0.05

Q1.24

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-7%

0.14
vs 0.15

Q2.24

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+13%

0.18
vs 0.16

Q3.24

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N/A

-0.09
vs 0.12

Q4.24

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N/A

-0.10
vs 0.12

Sales GrowthShape

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Current

Estimates

Q3.22

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+9%

91.4M  vs 83.7M

Q4.22

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-2%

86.2M  vs 88.2M

Q1.23

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-32%

66.9M  vs 99.1M

Q2.23

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-14%

68.7M  vs 79.8M

Q3.23

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-22%

71.5M  vs 91.4M

Q4.23

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-15%

72.9M  vs 86.2M

Q1.24

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+1%

67.3M  vs 66.9M

Q2.24

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-2%

67.5M  vs 68.7M

Q3.24

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-7%

66.3M  vs 71.5M

Q4.24

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-8%

67.2M  vs 72.9M

Return on EquityShape

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Q3.22

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-11%

-0.11
vs 0.02

Q4.22

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+2%

0.02
vs -0.11

Q1.23

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-2%

-0.02
vs 0.02

Q2.23

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-2%

-0.02
vs -0.02

Q3.23

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-5%

-0.05
vs -0.02

Q4.23

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0%

-0.00
vs -0.05

Q1.24

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0%

-0.00
vs -0.00

Q2.24

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+0%

0
vs -0.00

Institutionnal OwnershipShape

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Q3.22

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152

152
vs 159

-4%

Q4.22

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162

162
vs 152

7%

Q1.23

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174

174
vs 162

7%

Q2.23

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179

179
vs 174

3%

Q3.23

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179

179
vs 179

NA

Q4.23

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177

177
vs 179

-1%

Q1.24

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173

173
vs 177

-2%

Q2.24

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180

180
vs 173

4%

Earnings Growth

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