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Veris Residential Inc

VRE
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14.360USD
0.000
Close 11/03, 16:00ETQuotes delayed by 15 min
1.34BMarket Cap
21.30P/E TTM

Veris Residential Inc

14.360
0.000
Intraday
1m
30m
1h
D
W
M
D

Today

0.00%

5 Days

-4.65%

1 Month

-4.52%

6 Months

-11.74%

Year to Date

-13.65%

1 Year

-10.75%

View Detailed Chart

Key Insights

The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite an average stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Veris Residential Inc's Score

Industry at a Glance

Industry Ranking
47 / 197
Overall Ranking
127 / 4618
Industry
Residential & Commercial REITs

Support & Resistance

No Data

Score Analysis

Current score
Previous score

Analyst Rating

Based on 6 analysts
Buy
Current Rating
17.750
Target Price
+23.61%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Veris Residential Inc Highlights

StrengthsRisks
Veris Residential, Inc. is a fully integrated, self-administered, and self-managed real estate investment trust (REIT). The Company owns, operates, and develops multifamily rental properties located primarily in the Northeast, as well as a portfolio of non-strategic land and commercial assets. The Company operates through two segments: multifamily real estate and services and commercial and other real estate. The Company provides property management, leasing, acquisition, development, construction and tenant-related services for its multifamily real estate portfolio and commercial and other real estate located in the United States. The Company owns and has interests in 24 multifamily rental properties as well as non-strategic assets comprised of one office property, four parking/retail properties, and developable land. It seeks to own a portfolio comprised primarily of Class A multifamily properties with premium amenities and offerings that reflect its commitment to sustainability.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 27.05% year-on-year.
Overvalued
The company’s latest PE is 23.70, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 94.45M shares, decreasing 7.63% quarter-over-quarter.
Held by CI Select Canadian Equity Fund
Star Investor CI Select Canadian Equity Fund holds 405.00 shares of this stock.

News

More news coming soon, stay tuned...

Financial Indicators

EPS

No Data

Total revenue

No Data

Veris Residential Inc Info

Veris Residential, Inc. is a fully integrated, self-administered, and self-managed real estate investment trust (REIT). The Company owns, operates, and develops multifamily rental properties located primarily in the Northeast, as well as a portfolio of non-strategic land and commercial assets. The Company operates through two segments: multifamily real estate and services and commercial and other real estate. The Company provides property management, leasing, acquisition, development, construction and tenant-related services for its multifamily real estate portfolio and commercial and other real estate located in the United States. The Company owns and has interests in 24 multifamily rental properties as well as non-strategic assets comprised of one office property, four parking/retail properties, and developable land. It seeks to own a portfolio comprised primarily of Class A multifamily properties with premium amenities and offerings that reflect its commitment to sustainability.
Ticker SymbolVRE
CompanyVeris Residential Inc
CEOMr. Mahbod Nia
Websitehttps://verisresidential.com/
KeyAI