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Veris Residential Inc

VRE
View Detailed Chart
16.640USD
+0.625+3.90%
Close 02/06, 16:00ETQuotes delayed by 15 min
1.55BMarket Cap
24.68P/E TTM

Veris Residential Inc

16.640
+0.625+3.90%
Intraday
1m
30m
1h
D
W
M
D

Today

+3.90%

5 Days

+9.55%

1 Month

+11.16%

6 Months

+18.18%

Year to Date

+11.83%

1 Year

+3.16%

View Detailed Chart

Key Insights

Veris Residential Inc's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 34 out of 191 in the Residential & Commercial REITs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 17.70.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its 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
34 / 191
Overall Ranking
78 / 4521
Industry
Residential & Commercial REITs

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Neutral

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, acquires and develops Class A multifamily properties in the Northeast as well as a portfolio of non-strategic land and commercial assets. Its technology-enabled, vertically integrated operating platform delivers a contemporary living experience aligned with residents' preferences. The Company operates as a single business segment, focusing on the ownership, operation and development of its multifamily real estate portfolio located in the United States. The Company owns and has interests in over 20 multifamily rental properties as well as non-strategic assets comprised of three parking/retail properties, and developable land. It seeks to own a portfolio comprised primarily of Class A multifamily properties with premium amenities and offerings, including facilities such as clubrooms and lounges, among others.
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 24.68, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 94.97M shares, decreasing 6.36% quarter-over-quarter.
Held by James Simons
Star Investor James Simons holds 238.80K shares of this stock.

Analyst Rating

Based on 6 analysts
Buy
Current Rating
17.700
Target Price
+10.42%
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 News

More news coming soon, stay tuned...

Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

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, acquires and develops Class A multifamily properties in the Northeast as well as a portfolio of non-strategic land and commercial assets. Its technology-enabled, vertically integrated operating platform delivers a contemporary living experience aligned with residents' preferences. The Company operates as a single business segment, focusing on the ownership, operation and development of its multifamily real estate portfolio located in the United States. The Company owns and has interests in over 20 multifamily rental properties as well as non-strategic assets comprised of three parking/retail properties, and developable land. It seeks to own a portfolio comprised primarily of Class A multifamily properties with premium amenities and offerings, including facilities such as clubrooms and lounges, among others.
Ticker SymbolVRE
CompanyVeris Residential Inc
CEONia (Mahbod)
Websitehttps://verisresidential.com/
KeyAI