Veris Residential Inc. (VRE) is a premier real estate investment trust (REIT) focused on the acquisition, development, and management of high-quality residential properties in prime urban markets across the U.S. The company prioritizes sustainability and community enhancement, which informs its diverse portfolio designed to cater to the dynamic needs of various demographic segments. With a strategic emphasis on modern living spaces and a deep understanding of market trends, Veris Residential is poised to capitalize on the growing demand in the housing sector, aiming to deliver strong rental income and long-term capital appreciation, thereby driving robust returns for its investors.
| Revenue (TTM) | $292.15M |
| Gross Profit (TTM) | $181.49M |
| EBITDA | $144.24M |
| Operating Margin | 18.50% |
| Return on Equity | 5.93% |
| Return on Assets | 1.29% |
| Revenue/Share (TTM) | $3.13 |
| Book Value | $12.34 |
| Price-to-Book | 1.58 |
| Price-to-Sales (TTM) | 6.66 |
| EV/Revenue | 10.78 |
| EV/EBITDA | 12.90 |
| Quarterly Earnings Growth (YoY) | 269.40% |
| Quarterly Revenue Growth (YoY) | -1.60% |
| Shares Outstanding | $93.84M |
| Float | $81.42M |
| % Insiders | 12.74% |
| % Institutions | 97.08% |
Volatility is currently contracting