VRE
Veris Residential IncKey Statistics
About Veris Residential Inc
Veris Residential Inc. (VRE) is a leading real estate investment trust (REIT) that specializes in the acquisition, development, and management of high-quality residential properties situated in prime urban locations across the United States. The company is committed to sustainability and enhancing community living, which underpins its diversified portfolio tailored to meet the evolving needs of various demographic groups. By leveraging its extensive industry knowledge and strategically focusing on modern living spaces, Veris Residential is well-positioned to benefit from the increasing demand in the housing sector, aiming to deliver consistent rental income and long-term capital appreciation, thus enhancing shareholder value and ensuring robust returns for its investors.
Fundamentals
| 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 | 1.57 |
| Price-to-Sales (TTM) | 6.64 |
| EV/Revenue | 10.77 |
| EV/EBITDA | 12.88 |
| Quarterly Earnings Growth (YoY) | 269.40% |
| Quarterly Revenue Growth (YoY) | -1.60% |
| Shares Outstanding | $93.84M |
| Float | $81.42M |
| % Insiders | 12.74% |
| % Institutions | 98.52% |
Historical Volatility
Volatility is currently contracting