Veris Residential, Inc. (VRE)

Market Cap	1.44B
Revenue (ttm)	280.47M
Net Income (ttm)	-91.20M
Shares Out	92.75M
EPS (ttm)	-1.00
PE Ratio	n/a
Forward PE	n/a
Dividend	$0.24 (1.54%)
Ex-Dividend Date	Jul 3, 2024

Volume	408,575
Open	15.67
Previous Close	15.67
Day's Range	15.44 - 15.75
52-Week Range	13.07 - 18.98
Beta	1.26
Analysts	Hold
Price Target	14.33 (-7.96%)
Earnings Date	Jul 24, 2024

About VRE

Veris Residential, Inc. is a forward-thinking, environmentally and socially conscious real estate investment trust (REIT) that primarily owns, operates, acquires and develops holistically-inspired, Class A multifamily properties that meet the sustainability-conscious lifestyle needs of today's residents while seeking to positively impact the communities it serves and the planet at large. The company is guided by an experienced management team and Board of Directors and is underpinned by leading corporate governance principle; a best-in-class an...

• Industry: REIT - Residential
• Sector: Real Estate
• IPO Date: Aug 24, 1994
• Employees: 197
• Stock Exchange: NYSE
• Ticker Symbol: VRE

Financial Performance

In 2023, VRE's revenue was $279.86 million, an increase of 19.88% compared to the previous year's $233.45 million. Losses were -$107.27 million, 106.0% more than in 2022.

Analyst Forecast

According to 3 analysts, the average rating for VRE stock is "Hold." The 12-month stock price forecast is $14.33, which is a decrease of -7.96% from the latest price.

Price Target

$14.33

(-7.96% downside)

Analyst Consensus: Hold