Veris Residential Statistics
Total Valuation
VRE has a market cap or net worth of $1.59 billion. The enterprise value is $3.26 billion.
Important Dates
The last earnings date was Wednesday, April 23, 2025, after market close.
| Earnings Date | Apr 23, 2025 |
| Ex-Dividend Date | Mar 31, 2025 |
Share Statistics
VRE has 101.87 million shares outstanding. The number of shares has increased by 0.81% in one year.
| Current Share Class | 93.25M |
| Shares Outstanding | 101.87M |
| Shares Change (YoY) | +0.81% |
| Shares Change (QoQ) | +9.42% |
| Owned by Insiders (%) | 1.42% |
| Owned by Institutions (%) | 92.86% |
| Float | 86.69M |
Valuation Ratios
| Price/FFO Ratio | n/a |
| Price/AFFO Ratio | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 5.18 |
| Forward PS | 7.58 |
| PB Ratio | 1.35 |
| P/TBV Ratio | 1.48 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 31.90 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 11.64 |
| EV / EBITDA | 24.59 |
| EV / EBIT | 67.14 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.15, with a Debt / Equity ratio of 1.37.
| Current Ratio | 0.15 |
| Quick Ratio | 0.03 |
| Debt / Equity | 1.37 |
| Debt / EBITDA | 12.40 |
| Debt / FCF | n/a |
| Interest Coverage | 0.54 |
Financial Efficiency
Return on equity (ROE) is -3.09% and return on invested capital (ROIC) is 1.00%.
| Return on Equity (ROE) | -3.09% |
| Return on Assets (ROA) | 0.98% |
| Return on Invested Capital (ROIC) | 1.00% |
| Return on Capital Employed (ROCE) | 1.90% |
| Revenue Per Employee | $1.49M |
| Profits Per Employee | -$159,128 |
| Employee Count | 188 |
| Asset Turnover | 0.09 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, VRE has paid $259,000 in taxes.
| Income Tax | 259,000 |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +0.13% in the last 52 weeks. The beta is 1.24, so VRE's price volatility has been higher than the market average.
| Beta (5Y) | 1.24 |
| 52-Week Price Change | +0.13% |
| 50-Day Moving Average | 16.05 |
| 200-Day Moving Average | 16.67 |
| Relative Strength Index (RSI) | 46.65 |
| Average Volume (20 Days) | 601,151 |
Short Selling Information
The latest short interest is 2.95 million, so 2.89% of the outstanding shares have been sold short.
| Short Interest | 2.95M |
| Short Previous Month | 2.70M |
| Short % of Shares Out | 2.89% |
| Short % of Float | 3.40% |
| Short Ratio (days to cover) | 5.19 |
Income Statement
In the last 12 months, VRE had revenue of $279.63 million and -$29.92 million in losses. Loss per share was -$0.35.
| Revenue | 279.63M |
| Gross Profit | 170.43M |
| Operating Income | 48.48M |
| Pretax Income | -59.84M |
| Net Income | -29.92M |
| EBITDA | 132.37M |
| EBIT | 48.48M |
| Loss Per Share | -$0.35 |
Full Income StatementBalance Sheet
The company has $7.60 million in cash and $1.67 billion in debt, giving a net cash position of -$1.67 billion or -$16.35 per share.
| Cash & Cash Equivalents | 7.60M |
| Total Debt | 1.67B |
| Net Cash | -1.67B |
| Net Cash Per Share | -$16.35 |
| Equity (Book Value) | 1.22B |
| Book Value Per Share | 11.59 |
| Working Capital | -337.21M |
Full Balance SheetCash Flow
| Operating Cash Flow | 49.81M |
| Capital Expenditures | n/a |
| Free Cash Flow | n/a |
| FCF Per Share | n/a |
Full Cash Flow StatementMargins
Gross margin is 60.95%, with operating and profit margins of 17.34% and -10.70%.
| Gross Margin | 60.95% |
| Operating Margin | 17.34% |
| Pretax Margin | -13.70% |
| Profit Margin | -10.70% |
| EBITDA Margin | 47.34% |
| EBIT Margin | 17.34% |
| FCF Margin | n/a |