Veris Residential Statistics
Total Valuation
VRE has a market cap or net worth of $1.70 billion. The enterprise value is $3.38 billion.
Important Dates
The next estimated earnings date is Wednesday, April 23, 2025, after market close.
| Earnings Date | Apr 23, 2025 |
| Ex-Dividend Date | Mar 31, 2025 |
Share Statistics
VRE has 101.56 million shares outstanding. The number of shares has increased by 10.34% in one year.
| Current Share Class | 92.88M |
| Shares Outstanding | 101.56M |
| Shares Change (YoY) | +10.34% |
| Shares Change (QoQ) | -8.52% |
| Owned by Insiders (%) | 1.47% |
| Owned by Institutions (%) | 93.10% |
| Float | 86.29M |
Valuation Ratios
| Price/FFO Ratio | n/a |
| Price/AFFO Ratio | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 5.64 |
| Forward PS | 6.10 |
| PB Ratio | 1.42 |
| P/TBV Ratio | 1.56 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 32.57 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 12.25 |
| EV / EBITDA | 26.90 |
| EV / EBIT | 79.00 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.22, with a Debt / Equity ratio of 1.35.
| Current Ratio | 1.22 |
| Quick Ratio | 0.21 |
| Debt / Equity | 1.35 |
| Debt / EBITDA | 13.11 |
| Debt / FCF | n/a |
| Interest Coverage | 0.49 |
Financial Efficiency
Return on equity (ROE) is -2.43% and return on invested capital (ROIC) is 0.88%.
| Return on Equity (ROE) | -2.43% |
| Return on Assets (ROA) | 0.86% |
| Return on Invested Capital (ROIC) | 0.88% |
| Return on Capital Employed (ROCE) | 1.46% |
| Revenue Per Employee | $1.47M |
| Profits Per Employee | -$122,979 |
| Employee Count | 188 |
| Asset Turnover | 0.09 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, VRE has paid $276,000 in taxes.
| Income Tax | 276,000 |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +12.47% 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 | +12.47% |
| 50-Day Moving Average | 16.18 |
| 200-Day Moving Average | 16.58 |
| Relative Strength Index (RSI) | 59.46 |
| Average Volume (20 Days) | 474,743 |
Short Selling Information
The latest short interest is 2.70 million, so 2.65% of the outstanding shares have been sold short.
| Short Interest | 2.70M |
| Short Previous Month | 2.30M |
| Short % of Shares Out | 2.65% |
| Short % of Float | 3.12% |
| Short Ratio (days to cover) | 5.10 |
Income Statement
In the last 12 months, VRE had revenue of $275.63 million and -$23.12 million in losses. Loss per share was -$0.25.
| Revenue | 275.63M |
| Gross Profit | 164.57M |
| Operating Income | 42.73M |
| Pretax Income | -59.84M |
| Net Income | -23.12M |
| EBITDA | 125.48M |
| EBIT | 42.73M |
| Loss Per Share | -$0.25 |
Full Income StatementBalance Sheet
The company has $7.25 million in cash and $1.68 billion in debt, giving a net cash position of -$1.67 billion or -$16.46 per share.
| Cash & Cash Equivalents | 7.25M |
| Total Debt | 1.68B |
| Net Cash | -1.67B |
| Net Cash Per Share | -$16.46 |
| Equity (Book Value) | 1.24B |
| Book Value Per Share | 11.84 |
| Working Capital | 11.26M |
Full Balance SheetCash Flow
| Operating Cash Flow | 52.33M |
| Capital Expenditures | n/a |
| Free Cash Flow | n/a |
| FCF Per Share | n/a |
Full Cash Flow StatementMargins
Gross margin is 59.71%, with operating and profit margins of 15.50% and -8.39%.
| Gross Margin | 59.71% |
| Operating Margin | 15.50% |
| Pretax Margin | -11.14% |
| Profit Margin | -8.39% |
| EBITDA Margin | 45.52% |
| EBIT Margin | 15.50% |
| FCF Margin | n/a |