Veris Residential Statistics
Total Valuation
VRE has a market cap or net worth of $1.34 billion. The enterprise value is $3.06 billion.
Market Cap | 1.34B |
Enterprise Value | 3.06B |
Important Dates
The last earnings date was Wednesday, April 24, 2024, after market close.
Earnings Date | Apr 24, 2024 |
Ex-Dividend Date | Apr 2, 2024 |
Share Statistics
VRE has 92.23 million shares outstanding. The number of shares has increased by 0.44% in one year.
Shares Outstanding | 92.23M |
Shares Change (YoY) | +0.44% |
Shares Change (QoQ) | +0.03% |
Owned by Insiders (%) | 9.70% |
Owned by Institutions (%) | 110.95% |
Float | 86.05M |
Valuation Ratios
PE Ratio | n/a |
Forward PE | n/a |
PS Ratio | 4.78 |
Forward PS | 4.61 |
PB Ratio | 1.18 |
P/FCF Ratio | 24.28 |
PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 34.73, with an EV/FCF ratio of 55.33.
EV / Earnings | n/a |
EV / Sales | 10.90 |
EV / EBITDA | 34.73 |
EV / EBIT | n/a |
EV / FCF | 55.33 |
Financial Position
Current Ratio | n/a |
Quick Ratio | n/a |
Debt / Equity | 1.64 |
Debt / EBITDA | 21.06 |
Debt / FCF | 33.55 |
Interest Coverage | -0.02 |
Financial Efficiency
Return on equity (ROE) is -7.90% and return on invested capital (ROIC) is -0.84%.
Return on Equity (ROE) | -7.90% |
Return on Assets (ROA) | -2.70% |
Return on Capital (ROIC) | -0.84% |
Revenue Per Employee | $1.42M |
Profits Per Employee | -$462,919 |
Employee Count | 197 |
Asset Turnover | 0.08 |
Inventory Turnover | n/a |
Taxes
In the past 12 months, VRE has paid $551,000 in taxes.
Income Tax | 551,000 |
Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -5.67% in the last 52 weeks. The beta is 1.21, so VRE's price volatility has been higher than the market average.
Beta (1Y) | 1.21 |
52-Week Price Change | -5.67% |
50-Day Moving Average | 14.80 |
200-Day Moving Average | 15.73 |
Relative Strength Index (RSI) | 49.26 |
Average Volume (30 Days) | 607,714 |
Short Selling Information
The latest short interest is 4.15 million, so 4.50% of the outstanding shares have been sold short.
Short Interest | 4.15M |
Short Previous Month | 4.30M |
Short % of Shares Out | 4.50% |
Short % of Float | 4.82% |
Short Ratio (days to cover) | 8.43 |
Income Statement
In the last 12 months, VRE had revenue of $280.47 million and -$91.20 million in losses. Loss per share was -$1.00.
Revenue | 280.47M |
Gross Profit | 155.94M |
Operating Income | -24.96M |
Pretax Income | -90.64M |
Net Income | -91.20M |
EBITDA | 87.99M |
EBIT | -1.80M |
Loss Per Share | -$1.00 |
Balance Sheet
The company has $138.35 million in cash and $1.85 billion in debt, giving a net cash position of -$1.71 billion or -$18.59 per share.
Cash & Cash Equivalents | 138.35M |
Total Debt | 1.85B |
Net Cash | -1.71B |
Net Cash Per Share | -$18.59 |
Equity / Book Value | 1.13B |
Book Value Per Share | 12.28 |
Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $49.15 million and capital expenditures $6.08 million, giving a free cash flow of $55.23 million.
Operating Cash Flow | 49.15M |
Capital Expenditures | 6.08M |
Free Cash Flow | 55.23M |
FCF Per Share | $0.60 |
Margins
Gross margin is 55.60%, with operating and profit margins of -8.90% and -32.52%.
Gross Margin | 55.60% |
Operating Margin | -8.90% |
Pretax Margin | -32.32% |
Profit Margin | -32.52% |
EBITDA Margin | 31.37% |
EBIT Margin | -0.64% |
FCF Margin | 19.69% |
Dividends & Yields
This stock pays an annual dividend of $0.21, which amounts to a dividend yield of 1.44%.
Dividend Per Share | $0.21 |
Dividend Yield | 1.44% |
Dividend Growth (YoY) | n/a |
Years of Dividend Growth | n/a |
Payout Ratio | n/a |
Buyback Yield | -0.44% |
Shareholder Yield | 1.00% |
Earnings Yield | -6.80% |
FCF Yield | 4.12% |
Analyst Forecast
The average price target for VRE is $17.33, which is 19.19% higher than the current price. The consensus rating is "Buy".
Price Target | $17.33 |
Price Target Difference | 19.19% |
Analyst Consensus | Buy |
Analyst Count | 3 |
Revenue Growth Forecast (5Y) | 4.18% |
EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
Last Split Date | n/a |
Split Type | n/a |
Split Ratio | n/a |
Scores
Altman Z-Score | n/a |
Piotroski F-Score | 4 |