Veris Residential Stock Today
| VRE Stock | USD 17.58 0.01 0.06% |
Performance0 of 100
| Odds Of DistressOver 51
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Veris Residential is trading at 17.58 as of the 14th of December 2024, a 0.06 percent decrease since the beginning of the trading day. The stock's lowest day price was 17.51. Veris Residential has 51 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. The performance scores are derived for the period starting the 20th of December 2023 and ending today, the 14th of December 2024. Click here to learn more.
Business Domain Real Estate Management & Development | IPO Date 25th of August 1994 | Category Real Estate |
Veris Residential, Inc. is a forward-thinking, environmentally- and socially-conscious real estate investment trust that primarily owns, operates, acquires, and develops holistically-inspired, Class A multifamily properties that meet the sustainability-conscious lifestyle needs of todays residents while seeking to positively impact the communities it serves and the planet at large. The company has 92.9 M outstanding shares of which 3.93 M shares are at this time shorted by investors with about 7.9 days to cover. More on Veris Residential
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ESG Sustainability
Environmental | Governance | Social |
| CEO | Mahbod Nia | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | VR Education Holdings Plc | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Real Estate Management & Development, Real Estate, NYSE Composite, SP Small-Cap 600, VN 30, VN Index, VN100, VN All Shares, Real Estate, Real Estate Management & Development, REIT—Residential, Real Estate (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsVeris Residential can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Veris Residential's financial leverage. It provides some insight into what part of Veris Residential's total assets is financed by creditors.
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Veris Residential (VRE) is traded on New York Stock Exchange in USA. It is located in Harborside 3, 210 Hudson Street, Jersey City, NJ, United States, 07311-1206 and employs 197 people. Veris Residential is listed under Real Estate Management & Development category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.94 B. Veris Residential runs under Real Estate Management & Development sector within Real Estate industry. The entity has 92.9 M outstanding shares of which 3.93 M shares are at this time shorted by investors with about 7.9 days to cover.
Veris Residential has about 26.78 M in cash with 45.54 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.32.
Check Veris Residential Probability Of Bankruptcy
Ownership AllocationThe majority of Veris Residential outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Veris Residential to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Veris Residential. Please pay attention to any change in the institutional holdings of Veris Residential as this could imply that something significant has changed or is about to change at the company.
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Veris Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Charles Schwab Investment Management Inc | 2024-09-30 | 1.5 M | |
| Victory Capital Management Inc. | 2024-09-30 | 1.2 M | |
| Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.1 M | |
| Balyasny Asset Management Llc | 2024-09-30 | 1 M | |
| Northern Trust Corp | 2024-09-30 | 1 M | |
| Morgan Stanley - Brokerage Accounts | 2024-09-30 | 824 K | |
| Digitalbridge Group Inc | 2024-09-30 | 809.3 K | |
| Qube Research & Technologies | 2024-09-30 | 742.8 K | |
| Bank Of New York Mellon Corp | 2024-09-30 | 654.9 K | |
| Blackrock Inc | 2024-06-30 | 14.6 M | |
| Vanguard Group Inc | 2024-09-30 | 12.4 M |
Veris Residential Historical Income Statement
Veris Stock Against Markets
Veris Residential Corporate Management
| Nicole Jones | Senior Communications | Profile | |
| Howard Stern | Independent Director | Profile | |
| Lori Milo | Senior Resources | Profile | |
| Giovanni Debari | Chief Accounting Officer | Profile | |
| Taryn Fielder | General Secretary | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veris Residential. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Veris Stock refer to our How to Trade Veris Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Veris Residential. If investors know Veris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Veris Residential listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 0.235 | Earnings Share (0.67) | Revenue Per Share 3.171 | Quarterly Revenue Growth 0.016 | Return On Assets 0.0074 |
The market value of Veris Residential is measured differently than its book value, which is the value of Veris that is recorded on the company's balance sheet. Investors also form their own opinion of Veris Residential's value that differs from its market value or its book value, called intrinsic value, which is Veris Residential's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Veris Residential's market value can be influenced by many factors that don't directly affect Veris Residential's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Veris Residential's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veris Residential is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veris Residential's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.