Veris Residential Stock (NYSE:VRE)
Previous Close
$19.00
52W Range
$13.69 - $19.03
50D Avg
$18.93
200D Avg
$16.30
Market Cap
$1.78B
Avg Vol (3M)
$1.19M
Beta
1.20
Div Yield
$0.32 (1.69%)
VRE Company Profile
Veris Residential, Inc. is a real estate investment trust, which owns and operates a real estate portfolio comprised predominantly of Class A office and flex properties located primarily in the Northeast. It operates through the following segments: Commercial and Other Real Estate, and Multi-Family Real Estate and Services. The Commercial and Other Real Estate and Multi-Family Real Estate Portfolio segments provides leasing, property management, acquisition, development, construction, and tenant-related services. The company was founded on May 24, 1994 and is headquartered in Jersey City, NJ.
VRE Performance
Revenue Breakdown
Revenue Breakdown by Product/Service
| Product/Service | Dec 24 | Dec 23 | Dec 22 |
|---|---|---|---|
| Real Estate, Other | $6.58M | $5.81M | $33.31M |
| Management Fees | $3.34M | - | - |
| Operating Leases | $245.69M | $252.14M | $284.06M |
| Parking | $15.46M | $18.04M | $18.56M |
| Real Estate Services | - | $3.87M | $3.58M |
| Hotel | - | - | $15.51M |
Fiscal year ends in Dec 25 | Currency in USD