Veris Residential Stock (NYSE:VRE)
Previous Close
$18.85
52W Range
$13.69 - $18.89
50D Avg
$16.23
200D Avg
$15.19
Market Cap
$1.76B
Avg Vol (3M)
$1.40M
Beta
1.19
Div Yield
$0.32 (1.70%)
VRE Company Profile
Veris Residential, Inc. is a forward-thinking, environmentally- and socially-conscious real estate investment trust (REIT) that primarily owns, operates, acquires, and develops holistically-inspired, Class A multifamily properties that meet the sustainability-conscious lifestyle needs of today's residents while seeking to positively impact the communities it serves and the planet at large. The company is guided by an experienced management team and Board of Directors and is underpinned by leading corporate governance principles, a best-in-class and sustainable approach to operations, and an inclusive culture based on equality and meritocratic empowerment. For additional information on Veris Residential, Inc. and our properties available for lease, please visit http://www.verisresidential.com/.
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
Peer Comparison
| Ticker | Company |
|---|---|
| ARI | Apollo Commercial Real Estate Finance, Inc. |
| KREF | KKR Real Estate Finance Trust Inc. |
| XHR | Xenia Hotels & Resorts, Inc. |
| UMH | UMH Properties, Inc. |
| TRTX | TPG RE Finance Trust, Inc. |
| LADR | Ladder Capital Corp |
| SILA | Sila Realty Trust, Inc. |
| IIPR | Innovative Industrial Properties, Inc. |
| EFC | Ellington Financial Inc. |