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
1.07
Div Yield
$0.32 (1.69%)
VRE Company Profile
Veris Residential, Inc. operates as a forward-thinking Real Estate Investment Trust (REIT) with a strong commitment to environmental and social responsibility. The company primarily focuses on the acquisition, development, ownership, and management of high-quality, Class A apartment complexes. These thoughtfully designed properties aim to meet the sustainable lifestyle needs of today's residents, while also working to positively influence the communities they serve and the planet at large. Veris Residential is guided by an experienced leadership team and Board of Directors, upholding robust corporate governance, industry-leading sustainable operational practices, and an inclusive workplace culture that values equality and merit. To learn more about Veris Residential, Inc. and explore available properties, 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. |