Veris Residential Stock (NYSE:VRE)


ForecastRevenueOwnershipFinancialsChartTranscripts

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$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.

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Industry

REIT - Residential

Sector

Real Estate

Exchange

NYSE

ADR

-

Country

US

Employees

181

IPO Date

Aug 25, 1994

Website

VRE Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 24Dec 23Dec 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

VRE Financial Summary


Dec 25Dec 24Dec 23
Revenue$288.43M$271.07M$260.30M
Operating Income$4.12M$38.18M$22.27M
Net Income$78.94M$-23.12M$-107.27M
EBITDA$76.39M$140.05M$104.51M
Basic EPS$0.81$-0.25$-1.22
Diluted EPS$0.80$-0.25$-1.11

Fiscal year ends in Dec 25 | Currency in USD

Latest Earnings Call Transcripts


Q3 25Oct 23, 25 | 8:30 AM
Q2 25Jul 24, 25 | 8:30 AM
Q1 25Apr 24, 25 | 8:30 AM

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