XNYSVRE
Market cap1.43bUSD
Jan 10, Last price
15.41USD
1D
-1.60%
1Q
-10.98%
Jan 2017
-46.90%
Name
Veris Residential Inc
Chart & Performance
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/.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 279,859 -21.17% | 355,018 7.80% | |||||||
Cost of revenue | 167,317 | 217,502 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 112,542 | 137,516 | |||||||
NOPBT Margin | 40.21% | 38.73% | |||||||
Operating Taxes | 492 | 78,040 | |||||||
Tax Rate | 0.44% | 56.75% | |||||||
NOPAT | 112,050 | 59,476 | |||||||
Net income | (107,265) -4.38% | (112,177) -42.61% | |||||||
Dividends | (5,123) | (61) | |||||||
Dividend yield | 0.32% | 0.00% | |||||||
Proceeds from repurchase of equity | (142) | (2,692) | |||||||
BB yield | 0.01% | 0.19% | |||||||
Debt | |||||||||
Debt current | 1,272 | 145,045 | |||||||
Long-term debt | 1,867,327 | 1,907,205 | |||||||
Deferred revenue | 2,006,200 | ||||||||
Other long-term liabilities | (6,079) | (2,009,428) | |||||||
Net debt | 1,722,638 | 1,899,310 | |||||||
Cash flow | |||||||||
Cash from operating activities | 45,540 | 66,454 | |||||||
CAPEX | (181,980) | ||||||||
Cash from investing activities | 579,650 | 220,088 | |||||||
Cash from financing activities | (618,260) | (290,348) | |||||||
FCF | (2,585,204) | 324,080 | |||||||
Balance | |||||||||
Cash | 28,007 | 26,782 | |||||||
Long term investments | 117,954 | 126,158 | |||||||
Excess cash | 131,968 | 135,189 | |||||||
Stockholders' equity | (1,248,508) | (617,614) | |||||||
Invested Capital | 4,408,229 | 4,577,976 | |||||||
ROIC | 2.49% | 1.26% | |||||||
ROCE | 3.56% | 3.47% | |||||||
EV | |||||||||
Common stock shares outstanding | 100,812 | 91,046 | |||||||
Price | 15.73 -1.26% | 15.93 -13.33% | |||||||
Market cap | 1,585,773 9.34% | 1,450,363 -13.13% | |||||||
EV | 3,475,485 | 4,028,556 | |||||||
EBITDA | 206,084 | 248,908 | |||||||
EV/EBITDA | 16.86 | 16.18 | |||||||
Interest | 139,137 | 78,040 | |||||||
Interest/NOPBT | 123.63% | 56.75% |