Loading...
XNYS
VRE
Market cap1.36bUSD
Jul 23, Last price  
14.53USD
Name

Veris Residential Inc

Chart & Performance

D1W1MN
P/E
P/S
5.00
EPS
Div Yield, %
1.26%
Shrs. gr., 5y
0.14%
Rev. gr., 5y
-5.03%
Revenues
271m
-3.14%
643,405,000740,309,000808,350,000777,969,000764,525,000787,480,000724,279,000704,743,000667,031,000636,799,000594,883,000613,398,000616,200,000530,606,000350,935,000313,562,000329,317,000355,018,000279,859,000271,074,000
Net income
-23m
L-78.45%
95,488,000144,666,000110,466,00053,726,00054,568,00054,900,00071,420,00040,922,000-14,909,00028,567,000-125,752,000117,224,00023,185,00084,111,0008,821,000-132,236,000-195,452,000-112,177,000-107,265,000-23,120,000
CFO
52m
+14.91%
242,929,000235,927,000259,976,000275,989,000294,686,000223,036,000252,065,000244,706,000198,693,000159,253,000169,455,000100,107,000196,140,000167,073,000131,842,00085,422,00056,115,00066,454,00045,540,00052,328,000
Dividend
Sep 30, 20240.07 USD/sh

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/.
IPO date
Aug 25, 1994
Employees
215
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2024‑122023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑12
Income
Revenues
271,074
-3.14%
279,859
-21.17%
355,018
7.80%
Cost of revenue
150,120
167,317
217,502
Unusual Expense (Income)
NOPBT
120,954
112,542
137,516
NOPBT Margin
44.62%
40.21%
38.73%
Operating Taxes
276
492
78,040
Tax Rate
0.23%
0.44%
56.75%
NOPAT
120,678
112,050
59,476
Net income
(23,120)
-78.45%
(107,265)
-4.38%
(112,177)
-42.61%
Dividends
(24,052)
(5,123)
(61)
Dividend yield
1.43%
0.32%
0.00%
Proceeds from repurchase of equity
1,765
(142)
(2,692)
BB yield
-0.10%
0.01%
0.19%
Debt
Debt current
348,839
1,272
145,045
Long-term debt
1,323,474
1,867,327
1,907,205
Deferred revenue
2,006,200
Other long-term liabilities
(6,079)
(2,009,428)
Net debt
(1,129,950)
1,722,638
1,899,310
Cash flow
Cash from operating activities
52,328
45,540
66,454
CAPEX
(181,980)
Cash from investing activities
162,051
579,650
220,088
Cash from financing activities
(244,648)
(618,260)
(290,348)
FCF
3,115,959
(2,585,204)
324,080
Balance
Cash
2,802,263
28,007
26,782
Long term investments
117,954
126,158
Excess cash
2,788,709
131,968
135,189
Stockholders' equity
9,448
(1,248,508)
(617,614)
Invested Capital
2,905,228
4,408,229
4,577,976
ROIC
3.30%
2.49%
1.26%
ROCE
4.15%
3.56%
3.47%
EV
Common stock shares outstanding
101,381
100,812
91,046
Price
16.63
5.72%
15.73
-1.26%
15.93
-13.33%
Market cap
1,685,966
6.32%
1,585,773
9.34%
1,450,363
-13.13%
EV
565,310
3,475,485
4,028,556
EBITDA
214,285
206,084
248,908
EV/EBITDA
2.64
16.86
16.18
Interest
87,976
139,137
78,040
Interest/NOPBT
72.74%
123.63%
56.75%