VRE Veris Residential Inc
- Stocks
- Real Estate
- NYSE: VRE
Price (delayed)
$14.74
Market cap
$1.38B
P/E Ratio
21.68
Dividend/share
$0.32
EPS
$0.68
Enterprise value
$2.78B
Relative Growth:
Rel. Growth:
74
Relative Strength:
Rel. Strength:
42
Relative Valuation:
Rel. Valuation:
77
Relative Profitability:
Rel. Profitability:
71
One of the country's leading real estate investment trusts (REITs), Mack-Cali Realty Corporation is an owner, manager and developer of premier office and multifamily properties in select waterfront and transit-oriented
Highlights
VRE's debt is down by 20% since the previous quarter and by 15% year-on-year
The gross profit has grown by 7% YoY
Key stats
What are the main financial stats of VRE
Market
Valuations
Earnings
Shares outstanding
93.43M
Market cap
$1.38B
Enterprise value
$2.78B
Price to earnings (P/E)
21.68
Price to book (P/B)
1.19
Price to sales (P/S)
4.83
PEG
0.04
EV/EBIT
17.82
EV/EBITDA
11.5
EV/Sales
9.76
Revenue
$285.21M
Gross profit
$170.16M
Operating income
$26.69M
Net income
$63M
EBIT
$156.26M
EBITDA
$242.23M
Free cash flow
$460.09M
Per share
Balance sheet
Liquidity
EPS
$0.68
EPS diluted
$0.67
Free cash flow per share
$4.92
Book value per share
$12.38
Revenue per share
$3.05
TBVPS
$29.87
Total assets
$2.79B
Total liabilities
$1.51B
Debt
$1.43B
Equity
$1.16B
Working capital
N/A
Debt to equity
1.24
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.81
Margins
Efficiency
Dividend
EBITDA margin
84.9%
Gross margin
59.7%
Net margin
22.1%
Operating margin
9.4%
Return on assets
2.1%
Return on equity
5.7%
Return on invested capital
3.4%
Return on capital employed
N/A
Return on sales
54.8%
Dividend yield
2.17%
DPS
$0.32
Payout ratio
47.1%
VRE stock price
How has the Veris Residential stock price performed over time
Intraday
-1.21%
1 week
1.52%
1 month
0.89%
1 year
-15.24%
YTD
-11.37%
QTD
-3.03%
Financial performance
How have Veris Residential's revenue and profit performed over time
Revenue
$285.21M
Gross profit
$170.16M
Operating income
$26.69M
Net income
$63M
Gross margin
59.7%
Net margin
22.1%
The operating income has increased by 8% QoQ
The gross profit has grown by 7% YoY
The operating margin has grown by 6% from the previous quarter but it has contracted by 3.1% YoY
Veris Residential's revenue has increased by 6% YoY
Price vs fundamentals
How does VRE's price correlate with its fundamentals
Growth
What is Veris Residential's growth rate over time
Valuation
What is Veris Residential stock price valuation
P/E
21.68
P/B
1.19
P/S
4.83
EV/EBIT
17.82
EV/EBITDA
11.5
EV/Sales
9.76
VRE's P/B is 8% below its last 4 quarters average of 1.3
The equity has increased by 7% QoQ and by 3.9% YoY
VRE's P/S is 20% lower than its 5-year quarterly average of 6.1 and 9% lower than its last 4 quarters average of 5.4
Veris Residential's revenue has increased by 6% YoY
Efficiency
How efficient is Veris Residential business performance
The company's return on invested capital has surged by 127% QoQ and by 127% YoY
Veris Residential's ROS has soared by 117% from the previous quarter and by 108% YoY
Dividends
What is VRE's dividend history
DPS
$0.32
Dividend yield
2.17%
Payout ratio
47.1%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Veris Residential financials performed over time
The total assets is 85% more than the total liabilities
The total liabilities has contracted by 21% from the previous quarter and by 14% YoY
The total assets has decreased by 11% from the previous quarter and by 7% YoY
VRE's debt is 24% greater than its equity
VRE's debt to equity is down by 24% since the previous quarter and by 18% year-on-year
VRE's debt is down by 20% since the previous quarter and by 15% year-on-year
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.