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VRE Veris Residential Inc
- Stocks
- Real Estate
- NYSE: VRE
Price (delayed)
$15.63
Market cap
$1.46B
P/E Ratio
N/A
Dividend/share
$0.29
EPS
-$0.32
Enterprise value
$3.1B
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 10% year-on-year
The gross profit has grown by 6% YoY
Veris Residential's EPS has soared by 68% YoY but it has decreased by 28% from the previous quarter
The net income has soared by 67% year-on-year but it is down by 29% since the previous quarter
The equity has decreased by 4.6% YoY
Key stats
What are the main financial stats of VRE
Market
Valuations
Earnings
Shares outstanding
93.32M
Market cap
$1.46B
Enterprise value
$3.1B
Price to earnings (P/E)
N/A
Price to book (P/B)
1.34
Price to sales (P/S)
5.36
EV/EBIT
51.92
EV/EBITDA
21.6
EV/Sales
11.43
Revenue
$271.49M
Gross profit
$162.29M
Operating income
$33.17M
Net income
-$29.92M
EBIT
$59.78M
EBITDA
$143.66M
Free cash flow
$109.96M
Per share
Balance sheet
Liquidity
EPS
-$0.32
EPS diluted
-$0.32
Free cash flow per share
$1.18
Book value per share
$11.62
Revenue per share
$2.92
TBVPS
$31.72
Total assets
$2.95B
Total liabilities
$1.73B
Debt
$1.67B
Equity
$1.08B
Working capital
N/A
Debt to equity
1.54
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
11.45
Margins
Efficiency
Dividend
EBITDA margin
52.9%
Gross margin
59.8%
Net margin
-11%
Operating margin
12.2%
Return on assets
-1%
Return on equity
-2.7%
Return on invested capital
1.3%
Return on capital employed
N/A
Return on sales
22%
Dividend yield
1.86%
DPS
$0.29
Payout ratio
N/A
VRE stock price
How has the Veris Residential stock price performed over time
Intraday
-0.51%
1 week
-2.13%
1 month
6.11%
1 year
2.69%
YTD
-6.01%
QTD
-7.62%
Financial performance
How have Veris Residential's revenue and profit performed over time
Revenue
$271.49M
Gross profit
$162.29M
Operating income
$33.17M
Net income
-$29.92M
Gross margin
59.8%
Net margin
-11%
VRE's net margin has surged by 68% year-on-year but it is down by 29% since the previous quarter
The net income has soared by 67% year-on-year but it is down by 29% since the previous quarter
The gross profit has grown by 6% YoY
VRE's gross margin is up by 3.3% 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
N/A
P/B
1.34
P/S
5.36
EV/EBIT
51.92
EV/EBITDA
21.6
EV/Sales
11.43
Veris Residential's EPS has soared by 68% YoY but it has decreased by 28% from the previous quarter
VRE's P/B is 13% above its 5-year quarterly average of 1.2 but 3.6% below its last 4 quarters average of 1.4
The equity has decreased by 4.6% YoY
VRE's P/S is 10% lower than its 5-year quarterly average of 6.0 and 6% lower than its last 4 quarters average of 5.7
Veris Residential's revenue has increased by 2.4% YoY
Efficiency
How efficient is Veris Residential business performance
The company's return on equity has surged by 66% YoY but it fell by 29% QoQ
Veris Residential's ROA has soared by 63% YoY but it has decreased by 25% from the previous quarter
Veris Residential's ROS has decreased by 8% from the previous quarter
The company's return on invested capital fell by 7% QoQ
Dividends
What is VRE's dividend history
DPS
$0.29
Dividend yield
1.86%
Payout ratio
N/A
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 70% more than the total liabilities
The total liabilities has contracted by 10% YoY
The total assets has decreased by 8% YoY
VRE's debt is 54% greater than its equity
VRE's debt is down by 10% year-on-year
VRE's debt to equity is down by 6% year-on-year
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.