VRE Veris Residential Inc

Price (delayed)

$14.85

Market cap

$1.37B

P/E Ratio

N/A

Dividend/share

$0.1

EPS

-$1.22

Enterprise value

$3.17B

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
The gross profit has grown by 29% YoY
Veris Residential's revenue has increased by 20% YoY and by 2% from the previous quarter
The net income has dropped by 106% year-on-year and by 52% since the previous quarter
Veris Residential's EPS has plunged by 94% YoY and by 49% from the previous quarter

Key stats

What are the main financial stats of VRE
Market
Shares outstanding
92.23M
Market cap
$1.37B
Enterprise value
$3.17B
Valuations
Price to book (P/B)
1.2
Price to sales (P/S)
4.88
EV/EBIT
N/A
EV/EBITDA
41.63
EV/Sales
11.32
Earnings
Revenue
$279.86M
EBIT
-$17.42M
EBITDA
$76.12M
Free cash flow
$47.72M
Per share
EPS
-$1.22
Free cash flow per share
$0.52
Book value per share
$12.33
Revenue per share
$3.05
TBVPS
$35.27
Balance sheet
Total assets
$3.24B
Total liabilities
$1.94B
Debt
$1.85B
Equity
$1.14B
Working capital
N/A
Liquidity
Debt to equity
1.63
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
23.64
Margins
EBITDA margin
27.2%
Gross margin
56.1%
Net margin
-38.3%
Operating margin
-10.9%
Efficiency
Return on assets
-3%
Return on equity
-9.1%
Return on invested capital
-0.3%
Return on capital employed
N/A
Return on sales
-6.2%
Dividend
Dividend yield
0.7%
DPS
$0.1
Payout ratio
N/A

VRE stock price

How has the Veris Residential stock price performed over time
Intraday
1.71%
1 week
0%
1 month
-3.63%
1 year
-5.11%
YTD
-5.59%
QTD
-5.59%

Financial performance

How have Veris Residential's revenue and profit performed over time
Revenue
$279.86M
Gross profit
$157.01M
Operating income
-$30.51M
Net income
-$107.27M
Gross margin
56.1%
Net margin
-38.3%
The net income has dropped by 106% year-on-year and by 52% since the previous quarter
VRE's net margin has dropped by 72% year-on-year and by 50% since the previous quarter
The gross profit has grown by 29% YoY
The operating margin has grown by 21% YoY

Growth

What is Veris Residential's growth rate over time

Valuation

What is Veris Residential stock price valuation
P/E
N/A
P/B
1.2
P/S
4.88
EV/EBIT
N/A
EV/EBITDA
41.63
EV/Sales
11.32
Veris Residential's EPS has plunged by 94% YoY and by 49% from the previous quarter
VRE's P/B is 9% above its 5-year quarterly average of 1.1
The equity has decreased by 8% YoY
Veris Residential's revenue has increased by 20% YoY and by 2% from the previous quarter
VRE's P/S is 19% lower than its 5-year quarterly average of 6.0 and 10% lower than its last 4 quarters average of 5.4

Efficiency

How efficient is Veris Residential business performance
The company's return on invested capital has shrunk by 200% QoQ
Veris Residential's ROS has plunged by 191% from the previous quarter
Veris Residential's ROA has plunged by 150% YoY and by 58% from the previous quarter
The company's return on equity has shrunk by 117% YoY and by 54% QoQ

Dividends

What is VRE's dividend
DPS
$0.1
Dividend yield
0.7%
Payout ratio
N/A

Financial health

How did Veris Residential financials performed over time
The total assets is 67% more than the total liabilities
The total assets has decreased by 17% YoY and by 2.7% from the previous quarter
The total liabilities has contracted by 3.5% YoY and by 3.1% from the previous quarter
VRE's debt is 63% greater than its equity
The equity has decreased by 8% YoY
VRE's debt to equity is up by 6% year-on-year but it is down by 2.4% since the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.