VRE Veris Residential Inc

Price (delayed)

$13.88

Market cap

$1.26B

P/E Ratio

N/A

Dividend/share

N/A

EPS

-$1.58

Enterprise value

$3.4B

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 23% year-on-year and by 8% since the previous quarter
The gross profit has grown by 23% YoY and by 11% from the previous quarter
Veris Residential's EPS has decreased by 14% from the previous quarter
The net income is down by 14% since the previous quarter

Key stats

What are the main financial stats of VRE
Market
Shares outstanding
91.03M
Market cap
$1.26B
Enterprise value
$3.4B
Valuations
Price to earnings (P/E)
N/A
Price to book (P/B)
0.99
Price to sales (P/S)
3.58
EV/EBIT
N/A
EV/EBITDA
97.21
EV/Sales
9.66
Earnings
Revenue
$352.32M
EBIT
-$73.15M
EBITDA
$35.01M
Free cash flow
$101.55M
Per share
EPS
-$1.58
Free cash flow per share
$1.12
Book value per share
$14.03
Revenue per share
$3.87
TBVPS
$46.84
Balance sheet
Total assets
$4.26B
Total liabilities
$2.31B
Debt
$2.19B
Equity
$1.28B
Working capital
N/A
Liquidity
Debt to equity
1.71
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
61.12
Margins
EBITDA margin
9.9%
Gross margin
57.4%
Net margin
-38.5%
Operating margin
-6.4%
Efficiency
Return on assets
-3%
Return on equity
-10.4%
Return on invested capital
-1.1%
Return on capital employed
N/A
Return on sales
-20.8%
Dividend
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A

VRE stock price

How has the Veris Residential stock price performed over time
Intraday
1.02%
1 week
0.07%
1 month
-8.56%
1 year
-16.54%
YTD
-24.48%
QTD
-20.18%

Financial performance

How have Veris Residential's revenue and profit performed over time
Revenue
$352.32M
Gross profit
$202.12M
Operating income
-$22.45M
Net income
-$135.76M
Gross margin
57.4%
Net margin
-38.5%
The operating margin has soared by 73% YoY and by 42% from the previous quarter
The operating income has soared by 69% YoY and by 38% QoQ
The gross profit has grown by 23% YoY and by 11% from the previous quarter
Veris Residential's revenue has increased by 15% YoY and by 7% from the previous quarter

Growth

What is Veris Residential's growth rate over time

Valuation

What is Veris Residential stock price valuation
P/E
N/A
P/B
0.99
P/S
3.58
EV/EBIT
N/A
EV/EBITDA
97.21
EV/Sales
9.66
Veris Residential's EPS has decreased by 14% from the previous quarter
VRE's P/B is 18% below its 5-year quarterly average of 1.2 and 18% below its last 4 quarters average of 1.2
The equity has decreased by 9% YoY
VRE's P/S is 27% lower than its last 4 quarters average of 4.9 and 25% lower than its 5-year quarterly average of 4.8
Veris Residential's revenue has increased by 15% YoY and by 7% from the previous quarter

Efficiency

How efficient is Veris Residential business performance
Veris Residential's ROS has plunged by 186% YoY and by 27% from the previous quarter
The company's return on invested capital fell by 38% QoQ
Veris Residential's ROA has decreased by 20% from the previous quarter
The company's return on equity fell by 17% QoQ

Dividends

What is VRE's dividend history
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A
Recent dividends

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 25% YoY and by 10% from the previous quarter
The total assets has decreased by 17% YoY and by 6% from the previous quarter
VRE's debt is 71% greater than its equity
VRE's debt is down by 23% year-on-year and by 8% since the previous quarter
VRE's debt to equity is down by 15% year-on-year and by 8% since the previous quarter

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