VRE Veris Residential Inc
Price (delayed)
$17
Market cap
$1.58B
P/E Ratio
N/A
Dividend/share
$0.29
EPS
-$0.25
Enterprise value
$3.23B
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 4.6% YoY
Veris Residential's EPS has soared by 80% YoY but it has decreased by 47% from the previous quarter
The net income has soared by 78% year-on-year but it is down by 47% since the previous quarter
The equity has decreased by 3.3% YoY
Key stats
What are the main financial stats of VRE
Market
Valuations
Earnings
Shares outstanding
92.95M
Market cap
$1.58B
Enterprise value
$3.23B
Price to earnings (P/E)
N/A
Price to book (P/B)
1.44
Price to sales (P/S)
5.81
EV/EBIT
49.56
EV/EBITDA
21.83
EV/Sales
11.91
Revenue
$271.07M
Gross profit
$160.01M
Operating income
$34M
Net income
-$23.12M
EBIT
$65.13M
EBITDA
$147.88M
Free cash flow
$116.78M
Per share
Balance sheet
Liquidity
EPS
-$0.25
EPS diluted
-$0.25
Free cash flow per share
$1.26
Book value per share
$11.83
Revenue per share
$2.92
TBVPS
$32.18
Total assets
$2.98B
Total liabilities
$1.74B
Debt
$1.67B
Equity
$1.1B
Working capital
N/A
Debt to equity
1.52
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
11.14
Margins
Efficiency
Dividend
EBITDA margin
54.6%
Gross margin
59%
Net margin
-8.5%
Operating margin
12.5%
Return on assets
-0.8%
Return on equity
-2.1%
Return on invested capital
1.4%
Return on capital employed
N/A
Return on sales
24%
Dividend yield
1.71%
DPS
$0.29
Payout ratio
N/A
VRE stock price
How has the Veris Residential stock price performed over time
Intraday
0.47%
1 week
2.53%
1 month
0.41%
1 year
15.02%
YTD
2.22%
QTD
0.47%
Financial performance
How have Veris Residential's revenue and profit performed over time
Revenue
$271.07M
Gross profit
$160.01M
Operating income
$34M
Net income
-$23.12M
Gross margin
59%
Net margin
-8.5%
VRE's net margin has surged by 79% year-on-year but it is down by 47% since the previous quarter
The net income has soared by 78% year-on-year but it is down by 47% since the previous quarter
The operating income has increased by 30% QoQ
The operating margin has grown by 29% 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
1.44
P/S
5.81
EV/EBIT
49.56
EV/EBITDA
21.83
EV/Sales
11.91
Veris Residential's EPS has soared by 80% YoY but it has decreased by 47% from the previous quarter
VRE's P/B is 31% above its 5-year quarterly average of 1.1 and 11% above its last 4 quarters average of 1.3
The equity has decreased by 3.3% YoY
Veris Residential's revenue has increased by 4.1% YoY
VRE's P/S is 3.8% higher than its last 4 quarters average of 5.6 but 3.2% lower than its 5-year quarterly average of 6.0
Efficiency
How efficient is Veris Residential business performance
The company's return on equity has surged by 77% YoY but it has shrunk by 50% QoQ
Veris Residential's ROA has soared by 73% YoY but it has plunged by 60% from the previous quarter
Veris Residential's ROS has decreased by 9% 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
1.71%
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 71% 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 52% greater than its equity
VRE's debt is down by 10% year-on-year
VRE's debt to equity is down by 7% year-on-year
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.