Veris Residential, Inc. (VRE)
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Company Performance
Current Price
as of Sep 18, 2024$17.83
P/E Ratio
N/A
Market Cap
$1.66B
Description
Veris Residential, Inc. is a real estate investment trust, which owns and operates a real estate portfolio comprised predominantly of Class A office and flex properties located primarily in the Northeast. It operates through the following segments: Commercial and Other Real Estate, and Multi-Family Real Estate and Services. The Commercial and Other Real Estate and Multi-Family Real Estate Portfolio segments provides leasing, property management, acquisition, development, construction, and tenant-related services. The company was founded on May 24, 1994 and is headquartered in Jersey City, NJ.
Metrics
Overview
- HQJersey City, NJ
- SectorFinance
- IndustryReal Estate Investment Trusts
- TickerVRE
- Price$17.83+0.39%
Trading Information
- Market Cap$1.66B
- Float89.45%
- Average Daily Volume (1m)424,405
- Average Daily Volume (3m)636,871
- EPS-$1.16
Company
- Revenue$279.21M
- Rev Growth (1yr)-1.82%
- Net Income$1.63M
- Gross Margin27.96%
- EBITDA Margin43.45%
- EBITDA$29.32M
- EV$3.33B
- EV/Revenue11.93
- P/EN/A
- P/S6.51