Veris Residential, Inc.

NYQ: VRE
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📈 ZcoreAI Score

Our AI model analyzes Veris Residential, Inc.'s price action across multiple timeframes using regression channels and statistical scoring.

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About Veris Residential, Inc.

Real Estate REIT - Residential
Veris Residential, Inc. is a forward-thinking real estate investment trust (REIT) that primarily owns, operates, acquires and develops premier Class A multifamily properties in the Northeast. Our technology-enabled, vertically integrated operating platform delivers a contemporary living experience aligned with residents' preferences while positively impacting the communities we serve. We are guided by an experienced management team and Board of Directors, underpinned by leading corporate governance principles; a best-in-class approach to operations; and an inclusive culture based on meritocratic empowerment.

📊 Fundamental Analysis

Veris Residential, Inc. demonstrates a profit margin of 25.7%, which is below the sector average, suggesting competitive pressure.

The company recently reported 4.6% revenue growth, which is above average for the Real Estate sector.

Return on Equity (ROE) is 5.9%, which suggests room for improvement in capital utilization.

At a current price of $18.90, VRE currently trades near the top of its 52-week range (98%) (Range: $13.69 - $19.03).

💰 Valuation Insight

VRE is valued broadly in line with the sector at a PE of 24.87. Analysts expect earnings growth, as indicated by a lower forward PE.

🏥 Financial Health

🔴 Profit Margin Weak
Debt/Equity Excellent
⚠️ Revenue Growth Moderate
🔴 Return on Equity Weak
⚠️ Beta (Risk) Moderate Volatility

Key Financials

Market Cap
$1.93B
Trailing P/E
24.87
Forward P/E
-67.50
Beta (5Y)
1.16
52W High
$19.03
52W Low
$13.69
Avg Volume
1.68M
Day High
Day Low
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