Stock Scorecard



Stock Summary for Veris Residential Inc (VRE) - $14.65 as of 4/26/2024 3:55:55 PM EST

Total Score

5 out of 29

Currently on the following lists
None
Tim's Recommendation
Avoid

Growth List Algorithm Criteria for VRE

Positive earnings growth
P/E ratio less than Industry P/E Ratio
P/E ratio less than Sector P/E Ratio
P/E ratio that is half the growth rate (or less)
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Positive net income past year and 12 trailing months
Free cash flow ratio greater than 0 and less than 10

Small Cap List Algorithm Criteria for VRE

Revenue growing by at least 20% average per year over the last 5 years
Market Capitalization under 2 billion
Price to Sales (P/S) ratio 12 trailing months less than Industry P/S ratio twelve trailing months
Price to Sales (P/S) ratio 12 trailing months less than Sector P/S ratio twelve trailing months
Net Income past year > Net Income prior year OR Net Income 12 trailing months > Net Income prior year OR Net Income 12 trailing months > Net Income past year

Dividend List Algorithm Criteria for VRE

Declared an ex-dividend date
Forward annual dividend rate greater than 2
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Current ratio most recent quarter greater than 2

Bonus Criteria for VRE

P/E ratio less than five-year Average P/E ratio
Last Price to 52 Week Low Ratio Less Than 1
Total Cash Per Share > Last Day Price
P/S Ratio < 1
P/B Ratio < 1

Latest News for for VRE

3 REITs That Could Be Heading Six-Feet Under 4/27/2024 4:00:00 PM
Veris Residential, Inc. Reports First Quarter 2024 Results 4/24/2024 8:20:00 PM
Northwind Group Provides a $65 Million First-Mortgage Loan Secured by a 33-Story Class A Office Building Within the Jersey City Waterfront's Harborside Financial Center 3/25/2024 1:00:00 PM
Veris Residential ( VRE ) Surpasses Q4 FFO and Revenue Estimates 2/22/2024 12:40:00 AM
LXP Industrial ( LXP ) Q4 FFO Match Estimates 2/15/2024 12:15:00 PM
UDR ( UDR ) Q4 FFO Match Estimates 2/6/2024 10:25:00 PM
Camden ( CPT ) Surpasses Q4 FFO Estimates 2/1/2024 10:30:00 PM
Veris Residential Announces Tax Treatment of 2023 Distributions 1/22/2024 1:00:00 PM
Veris Residential Recognized as a Leader in ESG, DEI and Corporate Stewardship by Top Real Estate and Business Organizations 11/16/2023 2:00:00 PM
Veris Residential ( VRE ) Meets Q3 FFO Estimates 10/25/2023 10:30:00 PM

Financial Details for VRE

Company Overview

Ticker VRE
Company Name Veris Residential Inc
Country USA
Description N/A
Sector Name REAL ESTATE & CONSTRUCTION
Industry Name REAL ESTATE INVESTMENT TRUSTS
Most Recent Quarter 3/31/2024
Next Earnings Date 6/13/2024

Stock Price History

Last Day Price 14.65
Last Day Price Updated 4/26/2024 3:55:55 PM EST
Last Day Volume 0
Average Daily Volume 529,430
52-Week High 18.79
52-Week Low 12.98
Last Price to 52 Week Low 12.87%

Valuation Measures

Trailing PE N/A
Industry PE 60.36
Sector PE 64.69
5-Year Average PE -91.18
Free Cash Flow Ratio 12.01
Industry Free Cash Flow Ratio 170.45
Sector Free Cash Flow Ratio 172.38
Current Ratio Most Recent Quarter 0.36
Total Cash Per Share 1.22
Book Value Per Share Most Recent Quarter 12.26
Price to Book Ratio 1.17
Industry Price to Book Ratio 2.89
Sector Price to Book Ratio 3.49
Price to Sales Ratio Twelve Trailing Months 5.14
Industry Price to Sales Ratio Twelve Trailing Months 6.51
Sector Price to Sales Ratio Twelve Trailing Months 3.47

Share Statistics

Total Shares Outstanding 92,584,000
Market Capitalization 1,356,355,600
Institutional Ownership N/A

Dividends

Ex-Dividend Date 4/2/2024
Last Dividend Amount 0.05
Current Dividend Amount 0.05
Dividend Aristocrat? False
Trailing Annual Dividend Rate 0.16
Trailing Annual Dividend Yield 1.07%
Forward Annual Dividend Rate 0.10
Forward Annual Dividend Yield 0.66%
5-Year Dividend Payments Count 8
3-Year Average Dividend Yield 0.65%
5-Year Average Dividend Yield 2.98%
1-Year Dividend Growth Rate Percentage -82.92%
3-Year Dividend Growth Rate Percentage -64.21%
5-Year Dividend Growth Rate Percentage -38.14%
All-Time Dividend Growth Rate Percentage -5.96%
Dividend Payout Ratio -9.34%

Income Statement

Quarterly Earnings Growth YOY 0.00%
Annual Earnings Growth -106.02%
Reported EPS 12 Trailing Months -1.43
Reported EPS Past Year -0.04
Reported EPS Prior Year -1.23
Net Income Twelve Trailing Months -91,195,000
Net Income Past Year -107,265,000
Net Income Prior Year -52,066,000
Quarterly Revenue Growth YOY 8.10%
5-Year Revenue Growth -5.52%

Balance Sheet

Total Cash Most Recent Quarter 112,701,000
Total Cash Past Year 28,007,000
Total Cash Prior Year 26,782,000
Net Cash Position Most Recent Quarter -3,639,602,000
Net Cash Position Past Year -1,825,890,000
Long Term Debt Past Year 1,853,897,000
Long Term Debt Prior Year 1,903,977,000
Total Debt Most Recent Quarter 3,752,303,000
Equity to Debt Ratio Past Year 0.38
Equity to Debt Ratio Most Recent Quarter 0.23
Total Stockholder Equity Past Year 1,137,478,000
Total Stockholder Equity Prior Year 1,235,685,000
Total Stockholder Equity Most Recent Quarter 1,132,231,000

Options

Put/Call Ratio 0.00
Has Options Options Chain
Liquidity Rating

Technical Analysis

Yahoo Finance Chart Yahoo Finance Chart
MACD -0.01
MACD Signal -0.10
20-Day Bollinger Lower Band 14.20
20-Day Bollinger Middle Band 15.07
20-Day Bollinger Upper Band 15.95
Beta 1.21
RSI 60.09
50-Day SMA 15.79
200-Day SMA 15.45

System

Modified 4/27/2024 2:19:30 PM EST