as 04-18-2025 12:45pm EST
Veris Residential Inc is a fully-integrated, self-administered and self-managed real estate investment trust (REIT). The company owns and operates a real estate portfolio comprised predominantly of multifamily rental properties located mainly in the Northeast and Class A office properties. The company performs substantially all real estate management, leasing, acquisition and development on an in-house basis. The properties are in three states in the Northeast, plus the District of Columbia. The company operates in two industry segments multifamily real estate & services and commercial & other real estate. The majority of revenue is from Multifamily real estate services.
Upcoming Earnings Alert:
Get ready for potential market movements as Veris Residential Inc. VRE prepares to release earnings report on 23 Apr 2025.
Founded: | 1949 | Country: | United States |
Employees: | N/A | City: | JERSEY CITY |
Market Cap: | 1.6B | IPO Year: | 1994 |
Target Price: | $18.75 | AVG Volume (30 days): | 618.0K |
Analyst Decision: | Buy | Number of Analysts: | 4 |
Dividend Yield: | Dividend Payout Frequency: | Quarterly | |
EPS: | -0.25 | EPS Growth: | N/A |
52 Week Low/High: | $13.84 - $18.85 | Next Earning Date: | 04-23-2025 |
Revenue: | $275,626,000 | Revenue Growth: | 4.40% |
Revenue Growth (this year): | 1.42% | Revenue Growth (next year): | 1.39% |
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