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Veris Residential Inc.

Logo Veris Residential Inc.

Real Estate

Real Estate Investment Trusts

Nasdaq

as 04-17-2024 11:09am EST

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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.

Founded: N/A Country:
United States
United States
Employees: 197 City: JERSEY CITY
Market Cap: 1.3B IPO Year: 1994
Target Price: $17.33 AVG Volume (30 days): 656.0K
Analyst Decision: Buy Number of Analysts: 3
Dividend Yield: 1.50% Dividend Payout Frequency: Semi-Annual
EPS: -1.22 EPS Growth: N/A
52 Week Low/High: $13.07 - $18.98 Next Earning Date: 04-24-2024
Revenue: $279,859,000 Revenue Growth: 19.88%
Revenue Growth (this year): 3.37% Revenue Growth (next year): 4.24%

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