Veris Residential Stock Analysis
VRE Stock | USD 18.25 0.05 0.27% |
Veris Residential is fairly valued with Real Value of 18.29 and Target Price of 18.8. The main objective of Veris Residential stock analysis is to determine its intrinsic value, which is an estimate of what Veris Residential is worth, separate from its market price. There are two main types of Veris Residential's stock analysis: fundamental analysis and technical analysis.
The Veris Residential stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Veris Residential's ongoing operational relationships across important fundamental and technical indicators.
Veris |
Veris Stock Analysis Notes
About 90.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 1.52. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Veris Residential has Price/Earnings To Growth (PEG) ratio of 1.35. The entity recorded a loss per share of 0.67. The firm last dividend was issued on the 31st of December 2024. Veris Residential, Inc. is a forward-thinking, environmentally- and socially-conscious real estate investment trust that primarily owns, operates, acquires, and develops holistically-inspired, Class A multifamily properties that meet the sustainability-conscious lifestyle needs of todays residents while seeking to positively impact the communities it serves and the planet at large. For additional information on Veris Residential, Inc. and our properties available for lease, please visit httpwww.verisresidential.com. Veris Residential operates under REITResidential classification in the United States and is traded on New York Stock Exchange. It employs 234 people. For more information please call Mahbod Nia at 732 590 1010 or visit https://www.verisresidential.com.Veris Residential Quarterly Total Revenue |
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Veris Residential Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Veris Residential's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Veris Residential or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
The company reported the last year's revenue of 279.86 M. Reported Net Loss for the year was (112.36 M) with profit before taxes, overhead, and interest of 195.04 M. | |
Over 90.0% of the company outstanding shares are owned by institutional investors | |
On 16th of October 2024 Veris Residential paid $ 0.07 per share dividend to its current shareholders | |
Latest headline from thelincolnianonline.com: Veris Residential, Inc. Shares Purchased by HGI Capital Management LLC |
Veris Residential Upcoming and Recent Events
20th of February 2024 Upcoming Quarterly Report | View | |
24th of April 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
20th of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Veris Largest EPS Surprises
Earnings surprises can significantly impact Veris Residential's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2024-10-30 | 2024-09-30 | -0.09 | -0.1 | -0.01 | 11 | ||
2020-11-04 | 2020-09-30 | -0.07 | -0.06 | 0.01 | 14 | ||
2014-10-23 | 2014-09-30 | 0.01 | 0.02 | 0.01 | 100 |
Veris Residential Environmental, Social, and Governance (ESG) Scores
Veris Residential's ESG score is a quantitative measure that evaluates Veris Residential's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Veris Residential's operations that may have significant financial implications and affect Veris Residential's stock price as well as guide investors towards more socially responsible investments.
Veris Stock Institutional Investors
Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Charles Schwab Investment Management Inc | 2024-09-30 | 1.5 M | Victory Capital Management Inc. | 2024-09-30 | 1.2 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.1 M | Nuveen Asset Management, Llc | 2024-06-30 | 1.1 M | Balyasny Asset Management Llc | 2024-09-30 | 1 M | Northern Trust Corp | 2024-09-30 | 1 M | Digitalbridge Group Inc | 2024-06-30 | 911.5 K | Bank Of New York Mellon Corp | 2024-06-30 | 751 K | Cbre Investment Management Listed Real Assets Llc | 2024-09-30 | 642.9 K | Blackrock Inc | 2024-06-30 | 14.6 M | Vanguard Group Inc | 2024-09-30 | 12.4 M |
Veris Market Capitalization
The company currently falls under 'Mid-Cap' category with a total capitalization of 2.01 B.Veris Profitablity
The company has Net Profit Margin of (0.05) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of 0.19 %, which entails that for every 100 dollars of revenue, it generated $0.19 of operating income.Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.03) | (0.03) | |
Return On Assets | (0.03) | (0.03) | |
Return On Equity | (0.09) | (0.09) |
Management Efficiency
The current year's Return On Tangible Assets is expected to grow to -0.03. In addition to that, Return On Capital Employed is expected to decline to 0.0009. At present, Veris Residential's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 4.2 M, whereas Intangible Assets are forecasted to decline to about 9.5 M. Veris Residential's management efficiency ratios could be used to measure how well Veris Residential manages its routine affairs as well as how well it operates its assets and liabilities.Last Reported | Projected for Next Year | ||
Book Value Per Share | 14.20 | 13.49 | |
Tangible Book Value Per Share | 14.09 | 13.38 | |
Enterprise Value Over EBITDA | 31.18 | 32.74 | |
Price Book Value Ratio | 1.27 | 1.45 | |
Enterprise Value Multiple | 31.18 | 32.74 | |
Price Fair Value | 1.27 | 1.45 | |
Enterprise Value | 492.8 M | 367.8 M |
The strategic initiatives led by Veris Residential's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Dividend Yield 0.0175 | Operating Margin 0.1922 | Profit Margin (0.05) | Forward Dividend Yield 0.0175 | Beta 1.25 |
Technical Drivers
As of the 1st of December, Veris Residential has the Semi Deviation of 1.25, coefficient of variation of 1447.19, and Risk Adjusted Performance of 0.0568. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Veris Residential, as well as the relationship between them. Please validate Veris Residential jensen alpha and downside variance to decide if Veris Residential is priced more or less accurately, providing market reflects its prevalent price of 18.25 per share. Given that Veris Residential has jensen alpha of (0.01), we advise you to double-check Veris Residential's current market performance to make sure the company can sustain itself at a future point.Veris Residential Price Movement Analysis
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Veris Residential Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Veris Residential insiders, such as employees or executives, is commonly permitted as long as it does not rely on Veris Residential's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Veris Residential insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Veris Residential Outstanding Bonds
Veris Residential issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Veris Residential uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Veris bonds can be classified according to their maturity, which is the date when Veris Residential has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Veris Residential Predictive Daily Indicators
Veris Residential intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Veris Residential stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Veris Residential Corporate Filings
8K | 18th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 8th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 30th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 18th of October 2024 An amended filing to the original Schedule 13G | ViewVerify |
F4 | 2nd of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 9th of September 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 6th of September 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Veris Residential Forecast Models
Veris Residential's time-series forecasting models are one of many Veris Residential's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Veris Residential's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Veris Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Veris Residential prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Veris shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Veris Residential. By using and applying Veris Stock analysis, traders can create a robust methodology for identifying Veris entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | (0.56) | (0.53) | |
Operating Profit Margin | 0.01 | 0.01 | |
Net Loss | (0.38) | (0.36) | |
Gross Profit Margin | 0.56 | 0.67 |
Current Veris Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Veris analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Veris analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
18.8 | Buy | 6 | Odds |
Most Veris analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Veris stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Veris Residential, talking to its executives and customers, or listening to Veris conference calls.
Veris Stock Analysis Indicators
Veris Residential stock analysis indicators help investors evaluate how Veris Residential stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Veris Residential shares will generate the highest return on investment. By understating and applying Veris Residential stock analysis, traders can identify Veris Residential position entry and exit signals to maximize returns.
Begin Period Cash Flow | 47.6 M | |
Long Term Debt | 1.9 B | |
Common Stock Shares Outstanding | 100.8 M | |
Total Stockholder Equity | 1.1 B | |
Tax Provision | 492 K | |
Property Plant And Equipment Net | 3 B | |
Cash And Short Term Investments | 28 M | |
Cash | 28 M | |
Accounts Payable | 55.5 M | |
Net Debt | 1.8 B | |
50 Day M A | 17.6104 | |
Total Current Liabilities | 82.6 M | |
Other Operating Expenses | 268.5 M | |
Non Current Assets Total | 3.1 B | |
Non Currrent Assets Other | 4 M | |
Stock Based Compensation | 20.3 M |
Complementary Tools for Veris Stock analysis
When running Veris Residential's price analysis, check to measure Veris Residential's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Veris Residential is operating at the current time. Most of Veris Residential's value examination focuses on studying past and present price action to predict the probability of Veris Residential's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veris Residential's price. Additionally, you may evaluate how the addition of Veris Residential to your portfolios can decrease your overall portfolio volatility.
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