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.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veris Residential. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Veris Stock refer to our How to Trade Veris Stock guide.

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

68.17 Million

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
2024-09-30-0.09-0.1-0.0111 
2020-11-04
2020-09-30-0.07-0.060.0114 
2014-10-23
2014-09-300.010.020.01100 
View All Earnings Estimates

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 Inc2024-09-30
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, Llc2024-06-30
1.1 M
Balyasny Asset Management Llc2024-09-30
M
Northern Trust Corp2024-09-30
M
Digitalbridge Group Inc2024-06-30
911.5 K
Bank Of New York Mellon Corp2024-06-30
751 K
Cbre Investment Management Listed Real Assets Llc2024-09-30
642.9 K
Blackrock Inc2024-06-30
14.6 M
Vanguard Group Inc2024-09-30
12.4 M
Note, although Veris Residential's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

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 ReportedProjected 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 ReportedProjected 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 Value492.8 M367.8 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

java.lang.NullPointerException: Cannot invoke "java.lang.Number.intValue()" because the return value of "sun.invoke.util.ValueConversions.primitiveConversion(sun.invoke.util.Wrapper, Object, boolean)" is null. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Veris Residential middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Veris Residential. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

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.

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 ReportedProjected 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 PriceAdvice# of Analysts
18.8Buy6Odds
Veris Residential current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
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 Analyst Advice Details

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 Flow47.6 M
Long Term Debt1.9 B
Common Stock Shares Outstanding100.8 M
Total Stockholder Equity1.1 B
Tax Provision492 K
Property Plant And Equipment NetB
Cash And Short Term Investments28 M
Cash28 M
Accounts Payable55.5 M
Net Debt1.8 B
50 Day M A17.6104
Total Current Liabilities82.6 M
Other Operating Expenses268.5 M
Non Current Assets Total3.1 B
Non Currrent Assets OtherM
Stock Based Compensation20.3 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.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Money Managers
Screen money managers from public funds and ETFs managed around the world