VRE 📈 Veris Residential - Overview
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US5544891048
VRE: Apartments, Rental, Properties, Real Estate
Veris Residential, Inc. is a forward-thinking, environmentally and socially conscious real estate investment trust (REIT) that primarily owns, operates, acquires and develops holistically-inspired, Class A multifamily properties that meet the sustainability-conscious lifestyle needs of today's residents while seeking to positively impact the communities it serves and the planet at large. The company is guided by an experienced management team and Board of Directors and is underpinned by leading corporate governance principle; a best-in-class and sustainable approach to operations; and an inclusive culture based on equality and meritocratic empowerment. Web URL: https://www.verisresidential.com
Additional Sources for VRE Stock
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
VRE Stock Overview
| Market Cap in USD | 1,930m |
| Sector | Real Estate |
| Industry | REIT - Residential |
| GiC Sub-Industry | Real Estate Development |
| IPO / Inception | 1994-08-25 |
VRE Stock Ratings
| Growth 5y | -2.68% |
| Fundamental | -17.6% |
| Dividend | 14.8% |
| Rel. Strength Industry | 111 |
| Analysts | 3.83/5 |
| Fair Price Momentum | 15.39 USD |
| Fair Price DCF | 13.28 USD |
VRE Dividends
| Dividend Yield 12m | 1.43% |
| Yield on Cost 5y | 1.08% |
| Annual Growth 5y | -33.63% |
| Payout Consistency | 81.6% |
VRE Growth Ratios
| Growth Correlation 3m | 14.7% |
| Growth Correlation 12m | 76% |
| Growth Correlation 5y | 9.9% |
| CAGR 5y | -5.45% |
| CAGR/Mean DD 5y | -0.18 |
| Sharpe Ratio 12m | 0.15 |
| Alpha | -19.04 |
| Beta | 0.92 |
| Volatility | 37.07% |
| Current Volume | 1608.5k |
| Average Volume 20d | 554.2k |
What is the price of VRE stocks?
As of December 22, 2024, the stock is trading at USD 16.41 with a total of 1,608,500 shares traded.
Over the past week, the price has changed by -6.83%, over one month by -10.54%, over three months by -8.28% and over the past year by +6.85%.
As of December 22, 2024, the stock is trading at USD 16.41 with a total of 1,608,500 shares traded.
Over the past week, the price has changed by -6.83%, over one month by -10.54%, over three months by -8.28% and over the past year by +6.85%.
Is Veris Residential a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Veris Residential is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -17.57 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of VRE as of December 2024 is 15.39. This means that VRE is currently overvalued and has a potential downside of -6.22%.
Neither. Based on ValueRay Fundamental Analyses, Veris Residential is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -17.57 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of VRE as of December 2024 is 15.39. This means that VRE is currently overvalued and has a potential downside of -6.22%.
Is VRE a buy, sell or hold?
Veris Residential has received a consensus analysts rating of 3.83. Therefor, it is recommend to buy VRE.
Veris Residential has received a consensus analysts rating of 3.83. Therefor, it is recommend to buy VRE.
- Strong Buy: 3
- Buy: 0
- Hold: 2
- Sell: 1
- Strong Sell: 0
What are the forecast for VRE stock price target?
According to ValueRays Forecast Model, VRE Veris Residential will be worth about 16.7 in December 2025. The stock is currently trading at 16.41. This means that the stock has a potential upside of +1.71%.
According to ValueRays Forecast Model, VRE Veris Residential will be worth about 16.7 in December 2025. The stock is currently trading at 16.41. This means that the stock has a potential upside of +1.71%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 19.5 | 18.6% |
| Analysts Target Price | 18.8 | 14.6% |
| ValueRay Target Price | 16.7 | 1.7% |