Veris Residential Inc
General ticker "VRE" information:
- Sector: Real Estate
- Industry: Residential REITs
- Capitalization: $1.6B
Veris Residential Inc follows the US Stock Market performance with the rate: 56.1%.
Estimated limits based on current volatility of 2.1%: low 16.51$, high 17.23$
Factors to consider:
- Company pays dividends: last record date 2024-09-30, amount 0.07$ (Y1.71%)
- Price in estimated range
- Earnings for 18 months up through Q2 (+1 year) exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2022-12-31 to 2024-12-30
- 2022-12-31 to 2023-12-31 estimated range: [13.22$, 18.19$]
- 2023-12-31 to 2024-12-30 estimated range: [13.08$, 18.29$]
Financial Metrics affecting the VRE estimates:
- Positive: 0.10 < Non-GAAP EPS, $ of 0.52
- Negative: negative Net income
- Positive: 1.03 < Operating profit margin, % of 7.87
- Positive: 2.35 < Operating cash flow per share per price, % of 4.53
Short-term VRE quotes
Long-term VRE plot with estimates
Financial data
| YTD | 2020-12-31 | 2021-12-31 | 2022-12-31 |
|---|---|---|---|
| Operating Revenue | $313.56MM | $329.32MM | $355.02MM |
| Operating Expenses | $337.19MM | $319.91MM | $327.09MM |
| Operating Income | $-23.62MM | $9.40MM | $27.93MM |
| Non-Operating Income | $-91.90MM | $-158.43MM | $-62.06MM |
| Interest Expense | $80.99MM | $65.19MM | $78.04MM |
| R&D Expense | $0.00MM | $0.00MM | $0.00MM |
| Income(Loss) | $-115.52MM | $-149.02MM | $-34.14MM |
| Taxes | $16.71MM | $46.43MM | $78.04MM |
| Profit(Loss) | $-132.24MM | $-195.45MM | $-112.18MM |
| Stockholders Equity | $1,398.82MM | $1,281.98MM | $1,235.68MM |
| Inventory | $656.96MM | $618.65MM | $193.93MM |
| Assets | $5,147.79MM | $4,527.32MM | $3,920.77MM |
| Operating Cash Flow | $85.42MM | $56.12MM | $66.45MM |
| Capital expenditure | $155.50MM | $65.10MM | $181.98MM |
| Investing Cash Flow | $28.46MM | $446.23MM | $220.09MM |
| Financing Cash Flow | $-102.75MM | $-503.19MM | $-290.35MM |
| Earnings Per Share* | $-1.46 | $-2.15 | $-1.23 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.