VRE:NYE-Veris Residential Inc (USD)

COMMON STOCK | REIT - Residential |

Last Closing

USD 17.83

Change

+0.07 (+0.39)%

Market Cap

USD 1.83B

Volume

0.41M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-18 )

Largest Industry Peers for REIT - Residential

Symbol Name Price(Change) Market Cap
AVB AvalonBay Communities Inc

-0.38 (-0.16%)

USD 32.77B
INVH Invitation Homes Inc

-0.25 (-0.69%)

USD 22.22B
AMH American Homes 4 Rent

-0.63 (-1.56%)

USD 17.11B
ELS Equity Lifestyle Properties In..

-0.96 (-1.29%)

USD 14.92B
MAA-PI Mid-America Apartment Communit..

+0.72 (+1.31%)

USD 12.29B
AMH-PH American Homes 4 Rent

-0.19 (-0.76%)

USD 8.56B
AMH-PG American Homes 4 Rent Series G..

+0.17 (+0.69%)

USD 8.48B
IRT Independence Realty Trust Inc

-0.02 (-0.10%)

USD 4.84B
NXRT Nexpoint Residential Trust Inc

-0.52 (-1.13%)

USD 2.34B
UMH UMH Properties Inc

+0.03 (+0.15%)

USD 1.49B

ETFs Containing VRE

9804:HK Premia MSCI Vietnam ETF 2.46 % 0.00 %

N/A

N/A
VNAM Global X MSCI Vietnam ETF 2.32 % 0.00 %

-0.03 (-0.18%)

USD 0.01B
2804:HK Premia MSCI Vietnam ETF 2.28 % 0.00 %

N/A

N/A
VNM 0.00 % 0.68 %

N/A

N/A

Market Performance

  Market Performance vs. Industry/Classification (REIT - Residential) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 13.35% 52% F 70% C-
Dividend Return 0.72% 4% F 17% F
Total Return 14.07% 48% F 65% D
Trailing 12 Months  
Capital Gain 1.36% 16% F 24% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 1.36% 8% B- 21% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -27.15% 4% F 2% F
Dividend Return -27.15% 4% F 2% F
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 41.10% 12% F 23% F
Risk Adjusted Return -66.06% 4% F 4% F
Market Capitalization 1.83B 47% F 65% D

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector