Profile data is unavailable for this security.
About the company
Veris Residential, Inc. is a fully integrated, self-administered, and self-managed real estate investment trust (REIT). The Company owns, operates, and develops multifamily rental properties located primarily in the Northeast, as well as a portfolio of non-strategic land and commercial assets. The Company operates through two segments: multifamily real estate and services and commercial and other real estate. The Company provides property management, leasing, acquisition, development, construction and tenant-related services for its multifamily real estate portfolio and commercial and other real estate located in the United States. The Company owns and has interests in 24 multifamily rental properties as well as non-strategic assets comprised of one office property, four parking/retail properties, and developable land. It seeks to own a portfolio comprised primarily of Class A multifamily properties with premium amenities and offerings that reflect its commitment to sustainability.
- Revenue in USD (TTM)--
- Net income in USD--
- Incorporated1994
- Employees197.00
- LocationVeris Residential IncHarborside 3, 210 Hudson St., Ste. 400JERSEY CITY 07311United StatesUSA
- Phone+1 (732) 590-1000
- Fax+1 (732) 205-8237
- Websitehttps://verisresidential.com/
More ▼
Peer analysis
Key Information
- Key Information
- Stock Performance
- Per Share Data
- Efficiency
- Management Effectiveness
- Profitability
- Financial Strength
- Growth Rates
| Company | Revenue (TTM) | Net income (TTM) | Market cap | Employees | Price/earnings (TTM) | Price/book value (MRQ) | Price/cash flow (TTM) | Price/sales (TTM) | EPS (excl. extraordinary items, TTM) | EPS (incl. extraordinary items, TTM) | Revenue per share (TTM) | Book value per share (MRQ) | Asset turnover (TTM) | Inventory turnover (TTM) | Receivables turnover (TTM) | Revenues per employee (TTM) | Return on avg assets (TTM) | Return on avg assets (5 yr avg) | Return on investment (TTM) | Return on investment (5 yr avg) | Gross margin (TTM) | Gross margin (5 yr avg) | Net profit margin (TTM) | Net Profit margin (5 yr avg) | Quick ratio (MRQ) | Interest coverage (TTM) | Total debt to capital (MRQ) | Payout ratio (5 yr avg) | Revenue (YOY change %) | Revenue (5 yr growth rate) | Net income (YOY change %) | Net income (5 yr growth rate) | Capital expenditure (5 yr growth rate) | Dividend (5 yr growth rate) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Easterly Government Properties Inc | 287.23m | 18.21m | 1.21bn | 56.00 | 61.62 | 0.9065 | 10.81 | 4.23 | 0.1926 | 0.1926 | 3.04 | 13.09 | 0.1006 | -- | 4.59 | 5,129,054.00 | 0.7378 | 0.8832 | 0.7935 | 0.9586 | 64.34 | 67.13 | 7.33 | 8.49 | -- | 1.52 | 0.4788 | 448.70 | -2.17 | 12.33 | -41.14 | 31.78 | -6.46 | 0.3817 |
| Marcus & Millichap Inc | 645.93m | -34.04m | 1.25bn | 896.00 | -- | 1.93 | -- | 1.94 | -0.8817 | -0.8817 | 16.71 | 16.80 | 0.6864 | -- | 30.32 | 720,900.70 | -3.62 | 7.80 | -4.19 | 9.34 | 37.04 | 36.14 | -5.27 | 6.97 | -- | -66.86 | 0.00 | 24.95 | -50.38 | -4.54 | -132.66 | -- | 3.03 | -- |
| American Assets Trust, Inc | 441.16m | 50.38m | 1.30bn | 228.00 | 24.08 | 1.08 | 7.04 | 2.94 | 0.8842 | 0.8842 | 6.10 | 19.67 | 0.1477 | -- | 57.03 | 1,934,930.00 | 2.17 | 1.78 | 2.21 | 1.82 | 62.84 | 64.16 | 14.66 | 12.96 | -- | 1.95 | 0.5943 | 178.82 | 4.38 | 5.92 | 15.80 | 20.67 | 8.81 | 3.90 |
| Elme Communities | 227.91m | -53.23m | 1.32bn | 243.00 | -- | 1.15 | 36.76 | 5.80 | -0.6066 | -0.6066 | 2.60 | 13.13 | 0.1208 | -- | 13.41 | 937,905.40 | -2.81 | -1.66 | -2.90 | -1.72 | 61.42 | 60.92 | -23.24 | -18.93 | -- | 0.826 | 0.3705 | -- | 8.85 | -4.82 | -71.16 | -- | -3.90 | -9.71 |
| Safehold Inc | 352.58m | -54.97m | 1.36bn | 86.00 | -- | 0.6059 | -- | 3.85 | -0.8102 | -0.8102 | 5.29 | 31.39 | 0.0569 | 0.9585 | 0.2353 | 4,099,744.00 | -0.8801 | -0.4217 | -0.901 | -0.4481 | 98.68 | 70.33 | -15.48 | -8.05 | -- | 1.71 | 0.6385 | -- | 30.43 | -15.07 | -140.59 | -- | -42.52 | -- |
| Veris Residential Inc | -100.00bn | -100.00bn | 1.39bn | 197.00 | -- | 1.23 | -- | -- | -- | -- | -- | 12.26 | -- | -- | -- | -- | -- | -0.9655 | -- | -1.16 | -- | 54.94 | -- | -16.21 | -- | -- | 0.5912 | -- | 19.88 | -5.52 | -147.11 | -- | -47.40 | -- |
| LTC Properties Inc | 197.24m | 89.15m | 1.40bn | 23.00 | 14.98 | 1.57 | 10.86 | 7.09 | 2.15 | 2.15 | 4.77 | 20.48 | 0.1124 | -- | 9.51 | 8,575,826.00 | 5.21 | 5.43 | 5.43 | 5.62 | 93.27 | 91.29 | 46.37 | 48.70 | -- | 2.65 | 0.4931 | 108.90 | 12.61 | 3.18 | -10.35 | -10.40 | -7.50 | 0.00 |
| JBG SMITH Properties | 604.20m | -82.03m | 1.40bn | 844.00 | -- | 0.6487 | 11.31 | 2.32 | -0.8444 | -0.8444 | 5.75 | 23.57 | 0.1058 | -- | 2.73 | 715,874.40 | -1.61 | -0.2509 | -1.83 | -0.2857 | 51.89 | 48.98 | -15.18 | -2.44 | -- | 0.5163 | 0.4876 | -- | -0.2684 | -1.27 | -198.23 | -- | -2.89 | 0.00 |
| Opendoor Technologies Inc | 6.95bn | -275.00m | 1.46bn | 1.98k | -- | 1.51 | -- | 0.2104 | -0.4182 | -0.4182 | 10.51 | 1.43 | 1.37 | 2.07 | 356.21 | 3,504,541.00 | -5.41 | -12.41 | -6.40 | -18.92 | 7.01 | 6.36 | -3.96 | -7.61 | 23.86 | -1.73 | 0.7219 | -- | -55.38 | 30.46 | 79.67 | -- | 13.07 | -- |
| Getty Realty Corp. | 185.85m | 57.94m | 1.48bn | 32.00 | 23.80 | 1.55 | 14.01 | 7.95 | 1.15 | 1.15 | 3.69 | 17.71 | 0.1098 | 0.4704 | 3.26 | 5,807,688.00 | 3.55 | 4.69 | 3.74 | 5.00 | 86.52 | 84.00 | 32.37 | 41.79 | -- | 2.91 | 0.4419 | 113.54 | 12.23 | 6.43 | -34.11 | 4.30 | 24.12 | 5.84 |
| Xenia Hotels & Resorts Inc | 1.03bn | 18.88m | 1.48bn | 45.00 | 84.34 | 1.15 | 9.75 | 1.44 | 0.1723 | 0.1723 | 9.46 | 12.61 | 0.3428 | -- | 29.30 | 22,787,620.00 | 0.6644 | -1.15 | 0.7015 | -1.20 | 55.32 | 54.38 | 1.94 | -4.30 | -- | 1.08 | 0.5143 | -- | 2.79 | -0.627 | -66.08 | -37.18 | -23.53 | -18.32 |
| Empire State Realty Trust Inc | 739.57m | 49.04m | 1.53bn | 666.00 | 46.63 | 1.55 | 5.67 | 2.07 | 0.2007 | 0.2007 | 3.09 | 6.23 | 0.1765 | -- | 23.13 | 1,110,469.00 | 2.01 | 0.9451 | 2.53 | 1.19 | 55.42 | 55.75 | 11.41 | 5.71 | -- | 1.70 | 0.5641 | 164.17 | 1.72 | 0.2194 | 34.58 | -5.64 | -7.31 | -19.73 |
| eXp World Holdings Inc | 4.28bn | -8.97m | 1.57bn | 2.11k | -- | 6.59 | 818.76 | 0.367 | -0.0599 | -0.0599 | 27.43 | 1.57 | 11.16 | -- | 49.43 | 2,025,121.00 | -2.34 | 8.05 | -3.62 | 13.38 | 7.57 | 7.98 | -0.2096 | 0.7068 | -- | -5.23 | 0.00008 | 59.74 | -6.90 | 53.64 | -158.11 | -- | 30.10 | -- |
| Cim Real Estate Finance Trust Inc | 568.86m | 28.08m | 1.57bn | 0.00 | 56.00 | 0.6453 | 22.28 | 2.77 | 0.0642 | 0.0642 | 1.30 | 5.57 | 0.0838 | -- | 11.26 | -- | 0.4137 | 1.51 | 0.4177 | 1.52 | 94.47 | 86.68 | 4.94 | 19.99 | -- | 1.20 | 0.6171 | 191.08 | 25.81 | 5.69 | -80.47 | -5.51 | -8.22 | -- |
| Retail Opportunity Investments Corp | 327.73m | 34.08m | 1.58bn | 71.00 | 48.33 | 1.22 | 11.22 | 4.82 | 0.2566 | 0.2566 | 2.47 | 10.14 | 0.1096 | -- | 5.52 | 4,615,944.00 | 1.23 | 1.62 | 1.29 | 1.70 | 83.17 | 84.35 | 11.18 | 15.82 | -- | 1.50 | 0.5028 | 146.36 | 4.73 | 2.07 | -33.82 | -4.25 | -2.96 | -5.11 |
Data as of Apr 25 2024. Currency figures normalised to Veris Residential Inc's reporting currency: US Dollar USD
65.98%Per cent of shares held by top holders
| Holder | Shares | % Held |
|---|---|---|
| BlackRock Fund Advisorsas of 31 Dec 2023 | 13.20m | 14.31% |
| The Vanguard Group, Inc.as of 31 Dec 2023 | 12.15m | 13.17% |
| Madison International Realty Holdings LLCas of 31 Dec 2023 | 6.11m | 6.62% |
| Wellington Management Co. LLPas of 31 Dec 2023 | 5.81m | 6.30% |
| Bow Street LLCas of 31 Aug 2023 | 5.20m | 5.63% |
| PGIM, Inc.as of 31 Dec 2023 | 5.16m | 5.60% |
| SSgA Funds Management, Inc.as of 31 Dec 2023 | 5.11m | 5.54% |
| H/2 Credit Manager LPas of 31 Dec 2023 | 4.30m | 4.66% |
| Millennium Management LLCas of 31 Dec 2023 | 1.96m | 2.13% |
| Geode Capital Management LLCas of 31 Dec 2023 | 1.85m | 2.01% |
More ▼
Data from 31 Aug 2023 - 31 Dec 2023Source: FactSet Research Systems Inc.
