Veris Residential Inc
NYSE:VRE
Intrinsic Value
Veris Residential, Inc. is a real estate investment trust, which owns and operates a real estate portfolio comprised predominantly of Class A office and flex properties located primarily in the Northe... [ Read More ]
The intrinsic value of one VRE stock under the Base Case scenario is 11.35 USD. Compared to the current market price of 14.92 USD, Veris Residential Inc is Overvalued by 24%.
Valuation Backtest
Veris Residential Inc
Run backtest to discover the historical profit from buying and selling VRE stocks based on their intrinsic value.
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Fundamental Analysis
Balance Sheet Decomposition
Veris Residential Inc
Current Assets | 69.9m |
Cash & Short-Term Investments | 28m |
Receivables | 8.2m |
Other Current Assets | 33.7m |
Non-Current Assets | 3.2B |
Long-Term Investments | 118m |
PP&E | 3B |
Intangibles | 10m |
Other Non-Current Assets | 30.6m |
Current Liabilities | 67.6m |
Accounts Payable | 49.3m |
Accrued Liabilities | 12.8m |
Other Current Liabilities | 5.5m |
Non-Current Liabilities | 2B |
Long-Term Debt | 1.9B |
Other Non-Current Liabilities | 182.1m |
Earnings Waterfall
Veris Residential Inc
Revenue
|
279.9m
USD
|
Cost of Revenue
|
-122.8m
USD
|
Gross Profit
|
157m
USD
|
Operating Expenses
|
-138.1m
USD
|
Operating Income
|
19m
USD
|
Other Expenses
|
-130.7m
USD
|
Net Income
|
-111.8m
USD
|
Free Cash Flow Analysis
Veris Residential Inc
What is Free Cash Flow?
VRE Profitability Score
Profitability Due Diligence
Veris Residential Inc's profitability score is 35/100. The higher the profitability score, the more profitable the company is.
Score
Veris Residential Inc's profitability score is 35/100. The higher the profitability score, the more profitable the company is.
VRE Solvency Score
Solvency Due Diligence
Veris Residential Inc's solvency score is 21/100. The higher the solvency score, the more solvent the company is.
Score
Veris Residential Inc's solvency score is 21/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
VRE Price Targets Summary
Veris Residential Inc
According to Wall Street analysts, the average 1-year price target for VRE is 17.85 USD with a low forecast of 12.12 USD and a high forecast of 27.3 USD.
Ownership
VRE Insider Trading
Buy and sell transactions by insiders
Period | Sold | Bought | Net |
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3 Months |
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6 Months |
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9 Months |
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12 Months |
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Shareholder Return
VRE Price
Veris Residential Inc
Average Annual Return | -0.83% |
Standard Deviation of Annual Returns | 43.34% |
Max Drawdown | -58% |
Market Capitalization | 1.4B USD |
Shares Outstanding | 100 812 000 |
Percentage of Shares Shorted | 5.22% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Veris Residential, Inc. is a real estate investment trust, which owns and operates a real estate portfolio comprised predominantly of Class A office and flex properties located primarily in the Northeast. The company is headquartered in Jersey City, New Jersey and currently employs 234 full-time employees. The firm owns, operates, acquires, and develops holistically inspired, Class A multifamily properties. The firm owns four market-defining office assets on the Jersey City waterfront. The firm includes residential and commercial portfolio. The firm provides leasing, property management, acquisition, development, construction and tenant-related services for its commercial and other real estate and multi-family real estate portfolio. The firm's multi-family services business also provides similar services for third parties. The firm operates approximately 22 multi-family properties, four waterfront assets, one suburban asset landbank and two hotels.
Contact
IPO
Employees
Officers
The intrinsic value of one VRE stock under the Base Case scenario is 11.35 USD.
Compared to the current market price of 14.92 USD, Veris Residential Inc is Overvalued by 24%.