Veris Residential Overview
- Founded
-
1994
- Status
-
Public
- Employees
-
215
- Stock Symbol
-
VRE
- Investments
-
5
- Share Price
-
$16.79
- (As of Friday Closing)
Veris Residential General Information
Description
Veris Residential Inc is a fully-integrated, self-administered and self-managed real estate investment trust (REIT). The company owns and operates a real estate portfolio comprised predominantly of multifamily rental properties located mainly in the Northeast and Class A office properties. The company performs substantially all real estate management, leasing, acquisition and development on an in-house basis. The properties are in three states in the Northeast, plus the District of Columbia. The company operates in two industry segments multifamily real estate & services and commercial & other real estate. The majority of revenue is from Multifamily real estate services.
Contact Information
- 210 Hudson Street
- Suite 400
- Jersey City, NJ 07311
- United States
Veris Residential Stock Performance
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $16.79 | $16.14 | $10.21 - $17.69 | $1.48B | 91.7M | 555K | -$0.77 |
Veris Residential Financials Summary
|
In Thousands, USD |
TTM 31-Mar-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 | FY 2020 31-Dec-2020 |
|---|---|---|---|---|
| EV | 3,890,729 | 4,354,707 | 4,712,967 | 4,702,636 |
| Revenue | 324,310 | 355,018 | 323,390 | 313,562 |
| EBITDA | 152,479 | 154,692 | 22,704 | 87,484 |
| Net Income | (62,947) | (52,066) | (119,042) | (51,387) |
| Total Assets | 3,800,656 | 3,920,768 | 4,527,318 | 5,147,786 |
| Total Debt | 1,820,498 | 1,903,977 | 2,389,070 | 2,801,797 |
Veris Residential Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Veris Residential Comparisons
Industry
Financing
Details
000000
000000
Veris Residential Competitors (29)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Paramount Group | Corporation | New York, NY | 000 | 00.000 | 000000000000 | |
| 0000000 000000 000 | Corporation | New York, NY | 0000 | 00000000 | ||
| 000000 0000000 000 | Corporation | Virginia Beach, VA | 000 | 00000 | 00000000 | 00000 |
| 0000000 | Corporate Backed or Acquired | Houston, TX | 000 | 000000&0 | ||
| 000000000 00000000 | Corporation | Raleigh, NC | 000 | 00000000 |
Veris Residential Executive Team (19)
Veris Residential Board Members (19)
| Name | Representing | Role | Since |
|---|---|---|---|
| 0. 0000 | Self | Board Member | 000 0000 |
| 0000 000000 | Veris Residential | Board Member | 000 0000 |
| 0000 00000000 | Self | lead independent director | 000 0000 |
| 00000000 0000000 | Self | Board Member | 000 0000 |
| 000000 00000 | Self | Independent Board of Director | 000 0000 |
Veris Residential Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Veris Residential Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Veris Residential Investments & Acquisitions (5)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 000 000000 00 | 09-Jun-2014 | 0000000000 | 00000 | Buildings and Property | 00000000 |
| 0000000 00000 | 14-Apr-2014 | 000000000 | 000.00 | Buildings and Property | 00000000 |
| 00000000 0000 | 24-Oct-2012 | 0000000000 | 00000 | Real Estate Services (B2C) | 00000000 |
| 00 00000 0000 | 29-Apr-2009 | 000000000 | 000 | Buildings and Property | |
| SL Green Realty (Nonresidential Building Operations) | 01-May-2006 | Merger/Acquisition | Buildings and Property |
Veris Residential ESG
Risk Overview
Risk Rating
Updated April, 01, 2022
18.38 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
00.0
Management
Management is related to actions taken to manage ESG issues
00.00
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
00 of 15,233
Rank
Percentile
Real Estate
Industry
00 of 1,049
Rank
Percentile
REITs
Subindustry
00 of 450
Rank
Percentile
