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Veris Residential Inc   (NYSE: VRE)
 
Price: $18.9900 $18.99 %
Day's High: $19 Week Perf: 0.05 %
Day's Low: $ 18.99 30 Day Perf: 0.32 %
Volume (M): 1,037,302 52 Wk High: $ 19.03
Volume (M$): $ 0 52 Wk Avg: $16.47
Open: $18.99 52 Wk Low: $14.07



 Market Capitalization (Millions $) 1,940
 Shares Outstanding (Millions) 102
 Employees 181
 Revenues (TTM) (Millions $) 291
 Net Income (TTM) (Millions $) 77
 Cash Flow (TTM) (Millions $) 1
 Capital Exp. (TTM) (Millions $) 30

Business Description


Veris Residential Inc. is a leading residential property management company based in Seattle, Washington. Since its inception in 2012, the company has been providing exceptional property management services to homeowners and property investors across the state. The company is known for its commitment to excellent customer service, quality asset management, and maximizing returns for its clients' properties.

Veris Residential has a team of highly experienced and competent property managers who are dedicated to finding the best solutions for property owners. These professionals have extensive knowledge of the real estate market and are passionate about their work. They handle all aspects of property management, including rent collection, tenant screening, marketing and advertising, maintenance, and repairs, lease agreements, and other administrative tasks.

The company's property management services are tailored to meet the unique needs of each client. Veris Residential's comprehensive approach ensures that property owners enjoy seamless management of their properties, thereby guaranteeing maximum returns on their investments. The firm uses the latest technologies and systems to enhance its service delivery and ensure that all aspects of property management are conducted efficiently.

Veris Residential's portfolio includes single-family homes, condos, townhomes, and multi-unit properties. The firm's management services are designed to suit the needs of both property investors and individual homeowners. The company's client base includes both local and international property owners who have invested in Seattle's real estate market.

In addition to property management, Veris Residential offers real estate brokerage services, investment consulting, and property valuation. The firm has an unmatched understanding of the Seattle real estate market, allowing it to provide clients with accurate market insights, trends, and projections. This enables clients to make informed decisions on property investment, thus maximizing their returns.

Veris Residential is also committed to building sustainable communities. The firm partners with local charities and organizations to help address some of the social issues affecting Seattle's neighborhoods. This approach has enabled Veris Residential to gain a reputation as a socially responsible property management firm that is dedicated to improving the quality of life for its clients and the local community.

In conclusion, Veris Residential Inc. is a highly reputable and reliable property management firm that has built an outstanding reputation for its quality services. Its highly skilled professionals, dedication to outstanding customer service, and commitment to sustainable community development make it a preferred choice for property investors and homeowners in Seattle.


   Company Address: Harborside 3, 210 Hudson St. Jersey City 7311 NJ
   Company Phone Number: 590-1010   Stock Exchange / Ticker: NYSE VRE


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
AVB   -62.98%    
EQR   -2.2%    
ESS   -1.91%    
MAA   -1%    
PLD   -2.39%    
WELL   -0.8%    
• View Complete Report
   





Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) 24.73
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 6.67
Price to Sales (Expected) -
Price to Book 1.56
PEG (TTM) -

Financial Strength Current
Quick Ratio 0.21
Working Capital Ratio 0.24
Leverage Ratio (MRQ) 1.16
Total Debt to Equity 1
Interest Coverage (TTM) 3.01
Debt Coverage (TTM) 0.19

Per Share Current
Earnings (TTM) 0.77 $
Revenues (TTM) 2.85 $
Cash Flow (TTM) 0.01 $
Cash 0.09 $
Book Value 12.14 $
Dividend (TTM) 0.33 $

Efficiency Current
Revenue per Employee (TTM) 1,606,519
Net Income per Employee (TTM) 425,807
Receivable Turnover Ratio (TTM) 273.61
Inventory Turnover Ratio (TTM) -
Asset Turnover Ratio (TTM) 0.1

Profitability Ratios Current
Gross Margin (MRQ) 95.89 %
Operating Margin (MRQ) 33.2 %
Net Margin (MRQ) -22.25 %
Net Cash Flow Margin (MRQ) -8.93 %
Effective Tax Rate (TTM) 0.35 %

Management Effectiveness Current
Return On Assets (TTM) 2.72 %
Return On Investment (TTM) 2.76 %
Return On Equity (TTM) 6.18 %
Dividend Yield 1.77 %
Pay out Ratio (TTM) 42.97 %



Veris Residential Inc's Segments





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