For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The closing price of Veris Residential Inc (NYSE: VRE) was $14.99 for the day, up 0.74% from the previous closing price of $14.88. In other words, the price has increased by $0.74 from its previous closing price. On the day, 0.56 million shares were traded. VRE stock price reached its highest trading level at $15.07 during the session, while it also had its lowest trading level at $14.845.
Ratios:
Our analysis of VRE’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 63.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.71. For the most recent quarter (mrq), Quick Ratio is recorded 1.38 and its Current Ratio is at 1.38. In the meantime, Its Debt-to-Equity ratio is 1.55 whereas as Long-Term Debt/Eq ratio is at 1.54.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Evercore ISI on February 26, 2025, Downgraded its rating to In-line and sets its target price to $18 from $20 previously.
On December 17, 2024, JP Morgan Upgraded its rating to Neutral which previously was Underweight and also upped its target price recommendation from $14 to $17.
BofA Securities Upgraded its Neutral to Buy on November 12, 2024, whereas the target price for the stock was revised from $20 to $23.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 20 ’24 when Nia Mahbod bought 35,000 shares for $14.32 per share. The transaction valued at 501,347 led to the insider holds 380,869 shares of the business.
Lietz Nori Gerardo bought 10,000 shares of VRE for $143,100 on Jun 20 ’24. The Director now owns 39,687 shares after completing the transaction at $14.31 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VRE now has a Market Capitalization of 1657309312 and an Enterprise Value of 3201747200. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.15 while its Price-to-Book (P/B) ratio in mrq is 1.29. Its current Enterprise Value per Revenue stands at 11.45 whereas that against EBITDA is 24.188.
Stock Price History:
The Beta on a monthly basis for VRE is 1.24, which has changed by 0.05045545 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, VRE has reached a high of $18.85, while it has fallen to a 52-week low of $13.73. The 50-Day Moving Average of the stock is -2.31%, while the 200-Day Moving Average is calculated to be -9.25%.
Shares Statistics:
VRE traded an average of 528.62K shares per day over the past three months and 425330 shares per day over the past ten days. A total of 93.31M shares are outstanding, with a floating share count of 90.65M. Insiders hold about 2.86% of the company’s shares, while institutions hold 96.74% stake in the company. Shares short for VRE as of 1748563200 were 2503410 with a Short Ratio of 4.74, compared to 1745971200 on 3113584. Therefore, it implies a Short% of Shares Outstanding of 2503410 and a Short% of Float of 4.8800003.
Dividends & Splits
With its trailing 12-month dividend rate of 0.29, VRE has a forward annual dividend rate of 0.16. Against a Trailing Annual Dividend Yield of 0.019489247The stock’s 5-year Average Dividend Yield is 3.55.
