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After finishing at $15.47 in the prior trading day, Veris Residential Inc (NYSE: VRE) closed at $15.10, down -2.39%. In other words, the price has decreased by -$2.39 from its previous closing price. On the day, 0.53 million shares were traded. VRE stock price reached its highest trading level at $15.415 during the session, while it also had its lowest trading level at $14.725.
Ratios:
Our goal is to gain a better understanding of VRE by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 57.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.26. In the meantime, Its Debt-to-Equity ratio is 1.53 whereas as Long-Term Debt/Eq ratio is at 1.52.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 1665877376 and an Enterprise Value of 3280273664. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.18 while its Price-to-Book (P/B) ratio in mrq is 1.28. Its current Enterprise Value per Revenue stands at 11.901 whereas that against EBITDA is 26.143.
Stock Price History:
The Beta on a monthly basis for VRE is 1.24, which has changed by 0.050800323 over the last 52 weeks, in comparison to a change of 0.028231144 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 -6.78%, while the 200-Day Moving Average is calculated to be -9.08%.
Shares Statistics:
The stock has traded on average 465.10K shares per day over the past 3-months and 623210 shares per day over the last 10 days, according to various share statistics. A total of 92.91M shares are outstanding, with a floating share count of 90.64M. Insiders hold about 2.49% of the company’s shares, while institutions hold 97.48% stake in the company. Shares short for VRE as of 1741910400 were 2695955 with a Short Ratio of 4.48, compared to 1739491200 on 2301578. Therefore, it implies a Short% of Shares Outstanding of 2695955 and a Short% of Float of 5.1.
Dividends & Splits
In the trailing 12 months, VRE’s forward annual dividend rate was 0.263, compared to 0.29 this year. Against a Trailing Annual Dividend Yield of 0.017000647The stock’s 5-year Average Dividend Yield is 3.55.
