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Veris Residential Inc (NYSE: VRE) closed the day trading at $14.77 down -1.53% from the previous closing price of $15.00. In other words, the price has decreased by -$1.53 from its previous closing price. On the day, 0.53 million shares were traded.
Ratios:
For a better understanding of VRE, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 62.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.23. 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:
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 5.08 while its Price-to-Book (P/B) ratio in mrq is 1.28.
Stock Price History:
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 -11.23%.
Shares Statistics:
A total of 93.31M shares are outstanding, with a floating share count of 90.72M. Insiders hold about 2.79% of the company’s shares, while institutions hold 96.79% stake in the company.
