Veris Residential, Inc.

Veris Residential, Inc.verified

VRE

Price:

$18.43

Market Cap:

$1.71B

Veris Residential, Inc. is a forward-thinking, environmentally- and socially-conscious real estate investment trust (REIT) that primarily owns, operates, acquires, and develops holistically-inspired, Class A multifamily properties that meet the sustainability-conscious lifestyle needs of today's residents while seeking to positively impact the communities it serves and the planet at large. The company is guided by an experienced management team and Board of Directors and is underpinned by leading corporate governance principles, a best-in-class and sustainable approach to operations, and an inclusive culture based on equality and meritocratic empowerment. For additional information on Veris ...[Read more]

Industry

REIT - Residential

IPO Date

1994-08-25

Stock Exchange

NYSE

Ticker

VRE

The Enterprise Value as of November 2024 (TTM) for Veris Residential, Inc. (VRE) is 3.38B

According to Veris Residential, Inc.’s latest financial reports and current stock price. The company's current Enterprise Value is 3.38B. This represents a change of 6.14% compared to the average of 3.18B of the last 4 quarters.

Veris Residential, Inc. (VRE) Historical Enterprise Value (quarterly & annually)

How has VRE Enterprise Value performed in the past?

The mean historical Enterprise Value of Veris Residential, Inc. over the last ten years is 4.17B. The current 3.38B Enterprise Value has changed 8.00% with respect to the historical average. Over the past ten years (40 quarters), VRE's Enterprise Value was at its highest in in the June 2017 quarter at 5.37B. The Enterprise Value was at its lowest in in the June 2023 quarter at 2.90B.

Quarterly (TTM)
Annual

Average

4.17B

Median

4.11B

Minimum

3.27B

Maximum

4.91B

Veris Residential, Inc. (VRE) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Veris Residential, Inc. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 16.89%

Maximum Annual Enterprise Value = 4.91B

Minimum Annual Increase = -20.18%

Minimum Annual Enterprise Value = 3.27B

Quarterly (TTM)
Annual
YearEnterprise ValueChange
20233.27B-1.69%
20223.33B-17.37%
20214.03B3.44%
20203.89B-20.18%
20194.88B2.98%
20184.74B0.30%
20174.72B-3.89%
20164.91B16.89%
20154.20B12.07%
20143.75B-6.85%

Veris Residential, Inc. (VRE) Average Enterprise Value

How has VRE Enterprise Value performed in the past?

The current Enterprise Value of Veris Residential, Inc. (VRE) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.54B

5-year avg

3.88B

10-year avg

4.17B

Veris Residential, Inc. (VRE) Enterprise Value vs. Peers

How is VRE’s Enterprise Value compared to its peers?

Veris Residential, Inc.’s Enterprise Value is less than Urban Edge Properties (4.37B), less than Apartment Income REIT Corp. (8.90B), greater than SITE Centers Corp. (81.88M), less than JBG SMITH Properties (3.94B), greater than NexPoint Residential Trust, Inc. (2.62B),

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Frequently asked questions❓

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