Veris Residential share price today

(VRE)

Veris Residential share price is $16.41 & ₹1,394.46 as on 21 Dec 2024, 2.30 'hrs' IST

$16.41

▲

0.03

(0.18%)

Market is closed - opens 8 PM, 23 Dec 2024

View live Veris Residential share price in Dollar and Rupees. Guide to invest in Veris Residential from India. Also see the sentimental analysis on Indian investors investing in Veris Residential. Get details on the Indian mutual funds that are investing in Veris Residential. Get Analyst recommendations and forecasts along with all the Veris Residential's financials.

Veris Residential share price movements

Today's Low: $16.28
Today's High: $16.84
$16.41
0.79%
Downside
Day's Volatility :3.33%
Upside
2.55%
52 Weeks Low: $13.84
52 Weeks High: $18.85
$16.41
15.66%
Downside
52 Weeks Volatility :26.58%
Upside
12.94%

Veris Residential Returns

Period	Veris Residential Inc	Sector (Real Estate)	Index (Russel 2000)
3 Months	-8.22%	-8.7%	0.0%
6 Months	12.78%	6.0%	0.0%
1 Year	3.14%	3.1%	0.0%
3 Years	-11.2%	-17.7%	-19.7%

Veris Residential Key Statistics

in dollars & INR

Previous Close	$16.38
Open	$16.28
Today's High	$16.84
Today's Low	$16.28
Market Capitalization	$1.8B
Today's Volume	$1.4M
52 Week High	$18.85
52 Week Low	$13.84
Revenue TTM	$293.4M
EBITDA	$127.4M
Earnings Per Share (EPS)	$-0.67
Dividend Yield	1.95%
Profit Margin	-5.36%
Quarterly Earnings Growth YOY	0.0%
Return On Equity TTM	-5.27%

How to invest in Veris Residential from India?

It is very easy for Indian residents to invest directly in Veris Residential from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Veris Residential stock in both Indian Rupees (INR) and US Dollars (USD). Search for Veris Residential or VRE on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Veris Residential or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Veris Residential shares which would translate to 0.052 fractional shares of Veris Residential as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India , including recognised companies like Veris Residential, in just a few clicks!

Returns in Veris Residential for Indian investors in Rupees

Investment Value

₹1,00,000

Veris Residential investment value today

Current value as on today

₹1,05,339

Returns

₹5,339

(+5.34%)

Returns from Veris Residential Stock

₹3,143 (+3.14%)

Dollar Returns

₹2,196 (+2.2%)

Indian investors sentiment towards Veris Residential

Period: Sep 22, 2024 to Dec 21, 2024. Change in 30 Days versus previous period

Search volume for Veris Residential on INDmoney from India has grown in the last 30 days as on Dec 22, 2024. 0% more investors are searching Veris Residential in the last 30 days versus the previous period.

Global Institutional Holdings in Veris Residential

BlackRock Inc
15.71%
Vanguard Group Inc
13.31%
Prudential Financial Inc
6.65%
Madison International Realty Holdings, LLC
6.57%
State Street Corp
4.92%
H/2 Credit Manager LP
4.63%

Analyst Recommendation on Veris Residential

Buy

50%Buy

40%Hold

10%Sell

Based on 10 Wall street analysts offering stock ratings for Veris Residential(by analysts ranked 0 to 5 stars)

Based on 10 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Veris Residential

What analysts predicted

Upside of 21.62%

Current:

$16.41

Target:

$19.96

Insights on Veris Residential

Price Movement
In the last 7 days, VRE stock has moved down by -6.2%
Increasing Revenue
Revenue is up for the last 3 quarters, 67.34M → 68.17M (in $), with an average increase of 0.6% per quarter
Decreasing Net Profit
Netprofit is down for the last 2 quarters, 2.92M → -9.75M (in $), with an average decrease of 433.9% per quarter
VRE vs AVB (1 yr)
In the last 1 year, Avalonbay Communities Inc. has given 19.0% return, outperforming this stock by 15.1%
VRE vs AVB (3 yr)
In the last 3 years, Veris Residential Inc has experienced a drawdown of -12.3%, however Avalonbay Communities Inc. resisted the overall trend and outperformed by 2.9%
Price to Sales
ForVRE every $1 of sales, investors are willing to pay $5.2, whereas for Avalonbay Communities Inc., the investors are paying $10.8 for every $1 of sales.

Veris Residential Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$530.6M	↓ 13.89%
Net Income	$84.1M	↑ 262.78%
Net Profit Margin	15.85%	↑ 12.09%

	FY19	Y/Y Change
Revenue	$350.9M	↓ 33.86%
Net Income	$8.8M	↓ 89.51%
Net Profit Margin	2.51%	↓ 13.34%

	FY20	Y/Y Change
Revenue	$313.6M	↓ 10.65%
Net Income	$-132.2M	↓ 1599.1%
Net Profit Margin	-42.17%	↓ 44.68%

	FY21	Y/Y Change
Revenue	$329.3M	↑ 5.02%
Net Income	$-195.5M	↑ 47.81%
Net Profit Margin	-59.35%	↓ 17.18%

	FY22	Y/Y Change
Revenue	$355.0M	↑ 7.8%
Net Income	$-112.2M	↓ 42.61%
Net Profit Margin	-31.6%	↑ 27.75%

	FY23	Y/Y Change
Revenue	$279.9M	↓ 21.17%
Net Income	$-107.3M	↓ 4.38%
Net Profit Margin	-38.33%	↓ 6.73%

	Q2 FY23	Q/Q Change
Revenue	$68.7M	↑ 2.7%
Net Income	$-27.4M	↑ 12.35%
Net Profit Margin	-39.92%	↓ 3.43%

	Q3 FY23	Q/Q Change
Revenue	$71.5M	↑ 4.01%
Net Income	$-54.8M	↑ 99.78%
Net Profit Margin	-76.67%	↓ 36.75%

	Q4 FY23	Q/Q Change
Revenue	$72.9M	↑ 2.01%
Net Income	$-5.1M	↓ 90.78%
Net Profit Margin	-6.93%	↑ 69.74%

	Q1 FY24	Q/Q Change
Revenue	$67.3M	↓ 7.65%
Net Income	$-3.9M	↓ 22.73%
Net Profit Margin	-5.8%	↑ 1.13%

	Q2 FY24	Q/Q Change
Revenue	$67.5M	↑ 0.2%
Net Income	$2.9M	↓ 174.87%
Net Profit Margin	4.33%	↑ 10.13%

	Q3 FY24	Q/Q Change
Revenue	$68.2M	↑ 1.04%
Net Income	$-9.8M	↓ 433.85%
Net Profit Margin	-14.31%	↓ 18.64%

	FY18	Y/Y Change
Profit	$306.5M	↓ 15.22%

	FY19	Y/Y Change
Profit	$203.5M	↓ 33.6%

	FY20	Y/Y Change
Profit	$172.2M	↓ 15.4%

	FY21	Y/Y Change
Profit	$181.9M	↑ 5.69%

	FY22	Y/Y Change
Profit	$193.7M	↑ 6.45%

	FY23	Y/Y Change
Profit	$157.0M	↓ 18.93%

	Q2 FY23	Q/Q Change
Profit	$40.1M	↑ 2.24%

	Q3 FY23	Q/Q Change
Profit	$38.9M	↓ 2.78%

	Q4 FY23	Q/Q Change
Profit	$38.9M	↓ 0.23%

	Q1 FY24	Q/Q Change
Profit	$18.0M	↓ 53.77%

	Q2 FY24	Q/Q Change
Profit	$18.9M	↑ 5.04%

	Q3 FY24	Q/Q Change
Profit	$22.4M	↑ 18.7%

	FY18	Y/Y Change
Operating Cash Flow	$167.1M	↓ 14.82%
Investing Cash Flow	$-168.2M	↓ 70.22%
Financing Cash Flow	$-17.3M	↓ 105.01%

	FY19	Y/Y Change
Operating Cash Flow	$131.8M	↓ 21.09%
Investing Cash Flow	$-416.1M	↑ 147.44%
Financing Cash Flow	$275.8M	↓ 1691.08%

	FY20	Y/Y Change
Operating Cash Flow	$85.4M	↓ 35.21%
Investing Cash Flow	$28.5M	↓ 106.84%
Financing Cash Flow	$-102.8M	↓ 137.25%

	FY21	Y/Y Change
Operating Cash Flow	$56.1M	↓ 34.31%
Investing Cash Flow	$446.2M	↑ 1467.64%
Financing Cash Flow	$-503.2M	↑ 389.72%

	FY22	Y/Y Change
Operating Cash Flow	$66.5M	↑ 18.42%
Investing Cash Flow	$220.1M	↓ 50.68%
Financing Cash Flow	$-290.3M	↓ 42.3%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$12.3M	↑ 1.41%
Investing Cash Flow	$362.4M	↑ 306.11%
Financing Cash Flow	$-7.2M	↓ 92.12%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$8.9M	↓ 27.38%
Investing Cash Flow	$494.6M	↑ 36.47%
Financing Cash Flow	$-435.5M	↑ 5915.5%

Veris Residential Technicals Summary

Sell

Neutral

Buy

Veris Residential is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

Veris Residential Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Veris Residential Inc	-10.77%	12.78%	3.14%	-11.2%	-28.37%
Equity Residential	-5.86%	3.12%	16.19%	-19.09%	-11.23%
Essex Property Trust Inc.	-7.13%	1.64%	14.83%	-17.19%	-4.92%
Invitation Homes Inc.	-5.14%	-10.35%	-6.27%	-26.87%	10.07%
Avalonbay Communities Inc.	-4.21%	7.64%	18.03%	-9.6%	6.84%
Mid-america Apartment Communities Inc.	-4.68%	7.03%	14.43%	-30.62%	18.58%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Veris Residential Inc	177.61	NA	NA	0.0	-0.05	0.01	0.02	12.0
Equity Residential	29.36	29.36	7.3	1.39	0.08	0.03	0.04	28.57
Essex Property Trust Inc.	32.58	32.58	6.67	8.95	0.1	0.03	0.04	84.55
Invitation Homes Inc.	44.06	44.06	14.69	0.49	0.04	0.02	0.04	16.19
Avalonbay Communities Inc.	29.67	29.67	6.26	5.19	0.09	0.03	0.03	83.67
Mid-america Apartment Communities Inc.	33.66	33.66	10.19	6.42	0.09	0.04	0.04	50.9

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Veris Residential Inc	Buy	$1.8B	-28.37%	177.61	-5.36%
Equity Residential	Hold	$27.2B	-11.23%	29.36	31.57%
Essex Property Trust Inc.	Hold	$18.6B	-4.92%	32.58	31.35%
Invitation Homes Inc.	Buy	$19.4B	10.07%	44.06	17.24%
Avalonbay Communities Inc.	Hold	$30.9B	6.84%	29.67	35.61%
Mid-america Apartment Communities Inc.	Hold	$17.9B	18.58%	33.66	23.88%

About Veris Residential

veris residential develops, owns, and manages premier multifamily communities. beneath that simple statement of fact lies the founding principle of all we do: caring for properties, people, and the planet. underpinned by high-quality assets and best-in-class technology, we curate holistic places and living experiences that meet the sustainability-conscious lifestyle needs of today’s residents, while empowering our team members, rewarding our partners and investors, and helping to sustain the planet we all share. veris residential unifies the vision and expertise of one of the country’s leading real estate investment trusts, mack-cali realty corporation, and its wholly owned subsidiary, roseland residential. with a new name and a new focus, we are creating new possibilities. actively envisioning a better tomorrow, and doing the work necessary today to go forward together. diversifying our workforces. enhancing our communities. reducing our environmental impact. increasing our transpar

Organization	Veris Residential
Employees	197
CEO	Mr. Mahbod Nia A.C.A.
Industry	Services

Management People of Veris Residential

Name	Title
Mr. Mahbod Nia A.C.A.	CEO & Director
Ms. Amanda E. Lombard CPA	Chief Financial Officer
Ms. Anna Malhari	Executive VP & COO
Mr. Jeffrey S. Turkanis	Executive VP & Chief Investment Officer
Ms. Taryn D. Fielder	General Counsel & Secretary
Ms. Nicole Jones	Senior Vice President of Marketing & Communications
Ms. Lori Jean Milo	Senior Vice President of Human Resources
Ms. Susan Epstein	Senior Vice President of Legal
Ms. Karen Cusmano	Senior VP and Head of Sustainability & ESG
Mr. Jay V. Minchilli	Senior Vice President of Operations & Asset Management

Important FAQs about investing in Veris Residential from India :

What is Veris Residential share price today?

Veris Residential share price today stands at $16.41, Open: $16.28 ; Previous Close: $16.38 ; High: $16.84 ; Low: $16.28 ; 52 Week High: $18.85 ; 52 Week Low: $13.84. The stock opens at $16.28, after a previous close of $16.38. The stock reached a daily high of $16.84 and a low of $16.28, with a 52-week high of $18.85 and a 52-week low of $13.84.

Can Indians buy Veris Residential shares?

Yes, Indians can invest in the Veris Residential (VRE) from India.

With INDmoney, you can buy Veris Residential at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Veris Residential at zero transaction cost.

How can I buy Veris Residential shares from India?

It is very easy to buy Veris Residential from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Veris Residential be purchased?

Yes, you can buy fractional shares of Veris Residential with INDmoney app.

What are the documents required to start investing in Veris Residential stocks?

To start investing in Veris Residential, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.