Veris Residential, Inc. (VRE)
Veris Residential, Inc. operates in the REIT - Residential industry of the Real Estate sector, headquartered in Jersey City, NJ, US. The stock last traded at $18.99, down 0.05% on the session, giving a market capitalisation of $1.78B. On trailing twelve-month figures it carries a trailing P/E of 24.73, a net margin of 24.7%. Its beta of 1.20 implies it has historically moved more than the broad market.
Veris Residential, Inc. is a real estate investment trust, which owns and operates a real estate portfolio comprised predominantly of Class A office and flex properties located primarily in the Northeast. It operates through the following segments: Commercial and Other Real Estate, and Multi-Family Real Estate and Services. The Commercial and Other Real Estate and Multi-Family Real Estate Portfolio segments provides leasing, property management, acquisition, development, construction, and tenant-related services. The company was founded on May 24, 1994 and is headquartered in Jersey City, NJ.
Veris Residential, Inc. is most often compared with the following Real Estate names: