Veris Residential Statistics

Share Statistics

Veris Residential has 93.42M shares outstanding. The number of shares has increased by 0.46% in one year.

Shares Outstanding	93.42M
Shares Change (YoY)	0.46%
Shares Change (QoQ)	0.39%
Owned by Institutions (%)	91.56%
Shares Floating	90.74M
Failed to Deliver (FTD) Shares	1,456
FTD / Avg. Volume	0.29%

Short Selling Information

The latest short interest is 3.3M, so 3.53% of the outstanding shares have been sold short.

Short Interest	3.3M
Short % of Shares Out	3.53%
Short % of Float	6.41%
Short Ratio (days to cover)	7.61

Valuation Ratios

The PE ratio is -66.67 and the forward PE ratio is -107. Veris Residential's PEG ratio is 0.84.

PE Ratio	-66.67
Forward PE	-107
PS Ratio	5.69
Forward PS	4.3
PB Ratio	1.4
P/FCF Ratio	29.46
PEG Ratio	0.84

Financial Ratio History

Enterprise Valuation

Currently the Enterprise Value (EV) is not available for Veris Residential.

EV / Sales	n/a
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 0.15, with a Debt / Equity ratio of 1.52.

Current Ratio	0.15
Quick Ratio	0.15
Debt / Equity	1.52
Debt / EBITDA	11.94
Debt / FCF	31.96
Interest Coverage	0.43

Financial Efficiency

Return on Equity is n/a and Return on Invested Capital is n/a.

Return on Equity	n/a
Return on Assets	n/a
Return on Invested Capital	n/a
Revenue Per Employee	$1.44M
Profits Per Employee	$-122.98K
Employee Count	188
Asset Turnover	0.09
Inventory Turnover	n/a

Taxes

Income Tax	276K
Effective Tax Rate	-0.9%

Stock Price Statistics

The stock price has increased by -13.58% in the last 52 weeks. The beta is 1.25, so Veris Residential's price volatility has been higher than the market average.

Beta	1.25
52-Week Price Change	-13.58%
50-Day Moving Average	14.71
200-Day Moving Average	16
Relative Strength Index (RSI)	39.41
Average Volume (20 Days)	497,177

Income Statement

In the last 12 months, Veris Residential had revenue of 271.07M and earned -23.12M in profits. Earnings per share was -0.25.

Revenue	271.07M
Gross Profit	160.01M
Operating Income	38.18M
Net Income	-23.12M
EBITDA	140.05M
EBIT	57.28M
Earnings Per Share (EPS)	-0.25

Full Income Statement

Balance Sheet

The company has 7.25M in cash and 1.67B in debt, giving a net cash position of -1.67B.

Cash & Cash Equivalents	7.25M
Total Debt	1.67B
Net Cash	-1.67B
Retained Earnings	n/a
Total Assets	3.13B
Working Capital	-120.19M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 52.33M and capital expenditures 0, giving a free cash flow of 52.33M.

Operating Cash Flow	52.33M
Capital Expenditures	n/a
Free Cash Flow	52.33M
FCF Per Share	0.56

Full Cash Flow Statement

Margins

Gross margin is 59.03%, with operating and profit margins of 14.08% and -8.53%.

Gross Margin	59.03%
Operating Margin	14.08%
Pretax Margin	-11.32%
Profit Margin	-8.53%
EBITDA Margin	51.67%
EBIT Margin	14.08%
FCF Margin	19.3%

Dividends & Yields

VRE pays an annual dividend of $0.37, which amounts to a dividend yield of 2.08%.

Dividend Per Share	$0.37
Dividend Yield	2.08%
Dividend Growth (YoY)	52.38%
Payout Ratio	-148%
Earnings Yield	n/a
FCF Yield	n/a

Dividend Details

Analyst Forecast

The average price target for VRE is $18, which is 30.9% higher than the current price. The consensus rating is "Hold".

Price Target	$18
Price Target Difference	30.9%
Analyst Consensus	Hold
Analyst Count	5

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

Scores

Altman Z-Score	-0.19
Piotroski F-Score	3

Veris Residential Inc. (VRE)