VRE

Veris Residential, Inc. (VRE) is a real estate investment trust (REIT) that operates within the residential sector and industry, with a market capitalization of $1.61 billion. The company has approximately 188 employees and generated revenue of $291.35 million in its most recent trailing twelve months (TTM). Its valuation metrics include a price-to-earnings ratio (P/E) of 23.50 and a forward P/E of -52.04, which is not indicative of future earnings. The company's financial health appears to be stable, with gross margins of 60.5%, operating margins of 19.9%, and profit margins of 21.6% in its most recent TTM. Returns on equity (ROE) and return on assets (ROA) were 4.8% and 1.1%, respectively. The company's balance sheet shows a debt-to-equity ratio of 112.36, indicating high levels of indebtedness, but also $8.78 million in cash. The valuation context for Veris Residential, Inc. is characterized by a price-to-earnings ratio (P/E) of 23.50 and a forward P/E of -52.04. Revenue growth has been 8.5% year-over-year, but earnings growth is not available. The company offers a dividend yield of 216.0%, with a payout ratio of 50.8%.