Veris Residential Inc [VRE] stock is trading at $16.92, up 0.83%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The VRE shares have gain 1.68% over the last week, with a monthly amount drifted -0.06%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Veris Residential Inc [NYSE: VRE] stock has seen the most recent analyst activity on February 26, 2025, when Evercore ISI downgraded its rating to a In-line and also revised its price target to $18 from $20. Previously, JP Morgan upgraded its rating to Neutral on December 17, 2024, and elevated its price target to $17. On November 12, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $23 on the stock. Evercore ISI upgraded its rating to a Outperform and raised its price target to $19 on July 27, 2023. Deutsche Bank upgraded its rating to Buy for this stock on May 16, 2023, and upped its price target to $19. In a note dated November 14, 2022, BofA Securities upgraded an Neutral rating on this stock and boosted its target price from $16 to $18.
Veris Residential Inc [VRE] stock has fluctuated between $13.73 and $18.85 over the past year. Currently, Wall Street analysts expect the stock to reach $14 within the next 12 months. Veris Residential Inc [NYSE: VRE] shares were valued at $16.92 at the most recent close of the market. An investor can expect a potential drop of -17.26% based on the average VRE price forecast.
Analyzing the VRE fundamentals
Veris Residential Inc [NYSE:VRE] reported sales of 271.07M for the trailing twelve months, which represents a drop of -6.63%. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at -0.11%, and Net Profit Margin reading is -0.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is 0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.36.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 16.68 points at the first support level, and at 16.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.09, and for the 2nd resistance point, it is at 17.26.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 5.80, the price to book ratio is 1.43.
Transactions by insiders
Recent insider trading involved Nia Mahbod, CHIEF EXECUTIVE OFFICER, that happened on Jun 20 ’24 when 35000.0 shares were purchased. Director, Lietz Nori Gerardo completed a deal on Jun 20 ’24 to buy 10000.0 shares.
