A share price of Veris Residential Inc [VRE] is currently trading at $15.24, up 5.69%. An important factor to consider is whether the stock is rising or falling in short-term value. The VRE shares have gain 7.10% over the last week, with a monthly amount glided 4.53%, and 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 a Neutral rating on this stock and boosted its target price from $16 to $18.
Veris Residential Inc experienced fluctuations in its stock price throughout the past year between $13.69 and $18.85. Currently, Wall Street analysts expect the stock to reach $14 within the next 12 months. Veris Residential Inc [NYSE: VRE] shares were valued at $15.24 at the most recent close of the market. An investor can expect a potential drop of -8.14% based on the average VRE price forecast.
Analyzing the VRE fundamentals
Trailing Twelve Months sales for Veris Residential Inc [NYSE:VRE] were 279.94M which represents 12.53% growth. Gross Profit Margin for this corporation currently stands at 0.67% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.64.
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 14.71 points at the first support level, and at 14.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.59, and for the 2nd resistance point, it is at 15.93.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Veris Residential Inc [NYSE:VRE] is 4.41. On the other hand, the Quick Ratio is 4.41, and the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 5.09, the price to book ratio is 1.31.
