Veris Residential, Inc. is a forward-thinking real estate investment trust (REIT) that primarily owns, operates, acquires and develops premier Class A multifamily properties in the Northeast. Our technology-enabled, vertically integrated operating platform delivers a contemporary living experience aligned with residents' preferences while positively impacting the communities we serve. We are guided by an experienced management team and Board of Directors, underpinned by leading corporate governance principles; a best-in-class approach to operations; and an inclusive culture based on meritocratic empowerment.
Metrics to compare | VRE | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipVREPeersSector | |
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P/E Ratio | −57.8x | 27.0x | 8.9x | |
PEG Ratio | −0.93 | 0.41 | 0.01 | |
Price/Book | 1.3x | 1.4x | 0.9x | |
Price / LTM Sales | 5.1x | 6.5x | 3.9x | |
Upside (Analyst Target) | 22.7% | 19.3% | 12.3% | |
Fair Value Upside | Unlock | 1.8% | −0.2% | Unlock |