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Veris Residential Inc
Previous close
$14.08
Day range
$14.04 - $14.26
Year range
$13.69 - $18.85
Market cap
1.32B USD
Avg Volume
533.71K
Primary exchange
NYSE
Financials
Income Statement
Revenue
Net income
| (USD) | Jun 2025info | Y/Y change |
|---|---|---|
Revenue | 76.35M | 8.75% |
Operating expense | 32.08M | 9.51% |
Net income | 10.90M | 273.17% |
Net profit margin | 14.28 | 243.27% |
Earnings per share | — | — |
EBITDA | 37.56M | 14.06% |
Effective tax rate | 0.78% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Jun 2025info | Y/Y change |
|---|---|---|
Cash and short-term investments | 11.44M | -37.83% |
Total assets | 3.13B | 2.93% |
Total liabilities | 1.90B | 8.28% |
Total equity | 1.22B | — |
Shares outstanding | 93.35M | — |
Price to book | 1.21 | — |
Return on assets | 1.24% | — |
Return on capital | 1.28% | — |
Cash Flow
Net change in cash
| (USD) | Jun 2025info | Y/Y change |
|---|---|---|
Net income | 10.90M | 273.17% |
Cash from operations | 23.79M | 119.61% |
Cash from investing | 17.38M | -75.92% |
Cash from financing | -33.26M | 81.57% |
Net change in cash | 7.91M | 108.12% |
Free cash flow | -210.44M | -347.75% |
About
Veris Residential, Inc. is a real estate investment trust headquartered in Jersey City, New Jersey, investing primarily in apartments in New Jersey and Boston.
As of February 2025, it owned or had interests in 22 apartment complexes, three parking/retail properties and land held for development, containing 7,681 apartment units and approximately 56,000 square feet of retail. The company's properties are in New Jersey, New York, Massachusetts, and Washington, D.C. Notable properties owned by the company include The BLVD Collection, Sable, and Haus25.
The company was formerly known as Mack-Cali Realty Corporation. Wikipedia
CEO
Founded
May 24, 1994
Headquarters
Website
Employees
188
