- Investing.com
Veris Residential, Inc. is a forward-thinking, environmentally and socially conscious real estate investment trust (REIT) that primarily owns, operates, acquires and develops holistically-inspired, Class A multifamily properties that meet the sustainability-conscious lifestyle needs of today's residents while seeking to positively impact the communities it serves and the planet at large. The company is guided by an experienced management team and Board of Directors and is underpinned by leading corporate governance principle; a best-in-class and sustainable approach to operations; and an inclusive culture based on equality and 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 | −15.1x | −46.9x | 7.7x | |
PEG Ratio | −0.32 | 2.59 | 0.01 | |
Price/Book | 1.6x | 1.6x | 0.9x | |
Price / LTM Sales | 6.0x | 5.9x | 3.8x | |
Upside (Analyst Target) | −6.4% | 3.4% | 12.9% | |
Fair Value Upside | Unlock | −4.2% | 2.2% | Unlock |