Veris Residential (NYSE:VRE – Get Free Report) is set to post its quarterly earnings results after the market closes on Wednesday, October 30th. Analysts expect Veris Residential to post earnings of $0.12 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.
Veris Residential Stock Performance
Shares of VRE opened at $16.91 on Monday. The firm has a market capitalization of $1.57 billion, a P/E ratio of -16.91, a PEG ratio of 5.26 and a beta of 1.25. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.84 and a quick ratio of 0.84. Veris Residential has a one year low of $13.06 and a one year high of $18.18. The business has a fifty day moving average of $17.40 and a 200 day moving average of $15.97.
Veris Residential Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, October 16th. Shareholders of record on Monday, September 30th were paid a dividend of $0.07 per share. This is an increase from Veris Residential’s previous quarterly dividend of $0.06. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date was Monday, September 30th. Veris Residential’s payout ratio is currently -28.00%.
Analyst Upgrades and Downgrades
Read Our Latest Research Report on Veris Residential
About Veris Residential
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.
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