Veris Residential (NYSE:VRE – Get Free Report) is scheduled to announce its earnings results after the market closes on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.12 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.
Veris Residential Price Performance
VRE opened at $16.91 on Monday. The firm has a market cap of $1.57 billion, a PE ratio of -16.91, a P/E/G ratio of 5.26 and a beta of 1.25. The stock has a 50-day moving average price of $17.40 and a 200-day moving average price of $15.97. Veris Residential has a 1 year low of $13.06 and a 1 year high of $18.18. 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 Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, October 16th. Shareholders of record on Monday, September 30th were issued a $0.07 dividend. The ex-dividend date of this dividend was Monday, September 30th. This is a boost from Veris Residential’s previous quarterly dividend of $0.06. This represents a $0.28 annualized dividend and a yield of 1.66%. Veris Residential’s payout ratio is -28.00%.
Analyst Ratings Changes
Read Our Latest Stock Report on VRE
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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