Are Things Looking Up For Veris Residential Inc (NYSE: VRE)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

The company is listed on the NYSE and operates within the REIT – Residential industry segment. At the end of the last regular session, the stock closed at $16.01 and fluctuated between $16.10 as its day high and $15.88 as its day low. The current market capitalization of Veris Residential Inc is $1.49B. A total of 0.62 million shares were traded on the day, compared to an average of 700.73K shares.

In the most recent transaction, Nia Mahbod bought 35,000 shares of VRE for 14.32 per share on Jun 20 ’24. After the transaction, the CHIEF EXECUTIVE OFFICER now owns 380,869 company shares. In a previous transaction on Jun 20 ’24, Lietz Nori Gerardo bought 10,000 shares at 14.31 per share. VRE shares that Director owns now total 39,687.

Among the insiders who sold shares, KATZ A. AKIVA disposed of 10,607 shares on Aug 31 ’23 at a per-share price of $18.75. This resulted in the Director holding 5,195,930 shares of VRE after the transaction. In another insider transaction, KATZ A. AKIVA sold 100,000 shares at $18.83 per share on Aug 30 ’23. Company shares held by the Director now total 5,206,537.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. VRE’s most recent ex-dividend date was 7/3/2024 when it declared a $0.06 quarterly dividend that was paid in cash on 7/16/2024. Previously, the company paid the dividend on 4/16/2024 with an ex-dividend date of 4/2/2024. The VRE stock dividend was $0.0520 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, VRE has a high of $18.98 and a low of $13.06.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. VRE’s latest balance sheet shows that the firm has $31.75M in Cash & Short Term Investments as of fiscal 2021. There were $2.39B in debt and $315.52M in liabilities at the time. Its Book Value Per Share was $12.20, while its Total Shareholder’s Equity was $1.97B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for VRE is Buy with a score of 3.40.

Most Popular

Related Posts