Veris Residential, Inc. financial data

Symbol
VRE on NYSE
Industry
Real Estate Investment Trusts
Location
Harborside 3, 210 Hudson St., Ste. 400, Jersey City, NJ
State of incorporation
Maryland
Fiscal year end
December 31
Former names
MACK CALI REALTY CORP (to 12/7/2021), CALI REALTY CORP /NEW/ (to 10/10/1997), CALI REALTY L P (to 5/9/1996)
Latest financial report
10-Q - Q2 2024 - Jul 24, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 168 % -6.32%
Return On Equity -4.76 % +44.1%
Return On Assets -1.9 % +36.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 92.9M shares +0.9%
Common Stock, Shares, Outstanding 92.8M shares +0.85%
Entity Public Float 1.29B USD +12.1%
Common Stock, Value, Issued 928K USD +1.09%
Weighted Average Number of Shares Outstanding, Basic 92.7M shares +0.86%
Weighted Average Number of Shares Outstanding, Diluted 102M shares +1.09%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 288M USD +10.6%
General and Administrative Expense 44.7M USD -0.46%
Costs and Expenses 309M USD +18.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.49M USD
Income Tax Expense (Benefit) 727K USD
Net Income (Loss) Attributable to Parent -60.8M USD +47.9%
Earnings Per Share, Basic -0.66 USD/shares +50%
Earnings Per Share, Diluted -0.66 USD/shares +50%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 18.4M USD -95.4%
Assets 3.04B USD -19.5%
Liabilities 1.76B USD -26.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax 2.04M USD -54.8%
Retained Earnings (Accumulated Deficit) -1.43B USD -6.01%
Stockholders' Equity Attributable to Parent 1.13B USD -5.39%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.27B USD -5.71%
Liabilities and Equity 3.04B USD -19.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 15.7M USD +29.9%
Net Cash Provided by (Used in) Financing Activities -25.7M USD +72%
Net Cash Provided by (Used in) Investing Activities 93.8M USD +5.08%
Common Stock, Shares Authorized 190M shares 0%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 40.9M USD -90.4%
Deferred Tax Assets, Valuation Allowance 31.1M USD +1.3%
Operating Lease, Liability 6.95M USD -10.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -63.3M USD +44.5%
Lessee, Operating Lease, Liability, to be Paid 36.4M USD -3.37%
Property, Plant and Equipment, Gross 292M USD -41.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.28M USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.28M USD +0.55%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 29.5M USD -1.63%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.28M USD +0.08%
Lessee, Operating Lease, Liability, to be Paid, Year Four 494K USD -61.4%
Additional Paid in Capital 2.56B USD +0.75%
Depreciation, Depletion and Amortization 20.1M USD -7.58%
Interest Expense 88.8M USD +6.07%