What does Veris Residential, Inc. do?

Jun 22 2025 05:54 PM IST
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Veris Residential, Inc. is a self-managed real estate investment trust (REIT) focused on the Realty industry, with a market cap of approximately $1.39 billion. As of March 2025, it reported net sales of $68 million and a net profit loss of $14 million.
Overview:
Veris Residential, Inc. is a self-administered and self-managed real estate investment trust (REIT) operating in the Realty industry, with a market cap in the micro-cap bracket.

Financial Snapshot:
- Most recent Net Sales: 68 Million (Quarterly Results - Mar 2025)
- Most recent Net Profit: -14 Million (Quarterly Results - Mar 2025)
- Market cap: USD 1,388.62 Million (Micro Cap)

Key Metrics:
- P/E: NA (Loss Making)
- Industry P/E: NA
- Dividend Yield: 189.93%
- Debt Equity: -999,999.00
- Return on Equity: -2.22%
- Price to Book: 1.29

Contact Details:
- Address: Harborside 3, 210 Hudson St., Ste. 400, JERSEY CITY NJ : 07311
- Tel: 1 732 5901000
- Website: https://www.mack-cali.com/
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