Veris Residential Inc
VRE
$15.07
Closing
▼-0.53%
1D
▼-4.20%
YTD
Market cap
$1.39B
52 week high
$18.97
52 week low
$13.07
Volume
265,418
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Market cap
$1.39B
Analysts' Rating
HOLD
Price Target (Mean)
17.16667
Total Analysts
2
P/E
Operating Margin
-3.69%
Beta
1.20
Revenue Growth (Annual)
9.78%
52 week high
$18.97
52 week low
$13.07
Div. Yield
1.39%
EPS Annual Growth
100.00
Note on Purification and Zakat
- Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
- If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
- For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
Veris Residential, Inc. is a real estate investment trust (REIT). The Company develops, owns and operates predominantly multifamily rental properties located primarily in the Northeast, as well as a portfolio of Class A office properties. The Company’s segments include multifamily real estate and services, and commercial and other real estate. The Company provides leasing, property management, acquisition, development, construction and tenant-related services for its commercial and other real estate and multifamily real estate portfolio. The Company’s multifamily services business also provides similar services to third parties. The Company owns interests in approximately 24 multifamily rental properties, as well as non-core assets comprised of five office buildings, four parking/retail properties and two hotels, plus developable land.
