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Veris Residential (VRE) Competitors

$15.29
+0.22 (+1.46%)
(As of 05/31/2024 ET)

VRE vs. AIRC, RITM, KRG, EPRT, VNO, RYN, KRC, PECO, HASI, and IRT

Should you be buying Veris Residential stock or one of its competitors? The main competitors of Veris Residential include Apartment Income REIT (AIRC), Rithm Capital (RITM), Kite Realty Group Trust (KRG), Essential Properties Realty Trust (EPRT), Vornado Realty Trust (VNO), Rayonier (RYN), Kilroy Realty (KRC), Phillips Edison & Company, Inc. (PECO), Hannon Armstrong Sustainable Infrastructure Capital (HASI), and Independence Realty Trust (IRT). These companies are all part of the "real estate investment trusts" industry.

Veris Residential vs.

Veris Residential (NYSE:VRE) and Apartment Income REIT (NYSE:AIRC) are both finance companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, media sentiment, profitability, valuation, earnings, community ranking, risk and dividends.

Apartment Income REIT has a net margin of 79.54% compared to Veris Residential's net margin of -32.51%. Apartment Income REIT's return on equity of 25.86% beat Veris Residential's return on equity.

Company Net Margins Return on Equity Return on Assets
Veris Residential-32.51% -10.42% -3.99%
Apartment Income REIT 79.54%25.86%10.17%

Veris Residential has a beta of 1.22, suggesting that its stock price is 22% more volatile than the S&P 500. Comparatively, Apartment Income REIT has a beta of 0.78, suggesting that its stock price is 22% less volatile than the S&P 500.

93.0% of Veris Residential shares are owned by institutional investors. Comparatively, 98.1% of Apartment Income REIT shares are owned by institutional investors. 15.0% of Veris Residential shares are owned by insiders. Comparatively, 1.0% of Apartment Income REIT shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Apartment Income REIT received 20 more outperform votes than Veris Residential when rated by MarketBeat users. Likewise, 32.39% of users gave Apartment Income REIT an outperform vote while only 14.29% of users gave Veris Residential an outperform vote.

CompanyUnderperformOutperform
Veris ResidentialOutperform Votes
3
14.29%
Underperform Votes
18
85.71%
Apartment Income REITOutperform Votes
23
32.39%
Underperform Votes
48
67.61%

Apartment Income REIT has higher revenue and earnings than Veris Residential. Veris Residential is trading at a lower price-to-earnings ratio than Apartment Income REIT, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Veris Residential$279.86M5.06-$107.26M-$1.00-15.29
Apartment Income REIT$820.04M6.86$635.10M$4.269.10

In the previous week, Apartment Income REIT had 8 more articles in the media than Veris Residential. MarketBeat recorded 8 mentions for Apartment Income REIT and 0 mentions for Veris Residential. Apartment Income REIT's average media sentiment score of 1.08 beat Veris Residential's score of 0.00 indicating that Apartment Income REIT is being referred to more favorably in the news media.

Company Overall Sentiment
Veris Residential Neutral
Apartment Income REIT Positive

Veris Residential currently has a consensus target price of $16.00, indicating a potential upside of 4.64%. Apartment Income REIT has a consensus target price of $36.59, indicating a potential downside of 5.58%. Given Veris Residential's stronger consensus rating and higher possible upside, research analysts clearly believe Veris Residential is more favorable than Apartment Income REIT.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Veris Residential
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50
Apartment Income REIT
0 Sell rating(s)
8 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.11

Veris Residential pays an annual dividend of $0.21 per share and has a dividend yield of 1.4%. Apartment Income REIT pays an annual dividend of $1.80 per share and has a dividend yield of 4.6%. Veris Residential pays out -21.0% of its earnings in the form of a dividend. Apartment Income REIT pays out 42.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Summary

Apartment Income REIT beats Veris Residential on 14 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding VRE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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VRE vs. The Competition

MetricVeris ResidentialReal estate investment trusts IndustryFinance SectorNYSE Exchange
Market Cap$1.42B$6.64B$9.56B$17.81B
Dividend Yield1.39%7.01%6.17%3.55%
P/E Ratio-15.2931.0545.0322.67
Price / Sales5.066.44181.5811.15
Price / CashN/A16.1916.3018.95
Price / Book1.119.223.295.90
Net Income-$107.26M$151.15M$1.01B$976.46M
7 Day Performance2.21%1.14%0.38%0.62%
1 Month Performance5.30%2.36%3.01%4.79%
1 Year Performance-5.27%2.67%17.18%24.00%

Veris Residential Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AIRC
Apartment Income REIT
2.5459 of 5 stars
$38.75
+0.1%
$36.59
-5.6%
+11.7%$5.62B$820.04M9.10760Short Interest ↑
Positive News
RITM
Rithm Capital
3.2716 of 5 stars
$11.21
+1.1%
$12.32
+9.9%
+37.6%$5.42B$3.80B7.476,570Positive News
High Trading Volume
KRG
Kite Realty Group Trust
4.228 of 5 stars
$21.92
+2.3%
$26.40
+20.4%
+12.9%$4.81B$823M84.31229Analyst Forecast
Positive News
EPRT
Essential Properties Realty Trust
3.8543 of 5 stars
$26.78
+1.2%
$28.64
+6.9%
+11.9%$4.69B$359.60M21.7740Analyst Forecast
Positive News
High Trading Volume
VNO
Vornado Realty Trust
1.8399 of 5 stars
$24.52
+2.9%
$24.45
-0.3%
+80.8%$4.67B$1.81B163.482,935
RYN
Rayonier
3.4795 of 5 stars
$30.02
+1.6%
$34.50
+14.9%
+2.4%$4.47B$1.06B26.80438High Trading Volume
KRC
Kilroy Realty
4.3139 of 5 stars
$33.53
+2.6%
$38.45
+14.7%
+23.5%$3.94B$1.12B19.27248Analyst Forecast
PECO
Phillips Edison & Company, Inc.
1.5871 of 5 stars
$31.94
+1.4%
$37.43
+17.2%
+10.1%$3.91B$610.12M69.44290Analyst Forecast
HASI
Hannon Armstrong Sustainable Infrastructure Capital
4.2666 of 5 stars
$33.29
+1.4%
$33.82
+1.6%
+41.6%$3.80B$319.87M16.16137Gap Down
IRT
Independence Realty Trust
3.1939 of 5 stars
$16.70
+3.0%
$17.00
+1.8%
-3.4%$3.76B$660.98M-556.48952Positive News
High Trading Volume

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This page (NYSE:VRE) was last updated on 6/1/2024 by MarketBeat.com Staff

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