Veris Residential, Inc. (VRE)

Market Cap	1.49B
Revenue (ttm)	279.63M
Net Income (ttm)	-29.92M
Shares Out	101.87M
EPS (ttm)	-0.35
PE Ratio	n/a
Forward PE	n/a
Dividend	$0.32 (2.17%)
Ex-Dividend Date	Jun 30, 2025

Volume	309,115
Open	14.62
Previous Close	14.77
Day's Range	14.53 - 14.73
52-Week Range	14.12 - 18.85
Beta	1.22
Analysts	Buy
Price Target	18.50 (+26.11%)
Earnings Date	Jul 23, 2025

About VRE

Veris Residential, Inc. is a forward-thinking real estate investment trust (REIT) that primarily owns, operates, acquires and develops premier Class A multifamily properties in the Northeast. Our technology-enabled, vertically integrated operating platform delivers a contemporary living experience aligned with residents' preferences while positively impacting the communities we serve. We are guided by an experienced management team and Board of Directors, underpinned by leading corporate governance principles; a best-in-class approach to operat...

• Industry: REIT - Residential
• Sector: Real Estate
• IPO Date: Aug 24, 1994
• Employees: 188
• Stock Exchange: NYSE
• Ticker Symbol: VRE
• Website: https://www.verisresidential.com

Financial Performance

In 2024, Veris Residential's revenue was $275.63 million, an increase of 4.40% compared to the previous year's $264.02 million. Losses were -$23.12 million, -79.32% less than in 2023.

Analyst Summary

According to 4 analysts, the average rating for VRE stock is "Buy." The 12-month stock price target is $18.5, which is an increase of 26.11% from the latest price.

Price Target

$18.5

(26.11% upside)

Analyst Consensus: Buy