Veris Residential, Inc. (VRE)

NYSE: VRE · Real-Time Price · USD
15.01
+0.27 (1.83%)
Nov 7, 2025, 4:00 PM EST - Market closed
1.83%
Market Cap1.53B
Revenue (ttm)291.35M
Net Income (ttm)63.00M
Shares Out 101.95M
EPS (ttm)0.68
PE Ratio23.87
Forward PEn/a
Dividend$0.32 (2.13%)
Ex-Dividend DateDec 31, 2025
Volume656,249
Open14.79
Previous Close14.74
Day's Range14.74 - 15.08
52-Week Range13.69 - 18.85
Beta1.23
AnalystsBuy
Price Target19.20 (+27.92%)
Earnings DateOct 22, 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... [Read more]

IPO Date Aug 24, 1994
Employees 188
Stock Exchange NYSE
Ticker Symbol VRE
Full Company Profile

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.

Financial Statements

Analyst Summary

According to 5 analysts, the average rating for VRE stock is "Buy." The 12-month stock price target is $19.2, which is an increase of 27.92% from the latest price.

Price Target
$19.2
(27.92% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Veris Residential: A Northeast Residential REIT In A Portfolio Balancing Act

Veris Residential gets a hold/neutral rating for my initial coverage, agreeing with the quant rating today, which was also a hold. Market demand and premium rents in its core northeast market could fa...

3 days ago - Seeking Alpha

Veris Residential Declares Fourth Quarter 2025 Cash Dividend

JERSEY CITY, N.J. , Nov. 5, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) ("Veris Residential" or the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today anno...

4 days ago - PRNewsWire

Veris Residential: Shares Have Potential, But Are Fully Priced

Veris Residential (VRE) has grown revenue and cash flow by raising rents, capitalizing on a tight housing market in the Northeast US. VRE's shares are expensive both on an absolute and relative basis,...

4 days ago - Seeking Alpha

Veris Residential, Inc. (VRE) Q3 2025 Earnings Call Transcript

Veris Residential, Inc. (NYSE:VRE) Q3 2025 Earnings Call October 23, 2025 8:30 AM EDT Company Participants Taryn Fielder - General Counsel & Secretary Mahbod Nia - CEO & Director Anna Malhari - Execu...

17 days ago - Seeking Alpha

Veris Residential, Inc. Reports Third Quarter 2025 Results

JERSEY CITY, N.J., Oct. 22, 2025 /PRNewswire/ --  Veris Residential, Inc. (NYSE: VRE) (the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today reported results for the t...

18 days ago - PRNewsWire

Veris Residential, Inc. Announces Dates for Third Quarter 2025 Financial Results and Webcast

JERSEY CITY, N.J., Oct. 6, 2025 /PRNewswire/ -- Veris Residential, Inc. ("Veris Residential" or the "Company") (NYSE: VRE), a forward-thinking, Northeast-focused, Class A multifamily REIT, today annou...

4 weeks ago - PRNewsWire

Veris Residential Releases 2024 Sustainability Report

Achieves GRESB's Highest U.S. Listed Residential Multifamily Score in 2024 and Third-Highest Score Globally Increases Share of Green-Certified (LEED or Equivalent) Properties to 79% of Managed Multifa...

6 weeks ago - PRNewsWire

Veris Residential Declares Third Quarter 2025 Cash Dividend

JERSEY CITY, N.J. , Aug. 25, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) ("Veris Residential" or the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today ann...

2 months ago - PRNewsWire

Veris Residential, Inc. (VRE) Q2 2025 Earnings Call Transcript

Veris Residential, Inc. (NYSE:VRE) Q2 2025 Earnings Conference Call July 24, 2025 8:30 AM ET Company Participants Amanda E. Lombard - Chief Financial Officer Anna Malhari - Executive VP & COO Mahbod ...

3 months ago - Seeking Alpha

Veris Residential Appoints Christopher Papa to Board of Directors

Seasoned Real Estate CFO Brings Significant Multifamily Real Estate, Audit and M&A Experience to Board Ronald M. Dickerman to Step Down from Board JERSEY CITY, N.J.

3 months ago - PRNewsWire

Veris Residential, Inc. Reports Second Quarter 2025 Results

JERSEY CITY, N.J. , July 23, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today reported results for the s...

3 months ago - PRNewsWire

Veris Residential Completes Liquidity Enhancing Transactions

Enters into Amended Credit Facility Completes Sale of Signature Place Resulting in $80 Million Term Loan Reduction JERSEY CITY, N.J. , July 10, 2025 /PRNewswire/ -- Veris Residential, Inc. ("Veris Res...

4 months ago - PRNewsWire

Veris Residential, Inc. Announces Dates for Second Quarter 2025 Financial Results and Webcast

JERSEY CITY, N.J. , July 7, 2025 /PRNewswire/ -- Veris Residential, Inc. ("Veris Residential" or the "Company") (NYSE: VRE), a forward-thinking, Northeast-focused, Class A multifamily REIT, today anno...

4 months ago - PRNewsWire

U.S. REIT Share Repurchase Activity Doubles In Q1 2025

Share buyback activity by US equity real estate investment trusts more than doubled in the first quarter, according to an analysis by S&P Global Market Intelligence. The US REIT sector bought back aro...

Other symbols: APLEAREBHMBNLBRTDOCGNL
5 months ago - Seeking Alpha

Veris Residential Declares Second Quarter 2025 Cash Dividend

JERSEY CITY, N.J. , May 28, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) ("Veris Residential" or the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today anno...

5 months ago - PRNewsWire

Veris Residential, Inc. (VRE) Q1 2025 Earnings Call Transcript

Veris Residential, Inc. (NYSE:VRE) Q1 2025 Earnings Conference Call April 24, 2025 8:30 AM ET Company Participants Taryn Fielder - General Counsel Mahbod Nia - Chief Executive Officer Amanda Lombard ...

7 months ago - Seeking Alpha

Veris Residential, Inc. Reports First Quarter 2025 Results

JERSEY CITY, N.J. , April 23, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today reported results for the ...

7 months ago - PRNewsWire

Veris Residential Consolidates Majority Stake in Jersey City Urby

Rebrands 762-Unit, Class A Waterfront Property  to Sable JERSEY CITY, N.J. , April 22, 2025 /PRNewswire/ -- Veris Residential, Inc. ("Veris Residential" or the "Company") (NYSE: VRE), a forward-thinki...

7 months ago - PRNewsWire

Veris Residential, Inc. Announces Dates for First Quarter 2025 Financial Results and Webcast

JERSEY CITY, N.J. , April 4, 2025 /PRNewswire/ -- Veris Residential, Inc. ("Veris Residential" or the "Company") (NYSE: VRE), a forward-thinking, Northeast-focused, Class A multifamily REIT, today ann...

7 months ago - PRNewsWire

Veris Residential Declares Quarterly Cash Dividend

JERSEY CITY, N.J. , Feb. 27, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) ("Veris Residential" or the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today ann...

9 months ago - PRNewsWire

Veris Residential, Inc. (VRE) Q4 2024 Earnings Call Transcript

Veris Residential, Inc. (VRE) Q4 2024 Earnings Call Transcript

9 months ago - Seeking Alpha

Veris Residential, Inc. Reports Fourth Quarter and Full Year 2024 Results

JERSEY CITY, N.J. , Feb. 24, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today reported results for the f...

9 months ago - PRNewsWire

Veris Residential Announces Tax Treatment of 2024 Distributions

JERSEY CITY, N.J. , Feb. 18, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) ("Veris Residential" or the "Company"), a forward-thinking multifamily REIT, today announced the tax treatment of ...

9 months ago - PRNewsWire

How The 'Smart Money' Is Investing In REITs Right Now

Passive investors commonly outperform active investors. REITs are an exception in which active strategies outperform. Here is what some of the world's best REIT investors are today buying.

Other symbols: CCICPTDLREQIXEQRFRHR
10 months ago - Seeking Alpha

Veris Residential, Inc. Announces Dates for Fourth Quarter and Full Year 2024 Financial Results and Webcast

JERSEY CITY, N.J. , Jan. 22, 2025 /PRNewswire/ -- Veris Residential, Inc. ("Veris Residential" or the "Company") (NYSE: VRE), a forward-thinking multifamily REIT, today announces that it will host its...

10 months ago - PRNewsWire