Veris Residential, Inc. (VRE)
| Market Cap | 1.94B +31.6% |
| Revenue (ttm) | 292.16M +4.9% |
| Net Income | 71.93M |
| EPS | 0.77 |
| Shares Out | 102.28M |
| PE Ratio | 25.97 |
| Forward PE | n/a |
| Dividend | $0.32 (1.69%) |
| Ex-Dividend Date | Mar 31, 2026 |
| Volume | 509,369 |
| Open | 18.97 |
| Previous Close | 18.98 |
| Day's Range | 18.95 - 18.98 |
| 52-Week Range | 13.69 - 19.03 |
| Beta | 1.07 |
| Analysts | Buy |
| Price Target | 19.50 (+2.79%) |
| Earnings Date | Apr 22, 2026 |
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]
Financial Performance
Financial StatementsAnalyst Summary
According to 4 analysts, the average rating for VRE stock is "Buy." The 12-month stock price target is $19.5, which is an increase of 2.79% from the latest price.
News
Veris Residential price target raised to $19 from $16 at Citi
Citi analyst Nick Joseph raised the firm’s price target on Veris Residential (VRE) to $19 from $16 and keeps a Neutral rating on the shares.
Veris Residential price target raised to $19 from $16 at Citi
Citi raised the firm’s price target on Veris Residential (VRE) to $19 from $16 and keeps a Neutral rating on the shares. The firm is updating its model for updated
Veris Residential price target raised to $19 from $16 at Citi
Citi raised the firm’s price target on Veris Residential (VRE) to $19 from $16 and keeps a Neutral rating on the shares. The firm is updating its model for updated
Veris Residential price target raised to $19 from $15 at Truist
Truist raised the firm’s price target on Veris Residential (VRE) to $19 from $15 and keeps a Hold rating on the shares. The firm is modeling the stock as a
Veris Residential Declares First Quarter 2026 Cash Dividend
JERSEY CITY, N.J., March 4, 2026 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) ("Veris Residential" or the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today anno...
Veris Residential moved to No Rating at BofA after take private offer
BofA analyst Joshua Dennerlein is moving Veris Residential (VRE) to No Rating as the firm believes the stock no longer trades on its fundamentals after the company issued an 8-K
Veris Residential reports Q4 core AFFO 19c, consensus 16c
Reports Q4 revenue $69.82M, consensus $70.92M.
Veris Residential to be acquired by Affinius Capital-led consortium for $3.4B
07:23 EST Veris Residential (VRE) to be acquired by Affinius Capital-led consortium for $3.4B
Veris Residential to be acquired by Affinius Capital-led consortium for $3.4B
Veris Residential (VRE) announced that it has entered into a definitive merger agreement to be acquired by an investor consortium led by Affinius Capital in partnership with Vista Hill Partners,
Veris Residential to Be Acquired by Affinius Capital-Led Investor Consortium for $3.4 Billion in Cash
Unlocks Immediate Value Upon Close with Shareholders to Receive $19.00 per Share in Cash Underscores Strength of Veris Portfolio and Market Position as a Pure-Play Multifamily REIT JERSEY CITY, N.J., ...
Veris Residential, Inc. Reports Fourth Quarter and Full Year 2025 Results
JERSEY CITY, N.J., Feb. 23, 2026 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today reported results for the fo...
Veris Residential being urged to explore sale, Reuters reports
Erez Asset Management, which owns nearly 5% of Veris Residential (VRE), urged the company to begin a formal review of strategic alternatives and to publicly announce and fully market the
Veris Residential, Inc. Announces Dates for Fourth Quarter and Full Year 2025 Financial Results and Webcast
JERSEY CITY, N.J., Feb. 5, 2026 /PRNewswire/ -- Veris Residential, Inc. ("Veris Residential" or the "Company") (NYSE: VRE), a forward-thinking, Northeast-focused, Class A multifamily REIT, today annou...
Veris Residential Announces Tax Treatment of 2025 Distributions
JERSEY CITY, N.J., Jan. 26, 2026 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today announced the tax treatment...
Veris Residential Completes $75 Million Sale of Harborside 8/9 Land Parcel
Proceeds Will Reduce Net Debt-to-EBITDA to approximately 9.0x Transaction Expected to Be Accretive by Approximately $0.04 per Share to Core FFO JERSEY CITY, N.J. , Dec. 9, 2025 /PRNewswire/ -- Veris R...
Veris Residential management to meet virtually with Truist
Virtual Meeting to be held on December 2 hosted by Truist.
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...
Veris Residential Earnings Call Transcript: Q3 2025
Strong operational and financial results included 3.9% blended net rental growth, $0.20 core FFO per share, and $542 million in asset sales, driving a 15% reduction in net debt to EBITDA. Guidance was raised, with robust performance in key Northeast markets and continued focus on deleveraging.
Veris Residential raises 2025 core FFO view to 67c-68c from 63c-64c
2025 FFO consensus 64c.
Veris Residential reports Q3 core AFFO 19c, consensus 15c
Reports Q3 revenue $73.44M, consensus $73.74M. CEO Mahbod Nia commented, “Q3 marked another period of significant progress advancing Veris Residential’s (VRE) corporate plan, as we seek to continue ac...
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...
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...
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...
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...
Veris Residential price target lowered to $15 from $16 at Truist
Truist lowered the firm’s price target on Veris Residential (VRE) to $15 from $16 and keeps a Hold rating on the shares. The firm raised its 2025 and 2026 following