Veris Residential, Inc. (VRE)

US — Real Estate Sector
Peers: LADR  TRTX  UMH  EFC  ARI  KREF  SILA  IIPR  XHR 

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Key Metrics & Ratings

  • symbol VRE
  • Rev/Share 3.0853
  • Book/Share 12.4726
  • PB 1.527
  • Debt/Equity 0.0
  • CurrentRatio 0.0
  • ROIC 0.0016

 

  • MktCap 1757350114.0
  • FreeCF/Share 0.4629
  • PFCF 40.6127
  • PE 22.2762
  • Debt/Assets 0.0
  • DivYield 0.017
  • ROE 0.0706

 

  • Rating C+
  • Score 2
  • Recommendation Sell
  • P/E Score 2
  • DCF Score 1
  • P/B Score 2
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Downgrade VRE Evercore ISI Outperform In-line $20 $18 Feb. 26, 2025
Upgrade VRE JP Morgan Underweight Neutral $14 $17 Dec. 17, 2024

News

Veris Residential: Acquisition Could Catalyze Multifamily REITs
VRE
Published: February 25, 2026 by: Seeking Alpha
Sentiment: Positive

Veris is being acquired by an Affinius Capital-led group at a 23% premium, unlocking value after prolonged public market undervaluation. VRE's transformation into a pure-play multifamily REIT with high-income tenants and Class A assets in premier markets culminates in this strategic sale. The $19 per share all-cash transaction, expected to close in Q2, reflects a persistent NAV discount and validates management's portfolio repositioning.

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image for news Veris Residential: Acquisition Could Catalyze Multifamily REITs
$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Veris Residential, Inc. (NYSE: VRE)
VRE
Published: February 23, 2026 by: PRNewsWire
Sentiment: Neutral

NEW YORK, Feb. 23, 2026 /PRNewswire/ -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Veris Residential, Inc. (NYSE: VRE ) related to its sale to an investor consortium led by Affinius Capital in partnership with Vista Hill Partners.

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image for news $HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Veris Residential, Inc. (NYSE: VRE)
VRE Stock Alert: Halper Sadeh LLC is Investigating Whether Veris Residential, Inc. is Obtaining a Fair Price for its Shareholders
VRE
Published: February 23, 2026 by: Business Wire
Sentiment: Neutral

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating the sale of Veris Residential, Inc. (NYSE: VRE) to an investor consortium led by Affinius Capital in partnership with Vista Hill Partners for $19.00 per share. Halper Sadeh encourages Veris shareholders to click here to learn more about their rights and options or contact Daniel Sadeh or Zachary Halper free of charge at (212) 763-0060 or [email protected] or [email protected]. The investigation.

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image for news VRE Stock Alert: Halper Sadeh LLC is Investigating Whether Veris Residential, Inc. is Obtaining a Fair Price for its Shareholders
Veris Residential to Be Acquired by Affinius Capital-Led Investor Consortium for $3.4 Billion in Cash
VRE
Published: February 23, 2026 by: PRNewsWire
Sentiment: Neutral

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., Feb. 23, 2026 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) ("Veris" or the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today announced that it has entered into a definitive merger agreement (the "Merger Agreement") to be acquired by an investor consortium led by Affinius Capital in partnership with Vista Hill Partners (the "Investor Consortium"), in an all-cash transaction for $19.00 per share of Veris common stock (the "Transaction"), representing …

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image for news Veris Residential to Be Acquired by Affinius Capital-Led Investor Consortium for $3.4 Billion in Cash
Veris Residential, Inc. Reports Fourth Quarter and Full Year 2025 Results
VRE
Published: February 23, 2026 by: PRNewsWire
Sentiment: Neutral

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 fourth quarter and full year 2025.

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image for news Veris Residential, Inc. Reports Fourth Quarter and Full Year 2025 Results
Top 2 Real Estate Stocks That May Fall Off A Cliff In Q1
PKST, VRE
Published: February 06, 2026 by: Benzinga
Sentiment: Negative

As of Feb. 6, 2026, two stocks in the real estate sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

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image for news Top 2 Real Estate Stocks That May Fall Off A Cliff In Q1
2 Residential REITs Positioned to Weather a Challenging Market
ELS, VRE
Published: January 08, 2026 by: Zacks Investment Research
Sentiment: Neutral

Equity LifeStyle Properties and Veris Residential offer upside as residential REITs battle supply pressure but benefit from steady renting demand.

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image for news 2 Residential REITs Positioned to Weather a Challenging Market
Veris Residential, Inc. (VRE) Q3 2025 Earnings Call Transcript
VRE
Published: October 23, 2025 by: Seeking Alpha
Sentiment: Neutral

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 - Executive VP & COO Amanda Lombard - Chief Financial Officer Conference Call Participants Jana Galan - BofA Securities, Research Division Sanketkumar Agrawal - Evercore ISI Institutional Equities, Research Division Eric Wolfe - Citigroup Inc., Research Division William Catherwood - BTIG, LLC, Research Division Presentation Operator Greetings, and welcome to the Veris Residential, Inc. Third Quarter 2025 Earnings Conference Call. [Operator Instructions] Please note, this conference is being …

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image for news Veris Residential, Inc. (VRE) Q3 2025 Earnings Call Transcript
Veris Residential, Inc. (VRE) Q2 2025 Earnings Call Transcript
VRE
Published: July 24, 2025 by: Seeking Alpha
Sentiment: Neutral

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 Nia - CEO & Director Taryn D.

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image for news Veris Residential, Inc. (VRE) Q2 2025 Earnings Call Transcript
3 Residential REITs Set to Gain From Strong Sector Fundamentals
ELME, NXRT, VRE
Published: June 25, 2025 by: Zacks Investment Research
Sentiment: Positive

Despite macroeconomic uncertainty, healthy rental demand amid favorable demographics and high homeownership costs poise Residential REITs like VRE, ELME and NXRT well for growth.

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image for news 3 Residential REITs Set to Gain From Strong Sector Fundamentals
Wall Street Analysts Predict a 25.9% Upside in Veris (VRE): Here's What You Should Know
VRE
Published: June 11, 2025 by: Zacks Investment Research
Sentiment: Positive

The average of price targets set by Wall Street analysts indicates a potential upside of 25.9% in Veris (VRE). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

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image for news Wall Street Analysts Predict a 25.9% Upside in Veris (VRE): Here's What You Should Know
U.S. REIT Share Repurchase Activity Doubles In Q1 2025
APLE, ARE, BHM, BNL, BRT, DOC, GNL, HST, IIPR, JBGS, LAMR, O, PINE, PK, PLYM, PSTL, REXR, RLJ, SAFE, UMH, VRE, WY, XHR
Published: June 03, 2025 by: Seeking Alpha
Sentiment: Positive

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 around $993.2 million in common stock in the period, more than twice as much as the $456.2 million in the fourth quarter of 2024 and up 15.5% year over year. More than a dozen REITs announced new share repurchase programs during the first quarter.

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image for news U.S. REIT Share Repurchase Activity Doubles In Q1 2025
Veris Residential, Inc. (VRE) Q1 2025 Earnings Call Transcript
VRE
Published: April 24, 2025 by: Seeking Alpha
Sentiment: Neutral

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 - Chief Financial Officer Anna Malhari - Chief Operating Officer Conference Call Participants Steve Sakwa - Evercore Jana Galan - Bank of America Eric Wolfe - Citibank Tom Catherwood - BTIG John Pawlowski - Green Street Operator Greetings, and welcome to the Veris Residential First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode.

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image for news Veris Residential, Inc. (VRE) Q1 2025 Earnings Call Transcript
Veris Residential Consolidates Majority Stake in Jersey City Urby
VRE
Published: April 22, 2025 by: PRNewsWire
Sentiment: Neutral

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-thinking, Northeast-focused, Class A multifamily REIT, and Urby, a design-forward, hospitality-driven multifamily development brand, today announced that Veris Residential has acquired Ironstate Holdings' ("Ironstate") 15% stake in Jersey City Urby, a 762-unit, Class A multifamily property located on the Jersey City Waterfront, for $38.5 million, excluding transaction costs but including consideration for the termination of Urby's management contract and the annual tax credit.

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image for news Veris Residential Consolidates Majority Stake in Jersey City Urby
Veris Residential, Inc. Announces Dates for First Quarter 2025 Financial Results and Webcast
VRE
Published: April 04, 2025 by: PRNewsWire
Sentiment: Neutral

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 announced that it will host its first quarter 2025 financial results webcast and conference call on Thursday, April 24, 2025, at 8:30 a.m.

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image for news Veris Residential, Inc. Announces Dates for First Quarter 2025 Financial Results and Webcast
Veris Residential Announces Tax Treatment of 2024 Distributions
VRE
Published: February 18, 2025 by: PRNewsWire
Sentiment: Neutral

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 its 2024 Distributions.

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image for news Veris Residential Announces Tax Treatment of 2024 Distributions

About Veris Residential, Inc. (VRE)

  • IPO Date 1994-08-25
  • Website https://www.verisresidential.com
  • Industry REIT - Residential
  • CEO Mahbod Nia
  • Employees 188

Veris Residential, Inc. is a forward-thinking, environmentally- and socially-conscious real estate investment trust (REIT) that primarily owns, operates, acquires, and develops holistically-inspired, Class A multifamily properties that meet the sustainability-conscious lifestyle needs of today's residents while seeking to positively impact the communities it serves and the planet at large. The company is guided by an experienced management team and Board of Directors and is underpinned by leading corporate governance principles, a best-in-class and sustainable approach to operations, and an inclusive culture based on equality and meritocratic empowerment. For additional information on Veris Residential, Inc. and our properties available for lease, please visit http://www.verisresidential.com/.