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VRE

Veris Residential, Inc.

Price Chart
Latest Quote

$18.99

-0.01 (-0.05%)
Current Price
Previous Close $19.00
Open $18.99
Day High $19.00
Day Low $18.99
Volume 1,037,302
Fetched: 2026-06-04T13:39:53
Stock Information
Quarterly Dividend / Yield $0.32 / 0.02%
Shares Outstanding 93.84M
Quarterly Dividend Yield 0.02%
Quarterly Dividend $0.32
Total Debt $1.37B
Cash Equivalents $9.41M
Revenue $292.16M
Net Income $68.29M
Sector Real Estate
Industry REIT - Residential
Market Cap $1.94B
P/E Ratio 26.01
EPS (TTM) $0.73
Exchange NYQ
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📊 Comprehensive Analysis
Company Data
Enterprise Value$3.26B
Sales$292.16M
Income$68.29M
Book/sh$12.34
Cash/sh$0.10
Employees181
Financial Ratios
Quick Ratio0.04
Current Ratio0.12
Debt/Eq109.45
Returns & Margins
ROA1.29%
ROE5.92%
Gross Margin62.12%
Operating Margin18.55%
Profit Margin24.62%
Ownership
Insider Ownership12.74%
Institutional Ownership97.04%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E-67.82
PEG8.59
P/S6.65
P/B1.54
Analyst Data
Recommendationbuy
Target Price$19.75
Technical Indicators
SMA20$18.97
SMA50$18.91
SMA200$16.20
RSI66.67
ATR0.0221
Shares Float81.42M
Short Float1.59%
Short Ratio0.97
Volatility1.07
Rel Volume5.03
Performance History
Week+0.05%
Month+0.32%
Quarter+1.28%
6 Months+27.81%
YTD+28.51%
Year+31.20%
3 Years+20.88%
5 Years+18.86%
10 Years-11.47%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-05-26 $18.99 4,322,600
2026-05-22 $19.00 310,800
2026-05-21 $18.99 562,400
2026-05-20 $19.00 1,520,000
2026-05-19 $18.98 748,700
2026-05-18 $18.98 491,000
2026-05-15 $18.96 621,200
2026-05-14 $18.97 544,400
2026-05-13 $18.96 561,200
2026-05-12 $18.96 512,800
2026-05-11 $18.96 459,500
2026-05-08 $18.97 509,400
2026-05-07 $18.98 843,800
2026-05-06 $18.95 802,100
2026-05-05 $18.94 490,800
2026-05-04 $18.95 516,200
About Veris Residential, Inc.

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 operations; and an inclusive culture based on meritocratic empowerment. Veris Residential, Inc.is based in Jersey City, United States.

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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $112,304,000 $111,091,000 $107,423,000 $98,805,000
Cost Of Revenue $112,286,000 $111,061,000 $107,344,000 $98,762,000
Total Revenue $288,434,000 $271,074,000 $260,295,000 $213,355,000
Operating Revenue $282,854,000 $264,491,000 $254,483,000 $205,319,000
Expenses
Interest Expense $88,579,000 $87,976,000 $139,137,000 $66,381,000
Total Expenses $235,302,000 $232,894,000 $238,022,000 $232,584,000
Other Income Expense $110,134,000 $16,733,000 $-9,516,000 $45,497,000
Other Non Operating Income Expenses $148,000 $-701,000 $2,871,000 -
Net Non Operating Interest Income Expense $-88,209,000 $-85,610,000 $-133,622,000 $-65,652,000
Interest Expense Non Operating $88,579,000 $87,976,000 $139,137,000 $66,381,000
Operating Expense $123,016,000 $121,833,000 $130,678,000 $133,822,000
General And Administrative Expense $36,753,000 $39,059,000 $44,443,000 $55,919,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $71,124,000 $-27,429,000 $-116,261,000 $-56,565,000
Net Interest Income $-88,209,000 $-85,610,000 $-133,622,000 $-65,652,000
Interest Income $370,000 $2,366,000 $5,515,000 $729,000
Normalized Income $-33,282,680 $-38,094,000 $-104,024,690 $-100,862,000
Net Income From Continuing And Discontinued Operation $75,239,000 $-23,120,000 $-107,265,000 $-52,066,000
Net Income Common Stockholders $75,239,000 $-23,120,000 $-107,265,000 $-52,066,000
Net Income $75,239,000 $-23,120,000 $-107,265,000 $-52,066,000
Net Income Including Noncontrolling Interests $78,941,000 $-26,664,000 $-112,361,000 $-34,885,000
Net Income Discontinuous Operations $4,115,000 $4,309,000 $8,996,000 $4,499,000
Net Income Continuous Operations $74,826,000 $-30,973,000 $-121,357,000 $-39,384,000
Pretax Income $75,057,000 $-30,697,000 $-120,865,000 $-39,384,000
Special Income Charges $70,689,000 $1,985,000 $-22,557,000 $-12,965,000
Earnings From Equity Interest $5,257,000 $3,934,000 $3,102,000 $1,200,000
Interest Income Non Operating $370,000 $2,366,000 $5,515,000 $729,000
Operating Income $53,132,000 $38,180,000 $22,273,000 $-19,229,000
Depreciation Amortization Depletion Income Statement $86,263,000 $82,774,000 $86,235,000 $77,903,000
Depreciation And Amortization In Income Statement $86,263,000 $82,774,000 $86,235,000 $77,903,000
Gross Profit $176,148,000 $160,013,000 $152,951,000 $114,593,000
Per Share
Diluted EPS $0.80 $-0.25 $-1.22 $-0.63
Basic EPS $0.81 $-0.25 $-1.22 $-0.63
Other
Tax Effect Of Unusual Items $322,320 $2,835,000 $-3,252,690 $0
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $145,170,000 $126,553,000 $119,996,000 $60,603,000
Total Unusual Items $104,729,000 $13,500,000 $-15,489,000 $44,297,000
Total Unusual Items Excluding Goodwill $104,729,000 $13,500,000 $-15,489,000 $44,297,000
Reconciled Depreciation $86,245,000 $82,744,000 $86,156,000 $77,860,000
EBITDA (Bullshit earnings) $249,899,000 $140,053,000 $104,507,000 $104,900,000
EBIT $163,636,000 $57,279,000 $18,272,000 $26,997,000
Diluted Average Shares $102,363,000 $101,381,000 $100,812,000 $100,265,000
Basic Average Shares $93,355,000 $92,695,000 $91,883,000 $91,046,000
Diluted NI Availto Com Stockholders $75,239,000 $-23,120,000 $-107,265,000 $-52,066,000
Minority Interests $-3,702,000 $3,544,000 $5,096,000 $-17,181,000
Tax Provision $231,000 $276,000 $492,000 $0
Gain On Sale Of Ppe $90,831,000 $0 - -
Gain On Sale Of Business $5,122,000 $6,946,000 $0 $0
Other Special Charges $3,530,000 $777,000 $5,606,000 $129,000
Impairment Of Capital Assets $17,984,000 $2,619,000 $9,324,000 $9,368,000
Restructuring And Mergern Acquisition $3,750,000 $1,565,000 $7,627,000 $3,468,000
Gain On Sale Of Security $34,040,000 $11,515,000 $7,068,000 $57,262,000
Selling General And Administration $36,753,000 $39,059,000 $44,443,000 $55,919,000
Other Gand A $36,753,000 $39,059,000 $44,443,000 $55,919,000
Fetched: 2026-05-27
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $1,142,622,000 $1,089,872,000 $1,127,444,000 $1,223,387,000
Total Assets $2,706,871,000 $2,982,727,000 $3,241,046,000 $3,920,768,000
Total Non Current Assets $2,672,957,000 $2,947,498,000 $3,119,617,000 $3,635,223,000
Other Non Current Assets $21,461,000 $27,309,000 $33,729,000 $43,795,000
Non Current Deferred Assets $6,049,000 $6,503,000 $4,032,000 $35,864,000
Goodwill And Other Intangible Assets $8,999,000 $9,519,000 $10,034,000 $12,298,000
Other Intangible Assets $8,999,000 $9,519,000 $10,034,000 $12,298,000
Current Assets $33,914,000 $35,229,000 $121,429,000 $285,545,000
Restricted Cash $15,232,000 $17,059,000 $26,572,000 $20,867,000
Inventory $0 $7,291,000 $58,608,000 $193,933,000
Receivables $4,554,000 $3,628,000 $8,242,000 $43,963,000
Other Receivables $3,643,000 $2,253,000 $5,500,000 $39,734,000
Accounts Receivable $911,000 $1,375,000 $2,742,000 $2,920,000
Cash Cash Equivalents And Short Term Investments $14,128,000 $7,251,000 $28,007,000 $26,782,000
Cash And Cash Equivalents $14,128,000 $7,251,000 $28,007,000 $26,782,000
Notes Receivable - - $32,000 $1,309,000
Assets Held For Sale Current - - - -
Prepaid Assets - - - -
Debt
Net Debt $1,348,030,000 $1,665,062,000 $1,825,890,000 $1,877,195,000
Total Debt $1,362,158,000 $1,672,313,000 $1,853,897,000 $1,903,977,000
Long Term Debt And Capital Lease Obligation $1,332,158,000 $1,323,474,000 $1,853,897,000 $1,903,977,000
Long Term Debt $1,332,158,000 $1,323,474,000 $1,853,897,000 $1,903,977,000
Current Debt And Capital Lease Obligation $30,000,000 $348,839,000 - -
Current Debt $30,000,000 $348,839,000 - -
Liabilities
Total Liabilities Net Minority Interest $1,431,915,000 $1,740,364,000 $1,936,494,000 $2,006,200,000
Total Non Current Liabilities Net Minority Interest $1,332,158,000 $1,323,474,000 $1,853,897,000 $1,903,977,000
Current Liabilities $99,757,000 $416,890,000 $82,597,000 $102,223,000
Current Deferred Liabilities $11,419,000 $11,512,000 $14,985,000 $22,941,000
Payables And Accrued Expenses $58,338,000 $56,539,000 $67,612,000 $79,282,000
Interest Payable $5,031,000 $5,262,000 $6,580,000 $7,131,000
Payables $53,307,000 $51,277,000 $61,032,000 $72,151,000
Dividends Payable $8,697,000 $8,533,000 $5,540,000 $110,000
Accounts Payable $44,610,000 $42,744,000 $55,492,000 $72,041,000
Equity
Common Stock Equity $1,151,621,000 $1,099,391,000 $1,137,478,000 $1,235,685,000
Total Equity Gross Minority Interest $1,274,956,000 $1,242,363,000 $1,304,552,000 $1,914,568,000
Stockholders Equity $1,151,621,000 $1,099,391,000 $1,137,478,000 $1,235,685,000
Gains Losses Not Affecting Retained Earnings $-687,000 $154,000 $1,808,000 $3,977,000
Other Equity Adjustments $-687,000 $154,000 $1,808,000 $3,977,000
Retained Earnings $-1,421,369,000 $-1,466,187,000 $-1,418,312,000 $-1,301,385,000
Long Term Equity Investment $52,188,000 $111,301,000 $117,954,000 $126,158,000
Other
Ordinary Shares Number $93,432,649 $92,912,253 $92,229,424 $91,141,649
Share Issued $93,432,649 $92,912,253 $92,229,424 $91,141,649
Tangible Book Value $1,142,622,000 $1,089,872,000 $1,127,444,000 $1,223,387,000
Invested Capital $2,513,779,000 $2,771,704,000 $2,991,375,000 $3,139,662,000
Working Capital $-65,843,000 $-381,661,000 $38,832,000 $183,322,000
Total Capitalization $2,483,779,000 $2,422,865,000 $2,991,375,000 $3,139,662,000
Minority Interest $123,335,000 $142,972,000 $167,074,000 $678,883,000
Additional Paid In Capital $2,572,743,000 $2,564,495,000 $2,553,060,000 $2,532,182,000
Capital Stock $934,000 $929,000 $922,000 $911,000
Common Stock $934,000 $929,000 $922,000 $911,000
Current Deferred Revenue $11,419,000 $11,512,000 $14,985,000 $22,941,000
Line Of Credit $30,000,000 $348,839,000 $0 $0
Current Accrued Expenses $5,031,000 $5,262,000 $6,580,000 $7,131,000
Investments And Advances $52,188,000 $111,301,000 $117,954,000 $126,158,000
Investmentsin Joint Venturesat Cost $52,188,000 $111,301,000 $117,954,000 $126,158,000
Investment Properties $2,580,181,000 $2,787,721,000 $2,947,707,000 $3,414,212,000
Net PPE $4,079,000 $5,145,000 $6,161,000 $2,896,000
Gross PPE $4,079,000 $5,145,000 $6,161,000 $2,896,000
Other Properties $4,079,000 $5,145,000 $6,161,000 $2,896,000
Finished Goods $0 $7,291,000 $58,608,000 $193,933,000
Goodwill - - - -
Fetched: 2026-05-27
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $75,967,000 $52,328,000 $45,540,000 $66,454,000
Operating Activities
Operating Cash Flow $75,967,000 $52,328,000 $45,540,000 $66,454,000
Cash From Discontinued Operating Activities $4,602,000 $-1,965,000 $3,055,000 $52,778,000
Cash Flow From Continuing Operating Activities $71,365,000 $54,293,000 $42,485,000 $13,676,000
Operating Gains Losses $-131,720,000 $-21,618,000 $-4,564,000 $-58,333,000
Investing Activities
Investing Cash Flow $445,432,000 $162,051,000 $579,650,000 $220,088,000
Cash From Discontinued Investing Activities $0 $79,081,000 $559,959,000 $244,113,000
Cash Flow From Continuing Investing Activities $445,432,000 $82,970,000 $19,691,000 $-24,025,000
Net Other Investing Changes - $282,000 $6,145,000 $2,926,000
Financing Activities
Repurchase Of Capital Stock $-456,000 $0 $-682,000 $-2,692,000
Issuance Of Capital Stock $0 $1,765,000 - $0
Financing Cash Flow $-516,349,000 $-244,648,000 $-618,260,000 $-290,348,000
Cash Flow From Continuing Financing Activities $-516,349,000 $-244,648,000 $-618,260,000 $-290,348,000
Net Other Financing Charges $-25,682,000 $-39,344,000 $-569,950,000 $-48,793,000
Cash Dividends Paid $-33,005,000 $-24,052,000 $-5,123,000 $-61,000
Common Stock Dividend Paid $-33,005,000 $-24,052,000 $-5,123,000 $-61,000
Net Common Stock Issuance $-456,000 $1,765,000 $-682,000 $-2,692,000
Common Stock Issuance $0 $1,765,000 - $0
Dividends Received Cfi $10,356,000 $12,419,000 $12,068,000 $13,132,000
Dividend Received Cfo - $0 $0 $13,000
Other
Repayment Of Debt $-705,206,000 $-557,017,000 $-638,066,000 $-495,522,000
Issuance Of Debt $248,000,000 $374,000,000 $595,561,000 $256,720,000
End Cash Position $29,360,000 $24,310,000 $54,579,000 $47,649,000
Beginning Cash Position $24,310,000 $54,579,000 $47,649,000 $51,455,000
Changes In Cash $5,050,000 $-30,269,000 $6,930,000 $-3,806,000
Common Stock Payments $-456,000 $0 $-682,000 $-2,692,000
Net Issuance Payments Of Debt $-457,206,000 $-183,017,000 $-42,505,000 $-238,802,000
Net Long Term Debt Issuance $-457,206,000 $-183,017,000 $-42,505,000 $-238,802,000
Long Term Debt Payments $-705,206,000 $-557,017,000 $-638,066,000 $-495,522,000
Long Term Debt Issuance $248,000,000 $374,000,000 $595,561,000 $256,720,000
Net Investment Properties Purchase And Sale $464,416,000 $64,450,000 $2,240,000 $-39,921,000
Sale Of Investment Properties $503,182,000 $88,962,000 $23,035,000 $153,015,000
Purchase Of Investment Properties $-38,766,000 $-24,512,000 $-20,795,000 $-192,936,000
Net Business Purchase And Sale $-29,340,000 $5,819,000 $-762,000 $-162,000
Sale Of Business $7,129,000 $6,095,000 $0 $0
Purchase Of Business $-36,469,000 $-276,000 $-762,000 $-162,000
Change In Working Capital $2,486,000 $-2,631,000 $1,329,000 $5,551,000
Change In Other Working Capital $1,578,000 $4,704,000 $3,708,000 $-1,564,000
Change In Payables And Accrued Expense $1,578,000 $-6,805,000 $-4,072,000 $4,073,000
Change In Accrued Expense $-231,000 $-1,318,000 $42,000 $2,152,000
Change In Interest Payable $-231,000 $-1,318,000 $42,000 $2,152,000
Change In Payable $1,809,000 $-5,487,000 $-4,114,000 $1,921,000
Change In Account Payable $1,809,000 $-5,487,000 $-4,114,000 $1,921,000
Change In Receivables $-670,000 $-530,000 $1,693,000 $3,042,000
Changes In Account Receivables $326,000 $165,000 $-62,000 $-36,000
Other Non Cash Items $5,271,000 $6,278,000 $42,331,000 $-105,000
Stock Based Compensation $12,158,000 $13,565,000 $20,270,000 $14,207,000
Asset Impairment Charge $17,984,000 $2,619,000 $9,324,000 $9,368,000
Depreciation Amortization Depletion $86,245,000 $82,744,000 $86,156,000 $77,860,000
Depreciation And Amortization $86,245,000 $82,744,000 $86,156,000 $77,860,000
Earnings Losses From Equity Investments $-10,379,000 $-10,880,000 $-3,102,000 $-1,200,000
Gain Loss On Investment Securities $-124,871,000 $-11,515,000 $-7,068,000 $-57,262,000
Net Income From Continuing Operations $78,941,000 $-26,664,000 $-112,361,000 $-34,885,000
Net Short Term Debt Issuance - - $0 $-148,000,000
Short Term Debt Payments - - $-81,000,000 $-250,000,000
Short Term Debt Issuance - - $81,000,000 $102,000,000
Gain Loss On Sale Of Business - - $0 $0
Fetched: 2026-05-27