VRE
Veris Residential, Inc.
Price Chart
Latest Quote
$18.99
| Previous Close | $19.00 |
| Open | $18.99 |
| Day High | $19.00 |
| Day Low | $18.99 |
| Volume | 1,037,302 |
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 |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $3.26B |
| Sales | $292.16M |
| Income | $68.29M |
| Book/sh | $12.34 |
| Cash/sh | $0.10 |
| Employees | 181 |
Financial Ratios
| Quick Ratio | 0.04 |
| Current Ratio | 0.12 |
| Debt/Eq | 109.45 |
Returns & Margins
| ROA | 1.29% |
| ROE | 5.92% |
| Gross Margin | 62.12% |
| Operating Margin | 18.55% |
| Profit Margin | 24.62% |
Ownership
| Insider Ownership | 12.74% |
| Institutional Ownership | 97.04% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | -67.82 |
| PEG | 8.59 |
| P/S | 6.65 |
| P/B | 1.54 |
Analyst Data
| Recommendation | buy |
| Target Price | $19.75 |
Technical Indicators
| SMA20 | $18.97 |
| SMA50 | $18.91 |
| SMA200 | $16.20 |
| RSI | 66.67 |
| ATR | 0.0221 |
| Shares Float | 81.42M |
| Short Float | 1.59% |
| Short Ratio | 0.97 |
| Volatility | 1.07 |
| Rel Volume | 5.03 |
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% |
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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.
đ° Latest News
What Makes Veris (VRE) a New Buy Stock
Zacks âĸ 2026-05-07T16:00:02ZA Look At Veris Residential (VRE) Valuation After Recent Share Price Momentum
Simply Wall St. âĸ 2026-03-18T02:09:02ZVeris Residential, Inc. (VRE): A Bull Case Theory
Insider Monkey âĸ 2026-02-28T15:25:39ZCompany News for Feb 24, 2026
Zacks âĸ 2026-02-24T12:22:00ZSector Update: Financial Stocks Decline Late Afternoon
MT Newswires âĸ 2026-02-23T20:58:53ZSector Update: Financial Stocks Fall Monday Afternoon
MT Newswires âĸ 2026-02-23T18:56:52ZVeris Residential to Be Taken Private in $3.4 Billion Cash Deal
MT Newswires âĸ 2026-02-23T16:28:06ZTop Midday Stories: Novo Obesity Drug Doesn't Meet Primary Endpoint, Stock Falls; Gilead to Acquire Arcellx for $7.8 Billion
MT Newswires âĸ 2026-02-23T16:16:00ZVeris (VRE) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks âĸ 2026-02-23T16:00:04ZVeris Residential (VRE) Q4 FFO and Revenues Top Estimates
Zacks âĸ 2026-02-23T15:35:04ZIncome 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 |
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 | - | - | - | - |
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 |