Symbols / VRE Stock $18.93 +0.05% Veris Residential, Inc.

Real Estate • REIT - Residential • United States • NYQ
VRE (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Real Estate
Industry REIT - Residential
CEO Mr. Mahbod Nia A.C.A.
Exch · Country NYQ · United States
Market Cap 1.78B
Enterprise Value 3.25B
Income 68.29M
Sales 292.16M
FCF (ttm) 109.34M
Book/sh 12.34
Cash/sh 0.10
Employees 181
Insider 10d —
IPO Aug 25, 1994
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 43.84%
P/E 25.93
Forward P/E -67.61
PEG 8.59
P/S 6.08
P/B 1.53
P/C —
EV/EBITDA 22.54
EV/Sales 11.13
Quick Ratio 0.04
Current Ratio 0.12
Debt/Eq 109.45
LT Debt/Eq —
EPS (ttm) 0.73
EPS next Y -0.28
EPS Growth —
Revenue Growth -1.60%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-07-22
Earnings (prior) 2026-04-22
ROA 1.29%
ROE 5.92%
ROIC —
Gross Margin 62.12%
Oper. Margin 18.55%
Profit Margin 24.62%
Shs Outstand 93.84M
Shs Float 81.42M
Insider Own 12.74%
Instit Own 99.69%
Short Float 1.72%
Short Ratio 0.90
Short Interest 1.27M
52W High 19.03
vs 52W High -0.53%
52W Low 13.69
vs 52W Low 38.28%
Beta 1.16
Impl. Vol. —
Rel Volume 0.21
Avg Volume 1.75M
Volume 359.38K
Target (mean) $19.75
Tgt Median $19.00
Tgt Low $19.00
Tgt High $22.00
# Analysts 4
Recom Buy
Prev Close $18.92
Price $18.93
Change 0.05%
About

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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$19.75
Mean price target
2. Current target
$18.93
Latest analyst target
3. DCF / Fair value
$20.97
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$18.93
Low
$19.00
High
$22.00
Mean
$19.75

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-01 main Citigroup Neutral → Neutral $19
2026-03-24 main Truist Securities Hold → Hold $19
2025-07-25 main Evercore ISI Group In-Line → In-Line $18
2025-07-23 main BTIG Buy → Buy $22
2025-05-05 main Truist Securities Hold → Hold $16
2025-03-10 main Truist Securities Hold → Hold $17
2025-02-26 down Evercore ISI Group Outperform → In-Line $18
2024-12-17 up JP Morgan Underweight → Neutral $17
2024-11-12 up B of A Securities Neutral → Buy $23
2024-09-16 main JP Morgan Underweight → Underweight $14
2024-08-28 main Evercore ISI Group Outperform → Outperform $19
2024-06-24 main Truist Securities Hold → Hold $14
2024-06-20 main Evercore ISI Group Outperform → Outperform $16
2024-06-17 main JP Morgan Underweight → Underweight $13
2024-04-09 main Truist Securities Hold → Hold $14
2023-08-15 main Truist Securities Hold → Hold $16
2023-07-27 up Evercore ISI Group In-Line → Outperform $19
2023-06-09 main Truist Securities Hold → Hold $15
2023-05-16 up Deutsche Bank Hold → Buy $19
2023-03-22 main Truist Securities — → Hold $13
News
RSS: Latest VRE news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-16 NIA MAHBOD Chief Executive Officer — 153,041 — —
2026-03-16 FIELDER TARYN D General Counsel — 28,693 — —
2026-03-16 LOMBARD AMANDA Chief Financial Officer — 24,868 — —
2026-03-16 MALHARI ANNA Chief Operating Officer — 22,956 — —
2025-07-23 PAPA CHRISTOPHER J Director — 7,942 $0.00 $0
2025-06-11 STERN HOWARD STEVEN Director — 8,541 $0.00 $0
2025-06-11 CUMENAL FREDERIC Director — 8,541 $0.00 $0
2025-06-11 DICKERMAN RONALD M Director — 8,541 $0.00 $0
2025-06-11 MACFARLANE VICTOR BOLDT Director — 8,541 $0.00 $0
2025-06-11 JONES TAMMY K. Director — 8,541 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
288.43
+6.40%
271.07
+4.14%
260.30
+22.00%
213.35
Operating Revenue
282.85
+6.94%
264.49
+3.93%
254.48
+23.95%
205.32
Cost Of Revenue
112.29
+1.10%
111.06
+3.46%
107.34
+8.69%
98.76
Reconciled Cost Of Revenue
112.30
+1.09%
111.09
+3.41%
107.42
+8.72%
98.81
Gross Profit
176.15
+10.08%
160.01
+4.62%
152.95
+33.47%
114.59
Operating Expense
123.02
+0.97%
121.83
-6.77%
130.68
-2.35%
133.82
Selling General And Administration
36.75
-5.90%
39.06
-12.11%
44.44
-20.52%
55.92
General And Administrative Expense
36.75
-5.90%
39.06
-12.11%
44.44
-20.52%
55.92
Other Gand A
36.75
-5.90%
39.06
-12.11%
44.44
-20.52%
55.92
Total Expenses
235.30
+1.03%
232.89
-2.15%
238.02
+2.34%
232.58
Operating Income
53.13
+39.16%
38.18
+71.42%
22.27
+215.83%
-19.23
EBITDA
249.90
+78.43%
140.05
+34.01%
104.51
-0.37%
104.90
Normalized EBITDA
145.17
+14.71%
126.55
+5.46%
120.00
+98.00%
60.60
Reconciled Depreciation
86.25
+4.23%
82.74
-3.96%
86.16
+10.66%
77.86
EBIT
163.64
+185.68%
57.28
+213.48%
18.27
-32.32%
27.00
Total Unusual Items
104.73
+675.77%
13.50
+187.16%
-15.49
-134.97%
44.30
Total Unusual Items Excluding Goodwill
104.73
+675.77%
13.50
+187.16%
-15.49
-134.97%
44.30
Special Income Charges
70.69
+3461.16%
1.99
+108.80%
-22.56
-73.98%
-12.96
Other Special Charges
3.53
+354.31%
0.78
-86.14%
5.61
+4245.74%
0.13
Impairment Of Capital Assets
17.98
+586.67%
2.62
-71.91%
9.32
-0.47%
9.37
Restructuring And Mergern Acquisition
3.75
+139.62%
1.56
-79.48%
7.63
+119.93%
3.47
Net Income
75.24
+425.43%
-23.12
+78.45%
-107.27
-106.02%
-52.07
Pretax Income
75.06
+344.51%
-30.70
+74.60%
-120.86
-206.89%
-39.38
Net Non Operating Interest Income Expense
-88.21
-3.04%
-85.61
+35.93%
-133.62
-103.53%
-65.65
Interest Expense Non Operating
88.58
+0.69%
87.98
-36.77%
139.14
+109.60%
66.38
Net Interest Income
-88.21
-3.04%
-85.61
+35.93%
-133.62
-103.53%
-65.65
Interest Expense
88.58
+0.69%
87.98
-36.77%
139.14
+109.60%
66.38
Interest Income Non Operating
0.37
-84.36%
2.37
-57.10%
5.51
+656.52%
0.73
Interest Income
0.37
-84.36%
2.37
-57.10%
5.51
+656.52%
0.73
Other Income Expense
110.13
+558.18%
16.73
+275.84%
-9.52
-120.92%
45.50
Other Non Operating Income Expenses
0.15
+121.11%
-0.70
-124.42%
2.87
—
Gain On Sale Of Security
34.04
+195.61%
11.52
+62.92%
7.07
-87.66%
57.26
Gain On Sale Of Business
5.12
-26.26%
6.95
0.00
0.00
Tax Provision
0.23
-16.30%
0.28
-43.90%
0.49
0.00
Tax Rate For Calcs
0.00
-98.53%
0.00
+0.00%
0.00
0.00
Tax Effect Of Unusual Items
0.32
-88.63%
2.83
+187.16%
-3.25
0.00
Net Income Including Noncontrolling Interests
78.94
+396.06%
-26.66
+76.27%
-112.36
-222.09%
-34.88
Net Income From Continuing Operation Net Minority Interest
71.12
+359.30%
-27.43
+76.41%
-116.26
-105.54%
-56.56
Net Income From Continuing And Discontinued Operation
75.24
+425.43%
-23.12
+78.45%
-107.27
-106.02%
-52.07
Net Income Continuous Operations
74.83
+341.58%
-30.97
+74.48%
-121.36
-208.14%
-39.38
Net Income Discontinuous Operations
4.12
-4.50%
4.31
-52.10%
9.00
+99.96%
4.50
Minority Interests
-3.70
-204.46%
3.54
-30.46%
5.10
+129.66%
-17.18
Normalized Income
-33.28
+12.63%
-38.09
+63.38%
-104.02
-3.14%
-100.86
Net Income Common Stockholders
75.24
+425.43%
-23.12
+78.45%
-107.27
-106.02%
-52.07
Diluted EPS
—
-0.25
+79.51%
-1.22
-93.65%
-0.63
Basic EPS
—
-0.25
+79.51%
-1.22
-93.65%
-0.63
Basic Average Shares
—
92.69
+0.88%
91.88
+0.92%
91.05
Diluted Average Shares
—
101.38
+0.56%
100.81
+0.55%
100.27
Diluted NI Availto Com Stockholders
75.24
+425.43%
-23.12
+78.45%
-107.27
-106.02%
-52.07
Depreciation Amortization Depletion Income Statement
86.26
+4.22%
82.77
-4.01%
86.23
+10.70%
77.90
Depreciation And Amortization In Income Statement
86.26
+4.22%
82.77
-4.01%
86.23
+10.70%
77.90
Earnings From Equity Interest
5.26
+33.63%
3.93
+26.82%
3.10
+158.50%
1.20
Gain On Sale Of PPE
90.83
0.00
—
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
2,706.87
-9.25%
2,982.73
-7.97%
3,241.05
-17.34%
3,920.77
Current Assets
33.91
-3.73%
35.23
-70.99%
121.43
-57.47%
285.55
Cash Cash Equivalents And Short Term Investments
14.13
+94.84%
7.25
-74.11%
28.01
+4.57%
26.78
Cash And Cash Equivalents
14.13
+94.84%
7.25
-74.11%
28.01
+4.57%
26.78
Receivables
4.55
+25.52%
3.63
-55.98%
8.24
-81.25%
43.96
Accounts Receivable
0.91
-33.75%
1.38
-49.85%
2.74
-6.10%
2.92
Other Receivables
3.64
+61.70%
2.25
-59.04%
5.50
-86.16%
39.73
Inventory
0.00
-100.00%
7.29
-87.56%
58.61
-69.78%
193.93
Finished Goods
0.00
-100.00%
7.29
-87.56%
58.61
-69.78%
193.93
Prepaid Assets
—
—
—
—
Restricted Cash
15.23
-10.71%
17.06
-35.80%
26.57
+27.34%
20.87
Assets Held For Sale Current
—
—
—
—
Total Non Current Assets
2,672.96
-9.31%
2,947.50
-5.52%
3,119.62
-14.18%
3,635.22
Net PPE
4.08
-20.72%
5.14
-16.49%
6.16
+112.74%
2.90
Gross PPE
4.08
-20.72%
5.14
-16.49%
6.16
+112.74%
2.90
Other Properties
4.08
-20.72%
5.14
-16.49%
6.16
+112.74%
2.90
Goodwill And Other Intangible Assets
9.00
-5.46%
9.52
-5.13%
10.03
-18.41%
12.30
Goodwill
—
—
—
—
Other Intangible Assets
9.00
-5.46%
9.52
-5.13%
10.03
-18.41%
12.30
Investments And Advances
52.19
-53.11%
111.30
-5.64%
117.95
-6.50%
126.16
Long Term Equity Investment
52.19
-53.11%
111.30
-5.64%
117.95
-6.50%
126.16
Non Current Deferred Assets
6.05
-6.98%
6.50
+61.28%
4.03
-88.76%
35.86
Other Non Current Assets
21.46
-21.41%
27.31
-19.03%
33.73
-22.98%
43.80
Total Liabilities Net Minority Interest
1,431.91
-17.72%
1,740.36
-10.13%
1,936.49
-3.47%
2,006.20
Current Liabilities
99.76
-76.07%
416.89
+404.73%
82.60
-19.20%
102.22
Payables And Accrued Expenses
58.34
+3.18%
56.54
-16.38%
67.61
-14.72%
79.28
Payables
53.31
+3.96%
51.28
-15.98%
61.03
-15.41%
72.15
Accounts Payable
44.61
+4.37%
42.74
-22.97%
55.49
-22.97%
72.04
Dividends Payable
8.70
+1.92%
8.53
+54.03%
5.54
+4936.36%
0.11
Current Accrued Expenses
5.03
-4.39%
5.26
-20.03%
6.58
-7.73%
7.13
Current Debt And Capital Lease Obligation
30.00
-91.40%
348.84
—
—
Current Debt
30.00
-91.40%
348.84
—
—
Current Deferred Liabilities
11.42
-0.81%
11.51
-23.18%
14.98
-34.68%
22.94
Current Deferred Revenue
11.42
-0.81%
11.51
-23.18%
14.98
-34.68%
22.94
Total Non Current Liabilities Net Minority Interest
1,332.16
+0.66%
1,323.47
-28.61%
1,853.90
-2.63%
1,903.98
Long Term Debt And Capital Lease Obligation
1,332.16
+0.66%
1,323.47
-28.61%
1,853.90
-2.63%
1,903.98
Long Term Debt
1,332.16
+0.66%
1,323.47
-28.61%
1,853.90
-2.63%
1,903.98
Stockholders Equity
1,151.62
+4.75%
1,099.39
-3.35%
1,137.48
-7.95%
1,235.68
Common Stock Equity
1,151.62
+4.75%
1,099.39
-3.35%
1,137.48
-7.95%
1,235.68
Capital Stock
0.93
+0.54%
0.93
+0.76%
0.92
+1.21%
0.91
Common Stock
0.93
+0.54%
0.93
+0.76%
0.92
+1.21%
0.91
Share Issued
93.43
+0.56%
92.91
+0.74%
92.23
+1.19%
91.14
Ordinary Shares Number
93.43
+0.56%
92.91
+0.74%
92.23
+1.19%
91.14
Additional Paid In Capital
2,572.74
+0.32%
2,564.49
+0.45%
2,553.06
+0.82%
2,532.18
Retained Earnings
-1,421.37
+3.06%
-1,466.19
-3.38%
-1,418.31
-8.98%
-1,301.38
Gains Losses Not Affecting Retained Earnings
-0.69
-546.10%
0.15
-91.48%
1.81
-54.54%
3.98
Minority Interest
123.33
-13.73%
142.97
-14.43%
167.07
-75.39%
678.88
Other Equity Adjustments
-0.69
-546.10%
0.15
-91.48%
1.81
-54.54%
3.98
Total Equity Gross Minority Interest
1,274.96
+2.62%
1,242.36
-4.77%
1,304.55
-31.86%
1,914.57
Total Capitalization
2,483.78
+2.51%
2,422.86
-19.00%
2,991.38
-4.72%
3,139.66
Working Capital
-65.84
+82.75%
-381.66
-1082.85%
38.83
-78.82%
183.32
Invested Capital
2,513.78
-9.31%
2,771.70
-7.34%
2,991.38
-4.72%
3,139.66
Total Debt
1,362.16
-18.55%
1,672.31
-9.79%
1,853.90
-2.63%
1,903.98
Net Debt
1,348.03
-19.04%
1,665.06
-8.81%
1,825.89
-2.73%
1,877.19
Net Tangible Assets
1,142.62
+4.84%
1,089.87
-3.33%
1,127.44
-7.84%
1,223.39
Tangible Book Value
1,142.62
+4.84%
1,089.87
-3.33%
1,127.44
-7.84%
1,223.39
Interest Payable
5.03
-4.39%
5.26
-20.03%
6.58
-7.73%
7.13
Investment Properties
2,580.18
-7.44%
2,787.72
-5.43%
2,947.71
-13.66%
3,414.21
Investmentsin Joint Venturesat Cost
52.19
-53.11%
111.30
-5.64%
117.95
-6.50%
126.16
Line Of Credit
30.00
-91.40%
348.84
0.00
0.00
Notes Receivable
—
—
0.03
-97.56%
1.31
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
75.97
+45.17%
52.33
+14.91%
45.54
-31.47%
66.45
Cash Flow From Continuing Operating Activities
71.36
+31.44%
54.29
+27.79%
42.48
+210.65%
13.68
Cash From Discontinued Operating Activities
4.60
+334.20%
-1.97
-164.32%
3.06
-94.21%
52.78
Net Income From Continuing Operations
78.94
+396.06%
-26.66
+76.27%
-112.36
-222.09%
-34.88
Depreciation Amortization Depletion
86.25
+4.23%
82.74
-3.96%
86.16
+10.66%
77.86
Depreciation And Amortization
86.25
+4.23%
82.74
-3.96%
86.16
+10.66%
77.86
Other Non Cash Items
5.27
-16.04%
6.28
-85.17%
42.33
+40415.24%
-0.10
Stock Based Compensation
12.16
-10.37%
13.56
-33.08%
20.27
+42.68%
14.21
Asset Impairment Charge
17.98
+586.67%
2.62
-71.91%
9.32
-0.47%
9.37
Operating Gains Losses
-131.72
-509.31%
-21.62
-373.66%
-4.56
+92.18%
-58.33
Gain Loss On Investment Securities
-124.87
-984.42%
-11.52
-62.92%
-7.07
+87.66%
-57.26
Change In Working Capital
2.49
+194.49%
-2.63
-297.97%
1.33
-76.06%
5.55
Change In Receivables
-0.67
-26.42%
-0.53
-131.31%
1.69
-44.35%
3.04
Changes In Account Receivables
0.33
+97.58%
0.17
+366.13%
-0.06
-72.22%
-0.04
Change In Payables And Accrued Expense
1.58
+123.19%
-6.80
-67.12%
-4.07
-199.98%
4.07
Change In Accrued Expense
-0.23
+82.47%
-1.32
-3238.10%
0.04
-98.05%
2.15
Change In Payable
1.81
+132.97%
-5.49
-33.37%
-4.11
-314.16%
1.92
Change In Account Payable
1.81
+132.97%
-5.49
-33.37%
-4.11
-314.16%
1.92
Change In Other Working Capital
1.58
-66.45%
4.70
+26.86%
3.71
+337.08%
-1.56
Investing Cash Flow
445.43
+174.87%
162.05
-72.04%
579.65
+163.37%
220.09
Cash Flow From Continuing Investing Activities
445.43
+436.86%
82.97
+321.36%
19.69
+181.96%
-24.02
Cash From Discontinued Investing Activities
0.00
-100.00%
79.08
-85.88%
559.96
+129.39%
244.11
Net Business Purchase And Sale
-29.34
-604.21%
5.82
+863.65%
-0.76
-370.37%
-0.16
Purchase Of Business
-36.47
-13113.41%
-0.28
+63.78%
-0.76
-370.37%
-0.16
Gain Loss On Sale Of Business
—
—
0.00
0.00
Net Other Investing Changes
—
0.28
-95.41%
6.14
+110.01%
2.93
Financing Cash Flow
-516.35
-111.06%
-244.65
+60.43%
-618.26
-112.94%
-290.35
Cash Flow From Continuing Financing Activities
-516.35
-111.06%
-244.65
+60.43%
-618.26
-112.94%
-290.35
Net Issuance Payments Of Debt
-457.21
-149.82%
-183.02
-330.58%
-42.51
+82.20%
-238.80
Issuance Of Debt
248.00
-33.69%
374.00
-37.20%
595.56
+131.99%
256.72
Repayment Of Debt
-705.21
-26.60%
-557.02
+12.70%
-638.07
-28.77%
-495.52
Long Term Debt Issuance
248.00
-33.69%
374.00
-37.20%
595.56
+131.99%
256.72
Long Term Debt Payments
-705.21
-26.60%
-557.02
+12.70%
-638.07
-28.77%
-495.52
Net Long Term Debt Issuance
-457.21
-149.82%
-183.02
-330.58%
-42.51
+82.20%
-238.80
Short Term Debt Issuance
—
—
81.00
-20.59%
102.00
Short Term Debt Payments
—
—
-81.00
+67.60%
-250.00
Net Short Term Debt Issuance
—
—
0.00
+100.00%
-148.00
Net Common Stock Issuance
-0.46
-125.84%
1.76
+358.80%
-0.68
+74.67%
-2.69
Common Stock Payments
-0.46
0.00
+100.00%
-0.68
+74.67%
-2.69
Common Stock Dividend Paid
-33.01
-37.22%
-24.05
-369.49%
-5.12
-8298.36%
-0.06
Cash Dividends Paid
-33.01
-37.22%
-24.05
-369.49%
-5.12
-8298.36%
-0.06
Repurchase Of Capital Stock
-0.46
0.00
+100.00%
-0.68
+74.67%
-2.69
Net Other Financing Charges
-25.68
+34.72%
-39.34
+93.10%
-569.95
-1068.10%
-48.79
Changes In Cash
5.05
+116.68%
-30.27
-536.78%
6.93
+282.08%
-3.81
Beginning Cash Position
24.31
-55.46%
54.58
+14.54%
47.65
-7.40%
51.45
End Cash Position
29.36
+20.77%
24.31
-55.46%
54.58
+14.54%
47.65
Free Cash Flow
75.97
+45.17%
52.33
+14.91%
45.54
-31.47%
66.45
Change In Interest Payable
-0.23
+82.47%
-1.32
-3238.10%
0.04
-98.05%
2.15
Common Stock Issuance
0.00
-100.00%
1.76
—
0.00
Dividend Received CFO
—
0.00
0.00
-100.00%
0.01
Dividends Received CFI
10.36
-16.61%
12.42
+2.91%
12.07
-8.10%
13.13
Earnings Losses From Equity Investments
-10.38
+4.60%
-10.88
-250.74%
-3.10
-158.50%
-1.20
Issuance Of Capital Stock
0.00
-100.00%
1.76
—
0.00
Net Investment Properties Purchase And Sale
464.42
+620.58%
64.45
+2777.23%
2.24
+105.61%
-39.92
Purchase Of Investment Properties
-38.77
-58.15%
-24.51
-17.87%
-20.80
+89.22%
-192.94
Sale Of Business
7.13
+16.96%
6.09
0.00
0.00
Sale Of Investment Properties
503.18
+465.61%
88.96
+286.20%
23.04
-84.95%
153.01
SEC Filings

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