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VRE Overview

-
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
OverviewStock Price PredictionTechnicalValuationFinancialsEarningsShould I BuyNews & Events
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Intellectia

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High
19.000
Open
18.980
VWAP
18.99
Vol
562.40K
Mkt Cap
1.78B
Low
18.980
Amount
10.68M
EV/EBITDA(TTM)
57.45
Total Shares
93.84M
EV
3.25B
EV/OCF(TTM)
44.96
P/S(TTM)
6.40
Veris Residential, Inc. is a fully integrated, self-administered, and self-managed real estate investment trust (REIT). The Company owns, operates, acquires and develops Class A multifamily properties in the Northeast as well as a portfolio of non-strategic land and commercial assets. Its technology-enabled, vertically integrated operating platform delivers a contemporary living experience aligned with residents' preferences. The Company operates as a single business segment, focusing on the ownership, operation and development of its multifamily real estate portfolio located in the United States. The Company owns and has interests in multifamily rental properties as well as non-strategic assets comprised of parking/retail properties, and developable land. It seeks to own a portfolio comprised primarily of Class A multifamily properties with premium amenities and offerings, including facilities such as clubrooms and lounges, among others.
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Events Timeline

(ET)
2026-05-21
17:30:00
Affinius Capital and Vista Hill Partners Acquire Veris Residential
select
2026-02-23 (ET)
2026-02-23
09:10:00
U.S. Futures Decline as Markets Worry Over Trade Policy
select
2026-02-23
07:30:00
Company Reports Q4 Revenue of $69.82M
select
2026-02-23
07:30:00
Veris Residential Acquired by Affinius Capital at $19.00 per Share
select
2026-02-23
07:30:00
Veris Residential to be Acquired by Affinius Capital-led Consortium for $3.4B
select
2026-02-05 (ET)
2026-02-05
16:00:00
Erez Asset Management Urges Veris Residential to Begin Strategic Review
select

News

PRnewswire
2.0
05-21PRnewswire
S&P SmallCap 600 Index Changes Announced
  • New Additions: On May 27, 2026, Universal Technical Institute (UTI) will be added to the S&P SmallCap 600 Index, indicating recognition in the consumer discretionary sector, which is expected to enhance its market visibility and investor confidence.
  • Company Deletion: On the same date, Veris Residential (VRE) will be removed from the S&P SmallCap 600 Index, reflecting its underperformance in the real estate sector, which may negatively impact its stock price.
  • New Additions: Peloton Interactive (PTON) will also be included in the S&P SmallCap 600 Index on May 27, signaling its recovery potential in the consumer discretionary space, likely attracting more investor interest in its future growth.
  • Company Deletion: Enviri Corporation (NVRI) will be removed on the same date, indicating insufficient competitiveness in the industrial sector, which may lead to decreased liquidity and weakened investor confidence.
Newsfilter
8.5
05-21Newsfilter
Changes to S&P SmallCap 600 Index Components Announced
  • Component Replacement: The S&P SmallCap 600 Index will see Universal Technical Institute (UTI) replace Veris Residential (VRE) effective May 27, 2026, aimed at enhancing the index's representativeness and liquidity.
  • Acquisition Dynamics: Veris Residential is being acquired by Affinius Capital and Vista Hill Partners, with the deal expected to close soon, which may impact investor confidence in the related market.
  • New Public Company: Peloton Interactive (PTON) will replace Enviri Corporation (NVRI), which plans to spin off certain operations and assets into a new publicly traded company later this month, potentially leading to a reassessment of small-cap market dynamics.
  • Industry Impact: This component adjustment reflects S&P Dow Jones Indices' ongoing efforts to optimize the representativeness of the small-cap market, which may attract more investor interest in small-cap investment opportunities.
PRnewswire
7.0
05-14PRnewswire
Investor Rights Law Firm Investigates Multiple Companies
  • Investigation Background: Halper Sadeh LLC is investigating companies such as XOMA Royalty Corporation, Organon & Co., and Veris Residential, Inc. for potential violations of federal securities laws and breaches of fiduciary duties to shareholders, with transaction prices at $39.00, $14.00, and $19.00 per share respectively, indicating potential threats to shareholder rights.
  • Shareholder Rights Protection: The law firm encourages shareholders to contact them to discuss their rights and options, promising to provide legal services on a contingency fee basis, aiming to secure higher transaction prices and additional disclosures for affected investors, thereby enhancing legal protections for shareholders.
  • Potential Impact: The investigation may lead to a reassessment of transaction terms, particularly those that could limit superior competing offers, and if successful, could yield greater financial benefits for shareholders, reflecting a commitment to corporate governance and transparency.
  • Legal Service Commitment: Halper Sadeh LLC states it will represent investors globally in seeking legal remedies, having previously recovered millions for victims of securities fraud, showcasing its expertise and influence in addressing corporate misconduct.
Globenewswire
8.5
05-14Globenewswire
Investigations into Multiple Company Acquisitions
  • Veris Acquisition Investigation: Veris Residential, Inc. is set to be acquired by Affinius Capital for $19.00 per share, representing an enterprise value of $3.4 billion, with investigations focusing on whether the board failed to conduct a fair process, potentially impacting shareholder rights.
  • XOMA Transaction Scrutiny: XOMA Royalty Corporation will be acquired by Ligand Pharmaceuticals for $39.00 per share, totaling approximately $739 million, with investigations questioning whether the board ensured fair value for shareholders, especially as the offer is below the 52-week high of $42.38.
  • Organon Acquisition Concerns: Organon & Co. is to be acquired by Sun Pharmaceutical for $14.00 per share, with an enterprise valuation of $11.75 billion, and investigations are looking into whether the board failed to conduct a fair process, which could harm shareholder interests.
  • RE/MAX Transaction Investigation: RE/MAX Holdings, Inc. will be acquired by The Real Brokerage, allowing shareholders to choose between 5.152 shares of the new company or $13.80 in cash per share, with investigations questioning whether the board ensured the fairness of the transaction, potentially affecting shareholder rights.
Globenewswire
8.0
05-08Globenewswire
Vanguard Investments Announces May 2026 Cash Distributions
  • Cash Distribution Announcement: Vanguard Investments Canada Inc. has announced cash distributions for May 2026, with unitholders of record on May 15, 2026, set to receive payments on May 25, indicating the company's ongoing cash flow and investment return capabilities.
  • Distribution Amount Details: The Vanguard FTSE Canadian Capped REIT Index ETF will distribute $0.0739 per unit, while the Vanguard FTSE Canadian High Dividend Yield Index ETF will distribute $0.2090 per unit, reflecting the company's competitiveness in the high-yield investment sector.
  • Asset Management Scale: As of February 28, 2026, Vanguard manages assets totaling CAD $145 billion, showcasing its strong influence and client base in the Canadian market, further solidifying its market leadership position.
  • Global Asset Management: Vanguard manages a total of USD $12.3 trillion (approximately CAD $16.7 trillion) in global assets, including over USD $4.3 trillion in global ETF assets, underscoring its significant position and influence in the global investment management industry.
NASDAQ.COM
2.0
04-22NASDAQ.COM
Veris Residential VRE Q3 2024 Earnings Transcript
Wall Street analysts forecast VRE stock price to rise
3 Analyst Rating
Wall Street analysts forecast VRE stock price to rise
1 Buy
2 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
15.00
Averages
17.00
High
18.00
Current: 0.000
sliders
Low
15.00
Averages
17.00
High
18.00
Citi
Nick Joseph
Neutral
maintain
$16 -> $19
AI Analysis
2026-04-01
Reason
Citi
Nick Joseph
Price Target
$16 -> $19
AI Analysis
2026-04-01
maintain
Neutral
Reason
Citi analyst Nick Joseph raised the firm's price target on Veris Residential to $19 from $16 and keeps a Neutral rating on the shares.
Citi
Neutral
maintain
$16 -> $19
2026-03-31
Reason
Citi
Price Target
$16 -> $19
2026-03-31
maintain
Neutral
Reason
Citi raised the firm's price target on Veris Residential to $19 from $16 and keeps a Neutral rating on the shares. The firm is updating its model for updated operating assumptions and increasing its price target to reflect the pending takeout price after Veris announced last month that it agreed to be acquired by an investor consortium for $19 per share.
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Valuation Metrics

The current forward P/E ratio for Veris Residential Inc (VRE.N) is 16.92, compared to its 5-year average forward P/E of -30.79. For a more detailed relative valuation and DCF analysis to assess Veris Residential Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-30.79
Current PE
16.92
Overvalued PE
-11.83
Undervalued PE
-49.74

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
27.51
Current EV/EBITDA
23.27
Overvalued EV/EBITDA
34.33
Undervalued EV/EBITDA
20.69

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
5.15
Current PS
6.73
Overvalued PS
5.81
Undervalued PS
4.49

Financials

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Whales Holding VRE

B
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VRE
+12.67%
3M Return
S
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+5.32%
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Frequently Asked Questions

What is Veris Residential Inc (VRE) stock price today?

The current price of VRE is 18.99 USD — it has decreased -0.05

What is Veris Residential Inc (VRE)'s business?

Veris Residential, Inc. is a fully integrated, self-administered, and self-managed real estate investment trust (REIT). The Company owns, operates, acquires and develops Class A multifamily properties in the Northeast as well as a portfolio of non-strategic land and commercial assets. Its technology-enabled, vertically integrated operating platform delivers a contemporary living experience aligned with residents' preferences. The Company operates as a single business segment, focusing on the ownership, operation and development of its multifamily real estate portfolio located in the United States. The Company owns and has interests in multifamily rental properties as well as non-strategic assets comprised of parking/retail properties, and developable land. It seeks to own a portfolio comprised primarily of Class A multifamily properties with premium amenities and offerings, including facilities such as clubrooms and lounges, among others.

What is the price predicton of VRE Stock?

Wall Street analysts forecast VRE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VRE is17.00 USD with a low forecast of 15.00 USD and a high forecast of 18.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Veris Residential Inc (VRE)'s revenue for the last quarter?

Veris Residential Inc revenue for the last quarter amounts to 70.10M USD, increased 3.46

What is Veris Residential Inc (VRE)'s earnings per share (EPS) for the last quarter?

Veris Residential Inc. EPS for the last quarter amounts to -0.15 USD, increased 36.36

How many employees does Veris Residential Inc (VRE). have?

Veris Residential Inc (VRE) has 181 emplpoyees as of May 22 2026.

What is Veris Residential Inc (VRE) market cap?

Today VRE has the market capitalization of 1.78B USD.