NYSE:VRE Veris Residential (VRE) Stock Price, News & Analysis $17.06 -0.35 (-2.01%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$16.94▼$17.4050-Day Range$14.79▼$17.5452-Week Range$13.06▼$18.14Volume376,636 shsAverage Volume652,552 shsMarket Capitalization$1.58 billionP/E RatioN/ADividend Yield1.64%Price Target$15.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Veris Residential alerts: Email Address Veris Residential MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside10.1% Downside$15.33 Price TargetShort InterestBearish5.44% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$644,300 Bought Last QuarterProj. Earnings Growth3.70%From $0.54 to $0.56 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.80 out of 5 starsFinance Sector799th out of 871 stocksReal Estate Investment Trusts Industry159th out of 178 stocks 1.0 Analyst's Opinion Consensus RatingVeris Residential has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 1 hold rating, and 1 sell rating.Amount of Analyst CoverageVeris Residential has only been the subject of 3 research reports in the past 90 days.Read more about Veris Residential's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.44% of the float of Veris Residential has been sold short.Short Interest Ratio / Days to CoverVeris Residential has a short interest ratio ("days to cover") of 6.6.Change versus previous monthShort interest in Veris Residential has recently decreased by 1.08%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldVeris Residential pays a meaningful dividend of 1.38%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthVeris Residential does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Veris Residential will have a dividend payout ratio of 50.00% next year. This indicates that Veris Residential will be able to sustain or increase its dividend.Read more about Veris Residential's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for VRE. Previous Next 2.1 News and Social Media Coverage News SentimentVeris Residential has a news sentiment score of 0.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.Search Interest1 people have searched for VRE on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Veris Residential to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Veris Residential insiders have bought more of their company's stock than they have sold. Specifically, they have bought $644,300.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders15.00% of the stock of Veris Residential is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions93.04% of the stock of Veris Residential is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Veris Residential's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Veris Residential are expected to grow by 3.70% in the coming year, from $0.54 to $0.56 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Veris Residential is -17.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Veris Residential is -17.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioVeris Residential has a PEG Ratio of 6.73. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioVeris Residential has a P/B Ratio of 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Veris Residential's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Golden CrestBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.>> Get Your FREE Wealth Protection Guide << About Veris Residential Stock (NYSE:VRE)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 principle; a best-in-class and sustainable approach to operations; and an inclusive culture based on equality and meritocratic empowerment.Read More VRE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VRE Stock News HeadlinesAugust 30, 2024 | americanbankingnews.comVeris Residential (NYSE:VRE) PT Raised to $19.00 at Evercore ISIAugust 28, 2024 | benzinga.comVeris Residential Stock: A Deep Dive Into Analyst Perspectives (4 Ratings)September 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.August 5, 2024 | msn.comVeris Residential raises quarterly dividend by 7% to $0.07/shareAugust 5, 2024 | prnewswire.comVeris Residential Declares Quarterly Cash DividendJuly 31, 2024 | seekingalpha.comVeris Residential Q2 Earnings: Finding Their Footing Under A New BrandJuly 26, 2024 | markets.businessinsider.comAnalysts Conflicted on These Real Estate Names: Veris Residential (VRE), Pebblebrook Hotel (PEB) and Healthpeak Properties (DOC)July 25, 2024 | markets.businessinsider.comAnalysts Offer Insights on Real Estate Companies: Pebblebrook Hotel (PEB) and Veris Residential (VRE)September 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.July 24, 2024 | prnewswire.comVeris Residential, Inc. Reports Second Quarter 2024 ResultsJuly 8, 2024 | prnewswire.comVeris Residential, Inc. Announces Dates for Second Quarter 2024 Financial Results and WebcastJune 18, 2024 | prnewswire.comVeris Residential, Inc. Announces Withdrawal of Public Offering of Common StockJune 17, 2024 | prnewswire.comVeris Residential, Inc. Announces Public Offering of Common StockMay 8, 2024 | prnewswire.comVeris Residential CEO Mahbod Nia Delivers Lecture at MIT Center for Real EstateMay 6, 2024 | prnewswire.comVeris Residential Declares Quarterly Cash DividendApril 30, 2024 | finance.yahoo.comVeris Residential, Inc. (NYSE:VRE) Q1 2024 Earnings Call TranscriptApril 28, 2024 | seekingalpha.comStagflation Is BackApril 27, 2024 | investorplace.com3 REITs That Could Be Heading Six-Feet UnderSee More Headlines Receive VRE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Veris Residential and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 7/16 Dividend7/03/2024Dividend Payable7/16/2024Last Earnings7/24/2024Today9/07/2024Ex-Dividend for 10/16 Dividend9/30/2024Dividend Payable10/16/2024Next Earnings (Estimated)10/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryTrading Current SymbolNYSE:VRE CUSIPN/A CIK924901 Webwww.mack-cali.com Phone(732) 590-1010Fax732-205-8237Employees220Year FoundedN/APrice Target and Rating Average Stock Price Target$15.33 High Stock Price Target$19.00 Low Stock Price Target$13.00 Potential Upside/Downside-10.1%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($1.00) Trailing P/E RatioN/A Forward P/E Ratio31.59 P/E Growth6.73Net Income$-107,260,000.00 Net Margins-21.79% Pretax Margin-41.95% Return on Equity-8.55% Return on Assets-3.41% Debt Debt-to-Equity Ratio1.33 Current Ratio0.84 Quick Ratio0.84 Sales & Book Value Annual Sales$287.87 million Price / Sales5.49 Cash FlowN/A Price / Cash FlowN/A Book Value$13.68 per share Price / Book1.25Miscellaneous Outstanding Shares92,584,000Free Float78,696,000Market Cap$1.58 billion OptionableOptionable Beta1.25 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Mahbod Nia (Age 48)CEO & Director Comp: $2.88MMs. Amanda E. Lombard CPA (Age 39)Chief Financial Officer Comp: $1.25MMs. Anna Malhari (Age 38)Executive VP & COO Comp: $954.69kMr. Jeffrey S. Turkanis (Age 42)Executive VP & Chief Investment Officer Comp: $1.15MMs. Taryn D. Fielder (Age 46)General Counsel & Secretary Comp: $973.69kMs. Cindy MaiSVP & Chief Accounting OfficerGiacomo MascillaroSenior VP, Chief Information Officer & CTOMs. Nicole JonesSenior Vice President of Marketing & CommunicationsMs. Lori Jean MiloSenior Vice President of Human ResourceMs. Susan EpsteinSenior Vice President of LegalMore ExecutivesKey CompetitorsStepStone GroupNASDAQ:STEPJanus Henderson GroupNYSE:JHGEssential Properties Realty TrustNYSE:EPRTFreedomNASDAQ:FRHCVirtu FinancialNASDAQ:VIRTView All CompetitorsInsiders & InstitutionsQuarry LPBought 3,172 shares on 8/16/2024Ownership: 0.003%Millennium Management LLCSold 58,577 shares on 8/15/2024Ownership: 2.415%Caxton Associates LPBought 40,538 shares on 8/15/2024Ownership: 0.044%The Manufacturers Life Insurance Company Bought 1,681 shares on 8/15/2024Ownership: 0.043%Point72 Asia Singapore Pte. Ltd.Bought 3,175 shares on 8/15/2024Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions VRE Stock Analysis - Frequently Asked Questions How have VRE shares performed this year? Veris Residential's stock was trading at $15.73 at the beginning of the year. Since then, VRE stock has increased by 8.5% and is now trading at $17.06. View the best growth stocks for 2024 here. How were Veris Residential's earnings last quarter? Veris Residential, Inc. (NYSE:VRE) posted its earnings results on Wednesday, July, 24th. The company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.13 by $0.11. The company earned $67.48 million during the quarter, compared to analysts' expectations of $67.73 million. Veris Residential had a negative net margin of 21.79% and a negative trailing twelve-month return on equity of 8.55%. Who are Veris Residential's major shareholders? Top institutional investors of Veris Residential include Millennium Management LLC (2.42%), Victory Capital Management Inc. (1.29%), Dimensional Fund Advisors LP (1.24%) and DigitalBridge Group Inc. (0.98%). Insiders that own company stock include Mahbod Nia and Nori Gerardo Lietz. View institutional ownership trends. How do I buy shares of Veris Residential? Shares of VRE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:VRE) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A inv...Mode Mobile | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial inde...Golden Crest | SponsoredSay Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." ...Sasco Gold LLC | SponsoredChina Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a populat...True Gold Republic | SponsoredTrump’s weapon lurks in abandoned AmericaUnemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. ...Porter & Company | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Veris Residential, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Veris Residential With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.