Veris Residential (VRE)

• Market cap: $1.44B
• 1 day: 0%
• 5 days: -4.17%
• 1 month: 10.01%
• 3 months: 2.74%
• 6 months: -6.56%
• Year to date: -6.44%
• 1 year: -14.4%
• 5 years: 6.73%
• 10 years: -22.59%
• Sector: Real Estate
• Industry: Residential REIT

About: Veris Residential Inc is a fully-integrated, self-administered and self-managed real estate investment trust (REIT). The company owns and operates a real estate portfolio comprised predominantly of multifamily rental properties located mainly in the Northeast and Class A office properties. The company performs substantially all real estate management, leasing, acquisition and development on an in-house basis. The properties are in three states in the Northeast, plus the District of Columbia. The company operates in two industry segments multifamily real estate & services and commercial & other real estate. The majority of revenue is from Multifamily real estate services.

Employees: 188

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

45% more repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 65

0% more call options, than puts

Call options by funds: $3.73M | Put options by funds: $3.72M

0% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 22

1% less funds holding

Funds holding: 211 [Q1] → 208 (-3) [Q2]

7.19% less ownership

Funds ownership: 91.73% [Q1] → 84.54% (-7.19%) [Q2]

18% less capital invested

Capital invested by funds: $1.44B [Q1] → $1.17B (-$266M) [Q2]

40% less funds holding in top 10

Funds holding in top 10: 5 [Q1] → 3 (-2) [Q2]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $18
• Avg. target: $20
• High target: $22

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Evercore ISI Group Steve Sakwa	$18	In-Line Maintained	25 Jul 2025
BTIG Thomas Catherwood	$22	Buy Maintained	23 Jul 2025