VRE
Veris Residential
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
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
112% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 17
12% more call options, than puts
Call options by funds: $19K | Put options by funds: $17K
9% more funds holding
Funds holding: 193 [Q4 2024] → 210 (+17) [Q1 2025]
1% more capital invested
Capital invested by funds: $1.42B [Q4 2024] → $1.44B (+$17.4M) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 5 [Q4 2024] → 5 (+0) [Q1 2025]
0.42% less ownership
Funds ownership: 92.08% [Q4 2024] → 91.67% (-0.42%) [Q1 2025]
1% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 73
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$16
7%
upside
Avg. target
$16
7%
upside
High target
$16
7%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Truist Securities Michael Lewis | 7%upside $16 | Hold Maintained | 5 May 2025 |
Financial journalist opinion
Based on 3 articles about VRE published over the past 30 days
Positive
Zacks Investment Research
4 days ago
Wall Street Analysts Predict a 25.9% Upside in Veris (VRE): Here's What You Should Know
The average of price targets set by Wall Street analysts indicates a potential upside of 25.9% in Veris (VRE). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Positive
Seeking Alpha
1 week ago
U.S. REIT Share Repurchase Activity Doubles In Q1 2025
Share buyback activity by US equity real estate investment trusts more than doubled in the first quarter, according to an analysis by S&P Global Market Intelligence. The US REIT sector bought back around $993.2 million in common stock in the period, more than twice as much as the $456.2 million in the fourth quarter of 2024 and up 15.5% year over year. More than a dozen REITs announced new share repurchase programs during the first quarter.
Neutral
PRNewsWire
2 weeks ago
Veris Residential Declares Second Quarter 2025 Cash Dividend
JERSEY CITY, N.J. , May 28, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) ("Veris Residential" or the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today announced that the Company's Board of Directors has declared a cash dividend on its common stock for the second quarter 2025 in the amount of $0.08 for the period ending June 30, 2025.
Neutral
Seeking Alpha
1 month ago
Veris Residential, Inc. (VRE) Q1 2025 Earnings Call Transcript
Veris Residential, Inc. (NYSE:VRE ) Q1 2025 Earnings Conference Call April 24, 2025 8:30 AM ET Company Participants Taryn Fielder - General Counsel Mahbod Nia - Chief Executive Officer Amanda Lombard - Chief Financial Officer Anna Malhari - Chief Operating Officer Conference Call Participants Steve Sakwa - Evercore Jana Galan - Bank of America Eric Wolfe - Citibank Tom Catherwood - BTIG John Pawlowski - Green Street Operator Greetings, and welcome to the Veris Residential First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Positive
Zacks Investment Research
1 month ago
Veris (VRE) Reports Q1 Earnings: What Key Metrics Have to Say
The headline numbers for Veris (VRE) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
1 month ago
Veris Residential (VRE) Q1 FFO Top Estimates
Veris Residential (VRE) came out with quarterly funds from operations (FFO) of $0.16 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to FFO of $0.14 per share a year ago.
Neutral
PRNewsWire
1 month ago
Veris Residential, Inc. Reports First Quarter 2025 Results
JERSEY CITY, N.J. , April 23, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today reported results for the first quarter 2025.
Neutral
PRNewsWire
1 month ago
Veris Residential Consolidates Majority Stake in Jersey City Urby
Rebrands 762-Unit, Class A Waterfront Property to Sable JERSEY CITY, N.J. , April 22, 2025 /PRNewswire/ -- Veris Residential, Inc. ("Veris Residential" or the "Company") (NYSE: VRE), a forward-thinking, Northeast-focused, Class A multifamily REIT, and Urby, a design-forward, hospitality-driven multifamily development brand, today announced that Veris Residential has acquired Ironstate Holdings' ("Ironstate") 15% stake in Jersey City Urby, a 762-unit, Class A multifamily property located on the Jersey City Waterfront, for $38.5 million, excluding transaction costs but including consideration for the termination of Urby's management contract and the annual tax credit.
Neutral
PRNewsWire
2 months ago
Veris Residential, Inc. Announces Dates for First Quarter 2025 Financial Results and Webcast
JERSEY CITY, N.J. , April 4, 2025 /PRNewswire/ -- Veris Residential, Inc. ("Veris Residential" or the "Company") (NYSE: VRE), a forward-thinking, Northeast-focused, Class A multifamily REIT, today announced that it will host its first quarter 2025 financial results webcast and conference call on Thursday, April 24, 2025, at 8:30 a.m.
Neutral
PRNewsWire
3 months ago
Veris Residential Declares Quarterly Cash Dividend
JERSEY CITY, N.J. , Feb. 27, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) ("Veris Residential" or the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today announced that the Company's Board of Directors has declared a cash dividend on its common stock for the first quarter 2025 in the amount of $0.08 for the period ending March 31, 2025.
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