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
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
40% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 65
11% more call options, than puts
Call options by funds: $3.73M | Put options by funds: $3.35M
0% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 22
2% less funds holding
Funds holding: 210 [Q1] → 205 (-5) [Q2]
7.33% less ownership
Funds ownership: 91.67% [Q1] → 84.33% (-7.33%) [Q2]
19% less capital invested
Capital invested by funds: $1.44B [Q1] → $1.17B (-$268M) [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
2 analyst ratings
Evercore ISI Group Steve Sakwa | 19%upside $18 | In-Line Maintained | 25 Jul 2025 |
BTIG Thomas Catherwood | 45%upside $22 | Buy Maintained | 23 Jul 2025 |
Financial journalist opinion
