Veris Residential (VRE) to Release Earnings on Wednesday

Key Points

• Veris Residential will release Q1 2026 results after the market close on Wednesday, April 22; analysts expect $0.20 EPS and $68.06M in revenue, with a conference call set for Thursday, April 23 at 8:30 AM ET.
• In the prior quarter (reported Feb. 23) Veris beat estimates with $0.19 EPS versus $0.16 and $71.31M in revenue, and analysts forecast roughly $1.00 EPS for both the current and next fiscal year.
• The stock trades near $18.90 with a consensus price target of $19.50 and mostly "Hold" ratings, and the company recently paid a quarterly dividend of $0.08 (annualized $0.32, ~1.7% yield).

Veris Residential (NYSE:VRE - Get Free Report) is anticipated to issue its Q1 2026 results after the market closes on Wednesday, April 22nd. Analysts expect Veris Residential to post earnings of $0.20 per share and revenue of $68.06 million for the quarter. Interested persons can find conference call details on the company's upcoming Q1 2026 earning report page for the latest details on the call scheduled for Thursday, April 23, 2026 at 8:30 AM ET.

Veris Residential (NYSE:VRE - Get Free Report) last posted its quarterly earnings results on Monday, February 23rd. The company reported $0.19 EPS for the quarter, beating analysts' consensus estimates of $0.16 by $0.03. The company had revenue of $71.31 million during the quarter, compared to analyst estimates of $70.85 million. Veris Residential had a net margin of 26.08% and a return on equity of 5.73%. On average, analysts expect Veris Residential to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Veris Residential Price Performance

Shares of Veris Residential stock opened at $18.90 on Wednesday. The company's fifty day simple moving average is $18.26 and its two-hundred day simple moving average is $16.03. Veris Residential has a 12-month low of $13.69 and a 12-month high of $19.03. The firm has a market cap of $1.77 billion, a PE ratio of 23.63, a price-to-earnings-growth ratio of 3.14 and a beta of 1.15. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.08.

Veris Residential Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Tuesday, March 31st were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Tuesday, March 31st. Veris Residential's dividend payout ratio is currently 40.00%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. PharVision Advisers LLC bought a new position in Veris Residential in the third quarter worth $403,000. Mariner LLC purchased a new stake in shares of Veris Residential in the 4th quarter worth about $371,000. Tidal Investments LLC increased its stake in shares of Veris Residential by 26.4% in the 2nd quarter. Tidal Investments LLC now owns 24,849 shares of the company's stock worth $370,000 after acquiring an additional 5,185 shares in the last quarter. State of Wisconsin Investment Board purchased a new position in Veris Residential during the 4th quarter valued at about $353,000. Finally, GeoWealth Management LLC bought a new stake in Veris Residential during the fourth quarter worth about $315,000. Institutional investors own 93.04% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on VRE. Weiss Ratings restated a "hold (c-)" rating on shares of Veris Residential in a report on Monday, December 29th. Wall Street Zen cut Veris Residential from a "buy" rating to a "hold" rating in a report on Saturday, February 28th. Truist Financial boosted their target price on Veris Residential from $15.00 to $19.00 and gave the company a "hold" rating in a research note on Tuesday, March 24th. Finally, Citigroup raised their price target on Veris Residential from $16.00 to $19.00 and gave the stock a "neutral" rating in a research note on Wednesday, April 1st. One research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $19.50.

About Veris Residential

Veris Residential, Inc NYSE: VRE is a publicly traded real estate investment trust that focuses on the acquisition, development, ownership and management of high-quality, Class A multifamily residential communities. As a pure-play residential REIT, Veris Residential offers a range of apartment homes designed to appeal to both urban and suburban renters seeking modern living spaces enhanced with amenities and services.

The company's portfolio consists of contemporary apartment buildings that feature studio, one-, two- and three-bedroom floor plans.

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