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S&P 500   3,963.51
DOW   33,781.48
QQQ   283.85
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Why Your IRA Could Crash on January 16th? (Ad)
This Is Why Daktronics Fell 40% In One Day 
Why You Should Avoid Carvana Even if it Avoids Bankruptcy
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
The Question of a Fed Pivot Isn't If, It's When, Here's Why
On the money: Yellen's next milestone is name on US currency
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Biden releasing nearly $36B to aid pensions of union workers
Are Investors Hearing The End Of Spotify's Downtrend?
S&P 500   3,963.51
DOW   33,781.48
QQQ   283.85
101 Christmas Gift Ideas Under $40
Why Your IRA Could Crash on January 16th? (Ad)
This Is Why Daktronics Fell 40% In One Day 
Why You Should Avoid Carvana Even if it Avoids Bankruptcy
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
The Question of a Fed Pivot Isn't If, It's When, Here's Why
On the money: Yellen's next milestone is name on US currency
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Biden releasing nearly $36B to aid pensions of union workers
Are Investors Hearing The End Of Spotify's Downtrend?
S&P 500   3,963.51
DOW   33,781.48
QQQ   283.85
101 Christmas Gift Ideas Under $40
Why Your IRA Could Crash on January 16th? (Ad)
This Is Why Daktronics Fell 40% In One Day 
Why You Should Avoid Carvana Even if it Avoids Bankruptcy
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
The Question of a Fed Pivot Isn't If, It's When, Here's Why
On the money: Yellen's next milestone is name on US currency
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Biden releasing nearly $36B to aid pensions of union workers
Are Investors Hearing The End Of Spotify's Downtrend?

Veris Residential - VRE Stock Forecast, Price & News

$15.80
+0.02 (+0.13%)
(As of 12/8/2022 12:00 AM ET)
Add
Compare
Today's Range
$15.74
$16.09
50-Day Range
$10.37
$16.23
52-Week Range
$10.22
$19.60
Volume
495,941 shs
Average Volume
603,989 shs
Market Capitalization
$1.44 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$14.50

Veris Residential MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
8.2% Downside
$14.50 Price Target
Short Interest
Healthy
2.87% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$7.23 M Bought Last Quarter
Proj. Earnings Growth
12.00%
From $0.50 to $0.56 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.82 out of 5 stars

Finance Sector

753rd out of 862 stocks

Real Estate Investment Trusts Industry

166th out of 191 stocks

VRE stock logo

About Veris Residential (NYSE:VRE) Stock

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 principles, a best-in-class and sustainable approach to operations, and an inclusive culture based on equality and meritocratic empowerment. For additional information on Veris Residential, Inc. and our properties available for lease, please visit http://www.verisresidential.com/.

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VRE Stock News Headlines

Veris Residential Celebrates Anniversary of Rebranding
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Veris Residential (VRE) Stock Soars 18% on Buyout Offer
Kushner Cos. Offers to Buy Rival Real Estate Company
Thursday 10/13 Insider Buying Report: EVA, VRE
See More Headlines
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VRE Company Calendar

Last Earnings
5/04/2022
Today
12/09/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/22/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Employees
234
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$14.50
High Stock Price Forecast
$18.00
Low Stock Price Forecast
$13.00
Forecasted Upside/Downside
-8.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$-119,040,000.00
Pretax Margin
-26.46%

Debt

Sales & Book Value

Annual Sales
$329.32 million
Book Value
$15.94 per share

Miscellaneous

Free Float
83,979,000
Market Cap
$1.44 billion
Optionable
Optionable
Beta
1.20

Key Executives

  • Mr. Mahbod Nia (Age 46)
    CEO & Director
    Comp: $3.28M
  • Ms. Amanda E. Lombard CPA (Age 38)
    Chief Financial Officer
  • Ms. Anna Malhari (Age 36)
    Exec. VP & COO
  • Mr. Jeffrey S. Turkanis
    Exec. VP & Chief Investment Officer
  • Ms. Gwendolyn Marnell
    Chief Accounting Officer
  • Giacomo Mascillaro
    Sr. VP, Chief Information Officer & CTO
  • Ms. Taryn D. Fielder (Age 44)
    Gen. Counsel & Sec.
  • Ms. Nicole Jones
    Sr. VP of Marketing & Communications
  • Ms. Lori Jean Milo
    Sr. VP of Human Resource
  • Ms. Susan Epstein
    Sr. VP of Legal













VRE Stock - Frequently Asked Questions

Should I buy or sell Veris Residential stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Veris Residential in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" VRE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VRE, but not buy additional shares or sell existing shares.
View VRE analyst ratings
or view top-rated stocks.

What is Veris Residential's stock price forecast for 2023?

3 analysts have issued 12 month price targets for Veris Residential's shares. Their VRE share price forecasts range from $13.00 to $18.00. On average, they anticipate the company's stock price to reach $14.50 in the next twelve months. This suggests that the stock has a possible downside of 8.7%.
View analysts price targets for VRE
or view top-rated stocks among Wall Street analysts.

How have VRE shares performed in 2022?

Veris Residential's stock was trading at $18.38 on January 1st, 2022. Since then, VRE stock has decreased by 13.6% and is now trading at $15.88.
View the best growth stocks for 2022 here
.

Are investors shorting Veris Residential?

Veris Residential saw a decrease in short interest in October. As of October 31st, there was short interest totaling 2,510,000 shares, a decrease of 16.9% from the October 15th total of 3,020,000 shares. Based on an average daily volume of 698,900 shares, the days-to-cover ratio is presently 3.6 days. Approximately 2.8% of the company's shares are sold short.
View Veris Residential's Short Interest
.

When is Veris Residential's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our VRE earnings forecast
.

How were Veris Residential's earnings last quarter?

Veris Residential, Inc. (NYSE:VRE) announced its quarterly earnings data on Wednesday, May, 4th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by $0.27. Veris Residential had a negative net margin of 30.74% and a negative trailing twelve-month return on equity of 7.53%. During the same quarter in the previous year, the business earned $0.18 EPS.

What is Veris Residential's stock symbol?

Veris Residential trades on the New York Stock Exchange (NYSE) under the ticker symbol "VRE."

Who are Veris Residential's major shareholders?

Veris Residential's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (16.42%), Vanguard Group Inc. (14.30%), State Street Corp (5.77%), Centersquare Investment Management LLC (4.43%), Victory Capital Management Inc. (2.03%) and Dimensional Fund Advisors LP (1.50%). Insiders that own company stock include A Akiva Katz and Mahbod Nia.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Veris Residential's stock price today?

One share of VRE stock can currently be purchased for approximately $15.88.

How much money does Veris Residential make?

Veris Residential (NYSE:VRE) has a market capitalization of $1.45 billion and generates $329.32 million in revenue each year. The company earns $-119,040,000.00 in net income (profit) each year or ($1.30) on an earnings per share basis.

How many employees does Veris Residential have?

The company employs 234 workers across the globe.

How can I contact Veris Residential?

Veris Residential's mailing address is HARBORSIDE 3 210 HUDSON ST. SUITE. 400, JERSEY CITY NJ, 07311. The official website for the company is www.mack-cali.com. The company can be reached via phone at (732) 590-1010, via email at investorrelations@mack-cali.com, or via fax at 732-205-8237.

This page (NYSE:VRE) was last updated on 12/9/2022 by MarketBeat.com Staff