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NVDA   791.12 (+1.87%)
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PYPL   60.34 (+0.15%)
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MSFT   413.64 (+1.45%)
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NVDA   791.12 (+1.87%)
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AMD   192.53 (+9.06%)
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DIS   111.51 (+0.64%)
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PYPL   60.34 (+0.15%)
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NVDA   791.12 (+1.87%)
NIO   5.74 (+5.71%)
AMD   192.53 (+9.06%)
BABA   74.02 (-0.76%)
T   16.93 (-0.18%)
F   12.43 (+1.06%)
MU   90.61 (+1.00%)
CGC   3.29 (-2.08%)
GE   156.83 (+0.78%)
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PFE   26.55 (-1.81%)
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NYSE:VRE

Veris Residential (VRE) Stock Price, News & Analysis

$14.58
+0.06 (+0.41%)
(As of 02/29/2024 ET)
Today's Range
$14.59
$14.92
50-Day Range
$14.53
$15.94
52-Week Range
$13.06
$18.98
Volume
880,660 shs
Average Volume
839,538 shs
Market Capitalization
$1.35 billion
P/E Ratio
N/A
Dividend Yield
1.44%
Price Target
$17.67

Veris Residential MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
21.0% Upside
$17.67 Price Target
Short Interest
Bearish
5.50% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.02mentions of Veris Residential in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
23.08%
From $0.52 to $0.64 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.13 out of 5 stars

Finance Sector

646th out of 875 stocks

Real Estate Investment Trusts Industry

142nd out of 180 stocks


VRE stock logo

About Veris Residential Stock (NYSE:VRE)

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.

VRE Stock Price History

VRE Stock News Headlines

Veris Residential Declares Quarterly Cash Dividend
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Veris Residential (VRE) Scheduled to Post Earnings on Wednesday
Veris Residential Declares Quarterly Cash Dividend
Veris Residential (VRE) Receives a Hold from Truist Financial
Veris: Q2 Earnings Snapshot
See More Headlines
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Company Calendar

Last Earnings
5/04/2022
Ex-Dividend for 1/10 Dividend
12/28/2023
Dividend Payable
1/10/2024
Today
2/29/2024
Next Earnings (Estimated)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Employees
215
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$17.67
High Stock Price Target
$19.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+20.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$-107,260,000.00
Pretax Margin
-55.99%

Debt

Sales & Book Value

Annual Sales
$279.86 million
Book Value
$13.87 per share

Miscellaneous

Free Float
78,395,000
Market Cap
$1.35 billion
Optionable
Optionable
Beta
1.25
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Key Executives

  • Mr. Mahbod Nia (Age 48)
    CEO & Director
    Comp: $2.88M
  • Ms. Amanda E. Lombard CPA (Age 40)
    Chief Financial Officer
    Comp: $1.25M
  • Ms. Anna Malhari (Age 38)
    Executive VP & COO
    Comp: $954.69k
  • Mr. Jeffrey S. Turkanis (Age 42)
    Executive VP & Chief Investment Officer
    Comp: $1.15M
  • Ms. Taryn D. Fielder (Age 46)
    General Counsel & Secretary
    Comp: $973.69k
  • Ms. Cindy Mai
    SVP & Chief Accounting Officer
  • Giacomo Mascillaro
    Senior VP, Chief Information Officer & CTO
  • Ms. Nicole Jones
    Senior Vice President of Marketing & Communications
  • Ms. Lori Jean Milo
    Senior Vice President of Human Resource
  • Ms. Susan Epstein
    Senior Vice President of Legal














VRE Stock Analysis - Frequently Asked Questions

Should I buy or sell Veris Residential stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veris Residential in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" VRE shares.
View VRE analyst ratings
or view top-rated stocks.

What is Veris Residential's stock price target for 2024?

3 analysts have issued 12-month price targets for Veris Residential's shares. Their VRE share price targets range from $16.00 to $19.00. On average, they expect the company's share price to reach $17.67 in the next year. This suggests a possible upside of 21.0% from the stock's current price.
View analysts price targets for VRE
or view top-rated stocks among Wall Street analysts.

How have VRE shares performed in 2024?

Veris Residential's stock was trading at $15.73 at the start of the year. Since then, VRE shares have decreased by 7.2% and is now trading at $14.60.
View the best growth stocks for 2024 here
.

When is Veris Residential's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our VRE earnings forecast
.

How were Veris Residential's earnings last quarter?

Veris Residential, Inc. (NYSE:VRE) released its quarterly earnings data on Wednesday, May, 4th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of $0.14 by $0.27. Veris Residential had a negative trailing twelve-month return on equity of 11.53% and a negative net margin of 38.30%. During the same quarter in the previous year, the business posted $0.18 EPS.

How often does Veris Residential pay dividends? What is the dividend yield for Veris Residential?

Veris Residential announced a quarterly dividend on Monday, December 18th. Investors of record on Friday, December 29th will be given a dividend of $0.052 per share on Wednesday, January 10th. This represents a $0.21 annualized dividend and a yield of 1.42%. The ex-dividend date is Thursday, December 28th. This is a positive change from the stock's previous quarterly dividend of $0.05.
Read our dividend analysis for VRE
.

Is Veris Residential a good dividend stock?

Veris Residential (NYSE:VRE) pays an annual dividend of $0.21 per share and currently has a dividend yield of 1.41%.
Read our dividend analysis for VRE.

What ETFs hold Veris Residential's stock?
What guidance has Veris Residential issued on next quarter's earnings?

Veris Residential updated its FY 2024 earnings guidance on Thursday, February, 22nd. The company provided earnings per share guidance of 0.480-0.530 for the period, compared to the consensus estimate of 0.590. The company issued revenue guidance of -.

Who are Veris Residential's major shareholders?

Veris Residential's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (13.39%), H 2 Credit Manager LP (4.66%), Balyasny Asset Management L.P. (1.87%), Aew Capital Management L P (1.69%), Charles Schwab Investment Management Inc. (1.50%) and Northern Trust Corp (1.21%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:VRE) was last updated on 2/29/2024 by MarketBeat.com Staff