NYSE:VRE Veris Residential (VRE) Stock Price, News & Analysis $16.04 +0.47 (+3.02%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$15.71▼$16.1250-Day Range$14.21▼$16.0452-Week Range$13.06▼$18.98Volume531,700 shsAverage Volume689,641 shsMarket Capitalization$1.49 billionP/E RatioN/ADividend Yield1.50%Price Target$14.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Veris Residential alerts: Email Address Veris Residential MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside10.6% Downside$14.33 Price TargetShort InterestBearish5.53% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.32Based on 9 Articles This WeekInsider TradingAcquiring Shares$644,300 Bought Last QuarterProj. Earnings Growth9.26%From $0.54 to $0.59 Per ShareSee Full Details Hide Full Details 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.0.97 out of 5 starsFinance Sector817th out of 898 stocksReal Estate Investment Trusts Industry164th out of 181 stocks 1.0 Analyst's Opinion Consensus RatingVeris Residential has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 1 hold rating, and 1 sell rating.Amount of Analyst CoverageVeris Residential has only been the subject of 3 research reports in the past 90 days.Read more about Veris Residential's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.53% of the float of Veris Residential has been sold short.Short Interest Ratio / Days to CoverVeris Residential has a short interest ratio ("days to cover") of 6.7.Change versus previous monthShort interest in Veris Residential has recently increased by 22.75%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldVeris Residential pays a meaningful dividend of 1.52%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthVeris Residential does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Veris Residential will have a dividend payout ratio of 40.68% next year. This indicates that Veris Residential will be able to sustain or increase its dividend.Read more about Veris Residential's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for VRE. Previous Next 2.0 News and Social Media Coverage News SentimentVeris Residential has a news sentiment score of -0.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Veris Residential this week, compared to 2 articles on an average week.Search Interest2 people have searched for VRE on MarketBeat in the last 30 days. MarketBeat Follows9 people have added Veris Residential to their MarketBeat watchlist in the last 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Veris Residential insiders have bought more of their company's stock than they have sold. Specifically, they have bought $644,300.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders15.00% of the stock of Veris Residential is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions93.04% of the stock of Veris Residential is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Veris Residential's insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Veris Residential are expected to grow by 9.26% in the coming year, from $0.54 to $0.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Veris Residential is -16.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Veris Residential is -16.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioVeris Residential has a PEG Ratio of 4.89. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioVeris Residential has a P/B Ratio of 1.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Veris Residential's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressMan who Predicted Trump 2016 Win: “Prepare for Election Meltdown”Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.Click here to see it because it’s a SHOCKER… 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 principle; a best-in-class and sustainable approach to operations; and an inclusive culture based on equality and meritocratic empowerment.Read More VRE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VRE Stock News HeadlinesJuly 25 at 11:36 AM | markets.businessinsider.comAnalysts Offer Insights on Real Estate Companies: Pebblebrook Hotel (PEB) and Veris Residential (VRE)July 24 at 4:15 PM | prnewswire.comVeris Residential, Inc. Reports Second Quarter 2024 ResultsJuly 26, 2024 | Behind the Markets (Ad)J.P. Morgan’s DIRE WarningWhen the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."July 22, 2024 | americanbankingnews.comVeris Residential (VRE) Set to Announce Earnings on WednesdayJuly 8, 2024 | prnewswire.comVeris Residential, Inc. Announces Dates for Second Quarter 2024 Financial Results and WebcastJune 18, 2024 | prnewswire.comVeris Residential, Inc. Announces Withdrawal of Public Offering of Common StockJune 17, 2024 | prnewswire.comVeris Residential, Inc. Announces Public Offering of Common StockMay 8, 2024 | prnewswire.comVeris Residential CEO Mahbod Nia Delivers Lecture at MIT Center for Real EstateJuly 26, 2024 | Behind the Markets (Ad)J.P. Morgan’s DIRE WarningWhen the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."May 6, 2024 | prnewswire.comVeris Residential Declares Quarterly Cash DividendApril 30, 2024 | finance.yahoo.comVeris Residential, Inc. (NYSE:VRE) Q1 2024 Earnings Call TranscriptApril 28, 2024 | seekingalpha.comStagflation Is BackApril 27, 2024 | investorplace.com3 REITs That Could Be Heading Six-Feet UnderApril 26, 2024 | finance.yahoo.comVeris Residential Inc (VRE) (Q1 2024) Earnings Call Transcript Highlights: Navigating Growth ...April 25, 2024 | seekingalpha.comVeris Residential, Inc. 2024 Q1 - Results - Earnings Call PresentationApril 24, 2024 | finance.yahoo.comVeris Residential Inc (VRE) Q1 2024 Earnings: A Detailed OverviewApril 24, 2024 | msn.comVRE Stock Earnings: Veris Residential Beats EPS, Misses Revenue for Q1 2024April 24, 2024 | msn.comVeris Residential reports Q1 resultsSee More Headlines Receive VRE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Veris Residential and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 7/16 Dividend7/03/2024Dividend Payable7/16/2024Last Earnings7/24/2024Today7/26/2024Next Earnings (Estimated)10/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryTrading Current SymbolNYSE:VRE CUSIPN/A CIK924901 Webwww.mack-cali.com Phone(732) 590-1010Fax732-205-8237Employees220Year FoundedN/APrice Target and Rating Average Stock Price Target$14.33 High Stock Price Target$16.00 Low Stock Price Target$13.00 Potential Upside/Downside-10.4%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($1.00) Trailing P/E RatioN/A Forward P/E Ratio29.63 P/E Growth4.89Net Income$-107,260,000.00 Net Margins-21.79% Pretax Margin-51.37% Return on Equity-8.53% Return on Assets-3.35% Debt Debt-to-Equity Ratio1.46 Current Ratio2.35 Quick Ratio2.35 Sales & Book Value Annual Sales$279.86 million Price / Sales5.29 Cash FlowN/A Price / Cash FlowN/A Book Value$13.88 per share Price / Book1.15Miscellaneous Outstanding Shares92,580,000Free Float78,696,000Market Cap$1.48 billion OptionableOptionable Beta1.26 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. Mahbod Nia (Age 48)CEO & Director Comp: $2.88MMs. Amanda E. Lombard CPA (Age 39)Chief Financial Officer Comp: $1.25MMs. Anna Malhari (Age 38)Executive VP & COO Comp: $954.69kMr. Jeffrey S. Turkanis (Age 42)Executive VP & Chief Investment Officer Comp: $1.15MMs. Taryn D. Fielder (Age 46)General Counsel & Secretary Comp: $973.69kMs. Cindy MaiSVP & Chief Accounting OfficerGiacomo MascillaroSenior VP, Chief Information Officer & CTOMs. Nicole JonesSenior Vice President of Marketing & CommunicationsMs. Lori Jean MiloSenior Vice President of Human ResourceMs. Susan EpsteinSenior Vice President of LegalMore ExecutivesKey CompetitorsStepStone GroupNASDAQ:STEPEssential Properties Realty TrustNYSE:EPRTFreedomNASDAQ:FRHCPiper Sandler CompaniesNYSE:PIPRPhillips Edison & Company, Inc.NASDAQ:PECOView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 5,012 shares on 7/26/2024Ownership: 0.811%Easterly Investment Partners LLCBought 24,181 shares on 7/25/2024Ownership: 0.143%Louisiana State Employees Retirement SystemBought 800 shares on 7/24/2024Ownership: 0.044%Sumitomo Mitsui Trust Holdings Inc.Bought 2,949 shares on 7/19/2024Ownership: 0.098%SG Americas Securities LLCSold 6,755 shares on 7/12/2024Ownership: 0.011%View All Insider TransactionsView All Institutional Transactions VRE Stock Analysis - Frequently Asked Questions How have VRE shares performed this year? Veris Residential's stock was trading at $15.73 at the beginning of 2024. Since then, VRE shares have increased by 2.0% and is now trading at $16.04. View the best growth stocks for 2024 here. How were Veris Residential's earnings last quarter? Veris Residential, Inc. (NYSE:VRE) released its quarterly earnings results on Wednesday, July, 24th. The company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.13 by $0.11. The business had revenue of $67.48 million for the quarter, compared to analyst estimates of $67.73 million. Veris Residential had a negative trailing twelve-month return on equity of 8.53% and a negative net margin of 21.79%. Who are Veris Residential's major shareholders? Veris Residential's top institutional investors include Bank of New York Mellon Corp (0.81%), Easterly Investment Partners LLC (0.14%), Sumitomo Mitsui Trust Holdings Inc. (0.10%) and Louisiana State Employees Retirement System (0.04%). Insiders that own company stock include Mahbod Nia and Nori Gerardo Lietz. 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 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. 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