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S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
Flee to Healthcare Stocks if Recession Rears its Head?
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
3 ETFs for the Conservative Investor to Buy and Hold
Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
A small venture capital player becomes a symbol in the fight over corporate diversity policies
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Markets Are Loving These Stocks 'Firing On All Cylinders'
Etsy Gets an Upgrade and $100 Target...Is the Bottom Finally In?
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
Flee to Healthcare Stocks if Recession Rears its Head?
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
3 ETFs for the Conservative Investor to Buy and Hold
Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
A small venture capital player becomes a symbol in the fight over corporate diversity policies
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Markets Are Loving These Stocks 'Firing On All Cylinders'
Etsy Gets an Upgrade and $100 Target...Is the Bottom Finally In?
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
Flee to Healthcare Stocks if Recession Rears its Head?
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
3 ETFs for the Conservative Investor to Buy and Hold
Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
A small venture capital player becomes a symbol in the fight over corporate diversity policies
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Markets Are Loving These Stocks 'Firing On All Cylinders'
Etsy Gets an Upgrade and $100 Target...Is the Bottom Finally In?
NYSE:VRE

Veris Residential (VRE) Stock Forecast, Price & News

$17.59
-0.05 (-0.28%)
(As of 09/20/2023 ET)
Compare
Today's Range
$17.58
$18.05
50-Day Range
$16.37
$18.79
52-Week Range
$10.22
$18.98
Volume
571,225 shs
Average Volume
590,077 shs
Market Capitalization
$1.62 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$18.80

Veris Residential MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
6.9% Upside
$18.80 Price Target
Short Interest
Healthy
1.28% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.98mentions of Veris Residential in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$1.88 M Sold Last Quarter
Proj. Earnings Growth
17.86%
From $0.56 to $0.66 Per Share

Overall MarketRank

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

2.21 out of 5 stars

Finance Sector

513th out of 835 stocks

Real Estate Investment Trusts Industry

104th out of 180 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.

VRE Price History

VRE Stock News Headlines

How is This "Hidden Gem" Thriving in a Turbulent Market?
While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.
Veris Residential (VRE) Receives a Hold from Truist Financial
Veris: Q2 Earnings Snapshot
How is This "Hidden Gem" Thriving in a Turbulent Market?
While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.
Veris Residential Releases 2022 ESG Report
Veris: Q1 Earnings Snapshot
Veris Residential: Likely To Decline Further
Kushner Applauds New Board Appointments at Veris
See More Headlines
Receive VRE Stock News and Ratings via Email

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VRE Company Calendar

Last Earnings
5/04/2022
Today
9/20/2023
Ex-Dividend for 10/10 Dividend
9/28/2023
Dividend Payable
10/10/2023
Next Earnings (Estimated)
11/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$18.80
High Stock Price Forecast
$22.00
Low Stock Price Forecast
$16.00
Forecasted Upside/Downside
+6.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$-52,070,000.00
Pretax Margin
-28.16%

Debt

Sales & Book Value

Annual Sales
$355.02 million
Cash Flow
$0.88 per share
Book Value
$15.36 per share

Miscellaneous

Free Float
78,255,000
Market Cap
$1.62 billion
Optionable
Optionable
Beta
1.16
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Key Executives

  • Mr. Mahbod Nia (Age 47)
    CEO & Director
    Comp: $2.88M
  • Ms. Amanda E. Lombard CPA (Age 39)
    Chief Financial Officer
    Comp: $1.25M
  • Ms. Anna Malhari (Age 37)
    Exec. VP & COO
    Comp: $954.69k
  • Mr. Jeffrey S. Turkanis (Age 41)
    Exec. VP & Chief Investment Officer
    Comp: $1.15M
  • Ms. Taryn D. Fielder (Age 45)
    Gen. Counsel & Sec.
    Comp: $973.69k
  • Ms. Cindy Mai
    SVP & Chief Accounting Officer
  • Giacomo Mascillaro
    Sr. VP, Chief Information Officer & CTO
  • 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?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veris Residential in the last twelve months. There are currently 2 hold ratings and 3 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 forecast for 2023?

5 analysts have issued 1 year price objectives for Veris Residential's stock. Their VRE share price forecasts range from $16.00 to $22.00. On average, they predict the company's share price to reach $18.80 in the next year. This suggests a possible upside of 6.9% 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 2023?

Veris Residential's stock was trading at $15.93 at the start of the year. Since then, VRE stock has increased by 10.4% and is now trading at $17.59.
View the best growth stocks for 2023 here
.

Are investors shorting Veris Residential?

Veris Residential saw a drop in short interest during the month of August. As of August 31st, there was short interest totaling 1,100,000 shares, a drop of 18.5% from the August 15th total of 1,350,000 shares. Based on an average daily trading volume, of 587,800 shares, the days-to-cover ratio is currently 1.9 days. Currently, 1.3% of the shares of the company 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, November 1st 2023.
View our VRE earnings forecast
.

How were Veris Residential's earnings last quarter?

Veris Residential, Inc. (NYSE:VRE) posted its quarterly earnings data on Wednesday, May, 4th. The company reported ($0.13) earnings per share 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 8.68% and a negative net margin of 37.28%. During the same period last year, the business posted $0.18 EPS.

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

Veris Residential declared a Variable dividend on Wednesday, July 26th. Shareholders of record on Saturday, September 30th will be given a dividend of $0.05 per share on Tuesday, October 10th. This represents a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, September 28th.
Read our dividend analysis for VRE
.

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 a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.78%), State Street Corp (5.48%), Long Pond Capital LP (3.42%), JPMorgan Chase & Co. (2.11%), Geode Capital Management LLC (1.85%) and Charles Schwab Investment Management Inc. (1.52%). 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 $17.59.

How much money does Veris Residential make?

Veris Residential (NYSE:VRE) has a market capitalization of $1.62 billion and generates $355.02 million in revenue each year. The company earns $-52,070,000.00 in net income (profit) each year or ($1.32) on an earnings per share basis.

How many employees does Veris Residential have?

The company employs 215 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 9/21/2023 by MarketBeat.com Staff

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