Positive News SentimentPositive NewsNYSE:VRE Veris Residential (VRE) Stock Price, News & Analysis → Don't Pay a Dime for Marc Lichtenfeld's Top AI Picks (From The Oxford Club) (Ad) Free VRE Stock Alerts $15.11 +0.05 (+0.33%) (As of 06/14/2024 ET) Add Compare Share Share Today's Range$14.96▼$15.1750-Day Range$13.97▼$15.7252-Week Range$13.06▼$18.98Volume502,394 shsAverage Volume499,787 shsMarket Capitalization$1.40 billionP/E RatioN/ADividend Yield1.39%Price Target$16.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Veris Residential alerts: Email Address Veris Residential MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside5.9% Upside$16.00 Price TargetShort InterestBearish5.36% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.79Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth9.62%From $0.52 to $0.57 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.0.82 out of 5 starsFinance Sector804th out of 871 stocksReal Estate Investment Trusts Industry161st out of 175 stocks 1.3 Analyst's Opinion Consensus RatingVeris Residential has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageVeris Residential has only been the subject of 1 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 Shorted5.36% 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 9.2.Change versus previous monthShort interest in Veris Residential has recently increased by 1.35%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldVeris Residential pays a meaningful dividend of 1.39%, 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 36.84% 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 3.2 News and Social Media Coverage News SentimentVeris Residential has a news sentiment score of 1.79. 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 higher news sentiment than the 0.87 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Veris Residential this week, compared to 1 article on an average week. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Veris Residential insiders have not sold or bought any 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 9.62% in the coming year, from $0.52 to $0.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Veris Residential is -15.11, 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 -15.11, 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 4.85. 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 1.09. 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 The Oxford ClubYour "AI Income Playbook" Awaits...Today, he wants to give you his "AI Income Playbook"... FREE of charge! Inside, you'll discover Marc's favorite AI dividend stocks... Complete with their names, ticker symbols, and full breakdown of their massive income potential.Click here now to claim your FREE copy of Marc's AI playbook. 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 HeadlinesMay 8, 2024 | prnewswire.comVeris Residential CEO Mahbod Nia Delivers Lecture at MIT Center for Real EstateMay 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 resultsApril 24, 2024 | prnewswire.comVeris Residential, Inc. Reports First Quarter 2024 ResultsApril 24, 2024 | msn.comNasdaq Futures Climb on Tesla Boost, Meta Earnings in FocusApril 15, 2024 | finance.yahoo.comVeris Residential, Inc. Announces Dates for First Quarter 2024 Financial Results and WebcastFebruary 29, 2024 | prnewswire.comVeris Residential Declares Quarterly Cash DividendFebruary 22, 2024 | msn.comVeris Residential beats top-line and bottom-line estimates; initiates FY24 outlookFebruary 22, 2024 | seekingalpha.comVeris Residential, Inc. 2023 Q4 - Results - Earnings Call PresentationFebruary 21, 2024 | finance.yahoo.comVeris Residential (VRE) Surpasses Q4 FFO and Revenue EstimatesFebruary 21, 2024 | finance.yahoo.comVeris Residential, Inc. Reports Fourth Quarter and Full Year 2023 ResultsFebruary 21, 2024 | prnewswire.comVeris Residential, Inc. Reports Fourth Quarter and Full Year 2023 ResultsFebruary 21, 2024 | finance.yahoo.comVeris Residential Inc (VRE) Reports Solid Growth in Core FFO and NOI for FY 2023February 7, 2024 | finance.yahoo.comVeris Residential, Inc. Announces Dates for Fourth Quarter 2023 Financial Results and WebcastJanuary 22, 2024 | finance.yahoo.comVeris Residential Announces Tax Treatment of 2023 DistributionsJanuary 1, 2024 | benzinga.comVeris Residential Stock (NYSE:VRE) Dividends: History, Yield and DatesDecember 18, 2023 | finance.yahoo.comVeris Residential Declares Quarterly Cash DividendNovember 16, 2023 | finance.yahoo.comVeris Residential Recognized as a Leader in ESG, DEI and Corporate Stewardship by Top Real Estate and Business OrganizationsSee 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 Last Earnings5/04/2022Ex-Dividend for 4/16 Dividend4/02/2024Dividend Payable4/16/2024Today6/15/2024Ex-Dividend for 7/16 Dividend7/03/2024Dividend Payable7/16/2024Next Earnings (Estimated)7/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryN/A Current SymbolNYSE:VRE CUSIPN/A CIK924901 Webwww.mack-cali.com Phone(732) 590-1010Fax732-205-8237Employees197Year FoundedN/APrice Target and Rating Average Stock Price Target$16.00 High Stock Price Target$18.00 Low Stock Price Target$14.00 Potential Upside/Downside+5.9%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($1.00) Trailing P/E RatioN/A Forward P/E Ratio29.06 P/E Growth4.85Net Income$-107,260,000.00 Net Margins-32.51% Pretax Margin-51.37% Return on Equity-10.42% Return on Assets-3.99% Debt Debt-to-Equity Ratio1.46 Current Ratio2.35 Quick Ratio2.35 Sales & Book Value Annual Sales$279.86 million Price / Sales5.00 Cash FlowN/A Price / Cash FlowN/A Book Value$13.88 per share Price / Book1.09Miscellaneous Outstanding Shares92,580,000Free Float78,696,000Market Cap$1.40 billion OptionableOptionable Beta1.25 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. 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 CompetitorsRithm CapitalNYSE:RITMKite Realty Group TrustNYSE:KRGEssential Properties Realty TrustNYSE:EPRTVornado Realty TrustNYSE:VNORayonierNYSE:RYNView All CompetitorsInsiders & InstitutionsTidal Investments LLCBought 37,141 shares on 5/17/2024Ownership: 0.055%California State Teachers Retirement SystemSold 4,333 shares on 5/16/2024Ownership: 0.080%Levin Capital Strategies L.P.Bought 35,000 shares on 5/16/2024Ownership: 0.038%Bayesian Capital Management LPSold 3,100 shares on 5/16/2024Ownership: 0.020%Public Employees Retirement System of OhioSold 827 shares on 5/15/2024Ownership: 0.125%View All Insider TransactionsView All Institutional Transactions VRE Stock Analysis - Frequently Asked Questions Should I buy or sell Veris Residential stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Veris Residential in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research 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? 2 brokerages have issued 12 month price objectives for Veris Residential's shares. Their VRE share price targets range from $14.00 to $18.00. On average, they expect the company's stock price to reach $16.00 in the next twelve months. This suggests a possible upside of 5.9% 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 2024? Veris Residential's stock was trading at $15.73 at the beginning of 2024. Since then, VRE stock has decreased by 3.9% and is now trading at $15.11. 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, July 24th 2024. 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) 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 10.42% and a negative net margin of 32.51%. During the same quarter in the previous year, the firm earned $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, May 6th. Stockholders of record on Wednesday, July 3rd will be given a dividend of $0.06 per share on Tuesday, July 16th. This represents a $0.24 annualized dividend and a dividend yield of 1.59%. The ex-dividend date of this dividend is Wednesday, July 3rd. This is a boost 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 1.39%. Read our dividend analysis for VRE. What ETFs hold Veris Residential's stock? ETFs with the largest weight of Veris Residential (NYSE:VRE) stock in their portfolio include Residential REIT ETF (HAUS), Kelly Residential & Apartment Real Estate ETF (RESI), Nuveen Short-Term REIT ETF (NURE) and Intelligent Real Estate ETF (PRVT).iShares Residential and Multisector Real Estate ETF (REZ). What guidance has Veris Residential issued on next quarter's earnings? Veris Residential issued an update on its FY 2024 earnings guidance on Wednesday, April, 24th. The company provided EPS guidance of 0.500-0.540 for the period, compared to the consensus EPS estimate of 0.540. The company issued revenue guidance of -. Who are Veris Residential's major shareholders? Veris Residential's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (13.44%), Nordea Investment Management AB (0.61%), Daiwa Securities Group Inc. (0.55%), Principal Financial Group Inc. (0.45%), Sei Investments Co. (0.27%) and Hazelview Securities Inc. (0.20%). 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 6/15/2024 by MarketBeat.com Staff From Our PartnersThe #1 Crypto That You Don’t Own… YetThere’s all kinds of “signals” to follow when investing in cryptos. But there’s one signal you should pay a...Crypto 101 Media | SponsoredCollect 10%+ Dividends from AI's Explosive Growth?What if I told you there was a way to collect double-digit income from the AI revolution... Without having ...The Oxford Club | SponsoredTiny, One-Half Inch Pellet the Key to INFINITE Energy?It’s a tiny, $1 billion company that holds the key to this power. And yet, it’s the largest company of its ...Eagle Publishing | SponsoredBiden’s Tax Plan Could Destroy Your Retirement Savings!Leading economists are issuing stark warnings: The anticipated capital gains tax increase under President B...GoldenCrest Metals | SponsoredGold Set to EXPLODE!The perfect storm is brewing to drive gold's price through the roof! And our weakening dollars are causing ...Gold Safe Exchange | SponsoredTop 5 Tech Stocks to Buy for 2024The next evolution of technology is already upending industries worth $7 Trillion… It's already got the world'...Daily Market Alerts | SponsoredTop 5 AI Stocks to Buy for 2024The electric vehicle boom is accelerating – and fast.Market Moving Trends | SponsoredHurry! Buy this stock before the Robinhood traders do!Robinhood traders have piled $78 billion into this market... Driving tiny tech stock gains of 3,000%, 8,942...Traders Agency | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Veris Residential, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Veris Residential With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.