8-K Announcements
6Material company update
Feb 23, 2026·SEC
Material company update
Feb 23, 2026·SEC
Material company update
Nov 12, 2025·SEC
Veris Residential, Inc.(VRE)Earnings, Financials & Key Ratios
VRE•NYSE•REIT / Real Estate
$18.99
23.7× P/E·Price updated Jul 2, 2026
AboutVeris 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/.Show more
- Revenue$288M+6.4%
- FFO$162M+169.1%
- FFO/Share1.58+166.5%
- FFO Payout20.44%-49.0%
- FFO per Share1.58+166.5%
- NOI Margin1.26%+161.5%
- FFO Margin55.99%+152.9%
- ROE5.98%+434.6%
- ROA2.64%+461.8%
VRE Price & Volume
Veris Residential, Inc. (VRE) stock price & volume — 10-year historical chart
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Portfolio Transition Masks Underlying Operational Earnings Volatility
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Mixed
Profitability:Strained
Financial:Mixed
Cash Flow:Mixed
Primary Risk:Geographic concentration in NJ
Key Thesis Takeaways
- Veris Residential is currently navigating a complex transformation into a pure-play multifamily REIT, characterized by significant asset divestitures that have resulted in a $2.7B asset base as of 2026Q1.
- While the company has successfully bolstered its liquidity with $2.6B in cash, investors should remain cautious regarding the sustainability of dividends, as the 2026Q1 AFFO of $1.2M failed to cover the $8.5M dividend payout.
- Future performance remains contingent on the company's ability to stabilize NOI margins, which have fluctuated wildly from -7.0% in 2023Q4 to 88.9% in 2026Q1.
Verdict Logic
while the company holds a significant $2.6B cash position, the 151.8% FFO payout ratio in 2026Q1 suggests that current dividend levels may be unsustainable without further capital recycling.
VRE Growth Metrics
Veris Residential, Inc. (VRE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-6.98%
5 Years-1.66%
3 Years7.3%
TTM7.11%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM336.18%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM352.57%
Return on Capital
10 Years0.99%
5 Years0.64%
3 Years1.28%
Last Year2.03%
VRE Recent Earnings
Veris Residential, Inc. (VRE) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 9/12 qtrs (75%)
Q2 2026Latest
Apr 22, 2026Metric
Actual
Est
EPS
$0.06-66.7%
$0.18
Rev
$70M+10.8%
$63M
Q1 2026
Feb 23, 2026Metric
Actual
Est
EPS
$0.19+18.8%
$0.16
Rev
$71M+0.5%
$71M
Q4 2025
Oct 22, 2025Metric
Actual
Est
EPS
$0.20+33.3%
$0.15
Rev
$73M+3.7%
$71M
Q3 2025
Jul 23, 2025Metric
Actual
Est
EPS
$0.17+21.4%
$0.14
Rev
$76M+3.0%
$74M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 22, 2026 | $0.06vs $0.18-66.7% | $70Mvs $63M+10.8% |
| Q1 2026 | Feb 23, 2026 | $0.19vs $0.16+18.8% | $71Mvs $71M+0.5% |
| Q4 2025 | Oct 22, 2025 | $0.20vs $0.15+33.3% | $73Mvs $71M+3.7% |
| Q3 2025 | Jul 23, 2025 | $0.17vs $0.14+21.4% | $76Mvs $74M+3.0% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Veris Residential, Inc. (VRE)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $18.99 | $1.78B | 23.74 | 6.4% | 26.09% | 5.98% | 1.7% | |
| $40.96 | $13.35B | 36.25 | 2.42% | 28.6% | 12.37% | — | |
| $116.95 | $12.25B | 33.04 | 1.92% | 32.81% | 8.71% | — | |
| $69.93 | $26.2B | 24.03 | 4.06% | 30.56% | 8.4% | — | |
| $298.00 | $19.21B | 28.63 | 7.11% | 30.17% | 9.99% | — | |
| $2.94 | $422.94M | 0.76 | -33.64% | 186.21% | 54.65% | — |
Compare VRE vs Peers
Veris Residential, Inc. (VRE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
VRE SEC Filings & Documents
Veris Residential, Inc. (VRE) SEC filings — annual & quarterly reports (10-K, 10-Q)
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VRE Frequently Asked Questions
Veris Residential, Inc. (VRE) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Veris Residential, Inc.'s revenue?
Veris Residential, Inc. (VRE) reported $290.8M in revenue for fiscal year 2025. This represents a 205% increase from $95.5M in 1996.
How fast is Veris Residential, Inc. growing?
Veris Residential, Inc. (VRE) grew revenue by 6.4% over the past year. This is steady growth.
Is VRE profitable?
Yes, Veris Residential, Inc. (VRE) is profitable, generating $70.3M in net income for fiscal year 2025 (26.1% net margin).
Dividend & Returns
Does VRE pay dividends?
Yes, Veris Residential, Inc. (VRE) pays a dividend with a yield of 1.70%. This makes it attractive for income-focused investors.
What is VRE's return on equity?
Veris Residential, Inc. (VRE) has a return on equity (ROE) of 6.0%. This is below average, suggesting room for improvement.
Industry Metrics
What is Veris Residential, Inc.'s FFO?
Veris Residential, Inc. (VRE) generated Funds From Operations (FFO) of $156.6M in the trailing twelve months. FFO is the primary profitability metric for REITs.