Veris Residential, Inc. VRE R2K

Real Estate · REIT - Residential · United States

https://www.verisresidential.com

Veris Residential, Inc. is a forward-thinking real estate investment trust (REIT) that primarily owns, operates, acquires and develops premier Class A multifamily properties in the Northeast. Our technology-enabled, vertically integrated operating platform delivers a contemporary living experience aligned with residents' preferences while positively impacting the communities we serve. We are guided by an experienced management team and Board of Directors, underpinned by leading corporate governance principles; a best-in-class approach to operations; and an inclusive culture based on meritocratic empowerment. Veris Residential, Inc.is based in Jersey City, United States.

Market & Price

Market Cap

$1.94B

Current Price

$18.99

High / Low (52W)

$19.00 / $13.54

Beta

1.07

Valuation

Stock P/E

26.01

Industry PE

26.58

Forward P/E

PEG Ratio

8.59

Book Value

$12.34

Price to Book

1.54

P/S

6.65

EV/EBITDA

22.58

Dividend Yield

1.69%

Profitability & Returns

ROCE

6.28%

ROE

5.92%

ROA

1.29%

Profit Margin

24.62%

Op Margin

18.55%

EPS (Latest Qtr)

$-0.15

EPS (TTM)

$0.73

Balance Sheet & Liquidity

Debt/Equity

1.09

Quick Ratio

0.04

Current Ratio

0.12

Debt

$1.37B

Total Assets

$2.71B

Current Assets

$33.91M

Working Capital

$-65.84M

Ownership

Promoter Holding

12.74%

Chg in Prom Hold

FII / Inst Holding

97.04%

Chg in FII Hold

Financial Snapshot

Enterprise Value

$3.26B

Total Revenue (TTM)

$292.16M

EBITDA

$144.24M

Free Cash Flow

$109.34M

Operating Cash Flow

$76.82M

Shares Outstanding

93.84M

Gross Margin

62.12%

Payout Ratio

43.84%

Growth (CAGR)

Revenue 5Y

10.57%

Profit 5Y

81.50%

Revenue (YoY)

-1.60%

Earnings (YoY)

PROS

Excellent profit margin of 24.6%.
Compounding revenue at 10.6% over 5 years.
Profit CAGR of 81.5% over 5 years.
Generates positive free cash flow.
In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Period: Metric:

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Real Estate).

#	Name	CMP $	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	VRE Veris Residential, Inc. R2K	18.99	26.01	$1.94B	1.69%	6.28%	5.92%	10.57%	81.50%
2	WELL Welltower Inc. SPX	205.33	99.19	$144.95B	1.44%	0.26%	3.67%	22.69%	87.90%
3	PLD Prologis, Inc. SPX	143.47	36.14	$133.76B	2.98%	4.94%	6.84%	13.74%	-0.36%
4	EQIX Equinix, Inc. SPX	1,068.04	74.07	$105.33B	1.84%	5.61%	10.06%	8.27%	24.18%
5	AMT American Tower Corporation SPX	186.96	30.11	$87.10B	3.73%	7.82%	29.95%	3.34%	12.73%
6	SPG Simon Property Group, Inc. SPX	204.91	14.25	$77.86B	4.29%	17.44%	113.59%	6.35%	29.32%
7	DLR Digital Realty Trust, Inc. SPX	190.00	50.53	$67.96B	2.57%	3.99%	5.69%	9.22%	51.32%
8	O Realty Income Corporation SPX	61.28	50.23	$57.14B	5.30%	3.27%	2.83%	19.80%	6.78%
9	PSA Public Storage SPX	303.69	31.34	$53.31B	3.95%	10.69%	20.18%	4.88%	-25.69%

Quarterly Results

Figures in USD.

Metric	Dec 2015	Mar 2016	Jun 2016	Sep 2016	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Mar 2023	Jun 2023	Sep 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	-	-	-	-	-	149.89M	162.77M	160.02M	143.53M	98.28M	86.21M	90.95M	90.28M	91.80M	88.14M	89.04M	88.23M	83.60M	74.20M	79.20M	76.56M	76.09M	79.69M	82.18M	88.23M	46.17M	53.81M	63.13M	62.60M	64.21M	66.47M	67.34M	67.48M	-	-	67.76M	75.93M	73.44M	71.31M	70.10M
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27.40M	29.18M	29.58M	26.13M	25.78M
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40.36M	46.74M	43.86M	45.18M	44.32M
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	31.32M	32.08M	29.59M	30.03M	31.77M
Operating Income	-11.38M	27.23M	27.37M	27.93M	22.11M	24.80M	27.95M	29.20M	-	20.17M	18.90M	17.50M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9.04M	14.67M	14.27M	15.15M	12.55M
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30.39M	59.04M	120.89M	39.58M	23.57M
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22.96M	24.60M	22.24M	18.77M	17.87M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-13.82M	11.96M	77.58M	-661.00K	-15.53M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	42.00K	93.00K	35.00K	61.00K	69.00K
Net Income	-31.72M	62.19M	48.39M	-8.54M	15.18M	19.88M	-37.33M	38.05M	2.58M	43.04M	-1.25M	-1.48M	43.80M	244.50M	-22.05M	-55.93M	-54.65M	-39.92M	-34.89M	-42.21M	65.63M	7.62M	-72.08M	-28.31M	-26.27M	-9.09M	26.37M	-101.22M	-19.97M	-27.43M	-54.81M	-3.90M	2.92M	-	-	-10.70M	10.90M	75.24M	-203.00K	-14.01M
Diluted EPS	-0.35	0.69	0.54	-0.10	0.17	0.11	-0.44	0.39	-0.01	0.45	-0.05	-0.05	0.45	2.66	-0.43	-0.65	-0.64	-0.47	-0.41	-0.49	0.67	0.06	-0.81	-0.33	-0.32	-0.13	0.25	-1.10	-0.27	-0.30	-0.60	-0.04	0.03	-	-	-0.12	0.12	0.80	0.00	-0.15

Profit & Loss (Annual)

Figures in USD.

Metric	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Revenue	-	-	-	-	-	-	-	-	613.40M	459.03M	371.72M	357.20M	307.48M	-	213.35M	260.30M	271.07M	288.43M
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	98.76M	107.34M	111.06M	112.29M
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	114.59M	152.95M	160.01M	176.15M
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	133.82M	130.68M	121.83M	123.02M
Operating Income	221.17M	223.67M	215.42M	181.30M	160.44M	33.59M	88.81M	-96.33M	104.64M	105.35M	-	-	-	-	-19.23M	22.27M	38.18M	53.13M
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	104.90M	104.51M	140.05M	249.90M
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	66.38M	139.14M	87.98M	88.58M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-39.38M	-120.86M	-30.70M	75.06M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	492.00K	276.00K	231.00K
Net Income	51.73M	52.57M	52.90M	69.68M	40.92M	-14.91M	28.57M	-125.75M	117.22M	23.18M	84.11M	111.86M	-51.39M	-	-52.07M	-107.27M	-23.12M	75.24M
Diluted EPS	0.79	0.71	0.67	0.81	0.47	-0.17	0.32	-1.41	1.30	0.06	0.80	0.95	-0.70	-	-0.63	-1.22	-0.25	0.80

Compounded Sales Growth

5 Years:	10.57%
1 Year:	-1.60%

Compounded Profit Growth

5 Years:	81.50%
1 Year:	-

Stock Price Performance

1 Year:	+27.49%
6 Months:	+27.81%
3 Months:	+1.28%
1 Month:	+0.32%

Balance Sheet (Annual)

Figures in USD.

Metric	Dec 2007	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Total Assets	-	-	4.72B	4.36B	4.30B	4.53B	4.52B	4.19B	4.05B	4.30B	4.96B	5.06B	5.29B	5.15B	-	3.92B	3.24B	2.98B	2.71B
Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	285.55M	121.43M	35.23M	33.91M
Cash & Equivalents	24.72M	21.62M	291.06M	21.85M	20.50M	58.24M	221.71M	29.55M	37.08M	31.61M	28.18M	29.63M	25.59M	38.10M	-	26.78M	28.01M	7.25M	14.13M
Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	193.93M	58.61M	7.29M	0
Receivables	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.92M	2.74M	1.38M	911.00K
Total Liabilities	-	-	2.58B	2.32B	2.14B	2.46B	2.60B	2.31B	2.37B	2.57B	3.08B	3.03B	3.09B	3.04B	-	2.01B	1.94B	1.74B	1.43B
Current Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	102.22M	82.60M	416.89M	99.76M
Long Term Debt	-	-	-	2.09B	1.91B	2.20B	2.36B	2.09B	2.15B	2.34B	2.81B	2.79B	2.81B	2.80B	-	1.90B	1.85B	1.32B	1.33B
Total Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.90B	1.85B	1.67B	1.36B
Total Equity	-	-	1.83B	1.76B	1.89B	1.77B	1.64B	1.62B	1.46B	1.53B	1.48B	1.49B	1.49B	1.40B	-	1.24B	1.14B	1.10B	1.15B
Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	91.14M	92.23M	92.91M	93.43M

Cash Flows (Annual)

Figures in USD.

Metric	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Operating Cash Flow	275.99M	294.69M	223.04M	252.06M	244.71M	198.69M	159.25M	169.46M	100.11M	196.14M	167.07M	131.84M	85.42M	-	66.45M	45.54M	52.33M	75.97M
Investing Cash Flow	-88.53M	-80.10M	-89.03M	-94.18M	-232.36M	-28.98M	50.32M	-222.53M	-138.21M	-564.73M	-168.15M	-416.07M	28.46M	-	220.09M	579.65M	162.05M	445.43M
Financing Cash Flow	-190.55M	54.85M	-403.22M	-159.24M	25.40M	-6.25M	-401.73M	60.61M	51.24M	351.00M	-17.34M	275.85M	-102.75M	-	-290.35M	-618.26M	-244.65M	-516.35M
Capital Expenditure	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-	-	-	-	-	-	-	66.45M	45.54M	52.33M	75.97M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3.81M	6.93M	-30.27M	5.05M
Share Buybacks	5.20M	-	-	-	11.01M	-	-	-	-	-	-	7.77M	2.69M	898.00K	2.69M	142.00K	0	456.00K

Ratios (Annual)

Figures in %.

Metric	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Gross Margin %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	53.7%	58.8%	59.0%	61.1%
Operating Margin %	-	-	-	-	-	-	-	-	17.1%	22.9%	-	-	-	-	-9.0%	8.6%	14.1%	18.4%
Net Margin %	-	-	-	-	-	-	-	-	19.1%	5.1%	22.6%	31.3%	-16.7%	-	-24.4%	-41.2%	-8.5%	26.1%
ROE %	-	2.9%	3.0%	3.7%	2.3%	-0.9%	1.8%	-8.6%	7.7%	1.6%	5.7%	7.5%	-3.7%	-	-4.2%	-9.4%	-2.1%	6.5%
ROCE %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.5%	0.7%	1.5%	2.0%

Shareholding Pattern

Insiders

12.74%

Institutions

97.04%

Public Float

111.21%

Top Institutional Holders

#	Holder	% Held	Shares	Value
1	Blackrock Inc.	16.06%	15.07M	$286.13M
2	Vanguard Portfolio Management LLC	8.58%	8.05M	$152.88M
3	H/2 Credit Manager, LP	5.83%	5.47M	$103.93M
4	State Street Corporation	4.90%	4.59M	$87.24M
5	Vanguard Capital Management LLC	3.70%	3.47M	$65.87M
6	Bank of America Corporation	3.27%	3.07M	$58.29M
7	Polar Asset Management Partners Inc.	2.90%	2.72M	$51.74M
8	Balyasny Asset Management LP	2.86%	2.68M	$50.89M
9	First Trust Capital Management L.P.	2.64%	2.48M	$47.10M
10	Geode Capital Management, LLC	2.28%	2.14M	$40.71M

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