VRE

Veris Residential Inc

VRE.US verisresidential.com
Price N/A
USD · NYSE
52-week range
13.94
32.73
Market Cap
1.94B
P/E Ratio
26.01
Forward P/E
16.92
Book Value
12.34
Div. Yield
1.68%
% Institutions
97.04%
% Insiders
12.74%

1 Year

+122.6%

3 Year

+101.5%

10 Year

+49.6%
Description

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.

Company Information

Company Name
Veris Residential Inc
Sector
Real Estate
Industry
REIT - Residential
Exchange
NYSE
ISIN: US5544891048
CIK: 0000924901
CUSIP: 554489104
Currency: USD
Full Time Employees: 181
Phone: 732 590 1010
Fiscal Year End: December
IPO Date: Aug 25, 1994
Description:

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.

Address:

Harborside 3, 210 Hudson Street, Jersey City, NJ, United States, 07311-1206

People

Directors & Officers

Name Title Year Born
Mr. Mahbod Nia A.C.A. CEO & Director 1976
Ms. Amanda E. Lombard CPA Chief Financial Officer 1984
Ms. Anna Malhari Executive VP & COO 1986
Ms. Taryn D. Fielder Executive VP, General Counsel & Secretary 1978
Mr. Brian Primost Senior VP & Head of Investments NA
Ms. Heather Gamble Senior VP & Chief Accounting Officer NA
Mackenzie Rice Director of Investor Relations NA
Ms. Nicole Jones Senior VP & Chief Marketing Officer NA
Ms. Lori Jean Milo Senior Vice President of Human Resources NA
Ms. Susan Epstein Senior Vice President of Legal NA

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Jun 17, 2025 Lisa C. McClain N/A Sale N/A $14.86 N/A
Jun 11, 2025 Lisa C. McClain N/A Purchase N/A $15.21 N/A
Jun 20, 2024 Mahbod Nia N/A Purchase 35.00K $14.32 $501.20K
Jun 20, 2024 Nori Gerardo Lietz N/A Purchase 10.00K $14.31 $143.10K
Aug 30, 2023 A. Akiva Katz N/A Sale 100.00K $18.83 $1.88M

Shareholders

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 15.07M Mar 31, 2026 16.06% $0.01 -2.68%
Vanguard Group Inc 11.70M Dec 31, 2025 12.47% $0.00 -1.29%
H/2 Credit Manager LP 5.47M Mar 31, 2026 5.83% $20.67 0.00%
State Street Corp 4.59M Mar 31, 2026 4.90% $0.00 -0.48%
Madison International Realty Holdings, LLC 3.69M Dec 31, 2025 3.93% $100.00 -28.91%
Bank of America Corp 3.07M Mar 31, 2026 3.27% $0.00 20.96%
Polar Asset Management Partners 2.72M Mar 31, 2026 2.90% $1.03 0.00%
Balyasny Asset Management LLC 2.68M Mar 31, 2026 2.86% $0.07 344.65%
First Trust Capital Management L.P. 2.48M Mar 31, 2026 2.64% $2.46 0.00%
Geode Capital Management, LLC 2.14M Mar 31, 2026 2.28% $0.00 3.91%
Fidelity International Ltd 1.85M Mar 31, 2026 1.97% $0.03 0.00%
Charles Schwab Investment Management Inc 1.54M Mar 31, 2026 1.64% $0.00 -2.41%
Soros Fund Management LLC 1.53M Mar 31, 2026 1.63% $0.32 0.00%
Legal & General Group PLC 1.52M Mar 31, 2026 1.62% $0.01 -4.07%
Northern Trust Corp 1.44M Mar 31, 2026 1.54% $0.00 8.83%
JPMorgan Chase & Co 1.39M Mar 31, 2026 1.48% $0.00 2.18%
Arrowstreet Capital Limited Partnership 1.30M Mar 31, 2026 1.39% $0.01 20.67%
Renaissance Technologies Corp 965.90K Mar 31, 2026 1.03% $0.03 86.40%
Two Sigma Investments LLC 943.88K Mar 31, 2026 1.01% $0.01 121.95%
Nuveen, LLC 905.53K Mar 31, 2026 0.97% $0.00 -19.91%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 iShares Core S&P Small-Cap ETF 4.95M 5.28% ▲ 0.02% Apr 30, 2026
2 Vanguard Real Estate Index Investor 3.12M 3.32% ▼ 0.34% Apr 30, 2026
3 Vanguard Total Stock Mkt Idx Inv 2.44M 2.60% ▲ 0.39% Apr 30, 2026
4 iShares Russell 2000 ETF 1.87M 2.00% ▲ 0.85% Apr 30, 2026
5 Vanguard Small Cap Index 1.73M 1.84% ▲ 0.03% Apr 30, 2026
6 Vanguard Small Cap Value Index Inv 1.11M 1.18% ▲ 0.71% Apr 30, 2026
7 Vanguard Institutional Extnd Mkt Idx Tr 915.15K 0.98% ▲ 1.04% Apr 30, 2026
8 FID DC L&G Heitman Property Fund 811.89K 0.87% ▼ 7.60% Mar 31, 2026
9 State Street SPDR Port S&P 600 Sm CpETF 745.63K 0.79% ▲ 0.03% Apr 30, 2026
10 Fidelity Small Cap Index 742.99K 0.79% ▲ 1.32% Feb 28, 2026

Financial Highlights

Market Cap: $1.94B
EBITDA: $144.24M
P/E Ratio: $26.01
PEG Ratio: $8.59
Book Value: $12.34
Dividend/Share: $0.32
Dividend Yield: 1.68%
Earnings/Share: $0.73
Profit Margin: 24.62%
Operating Margin: 18.55%
ROA (TTM): 1.29%
ROE (TTM): 5.93%
Revenue (TTM): $292.16M
Revenue/Share (TTM): $3.13
Earnings Growth (YOY): 269.40%
Revenue Growth (YOY): -1.60%

Valuation Metrics

Enterprise Value: $3.26B
Trailing P/E: 26.01
Forward P/E: 16.92

Shares Statistics

Shares Outstanding: 93.84M
Shares Float: 81.42M
% Insiders: 12.74%
% Institutions: 97.04%
Short % Float: 1.59%

Stock Price History

1 Year Price History

3 Years Price History

10 Years Price History

Financial Charts

Revenue, Net Income & Operating Cash Flow (Yearly)

Revenue, Net Income & Operating Cash Flow (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$288.43M
Cost of Goods Sold
adjust
$-284.81M
Gross Profit
subtotal
$3.62M
SG&A
adjust
$-36.75M
Other Operating Expense
adjust
$-9.01M
Operating Income
subtotal
$49.38M
Other / Non-Operating Items
adjust
$25.86M
Net Income
subtotal
$75.24M

Earnings Per Share (EPS) History

Financial Ratios

📦 Raw API Data (JSON Explorer)

Assistant

×
Hello! I'm your AI assistant. I have access to the financial data on this page. Ask me anything about VRE.US!