Veris Residential (NYSE: VRE) CEO receives phantom stock award
Veris Residential's CEO, Nia Mahbod, was granted 16.129 phantom stock units as non-cash compensation, valued at $18.87 per unit. These units, which increase her direct phantom holdings to 3,820.554 units, were credited as a quarterly dividend on previously granted phantom units under the company's Deferred Compensation Plan for Directors. They will convert to common stock on a one-for-one basis upon termination of her board service or a change in control of the company.
Veris Residential, Inc. (NYSE:VRE) Given Average Rating of "Hold" by Brokerages
Brokerages have issued a consensus "Hold" rating for Veris Residential, Inc. (NYSE:VRE), with an average 12-month price target of $19.50. The company recently exceeded quarterly earnings expectations and declared a quarterly dividend of $0.08 per share. Several hedge funds have also adjusted their positions in Veris Residential, with institutional investors holding approximately 93% of the company's stock.
Veris Residential (VRE) Sees Analyst Rating Update from Citigrou
Citigroup analyst Nick Joseph recently updated the rating for Veris Residential (VRE), maintaining a Neutral stance but increasing the price target from $16.00 to $19.00. This adjustment aligns with other recent analyst updates for the real estate investment trust, which primarily owns and operates multifamily rental properties in the Northeast. The average target price from five analysts is $19.40, suggesting a slight upside from the current price, while GuruFocus estimates a potential downside based on its GF Value.
SG Americas Securities LLC Invests $7.72 Million in Veris Residential, Inc. $VRE
SG Americas Securities LLC has acquired a new stake of 518,835 shares, valued at approximately $7.72 million, in Veris Residential (NYSE:VRE) during the fourth quarter, representing about 0.56% ownership. Veris Residential reported strong Q4 earnings, beating estimates with EPS of $0.19 and revenue of $71.31 million, and announced a quarterly dividend of $0.08 per share. The stock is primarily held by institutional investors (93.04%), with a consensus "Hold" rating from Wall Street analysts and an average price target of $19.67.
Veris Residential Stock Faces Potential Buyout at $19 Per Share Amid REIT Sector Shifts
Veris Residential (NYSE: VRE) is reportedly in discussions for a sale to an investor consortium led by Affinius Capital and Vista Hill Partners for $19.00 per share. This potential buyout, reflecting a premium to recent trading levels, is attracting significant attention from North American investors due to its implications for shareholder value and the REIT's strategic focus on multifamily properties in high-density Northeast markets. The deal's completion hinges on shareholder and regulatory approvals, with current analyst consensus holding a 'Hold' rating on the stock with a 12-month price target around $19.20.
Top 2 Real Estate Stocks That May Keep You Up At Night This Month
This article identifies two real estate stocks, Peakstone Realty Trust (PKST) and Veris Residential Inc (VRE), that are currently considered overbought based on their high Relative Strength Index (RSI) values. Peakstone Realty has seen significant gains despite downbeat quarterly results, while Veris Residential recently reported strong FFO and announced an acquisition. Investors are cautioned about their current momentum and high RSI scores.
Veris Residential (NYSE:VRE) Stock Price Expected to Rise, Truist Financial Analyst Says
Truist Financial has raised its price target for Veris Residential (NYSE:VRE) from $15 to $19, maintaining a "hold" rating, suggesting a minimal upside of 0.4% from its current price. This adjustment follows Veris Residential's recent quarterly earnings, where it surpassed analyst expectations with $0.19 EPS on $71.31 million in revenue. The stock currently holds a consensus "Hold" rating and a price target of $19.67, with institutional ownership at approximately 93%.
Top 2 Real Estate Stocks That May Keep You Up At Night This Month
This article identifies two real estate stocks, Peakstone Realty Trust (PKST) and Veris Residential Inc (VRE), as potentially overbought based on their high Relative Strength Index (RSI) values above 70. Both companies have seen significant stock gains and the article details recent financial and corporate developments for each, cautioning investors who prioritize momentum.
Veris Residential (NYSE:VRE) Sets New 52-Week High - Time to Buy?
Veris Residential (NYSE:VRE) recently hit a new 52-week high of $18.92, trading above its key moving averages, following an earnings beat with $0.19 EPS against estimates of $0.16. Despite a recent analyst downgrade to "Hold" from Wall Street Zen, the REIT declared a quarterly dividend of $0.08, representing a 1.7% yield. Institutional investors hold a significant 93% stake in the company.
Veris Residential stock hits 52-week high at $18.91
Veris Residential (VRE) stock reached a new 52-week high of $18.91, showing strong year-to-date and six-month gains, indicating robust performance and investor confidence. This development follows the announcement of an agreement for Veris Residential to be acquired by an investor consortium for $3.4 billion, taking the company private at $19.00 per share. Although the stock is performing well, InvestingPro analysis suggests it is currently trading above its Fair Value.
Veris Residential (NYSE: VRE) COO vests RSUs, covers taxes in stock
Veris Residential's COO, Malhari Anna, vested 22,956 performance-vesting restricted stock units (PVRSUs) on March 16, 2026, while forfeiting 4,327 units that did not meet performance goals. To cover tax obligations related to both PVRSUs and time-vesting RSUs, Anna surrendered a total of 15,071 common shares. Following these transactions, Anna directly holds 136,240 shares of common stock in Veris Residential.
Veris Residential (NYSE: VRE) EVP vests RSUs and withholds shares for taxes
Veris Residential EVP Taryn D. Fielder vested 28,693 performance-based restricted stock units (RSUs) on March 16, 2026, while 5,409 units were forfeited. To cover tax obligations from both performance and time-vesting RSUs, a total of 15,504 common shares were withheld at prices around $18.88 per share. After these transactions, Fielder directly holds 138,330 shares of Veris Residential common stock.
Veris Residential (NYSE: VRE) CEO nets shares after equity awards vest
Veris Residential (NYSE: VRE) CEO Nia Mahbod received 153,041 shares from the vesting of performance restricted stock units, while 28,844 units were forfeited. A total of 97,094 shares were used to cover tax obligations, rather than being sold in the open market. Following these transactions, Mahbod directly holds 586,416 shares and indirectly holds an additional 380,869 shares.
Veris Residential (VRE) Sees Accelerated Q2 NOI Growth, Lifts Forecast
Veris Residential (VRE) reported accelerated Q2 Net Operating Income (NOI) growth, driven by strong same-store NOI performance. The company has consequently raised its full-year 2024 guidance for same-store NOI, indicating a positive outlook for its financial performance.
Lighthouse Investment Partners LLC Buys 472,932 Shares of Veris Residential, Inc. $VRE
Lighthouse Investment Partners LLC significantly increased its holdings in Veris Residential, Inc. (NYSE:VRE) by 4,112.5% in the third quarter, acquiring an additional 472,932 shares. Several other institutional investors also adjusted their positions in VRE. The company recently declared a quarterly dividend of $0.08 per share, payable on April 10th.
VRE SEC Filings - Veris Residential Inc 10-K, 10-Q, 8-K Forms
This page provides access to Veris Residential Inc. (NYSE: VRE) SEC filings, including 10-K, 10-Q, and 8-K forms, detailing the company's financial condition and material events. Stock Titan offers AI-powered summaries and real-time updates for these regulatory documents, helping investors understand the implications for this multifamily REIT. Recent filings include insider trading activities and an 8-K disclosing amendments to its credit facility to facilitate debt reduction and lower borrowing costs.
[Form 4] Veris Residential, Inc. Insider Trading Activity
Veris Residential, Inc.'s EVP & Chief Operating Officer, Anna Malhari, reported a tax-related disposition of 3,048 shares of common stock on March 12, 2026. These shares were forfeited to cover taxes on restricted stock units that vested. Following this transaction, Malhari directly holds 128,355 shares, noting this was a non-open-market, automatic withholding event.
Veris Residential (VRE) CEO logs tax-related share forfeiture, retains large stake
Veris Residential CEO Nia Mahbod reported a tax-related disposition of 24,107 shares on March 12, 2026, valued at $18.868 per share. This forfeiture was to cover taxes on vested restricted stock units and was not an open-market sale. Following this transaction, Mahbod retains a substantial equity position, directly holding 530,469 shares and indirectly holding 380,869 shares through a family LLC.
Argosy Lionbridge Management LLC Sells 372,132 Shares of Veris Residential, Inc. $VRE
Argosy Lionbridge Management LLC significantly reduced its stake in Veris Residential, Inc. (NYSE:VRE) by selling 372,132 shares, decreasing its holdings by 58.4%. Despite this sale, Veris Residential remains the firm's 10th largest holding, and institutional investors collectively own 93.04% of the company's stock. The company recently reported strong earnings, beating analyst estimates, and announced a quarterly dividend.
Veris Residential (VRE) COO withholds 3,644 shares to cover RSU taxes
Veris Residential's EVP & Chief Operating Officer, Malhari Anna, reported a tax-related disposition where 3,644 shares of common stock were withheld to cover taxes on vested restricted stock units. This was a non-market transaction at $18.853 per share, and following this, Anna holds 131,403 shares. The event is noted as having a neutral impact and sentiment.
Cbre Investment Management Listed Real Assets LLC Has $19.37 Million Stock Holdings in Veris Residential, Inc. $VRE
CBRE Investment Management Listed Real Assets LLC has significantly increased its stake in Veris Residential, Inc. (VRE) by 5.3% in Q3, now holding 1,274,190 shares valued at approximately $19.37 million. This move is part of a broader trend, as several institutional investors like Balyasny, JPMorgan, Prudential, Goldman Sachs, and Qube Research have materially boosted their positions, collectively leading to institutional investors owning 93.04% of VRE. Analysts currently maintain a "Hold" rating for the stock, with an average target price of $18.67, following Veris Residential's recent beat on Q earnings estimates and its announcement of a quarterly dividend.
Top 2 Real Estate Stocks That Are Ticking Portfolio Bombs
This article identifies Peakstone Realty Trust (NYSE: PKST) and Veris Residential Inc (NYSE: VRE) as overbought real estate stocks based on their Relative Strength Index (RSI) values. Both companies have RSIs above 70, indicating potential for short-term reversals. Peakstone Realty recently posted downbeat quarterly results, while Veris Residential reported better-than-expected FFOs and announced an acquisition.
A Look At Veris Residential (VRE) Valuation After Recent Share Price Momentum
Veris Residential (VRE) has seen significant short-term share price momentum, with double-digit returns over the past one and three months, driven by its focus on Class A multifamily properties. While its Price-to-Earnings ratio of 24.6x appears high compared to an estimated fair P/E of 15.4x, it is lower than industry peers, and a discounted cash flow (DCF) model suggests the stock is currently trading at a modest 2.7% discount to its fair value of $19.39. Despite the mixed signals, including a net income decline, investors are encouraged to conduct further due diligence on the company's full financial picture.
Veris Residential Declares First Quarter 2026 Cash Dividend
Veris Residential, Inc. (NYSE: VRE), a Class A multifamily REIT, announced a cash dividend of $0.08 per share for the first quarter of 2026. The dividend will be paid on April 10, 2026, to shareholders of record as of March 31, 2026. The company focuses on owning and operating premier multifamily properties in the Northeast.
Jersey City-Based Veris Residential Sells for $3.4 Billion
Veris Residential, a prominent Jersey City real estate company, has agreed to be acquired by an investor consortium led by Affinius Capital and Vista Hill Partners for $3.4 billion in an all-cash deal. This sale follows Veris Residential's strategic shift from office properties to a pure-play multifamily REIT, selling off numerous commercial assets and development sites in recent years. The acquisition, which has been unanimously approved by Veris' board, is expected to close in the second quarter of this year.
Veris Residential, Inc. (NYSE:VRE) to Issue Quarterly Dividend of $0.08
Veris Residential, Inc. (NYSE:VRE) has declared a quarterly dividend of $0.08 per share, payable on April 10th to shareholders of record on March 31st, implying a 1.7% yield. Despite a current negative payout ratio, analysts anticipate future earnings will sufficiently cover the annual dividend. The company recently exceeded earnings per share and revenue estimates, with the stock trading near its 1-year high.
Veris Residential Declares First Quarter 2026 Cash Dividend
Veris Residential, Inc. announced that its Board of Directors has declared a cash dividend of $0.08 per share on its common stock for the first quarter of 2026. The dividend will be paid on April 10, 2026, to shareholders of record as of March 31, 2026. Veris Residential is a Northeast-focused Class A multifamily REIT.
Veris Residential Declares First Quarter 2026 Cash Dividend
Veris Residential, Inc. announced that its Board of Directors has declared a cash dividend of $0.08 per share for the first quarter of 2026. The dividend is for the period ending March 31, 2026, and will be paid on April 10, 2026, to shareholders on record as of March 31, 2026. Veris Residential is a Class A multifamily REIT focused on the Northeast region.
Veris Residential, Inc. (VRE) Competitors
This article provides a detailed comparison of Veris Residential, Inc. (VRE) with its competitors in the Real Estate REIT - Residential sector. It includes a table with fundamental metrics like price, market cap, P/E ratio, EPS, and dividend yield for various companies. The article also offers individual comparisons of VRE against several key competitors, analyzing their market capitalization, trading prices, P/E ratios, Return on Equity (ROE), and short-term volatility.
VRE Financials: Income Statement, Balance Sheet & Cash Flow
This article provides an in-depth financial overview of Veris Residential Inc (VRE) for fiscal year 2025, derived from SEC filings. It details the company's income statement, balance sheet, and cash flow, highlighting key metrics like an annual revenue of $288.4M, net income of $75.2M, and an EPS of $0.80. The report also assesses VRE's financial health with a Piotroski F-Score of 6/9 and a cash-backed earnings quality ratio of 1.01x.
JPMorgan Chase & Co. Has $36.09 Million Position in Veris Residential, Inc. $VRE
JPMorgan Chase & Co. significantly increased its stake in Veris Residential, Inc. (NYSE:VRE) by 26.8% in Q3, now holding 2,374,440 shares valued at approximately $36.09 million. This makes JPMorgan Chase & Co. a major institutional holder, with institutional ownership of Veris Residential being at 93.04%. Analysts currently have a consensus "Hold" rating for VRE with an average target price of $18.67, following the company's recent beat on quarterly earnings estimates.
Affinius Capital-Led Consortium Agrees to Acquire Veris Residential in $3.4B Go-Private Deal
An investor consortium led by Affinius Capital and including Vista Hill Partners has agreed to acquire Veris Residential Inc., a multifamily REIT, in an all-cash transaction valued at $3.4 billion. The deal, which will take Veris Residential private, represents a significant premium over its recent share prices and is expected to close in the second quarter. This acquisition marks the culmination of Veris Residential's multi-year transformation from an office-focused company to a pure-play multifamily firm.
News | Veris’ pivot from high-profile offices to apartments capped by this go-private deal
Veris Residential, formerly Mack-Cali Realty, is being acquired for $3.4 billion in cash by an investor group led by Affinius Capital. This deal marks the culmination of Veris's strategic shift from a major office landlord to a pure-play multifamily REIT, a transformation accelerated by changing demands in commercial property. The transaction is expected to close in the second quarter, with shareholders receiving $19 per share.
Veris Residential $3.4B Takeover Greenlit by Board
Veris Residential Inc.'s board has approved a $3.4 billion all-cash acquisition by an investor group led by Affinius Capital, also including Vista Hill Partners and GIC Real Estate Inc. The deal, valued at $19 per share, represents a significant premium and marks the culmination of Veris Residential's strategic shift from an office-focused landlord to a multifamily REIT. This transaction is expected to close in the second quarter of 2026.
Weil Advises Veris Residential in $3.4B Sale to Investor Consortium
Weil, Gotshal & Manges LLP is advising Veris Residential, Inc. on its $3.4 billion merger agreement with an investor consortium led by Affinius Capital and Vista Hill Partners. The all-cash transaction values Veris common stock at $19.00 per share and has been unanimously approved by Veris’ Board of Directors. The merger is expected to close in the second quarter of 2026, pending shareholder approval and other closing conditions.
Veris Residential to Be Acquired by Investor Consortium for $3.4B
Veris Residential, a Jersey City-based multifamily REIT, has agreed to be acquired by an investor consortium, led by Affinius Capital and Vista Hill Partners, for $3.4 billion. The all-cash transaction values Veris common stock at $19.00 per share, representing a significant premium to its unaffected closing price. This acquisition marks the culmination of Veris's strategic transformation into a pure-play multifamily REIT.
Veris Residential to Be Acquired by Affinius Capital-Led Investor Consortium for $3.4 Billion
Veris Residential, Inc. has entered into a definitive merger agreement to be acquired by an investor consortium led by Affinius Capital and Vista Hill Partners for $3.4 billion, or $19.00 per share. This all-cash transaction represents a significant premium to Veris's recent share prices and marks the culmination of the company's strategic transformation into a pure-play multifamily REIT. The acquisition has been unanimously approved by Veris's Board of Directors and is expected to close in the second quarter of 2026, pending shareholder approval.
Veris Residential (VRE) Q4 FFO and Revenues Top Estimates
Veris Residential (VRE) reported Q4 FFO of $0.19 per share, surpassing the Zacks Consensus Estimate of $0.16, and revenues of $71.31 million, beating estimates by 1.34%. The company has exceeded FFO estimates four times in the last four quarters, and its stock has gained 12.7% year-to-date. Investors are now looking to management's commentary and future FFO expectations for insights into the stock's performance.
Veris: Q4 Earnings Snapshot
Veris Residential, Inc. (VRE) reported its Q4 earnings, with key profitability measures exceeding Wall Street expectations. The real estate investment trust posted funds from operations of $19.9 million, or 19 cents per share, surpassing analyst estimates of 16 cents per share. For the full year, the company's funds from operations reached $73.6 million on revenues of $288.4 million.
Veris Residential To Be Acquired For $3.4 Billion In Cash
Veris Residential is set to be acquired by an investor consortium led by Affinius Capital and Vista Hill Partners for an implied enterprise value of $3.4 billion. Shareholders will receive $19.00 per share in cash, a significant premium over recent closing prices. The transaction, unanimously approved by Veris's Board, is expected to finalize in Q2 2026, marking the end of the company's multi-year strategic transformation into a pure-play multifamily REIT.
Veris Residential To Be Bought By Affinius Capital-Led Consortium For $3.4 Bln; VRE Stock Up 12%
Veris Residential, Inc. announced it has agreed to a $3.4 billion merger with an investor consortium led by Affinius Capital and Vista Hill Partners. Shareholders will receive $19 per share in cash, representing a significant premium to its recent trading prices. The deal is expected to close in the second quarter of 2026 and caused a 12% surge in VRE stock in pre-market trading.
Affinius‑led consortium to buy Veris Residential in $3.4 billion all‑cash deal
Veris Residential will be acquired by a consortium led by Affinius Capital and Vista Hill Partners in an all-cash deal valued at $3.4 billion, including debt. Shareholders will receive $19 per share, representing a 13.3% premium. The transaction, expected to close in Q2 2026, follows Veris's five-year strategy to divest office assets and streamline operations.
Veris Residential to Be Acquired by Affinius Capital-Led Investor Consortium for $3.4 Billion in Cash
Veris Residential, Inc. announced a definitive merger agreement to be acquired by an investor consortium led by Affinius Capital and Vista Hill Partners for $3.4 billion in cash, or $19.00 per share. This all-cash transaction represents a significant premium to Veris' recent stock prices and is the culmination of the company's strategic transformation into a pure-play multifamily REIT. The acquisition is expected to close in the second quarter of 2026, subject to shareholder approval.
Veris Residential to be acquired for enterprise value of ~$3.4B (VRE:NYSE)
Veris Residential is set to be acquired by an investor consortium led by Affinius Capital for an implied enterprise value of $3.4 billion. Following this news, shares of VRE were up 13.3% at $19.0 in pre-market trading on Monday. The acquisition announcement came after the multifamily REIT reported its Q4 earnings.
Veris Residential, Inc. Reports Fourth Quarter and Full Year 2025 Results
Veris Residential, Inc. announced its financial results for the fourth quarter and full year 2025, exceeding its annual Core FFO per share guidance with a 20% year-over-year increase to $0.72. The company achieved strong same-store NOI growth, reduced expenses, and completed $542 million in non-strategic asset sales, significantly reducing its debt load. Veris Residential also successfully consolidated its largest unconsolidated joint venture, Jersey City Urby, rebranding it to Sable, and improved its net debt-to-EBITDA ratio to 9.0x.
Veris to be acquired by Affinius Capital-led group in $3.4 billion all-cash deal
Veris Residential Inc. will be acquired by an investor group led by Affinius Capital and Vista Hill Partners in a $3.4 billion all-cash deal, taking the company private. The agreement, valued at $19 per share, marks the culmination of Veris's strategic transformation from Mack-Cali Realty Corp. into a pure-play multifamily REIT. The merger is expected to close in the second quarter of 2026 and represents a significant premium to Veris's recent stock prices.
Multifamily REIT Veris sells $542M in assets, cuts $490M debt
Veris Residential (NYSE: VRE) reported strong Q4 and full-year 2025 results, with Core FFO per share increasing over 20% to $0.72. The company completed $542.1 million in non-strategic asset sales, using the proceeds to reduce debt by approximately $490 million and lower its Net Debt-to-EBITDA to 9.0x. These strategic moves led to a significant positive market reaction, with VRE's stock gaining 12.16% on the news.
Veris Residential, Inc. Announces Dates for First Quarter 2024 F
Veris Residential, Inc. (NYSE: VRE) has announced that it will host its first quarter 2024 financial results webcast and conference call on Thursday, April 25, 2024, at 8:30 a.m. Eastern time. The company plans to release its financial results after the close of the market on Wednesday, April 24, 2024. Interested parties can access the webcast via the company's website or dial into a conference call using provided numbers.
Veris Residential Inc expected to post a loss of 73 cents a share - Earnings Preview
Veris Residential Inc is projected to report a loss of 73 cents per share. This information comes from a Refinitiv earnings preview. The article provides financial expectations for the company.
73,047 Shares in Veris Residential, Inc. $VRE Acquired by Centerpoint Advisors LLC
Centerpoint Advisors LLC has acquired a new position of 73,047 shares in Veris Residential, Inc. (NYSE: VRE) during the third quarter, valued at approximately $1.11 million. This acquisition represents 0.08% of Veris Residential's stock. Other institutional investors like Hantz Financial Services, Covestor Ltd, CWM LLC, AlphaQuest LLC, and Tower Research Capital LLC TRC have also increased their stakes in the company, bringing institutional ownership to about 93.04%.