Veris Residential, Inc. Files Form 8-K Announcing Shareholder Vote Results and Company Details
Veris Residential, Inc. announced the results of its special shareholder meeting held on May 21, 2026, where shareholders overwhelmingly approved a merger agreement. This decision is significant for the company's strategic direction and shareholder value, with 81.99% of outstanding shares represented at the meeting. The approval of the merger is expected to be price-sensitive and could impact the company's share price.
Veris Residential shareholders approve merger with AC Residential Acquisition
Veris Residential shareholders have approved the company's merger with AC Residential Acquisition LP during a special virtual meeting. The transaction, first announced on February 23, 2026, received overwhelming support, with 81.99% of outstanding shares participating in the vote. The merger proposal was approved by 76,820,975 votes in favor, paving the way for Veris Residential to be taken private at $19.00 per share, valuing the deal at $3.4 billion.
Veris Residential (VRE) investors back merger but reject executive pay plan
Veris Residential (VRE) stockholders have approved the merger agreement with AC Residential entities, with overwhelming support for the deal. However, they rejected a non-binding advisory proposal concerning merger-related compensation for named executive officers, indicating shareholder dissatisfaction with executive pay packages. The approval of the merger removes a significant corporate consent hurdle for the transaction.
Veris Residential, Inc. Announces Dates for Second Quarter 2024 Financial Results and Webcast
Veris Residential, Inc. (NYSE: VRE) announced it will host its second quarter 2024 financial results webcast and conference call on Thursday, July 25, 2024, at 8:30 a.m. ET. The company plans to release its results after the market closes on Wednesday, July 24, 2024. Listeners can access the webcast via the company's investor relations website or by dialing into the conference call.
Veris Residential Faces Valuation Shift Amid Strong Profit Growth and Market Challenges
Veris Residential, Inc. has seen its valuation grade shift to "expensive" due to a premium P/E ratio of 22 and a price-to-book value of 1.53, despite a significant 572.55% profit growth in June 2025. The company's stock has faced challenges with a -17.00% return over the past year, and its ROE and ROCE suggest a risky valuation compared to historical averages.
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Veris Residential, Inc. (NYSE – VRE), XOMA Royalty Corporation (Nasdaq – XOMA), Organon & Co. (NYSE – OGN), RE/MAX Holdings, Inc. (NYSE – RMAX)
Brodsky & Smith is investigating potential breaches of fiduciary duty by the boards of Veris Residential, XOMA Royalty Corporation, Organon & Co., and RE/MAX Holdings regarding their respective merger agreements. The law firm is concerned about whether the proposed transactions for each company are paying fair value to shareholders and if a fair process was conducted. Investors in these companies are encouraged to contact Brodsky & Smith to discuss the investigations.
Veris Residential, Inc. $VRE Shares Sold by Vanguard Group Inc.
Vanguard Group Inc. reduced its stake in Veris Residential (NYSE:VRE) by 1.3% in the fourth quarter, selling 153,344 shares but still holding 12.52% of the company. Analyst sentiment is cautious, with a consensus "Hold" rating and a target price of $19.50. The company recently reported earnings of -$0.15 per share, missing expectations, but revenue exceeded estimates at $70.1 million and a quarterly dividend of $0.08 per share was paid.
Veris Residential faces earnings test ahead of merger vote
Veris Residential Inc. is set to report its first-quarter earnings, a key event before a shareholder vote on a $3.4 billion take-private deal. Investors will be scrutinizing the company's operational stability, particularly occupancy trends in its Northeast multifamily portfolio amidst a supply influx in Jersey City, to gauge if the agreed valuation is fair. The earnings report is expected to demonstrate near-term execution and provide insights into the financial health ahead of the May 21 merger vote.
Prudential affiliate holds 83,925 Veris Residential shares (NYSE: VRE)
Prudential Financial, Inc. reported its affiliate, PGIM Quantitative Solutions LLC, holds 83,925 shares of Veris Residential, Inc. common stock, representing 0.1% of the class as of March 31, 2026. This Schedule 13G/A filing indicates a passive investment, with Prudential claiming shared voting and dispositive power but no sole control over the shares. This holding is below the 5% threshold that would trigger block-holder status.
Veris Residential's Valuation Adjusted Amidst Mixed Financial Performance Indicators
Veris Residential's valuation grade has been adjusted from "attractive" to "fair" due to a reassessment of its financial metrics, despite a significant net profit growth of 572.55% in June 2025. The company exhibits a P/E ratio of 22 and an exceptionally high dividend yield of 164.94%, but faces challenges with its return on equity (6.86%) and return on capital employed (3.75%). This reflects a complex interplay of financial performance and market dynamics for the small-cap realty player.
Veris Residential, Inc. (NYSE:VRE) Given Average Rating of "Hold" by Analysts
Five analysts have given Veris Residential, Inc. (NYSE:VRE) an average "Hold" rating, with a consensus 12-month price target of $19.50. The company recently reported Q1 EPS of -$0.15, missing estimates, but revenues beat expectations at $70.1 million. Veris Residential also announced a quarterly dividend of $0.08 per share, representing an annualized yield of 1.7%.
Potential Litigation Threatens to Delay Veris Residential Merger and Increase Legal Costs
Veris Residential, Inc. has identified potential litigation related to its merger as a new risk. Such litigation could lead to significant legal expenses, distract leadership from operations, and potentially delay or block the merger, creating uncertainty for investors. The average stock price target for VRE currently suggests a 5.71% upside potential.
Veris Residential (NYSE: VRE) posts Q1 loss, details $19 per share cash buyout
Veris Residential reported a Q1 2026 net loss of $15.6 million, or $0.15 per diluted share, despite a revenue increase to $70.1 million, primarily due to higher transaction and merger-related costs. The company reiterated details of its pending cash merger agreement, where common shareholders and common unit holders are expected to receive $19.00 per share or unit. As of March 31, 2026, Veris had $2.56 billion in net rental property investment and $1.36 billion in fixed and hedged debt, with $124 million drawn on its revolving credit facility.
Veris Residential Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Veris Residential, Inc. - VRE
Kahn Swick & Foti, LLC (KSF) is investigating the proposed sale of Veris Residential, Inc. (NYSE: VRE) to an investor consortium for $19.00 per share in cash. KSF seeks to determine if this price and the sale process are adequate or if the company is undervalued. Shareholders are encouraged to contact KSF to discuss their legal rights.
Veris Residential Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Veris Residential, Inc. - VRE
Kahn Swick & Foti, LLC (KSF) is investigating the proposed sale of Veris Residential, Inc. (NYSE: VRE) to an investor consortium for $19.00 per share in cash. The law firm aims to determine if the consideration and the sale process are adequate or if the company is undervalued. Shareholders are invited to contact KSF to discuss their legal rights if they believe the transaction undervalues the company.
Veris Residential Inc expected to post a share - Earnings Preview
Veris Residential Inc (VRE) is expected to release its earnings, with Refinitiv providing the preview. The article indicates that more details can be accessed by logging in or creating a free account. This brief announcement is sourced from Reuters and published on TradingView.
Veris Residential (NYSE: VRE) to be acquired for $19.00 per share in $3.13B deal
Veris Residential (NYSE: VRE) is set to be acquired for $19.00 per share in an all-cash transaction valued at approximately $3.13 billion. The acquisition, approved unanimously by Veris Residential's Board of Directors, will result in the company merging into a newly formed entity, AC Residential REIT LLC, a wholly-owned subsidiary of AC Residential Acquisition LP. Stockholders are asked to approve the merger at a virtual special meeting on May 21, 2026, with the transaction expected to close in the second quarter of 2026, after which Veris Residential shares will be delisted from the NYSE.
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.
Are SEM, DAWN, VRE Obtaining Fair Deals for their Shareholders?
Halper Sadeh LLC, an investor rights law firm, is investigating Select Medical Holdings Corporation (SEM), Day One Biopharmaceuticals, Inc. (DAWN), and Veris Residential, Inc. (VRE) for potential violations of federal securities laws and/or breaches of fiduciary duties related to their respective sales. The firm is examining whether the cash consideration offered to shareholders in these transactions provides fair value and encourages affected shareholders to contact them to discuss their rights and options. This news comes as VRE's stock price shows minimal reaction to previous similar inquiries, even as its acquisition by an investor consortium at $19.00 per share was announced alongside strong financial results.
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.
Veris Residential, Inc. (VRE): A Bull Case Theory
This article summarizes a bull thesis on Veris Residential, Inc. (VRE), highlighting its transformation into a luxury residential REIT with a portfolio of young properties, high-income tenants, and attractive valuation. The company's strategic positioning in Jersey City and potential for acquisition further bolster the investment case, suggesting significant upside despite its past association with struggling office assets.
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.
