Veris Residential, Inc.

Veris Residential, Inc.

VREยทNYSE

$18.99

+0.0000%
Real EstateREIT - Residential

Veris 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/.

At a Glance

Live Snapshot
Market Cap$1.78B
EPS0.8100
P/E Ratio23.44
Earnings Date07/22/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is mid-range (P/E 23.4).

Valuation inputs: P/E 23.4, earnings yield +4.3%, momentum 0.0%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +6.5%, ROIC +1.8%).

Profitability stack: net margin +26.1%, ROE +6.5%, ROIC +1.8%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile looks controlled across current risk inputs.

Risk factors: liabilities/assets +52.9%, momentum 0.0%, net margin +26.1%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Veris Residential, Inc. Market vs Earnings Trajectory

VRE ยท NYSE

Loading price and EPS data...

Veris Residential, Inc.

Veris Residential, Inc. Fair Value Envelope

VRE ยท NYSE

Our analysis suggests that VRE has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $18.99, this represents a potential HIDDEN relative to our calculated worth for Veris Residential, Inc..

Intrinsic Value
Current Price: $18.99
3Y-229.0%
5Y-152.0%
10Y-38.0%
3Y+24.0%
5Y-8.0%
10Y-53.0%
3Y-231.0%
5Y-236.0%
10Y-36.0%
3Y+30.0%
5Y+1.0%
10Y-14.0%
3Y-148.0%
5Y-178.0%
10Y-109.0%
3Y-31.0%
5Y-47.0%
10Y-37.0%
Veris Residential, Inc.

Veris Residential, Inc. Profit Bridge

VRE ยท NYSE
Revenue288.43M
Cost of Goods Sold (284.81M)
Gross Profit3.62M
Operating Expenses (-45.76M)
Operating Income49.38M
Interest Expense (88.58M)
Other Income/Expense25.68M
Pretax Income75.06M
Income Tax (231.00K)
Net Income75.24M
Net Income
75.24M

Profitability Analysis

Gross Margin

1.3%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

17.1%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

26.1%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

0.3%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

1.26%
Gross Profit Margin
-161%
3Y-106.0%
5Y-98.0%
10Y-98.0%
17.12%
Operating Profit Margin
27%
3Y-275.0%
5Y-328.0%
10Y-
26.09%
Net Profit Margin
-411%
3Y-206.0%
5Y-248.0%
10Y+36.0%
6.53%
Return on Equity
-416%
3Y-240.0%
5Y-265.0%
10Y-15.0%
2.78%
Return on Assets
-464%
3Y-289.0%
5Y-359.0%
10Y+2.0%
1.82%
Return on Invested Capital
45%
3Y-406.0%
5Y-484.0%
10Y-29.0%
VRE

Veris Residential, Inc. Cash Conversion Engine

VRE ยท NYSE
Net Income75.24M
Depreciation & Amortization92.56M
Stock-Based Compensation2.17M
Change in Working Capital2.49M
Others-96.50M
Capital Expenditures-31.36M
Free Cash Flow54.97M

Cash Flow Quality Analysis

FCF Conversion Rate

73.1%

Moderate conversion rate. Some gap between earnings and cash flow may warrant investigation into working capital or non-cash items.

CapEx Intensity

36.3%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

+18.5%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$2.49M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Solid cash generation: Positive free cash flow with reasonable earnings quality provides financial flexibility for growth investments, debt reduction, or shareholder returns.

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Veris Residential, Inc. Funding & Solvency Profile

VRE ยท NYSE
Cash & Cash Equivalents9.41M
Net Receivables3.50M
Inventory0.00
Other Current Assets0.00
Total Current Assets3 B
Property, Plant & Equipment0.00
Goodwill & Intangible Assets0.00
Long-Term Investments0.00
Other Non-Current Assets0.00
Total Non-Current Assets0
Total Assets
2.68B

Financial Health Analysis

Debt-to-Equity Ratio

1.15x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

3 B

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

96% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

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Veris Residential, Inc. Street Expectations Map

VRE ยท NYSE

Wall Street analysts project that VRE stock may decline over the coming 12 months. The consensus 1-year price target stands at 14.00, with estimates ranging from a low of 14.00 to a high of 14.00.

Lowest Target
14.00
-26.28%
Consensus Target
14.00
-26.28%
Highest Target
14.00
-26.28%

The consensus 1-year price target stands at 14.00, with estimates ranging from a low of 14.00 to a high of 14.00.

Analyst Consensus Analysis

Upside Potential

-26.3%

Significant downside risk. Stock trading well above analyst consensus suggests elevated valuation concerns and potential correction.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Risk-Reward Profile

1.00x

Balanced risk-reward. Upside and downside potential relatively symmetric. Suitable for moderate risk tolerance with conviction in thesis.

Analyst Conviction

Low

Bearish or uncertain outlook. Limited upside or poor consensus suggests challenges ahead or fundamental concerns.

Market Sentiment Insight

Consensus overvaluation: Analysts agree the stock is richly valued with limited upside. Consider booking profits or defensive positioning unless you have contrarian conviction in unrecognized catalysts.

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Veris Residential, Inc. Insider Positioning

VRE ยท NYSE

During the last 12 months, there has been no insider trading activity reported for VRE.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Neutral

No insider trading activity reported. This could indicate blackout periods, lack of conviction, or regulatory restrictions.

Insider Participation

No Activity

No insider trading activity reported from any insiders in the past year.

0.48%
Dividend Yield
3Y-
5Y+53644.0%
10Y-22.0%
ย 

vre Dividend History

VRE
10Y CAGR 16%
Latest $0.08
Annual $0.4
Stable dividend payments
Last Period: +0%