Veris Residential, Inc. (NYSE:VRE – Get Free Report) saw unusually-high trading volume on Tuesday following a better than expected earnings announcement. Approximately 4,042,354 shares changed hands during mid-day trading, an increase of 208% from the previous session’s volume of 1,314,187 shares.The stock last traded at $18.8050 and had previously closed at $18.81.
The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.03. Veris Residential had a return on equity of 4.72% and a net margin of 22.09%.The business had revenue of $71.31 million for the quarter, compared to analyst estimates of $70.85 million.
Trending Headlines about Veris Residential
Here are the key news stories impacting Veris Residential this week:
- Positive Sentiment: Definitive sale agreement — Veris agreed to be acquired by an investor consortium led by Affinius Capital with Vista Hill Partners for $19.00 per share, implying an enterprise value of about $3.4B; this all-cash exit is the primary catalyst for the stock rally. Veris Residential to Be Acquired by Affinius Capital-Led Investor Consortium for $3.4 Billion in Cash
- Positive Sentiment: Quarterly beat supports negotiation leverage — Veris reported Q4 results with FFO/earnings of $0.19 (vs. $0.16 consensus) and revenue slightly above expectations, showing operational strength that underpins the deal valuation. Veris Residential, Inc. Reports Fourth Quarter and Full Year 2025 Results Veris Residential (VRE) Q4 FFO and Revenues Top Estimates
- Neutral Sentiment: Analyst commentary and metric review — Coverage including Zacks’ deeper look at key metrics provides context on growth, FFO trends and valuation but is secondary to the takeover news for near-term price action. Veris (VRE) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
- Negative Sentiment: Multiple shareholder investigations and potential litigation — Several law firms (Kahn Swick & Foti, Halper Sadeh, Monteverde & Associates, Ademi LLP and others) announced investigations into whether the $19.00 offer and sales process are fair; litigation or a proxy fight could delay closing, increase transaction costs, or push for a higher price. KSF Investigation Halper Sadeh Investigation Monteverde Investigation Ademi Investigation
Analyst Ratings Changes
Institutional Trading of Veris Residential
A number of institutional investors have recently bought and sold shares of VRE. GAMMA Investing LLC lifted its stake in shares of Veris Residential by 71.1% in the 4th quarter. GAMMA Investing LLC now owns 1,954 shares of the company’s stock valued at $29,000 after purchasing an additional 812 shares during the period. Hantz Financial Services Inc. increased its position in shares of Veris Residential by 720.0% in the 3rd quarter. Hantz Financial Services Inc. now owns 2,132 shares of the company’s stock valued at $32,000 after buying an additional 1,872 shares in the last quarter. Covestor Ltd raised its stake in Veris Residential by 29.0% during the 3rd quarter. Covestor Ltd now owns 3,270 shares of the company’s stock worth $49,000 after buying an additional 736 shares during the period. Quarry LP grew its stake in Veris Residential by 746.6% in the third quarter. Quarry LP now owns 4,326 shares of the company’s stock valued at $66,000 after acquiring an additional 3,815 shares during the period. Finally, Federation des caisses Desjardins du Quebec raised its position in shares of Veris Residential by 21.8% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 6,030 shares of the company’s stock worth $90,000 after purchasing an additional 1,078 shares during the period. Institutional investors and hedge funds own 93.04% of the company’s stock.
Veris Residential Stock Performance
The company has a debt-to-equity ratio of 1.13, a current ratio of 0.53 and a quick ratio of 0.53. The company has a market cap of $1.76 billion, a price-to-earnings ratio of 28.07, a price-to-earnings-growth ratio of 2.60 and a beta of 1.26. The stock has a 50-day moving average price of $15.37 and a 200 day moving average price of $15.09.
Veris Residential Company Profile
Veris Residential, Inc (NYSE: VRE) is a publicly traded real estate investment trust that focuses on the acquisition, development, ownership and management of high-quality, Class A multifamily residential communities. As a pure-play residential REIT, Veris Residential offers a range of apartment homes designed to appeal to both urban and suburban renters seeking modern living spaces enhanced with amenities and services.
The company’s portfolio consists of contemporary apartment buildings that feature studio, one-, two- and three-bedroom floor plans.
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