Shares of Veris Residential, Inc. (NYSE:VRE – Get Free Report) saw strong trading volume on Tuesday following a stronger than expected earnings report. 4,042,354 shares traded hands during 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 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.03. The firm had revenue of $71.31 million during the quarter, compared to analyst estimates of $70.85 million. Veris Residential had a return on equity of 4.72% and a net margin of 22.09%.
Key Stories Impacting 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 Upgrades and Downgrades
Get Our Latest Research Report on Veris Residential
Institutional Investors Weigh In On Veris Residential
Large investors have recently modified their holdings of the stock. Madison International Realty Holdings LLC bought a new position in shares of Veris Residential during the 3rd quarter worth approximately $78,875,000. Woodline Partners LP acquired a new position in Veris Residential during the third quarter worth $22,504,000. H 2 Credit Manager LP lifted its holdings in shares of Veris Residential by 27.4% during the fourth quarter. H 2 Credit Manager LP now owns 5,472,814 shares of the company’s stock valued at $81,435,000 after acquiring an additional 1,175,500 shares during the period. Balyasny Asset Management L.P. boosted its stake in shares of Veris Residential by 138.7% in the 2nd quarter. Balyasny Asset Management L.P. now owns 1,068,102 shares of the company’s stock valued at $15,904,000 after purchasing an additional 620,708 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of Veris Residential in the 4th quarter worth about $7,720,000. 93.04% of the stock is currently owned by institutional investors.
Veris Residential Stock Down 0.0%
The stock has a market capitalization of $1.76 billion, a P/E ratio of 28.07, a P/E/G ratio of 2.60 and a beta of 1.26. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 1.13. The firm’s fifty day moving average is $15.37 and its 200-day moving average is $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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