VRE — Veris Residential Inc
NYSE · Real Estate · REIT - Residential
Veris Residential Inc (VRE) is a reit - residential company listed on NYSE. It is led by Mahbod Nia A.C.A., based in Harborside 3, 210 Hudson Street, Jersey City, NJ, United States, 07311-1206, with about 188 employees. Veris Residential, Inc. is a forward-thinking real estate investment trust (REIT) that primarily owns, operates, acquires and develops premier Class A multifamily properties in the Northeast. Our technology-enabled, vertically integrated operating platform delivers a contemporary living experience aligned with residents' preferences while positively impacting the communities we serve. We are guided by an experienced management team and Board of Directors, underpinned by leading corporate governance principles; a best-in-class approach to operations; and an inclusive culture based on meritocratic empowerment.
Latest reported VRE revenue for 2025-09-30 was $73.4M. Net income was $81.3M. Revenue was down 3.3% from 2025-06-30 to 2025-09-30. VRE currently screens at market cap $1.61B.
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About Veris Residential Inc
Veris Residential, Inc. is a forward-thinking real estate investment trust (REIT) that primarily owns, operates, acquires and develops premier Class A multifamily properties in the Northeast. Our technology-enabled, vertically integrated operating platform delivers a contemporary living experience aligned with residents' preferences while positively impacting the communities we serve. We are guided by an experienced management team and Board of Directors, underpinned by leading corporate governance principles; a best-in-class approach to operations; and an inclusive culture based on meritocratic empowerment.
VRE Key Statistics
Market Cap
$1.61B
EPS
-$0.25
Revenue
$271.07M
Net Income
-$26.66M
Gross Profit
$0.00
Free Cash Flow
$0.00
Dividend Yield
2.15%
Revenue Growth
+4.1%
Profit Margin
-9.8%
Employees
188
VRE Financials
Annual income statement in USD. Latest reported periods first.
| Line | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Revenue | $271.07M | $260.30M | $213.35M | $88.23M |
| Cost of Revenue | $0.00 | $0.00 | $0.00 | $0.00 |
| Gross Profit | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Net Income | -$26.66M | -$112.36M | -$34.88M | -$23.24M |
| EPS (Diluted) | -$0.25 | -$1.22 | -$0.63 | -$0.32 |
Total Assets
$2.98B
Total Debt
$0.00
Shareholders' Equity
$0.00
Cash & Equivalents
$7.25M
Operating Cash Flow
$52.33M
Free Cash Flow
$0.00
Veris Residential Inc Company Information
- CEO & Director
- Mahbod Nia A.C.A.
- Headquarters
- Harborside 3, 210 Hudson Street, Jersey City, NJ, United States, 07311-1206
- Website
- www.verisresidential.com
- Phone
- 732 590 1010
- IPO / Founded
- 1994-08-25
- Sector
- Real Estate
- Industry
- REIT - Residential