Veris Residential Inc (NYSE: VRE) has experienced a rise in its stock price by 1.73 compared to its previous closing price of 15.31. However, the company has seen a gain of 3.15% in its stock price over the last five trading days. prnewswire.com reported 2025-04-04 that JERSEY CITY, N.J., April 4, 2025 /PRNewswire/ — Veris Residential, Inc. (“Veris Residential” or the “Company”) (NYSE: VRE), a forward-thinking, Northeast-focused, Class A multifamily REIT, today announced that it will host its first quarter 2025 financial results webcast and conference call on Thursday, April 24, 2025, at 8:30 a.m.
Is It Worth Investing in Veris Residential Inc (NYSE: VRE) Right Now?
Company’s 36-month beta value is 1.24.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for VRE is 90.64M, and currently, short sellers hold a 2.30% ratio of that floaft. The average trading volume of VRE on April 17, 2025 was 484.03K shares.
VRE’s Market Performance
VRE’s stock has seen a 3.15% increase for the week, with a -4.86% drop in the past month and a -3.20% fall in the past quarter. The volatility ratio for the week is 3.08%, and the volatility levels for the past 30 days are at 3.45% for Veris Residential Inc The simple moving average for the past 20 days is -2.74% for VRE’s stock, with a -6.31% simple moving average for the past 200 days.
Analysts’ Opinion of VRE
Many brokerage firms have already submitted their reports for VRE stocks, with Evercore ISI repeating the rating for VRE by listing it as a “In-line.” The predicted price for VRE in the upcoming period, according to Evercore ISI is $18 based on the research report published on February 26, 2025 of the current year 2025.
JP Morgan, on the other hand, stated in their research note that they expect to see VRE reach a price target of $17, previously predicting the price at $14. The rating they have provided for VRE stocks is “Neutral” according to the report published on December 17th, 2024.
BofA Securities gave a rating of “Buy” to VRE, setting the target price at $23 in the report published on November 12th of the previous year.
VRE Trading at -3.45% from the 50-Day Moving Average
After a stumble in the market that brought VRE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.37% of loss for the given period.
Volatility was left at 3.45%, however, over the last 30 days, the volatility rate increased by 3.08%, as shares sank -5.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.29% lower at present.
During the last 5 trading sessions, VRE rose by +2.05%, which changed the moving average for the period of 200-days by +2.94% in comparison to the 20-day moving average, which settled at $16.01. In addition, Veris Residential Inc saw -6.34% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VRE starting from Nia Mahbod, who purchase 35,000 shares at the price of $14.32 back on Jun 20 ’24. After this action, Nia Mahbod now owns 380,869 shares of Veris Residential Inc, valued at $501,347 using the latest closing price.
Lietz Nori Gerardo, the Director of Veris Residential Inc, purchase 10,000 shares at $14.31 during a trade that took place back on Jun 20 ’24, which means that Lietz Nori Gerardo is holding 39,687 shares at $143,100 based on the most recent closing price.
Stock Fundamentals for VRE
Current profitability levels for the company are sitting at:
- 0.14 for the present operating margin
- 0.36 for the gross margin
The net margin for Veris Residential Inc stands at -0.09. The total capital return value is set at 0.01. Equity return is now at value -2.12, with -0.76 for asset returns.
Based on Veris Residential Inc (VRE), the company’s capital structure generated 0.58 points at debt to capital in total, while cash flow to debt ratio is standing at 0.0. The debt to equity ratio resting at 1.36. The interest coverage ratio of the stock is 0.42.
Currently, EBITDA for the company is 140.05 million with net debt to EBITDA at 13.88. When we switch over and look at the enterprise to sales, we see a ratio of 11.49. The receivables turnover for the company is 74.72for trailing twelve months and the total asset turnover is 0.09.
Conclusion
In a nutshell, Veris Residential Inc (VRE) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
