Veris Residential Reports Strong Financial Performance

Tip Ranks
2025.11.12 13:36
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Veris Residential, Inc. reported strong financial performance, with a 3.9% year-over-year same-store blended net rental growth for the quarter and 3.5% year-to-date. The company exceeded its non-strategic asset sales target, raising it to $650 million after selling $542 million. A reduction in net debt-to-EBITDA ratio indicates improved financial health. Analysts rate VRE stock as a Hold with a $15.50 price target, while TipRanks’ AI Analyst rates it Neutral due to concerns over high leverage and negative cash flow. Veris Residential focuses on residential properties, primarily in New Jersey and Massachusetts.

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The latest announcement is out from Veris Residential ( (VRE) ).

On November 12, 2025, Veris Residential, Inc. released a corporate presentation detailing its financial and operational performance for the year. The company reported a year-over-year same-store blended net rental growth rate of 3.9% for the quarter and 3.5% year-to-date. Veris Residential has exceeded its target for non-strategic asset sales, with $542 million sold or under contract, and has raised its sales target to $650 million. The company also reported a significant reduction in its net debt-to-EBITDA ratio, reflecting its rapid deleveraging progress. These developments indicate a strengthened financial position and strategic focus on core assets, which could positively impact stakeholders and enhance the company’s market positioning.

The most recent analyst rating on (VRE) stock is a Hold with a $15.50 price target. To see the full list of analyst forecasts on Veris Residential stock, see the VRE Stock Forecast page.

Spark’s Take on VRE Stock

According to Spark, TipRanks’ AI Analyst, VRE is a Neutral.

Veris Residential’s overall score is driven by strong earnings call performance and reasonable valuation. However, financial performance concerns, particularly high leverage and negative cash flow, weigh on the score. Technical indicators suggest neutral momentum.

To see Spark’s full report on VRE stock, click here.

More about Veris Residential

Veris Residential, Inc. is a Maryland-based corporation involved in the real estate industry, focusing primarily on residential properties. The company manages a portfolio that includes multifamily apartment units and residential buildings, with a significant presence in New Jersey and Massachusetts.

Average Trading Volume: 650,681

Technical Sentiment Signal: Sell

Current Market Cap: $1.4B