Veris Residential (VRE) Expected to Announce Quarterly Earnings on Wednesday

Veris Residential (NYSE:VRE) is projected to announce its Q1 2026 results after the market closes on Wednesday, April 22nd. Analysts expect the company to announce earnings of $0.20 per share and revenue of $68.06 million for the quarter. Investors can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, April 30, 2026 at 8:30 AM ET.

Veris Residential (NYSE:VRE) last posted its quarterly earnings data on Monday, February 23rd. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.03. Veris Residential had a net margin of 26.08% and a return on equity of 5.73%. The firm had revenue of $71.31 million for the quarter, compared to the consensus estimate of $70.85 million. On average, analysts expect Veris Residential to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Veris Residential Stock Performance

VRE opened at $18.91 on Tuesday. Veris Residential has a 52-week low of $13.69 and a 52-week high of $19.03. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.08. The company has a market cap of $1.77 billion, a P/E ratio of 23.63, a price-to-earnings-growth ratio of 3.14 and a beta of 1.15. The firm’s 50-day moving average price is $18.48 and its 200-day moving average price is $16.14.

Veris Residential Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Tuesday, March 31st were issued a dividend of $0.08 per share. The ex-dividend date was Tuesday, March 31st. This represents a $0.32 annualized dividend and a dividend yield of 1.7%. Veris Residential’s dividend payout ratio is 40.00%.

Hedge Funds Weigh In On Veris Residential

Several large investors have recently made changes to their positions in VRE. Quarry LP lifted its stake in shares of Veris Residential by 746.6% in the 3rd quarter. Quarry LP now owns 4,326 shares of the company’s stock valued at $66,000 after purchasing an additional 3,815 shares during the period. Federation des caisses Desjardins du Quebec lifted its stake in shares of Veris Residential by 21.8% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 6,030 shares of the company’s stock valued at $90,000 after purchasing an additional 1,078 shares during the period. Royal Bank of Canada lifted its stake in shares of Veris Residential by 23.3% in the 4th quarter. Royal Bank of Canada now owns 8,279 shares of the company’s stock valued at $123,000 after purchasing an additional 1,566 shares during the period. Tower Research Capital LLC TRC lifted its stake in shares of Veris Residential by 307.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 8,617 shares of the company’s stock valued at $128,000 after purchasing an additional 6,500 shares during the period. Finally, Graham Capital Management L.P. acquired a new position in shares of Veris Residential in the 4th quarter valued at $168,000. 93.04% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

VRE has been the topic of several research reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Veris Residential in a report on Monday, December 29th. Citigroup lifted their price objective on shares of Veris Residential from $16.00 to $19.00 and gave the company a “neutral” rating in a research note on Wednesday, April 1st. Wall Street Zen cut shares of Veris Residential from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, Truist Financial increased their price target on Veris Residential from $15.00 to $19.00 and gave the stock a “hold” rating in a research report on Tuesday, March 24th. One analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $19.50.

About Veris Residential

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.