Veris Residential Inc. Common Stock (VRE)

FairStock Score: 37/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach Veris Residential as a REIT, so I set aside ordinary earnings multiples first: depreciation distorts EPS and P/E, and the right REIT measures, FFO and AFFO, are not in the data I have. What I can judge is price, asset backing, leverage, cash generation, and the revenue trend. At the close on 2026-05-26, the stock was $18.99, near the top of its 52-week range of $14.07 to $19.03. FairStock calculations show a P/B of 1.54, a P/E of 26.01, EV/EBITDA of 12.86, and a dividend yield of 1.69%. The company owns Class A multifamily properties in the Northeast and runs a vertically integrated platform, which can be a decent business, but 181 employees and a small $1.8B market cap do not by themselves prove a wide moat. The financial picture is mixed and not comforting. In the latest reported quarter, 2026-Q1, revenue was $70.1M and net income was -$14.0M, a -19.98% margin. Trailing free cash flow is positive at $76.8M, a 4.3% FCF yield, but ROE is 5.92% and ROCE is just 1.29%. Leverage is meaningful with D/E of 1.09, and FairStock's Altman Z-Score is -0.04, Piotroski F-Score 2/9, and overall score 37/100. For a REIT, I would lean on dividend yield, leverage, revenue trend, and price-to-book. At 1.54 times book and near the 52-week high, the price already assumes improvement. Without FFO or AFFO, I cannot confirm earnings quality, and the filed loss suggests caution. The Lynch category is none because only 0 years of filed results are available, needing 3, so I have little long-term history to underwrite.

In plain English: Veris Residential owns and operates apartment buildings, mostly high-end multifamily properties in the Northeast. The business is not very profitable right now: it lost money in its latest reported quarter, carries meaningful debt, and has weak financial scores, though it does generate positive cash flow. At $18.99 on 2026-05-26, the price looks somewhat expensive compared with its accounting value and profits, so the numbers suggest caution rather than a clear bargain.

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Data as of 2026-05-26 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer