$VRE

Veris Residential, Inc.

No enriched coverage for $VRE in the last 7 days.

No SEC Form 4 filings for $VRE in the last 30 days.

High

Veris: Q4 Earnings Snapshot

Veris Residential, Inc. (VRE) reported its Q4 earnings, with key profitability measures exceeding Wall Street expectations. The real estate investment trust posted funds from operations of $19.9 million, or 19 cents per share, surpassing analyst estimates of 16 cents per share. For the full year, the company's funds from operations reached $73.6 million on revenues of $288.4 million.

Veris Residential To Be Acquired For $3.4 Billion In Cash

Veris Residential is set to be acquired by an investor consortium led by Affinius Capital and Vista Hill Partners for an implied enterprise value of $3.4 billion. Shareholders will receive $19.00 per share in cash, a significant premium over recent closing prices. The transaction, unanimously approved by Veris's Board, is expected to finalize in Q2 2026, marking the end of the company's multi-year strategic transformation into a pure-play multifamily REIT.