Veris Residential, Inc. (VRE)

Over the past six months, Veris Residential's stock price has experienced some notable events. As of October 24, 2025, the share price was $15.05, representing an 11.00% decline from $16.91 on October 25, 2024. The company's stock has not shown significant price volatility in the past three months, and its weekly volatility has been stable over the past year. Recent events include a positive third quarter earnings report, an increased asset sale target, the release of the 2024 Sustainability Report, second quarter results, and a dividend declaration.

Information specifically detailing the demand seasonality for Veris Residential, Inc.'s products and services was not explicitly found in the provided search results. However, demand for its services would generally be influenced by broader housing market trends, economic conditions, employment rates, and population shifts in its Northeast geographic footprint. Rental markets can exhibit seasonal patterns, with higher leasing activity often observed in the spring and summer months.

Veris Residential, Inc. is a self-administered and self-managed REIT focused on owning, operating, acquiring, and developing Class A multifamily rental properties. The company operates through two segments: multifamily real estate and services, and commercial and other real estate, while also holding non-strategic land and commercial assets. Veris Residential performs its own property management, leasing, acquisition, development, construction, and tenant-related services.

Veris Residential, Inc.'s multifamily rental properties are primarily located in the Northeast region of the United States, specifically in three states and the District of Columbia. Almost half of its properties are located on the Jersey City Waterfront in New Jersey, with other communities in New Jersey, Massachusetts and New York.

Veris Residential has cultivated a strong brand reputation over the past year, particularly in areas of ESG, DEI, and corporate stewardship. The company was recognized as a leader in ESG, DEI, and corporate stewardship by prominent real estate and business organizations. The 2024 Sustainability Report highlighted significant environmental achievements. Veris Residential was certified as a Great Place to Work® for the third consecutive year, with 93% of employees reporting it as a great place to work. The company achieved a peer-leading Online Reputation Assessment (ORA) Score of 83, the highest among REITs nationwide.

Veris Residential, Inc. has significant institutional ownership, with 460 institutional owners and shareholders holding approximately 93.96% of the company. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, Madison International Realty Holdings, LLC, and Prudential Financial Inc.