Veris Residential, Inc. (VRE)
NYSE: VRE · Real-Time Price · USD
15.60
+0.06 (0.39%)
At close: May 12, 2025, 4:00 PM
15.60
0.00 (0.00%)
After-hours: May 12, 2025, 7:00 PM EDT
Veris Residential Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Veris Residential stock have an average target of 18.5, with a low estimate of 16 and a high estimate of 23. The average target predicts an increase of 18.59% from the current stock price of 15.60.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Veris Residential stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold Maintains $17 → $16 | Hold | Maintains | $17 → $16 | +2.56% | May 5, 2025 |
| Truist Securities | Truist Securities | Hold Maintains $16 → $17 | Hold | Maintains | $16 → $17 | +8.97% | Mar 10, 2025 |
| Evercore ISI Group | Evercore ISI Group | Buy → Hold Downgrades $20 → $18 | Buy → Hold | Downgrades | $20 → $18 | +15.38% | Feb 26, 2025 |
| JP Morgan | JP Morgan | Sell → Hold Upgrades $14 → $17 | Sell → Hold | Upgrades | $14 → $17 | +8.97% | Dec 17, 2024 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $20 → $23 | Hold → Strong Buy | Upgrades | $20 → $23 | +47.44% | Nov 12, 2024 |
Financial Forecast
Revenue This Year
275.95M
from 275.63M
Increased by 0.12%
Revenue Next Year
282.62M
from 275.95M
Increased by 2.42%
EPS This Year
-0.28
from -0.25
EPS Next Year
-0.18
from -0.28
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 292.5M | 302.3M | 307.7M | ||
| Avg | 276.0M | 282.6M | 286.2M | ||
| Low | 260.5M | 263.9M | 268.2M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 6.1% | 9.5% | 8.9% | ||
| Avg | 0.1% | 2.4% | 1.2% | ||
| Low | -5.5% | -4.4% | -5.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -0.28 | -0.16 | -0.11 |
| Avg | -0.28 | -0.18 | -0.10 |
| Low | -0.27 | -0.21 | -0.10 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.