Veris (VRE) delivered FFO and revenue surprises of +21.43% and +4.51%, respectively, for the quarter ended June 2025. Do the numbers hold clues to what lies ahead for the stock?
Despite macroeconomic uncertainty, healthy rental demand amid favorable demographics and high homeownership costs poise Residential REITs like VRE, ELME and NXRT well for growth.
The average of price targets set by Wall Street analysts indicates a potential upside of 25.9% in Veris (VRE). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.