Veris Residential, Inc. Hits New 52-Week High at $18.89

Feb 24 2026 04:48 PM IST
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Veris Residential, Inc. has achieved a new 52-week high, reflecting strong performance with a notable increase over the past year. The company reported substantial net profit growth and impressive operating cash flow, alongside a solid return on equity, positioning it as a significant player in the realty sector.
Veris Residential, Inc. Hits New 52-Week High at $18.89
Veris Residential, Inc., a small-cap player in the realty sector, has reached a significant milestone by hitting a new 52-week high of USD 18.89 on February 23, 2026. This achievement underscores the company's strong performance over the past year, with a notable increase of 24.16%, significantly outpacing the S&P 500's growth of 12.95%.
The company has demonstrated impressive financial metrics, including a remarkable net profit growth of 572.55% reported on June 25. Veris Residential's operating cash flow reached its highest at USD 80.1 million, reflecting robust operational efficiency. Additionally, the company's return on equity stands at 6.86%, indicating effective management of shareholder funds. Despite a challenging valuation landscape, with a price-to-book ratio of 1.35, Veris Residential continues to attract attention due to its strong performance indicators. The stock's 52-week low was recorded at USD 13.69, highlighting the significant upward movement in its price. With a dividend yield of 185.75%, the company remains a noteworthy entity in the realty industry.
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