Veris Residential, Inc. Announces Dates for First Quarter 2024 F
Veris Residential, Inc. (NYSE: VRE) has announced that it will host its first quarter 2024 financial results webcast and conference call on Thursday, April 25, 2024, at 8:30 a.m. Eastern time. The company plans to release its financial results after the close of the market on Wednesday, April 24, 2024. Interested parties can access the webcast via the company's website or dial into a conference call using provided numbers.
Veris Residential Inc expected to post a loss of 73 cents a share - Earnings Preview
Veris Residential Inc is projected to report a loss of 73 cents per share. This information comes from a Refinitiv earnings preview. The article provides financial expectations for the company.
73,047 Shares in Veris Residential, Inc. $VRE Acquired by Centerpoint Advisors LLC
Centerpoint Advisors LLC has acquired a new position of 73,047 shares in Veris Residential, Inc. (NYSE: VRE) during the third quarter, valued at approximately $1.11 million. This acquisition represents 0.08% of Veris Residential's stock. Other institutional investors like Hantz Financial Services, Covestor Ltd, CWM LLC, AlphaQuest LLC, and Tower Research Capital LLC TRC have also increased their stakes in the company, bringing institutional ownership to about 93.04%.
Top 2 Real Estate Stocks That May Fall Off A Cliff In Q1
This article highlights two real estate stocks, Peakstone Realty Trust (PKST) and Veris Residential (VRE), that show signs of being overbought based on momentum indicators like the RSI. Peakstone Realty Trust recently saw a significant price jump due to an acquisition announcement, while Veris Residential also experienced recent gains. The analysis suggests these might be flashing a warning to investors who prioritize momentum.
Veris Residential, Inc. Announces Dates for Fourth Quarter and Full Year 2025 Financial Results and Webcast
Veris Residential, Inc. (NYSE: VRE) announced it will host a webcast and conference call for its fourth quarter and full year 2025 financial results on Wednesday, February 25, 2026, at 8:30 a.m. ET. The results will be released after market close on Tuesday, February 24, 2026. A replay of the conference call will be available until March 11, 2026.
Veris Residential, Inc. Announces Dates for Fourth Quarter and Full Year 2025 Financial Results and Webcast
Veris Residential, Inc. (NYSE: VRE) announced that it will host its fourth quarter and full year 2025 financial results webcast and conference call on Wednesday, February 25, 2026, at 8:30 a.m. ET. The company plans to release its results after market close on Tuesday, February 24, 2026. Interested parties can access the webcast via the company's website or dial into the conference call using provided numbers.
Veris Residential, Inc. Announces Dates for Fourth Quarter and Full Year 2025 Financial Results and Webcast
Veris Residential, Inc. announced it will host its fourth quarter and full year 2025 financial results webcast and conference call on Wednesday, February 25, 2026, at 8:30 a.m. ET. The company will release its results after market close on Tuesday, February 24, 2026. Details for accessing the webcast and conference call replay were provided.
B&I Capital AG Sells 270,440 Shares of Veris Residential, Inc. $VRE
B&I Capital AG has significantly reduced its stake in Veris Residential, Inc. (VRE) by selling 270,440 shares in the third quarter, decreasing its holding by 59.4%. The firm now owns 184,640 shares, representing approximately 0.20% of Veris Residential. Despite this reduction, institutional investors collectively own 93.04% of VRE, carrying a consensus "Hold" rating from Wall Street with an average price target of $18.67.
Veris Residential Announces Tax Treatment of 2025 Distributions
Veris Residential, Inc. announced the tax treatment for its 2025 distributions, totaling $0.32 per share of common stock. The distributions are classified for income tax purposes, with specific amounts allocated to ordinary dividends, return of capital, and other categories. Shareholders are advised to consult their tax advisors regarding the specific tax treatment of these distributions.
Veris Residential Announces Tax Treatment of 2025 Distributions
Veris Residential, Inc. announced the tax treatment for its 2025 distributions, totaling $0.32 per share of common stock. The distributions are classified for income tax purposes, detailing the amounts recognized as ordinary dividends, capital gain, and return of capital across four quarterly payments. Shareholders are advised to consult their tax advisors for specific tax treatment.
Veris Residential, Inc. (NYSE:VRE) Short Interest Update
Veris Residential, Inc. (NYSE:VRE) experienced a significant 28.0% drop in short interest during December, totaling 2,517,163 shares by month-end, representing 3.2% of its shares short and a 3.8-day cover ratio. The company maintains a "Hold" consensus analyst rating with a target price of $18.67, alongside a recent Q3 EPS beat and a quarterly dividend of $0.08. Institutional investors have been adjusting their positions, with notable increases in holdings by several firms.
Veris Residential (NYSE:VRE) Trading Up 0.4% - Here's What Happened
Veris Residential (NYSE:VRE) saw its shares increase by 0.4% on Friday, closing at $14.9150 with a trading volume slightly below its average. The company has a mixed analyst outlook, with one Buy rating and three Hold ratings, maintaining an average price target of $18.67. Financially, Veris Residential exceeded Q3 EPS estimates, set positive FY2025 guidance, and offers a quarterly dividend with a 2.1% yield.
A Look At Veris Residential (VRE) Valuation As Portfolio Optimization And Earnings Upgrades Take Shape
Veris Residential (VRE) is undergoing portfolio optimization and balance sheet reinforcement, leading to modest upward earnings estimate revisions for 2025 and 2026. Despite recent soft stock momentum, Simply Wall St values the company at $18.00, suggesting it is undervalued compared to its current trading price of US$14.79, although challenges like high net debt and occupancy pressures exist. The article prompts investors to consider whether the current discount indicates an opportunity or if the market has already factored in future growth.
Zacks Industry Outlook Highlights Equity LifeStyle Properties and Veris Residential
Zacks Equity Research highlights Equity LifeStyle Properties (ELS) and Veris Residential (VRE) as residential REITs well-positioned to navigate a challenging market characterized by supply overhangs, uneven demand, and cost pressures. Despite a "bleak" near-term outlook for the overall residential REIT industry due to softened rent growth and valuation underperformance, these specific companies are expected to benefit from steady occupancy, property upgrades, and strategic portfolio management. The market continues to see strong demand for renting due to high mortgage rates and limited housing supply, providing long-term support for the sector.
Veris Residential completes $75 million sale of Harborside 8/9 land parcel to Panepinto Properties
Veris Residential, a multifamily REIT, sold its 4.2-acre Harborside 8/9 land parcel for $75 million, with net proceeds estimated at $69 million. This sale significantly strengthens Veris Residential's balance sheet, reducing its Net Debt-to-EBITDA (Normalized) to 9.0x and exceeding its original asset sales target. The company aims to further delever to below 8.0x by year-end 2026.
Boothbay Fund Management LLC Has $7.26 Million Stock Holdings in Veris Residential, Inc. $VRE
Boothbay Fund Management LLC significantly increased its stake in Veris Residential, Inc. (VRE) by 21.2% in Q2, bringing its total holding to 487,868 shares valued at approximately $7.26 million. Other major institutions like Prudential and State Street also boosted their positions, contributing to institutional investors owning about 93.04% of the company. Veris Residential reported strong Q3 earnings, beating EPS expectations, and has an average "Hold" rating from analysts with an $18.25 price target.
Veris Residential completes $75M sale of Jersey City Harborside 8/9 land parcel
Veris Residential has completed the sale of its 4.2-acre Harborside 8/9 land parcel in Jersey City for $75 million, with net proceeds of approximately $69 million. This sale significantly reduces the company's debt, bringing Net Debt-to-EBITDA (Normalized) to an estimated 9.0x, ahead of its 2026 target. The company has exceeded its asset sales target for the year and raised its new target to $650 million.
Panepinto closes deal for Harborside parcels in Jersey City, advancing long-awaited plan for 1,257-unit development
Panepinto Properties has acquired two Harborside parcels in Jersey City from Veris Residential Inc. for $75 million, facilitated by Cushman & Wakefield. This deal marks a significant step towards developing a 1,257-unit mixed-use project across two high-rise towers. The acquisition enables Panepinto to advance the long-anticipated development, contributing to the evolving Jersey City waterfront.
Norges Bank Takes $3.70 Million Position in Veris Residential, Inc. $VRE
Norges Bank recently acquired a new position in Veris Residential, Inc. (NYSE:VRE), purchasing 248,371 shares valued at approximately $3.70 million, representing about 0.27% of the company. This move highlights institutional interest, with other major investors like Prudential and Nuveen also holding significant stakes. Veris Residential, a REIT with a $1.33 billion market cap, recently exceeded quarterly EPS estimates and announced a quarterly dividend of $0.08.
Veris Residential Completes $75 Million Sale of Harborside 8/9 Land Parcel
Veris Residential, Inc. has sold its 4.2-acre Harborside 8/9 land parcel in Jersey City for $75 million, with net proceeds of approximately $69 million intended for debt reduction. This transaction is expected to improve Net Debt-to-EBITDA to approximately 9.0x and be accretive by $0.04 per share of Core FFO. The company has exceeded its asset sales target for the year and raised its future target to $650 million.
Veris Residential (NYSE:VRE) Sees Strong Trading Volume - Still a Buy?
Shares of Veris Residential (NYSE:VRE) experienced a significant surge in trading volume, up 61% from the previous session, with the stock closing slightly higher. Despite a Wall Street Zen upgrade to "Buy," the consensus among analysts remains a "Hold" with an average target price of $18.25. The company also declared a quarterly dividend of $0.08 per share, payable in January.
Veris Residential Completes $75 Million Sale of Harborside 8/9 Land Parcel
Veris Residential, Inc. has sold its 4.2-acre Harborside 8/9 land parcel in Jersey City, New Jersey, for $75 million. The net proceeds of approximately $69 million will reduce the company's Net Debt-to-EBITDA to about 9.0x, ahead of its 2026 target. This transaction is expected to be accretive by approximately $0.04 per share to Core FFO on a run-rate basis.
Veris Residential completes $75 Million Sale of Harborside 8/9 Land Parcel
Veris Residential, Inc. has sold its 4.2-acre Harborside 8/9 land parcel in Jersey City for $75 million. The net proceeds of $69 million will reduce the company's net debt-to-EBITDA to approximately 9.0x and are expected to be accretive by approximately $0.04 per share to Core FFO. This sale helps Veris Residential exceed its initial asset sales target for the year and accelerate its deleveraging goals.
Veris Residential Completes $75 Million Sale of Harborside 8/9 Land Parcel
Veris Residential, Inc. (NYSE: VRE) has announced the sale of its 4.2-acre Harborside 8/9 land parcel in Jersey City for $75 million, with net proceeds of approximately $69 million intended for debt reduction. This transaction is expected to decrease Net Debt-to-EBITDA (Normalized) to about 9.0x and be accretive by approximately $0.04 per share to Core FFO. The sale marks a significant step in the company's strategic plan to monetize non-strategic assets and strengthen its balance sheet, exceeding its original asset sales target for the year.
Veris Residential Completes $75 Million Sale of Harborside 8/9 Land Parcel
Veris Residential, Inc. has sold its 4.2-acre Harborside 8/9 land parcel in Jersey City for $75 million, with net proceeds of approximately $69 million intended to reduce debt. This transaction is expected to lower the company's Net Debt-to-EBITDA (Normalized) to 9.0x and be accretive by about $0.04 per share to Core FFO. The sale marks a significant step in the company's strategic plan to monetize non-strategic assets and strengthen its balance sheet, exceeding its initial asset sales target for the year.
Legal & General Group Plc Increases Stock Holdings in Veris Residential, Inc. $VRE
Legal & General Group Plc significantly increased its stake in Veris Residential, Inc. (NYSE:VRE) by 54.8% in Q2, now holding 837,050 shares valued at approximately $12.46 million. This move comes as Veris Residential reported strong quarterly earnings, beating consensus estimates, and declared a quarterly dividend of $0.08 per share. Despite some analyst downgrades to "Hold," the company's strong institutional ownership and financial performance suggest continued investor interest.
Veris Residential General Counsel Advises Companies to be Easily Understandable for Investors
Taryn Fielder, EVP, General Counsel, and Secretary at Veris Residential, Inc. (NYSE: VRE), emphasizes the importance of clear and straightforward communication for investors. She believes that companies should strive to be easily understandable, advocating for initiatives that simplify disclosure and reporting. Fielder also discussed how her role as general counsel differs between office and multifamily REITs.
Veris Residential, Inc. Reports Third Quarter 2025 Results
Veris Residential, Inc. announced its Q3 2025 results, reporting diluted net income of $0.80 per share and Core FFO of $0.20 per share. The company significantly advanced its deleveraging efforts with $542 million in asset sales, reducing Net Debt-to-EBITDA to 10.0x, and raised its 2025 Core FFO guidance due to tax appeal refunds. Operationally, it achieved a 3.9% year-over-year Same Store Blended Net Rental Growth Rate and maintained high occupancy.
Veris Residential Declares Fourth Quarter 2025 Cash Dividend
Veris Residential, Inc. announced a cash dividend of $0.08 per share for the fourth quarter of 2025. The dividend, declared by the Board of Directors, is for the period ending December 31, 2025, and will be paid on January 9, 2026, to shareholders of record as of December 31, 2025. Veris Residential is a Northeast-focused Class A multifamily REIT.
Veris Residential, Inc. Reports Third Quarter 2025 Results – Company Announcement
Veris Residential, Inc. (NYSE: VRE) announced its third-quarter 2025 results, highlighting significant progress in deleveraging and operational performance. The company accelerated debt reduction with $542 million in non-strategic asset sales, leading to a lowered Net Debt-to-EBITDA (Normalized) ratio. Veris Residential also raised its 2025 Core FFO per share guidance, reflecting strong blended net rental growth and successful tax appeal resolutions.
What To Expect From Veris Residential Inc (VRE) Q3 2025 Earnings
Veris Residential Inc (VRE) is projected to release its Q3 2025 earnings on October 22, 2025, with revenue estimated at $74.36 million and a loss of -$0.06 per share. Revenue and earnings estimates for 2025 and 2026 have shown improvement over the past 90 days. The average analyst price target for VRE is $18, suggesting a potential upside of 22.78% from its current price.
Revenue per share of Veris Residential, Inc. – NYSE:VRE - TradingView
This page from TradingView presents financial data for Veris Residential, Inc. (NYSE: VRE), specifically focusing on its revenue per share. While no specific revenue figures are currently displayed, the page indicates that historical and current data for this metric would be available here.
Veris Residential (VRE) to Release Earnings on Wednesday - Defense World
Veris Residential (VRE) is scheduled to release earnings on Wednesday, October 15th, 2025. The company recently announced a quarterly dividend of $0.08, paid on October 10th, and has seen varied analyst ratings with price target adjustments. Institutional investors have also been actively changing their positions in VRE stock.
Q3 2025 results release Oct. 22 — Veris Residential to webcast earnings and host call Oct. 23
Veris Residential, Inc. announced the dates for its third quarter 2025 financial results release and webcast. The company will report results after market close on Wednesday, October 22, 2025, and host a webcast and conference call on Thursday, October 23, 2025, at 8:30 a.m. ET. Investors can access the live event via the company's website or by phone, with a replay available for one month following the call.
Veris Residential Releases 2024 Sustainability Report
Veris Residential, Inc. released its 2024 Sustainability Report, highlighting strategic investments that generated measurable returns and strengthened its competitive position in the multifamily market. The report details achievements such as GRESB's highest U.S. listed residential multifamily score, 79% green-certified properties, and securing sustainability-linked financing. The company maintains leadership in emissions reduction and outlines future sustainability projects.
CBRE: Veris sells 240-unit high-end rental property in Park Ridge for $117 million
Veris Residential Inc. has sold "The James," a 240-unit luxury apartment building in Park Ridge, for $117 million to an undisclosed buyer. This sale follows Veris's strategy of divesting premium multifamily assets in New Jersey, with brokers from CBRE advising on the deal. The property boasts high-end amenities and a prime location in downtown Park Ridge.
Veris Residential Appoints Christopher Papa to Board of Directors
Veris Residential, Inc. (NYSE: VRE) has appointed Christopher Papa, Executive Vice President and CFO at CenterPoint Properties, to its Board of Directors, effective July 23, 2025. Papa brings over 30 years of real estate, accounting, and corporate finance experience, including specialized expertise in multifamily real estate, audit, and M&A. Concurrently, Ronald M. Dickerman has stepped down from the Board, with Veris Residential expressing gratitude for his contributions and confidence in Papa's ability to help drive the company's corporate strategy and maximize shareholder value.
Veris Residential Completes Liquidity Enhancing Transactions
Veris Residential, Inc. has announced the amendment of its $500 million credit facility and the sale of Signature Place for $85 million. These actions are part of its 2025 corporate plan to reduce leverage and optimize its balance sheet, aiming to lower Net Debt to EBITDA to below 10.0x by year-end 2025 and below 9.0x by year-end 2026. The amended facility provides improved borrowing costs and increased financial flexibility for the company.
Veris Residential CEO Sees Jersey City Demand Driven by Manhattan Spillover
Mahbod Nia, CEO of Veris Residential, anticipates sustained demand and rent growth in Jersey City due to limited new supply and spillover from Manhattan. The company plans to consolidate a joint venture property, Sable, and sell $300-$500 million in non-core assets to strengthen its balance sheet and potentially repurchase shares. This strategic focus aims to capitalize on the housing shortfall and current stock valuation.
Shiff, veteran CRE executive, joins STRO as chief operating officer
Gabriel Shiff, a seasoned commercial real estate executive with 25 years of experience, has been appointed as the new chief operating officer for The STRO Cos. In his new role, Shiff will oversee all aspects of STRO's real estate platform, including acquisitions, capital markets, and asset management, working alongside founder Steven Millstein to expand their portfolio in existing and new markets. His background includes a significant tenure at Roseland Property Co. where he managed over $3 billion in acquisitions and dispositions.
Jersey City Council Bans the Use of AI-Driven Software When Setting Rent Prices
The Jersey City Council has unanimously passed an ordinance prohibiting landlords from using AI-driven software to set rental prices, making it the first municipality in New Jersey to implement such a ban. This decision comes as Jersey City faces rapidly increasing rent prices and a significant number of rent-burdened residents, amidst legal action against companies like RealPage for alleged anti-competitive practices. The new law aims to combat what officials describe as exploitation and collusion by corporate landlords driving up housing costs.
JLL: Veris sells Wall Township tract slated for 296 townhomes to Lennar
Veris Residential Inc. has sold a 47-acre tract in Wall Township to Lennar Corp. for $31 million, a deal arranged by JLL. The property is approved for 228 market-rate duplexes and 68 affordable triplex homes, alongside recreational facilities. The transaction highlights strong demand for residential development in affluent New Jersey submarkets, particularly for approved projects where housing supply continues to lag demand.
New Jersey sues landlords, software company over rent-fixing claims
New Jersey Attorney General Matt Platkin has filed a federal lawsuit against 10 of the state's largest landlords and RealPage Inc., a property management software company, accusing them of colluding to illegally inflate rents. Platkin alleges that RealPage's algorithmic pricing software and the landlords' coordinated actions led to market manipulation, forcing thousands of renters to overpay and exacerbating the state's affordable housing crisis. RealPage denies the claims, stating its software helps comply with housing laws and does not use personal data to set prices, while an advocacy group, Accountable.US, applauded the lawsuit for tackling alleged price-gouging.
Veris buys out Ironstate, consolidates ownership of Jersey City Urby in $39 million deal
Veris Residential Inc. has acquired Ironstate Holdings' 15 percent stake in the 762-unit Jersey City Urby apartment tower for $38.5 million, consolidating its ownership. The building at 200 Greene St. has been rebranded as Sable, and Veris Residential is now the sole owner and manager. This transaction comes eight years after the project's completion by Veris Residential's predecessor, Mack-Cali Realty Corp., and Ironstate, aimed at bringing luxury housing to the Harborside complex.
Veris Residential buys 15% stake in Jersey City multifamily for $38.5 million
Veris Residential has acquired a 15% stake in a Jersey City multifamily property, now renamed Sable, for $38.5 million. This acquisition, which includes the termination of the Urby management contract and an annual tax credit, simplifies Veris Residential's portfolio and is expected to increase earnings. The 69-story high-rise, formerly known as Urby Jersey City, offers a mix of apartment types and amenities, thriving in Jersey City's robust multifamily market.
Veris-, Woodmont-led venture sells 50,000 sq. ft. Morristown retail asset to Winfield Properties
A joint venture led by Veris Residential Inc. and Woodmont Properties has sold nearly 50,000 square feet of retail space in downtown Morristown to Winfield Properties. The Shops at 40 Park, located at 40 West Park Place, is fully leased at street level but includes 15,000 square feet of vacant space on the lower level, which the buyer plans to reposition. JLL brokered the undisclosed transaction for the property, which houses tenants like Starbucks and Roots Steakhouse.
Multi-housing development site in Jersey City trades for $54M
JLL Capital Markets announced the $54 million sale of a 1.73-acre multi-housing development site at 107 Morgan Street in Jersey City's Waterfront neighborhood. Veris Residential sold the site to LCOR, Inc., which plans to develop approximately 650 units, ground-floor retail, and amenity space. The location offers excellent transit access to Manhattan and is situated in the Powerhouse Arts District.
LCOR buys Jersey City development site from Veris Residential, eyes new high-rise project
LCOR Inc. has acquired a 1.73-acre development site at 107 Morgan St. in downtown Jersey City from Veris Residential Inc. for $54 million. The site, zoned for high-rise residential, is planned for 624 apartments, ground-floor retail, and amenities, and is located near the Grove Street PATH station and Hudson waterfront. Veris Residential sold the parcel as part of its strategy to divest non-strategic assets, having already sold $179 million in such assets, and secured a $500 million credit facility for liquidity.
Veris Residential Looks to Next Phase as Pure-Play Multifamily REIT
Veris Residential, under CEO Mahbod Nia, has successfully transitioned from an office-heavy portfolio to a pure-play multifamily REIT, selling $2.5 billion in non-strategic assets and growing its multifamily holdings. The company is now focusing on optimizing its operations, capital allocation, and balance sheet to drive continued value creation and enhance shareholder returns. Despite challenges like its current market capitalization and balance sheet leverage compared to peers, Veris Residential aims for organic growth and long-term value through strategic capital investments and commitment to sustainability.
Veris: Q3 Earnings Snapshot
Veris Residential, Inc. (VRE) reported its Q3 earnings, showing funds from operations of $11.6 million, or 12 cents per share. The real estate investment trust also reported a net loss of $54.8 million, or 60 cents per share, on revenue of $71.5 million. These figures provide insight into the company's profitability and financial performance for the quarter.
