Veris Residential Sees FY24 Core FFO $0.52-$0.56 Vs $0.53 Est.
$VRE
Real Estate Investment Trusts
Real Estate
Veris Residential Sees FY24 Core FFO $0.52-$0.56 Vs $0.53 Est.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/12/2024 | $20.00 → $23.00 | Neutral → Buy | BofA Securities |
| 10/25/2023 | $15.00 → $14.00 | Underweight | JP Morgan |
| 7/27/2023 | $18.00 → $19.00 | In-line → Outperform | Evercore ISI |
| 5/16/2023 | $15.00 → $19.00 | Hold → Buy | Deutsche Bank |
| 11/14/2022 | $16.00 → $18.00 | Underperform → Neutral | BofA Securities |
BofA Securities upgraded Veris Residential from Neutral to Buy and set a new price target of $23.00 from $20.00 previously
JP Morgan resumed coverage of Veris Residential with a rating of Underweight and set a new price target of $14.00 from $15.00 previously
Evercore ISI upgraded Veris Residential from In-line to Outperform and set a new price target of $19.00 from $18.00 previously
NEW YORK, Feb. 27, 2023 /PRNewswire/ -- Kushner (together with its affiliates, "Kushner"), a seasoned real estate owner and operator and one of the largest shareholders of Veris Residential (NYSE:VRE) ("Veris"), today sent a press release regarding Veris' two new board appointments: Kushner Applauds New Board Appointments at Veris The full text of the press release follows: Kushner Companies LLC ("Kushner") today issued the following statement: As one of the largest shareholders of Veris Residential Inc. (NYSE:VRE), Kushner applauds today's announcement of the appointment of Stephanie Williams and Ronald Dickerman to Veris' Board of Directors. Stephanie and Ronald are deeply experienced rea
Real Estate Industry Veterans Ronald M. Dickerman and Stephanie L. Williams to Join Board Alan R. Batkin to Retire from Board Board Refreshment Reflects Veris Residential's Ongoing Commitment to Best-in-Class Corporate Governance JERSEY CITY, N.J., Feb. 27, 2023 /PRNewswire/ -- Veris Residential, Inc. (NYSE:VRE) (the "Company"), a forward-thinking, environmentally- and socially-conscious real estate investment trust (REIT) that primarily owns, operates, acquires, and develops Class A multifamily properties, today announced the appointment of two new independent directors, Ronald M. Dickerman, Founder and President of Madison International Realty, and Stephanie L. Williams, President of Bozzu
Formally Announces Karen Cusmano Head of Sustainability and ESG Launches New Website Unifying Company's Entire Portfolio on One User-Friendly Platform JERSEY CITY, N.J., May 31, 2022 /PRNewswire/ -- Veris Residential, Inc. (NYSE:VRE), a forward-thinking, environmentally- and socially-conscious REIT that primarily owns, operates, acquires, and develops Class A multifamily properties, today released its 2021 ESG Report. The report, which is available on the Company's new website here, details the progress that Veris Residential has made in becoming a more responsible, sustainable, and inclusive owner, operator, and developer, while continuing its pursuit of long-term value creation for shareh
4 - Veris Residential, Inc. (0000924901) (Issuer)
4 - Veris Residential, Inc. (0000924901) (Issuer)
4 - Veris Residential, Inc. (0000924901) (Issuer)
8-K - Veris Residential, Inc. (0000924901) (Filer)
8-K - Veris Residential, Inc. (0000924901) (Filer)
S-8 - Veris Residential, Inc. (0000924901) (Filer)
SC 13G/A - Veris Residential, Inc. (0000924901) (Subject)
SC 13G/A - Veris Residential, Inc. (0000924901) (Subject)
SC 13G/A - Veris Residential, Inc. (0000924901) (Subject)
Veris Residential (NYSE:VRE) reported quarterly earnings of $0.18 per share which beat the analyst consensus estimate of $0.14 by 28.57 percent. This is a 12.5 percent increase over earnings of $0.16 per share from the same period last year. The company reported quarterly sales of $67.476 million which beat the analyst consensus estimate of $66.992 million by 0.72 percent. This is a 5.09 percent increase over sales of $64.206 million the same period last year.
In the preceding three months, 4 analysts have released ratings for Veris Residential (NYSE:VRE), presenting a wide array of perspectives from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 1 2 1 0 Last 30D 0 0 1 0 0 1M Ago 0 1 0 1 0 2M Ago 0 0 0 0 0 3M Ago 0 0 1 0 0 Analysts have set 12-month price targets for Veris Residential, revealing an average target of $14.25, a high estimate of $16.00, and a low estimate of $13.00. Experiencing a 1.72% decline, the c
JERSEY CITY, N.J., Nov. 13, 2024 /PRNewswire/ -- Veris Residential, Inc. (NYSE:VRE) ("Veris Residential" or the "Company"), a forward-thinking, environmentally and socially conscious multifamily REIT, today announced that the Company's Board of Directors has declared a cash dividend on its common stock for the fourth quarter 2024 in the amount of $0.08 for the period ending December 31, 2024. The dividend will be paid on January 10, 2025, to shareholders of record as of December 31, 2024. The timing and amount of future dividends is subject to approval by the Board of Director
Raises Full-Year 2024 Guidance JERSEY CITY, N.J., Oct. 30, 2024 /PRNewswire/ -- Veris Residential, Inc. (NYSE:VRE) (the "Company"), a forward-thinking, environmentally and socially conscious multifamily REIT, today reported results for the third quarter 2024. Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Net Income (Loss) per Diluted Share $(0.10) $(0.60) $(0.12) $(1.16) Core FFO per Diluted Share $0.17 $0.12 $0.49 $0.42 Core AFFO per Diluted Share $0.19 $0.15 $0.58 $0.48 Dividend per Diluted Share $0.07 $0.05 $0.18 $0.05 YEAR-TO-DATE HIG
JERSEY CITY, N.J., Oct. 10, 2024 /PRNewswire/ -- Veris Residential, Inc. ("Veris Residential" or the "Company") (NYSE:VRE), a forward-thinking, environmentally and socially conscious REIT that primarily owns, operates, acquires and develops Class A multifamily properties, today announces that it will host its third quarter 2024 financial results webcast and conference call on Thursday, October 31, 2024, at 8:30 a.m., eastern. The Company will release its results after the close of market on Wednesday, October 30, 2024. The webcast can be listened to via the Internet by accessi
JERSEY CITY, N.J., Nov. 13, 2024 /PRNewswire/ -- Veris Residential, Inc. (NYSE:VRE) ("Veris Residential" or the "Company"), a forward-thinking, environmentally and socially conscious multifamily REIT, today announced that the Company's Board of Directors has declared a cash dividend on its common stock for the fourth quarter 2024 in the amount of $0.08 for the period ending December 31, 2024. The dividend will be paid on January 10, 2025, to shareholders of record as of December 31, 2024. The timing and amount of future dividends is subject to approval by the Board of Director
Raises Full-Year 2024 Guidance JERSEY CITY, N.J., Oct. 30, 2024 /PRNewswire/ -- Veris Residential, Inc. (NYSE:VRE) (the "Company"), a forward-thinking, environmentally and socially conscious multifamily REIT, today reported results for the third quarter 2024. Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Net Income (Loss) per Diluted Share $(0.10) $(0.60) $(0.12) $(1.16) Core FFO per Diluted Share $0.17 $0.12 $0.49 $0.42 Core AFFO per Diluted Share $0.19 $0.15 $0.58 $0.48 Dividend per Diluted Share $0.07 $0.05 $0.18 $0.05 YEAR-TO-DATE HIG
JERSEY CITY, N.J., Oct. 10, 2024 /PRNewswire/ -- Veris Residential, Inc. ("Veris Residential" or the "Company") (NYSE:VRE), a forward-thinking, environmentally and socially conscious REIT that primarily owns, operates, acquires and develops Class A multifamily properties, today announces that it will host its third quarter 2024 financial results webcast and conference call on Thursday, October 31, 2024, at 8:30 a.m., eastern. The Company will release its results after the close of market on Wednesday, October 30, 2024. The webcast can be listened to via the Internet by accessi
4 - Veris Residential, Inc. (0000924901) (Issuer)
4 - Veris Residential, Inc. (0000924901) (Issuer)