Veris Residential upgraded by BofA Securities with a new price target
$VRE
Real Estate Investment Trusts
Real Estate
BofA Securities upgraded Veris Residential from Neutral to Buy and set a new price target of $23.00 from $20.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/26/2025 | $20.00 → $18.00 | Outperform → In-line | Evercore ISI |
| 12/17/2024 | $14.00 → $17.00 | Underweight → Neutral | 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 |
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)
144 - Veris Residential, Inc. (0000924901) (Subject)
144 - Veris Residential, Inc. (0000924901) (Subject)
Proceeds Will Reduce Net Debt-to-EBITDA to approximately 9.0x Transaction Expected to Be Accretive by Approximately $0.04 per Share to Core FFO JERSEY CITY, N.J., Dec. 9, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE:VRE), (the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today announced that it has sold its 4.2-acre Harborside 8/9 land parcel in Jersey City, New Jersey, for $75 million. Net proceeds are estimated to be approximately $69 million, which the Company intends to use to further reduce debt, improving Net Debt-to-EBITDA (Normaliz
JERSEY CITY, N.J., Nov. 5, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE:VRE) ("Veris Residential" or the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today announced that the Company's Board of Directors has declared a cash dividend on its common stock for the fourth quarter 2025 in the amount of $0.08 for the period ending December 31, 2025. The dividend will be paid on January 9, 2026, to shareholders of record as of December 31, 2025. About Veris Residential, Inc. Veris Residential, Inc. is a forward-thinking real estate investment trus
JERSEY CITY, N.J., Oct. 22, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE:VRE) (the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today reported results for the third quarter 2025. Three Months Ended September 30, Nine Months Ended September 30, 2025 2024 2025 2024 Net Income (loss) per Diluted Share $0.80 $(0.10) $0.81 $(0.12) Core FFO per Diluted Share $0.20 $0.17 $0.52 $0.49 Core AFFO per Diluted Share $0.19 $0.19 $0.55 $0.58 Dividend per Diluted Share $0.08 $0.07 $0.24 $0.1825 STRATEGIC UPDATE Meaningfully accelerated the Company's dele
4 - Veris Residential, Inc. (0000924901) (Issuer)
4 - Veris Residential, Inc. (0000924901) (Issuer)
Evercore ISI downgraded Veris Residential from Outperform to In-line and set a new price target of $18.00 from $20.00 previously
Analyst upgraded Veris Residential from Underweight to Neutral and set a new price target of $17.00 from $14.00 previously
BofA Securities upgraded Veris Residential from Neutral to Buy and set a new price target of $23.00 from $20.00 previously
Proceeds Will Reduce Net Debt-to-EBITDA to approximately 9.0x Transaction Expected to Be Accretive by Approximately $0.04 per Share to Core FFO JERSEY CITY, N.J., Dec. 9, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE:VRE), (the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today announced that it has sold its 4.2-acre Harborside 8/9 land parcel in Jersey City, New Jersey, for $75 million. Net proceeds are estimated to be approximately $69 million, which the Company intends to use to further reduce debt, improving Net Debt-to-EBITDA (Normaliz
JERSEY CITY, N.J., Nov. 5, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE:VRE) ("Veris Residential" or the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today announced that the Company's Board of Directors has declared a cash dividend on its common stock for the fourth quarter 2025 in the amount of $0.08 for the period ending December 31, 2025. The dividend will be paid on January 9, 2026, to shareholders of record as of December 31, 2025. About Veris Residential, Inc. Veris Residential, Inc. is a forward-thinking real estate investment trus
JERSEY CITY, N.J., Oct. 22, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE:VRE) (the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today reported results for the third quarter 2025. Three Months Ended September 30, Nine Months Ended September 30, 2025 2024 2025 2024 Net Income (loss) per Diluted Share $0.80 $(0.10) $0.81 $(0.12) Core FFO per Diluted Share $0.20 $0.17 $0.52 $0.49 Core AFFO per Diluted Share $0.19 $0.19 $0.55 $0.58 Dividend per Diluted Share $0.08 $0.07 $0.24 $0.1825 STRATEGIC UPDATE Meaningfully accelerated the Company's dele
Seasoned Real Estate CFO Brings Significant Multifamily Real Estate, Audit and M&A Experience to Board Ronald M. Dickerman to Step Down from Board JERSEY CITY, N.J., July 23, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE:VRE) ("Veris Residential" or the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today announced the appointment of Christopher Papa, Executive Vice President and Chief Financial Officer at CenterPoint Properties, to the Company's Board of Directors (the "Board"), effective July 23, 2025. Mr. Papa has over 30 years of experience working across real estate, accounting and corporate finance and brings specialized expertise in multifamily real
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
SC 13G/A - Veris Residential, Inc. (0000924901) (Subject)
SC 13G/A - Veris Residential, Inc. (0000924901) (Subject)
SC 13G/A - Veris Residential, Inc. (0000924901) (Subject)