Veris Residential, Inc. (VRE)

NYSE: VRE · IEX Real-Time Price · USD
16.70 -0.27 (-1.59%)
Jan 24, 2022 4:00 PM EST - Market closed
Market Cap1.52B
Revenue (ttm)322.29M
Net Income (ttm)-27.14M
Shares Out90.94M
EPS (ttm)-0.40
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volumen/a
Openn/a
Previous Close16.97
Day's Range16.16 - 16.84
52-Week Range12.05 - 19.90
Beta1.03
Analystsn/a
Price Targetn/a
Earnings DateFeb 23, 2022

About VRE

Veris Residential, Inc. is a forward-thinking, environmentally- and socially-conscious real estate investment trust (REIT) that primarily owns, operates, acquires, and develops holistically-inspired, Class A multifamily properties that meet the sustainability-conscious lifestyle needs of today's residents while seeking to positively impact the communities it serves and the planet at large. The company is guided by an experienced management team and Board of Directors and is underpinned by leading corporate governance principles, a best-in-class...

IndustryREIT-Residential
IPO DateAug 24, 1994
Employees256
Stock ExchangeNYSE
Ticker SymbolVRE
Full Company Profile

Financial Performance

Financial Statements

News

Veris Residential Announces Financial Leadership Transition

JERSEY CITY, N.J., Jan. 12, 2022 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE), a forward-thinking, environmentally- and socially-conscious REIT that primarily owns, operates, acquires, and develo...

1 week ago - PRNewsWire

Is Veris Residential (VRE) Stock a Solid Choice Right Now?

Veris Residential (VRE) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

4 weeks ago - Zacks Investment Research

Veris Residential Announces Establishment of At-The-Market Share Offering Program

JERSEY CITY, N.J., Dec. 13, 2021 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE), a forward-thinking, environmentally- and socially-conscious REIT that primarily owns, operates, acquires, and develo...

1 month ago - PRNewsWire

Mack-Cali (CLI) Converts to Multifamily REIT, Adopts New Name

With its transition into a pure-play multifamily REIT, Mack-Cali (CLI) changes its name to Veris Residential.

1 month ago - Zacks Investment Research

Mack-Cali Becomes Veris Residential

JERSEY CITY, N.J., Dec. 7, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announced that it has rebranded to Veris Residential, Inc. reflecting the company's new strategic direction...

1 month ago - PRNewsWire

Why Is Mack-Cali (CLI) Down 11.1% Since Last Earnings Report?

Mack-Cali (CLI) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

Is Hold Strategy Apt for Mack-Cali Realty (CLI) Stock Now?

While Mack-Cali Realty (CLI) is likely to capitalize on its solid presence in high barrier-to-entry markets and investments in waterfront properties, a leveraged balance sheet is concerning.

1 month ago - Zacks Investment Research

Mack-Cali Realty (CLI) Q3 FFO & Revenues Beat Estimates

While Mack-Cali Realty's (CLI) Q3 results reflect improvements in the same-store NOI of its office and multi-family portfolios, declining same-store cash revenues in office properties was a deterrent.

2 months ago - Zacks Investment Research

Mack-Cali Realty (CLI) Q3 FFO and Revenues Surpass Estimates

Mack-Cali (CLI) delivered FFO and revenue surprises of 30.77% and 8.63%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Mack-Cali Realty Corporation Reports Third Quarter 2021 Results

JERSEY CITY, N.J., Nov. 3, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today reported its results for the third quarter 2021.

2 months ago - PRNewsWire

Mack-Cali Realty Corporation Announces Third Quarter 2021 Earnings Release Date

JERSEY CITY, N.J., Oct. 22, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announces that it will host its third quarter 2021 earnings conference call with management on Thursday, N...

3 months ago - PRNewsWire

Why Is Mack-Cali (CLI) Down 2.1% Since Last Earnings Report?

Mack-Cali (CLI) reported earnings 30 days ago. What's next for the stock?

4 months ago - Zacks Investment Research

Here's Why You Should Hold Mack-Cali Realty (CLI) Stock for Now

Despite a leveraged balance sheet, Mack-Cali Realty (CLI) is likely to capitalize on the back of its solid presence in high barrier-to-entry markets and investments in waterfront properties.

5 months ago - Zacks Investment Research

Mack-Cali Realty (CLI) Q2 FFO Beat, Revenues Miss Estimates

While Mack-Cali's (CLI) Q2 results reflect improvements in same-store cash revenues and NOI in its office portfolio, declining same-store NOI in the multi-family portfolio was a deterrent.

5 months ago - Zacks Investment Research

Mack-Cali Realty (CLI) Q2 FFO Surpass Estimates

Mack-Cali (CLI) delivered FFO and revenue surprises of 25.00% and -1.91%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Mack-Cali Realty Corporation Reports Second Quarter 2021 Results

JERSEY CITY, N.J., July 28, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today reported its results for the second quarter 2021.

5 months ago - PRNewsWire

Mack-Cali Realty Corporation Announces Second Quarter 2021 Earnings Release Date

JERSEY CITY, N.J., July 13, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announces that it will host its second quarter 2021 earnings conference call with management on Thursday, ...

6 months ago - PRNewsWire

3 Equity REIT Stocks Poised to Stay Afloat Despite Industry Hiccups

3 Equity REIT Stocks Poised to Stay Afloat Despite Industry Hiccups

Other symbols:NSAOUT
6 months ago - Zacks Investment Research

Why It Is Wise to Retain Mack-Cali Realty (CLI) Stock Now

Investments in waterfront properties and a strong presence in high barrier-to-entry markets will act as growth drivers for Mack-Cali Realty (CLI) despite a leveraged balance sheet.

6 months ago - Zacks Investment Research

Mack-Cali (CLI) Disposes Suburban Office Portfolio for $84M

Mack-Cali's (CLI) disposition of River Centre portfolio in Red Bank NJ will likely simplify the business and solidify its balance-sheet position.

7 months ago - Zacks Investment Research

Mack-Cali Appoints Victor B. MacFarlane to Board of Directors

JERSEY CITY, N.J., June 14, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) announces the appointment of Victor B.

7 months ago - PRNewsWire

Mack-Cali Sells Red Bank Office Portfolio for $84 Million

JERSEY CITY, N.J., June 14, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announces the $84 million sale of River Centre, a 639,490 square foot office portfolio in Red Bank, New Je...

7 months ago - PRNewsWire

All You Need to Know About Mack-Cali (CLI) Rating Upgrade to Buy

Mack-Cali (CLI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

7 months ago - Zacks Investment Research

Mack-Cali Unveils Latest Phase of Harborside Campus Transformation Along Jersey City Waterfront

JERSEY CITY, N.J., May 10, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today unveiled the latest phase of the transformation of its Harborside campus in Jersey City.

8 months ago - PRNewsWire

Mack-Cali (CLI) Q1 FFO Tops Estimates, Revenues & NOI Dip Y/Y

While Mack-Cali's (CLI) multi-family residential portfolio sees decent leasing activity in the first quarter, the pandemic-led woes and high vacancy continue to dampen office portfolio performance.

8 months ago - Zacks Investment Research