Veris Residential, Inc. (VRE)
| Market Cap | 1.30B |
| Revenue (ttm) | 279.86M |
| Net Income (ttm) | -107.27M |
| Shares Out | 92.23M |
| EPS (ttm) | -1.22 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.21 (1.49%) |
| Ex-Dividend Date | Apr 2, 2024 |
| Volume | 321,599 |
| Open | 14.41 |
| Previous Close | 14.37 |
| Day's Range | 13.98 - 14.46 |
| 52-Week Range | 13.07 - 18.98 |
| Beta | 1.21 |
| Analysts | Buy |
| Price Target | 17.33 (+22.65%) |
| Earnings Date | Apr 24, 2024 |
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 principle; a best-in-class an... [Read more]
Financial Performance
In 2023, VRE's revenue was $279.86 million, an increase of 19.88% compared to the previous year's $233.45 million. Losses were -$107.27 million, 106.0% more than in 2022.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for VRE stock is "Buy." The 12-month stock price forecast is $17.33, which is an increase of 22.65% from the latest price.
News
Veris Residential, Inc. Announces Dates for First Quarter 2024 Financial Results and Webcast
JERSEY CITY, N.J., April 15, 2024 /PRNewswire/ -- Veris Residential, Inc. ("Veris Residential" or the "Company") (NYSE: VRE), a forward-thinking, environmentally and socially conscious REIT that prima...
Veris Residential Declares Quarterly Cash Dividend
JERSEY CITY, N.J. , Feb. 29, 2024 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) ("Veris Residential" or the "Company"), a forward-thinking, environmentally and socially conscious REIT that prima...
Veris Residential, Inc. Reports Fourth Quarter and Full Year 2023 Results
JERSEY CITY, N.J. , Feb. 21, 2024 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company"), a forward-thinking, environmentally and socially conscious multifamily REIT, today reported resul...
Veris Residential, Inc. Announces Dates for Fourth Quarter 2023 Financial Results and Webcast
JERSEY CITY, N.J. , Feb. 6, 2024 /PRNewswire/ -- Veris Residential, Inc. ("Veris Residential") (NYSE: VRE), a forward-thinking, environmentally and socially conscious REIT that primarily owns, operate...
Veris Residential Announces Tax Treatment of 2023 Distributions
JERSEY CITY, N.J. , Jan. 22, 2024 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) ("Veris Residential" or the "Company"), a forward-thinking, environmentally and socially conscious REIT that prima...
Veris Residential Recognized as a Leader in ESG, DEI and Corporate Stewardship by Top Real Estate and Business Organizations
Earns Leader in the Light and Diversity, Equity and Inclusion Recognition Awards from Nareit Named Global Listed and Regional Sector Leader and Achieves Second Consecutive 5 Star Rating in 2023 GRESB ...
Veris Residential, Inc. Reports Third Quarter 2023 Results
JERSEY CITY, N.J. , Oct. 25, 2023 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company") today reported results for the third quarter 2023.
Veris Residential, Inc. Announces Dates for Third Quarter 2023 Financial Results and Webcast
JERSEY CITY, N.J. , Oct. 13, 2023 /PRNewswire/ -- Veris Residential, Inc. ("Veris Residential") (NYSE: VRE), a forward-thinking, environmentally and socially conscious REIT that primarily owns, operat...
KUSHNER COMPANIES ISSUES STATEMENT REGARDING VERIS RESIDENTIAL
NEW YORK , Aug. 18, 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: VR...
Veris Residential Issues Clarification Regarding Scheduled Time for Second Quarter 2023 Earnings Conference Call
Call and Webcast to be Held at 8:30 a.m. Easter Time on Thursday, July 27 JERSEY CITY, N.J.
Veris Residential, Inc. Reports Second Quarter 2023 Results
JERSEY CITY, N.J. , July 26, 2023 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company") today reported results for the second quarter 2023.
VERIS RESIDENTIAL AND ROCKPOINT ANNOUNCE EARLY REDEMPTION OF ROCKPOINT'S INTEREST IN VERIS RESIDENTIAL TRUST
Transaction Marks Pivotal Point for Veris Residential and Cements Company's Position as a Pure-Play Multifamily REIT Rockpoint's Preferred Equity Interest Redeemed for $520 Million BOSTON and JERSEY C...
Veris Residential, Inc. Announces Dates for Second Quarter 2023 Financial Results and Webcast
JERSEY CITY, N.J. , July 12, 2023 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company"), a forward-thinking, environmentally- and socially-conscious real estate investment trust (REIT) t...
Veris Residential Achieves WELL Equity Rating Across its Portfolio to Advance DE&I Commitment
Veris Residential becomes the first company in the world to achieve the WELL designation across portfolio, demonstrating its deep commitment to support a thriving, inclusive workplace and community JE...
Veris Residential Releases 2022 ESG Report
Recognized as First Company Globally to Receive WELL Equity Rating Across its Portfolio Surpassed Commitments to Reduce Both Scope 1 and 2 Emissions by 50% and Energy Consumption by 20% by 2030 Achie...
Veris Residential, Inc. to Participate in Nareit's REITweek: 2023 Investor Conference
Chief Executive Officer, Mahbod Nia, to Present on Wednesday, June 7th at 12:30 p.m. ET JERSEY CITY, N.J.
Veris Residential, Inc. Reports First Quarter 2023 Results
JERSEY CITY, N.J. , April 26, 2023 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company") today reported results for the first quarter 2023.
Veris Residential, Inc. Announces Dates for First Quarter 2023 Financial Results and Webcast
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 develo...
Veris Residential Completes $420 Million Sale of Harborside 1, 2, and 3
JERSEY CITY, N.J. , April 5, 2023 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company), a forward-thinking, environmentally- and socially-conscious real estate investment trust (REIT) th...
Kushner Applauds New Board Appointments at Veris
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: VR...
Veris Residential Appoints Two New Independent Directors to Board
Real Estate Industry Veterans Ronald M. Dickerman and Stephanie L.
Veris Residential Announces Stabilization of Haus25
750-Unit State-of-the-Art Jersey City Waterfront High-Rise Achieves Milestone Three Months Ahead of Schedule JERSEY CITY, N.J. , Feb. 22, 2023 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the ...
Veris Residential, Inc. Reports Fourth Quarter and Full Year 2022 Results
JERSEY CITY, N.J. , Feb. 21, 2023 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company") today reported results for the fourth quarter and full year 2022.
Kushner Companies' Letter to Fellow Veris Shareholders
NEW YORK , Jan. 31, 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: VR...
Veris Residential, Inc. Announces Dates for Fourth Quarter 2022 Financial Results and Webcast
JERSEY CITY, N.J. , Jan. 27, 2023 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company"), a forward-thinking, environmentally- and socially-conscious real estate investment trust (REIT) t...