Profile
Sector:
Real EstateIndustry:
ResidentialCountry:
United StatesIPO:
25 August 1994Website:
http://www.mack-cali.comNext earnings report:
26 July 2024Last dividends:
03 July 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 18:05:00 GMTAnalysts recommendations
Institutional Ownership
VRE Latest News
JERSEY CITY, N.J. , June 18, 2024 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company") today announced that it has withdrawn its proposed public offering of shares of its common stock.
JERSEY CITY, N.J. , June 17, 2024 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company") announced today that it has commenced an underwritten public offering of 10,500,000 shares of its common stock.
Although the financial results for Veris (VRE) in the quarter ending March 2024 provide an overview of the company's performance, it may be beneficial to examine how certain important metrics stack up against analyst predictions and the previous year's figures.
Veris Residential, Inc. (VRE) Q4 2023 Earnings Call Transcript
The headline numbers for Veris (VRE) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Veris Residential (VRE) came out with quarterly funds from operations (FFO) of $0.12 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to FFO of $0.05 per share a year ago.
Veris Residential is a REIT focused on Class-A multi-family properties in the Northeast. The company is in the process of becoming a pure-play multifamily REIT and has already made some necessary divestments. However, problems related to profitability, leverage, and liquidity make it unattractive right now.
Veris Residential, Inc. (NYSE:VRE ) Q3 2023 Earnings Conference Call October 26, 2023 8:30 AM ET Company Participants Taryn Fielder - General Counsel and Secretary Mahbod Nia - Chief Executive Officer Amanda Lombard - Chief Financial Officer Conference Call Participants Eric Wolfe - Citi Research Steve Sakwa - Evercore ISI Anthony Paolone - JPMorgan Josh Dennerlein - Bank of America Thomas Catherwood - BTIG Operator Greetings and welcome to the Veris Residential Inc. Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Veris Residential (VRE) came out with quarterly funds from operations (FFO) of $0.12 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.15 per share a year ago.
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, operates, acquires and develops Class A multifamily properties, today announces that it will host its third quarter 2023 financial results webcast and conference call on Thursday, October 26, 2023, at 8:30 a.m.
What type of business is Veris Residential?
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 and sustainable approach to operations, and an inclusive culture based on equality and meritocratic empowerment. For additional information on Veris Residential, Inc. and our properties available for lease, please visit http://www.verisresidential.com/.
What sector is Veris Residential in?
Veris Residential is in the Real Estate sector
What industry is Veris Residential in?
Veris Residential is in the Residential industry
What country is Veris Residential from?
Veris Residential is headquartered in United States
When did Veris Residential go public?
Veris Residential initial public offering (IPO) was on 25 August 1994
What is Veris Residential website?
https://www.mack-cali.com
Is Veris Residential in the S&P 500?
No, Veris Residential is not included in the S&P 500 index
Is Veris Residential in the NASDAQ 100?
No, Veris Residential is not included in the NASDAQ 100 index
Is Veris Residential in the Dow Jones?
No, Veris Residential is not included in the Dow Jones index
When does Veris Residential report earnings?
The next expected earnings date for Veris Residential is 26 July 2024