Veris Residential, Inc.

VRE

US5544891048

Residential REITs

Market Closed - Nyse Other stock markets 04:00:02 2024-05-31 pm EDT			5-day change	1st Jan Change
15.29 ^USD	+1.46%		+2.21%	-2.80%

May. 17	Truist Securities Raises Price Target on Veris Residential to $15 From $14, Maintains Hold Rating	MT
May. 06	Veris Residential Maintains Quarterly Dividend at $0.06 a Share; Payable July 16 to Shareholders of Record as of July 3	MT

Veris Residential, Inc. Reports Impairment Charges for the Fourth Quarter Ended December 31, 2023

February 21, 2024 at 07:04 pm EST

Veris Residential, Inc. reported impairment charges for the fourth quarter ended December 31, 2023. For the quarter, the company reported property impairments of $32,516,000.

Latest news about Veris Residential, Inc.

Truist Securities Raises Price Target on Veris Residential to $15 From $14, Maintains Hold Rating	May. 17	MT
Veris Residential Maintains Quarterly Dividend at $0.06 a Share; Payable July 16 to Shareholders of Record as of July 3	May. 06	MT
Veris Residential, Inc. Announces Cash Dividend for the Second Quarter 2024, Payable on July 16, 2024	May. 06	CI
Transcript : Veris Residential, Inc., Q1 2024 Earnings Call, Apr 25, 2024	Apr. 25
Earnings Flash (VRE) VERIS RESIDENTIAL Posts Q1 Revenue $67.3M	Apr. 24	MT
Veris Residential, Inc. Provides Earnings Guidance for the Year 2024	Apr. 24	CI
Veris Residential, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 24	CI
601 W Companies LLC completed the acquisition of Harborside 5 from Veris Residential, Inc..	Mar. 19	CI
Veris Residential Declares Quarterly Dividend at $0.0525 a Share, Payable April 16 to Shareholders of Record April 3	Feb. 29	MT
Veris Residential, Inc. Declares Cash Dividend for the First Quarter 2024, Payable on April 16, 2024	Feb. 29	CI
Transcript : Veris Residential, Inc., Q4 2023 Earnings Call, Feb 22, 2024	Feb. 22
Veris Residential, Inc. Reports Impairment Charges for the Fourth Quarter Ended December 31, 2023	Feb. 21	CI
Veris Residential, Inc. Provides Earnings Guidance for the Year 2024	Feb. 21	CI
Veris Residential, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 21	CI
An undisclosed buyer signed a binding contract to acquire Harborside 5 from Veris Residential, Inc. for $85 million.	Feb. 20	CI
An undisclosed buyer completed the acquisition of The Metropolitan Lofts in downtown Morristown from Veris Residential, Inc. and Woodmont Properties, Inc. for $30.3 million.	Jan. 15	CI
Land & Buildings nominates 3 candidates in Ventas board challenge	Jan. 11	RE
Veris Residential Boosts Quarterly Dividend by 5% to $0.0525 a Share, Payable Jan. 10 to Shareholders as of Dec. 29	Dec. 19	MT
Veris Residential, Inc. Declares a Cash Dividend for the Fourth Quarter Ending December 31, 2023, Payable on January 10, 2024	Dec. 18	CI
Transcript : Veris Residential, Inc., Q3 2023 Earnings Call, Oct 26, 2023	23-10-26
Earnings Flash (VRE) VERIS RESIDENTIAL Posts Q3 Revenue $71.5M	23-10-25	MT
Veris Residential, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-25	CI
Veris Residential, Inc. Raises Earnings Guidance for the Year 2023	23-10-25	CI
Evercore ISI Trims Veris Residential's Price Target to $18 From $19, Outperform Rating Maintained	23-10-09	MT
Insider Sell: Veris Residential	23-09-01	MT

Veris Residential, Inc. is a fully integrated, self-administered, and self-managed real estate investment trust (REIT). The Company owns, operates, and develops multifamily rental properties located primarily in the Northeast, as well as a portfolio of non-strategic land and commercial assets. The Company operates through two segments: multifamily real estate and services and commercial and other real estate. The Company provides property management, leasing, acquisition, development, construction and tenant-related services for its multifamily real estate portfolio and commercial and other real estate located in the United States. The Company owns and has interests in 24 multifamily rental properties as well as non-strategic assets comprised of one office property, four parking/retail properties, and developable land. It seeks to own a portfolio comprised primarily of Class A multifamily properties with premium amenities and offerings that reflect its commitment to sustainability.

Sector

Residential REITs

Calendar

2024-06-12 - Annual General Meeting

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for Veris Residential, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

15.29 USD

Average target price

17.17 USD

Spread / Average Target

+12.27%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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Residential REITs