| Veris Residential, Inc. (VRE) Q1 2025 Earnings Call Transcript |
Veris Residential, Inc. (NYSE:VRE ) Q1 2025 Earnings Conference Call April 24, 2025 8:30 AM ET Company Participants Taryn Fielder - General Counsel Mahbod Nia - Chief Executive Officer Amanda Lombard - Chief Financial Officer Anna Malhari - Chief Operating Officer Conference Call Participants Steve Sakwa - Evercore Jana Galan - Bank of America Eric Wolfe - Citibank Tom Catherwood - BTIG John Pawlowski - Green Street Operator Greetings, and welcome to the Veris Residential First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2025-04-24 16:41:43 |
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| Veris (VRE) Reports Q1 Earnings: What Key Metrics Have to Say |
The headline numbers for Veris (VRE) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2025-04-24 00:05:37 |
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| Veris Residential (VRE) Q1 FFO Top Estimates |
Veris Residential (VRE) came out with quarterly funds from operations (FFO) of $0.16 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to FFO of $0.14 per share a year ago. |
zacks.com |
2025-04-23 22:45:32 |
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| Veris Residential, Inc. Reports First Quarter 2025 Results |
JERSEY CITY, N.J. , April 23, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today reported results for the first quarter 2025. |
prnewswire.com |
2025-04-23 20:15:00 |
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| Veris Residential Consolidates Majority Stake in Jersey City Urby |
Rebrands 762-Unit, Class A Waterfront Property to Sable JERSEY CITY, N.J. , April 22, 2025 /PRNewswire/ -- Veris Residential, Inc. ("Veris Residential" or the "Company") (NYSE: VRE), a forward-thinking, Northeast-focused, Class A multifamily REIT, and Urby, a design-forward, hospitality-driven multifamily development brand, today announced that Veris Residential has acquired Ironstate Holdings' ("Ironstate") 15% stake in Jersey City Urby, a 762-unit, Class A multifamily property located on the Jersey City Waterfront, for $38.5 million, excluding transaction costs but including consideration for the termination of Urby's management contract and the annual tax credit. |
prnewswire.com |
2025-04-22 12:00:00 |
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| Veris Residential, Inc. Announces Dates for First Quarter 2025 Financial Results and Webcast |
JERSEY CITY, N.J. , April 4, 2025 /PRNewswire/ -- Veris Residential, Inc. ("Veris Residential" or the "Company") (NYSE: VRE), a forward-thinking, Northeast-focused, Class A multifamily REIT, today announced that it will host its first quarter 2025 financial results webcast and conference call on Thursday, April 24, 2025, at 8:30 a.m. |
prnewswire.com |
2025-04-04 12:30:00 |
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| Veris Residential Declares Quarterly Cash Dividend |
JERSEY CITY, N.J. , Feb. 27, 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 first quarter 2025 in the amount of $0.08 for the period ending March 31, 2025. |
prnewswire.com |
2025-02-27 18:15:00 |
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| Veris Residential (VRE) Q4 FFO and Revenues Miss Estimates |
Veris Residential (VRE) came out with quarterly funds from operations (FFO) of $0.11 per share, missing the Zacks Consensus Estimate of $0.12 per share. This compares to FFO of $0.12 per share a year ago. |
zacks.com |
2025-02-24 20:56:09 |
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| Veris Residential, Inc. Reports Fourth Quarter and Full Year 2024 Results |
JERSEY CITY, N.J. , Feb. 24, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today reported results for the fourth quarter and full year 2024. |
prnewswire.com |
2025-02-24 18:15:00 |
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| Veris Residential Announces Tax Treatment of 2024 Distributions |
JERSEY CITY, N.J. , Feb. 18, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) ("Veris Residential" or the "Company"), a forward-thinking multifamily REIT, today announced the tax treatment of its 2024 Distributions. |
prnewswire.com |
2025-02-18 10:00:00 |
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| How The 'Smart Money' Is Investing In REITs Right Now |
Passive investors commonly outperform active investors. REITs are an exception in which active strategies outperform. Here is what some of the world's best REIT investors are today buying. |
seekingalpha.com |
2025-01-25 08:55:00 |
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| Veris Residential, Inc. Announces Dates for Fourth Quarter and Full Year 2024 Financial Results and Webcast |
JERSEY CITY, N.J. , Jan. 22, 2025 /PRNewswire/ -- Veris Residential, Inc. ("Veris Residential" or the "Company") (NYSE: VRE), a forward-thinking multifamily REIT, today announces that it will host its fourth quarter and full year 2024 financial results webcast and conference call on Tuesday, February 25, 2025, at 8:30 a.m. |
prnewswire.com |
2025-01-22 18:15:00 |
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| Zacks Industry Outlook LifeStyle Properties, Veris Residential and UMH Properties |
LifeStyle Properties, Veris Residential and UMH Properties have been highlighted in this Industry Outlook article. |
zacks.com |
2025-01-17 05:31:15 |
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| 3 Residential REITs to Buy Despite Ongoing Industry Challenges |
Despite the elevated supply of new units and concession utilization, healthy rental demand amid a strong labor market and favorable demographic trends poise the Zacks Equity REIT - Residential industry players like ELS, VRE and UMH are well for growth. |
zacks.com |
2025-01-16 13:31:13 |
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| 3 REITs With Big Dividend Growth and Sustainable Payouts |
When it comes to earning investment income, one of the most relevant investment vehicles is Real Estate Investment Trusts (REITs). REITs must distribute at least 90% of their taxable earnings out as dividends. |
marketbeat.com |
2025-01-15 10:32:26 |
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| Why REIT Struggles Now Could Lead To Big Gains: Lessons From A Billionaire Investor |
REITs are so cheap that they are getting the attention of billionaires. Legendary investor Barry Sternlicht is loading up on REITs. We discuss what he is buying and why. |
seekingalpha.com |
2025-01-11 10:25:00 |
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| What Are The Top REITs For 2025? |
REITs are offering a once-in-a-decade opportunity. They are heavily discounted and some enjoy strong catalysts in 2025. This could lead to significant upside. Here are some of my top picks. |
seekingalpha.com |
2024-12-30 10:25:00 |
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| Down -9.62% in 4 Weeks, Here's Why Veris (VRE) Looks Ripe for a Turnaround |
Veris (VRE) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term. |
zacks.com |
2024-12-24 12:35:24 |
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| Veris (VRE) Loses -10.93% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner |
Veris (VRE) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term. |
zacks.com |
2024-12-20 12:36:10 |
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| Veris Residential Is An Innovator In Multifamily Real Estate |
Veris Residential, Inc. is a multifamily REIT focusing on sustainable, urban properties for affluent renters, leveraging AI for operational efficiency and tenant engagement. Veris Residential's innovative use of AI, such as the leasing assistant Quinn, has improved lead generation, reduced payroll expenses, and enhanced resident experience. VRE benefits from urban market trends, particularly in NYC, with high rent growth and low vacancy rates, but still holds a “Hold” rating for further stabilization. |
seekingalpha.com |
2024-11-22 13:39:38 |
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| Veris Residential Declares Quarterly Cash Dividend |
JERSEY CITY, N.J. , Nov. 13, 2024 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) ("Veris Residential" or the "Company"), a forward-thinking, environmentally and socially conscious multifamily REIT, today announced that the Company's Board of Directors has declared a cash dividend on its common stock for the fourth quarter 2024 in the amount of $0.08 for the period ending December 31, 2024. |
prnewswire.com |
2024-11-13 18:15:00 |
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| BofA Analyst Doubles Down On Veris Residential Growth, Downgrades Sun Communities - Here's Why |
BofA Securities analyst Joshua Dennerlein revised ratings on residential REITs, Veris Residential, Inc. VRE and Sun Communities, Inc. SUI. |
benzinga.com |
2024-11-12 15:07:18 |
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| Veris Residential, Inc. (VRE) Q3 2024 Earnings Call Transcript |
Veris Residential, Inc. (NYSE:VRE ) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Taryn Fielder - General Counsel & Secretary Mahbod Nia - Chief Executive Officer Amanda Lombard - Chief Financial Officer Conference Call Participants Steve Sakwa - Evercore ISI Eric Wolfe - Citi Thomas Catherwood - BTIG Michael Lewis - Truist Securities Inc. Operator Good morning and welcome to Residential Veris Inc's Third Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode. |
seekingalpha.com |
2024-11-01 05:29:09 |
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| Veris (VRE) Reports Q3 Earnings: What Key Metrics Have to Say |
Although the revenue and EPS for Veris (VRE) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2024-10-30 23:06:23 |
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| Veris Residential (VRE) Surpasses Q3 FFO Estimates |
Veris Residential (VRE) came out with quarterly funds from operations (FFO) of $0.17 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to FFO of $0.12 per share a year ago. |
zacks.com |
2024-10-30 20:56:09 |
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| Veris Residential, Inc. Reports Third Quarter 2024 Results |
Raises Full-Year 2024 Guidance JERSEY CITY, N.J. , Oct. 30, 2024 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company"), a forward-thinking, environmentally and socially conscious multifamily REIT, today reported results for the third quarter 2024. |
prnewswire.com |
2024-10-30 18:15:00 |
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| Veris Residential, Inc. Announces Dates for Third Quarter 2024 Financial Results and Webcast |
JERSEY CITY, N.J. , Oct. 10, 2024 /PRNewswire/ -- Veris Residential, Inc. ("Veris Residential" or the "Company") (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 2024 financial results webcast and conference call on Thursday, October 31, 2024, at 8:30 a.m. |
prnewswire.com |
2024-10-10 20:10:00 |
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| Massive Apartment Deals Demonstrate Value Of Apartment REITs |
Equity Residential bought 11 apartments with 3572 units from Blackstone for $964 million, expanding its presence in Dallas, Denver, and Atlanta. Public apartment REITs are trading below asset value, with substantial differences in pricing based on location and quality of properties. Multifamily REITs like BSRTF, NXRT, CSR, and CPT are considered the most compelling investments in the sector, but caution is advised due to potential economic downturn. |
seekingalpha.com |
2024-08-14 18:25:52 |
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| Veris Residential Declares Quarterly Cash Dividend |
JERSEY CITY, N.J. , Aug. 5, 2024 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) ("Veris Residential" or the "Company"), a forward-thinking, environmentally and socially conscious REIT that primarily owns, operates, acquires and develops Class A multifamily properties, today announced that the Company's Board of Directors has declared a cash dividend on its common stock for the third quarter 2024 in the amount of $0.07 for the period ending September 30, 2024, representing an increase of 7% from the prior dividend. |
prnewswire.com |
2024-08-05 12:00:00 |
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| Veris Residential Q2 Earnings: Finding Their Footing Under A New Brand |
Veris Residential underwent a major transformation, shifting from a diversified REIT to a multifamily landlord with a socially conscious business model. VRE focuses on luxury apartments in the Northeast, with an average monthly rental rate of nearly $4,000 per unit. VRE reported strong Q2 earnings, showcasing rental growth, dispositions, and commitment to their new brand. |
seekingalpha.com |
2024-07-31 11:00:00 |
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| Veris Residential (VRE) Tops Q2 FFO Estimates |
Veris Residential (VRE) came out with quarterly funds from operations (FFO) of $0.18 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to FFO of $0.16 per share a year ago. |
zacks.com |
2024-07-24 22:40:36 |
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| Veris Residential, Inc. Reports Second Quarter 2024 Results |
JERSEY CITY, N.J. , July 24, 2024 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company"), a forward-thinking, environmentally and socially conscious multifamily REIT, today reported results for the second quarter 2024. |
prnewswire.com |
2024-07-24 20:15:00 |
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| Apartment Fundamental Outlook Improved As Supply Wanes |
Apartment REITs have beaten 1Q24 earnings despite a massive new supply wave hitting the sector in 2024 and early 2025. Demand drivers such as strong employment, low savings rate, high cost of houses, and high cost of construction have kept occupancy high despite the supply. Supply growth is dropping in mid-to-late 2025, making investments in the apartment sector appealing for long-term growth potential. |
seekingalpha.com |
2024-07-12 02:31:12 |
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| Veris Residential, Inc. Announces Dates for Second Quarter 2024 Financial Results and Webcast |
JERSEY CITY, N.J. , July 8, 2024 /PRNewswire/ -- Veris Residential, Inc. ("Veris Residential" or the "Company") (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 second quarter 2024 financial results webcast and conference call on Thursday, July 25, 2024, at 8:30 a.m. |
prnewswire.com |
2024-07-08 20:10:00 |
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| Veris Residential, Inc. Announces Withdrawal of Public Offering of Common Stock |
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. |
prnewswire.com |
2024-06-18 10:01:00 |
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| Veris Residential, Inc. Announces Public Offering of 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. |
prnewswire.com |
2024-06-17 20:08:00 |
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