STOCK TITAN
  1. Home
  2. News
  3. VRE

Veris Residential Inc - VRE STOCK NEWS

Welcome to our dedicated news page for Veris Residential (Ticker: VRE), a resource for investors and traders seeking the latest updates and insights on Veris Residential.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Veris Residential's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Veris Residential's position in the market.

News
Veris Residential, Inc. Announces Dates for First Quarter 2024 Financial Results and Webcast
Rhea-AI Summary
Veris Residential, Inc. schedules its first quarter 2024 financial results webcast and conference call for April 25, 2024, after market close. The company, listed as VRE on NYSE, focuses on Class A multifamily properties.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.67%
Tags
earnings
-
News
Veris Residential Declares Quarterly Cash Dividend
Rhea-AI Summary
Veris Residential, Inc. (NYSE: VRE) declares a cash dividend of $0.0525 per share for the first quarter of 2024, payable on April 16, 2024. The dividend is subject to approval by the Board of Directors based on various financial factors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.71%
Tags
dividends
-
News
Veris Residential, Inc. Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Veris Residential, Inc. (NYSE: VRE) reported results for Q4 and FY 2023, with Core FFO per share increasing by 20% to $0.53. The company achieved 17.6% annual NOI growth, reduced Core G&A by 13%, and reinstated dividends. They completed the transformation to a pure-play multifamily REIT, selling over $700 million of non-strategic assets. The Same Store multifamily Blended Net Rental Growth Rate was 5.0% for the quarter and 9.3% for the year. The Company's financial metrics are strong, with available liquidity of $95 million and virtually all debt hedged or fixed. Veris Residential also received recognition for sustainability and DEI efforts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.92%
Tags
earnings
News
Veris Residential, Inc. Announces Dates for Fourth Quarter 2023 Financial Results and Webcast
Rhea-AI Summary
Veris Residential, Inc. (NYSE: VRE) will host its fourth quarter and full year 2023 financial results webcast and conference call on February 22, 2024. The company primarily owns, operates, acquires, and develops Class A multifamily properties. The webcast and conference call details are available on the company's website. Participants can access the webcast via the internet or dial in to the conference call. An audio replay will be available on Veris Residential's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.4%
Tags
earnings
-
News
Veris Residential Announces Tax Treatment of 2023 Distributions
Rhea-AI Summary
Veris Residential, Inc. (VRE) has announced the tax treatment of its 2023 Distributions, with a total distribution of $0.05 per share of common stock. The distribution is to be classified for income tax purposes as cash distributions, with $0.05 as unrecaptured section 1250 gain. Shareholders are advised to consult with their tax advisors for specific tax treatment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.25%
Tags
none
-
News
Veris Residential Declares Quarterly Cash Dividend
Rhea-AI Summary
Veris Residential, Inc. (NYSE: VRE) has announced a 5.0% increase in its cash dividend for the fourth quarter of 2023, amounting to $0.0525 per share. The dividend will be paid on January 10, 2024, to shareholders of record as of December 29, 2023. The company primarily owns, operates, acquires, and develops Class A multifamily properties.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.04%
Tags
dividends
News
Veris Residential Recognized as a Leader in ESG, DEI and Corporate Stewardship by Top Real Estate and Business Organizations
Rhea-AI Summary
Veris Residential, Inc. (NYSE: VRE) has received several prestigious awards for its work in Environmental, Social and Governance (ESG), including Diversity, Equity and Inclusion (DEI) and corporate stewardship. The company was recognized as a Leader in the Light and awarded the Bronze 2023 Diversity Equity & Inclusion Recognition from Nareit, earned a 5 Star rating for a second consecutive year in the 2023 GRESB Real Estate Assessment, and received the Best Corporate Steward: Small and Middle-Market Business Award from the United States Chamber of Commerce Foundation. Veris Residential's achievements reflect its commitment to sustainability and ESG practices, as well as its strategic transformation into a pure-play multifamily REIT.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.65%
Tags
none
-
News
Veris Residential, Inc. Reports Third Quarter 2023 Results
Rhea-AI Summary
Veris Residential, Inc. reports results for Q3 2023 with a net loss per share of $(0.60) and Core FFO per share of $0.12. Multifamily portfolios are 95.3% and 95.5% occupied. Same Store NOI increased by 17.1%. $135 million of non-strategic sales closed since June 30. $71 million of non-strategic assets remain under contract for sale. $115 million Term Loan and $52 million Revolver fully repaid. Refinanced mortgages with interest rate savings. Named 2023 Global and Regional Sector Leader by GRESB. Positive operational results despite softening rents. Raises guidance for 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.03%
Tags
earnings
-
News
Veris Residential, Inc. Announces Dates for Third Quarter 2023 Financial Results and Webcast
Rhea-AI Summary
Veris Residential, Inc. to host Q3 2023 financial results webcast and conference call on October 26, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
News
KUSHNER COMPANIES ISSUES STATEMENT REGARDING VERIS RESIDENTIAL
Rhea-AI Summary
Kushner recognizes Veris Residential's progress in addressing concerns, positive on focus on multifamily properties, disposal of non-core assets, simplification of balance sheet, and reinstatement of distributions to shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.17%
Tags
none
Stock VRE logo
Veris Residential Inc

NYSE:VRE

VRE Rankings

#2200 Ranked by Market Cap
#3042 Ranked by Stock Gains
#1622 Ranked by Dividends

VRE Stock Data

1.46B
85.96M
9.7%
110.89%
3.38%
Other Financial Vehicles
Finance and Insurance
Link
US
Jersey City

About VRE

veris residential develops, owns, and manages premier multifamily communities. beneath that simple statement of fact lies the founding principle of all we do: caring for properties, people, and the planet. underpinned by high-quality assets and best-in-class technology, we curate holistic places and living experiences that meet the sustainability-conscious lifestyle needs of today’s residents, while empowering our team members, rewarding our partners and investors, and helping to sustain the planet we all share. veris residential unifies the vision and expertise of one of the country’s leading real estate investment trusts, mack-cali realty corporation, and its wholly owned subsidiary, roseland residential. with a new name and a new focus, we are creating new possibilities. actively envisioning a better tomorrow, and doing the work necessary today to go forward together. diversifying our workforces. enhancing our communities. reducing our environmental impact. increasing our transpar