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Equity LifeStyle Properties and Veris Residential offer upside as residential REITs battle supply pressure but benefit from steady renting demand.
Daiwa Securities Group Inc. increased its position in Veris Residential, Inc. (NYSE: VRE) by 11.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 490,403 shares of the company's stock after purchasing an additional 50,924 shares during the
Proceeds Will Reduce Net Debt-to-EBITDA to approximately 9.0x Transaction Expected to Be Accretive by Approximately $0.04 per Share to Core FFO JERSEY CITY, N.J. , Dec. 9, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE), (the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today announced that it has sold its 4.2-acre Harborside 8/9 land parcel in Jersey City, New Jersey, for $75 million.
New York City-based Argosy-Lionbridge Management sold 372,132 shares of Veris Residential in the third quarter. The net position change from quarter to quarter was about $5.5 million.
Vanguard FTSE Canadian Capped REIT Index ETF (TSE: VRE - Get Free Report) shares rose 0.5% during trading on Friday. The company traded as high as C$32.56 and last traded at C$32.51. Approximately 12,352 shares changed hands during trading, an increase of 109% from the average daily volume of 5,903 shares. The stock had previously
B&I Capital AG boosted its position in shares of Veris Residential, Inc. (NYSE: VRE) by 3.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 455,080 shares of the company's stock after acquiring an additional 14,100 shares during the quarter. Veris Residential
Veris Residential, Inc. (NYSE: VRE - Get Free Report) has been given a consensus recommendation of "Hold" by the five analysts that are presently covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1 year target price among
Veris Residential gets a hold/neutral rating for my initial coverage, agreeing with the quant rating today, which was also a hold. Market demand and premium rents in its core northeast market could favor VRE, along with its deleveraging strategy that is ongoing. Despite FFO/AFFO growth, this REIT lacks longer-term dividend growth, and its yield is less than 3%, making it less attractive as a dividend play.
JERSEY CITY, N.J. , Nov. 5, 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 fourth quarter 2025 in the amount of $0.08 for the period ending December 31, 2025.
Y Intercept Hong Kong Ltd raised its position in shares of Veris Residential, Inc. (NYSE: VRE) by 107.2% in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 64,631 shares of the company's stock after buying an additional 33,435 shares during the
Veris Residential, Inc. (NYSE: VRE - Get Free Report) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 3,910,000 shares, a growth of 43.2% from the September 30th total of 2,730,000 shares. Currently, 4.3% of the company's shares are short sold. Based on an
Veris Residential (VRE) has grown revenue and cash flow by raising rents, capitalizing on a tight housing market in the Northeast US. VRE's shares are expensive both on an absolute and relative basis, trading at higher multiples than comparable multifamily REITs. Leverage remains elevated despite asset sales, with net debt and trading multiples limiting appeal versus peers with lower valuations.
Cwm LLC increased its stake in Veris Residential, Inc. (NYSE: VRE) by 925.9% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,017 shares of the company's stock after buying an additional 6,333 shares during the period. Cwm LLC's holdings in Veris Residential
Shares of Veris Residential, Inc. (NYSE: VRE - Get Free Report) have earned an average recommendation of "Hold" from the six analysts that are presently covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price target
Veris Residential, Inc. (NYSE:VRE ) Q3 2025 Earnings Call October 23, 2025 8:30 AM EDT Company Participants Taryn Fielder - General Counsel & Secretary Mahbod Nia - CEO & Director Anna Malhari - Executive VP & COO Amanda Lombard - Chief Financial Officer Conference Call Participants Jana Galan - BofA Securities, Research Division Sanketkumar Agrawal - Evercore ISI Institutional Equities, Research Division Eric Wolfe - Citigroup Inc., Research Division William Catherwood - BTIG, LLC, Research Division Presentation Operator Greetings, and welcome to the Veris Residential, Inc. Third Quarter 2025 Earnings Conference Call. [Operator Instructions] Please note, this conference is being recorded.
The headline numbers for Veris (VRE) give insight into how the company performed in the quarter ended September 2025, 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 $0.2 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to FFO of $0.17 per share a year ago.
JERSEY CITY, N.J., Oct. 22, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today reported results for the third quarter 2025.
JERSEY CITY, N.J., Oct. 6, 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 third quarter 2025 financial results webcast and conference call on Thursday, October 23, 2025, at 8:30 a.m.
Achieves GRESB's Highest U.S. Listed Residential Multifamily Score in 2024 and Third-Highest Score Globally Increases Share of Green-Certified (LEED or Equivalent) Properties to 79% of Managed Multifamily Portfolio Secures Sustainability-Linked Financing with 5-Basis-Point Margin Reduction JERSEY CITY, N.J. , Sept. 22, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) ("Veris Residential" or the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, released its 2024 Sustainability Report, demonstrating how strategic sustainability investments continue to generate measurable returns while strengthening the Company's competitive position in the multifamily market.