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. eastern. The Company will release its results after the close of market on Monday, February 24, 2025.The webcast can be listened to via the Internet by accessing the Company's website at h ...

Veris Residential (VRE) has been beaten down lately with too much selling pressure. While the stock has lost 9.6% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator th ...

Veris Residential (VRE) has been on a downward spiral lately with significant selling pressure. After declining 10.9% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether ...

In the world of real estate, innovation is generally limited. Industry professionals sometimes use the term “sticks and bricks” to refer to an actual building, typically regarding construction quality and layout. The phrase always stuck in my mind because it pierces through theAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my ...

BofA Securities analyst Joshua Dennerlein revised ratings on residential REITs, Veris Residential, Inc. VRE and Sun Communities, Inc. SUI.VRE: The analyst upgraded the company to Buy from Neutral and raised the price target to $23 from $20.The analyst notes that the market is undervaluing VRE’s internal growth potential and its ability to successfully execute optimization initiatives.The analyst says that VRE is excelling in its key initiatives: capital allocation, portfolio optimization, and balance sheet ...

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 l ...

For the quarter ended September 2024, Veris Residential (VRE) reported revenue of $68.18 million, down 4.6% over the same period last year. EPS came in at $0.17, compared to -$0.61 in the year-ago quarter. The reported revenue represents a surprise of -0.10% over the Zacks Consensus Estimate of $68.24 million. With the consensus EPS estimate being $0.12, the EPS surprise was +41.67%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 41.67%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.13 per share when it actually produced FFO of $0.18, delivering a surprise of 38.46%.Over the last four q ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-13274 Veris Residential, Inc. Commission File Number: 333-57103 Veris Residential, L.P. VERIS RESIDENTIAL, INC. ...

Release ngs a and Supplemental Q3 2024 = Bloombe MEFT WELT fil E Table Of Contents Page(s) 3 Earnings Release Key Financial Data 7 Consolidated Balance Sheet 8 Consolidated Statement of Operations 9 FFO, Core FFO and Core AFFO 10 Adjusted EBITDA 11 Components of Net Asset Value Operating Portfolio 12 Multifamily Operating Portfolio 13 Commercial Assets and Developable Land 14 Same Store Market Information 15 Same Store Performance Debt 16 Debt Profile 17 Debt Summary and Maturity Schedule Reconciliations an ...