Veris Residential (VRE) News Today

Veris Residential (NYSE:VRE - Get Free Report) announced its earnings results on Wednesday. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.11). Veris Residential had a negative return on equity of 10.42% and a negative net margin of 32.51%. The business had revenue of $67.48 million for the quarter, compared to analyst estimates of $67.73 million. During the same period last year, the firm earned $0.16 EPS.

Veris Residential (NYSE:VRE) updated its FY 2024 earnings guidance. The company provided EPS guidance of 0.520-0.560 for the period, compared to the consensus estimate of 0.530.

Sei Investments Co. cut its holdings in Veris Residential, Inc. (NYSE:VRE - Free Report) by 26.8% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 246,808 shares of the company's stock after selling 90,501 shares during the period. Sei Investments Co. owned 0

Veris Residential (NYSE:VRE) will be releasing earnings after the market closes on Wednesday, July 24, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=480745)

Veris Residential, Inc. (NYSE:VRE - Get Free Report) was the target of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totalling 3,780,000 shares, a decrease of 21.7% from the June 15th total of 4,830,000 shares. Currently, 4.5% of the company's stock are short sold. Based on an average daily volume of 681,800 shares, the days-to-cover ratio is presently 5.5 days.

Easterly Investment Partners LLC bought a new position in shares of Veris Residential, Inc. (NYSE:VRE - Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The fund bought 108,515 shares of the company's stock, valued at approximately $1,651,000. Easterly Inve

Nordea Investment Management AB purchased a new stake in shares of Veris Residential, Inc. (NYSE:VRE - Free Report) in the first quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 560,493 shares of the company's stock, valued at approximately $8,503,000. Nordea I

Daiwa Securities Group Inc. boosted its holdings in shares of Veris Residential, Inc. (NYSE:VRE - Free Report) by 1,983.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 507,104 shares of the company's stock after acquiring an a

Vanguard Group Inc. cut its stake in Veris Residential, Inc. (NYSE:VRE - Free Report) by 0.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,350,430 shares of the company's stock after selling 50,79

Hazelview Securities Inc. bought a new position in shares of Veris Residential, Inc. (NYSE:VRE - Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 181,200 shares of the company's stock, valued a

Truist Financial reduced their target price on Veris Residential from $15.00 to $14.00 and set a "hold" rating for the company in a research report on Monday.

Veris Residential, Inc. (NYSE:VRE - Get Free Report) Director Nori Gerardo Lietz bought 10,000 shares of Veris Residential stock in a transaction on Thursday, June 20th. The shares were purchased at an average cost of $14.31 per share, for a total transaction of $143,100.00. Following the acquisition, the director now owns 39,687 shares in the company, valued at $567,920.97. The purchase was disclosed in a filing with the SEC, which is available at the SEC website.

Wellington Management Group LLP lessened its position in Veris Residential, Inc. (NYSE:VRE - Free Report) by 19.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,813,439 shares of the company's stock afte

Veris Residential (NYSE:VRE) Sees Large Volume Increase

Evercore ISI dropped their price objective on shares of Veris Residential from $17.00 to $16.00 and set an "outperform" rating on the stock in a research note on Thursday.

Nomura Holdings Inc. acquired a new position in Veris Residential, Inc. (NYSE:VRE - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 187,929 shares of the company's stock, valued at approxim

Veris Residential (NYSE:VRE) Shares Gap Down to $15.19

JPMorgan Chase & Co. upped their price objective on Veris Residential from $11.00 to $13.00 and gave the company an "underweight" rating in a research note on Monday.

Nomura Holdings Inc. acquired a new position in Veris Residential, Inc. (NYSE:VRE - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 187,929 shares of the company's stock, valued at approxim

P Schoenfeld Asset Management LP decreased its position in shares of Veris Residential, Inc. (NYSE:VRE - Free Report) by 78.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 214,380 shares of the company's stock after selling 776,065 sha

Norges Bank bought a new stake in Veris Residential, Inc. (NYSE:VRE - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 518,398 shares of the company's stock, valued at approximately $8,154,000. Norges Bank owne

Cbre Investment Management Listed Real Assets LLC raised its stake in Veris Residential, Inc. (NYSE:VRE - Free Report) by 115.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 764,760 share

Natixis Advisors L.P. acquired a new stake in shares of Veris Residential, Inc. (NYSE:VRE - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 55,495 shares of the company's stock, valued at approximat

National Bank of Canada FI acquired a new position in shares of Veris Residential, Inc. (NYSE:VRE - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 161,000 shares of the company's stock, value

Veris Residential, Inc. (NYSE:VRE) announced a quarterly dividend on Monday, May 6th. Investors of record on Wednesday, July 3rd will be paid a dividend of 0.06 per share on Tuesday, July 16th. This represents a $0.24 annualized dividend and a dividend yield of 1.56%. The ex-dividend date of this dividend is Wednesday, July 3rd. This is a boost from Veris Residential's previous quarterly dividend of $0.05.

State of New Jersey Common Pension Fund D reduced its position in Veris Residential, Inc. (NYSE:VRE - Free Report) by 69.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,000 shares of the company's

Veris Residential, Inc. (NYSE:VRE - Get Free Report) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 4,150,000 shares, an increase of 33.0% from the March 31st total of 3,120,000 shares. Approximately 5.3% of the shares of the company are short sold. Based on an average daily volume of 600,000 shares, the short-interest ratio is currently 6.9 days.

Aew Capital Management L P boosted its position in Veris Residential, Inc. (NYSE:VRE - Free Report) by 169.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,555,610 shares of the company's stock after pu

Veris Residential (NYSE:VRE) updated its FY 2024 earnings guidance. The company provided EPS guidance of 0.500-0.540 for the period, compared to the consensus estimate of 0.540.