Mack-Cali Realty Corporation Stock News

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 Ci...

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.

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 di...

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.

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.

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, Resear...

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.