Vornado Realty Trust (VNO)
| Market Cap | 4.95B |
| Revenue (ttm) | 1.80B |
| Net Income (ttm) | 29.18M |
| Shares Out | 190.48M |
| EPS (ttm) | 0.16 |
| PE Ratio | 162.56 |
| Forward PE | n/a |
| Dividend | $0.30 (1.15%) |
| Ex-Dividend Date | Dec 14, 2023 |
| Volume | 883,768 |
| Open | 25.44 |
| Previous Close | 25.50 |
| Day's Range | 25.36 - 26.17 |
| 52-Week Range | 17.28 - 32.21 |
| Beta | 1.57 |
| Analysts | Sell |
| Price Target | 23.91 (-8.07%) |
| Earnings Date | Jul 29, 2024 |
About VNO
Vornado is a fully integrated real estate investment trust ("REIT") with a portfolio of premier New York City office and retail assets and the developer of the new PENN DISTRICT. While concentrated in New York, Vornado also owns the premier assets in both Chicago and San Francisco. Vornado is a real estate industry leader in sustainability, with over 27 million square feet of LEED-certified buildings and over 23 million square feet at LEED Gold or Platinum. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for VNO stock is "Sell." The 12-month stock price forecast is $23.91, which is a decrease of -8.07% from the latest price.
News
Grand Opening: Vornado Realty Trust and Local Officials Cut the Ribbon on Plaza33, a Dynamic New Public Space in the Heart of THE PENN DISTRICT
The newly completed Plaza33 is a pedestrian park filled with greenery, seating and lined with authentic New York restaurants, all atop New York's most accessible transit hub
Vornado's Retail JV Completes $400 Million Refinancing of 640 Fifth Avenue
NEW YORK, June 10, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its 52% owned street retail joint venture has completed a $400 million refinancing of 640 Fifth Avenue,...
Vornado Extends One of its Two Revolving Credit Facilities
NEW YORK, May 06, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that Vornado Realty L.P., extended one of its two unsecured revolving credit facilities from April 2026 to Ap...
Vornado Announces First Quarter 2024 Financial Results
NEW YORK, May 06, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today: Quarter Ended March 31, 2024 Financial Results NET LOSS attributable to common shareholders for the quarter ...
Vornado Declares Quarterly Dividends On Preferred Shares
NEW YORK, May 01, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared the following quarterly preferred dividends:
Vornado Announces First Quarter Earnings Release Date and Conference Call Information
NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it will file its quarterly report on Form 10-Q for the quarter ended March 31, 2024 with the U.S. Secu...
SL Green and Vornado Announce 280 Park Avenue Mezzanine Loan Repayment
NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG) and Vornado Realty Trust (NYSE: VNO) modified and extended the $125.0 million mezzanine loan on 280 Park Avenue and subse...
SL Green and Vornado Announce 280 Park Avenue Mortgage Loan Refinancing
NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG) and Vornado Realty Trust (NYSE: VNO) closed on a modification and extension of the $1.075 billion securitized mortgage on...
Big Tech layoffs aren't helping commercial real estate demand, says Evercore's Steve Sakwa
Steve Sakwa, senior equity research analyst at Evercore ISI, on what's next for commercial real estate, the impact of increasing return-to-office mandates, and more.
Vornado Releases 2023 Sustainability Report
NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) announced today that it released its 2023 Sustainability Report.
Wayfair Price Target Hiked, Palantir Cut to Sell, Vornado Upgraded | Top Calls
Top calls today are Wayfair Price Target Hiked, Palantir Cut to Sell, Vornado Upgraded.
Vornado Realty Trust Announces Famed Avra Group Will Open a New 20,000 SF Restaurant in THE PENN DISTRICT
NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that The Avra Group will open its famed Mediterranean restaurant in THE PENN DISTRICT, one of the most desir...
Vornado Announces Fourth Quarter 2023 Financial Results
NEW YORK, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today: Quarter Ended December 31, 2023 Financial Results NET LOSS attributable to common shareholders for the quar...
G Squared's Victoria Green ranks Vornado Realty a sell, here's why
Victoria Green, G Squared Private Wealth CIO, joins 'The Exchange' to discuss how to trade Marriott, Vornado Realty Trust, and WM.
Vornado Announces Fourth Quarter Earnings Release Date, Conference Call Information and Anticipated Preferred Share Dividend Declaration Date
NEW YORK, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it will file its annual report on Form 10-K for the year ended December 31, 2023 with the U.S. Securiti...
Vornado Realty Trust Names Cushman & Wakefield to Launch Leasing Program at Reinvented PENN 2 Office Tower in the Heart of Vornado's PENN DISTRICT Campus
NEW YORK, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) today named Cushman & Wakefield as the exclusive leasing agent of PENN 2, its 1.8 million square-foot PENN DISTRICT office t...
Banks may continue to pull back from commercial real estate in 2024, says Northwind's Ran Eliasaf
Ran Eliasaf, Northwind Group founder and managing partner, joins 'The Exchange' to discuss the state of commercial real estate, the industry's outlook for 2024, and more.
Vornado Declares Common Dividend of $.30 Per Share
NEW YORK, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared a dividend of $.30 per common share. The dividend will be payable on...
REITs are cheap: 3 SWAN stocks I'm buying: SLG, VNO, SPG
Real Estate Investment Trusts (REITs) have been unloved, unwanted, and forgotten in 2023 amid a prolonged period of high-interest rates. Office property values in key American cities have dropped whil...
Bond market reflects jitters about wall of maturing office REIT debt
U.S. bonds have been reflecting growing unease about a wall of debt coming due for select owners of office buildings.
Vornado Announces Third Quarter 2023 Financial Results
NEW YORK, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today: Quarter Ended September 30, 2023 Financial Results NET INCOME attributable to common shareholders for the q...
Vornado Announces Third Quarter Earnings Release Date and Conference Call Information
NEW YORK, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it will file its quarterly report on Form 10-Q for the quarter ended September 30, 2023 with the U.S. S...
Vornado reels in Blue Ribbon for Penn 1 mega-project in former dining wasteland
Market watchers attribute much of the success to food options that would have been unthinkable there just a few years ago.
Vornado Names Jason Kirschner Executive Vice President – Head of Capital Markets
NEW YORK, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced the appointment of Jason Kirschner, 47, as the Company's Executive Vice President – Head of Capital Markets. Mr. K...