Vornado Realty Trust (VNO)
| Market Cap | 8.05B |
| Revenue (ttm) | 1.90B |
| Net Income (ttm) | 8.28M |
| Shares Out | 207.70M |
| EPS (ttm) | 0.04 |
| PE Ratio | 973.35 |
| Forward PE | n/a |
| Dividend | $0.74 (1.91%) |
| Ex-Dividend Date | Dec 16, 2024 |
| Volume | 910,431 |
| Open | 39.96 |
| Previous Close | 39.70 |
| Day's Range | 38.48 - 40.12 |
| 52-Week Range | 22.42 - 46.63 |
| Beta | 1.61 |
| Analysts | Hold |
| Price Target | 37.98 (-2.06%) |
| Earnings Date | Feb 10, 2025 |
About VNO
Vornado Realty Trust is a fully - integrated equity real estate investment trust. [Read more]
Financial Performance
In 2024, Vornado Realty Trust's revenue was $1.90 billion, an increase of 0.86% compared to the previous year's $1.88 billion. Earnings were $8.28 million, a decrease of -80.92%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for VNO stock is "Hold." The 12-month stock price forecast is $37.98, which is a decrease of -2.06% from the latest price.
News
Vornado Realty Trust Q4 Earnings: If You Want Office, Buy The Best
The office market continues to struggle post-pandemic, with high vacancy rates and distressed assets, but top operators like VNO are showing resilience. VNO's strong Q4 2024 earnings and significant l...
Vornado Realty: I'm Buying The Dip In The Series O Preferreds As Manhattan Office Demand Soars
Vornado Realty Trust's shares are up more than 60% as the REIT recorded a strong fiscal 2024 fourth quarter earnings beat, despite a slight FFO dip. VNO's Series O preferreds trade at a significant di...
Vornado Realty Trust (VNO) Q4 2024 Earnings Call Transcript
Vornado Realty Trust (NYSE:VNO) Q4 2024 Earnings Conference Call February 11, 2025 10:00 AM ET Company Participants Steven Borenstein - Senior Vice President & Corporate Counsel Steven Roth - Chairma...
Vornado Announces Fourth Quarter 2024 Financial Results
NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today: Quarter Ended December 31, 2024 Financial Results NET INCOME attributable to common shareholders for the qu...
Vornado Declares Quarterly Dividends On Preferred Shares
NEW YORK, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared the following quarterly preferred dividends:
Vornado Announces Fourth Quarter Earnings Release Date and Conference Call Information
NEW YORK, Jan. 22, 2025 (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, 2024 with the U.S. Securiti...
Vornado Realty Trust Becomes First in Nation to Achieve LEED Certification Across Entire In-Service Portfolio
U.S. Green Building Council Recognizes Vornado as a Trailblazer in Sustainability U.S. Green Building Council Recognizes Vornado as a Trailblazer in Sustainability
Vornado's Retail JV Completes $350 Million Transaction with UNIQLO
NEW YORK, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its 52% owned street retail joint venture has completed the previously announced sale to UNIQLO of the ...
PMG CEO Kevin Maloney on the state of commercial real estate
Kevin Maloney, founder and CEO at PMG, joins CNBC's ‘The Exchange' to discuss his 2025 commercial real estate outlooks, top real estate trends to watch, and more.
Caveat Emptor: 2 REITs To Avoid
Caveat Emptor series aims to help investors avoid “sucker yields,” “value traps,” and “ugly ducklings” by highlighting risks and conducting due diligence. Dynex Capital is rated a sell due to poor ope...
Vornado Declares Common Dividend of $.74 Per Share
NEW YORK, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared a dividend of $.74 per common share. The dividend will be payable on...
Vornado Realty Trust: Manhattan Is The Best Office Real Estate Market In America, Preferreds Should Rally
Manhattan is experiencing a generational wave of office-to-residential conversions that are taking the supply of office space off the market. Vornado Series O Preferreds are trading at just under 66 c...
Vornado: A Full Recovery Is Priced In
Vornado Realty Trust is one of the largest office real estate REITs in the markets. VNO's Q3 results were in line with estimates but showed YoY declines in revenue and FFO/share, reflecting a challeng...
Vornado Realty Trust (VNO) Q3 2024 Earnings Call Transcript
Vornado Realty Trust (NYSE:VNO) Q3 2024 Earnings Conference Call November 5, 2024 10:00 AM ET Company Participants Steven Borenstein - Senior Vice President and Corporate Counsel Steven Roth - Chairm...
Vornado Announces Third Quarter 2024 Financial Results
NEW YORK, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today: Quarter Ended September 30, 2024 Financial Results NET LOSS attributable to common shareholders for the qua...
Vornado Announces Third Quarter Earnings Release Date and Conference Call Information
NEW YORK, Oct. 22, 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 September 30, 2024 with the U.S. S...
Office REITs Finally Turn Around. Vornado Is One Investor's Pick.
Jeffrey Kolitch of Baron Real Estate Fund is putting money into Vornado, an office REIT with high-end properties in New York City.
Vornado Realty Trust Announces Primark will Open its First Manhattan Store in THE PENN DISTRICT
NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that Primark, the international clothing retailer, has signed a 78,760 square foot lease to open its first M...
Medline Triples Its Presence at THE MART, Vornado Realty Trust's Iconic Downtown Chicago Property
Medline's 161,000 SF Lease Makes the Growing Healthcare Company One of THE MART's Largest Tenants Medline's 161,000 SF Lease Makes the Growing Healthcare Company One of THE MART's Largest Tenants
Leverage In Real Estate Investing
Leverage amplifies both risks and rewards; strong fundamentals can mitigate high leverage risks, while weak fundamentals can worsen even low leverage scenarios. Vornado's low leverage couldn't save it...
Vornado Realty Trust: My Largest Preferred Position Is The Series O
Vornado Realty Trust finished the second quarter with around $1.12 billion in cash, cash equivalents, restricted cash, and short-term investments. The REIT grew FFO by 2 cents over its prior first qua...
8% Yielding REIT Preferred Shares
Many REIT preferred shares remain heavily discounted. 8% yield and 20% upside potential is hard to pass by. Here are two of my favorite picks.
Vornado Realty Trust (VNO) Q2 2024 Earnings Call Transcript
Vornado Realty Trust (NYSE:VNO) Q2 2024 Earnings Call August 6, 2024 10:00 AM ET Company Participants Steve Borenstein - Executive Vice President and Corporate Counsel Steven Roth - Chairman and Chie...
Vornado Announces Second Quarter 2024 Financial Results
NEW YORK, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today: Quarter Ended June 30, 2024 Financial Results NET INCOME attributable to common shareholders for the quarte...