Vornado Realty Trust (VNO)
| Market Cap | 8.62B |
| Revenue (ttm) | 1.87B |
| Net Income (ttm) | -53.94M |
| Shares Out | 207.66M |
| EPS (ttm) | -0.28 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.74 (1.78%) |
| Ex-Dividend Date | Dec 16, 2024 |
| Volume | 2,259,675 |
| Open | 40.38 |
| Previous Close | 40.03 |
| Day's Range | 40.38 - 42.25 |
| 52-Week Range | 22.42 - 46.63 |
| Beta | 1.62 |
| Analysts | Hold |
| Price Target | 36.58 (-11.88%) |
| Earnings Date | Feb 10, 2025 |
About VNO
Vornado Realty Trust is a fully - integrated equity real estate investment trust. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for VNO stock is "Hold." The 12-month stock price forecast is $36.58, which is a decrease of -11.88% from the latest price.
News
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 Declares Quarterly Dividends On Preferred Shares
NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared the following quarterly preferred dividends:
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...
Vornado's Retail JV Enters into $350 Million Transaction with UNIQLO
NEW YORK, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its 52% owned street retail joint venture has entered into an agreement to sell UNIQLO the portion of i...
Vornado Announces Second Quarter Earnings Release Date and Conference Call Information
NEW YORK, July 23, 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 June 30, 2024 with the U.S. Securi...
Four Stocks Set to Soar After the Latest Inflation Numbers
This week I want to take a comprehensive look at the current market landscape and some exciting investment opportunities, particularly in real estate and banking sectors.
Three Office REITs To Sell With Weak Balance Sheets
There will likely be a major sell-off in REITs in the next 2-5 years. Weak REITs with messy balance sheets, weak forecasts for FFO growth, unsafe dividends, and/or overvaluation are likely to suffer t...
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 Realty Trust: An 8.5% Yield For 52 Cents With The Series O Preferreds
Vornado Realty Trust's Series O Preferred Shares offer a high yield and are trading at a steep discount to par value of 52%. Manhattan office real estate trends are improving, with new office developm...
Vornado Realty Trust Q1 Earnings: Management Is Excited, But There Is Reason To Be Cautious
Vornado Realty Trust reported mixed earnings for the first quarter, with strong leasing activity in their portfolio and ALX. Occupancy rates for VNO's portfolio remain below 90%, and same-store net op...