Vornado Realty Trust (VNO)
Market Cap | 7.85B |
Revenue (ttm) | 1.89B |
Net Income (ttm) | 812.71M |
Shares Out | 208.75M |
EPS (ttm) | 4.07 |
PE Ratio | 9.23 |
Forward PE | n/a |
Dividend | $0.74 (1.97%) |
Ex-Dividend Date | Dec 16, 2024 |
Volume | 1,248,608 |
Open | 38.03 |
Previous Close | 37.78 |
Day's Range | 37.37 - 38.35 |
52-Week Range | 29.68 - 46.63 |
Beta | 1.55 |
Analysts | Hold |
Price Target | 38.00 (+1.06%) |
Earnings Date | Aug 4, 2025 |
About NVRO
Vornado Realty Trust (“Vornado”) is a fully-integrated real estate investment trust (“REIT”) and conducts its business through, and substantially all of its interests in properties are held by, Vornado Realty L.P. (the “Operating Partnership”), a Delaware limited partnership. Vornado is the sole general partner of and owned approximately 91.4% of the common limited partnership interest in the Operating Partnership as of March 31, 2025. All references to the “Company,” “we,” “us” and “our” mean, collectively, Vornado, the Operating Partnership a... [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 Summary
According to 11 analysts, the average rating for VNO stock is "Hold." The 12-month stock price target is $38.0, which is an increase of 1.06% from the latest price.
News

Vornado Realty Trust (VNO) Q2 2025 Earnings Call Transcript
Vornado Realty Trust (NYSE:VNO) Q2 2025 Earnings Conference Call August 5, 2025 10:00 AM ET Company Participants Glen J. Weiss - Executive VP of Office Leasing & Co- Head of Real Estate Michael J.

Vornado Announces Second Quarter 2025 Financial Results
NEW YORK, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today: Quarter Ended June 30, 2025 Financial Results NET INCOME attributable to common shareholders for the quarte...

Vornado Declares Quarterly Dividends On Preferred Shares
NEW YORK, July 31, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared the following quarterly preferred dividends:

Double-Checking The Credit Rating (Part 12): Vornado Realty Trust
Vornado Realty Trust's asset quality and market positioning are strong, with a high asset coverage ratio and prime real estate holdings in major U.S. cities. Credit metrics suggest a Moody's-equivalen...

Vornado Realty Trust Leases 203,000 SF to Verizon for New York Headquarters in THE PENN DISTRICT
Telecommunications giant to relocate its New York headquarters to PENN 2 Telecommunications giant to relocate its New York headquarters to PENN 2

Vornado Announces Second Quarter Earnings Release Date and Conference Call Information
NEW YORK, July 22, 2025 (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, 2025 with the U.S. Securi...

Vornado Completes $450 Million Refinancing of PENN 11
NEW YORK, July 16, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it has completed a $450 million refinancing of PENN 11, a 1.2 million square foot Manhattan office buil...

New York Office REIT Sell-Off Overdone After NYC Mayoral Primary, Analyst Says
Piper Sandler says it's too soon to call the November election for mayor of New York City.

New York banks, REITs fall as Mamdani's mayoral lead stokes rent freeze worries
Shares of several New York-based banks and real estate investment trusts fell on Wednesday as Zohran Mamdani's lead in New York City's Democratic mayoral primary stoked concerns that his proposed rent...

Primary win by pro-rent freeze Mamdani knocks shares of Flagstar bank on NYC market exposure
Zohran Mamdani, who is now the likely favorite to win the general election in November, promised to freeze rent increases in stabilized units during his campaign. The New York City mayor has the power...

Mamdani's victory could be a loss for investors in these New York City real-estate stocks
Worries about higher taxes for companies and ultrawealthy people and more regulations is hurting the stocks of some New York-focused real-estate investment trusts.

Newmark Arranges $675 Million Refinancing for Independence Plaza in Manhattan
NEW YORK , June 10, 2025 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors...

Vornado Completes Refinancing of Independence Plaza
NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its 50.1% owned joint venture has completed a $675 million refinancing of Independence Plaza, a 1,328 u...

Public REITs Are Positioned For Trophy Office Upside
Office buildings are experiencing accelerating bifurcation; quality assets in strong markets are outperforming as obsolete buildings face decline or conversion. We capitalized on deeply discounted val...

3 REITs Likely To Crush It If Rates Fall
We expect significant rate cuts over the coming year. This should serve as a strong catalyst for REITs. Some will benefit more than others. We highlight three big winners.

Vornado JV to Sell 512 West 22nd Street for $205 Million
NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its 55% owned joint venture has entered into an agreement to sell 512 West 22nd Street, a 173,000 square...

Vornado Realty Trust: What's With The Occupancy Dip
The New York office leasing market showed strong momentum in the first quarter, with the highest quarterly volume since 2014. The availability of Class A office space is shrinking, with 13 million squ...

Vornado Takes A Bite Out Of The Big Apple, As Demand For Space Returns
Vornado Realty Trust gets a hold rating for my initial coverage, after its recent Q1 earnings results came out. Positive drivers of future upside potential include market demand for NYC space, portfol...

Vornado Realty Trust (VNO) Q1 2025 Earnings Call Transcript
Vornado Realty Trust (NYSE:VNO) Q1 2025 Earnings Conference Call May 6, 2025 10:00 AM ET Company Participants Steve Borenstein - EVP & Corporate Counsel Steven Roth - Chairman & CEO Michael Franco - ...

Vornado Announces First Quarter 2025 Financial Results
NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today: Quarter Ended March 31, 2025 Financial Results NET INCOME attributable to common shareholders for the quarte...

Vornado Completes Master Lease with New York University for 770 Broadway
NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it has completed a master lease with New York University (“NYU”) to lease 1,076,000 square feet at 770 B...

Vornado Announces First Quarter Earnings Release Date and Conference Call Information
NEW YORK, April 24, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it will file its quarterly report on Form 10Q for the quarter ended March 31, 2025 with the U.S. Secur...

Vornado Announces PENN 1 Ground Rent Reset Determination
NEW YORK, April 22, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that the panel appointed to determine the ground rent payable by Vornado's subsidiary for the PENN 1 land p...

Vornado's Retail JV Completes $450 Million Financing of 1535 Broadway
NEW YORK, April 14, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its 52% owned street retail joint venture has completed a $450 million financing of 1535 Broadway, a p...

Vornado Releases 2024 Sustainability Report
NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) announced today that it released its 2024 Sustainability Report.