Vornado Realty Trust (VNO)

NYSE: VNO · Real-Time Price · USD
40.34
-0.58 (-1.42%)
Sep 25, 2025, 3:44 PM EDT - Market open
-1.42%
Market Cap8.42B
Revenue (ttm)1.89B
Net Income (ttm)812.71M
Shares Out 208.75M
EPS (ttm)4.07
PE Ratio9.90
Forward PEn/a
Dividend$0.74 (1.84%)
Ex-Dividend DateDec 16, 2024
Volume570,955
Open40.41
Previous Close40.92
Day's Range40.02 - 40.80
52-Week Range29.68 - 46.63
Beta1.58
AnalystsHold
Price Target38.64 (-4.21%)
Earnings DateNov 3, 2025

About VNO

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 June 30, 2025. All references to the “Company,” “we,” “us” and “our” mean, collectively, Vornado, the Operating Partnership an... [Read more]

Industry REIT - Office
Founded 1946
Employees 2,996
Stock Exchange NYSE
Ticker Symbol VNO
Full Company Profile

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 Statements

Analyst Summary

According to 11 analysts, the average rating for VNO stock is "Hold." The 12-month stock price target is $38.64, which is a decrease of -4.21% from the latest price.

Price Target
$38.64
(-4.21% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Vornado Realty Trust (VNO) Presents At BofA Securities 2025 Global Real Estate Conference Transcript

Vornado Realty Trust (NYSE:VNO) BofA Securities 2025 Global Real Estate Conference September 10, 2025 1:30 PM EDT Company Participants Michael Franco - President & CFO Glen Weiss - Executive VP of Of...

14 days ago - Seeking Alpha

Vornado Completes Acquisition of 623 Fifth Avenue

NEW YORK, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it has completed the previously announced acquisition of the 623 Fifth Avenue office condominium, a 36...

16 days ago - GlobeNewsWire

Vornado Realty Doubles Down On Manhattan, I'm Buying Its Series O Preferreds

Vornado Realty's Series O preferreds offer an attractive 7.5% yield from a portfolio of prime Manhattan office properties. Manhattan office occupancy is rising, with strong tenant demand and limited n...

27 days ago - Seeking Alpha

Vornado Realty Trust to Purchase 623 Fifth Avenue

Vornado Realty Trust 623 Fifth Avenue

4 weeks ago - GlobeNewsWire

Vornado JV Completes Sale of 512 West 22nd Street for $205 Million

NEW YORK, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its 55% owned joint venture has completed the previously announced sale of 512 West 22nd Street, a 173,...

5 weeks ago - GlobeNewsWire

Vornado Completes $120 Million Refinancing of 4 Union Square South

NEW YORK, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it has completed a $120 million refinancing of 4 Union Square South, a 204,000 square foot Manhattan re...

6 weeks ago - GlobeNewsWire

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.

7 weeks ago - Seeking Alpha

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...

7 weeks ago - GlobeNewsWire

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:

2 months ago - GlobeNewsWire

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...

2 months ago - Seeking Alpha

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

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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.

Other symbols: ESRTSLG
3 months ago - Barrons

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...

3 months ago - Reuters

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...

Other symbols: SLG
3 months ago - CNBC

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.

Other symbols: FLGSLGXLRE
3 months ago - Market Watch

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...

Other symbols: NMRK
3 months ago - PRNewsWire

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...

3 months ago - GlobeNewsWire

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...

Other symbols: AREBXBXPCUZHIWKRCSLG
4 months ago - Seeking Alpha

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.

Other symbols: NNNSAFE
4 months ago - Seeking Alpha

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...

4 months ago - GlobeNewsWire

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...

4 months ago - Seeking Alpha

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...

5 months ago - Seeking Alpha

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 - ...

5 months ago - Seeking Alpha