Vornado Realty Trust (VNO)
| Market Cap | 8.90B |
| Revenue (ttm) | 1.46B |
| Net Income (ttm) | -349.62M |
| Shares Out | 191.46M |
| EPS (ttm) | -1.84 |
| PE Ratio | n/a |
| Forward PE | 34.48 |
| Dividend | $2.25 |
| Dividend Yield | 4.84% |
| Trading Day | June 18 |
| Last Price | $46.46 |
| Previous Close | $47.89 |
| Change ($) | -1.43 |
| Change (%) | -2.99% |
| Day's Open | 47.61 |
| Day's Range | 46.44 - 47.66 |
| Day's Volume | 2,393,926 |
| 52-Week Range | 28.58 - 50.91 |
Vornado's focus to redeploy asset sale proceeds to fund buyouts and redevelopment projects looks good. However, retail store closures and bankruptcies remain concerning for its retail portfolio.
Vornado (VNO) reported earnings 30 days ago. What's next for the stock?
A forced surge in Americans who were able to work from home (WFH) during the COVID-19 pandemic ended up being mostly a success for those people lucky enough to be able to do it.
NEW YORK, May 13, 2021 (GLOBE NEWSWIRE) -- VORNADO REALTY TRUST (NYSE: VNO) today announced that Vornado Realty L.P., the operating partnership through which Vornado Realty Trust conducts its business, ...
Vornado's (VNO) $1.2-billion refinancing of 555 California Street results in net proceeds of nearly $454 million for the company's 70% stake in the partnership for the ownership of the campus.
NEW YORK, May 10, 2021 (GLOBE NEWSWIRE) -- VORNADO REALTY TRUST (NYSE: VNO) announced today that it has completed a $1.2 billion refinancing of 555 California Street, a three building 1.8 million square...
Occupancy erosions in first-quarter 2021 hinder Vornado's (VNO) same-store NOI growth for the New York portfolio as well as theMART.
Vornado (VNO) delivered FFO and revenue surprises of 3.17% and -1.19%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK , May 03, 2021 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today:
NEW YORK, April 28, 2021 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared the following quarterly preferred dividends:
NEW YORK, April 28, 2021 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared a regular quarterly dividend of $.53 per share payable on May 21, 202...
Despite anticipated gains from the sale of condominium units, Vornado's (VNO) Q1 results are likely to reflect the impacts of trade show cancellations and retail headwinds.
NEW YORK, April 21, 2021 (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, 2021 with the U.S. Securi...
NEW YORK, April 16, 2021 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that Vornado Realty L.P., the operating partnership through which Vornado Realty Trust conducts its business,...
NEW YORK, April 15, 2021 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today the promotion of Jan LaChapelle, age 44, to Executive Vice President – Head of Capital Markets. Ms. LaChapell...
NEW YORK, April 12, 2021 (GLOBE NEWSWIRE) -- VORNADO REALTY TRUST (NYSE: VNO) announced today that it released its 2020 Environmental, Social, & Governance (“ESG”) report.
The refinancing offers Vornado (VNO) a cheaper line of credit and extend maturities of the assumed debt, thereby helping the company improve its maturity profile and enjoy greater flexibility.
Third Avenue Value Fund (Trades, Portfolio) has revealed its portfolio for the first quarter, which ended Jan. 31. Top trades include new buys into Lazard Ltd.
NEW YORK, March 29, 2021 (GLOBE NEWSWIRE) -- VORNADO REALTY TRUST (NYSE: VNO) announced today that it has completed a $350 million refinancing of 909 Third Avenue, a 1.4 million square foot Manhattan of...
Vornado (VNO) reported earnings 30 days ago. What's next for the stock?
Vornado (VNO) refinanced a previous $300-million LIBOR plus 1.75% loan with a $525-million LIBOR plus 1.107% one, receiving net proceeds of nearly $105 million.
NEW YORK, Feb. 26, 2021 (GLOBE NEWSWIRE) -- VORNADO REALTY TRUST (NYSE: VNO) announced today that its 55% owned joint venture has completed a $525 million refinancing of One Park Avenue, a 943,000 squar...
Regular readers of my articles will know I follow the trading activity of Chris Hohn's TCI Fund Management closely. While this fund does not attract the level of attention of other high profile investme...
Vornado (VNO) registers a decline in the same-store NOI of the New York portfolio as well as theMART on occupancy erosions in fourth-quarter 2020.
NEW YORK, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today:
Vornado (VNO) is likely to have seen a net operating income decline in its New York City and theMART segments due to the shutdown of Hotel Pennsylvania and cancellations of trade shows.
NEW YORK, Jan. 29, 2021 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) today announced that its financial results for the three months ended December 31, 2020 will include the items listed in the ...
NEW YORK, Jan. 28, 2021 (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, 2020 with the U.S. Securities...
NEW YORK, Jan. 20, 2021 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared the following quarterly preferred dividends:
NEW YORK, Jan. 20, 2021 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared a regular quarterly dividend of $.53 per share payable on February 12,...
This one is a predominantly office REIT and its holdings are concentrated in Manhattan. We still love it!
Jon Najarian's final options triple play of 2020
"Halftime Report" trader Jon Najarian spots unusual options activity in U.S. Global Jets ETF, Vornado Realty & Capri Holdings.
COVID has decimated New York City's economy. High COVID infection rates and low office utilization rates fuel concerns about the impact of work from home on the NYC office market. NYC REIT has very low ...
NEW YORK, Dec. 04, 2020 (GLOBE NEWSWIRE) -- VORNADO REALTY TRUST (NYSE:VNO) announced today a dividend on its recently issued Series N Cumulative Redeemable Preferred Shares for the partial period of No...
Vornado (VNO) reported earnings 30 days ago. What's next for the stock?
Vornado Realty Trust said Tuesday it's planning to cut 70 jobs as part of a cost-cutting program that aims to save more than $35 million annually. The real estate investment trust expects to recognize a...
NEW YORK, Dec. 01, 2020 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today a series of senior management changes. The Company also announced a $35 million annual overhead reduction prog...
On the one hand, there was apparently something to be said for turkeys other than how tasty they are. On the other, the term is considered an insult today.
NEW YORK, Nov. 19, 2020 (GLOBE NEWSWIRE) -- VORNADO REALTY TRUST (NYSE: VNO) today announced the pricing of a public offering of $300 million perpetual 5.25% Series N Cumulative Redeemable Preferred Sha...
One of the sectors that has suffered the most in the coronavirus pandemic is commercial real estate. Bank reports suggest that tens of billions of dollars of mortgage-backed securities in the commercial...
Normalcy will return, but things will get worse before they get better.
Vornado Realty Trust (VNO) CEO Steven Roth on Q3 2020 Results - Earnings Call Transcript
Vornado Realty's (VNO) Q3 results reflect a decline in the same-store NOI performance of the New York portfolio as well as theMART.
Vornado (VNO) delivered FFO and revenue surprises of -7.81% and 0.28%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, Nov. 02, 2020 (GLOBE NEWSWIRE) -- VORNADO REALTY TRUST (NYSE: VNO) reported today:
While occupancy and uncollected rent woes are likely to have clouded healthcare, retail and office REITs' Q3 performance, high network investment by carriers are expected to have aided tower REITs.
NEW YORK, Oct. 29, 2020 (GLOBE NEWSWIRE) -- VORNADO REALTY TRUST (NYSE:VNO) announced today that its Board of Trustees has declared the following quarterly preferred dividends:
NEW YORK, Oct. 29, 2020 (GLOBE NEWSWIRE) -- VORNADO REALTY TRUST (NYSE:VNO) announced today that its Board of Trustees has declared a regular quarterly dividend of $.53 per share payable on November 20,...
Vornado's (VNO) Q3 results are expected to reflect low leasing amid the challenging office market condition. Also, write-offs of uncollectible tenant receipts are likely to have hurt the bottom line.
About VNO
Vornado's portfolio is concentrated in the nation's key market – New York City – along with the premier asset in both Chicago and San Francisco. Vornado is also the real estate industry leader in sustainability policy. The company owns and manages over 23 million square feet of LEED certified buildings and received the Energy Star Partner of the Year Award, Sustained Excellence 2019. In 2012, Vornado commemorated 50 years on the NYSE.
| Industry REIT-Office | |
| Stock Exchange NYSE | Ticker Symbol VNO |
Analyst Forecasts
According to 13 analysts, the average rating for VNO stock is "Hold." The 12-month stock price forecast is 45.00, which is a decrease of -3.14% from the latest price.