Scotiabank Has Bullish Outlook for VNO FY2025 Earnings

Key Points

• Scotiabank has increased its FY2025 earnings per share (EPS) estimate for Vornado Realty Trust to $2.29, up from $2.24, and maintains a "Sector Perform" rating with a target price of $40.00.
• Other analysts have varied views, with Mizuho reducing its target price to $43.00 and Evercore ISI raising it to $46.00, contributing to a mixed consensus rating of "Hold" for the stock.
• Vornado Realty Trust’s recent earnings report indicated a quarterly EPS of $0.56, surpassing expectations, but revenue was down 2.0% year-over-year, highlighting some operational challenges.

Vornado Realty Trust (NYSE:VNO - Free Report) - Equities researchers at Scotiabank upped their FY2025 earnings per share (EPS) estimates for shares of Vornado Realty Trust in a research report issued to clients and investors on Monday, October 13th. Scotiabank analyst N. Yulico now forecasts that the real estate investment trust will post earnings of $2.29 per share for the year, up from their previous forecast of $2.24. Scotiabank has a "Sector Perform" rating and a $40.00 price objective on the stock. The consensus estimate for Vornado Realty Trust's current full-year earnings is $2.31 per share. Scotiabank also issued estimates for Vornado Realty Trust's Q1 2026 earnings at $0.61 EPS and FY2027 earnings at $2.61 EPS.

Other equities analysts have also recently issued reports about the stock. Mizuho dropped their target price on shares of Vornado Realty Trust from $48.00 to $43.00 and set an "outperform" rating for the company in a research report on Monday, July 14th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Vornado Realty Trust in a report on Wednesday, October 8th. Evercore ISI raised their target price on Vornado Realty Trust from $44.00 to $46.00 and gave the company an "outperform" rating in a report on Monday, September 15th. Citigroup raised Vornado Realty Trust from a "sell" rating to a "neutral" rating and raised their target price for the company from $34.00 to $42.00 in a report on Friday, September 12th. Finally, Bank of America reduced their target price on Vornado Realty Trust from $42.00 to $40.00 and set a "neutral" rating on the stock in a report on Monday, August 25th. Three analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Vornado Realty Trust has an average rating of "Hold" and a consensus price target of $39.42.

Vornado Realty Trust Stock Performance

VNO opened at $40.40 on Thursday. The business's fifty day moving average is $39.43 and its 200-day moving average is $38.26. The firm has a market cap of $7.76 billion, a P/E ratio of 10.00, a price-to-earnings-growth ratio of 4.83 and a beta of 1.59. The company has a debt-to-equity ratio of 1.40, a quick ratio of 6.82 and a current ratio of 6.82. Vornado Realty Trust has a 52-week low of $29.68 and a 52-week high of $46.63.

Vornado Realty Trust (NYSE:VNO - Get Free Report) last released its earnings results on Monday, August 4th. The real estate investment trust reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.03. The company had revenue of $441.44 million for the quarter, compared to analyst estimates of $468.79 million. Vornado Realty Trust had a return on equity of 19.64% and a net margin of 48.49%.Vornado Realty Trust's quarterly revenue was down 2.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.57 EPS.

Insider Buying and Selling

In other Vornado Realty Trust news, EVP Haim Chera sold 30,000 shares of Vornado Realty Trust stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $39.64, for a total transaction of $1,189,200.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 8.42% of the company's stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Twin Tree Management LP lifted its holdings in Vornado Realty Trust by 102.1% during the 1st quarter. Twin Tree Management LP now owns 785 shares of the real estate investment trust's stock worth $29,000 after buying an additional 38,585 shares during the period. Assetmark Inc. lifted its holdings in Vornado Realty Trust by 23.3% during the 1st quarter. Assetmark Inc. now owns 1,835 shares of the real estate investment trust's stock worth $68,000 after buying an additional 347 shares during the period. Friedenthal Financial acquired a new position in Vornado Realty Trust during the 1st quarter worth about $75,000. Fifth Third Bancorp lifted its holdings in Vornado Realty Trust by 16.4% during the 1st quarter. Fifth Third Bancorp now owns 2,214 shares of the real estate investment trust's stock worth $82,000 after buying an additional 312 shares during the period. Finally, Skandinaviska Enskilda Banken AB publ acquired a new position in Vornado Realty Trust during the 2nd quarter worth about $111,000. 90.02% of the stock is owned by institutional investors and hedge funds.

Vornado Realty Trust Company Profile

Vornado Realty Trust is a fully - integrated equity real estate investment trust.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.