Vornado Realty Trust (NYSE:VNO) Receives Consensus Rating of "Hold" from Brokerages

Key Points

• Vornado has a consensus analyst rating of Hold from 11 firms (1 sell, 7 hold, 3 buy) with an average 1‑year target of $36.40, although several analysts recently trimmed price targets and one downgraded the stock to sell.
• The stock opened at $24.71 (near its 12‑month low of $24.57) and was down 3.8%; the company reported quarterly EPS of $0.55, missing estimates by $0.02 while revenue beat, and trades at a P/E of 5.9 with a $4.71B market cap.

Vornado Realty Trust (NYSE:VNO - Get Free Report) has earned a consensus rating of "Hold" from the eleven ratings firms that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1 year target price among analysts that have covered the stock in the last year is $36.40.

A number of research analysts recently weighed in on VNO shares. Scotiabank dropped their price objective on shares of Vornado Realty Trust from $36.00 to $32.00 and set a "sector perform" rating for the company in a report on Monday, March 2nd. Wall Street Zen lowered shares of Vornado Realty Trust from a "hold" rating to a "sell" rating in a report on Saturday, February 14th. Weiss Ratings reissued a "hold (c)" rating on shares of Vornado Realty Trust in a research report on Monday, December 29th. Piper Sandler dropped their price target on shares of Vornado Realty Trust from $38.00 to $36.00 and set a "neutral" rating for the company in a research note on Wednesday, February 11th. Finally, Mizuho cut their price objective on Vornado Realty Trust from $40.00 to $34.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 24th.

Vornado Realty Trust Stock Down 3.8%

Shares of NYSE:VNO opened at $24.71 on Friday. The company has a market capitalization of $4.71 billion, a price-to-earnings ratio of 5.90, a PEG ratio of 1.33 and a beta of 1.53. Vornado Realty Trust has a 12-month low of $24.57 and a 12-month high of $43.37. The business has a 50-day moving average price of $28.92 and a 200 day moving average price of $34.13. The company has a current ratio of 5.25, a quick ratio of 5.25 and a debt-to-equity ratio of 1.44.

Vornado Realty Trust (NYSE:VNO - Get Free Report) last posted its quarterly earnings data on Monday, February 9th. The real estate investment trust reported $0.55 earnings per share for the quarter, missing analysts' consensus estimates of $0.57 by ($0.02). Vornado Realty Trust had a return on equity of 18.64% and a net margin of 49.99%.The company had revenue of $453.71 million for the quarter, compared to analysts' expectations of $440.23 million. During the same period in the previous year, the business posted $0.61 EPS. The business's revenue for the quarter was down .9% on a year-over-year basis. Sell-side analysts expect that Vornado Realty Trust will post 2.31 EPS for the current year.

Institutional Investors Weigh In On Vornado Realty Trust

Large investors have recently bought and sold shares of the stock. Spire Wealth Management raised its position in Vornado Realty Trust by 19.6% in the 3rd quarter. Spire Wealth Management now owns 1,680 shares of the real estate investment trust's stock valued at $68,000 after purchasing an additional 275 shares in the last quarter. Bfsg LLC boosted its stake in shares of Vornado Realty Trust by 5.9% in the 3rd quarter. Bfsg LLC now owns 5,036 shares of the real estate investment trust's stock valued at $204,000 after buying an additional 280 shares during the period. Farther Finance Advisors LLC grew its position in shares of Vornado Realty Trust by 4.8% during the fourth quarter. Farther Finance Advisors LLC now owns 7,706 shares of the real estate investment trust's stock worth $256,000 after buying an additional 351 shares in the last quarter. Arjuna Capital grew its position in shares of Vornado Realty Trust by 5.4% during the third quarter. Arjuna Capital now owns 6,942 shares of the real estate investment trust's stock worth $281,000 after buying an additional 358 shares in the last quarter. Finally, Signaturefd LLC increased its stake in shares of Vornado Realty Trust by 2.0% during the fourth quarter. Signaturefd LLC now owns 19,976 shares of the real estate investment trust's stock worth $665,000 after buying an additional 389 shares during the period. Hedge funds and other institutional investors own 90.02% of the company's stock.

Vornado Realty Trust Company Profile

Vornado Realty Trust is a self‐administered real estate investment trust focused on the ownership, management and redevelopment of office and retail properties. As a fully integrated REIT, the company oversees leasing, property management, building operations and strategic capital improvements designed to enhance asset value and tenant experience. Vornado's business model emphasizes long‐term cash flow generation through stable rental income and disciplined portfolio optimization.

The company's core portfolio is concentrated in New York City, where it holds a diverse mix of office towers and street‐level retail assets in prominent submarkets such as Midtown and the Penn Plaza corridor.

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