About Vornado Realty Trust
Vornado Realty Trust is a fully integrated real estate investment trust (REIT). The Company conducts its business through, and its interests in properties are held by, Vornado Realty L.P. (the Operating Partnership). It is the sole general partner of, and owns common limited partnership interest in the Operating Partnership. Its segments include New York and Washington, DC. The New York segment consists of approximately 29.3 million square feet in over 80 properties. The Washington, DC segment consists of over 70 properties aggregating approximately 20 million square feet, which consists of over 15.8 million square feet of office space in over 60 properties, seven residential properties containing over 2,410 units and a hotel property. It also owns approximately 3.6 million square foot Mart (theMart) in Chicago; interest in 555 California Street; interest in Vornado Capital Partners, its real estate fund; interest in Toys "R" Us, Inc., and other real estate and other investments.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: REIT - Diversified
- Sub-Industry: Diversified REITs
- Exchange: NYSE
- Symbol: VNO
- CUSIP: 92904210
- Previous Close: $109.98
- 50 Day Moving Average: $105.41
- 200 Day Moving Average: $100.97
- 52-Week Range: $189,100,000.00 - $80.84
- Trailing P/E Ratio: 25.33
- Foreward P/E Ratio: 52.28
- P/E Growth: 3.65
- Market Cap: $20.76B
- Outstanding Shares: 189,100,000
- Beta: 0.88
- Net Margins: 36.19%
- Return on Equity: 4.57%
- Return on Assets: 1.32%
Companies Related to Vornado Realty Trust:
- Debt-to-Equity Ratio: 0.14%
- Current Ratio: 0.24%
- Quick Ratio: 0.24%
What is Vornado Realty Trust's stock symbol?
Vornado Realty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "VNO."
How often does Vornado Realty Trust pay dividends? What is the dividend yield for Vornado Realty Trust?
Vornado Realty Trust declared a quarterly dividend on Wednesday, January 18th. Investors of record on Monday, January 30th will be given a dividend of $0.71 per share on Wednesday, February 15th. This represents a $2.84 annualized dividend and a yield of 2.59%. The ex-dividend date of this dividend is Thursday, January 26th. This is a positive change from Vornado Realty Trust's previous quarterly dividend of $0.63.
Where is Vornado Realty Trust's stock going? Where will Vornado Realty Trust's stock price be in 2017?
8 brokerages have issued twelve-month target prices for Vornado Realty Trust's stock. Their forecasts range from $100.00 to $116.50. On average, they anticipate Vornado Realty Trust's share price to reach $108.93 in the next year.
When will Vornado Realty Trust announce their earnings?
Vornado Realty Trust is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.
What are analysts saying about Vornado Realty Trust stock?
Here are some recent quotes from research analysts about Vornado Realty Trust stock:
According to Zacks Investment Research, "Vornado reported fourth-quarter 2016 adjusted funds from operations (FFO) per share of $1.13, missing the Zacks Consensus Estimate of $1.31. Results reflect a fall in occupancy in the Washington DC portfolio. Though the shares of Vornado outperformed the Zacks categorized REIT and Equity Trust – Other industry over the past three months, the 2017 estimate declined over the past 60 days. As part of its portfolio-repositioning efforts, the company is aggressively disposing its assets, which has earnings dilutive effects. Further, stiff competition and hike in interest rates remain its concerns. Nevertheless, Vornado has Class A office assets located in high-rent, high barrier-to-entry markets and a diverse tenant base. Also, strategic acquisitions and divestitures including spin-offs and a strong New York business have the capability to drive long-term growth." (2/14/2017)
J P Morgan Chase & Co analysts commented, "We updated our VNO model and are lowering our 2016 and 2017 FFO estimates to account for the 3Q miss and a lower GAAP NOI run-rate coming out of the quarter. Note that our estimates do not strip out VNO’s planned DC spin-merger with JBG, which is expected to close in 2Q’17; we chose this approach so as to keep earnings multiples relevant until shares of the spin are distributed." (11/30/2016)
Who owns Vornado Realty Trust stock?
Vornado Realty Trust's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (5.31%), Dimensional Fund Advisors LP (1.22%), Russell Investments Group Ltd. (0.75%), FMR LLC (0.65%), Heitman Real Estate Securities LLC (0.39%) and Asset Management One Co. Ltd. (0.38%). Company insiders that own Vornado Realty Trust stock include Daniel R Tisch, Joseph Macnow, Mitchell N Schear, Russell B Wight Jr and Russell B Wight, Jr.
Who sold Vornado Realty Trust stock? Who is selling Vornado Realty Trust stock?
Vornado Realty Trust's stock was sold by a variety of institutional investors in the last quarter, including V3 Capital Management L.P., State Street Corp, Heitman Real Estate Securities LLC, Levin Capital Strategies L.P., Third Avenue Management LLC, Franklin Resources Inc., NN Investment Partners Holdings N.V. and Aberdeen Asset Management PLC UK. Company insiders that have sold Vornado Realty Trust stock in the last year include Joseph Macnow and Mitchell N Schear.
Who bought Vornado Realty Trust stock? Who is buying Vornado Realty Trust stock?
Vornado Realty Trust's stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., FMR LLC, Asset Management One Co. Ltd., Employees Retirement System of Texas, FIL Ltd, TCW Group Inc., AMF Pensionsforsakring AB and Zurich Insurance Group Ltd FI. Company insiders that have bought Vornado Realty Trust stock in the last two years include Daniel R Tisch, Russell B Wight Jr and Russell B Wight, Jr.
How do I buy Vornado Realty Trust stock?
Shares of Vornado Realty Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Vornado Realty Trust stock cost?
One share of Vornado Realty Trust stock can currently be purchased for approximately $109.79.