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In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
Multimillionaire Investor: "Hands Down the Most Lucrative Discovery of My Entire Career" (Ad)
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
How major US stock indexes fared Friday, 2/23/2024
Multimillionaire Investor: "Hands Down the Most Lucrative Discovery of My Entire Career" (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Closing prices for crude oil, gold and other commodities
All the trading advice you’ve ever received boils down to this (Ad)
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
Multimillionaire Investor: "Hands Down the Most Lucrative Discovery of My Entire Career" (Ad)
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
How major US stock indexes fared Friday, 2/23/2024
Multimillionaire Investor: "Hands Down the Most Lucrative Discovery of My Entire Career" (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Closing prices for crude oil, gold and other commodities
All the trading advice you’ve ever received boils down to this (Ad)
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
Multimillionaire Investor: "Hands Down the Most Lucrative Discovery of My Entire Career" (Ad)
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
How major US stock indexes fared Friday, 2/23/2024
Multimillionaire Investor: "Hands Down the Most Lucrative Discovery of My Entire Career" (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Closing prices for crude oil, gold and other commodities
All the trading advice you’ve ever received boils down to this (Ad)
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
NYSE:VNO

Vornado Realty Trust (VNO) Stock Price, News & Analysis

$25.47
-0.06 (-0.24%)
(As of 02/23/2024 ET)
Today's Range
$25.10
$25.77
50-Day Range
$24.71
$30.29
52-Week Range
$12.31
$32.21
Volume
1.16 million shs
Average Volume
2.43 million shs
Market Capitalization
$4.85 billion
P/E Ratio
110.74
Dividend Yield
4.71%
Price Target
$23.67

Vornado Realty Trust MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.50 Rating Score
Upside/​Downside
7.1% Downside
$23.67 Price Target
Short Interest
Bearish
11.14% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.25
Upright™ Environmental Score
News Sentiment
0.79mentions of Vornado Realty Trust in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$8.33 M Sold Last Quarter
Proj. Earnings Growth
6.84%
From $2.34 to $2.50 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.42 out of 5 stars

Finance Sector

417th out of 860 stocks

Real Estate Investment Trusts Industry

92nd out of 180 stocks

VNO stock logo

About Vornado Realty Trust Stock (NYSE:VNO)

Vornado is a fully integrated real estate investment trust (REIT) with a portfolio of premier New York City office and retail assets and the developer of the new PENN DISTRICT. While concentrated in New York, Vornado also owns the premier assets in both Chicago and San Francisco. Vornado is a real estate industry leader in sustainability, with over 27 million square feet of LEED-certified buildings and over 23 million square feet at LEED Gold or Platinum.

VNO Stock Price History

VNO Stock News Headlines

5 top office REITs to buy now (VNO)
Office REITs own and manage office space and lease it to various tenants. Learn more about investing in office REITs and the top office REITs to buy.
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN?
Financial giants have been injecting millions into the crypto market. The big players are going all in on crypto… but what are they gearing up for? There is a significant event on the horizon that will shape the future of Bitcoin—the upcoming Bitcoin halving event…We're revealing all the secrets behind the financial elite's bold moves in crypto during our LIVE, online event.
VNO Feb 2024 27.000 call
VNO Mar 2024 24.000 put
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Unveiling 6 Analyst Insights On Vornado Realty
Vornado (VNO) Q4 FFO Top Estimates
Vornado Realty Trust Q4 FFO Down
Vornado Announces Fourth Quarter 2023 Financial Results
Vornado: Q4 Earnings Snapshot
Vornado (VNO) to Report Q4 Earnings: What's in the Cards?
Vornado Declares Quarterly Dividends On Preferred Shares
See More Headlines
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Company Calendar

Ex-Dividend for 12/27 Dividend
12/14/2023
Dividend Payable
12/27/2023
Last Earnings
2/12/2024
Today
2/24/2024
Next Earnings (Estimated)
5/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Diversified REITs
CUSIP
92904210
Employees
2,935
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$23.67
High Stock Price Target
$31.00
Low Stock Price Target
$13.00
Potential Upside/Downside
-7.1%
Consensus Rating
Reduce
Rating Score (0-4)
1.50
Research Coverage
10 Analysts

Profitability

Net Income
$105.49 million
Pretax Margin
3.43%

Debt

Sales & Book Value

Annual Sales
$1.81 billion
Cash Flow
$3.02 per share
Book Value
$23.76 per share

Miscellaneous

Free Float
175,103,000
Market Cap
$4.85 billion
Optionable
Optionable
Beta
1.58

Social Links

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Key Executives

  • Mr. Steven Roth (Age 82)
    Chairman of the Board & CEO
    Comp: $2.64M
  • Mr. Michael J. Franco (Age 55)
    President & CFO
    Comp: $2.57M
  • Mr. Glen J. Weiss (Age 53)
    Executive VP of Office Leasing & Co-Head of Real Estate
    Comp: $2.84M
  • Mr. Barry S. Langer (Age 44)
    Executive VP of Development & Co-Head of Real Estate
    Comp: $2.52M
  • Mr. Haim H. Chera (Age 54)
    Executive VP & Head of Retail
    Comp: $2.82M
  • Robert Larson
    Senior Vice President of Operations
  • Ms. Deirdre K. Maddock
    Senior VP & Chief Accounting Officer
  • Mr. Robert Entin
    Chief Information Officer & Executive VP
  • Mr. Thomas Sanelli (Age 51)
    Executive VP of Finance & Chief Administrative Officer
  • Ms. Catherine C. Creswell
    Director of Investor Relations














VNO Stock Analysis - Frequently Asked Questions

Should I buy or sell Vornado Realty Trust stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vornado Realty Trust in the last twelve months. There are currently 5 sell ratings and 5 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" VNO shares.
View VNO analyst ratings
or view top-rated stocks.

What is Vornado Realty Trust's stock price target for 2024?

10 brokers have issued twelve-month price objectives for Vornado Realty Trust's stock. Their VNO share price targets range from $13.00 to $31.00. On average, they predict the company's stock price to reach $23.67 in the next year. This suggests that the stock has a possible downside of 7.1%.
View analysts price targets for VNO
or view top-rated stocks among Wall Street analysts.

How have VNO shares performed in 2024?

Vornado Realty Trust's stock was trading at $28.25 on January 1st, 2024. Since then, VNO stock has decreased by 9.8% and is now trading at $25.47.
View the best growth stocks for 2024 here
.

Are investors shorting Vornado Realty Trust?

Vornado Realty Trust saw a increase in short interest in the month of January. As of January 31st, there was short interest totaling 18,530,000 shares, an increase of 7.3% from the January 15th total of 17,270,000 shares. Based on an average trading volume of 2,620,000 shares, the short-interest ratio is presently 7.1 days. Approximately 11.1% of the company's stock are sold short.
View Vornado Realty Trust's Short Interest
.

When is Vornado Realty Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our VNO earnings forecast
.

How were Vornado Realty Trust's earnings last quarter?

Vornado Realty Trust (NYSE:VNO) announced its quarterly earnings data on Monday, February, 12th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.59 by $0.55. The real estate investment trust earned $441.89 million during the quarter, compared to analysts' expectations of $453.82 million. Vornado Realty Trust had a net margin of 5.82% and a trailing twelve-month return on equity of 3.22%. The company's revenue was down 1.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.72 earnings per share.
Read the conference call transcript
.

How often does Vornado Realty Trust pay dividends? What is the dividend yield for Vornado Realty Trust?

Vornado Realty Trust announced a quarterly dividend on Tuesday, December 5th. Investors of record on Friday, December 15th will be paid a dividend of $0.30 per share on Wednesday, December 27th. This represents a $1.20 annualized dividend and a yield of 4.71%. The ex-dividend date is Thursday, December 14th.
Read our dividend analysis for VNO
.

Is Vornado Realty Trust a good dividend stock?

Vornado Realty Trust (NYSE:VNO) pays an annual dividend of $1.20 per share and currently has a dividend yield of 4.70%. VNO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 521.74%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, VNO will have a dividend payout ratio of 48.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VNO.

How will Vornado Realty Trust's stock buyback program work?

Vornado Realty Trust announced that its Board of Directors has approved a stock buyback plan on Wednesday, April 26th 2023, which permits the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 7% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board of directors believes its shares are undervalued.

What is Michael D. Fascitelli's approval rating as Vornado Realty Trust's CEO?

19 employees have rated Vornado Realty Trust Chief Executive Officer Michael D. Fascitelli on Glassdoor.com. Michael D. Fascitelli has an approval rating of 49% among the company's employees. This puts Michael D. Fascitelli in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Vornado Realty Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Vornado Realty Trust investors own include Hawkins (HWKN), AT&T (T), Intel (INTC), UnitedHealth Group (UNH), Simon Property Group (SPG), Johnson & Johnson (JNJ), Pfizer (PFE), Bank of America (BAC), Wells Fargo & Company (WFC) and AbbVie (ABBV).

Who are Vornado Realty Trust's major shareholders?

Vornado Realty Trust's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (12.77%), Norges Bank (9.11%), Putnam Investments LLC (5.24%), Price T Rowe Associates Inc. MD (3.23%), Charles Schwab Investment Management Inc. (1.38%) and Dimensional Fund Advisors LP (1.28%). Insiders that own company stock include Michael D Fascitelli and Russell B Wight Jr.
View institutional ownership trends
.

How do I buy shares of Vornado Realty Trust?

Shares of VNO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:VNO) was last updated on 2/24/2024 by MarketBeat.com Staff

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