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DOW   37,986.40
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Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
'Civil War’ continues box-office campaign at No. 1
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Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
'Civil War’ continues box-office campaign at No. 1
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
'Civil War’ continues box-office campaign at No. 1
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
'Civil War’ continues box-office campaign at No. 1
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
NYSE:VNO

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

$26.09
+0.26 (+1.01%)
(As of 04/19/2024 ET)
Today's Range
$25.69
$26.24
50-Day Range
$24.71
$29.98
52-Week Range
$12.31
$32.21
Volume
1.04 million shs
Average Volume
2.04 million shs
Market Capitalization
$4.97 billion
P/E Ratio
113.43
Dividend Yield
4.60%
Price Target
$24.80

Vornado Realty Trust MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.50 Rating Score
Upside/​Downside
4.9% Downside
$24.80 Price Target
Short Interest
Bearish
11.16% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.25
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
3.48%
From $2.30 to $2.38 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.

1.62 out of 5 stars

Finance Sector

705th out of 851 stocks

Real Estate Investment Trusts Industry

146th 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

Vornado Realty Trust (NYSE:VNO) Stock Price Down 8.2%
Vornado Releases 2023 Sustainability Report
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
Portfolio Poison: 3 Toxic Stocks to Purge Immediately
Vornado Realty: I'm Still Buying The Preferreds
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
Vornado Realty Trust Pl Pref (VNO_pl)
VNO Vornado Realty Trust
VNO Apr 2024 30.000 put
VNO May 17th Options Begin Trading
VNO Apr 2024 27.000 call
VNO Apr 2024 21.000 put
Beyond The Numbers: 7 Analysts Discuss Vornado Realty Stock
VNO Feb 2024 27.000 call
VNO Mar 2024 24.000 put
Unveiling 6 Analyst Insights On Vornado Realty
See More Headlines
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Company Calendar

Last Earnings
2/12/2024
Today
4/21/2024
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
$24.80
High Stock Price Target
$31.00
Low Stock Price Target
$18.00
Potential Upside/Downside
-4.9%
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
$3.03 per share
Book Value
$23.76 per share

Miscellaneous

Free Float
175,186,000
Market Cap
$4.97 billion
Optionable
Optionable
Beta
1.57

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 equities research 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 equities research 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 12-month target prices for Vornado Realty Trust's shares. Their VNO share price targets range from $18.00 to $31.00. On average, they expect the company's share price to reach $24.80 in the next year. This suggests that the stock has a possible downside of 4.9%.
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 at the beginning of the year. Since then, VNO stock has decreased by 7.6% and is now trading at $26.09.
View the best growth stocks for 2024 here
.

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) released its quarterly earnings data on Monday, February, 12th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by $0.55. The real estate investment trust had revenue of $441.89 million for 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%. Vornado Realty Trust's revenue for the quarter was down 1.1% compared to the same quarter last year. During the same period last year, the firm earned $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 given a dividend of $0.30 per share on Wednesday, December 27th. This represents a $1.20 dividend on an annualized basis and a yield of 4.60%. The ex-dividend date of this dividend 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 4.60%. 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 50.42% 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 declared that its board has approved a stock buyback plan on Wednesday, April 26th 2023, which permits the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 7% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's board 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 many different retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.11%), Sumitomo Mitsui Trust Holdings Inc. (0.10%), Farmers Trust Co. (0.07%), State of Alaska Department of Revenue (0.05%), Green Alpha Advisors LLC (0.03%) and State of Michigan Retirement System (0.02%). 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 4/21/2024 by MarketBeat.com Staff

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