Vornado Realty Trust Company Profile (NYSE:VNO)

About Vornado Realty Trust

Vornado Realty Trust logoVornado 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
Key Metrics:
  • Previous Close: $109.95
  • 50 Day Moving Average: $106.72
  • 200 Day Moving Average: $101.20
  • 52-Week Range: $189,100,000.00 - $85.96
  • Trailing P/E Ratio: 25.40
  • Foreward P/E Ratio: 58.58
  • P/E Growth: 3.69
  • Market Cap: $20.83B
  • Outstanding Shares: 189,100,000
  • Beta: 0.88
  • Net Margins: 36.19%
  • Return on Equity: 4.57%
  • Return on Assets: 1.32%
  • Debt-to-Equity Ratio: 0.14%
  • Current Ratio: 0.24%
  • Quick Ratio: 0.24%
Additional Links:
Companies Related to Vornado Realty Trust:

Analyst Ratings

Consensus Ratings for Vornado Realty Trust (NYSE:VNO) (?)
Ratings Breakdown: 3 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.63)
Consensus Price Target: $108.93 (1.09% downside)

Analysts' Ratings History for Vornado Realty Trust (NYSE:VNO)
DateFirmActionRatingPrice TargetDetails
1/23/2017Barclays PLCLower Price TargetHold$103.00 -> $101.00View Rating Details
11/30/2016J P Morgan Chase & CoBoost Price TargetOverweight$110.00 -> $115.00View Rating Details
11/11/2016Bank of America CorpUpgradeNeutral -> Buy$108.00 -> $114.00View Rating Details
8/30/2016ArgusReiterated RatingHoldView Rating Details
7/7/2016Citigroup Inc.Boost Price TargetBuy$106.00 -> $116.50View Rating Details
5/16/2016Deutsche Bank AGBoost Price TargetHold$97.00 -> $100.00View Rating Details
5/16/2016Evercore ISIUpgradeHold -> Buy$106.00 -> $108.00View Rating Details
4/12/2016Credit Suisse GroupUpgradeNeutral -> Outperform$108.00View Rating Details
9/8/2015Evercore Partners Inc.Lower Price TargetHold$110.00 -> $103.00View Rating Details
9/3/2015SunTrust Banks, Inc.Lower Price TargetNeutral$112.00 -> $105.00View Rating Details
7/13/2015Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$119.00 -> $100.00View Rating Details
5/9/2015Morgan StanleyReiterated RatingEqual WeightView Rating Details
(Data available from 2/27/2015 forward)


Earnings History for Vornado Realty Trust (NYSE:VNO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/13/2017Q416$1.31$1.13$637.56 million$638.26 millionViewN/AView Earnings Details
10/31/2016Q316$1.27$1.24$631.60 million$633.20 millionViewN/AView Earnings Details
8/1/2016Q2$1.27$1.21$621.30 million$621.71 millionViewN/AView Earnings Details
5/2/2016Q1$1.22$1.08$613.04 millionViewN/AView Earnings Details
2/16/2016Q415$1.29$1.37$641.23 million$651.60 millionViewListenView Earnings Details
11/2/2015Q3$1.26$1.25$630.13 million$627.60 millionViewN/AView Earnings Details
8/3/2015Q215$1.23$1.71$614.56 million$616.28 millionViewN/AView Earnings Details
5/4/2015Q115$1.19$1.16$624.60 million$606.80 millionViewN/AView Earnings Details
2/18/2015Q414$1.23$1.36$677.44 million$679.10 millionViewN/AView Earnings Details
11/21/2014$1.15$1.31ViewN/AView Earnings Details
11/3/2014Q314$1.15$1.15$666.60 million$670.90 millionViewN/AView Earnings Details
8/4/2014Q214$1.12$1.15$668.27 million$666.61 millionViewN/AView Earnings Details
5/5/2014Q114$1.27$1.20$670.58 million$660.60 millionViewN/AView Earnings Details
2/24/2014Q413$0.29($0.37)$665.70 million$673.31 millionViewListenView Earnings Details
11/5/2013Q313$1.10$1.12$665.71 million$683.40 millionViewListenView Earnings Details
8/5/2013Q213$1.19$1.25$673.35 million$685.86 millionViewN/AView Earnings Details
5/7/2013Q1 13$1.88$1.14$649.84 million$721.02 millionViewListenView Earnings Details
2/27/2013Q412$1.17$1.22$623.31 million$697.65 millionViewListenView Earnings Details
11/1/2012Q312$1.14$1.14$659.00 million$710.98 millionViewN/AView Earnings Details
8/6/2012$0.96$1.13ViewN/AView Earnings Details
5/7/2012$1.74$1.81ViewN/AView Earnings Details
11/3/2011$1.15$1.20ViewN/AView Earnings Details
8/1/2011$1.16$1.27ViewN/AView Earnings Details
5/3/2011$2.00$2.12ViewN/AView Earnings Details
2/23/2011$1.09$1.17ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Vornado Realty Trust (NYSE:VNO)
Current Year EPS Consensus Estimate: $1.88 EPS
Next Year EPS Consensus Estimate: $1.88 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20161$1.29$1.29$1.29
Q3 20161$1.24$1.24$1.24
Q4 20161$1.27$1.27$1.27
(Data provided by Zacks Investment Research)


Current Dividend Information for Vornado Realty Trust (NYSE:VNO)
Annual Dividend:$2.84
Dividend Yield:2.58%
Dividend Growth:-4.80% (3 Year Average)
Payout Ratio:65.59% (Based on Trailing 12 Months of Earnings)
151.06% (Based on Current Year Consensus EPS Estimate)
151.06% (Based on Next Year Consensus EPS Estimate)

Dividend History for Vornado Realty Trust (NYSE:VNO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Vornado Realty Trust (NYSE:VNO)
Insider Ownership Percentage: 9.72%
Institutional Ownership Percentage: 90.25%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/29/2016Mitchell N. SchearInsiderSell15,000$102.64$1,539,600.00View SEC Filing  
12/8/2016Joseph MacnowEVPSell40,000$102.98$4,119,200.00View SEC Filing  
11/2/2016Daniel R. TischDirectorBuy50,000$88.53$4,426,500.00View SEC Filing  
8/17/2016Russell B. Wight, Jr.DirectorBuy2,000$102.53$205,060.00View SEC Filing  
9/22/2015Joseph MacnowEVPSell4,500$25.08$112,860.00View SEC Filing  
8/24/2015Russell B Wight JrDirectorBuy2,000$88.20$176,400.00View SEC Filing  
1/7/2015Joseph MacnowEVPSell30,663$121.64$3,729,847.32View SEC Filing  
12/22/2014Mitchell N SchearInsiderSell25,000$117.16$2,929,000.00View SEC Filing  
11/19/2014Richard R WestDirectorSell26,000$25.55$664,300.00View SEC Filing  
10/10/2014Michael D FascitelliDirectorSell400,000$101.39$40,556,000.00View SEC Filing  
9/17/2014Robert MinutoliEVPBuy1,000$103.78$103,780.00View SEC Filing  
8/6/2014Robert MinutoliEVPBuy1,000$105.19$105,190.00View SEC Filing  
5/21/2014Robert MinutoliEVPBuy1,000$105.11$105,110.00View SEC Filing  
5/14/2014Joseph MacnowEVPSell72,321$105.76$7,648,668.96View SEC Filing  
5/8/2014Robert MinutoliEVPBuy1,000$105.04$105,040.00View SEC Filing  
3/3/2014Robert MinutoliEVPBuy2,000$96.65$193,300.00View SEC Filing  
1/10/2014Mitchell SchearInsiderSell25,000$91.26$2,281,500.00View SEC Filing  
12/10/2013Wendy SilversteinEVPSell15,819$90.69$1,434,625.11View SEC Filing  
6/10/2013Stephen W TheriotCFOBuy3,100$81.39$252,309.00View SEC Filing  
4/4/2013Russell B Wight JrDirectorSell10,000$84.90$849,000.00View SEC Filing  
8/10/2012Daniel R TischDirectorBuy5,000$79.93$399,650.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Vornado Realty Trust (NYSE:VNO)
bizjournals.com logoWith a year of free rent tossed in, Arlington County sticks with Vornado in Courthouse (NYSE:VNO)
www.bizjournals.com - February 27 at 8:26 AM
News IconSilver Bay Realty Trust Corp (NYSE:VNO)
mundoaguaysaneamiento.net - February 26 at 10:50 AM
News IconEVP – Principal Accounting Off of Vornado Realty Trust (NYSE:VNO), Iocco Matthew, sells 2,106 shares worth $232,187 (NYSE:VNO)
empowerednews.net - February 25 at 8:05 PM
News IconWith An ROE Of 11.1%, Has Vornado Realty Trust’s (VNO) Management Done A Good Job? (NYSE:VNO)
simplywall.st - February 25 at 8:05 PM
nasdaq.com logoAgree To Purchase Vornado Realty Trust At $90, Earn 3.2 ... - Nasdaq - Nasdaq (NYSE:VNO)
www.nasdaq.com - February 25 at 4:16 AM
bizjournals.com logoVornado shelves major Arlington projects as it prepares to exit Washington market (NYSE:VNO)
us.rd.yahoo.com - February 23 at 11:42 PM
bizjournals.com logoJBG taps CBRE to seek buyers for Alexandria's Beauregard development (NYSE:VNO)
www.bizjournals.com - February 23 at 11:42 PM
bizjournals.com logoVornado shelves major Arlington projects as its prepares to exit Washington market (NYSE:VNO)
www.bizjournals.com - February 23 at 3:18 AM
News IconEquity Sheet: Reviewing the Numbers for Vornado Realty Trust (NYSE:VNO) - Providence Standard (NYSE:VNO)
providencestandard.com - February 21 at 3:27 PM
nasdaq.com logoNotable ETF Outflow Detected - ICF, VNO, DLR, O - Nasdaq (NYSE:VNO)
www.nasdaq.com - February 21 at 3:27 PM
4-traders.com logoVornado Realty Trust : Correction to article on Trump's connection to government landlord (NYSE:VNO)
www.4-traders.com - February 18 at 7:30 PM
finance.yahoo.com logoVORNADO REALTY TRUST Financials (NYSE:VNO)
finance.yahoo.com - February 17 at 5:04 PM
investors.com logoTrump's Ties To Infrastructure Advisors Roth And LeFrak Run Deep ... - Investor's Business Daily (NYSE:VNO)
www.investors.com - February 17 at 6:29 AM
News IconWhat is the Street Saying About Vornado Realty Trust (NYSE:VNO)? - Aiken Advocate (NYSE:VNO)
aikenadvocate.com - February 17 at 6:29 AM
News IconThe Bears And Bulls Square Off On Vornado Realty Trust (VNO) - NY Stock News (NYSE:VNO)
nystocknews.com - February 17 at 6:29 AM
News IconDividend Growth of Vornado Realty Trust(VNO) - Morning Outlook (NYSE:VNO)
www.morningoutlook.com - February 17 at 6:29 AM
bloomberg.com logoTrump Ties to Infrastructure Advisers Roth, LeFrak Run Deep (NYSE:VNO)
www.bloomberg.com - February 17 at 6:29 AM
wsj.com logo[$$] Government Landlord Pays Millions Each Year to Trump Company (NYSE:VNO)
www.wsj.com - February 17 at 6:29 AM
wsj.com logo[$$] One of Government’s Largest Landlords, Vornado, Pays Millions Each Year to Trump Company (NYSE:VNO)
www.wsj.com - February 17 at 6:29 AM
finance.yahoo.com logoEdited Transcript of VNO earnings conference call or presentation 14-Feb-17 3:00pm GMT (NYSE:VNO)
finance.yahoo.com - February 15 at 1:49 AM
seekingalpha.com logoVornado Realty Trust's (VNO) CEO Steven Roth on Q4 2016 Results - Earnings Call Transcript - Seeking Alpha (NYSE:VNO)
seekingalpha.com - February 14 at 8:48 PM
News IconCompany Focus on Shares of Vornado Realty Trust (NYSE:VNO) - Rives Journal (NYSE:VNO)
rivesjournal.com - February 14 at 3:48 PM
reuters.com logoTrump economic plans may benefit New York real estate: Vornado - Reuters (NYSE:VNO)
www.reuters.com - February 14 at 3:48 PM
News IconVornado Realty Trust (NYSE:VNO) Holding Above Moving Averages - Winfield Review (NYSE:VNO)
winfieldreview.com - February 14 at 3:48 PM
News IconVornado Realty Trust (VNO) Releases Earnings Results, Misses Expectations By $-0.18 EPS - Highland Mirror (NYSE:VNO)
www.highlandmirror.com - February 14 at 3:48 PM
finance.yahoo.com logoTrump economic plans may benefit New York real estate - Vornado (NYSE:VNO)
in.finance.yahoo.com - February 14 at 3:48 PM
bizjournals.com logoHow a Pentagon City apartment building will help the pending launch of JBG Smith Properties (NYSE:VNO)
www.bizjournals.com - February 14 at 3:48 PM
thestreet.com logoHere Are 5 REITs You Should Buy Right Now - TheStreet.com (NYSE:VNO)
www.thestreet.com - February 14 at 6:58 AM
nasdaq.com logoVornado Realty Trust Q4 Profit Drops 10% - Nasdaq (NYSE:VNO)
www.nasdaq.com - February 14 at 6:58 AM
sg.finance.yahoo.com logoVornado reports 4Q results (NYSE:VNO)
sg.finance.yahoo.com - February 14 at 6:58 AM
finance.yahoo.com logoVornado Announces Fourth Quarter 2016 Financial Results (NYSE:VNO)
finance.yahoo.com - February 14 at 6:58 AM
bizjournals.com logoVornado Realty Trust's CFO headed to JBG ahead of merger deal (NYSE:VNO)
www.bizjournals.com - February 14 at 6:58 AM
thestreet.com logoHere Are 5 REITs You Should Buy Right Now (NYSE:VNO)
www.thestreet.com - February 14 at 6:58 AM
biz.yahoo.com logoQ4 2016 Vornado Realty Trust Earnings Release - After Market Close (NYSE:VNO)
biz.yahoo.com - February 13 at 10:01 AM
zacks.com logoVornado (VNO) Q4 Earnings: What's in Store for the Stock? (NYSE:VNO)
www.zacks.com - February 10 at 6:29 AM
News IconVornado Realty Trust (NYSE:VNO) Approaching Earnings Date: What matter for investors? (NYSE:VNO)
techknowbits.com - February 9 at 6:34 AM
News IconFree Cash Flow Score in Focus for Vornado Realty Trust (NYSE:VNO) - Providence Standard (NYSE:VNO)
providencestandard.com - February 7 at 8:38 PM
nasdaq.com logoVornado Realty Trust's Series G Preferred Shares Cross 6.5% Yield Mark (NYSE:VNO)
www.nasdaq.com - February 7 at 3:35 PM
News IconTop Gainers of the Day: Vornado Realty Trust (NYSE:VNO) from REIT – Diversified (NYSE:VNO)
twincountynews.com - February 7 at 1:51 AM
News IconLeading stocks in today’s market: Vornado Realty Trust (NYSE:VNO) (NYSE:VNO)
twincountynews.com - February 6 at 10:06 AM
News IconWhat investors have to know about the future of Vornado Realty Trust’s (VNO) business? (NYSE:VNO)
simplywall.st - February 5 at 11:09 PM
News IconWaterfront Capital Partners LLC Trimmed Position in Vornado Rlty Tr (VNO) by $5.76 Million as Shares Rose (NYSE:VNO)
randolphguide.com - February 3 at 6:38 AM
News IconEarnings Parade Rolls On, What Are Analysts Saying About Vornado Realty Trust (NYSE:VNO)? - Wall Street Beacon (NYSE:VNO)
wsbeacon.com - January 31 at 1:50 AM
News IconAre Analysts Predicting a Near-Term Upswing For Vornado Realty Trust (NYSE:VNO)? - Wall Street Beacon (NYSE:VNO)
wsbeacon.com - January 27 at 9:03 PM
streetinsider.com logoVornado Realty Trust (VNO) PT Raised to $112 at UBS - StreetInsider.com (NYSE:VNO)
www.streetinsider.com - January 27 at 3:47 PM
forbes.com logoVNO Named A Top Socially Responsible Dividend Stock (NYSE:VNO)
www.forbes.com - January 27 at 11:08 AM
bloomberg.com logoKushner’s Felon Father Back At Helm Of New York Empire With Two Fellow Inmates (NYSE:VNO)
www.bloomberg.com - January 27 at 6:37 AM
News IconVornado Realty Trust (NYSE:VNO) from REIT - Diversified - Todays Top Gains (NYSE:VNO)
latribunadecanarias.com - January 26 at 2:26 AM
4-traders.com logoVORNADO REALTY TRUST (NYSE:VNO) Files An 8-K Regulation FD Disclosure (NYSE:VNO)
www.4-traders.com - January 25 at 4:21 PM
News IconSmart Money Selling the Price Strength of Vornado Realty Trust (NYSE:VNO) (NYSE:VNO)
crcconnection.com - January 25 at 4:21 PM


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 announced a quarterly dividend on Wednesday, January 18th. Stockholders 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 dividend yield of 2.58%. The ex-dividend date of this dividend is Thursday, January 26th. This is an increase 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 equities research analysts have issued 12 month price targets for Vornado Realty Trust's stock. Their forecasts range from $100.00 to $116.50. On average, they expect Vornado Realty Trust's stock 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, "Recently, Vornado reported lower-than-expected fourth-quarter 2016 adjusted funds from operations (FFO) per share. Results reflect a fall in occupancy in the Washington DC portfolio. However, the company declared a sequential rise in its quarterly dividend. Notably, in Oct 2016, its board approved a spin-off of its Washington, DC business, which is in sync with its value creating strategy and is likely to turn it into a New York-based REIT. Vornado is poised for growth given its premium quality office assets in high-rent, high barrier-to-entry markets, a diverse tenant base and strong balance sheet. But, as part of its repositioning efforts, the company is disposing its assets which have strong earnings dilutive effects. Also, rate hike has added to its woes. So, though Vornado’s shares outperformed the Zacks-categorized REIT and Equity Trust – Other industry in the past three months, lately its estimates moved south." (2/22/2017)

  • 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 many different of retail and institutional 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 acquired 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 $110.13.

Vornado Realty Trust (NYSE:VNO) Chart for Monday, February, 27, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for Vornado Realty Trust (NYSE:VNO)

Earnings History Chart

Earnings by Quarter for Vornado Realty Trust (NYSE:VNO)

Dividend History Chart

Dividend Payments by Quarter for Vornado Realty Trust (NYSE:VNO)

Last Updated on 2/27/2017 by MarketBeat.com Staff