Vornado Realty Trust - VNO Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vornado Realty Trust in the last twelve months. There are currently 3 sell ratings, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" VNO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VNO, but not buy additional shares or sell existing shares.
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9 Wall Street research analysts have issued 12 month target prices for Vornado Realty Trust's shares. Their VNO share price forecasts range from $17.00 to $40.00. On average, they expect the company's share price to reach $24.88 in the next twelve months. This suggests a possible upside of 0.1% from the stock's current price.
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Vornado Realty Trust's stock was trading at $20.81 on January 1st, 2023. Since then, VNO shares have increased by 19.4% and is now trading at $24.85.
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The company is scheduled to release its next quarterly earnings announcement on Monday, February 13th 2023.
View our VNO earnings forecast.

Vornado Realty Trust will be holding an earnings conference call on Tuesday, February 14th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Vornado Realty Trust (NYSE:VNO) released its earnings results on Monday, August, 1st. The real estate investment trust reported $0.19 EPS for the quarter, missing the consensus estimate of $0.79 by $0.60. The real estate investment trust had revenue of $453.49 million for the quarter, compared to the consensus estimate of $430.43 million. Vornado Realty Trust had a net margin of 8.94% and a trailing twelve-month return on equity of 3.01%. Vornado Realty Trust's revenue was up 19.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.69 EPS.
Read the conference call transcript.

Vornado Realty Trust declared a quarterly dividend on Wednesday, January 18th. Shareholders of record on Monday, January 30th will be paid a dividend of $0.375 per share on Friday, February 10th. This represents a $1.50 dividend on an annualized basis and a yield of 6.04%. The ex-dividend date is Friday, January 27th.
Read our dividend analysis for VNO.

Vornado Realty Trust (NYSE:VNO) pays an annual dividend of $1.50 per share and currently has a dividend yield of 6.04%. VNO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 300.00%. 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 55.35% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VNO.

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.

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).

Vornado Realty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "VNO."

Vornado Realty Trust's stock is owned by a variety of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.76%), National Bank of Canada FI (0.71%), Private Management Group Inc. (0.51%), Calamos Advisors LLC (0.19%), Sumitomo Mitsui Trust Holdings Inc. (0.12%) and Simplex Trading LLC (0.00%). Insiders that own company stock include Michael D Fascitelli and William W Helman.
View institutional ownership trends.

Shares of VNO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of VNO stock can currently be purchased for approximately $24.85.

Vornado Realty Trust (NYSE:VNO) has a market capitalization of $4.77 billion and generates $1.59 billion in revenue each year. The real estate investment trust earns $176 million in net income (profit) each year or $0.50 on an earnings per share basis.

The company employs 3,224 workers across the globe.

Vornado Realty Trust's mailing address is 888 SEVENTH AVE, NEW YORK NY, 10019. The official website for the company is www.vno.com. The real estate investment trust can be reached via phone at (212) 894-7000 or via fax at 201-587-0600.