Vornado Realty Trust - VNO Stock Forecast, Price & News

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Vornado Realty Trust in the last twelve months. There are currently 4 sell ratings, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research 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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10 Wall Street research analysts have issued 12-month price targets for Vornado Realty Trust's shares. Their VNO share price forecasts range from $12.00 to $23.00. On average, they anticipate the company's stock price to reach $19.11 in the next year. This suggests a possible upside of 35.9% from the stock's current price.
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Vornado Realty Trust's stock was trading at $20.81 at the start of the year. Since then, VNO stock has decreased by 32.4% and is now trading at $14.06.
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The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 2023.
View our VNO earnings forecast.

Vornado Realty Trust (NYSE:VNO) issued its quarterly earnings results on Monday, February, 13th. The real estate investment trust reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.67 by $0.57. The real estate investment trust had revenue of $446.94 million for the quarter, compared to analyst estimates of $452.88 million. Vornado Realty Trust had a positive trailing twelve-month return on equity of 3.01% and a negative net margin of 19.25%. The firm's revenue for the quarter was up 6.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.81 earnings per share.
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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 dividend yield of 10.67%. The ex-dividend date of this dividend is Friday, January 27th.
Read our dividend analysis for VNO.

ETFs with the largest weight of Vornado Realty Trust (NYSE:VNO) stock in their portfolio include Invesco KBW Premium Yield Equity REIT ETF (KBWY), ALPS REIT Dividend Dogs ETF (RDOG), Invesco MSCI Green Building ETF (GBLD), Global X Green Building ETF (GRNR), AXS Green Alpha ETF (NXTE), Hoya Capital High Dividend Yield ETF (RIET), InfraCap Equity Income Fund ETF (ICAP) and Arrow Reverse Cap 500 ETF (YPS).

Vornado Realty Trust (NYSE:VNO) pays an annual dividend of $1.50 per share and currently has a dividend yield of 11.05%. VNO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
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 shareholders include Norges Bank (9.43%), Putnam Investments LLC (5.09%), Price T Rowe Associates Inc. MD (2.51%), Geode Capital Management LLC (1.95%), Morgan Stanley (1.25%) and Dimensional Fund Advisors LP (1.22%).
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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 $14.06.

Vornado Realty Trust (NYSE:VNO) has a market capitalization of $2.70 billion and generates $1.80 billion in revenue each year. The real estate investment trust earns $-346,500,000.00 in net income (profit) each year or ($2.13) on an earnings per share basis.

The company employs 3,146 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.