Vornado's portfolio is concentrated in the nation's key market New York City along with the premier asset in both Chicago and San Francisco. Vornado is also the real estate industry leader in sustainability policy. The company owns and manages over 23 million square feet of LEED certified buildings and received the Energy Star Partner of the Year Award, Sustained Excellence 2017. In 2012, Vornado commemorated 50 years on the NYSE.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
Current SymbolNYSE:VNO
Previous Symbol
CUSIP92904210
Phone212-894-7000
Debt
Debt-to-Equity Ratio2.36
Current Ratio4.64
Quick Ratio4.64
Price-To-Earnings
Trailing P/E Ratio18.80
Forward P/E Ratio18.48
P/E Growth4.62
Sales & Book Value
Annual Sales$2.08 billion
Price / Sales6.41
Cash Flow$3.8753 per share
Price / Cash18.12
Book Value$21.68 per share
Price / Book3.24
Profitability
EPS (Most Recent Fiscal Year)$3.73
Net Income$227.41 million
Net Margins16.89%
Return on Equity8.55%
Return on Assets2.07%
Miscellaneous
Employees3,989
Outstanding Shares190,290,000
Market Cap$13.33 billion
OptionableOptionable
Vornado Realty Trust (NYSE:VNO) Frequently Asked Questions
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 declared a quarterly dividend on Thursday, October 25th. Stockholders of record on Monday, November 5th will be paid a dividend of $0.63 per share on Monday, November 19th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 3.60%. The ex-dividend date is Friday, November 2nd. View Vornado Realty Trust's Dividend History.
How were Vornado Realty Trust's earnings last quarter?
Vornado Realty Trust (NYSE:VNO) posted its quarterly earnings results on Monday, October, 29th. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.37 by $0.02. The real estate investment trust earned $542.05 million during the quarter, compared to analysts' expectations of $544.62 million. Vornado Realty Trust had a return on equity of 8.55% and a net margin of 16.89%. Vornado Realty Trust's revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.52 earnings per share. View Vornado Realty Trust's Earnings History.
When is Vornado Realty Trust's next earnings date?
What price target have analysts set for VNO?
11 analysts have issued 1-year target prices for Vornado Realty Trust's shares. Their forecasts range from $72.00 to $85.00. On average, they anticipate Vornado Realty Trust's share price to reach $79.5556 in the next twelve months. This suggests a possible upside of 13.7% from the stock's current price. View Analyst Price Targets for Vornado Realty Trust.
What is the consensus analysts' recommendation for Vornado Realty Trust?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vornado Realty Trust in the last year. There are currently 1 sell rating, 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Vornado Realty Trust.
Has Vornado Realty Trust been receiving favorable news coverage?
Media headlines about VNO stock have been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Vornado Realty Trust earned a coverage optimism score of 1.4 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near term.
Who are some of Vornado Realty Trust's key competitors?
Some companies that are related to Vornado Realty Trust include CROWN CASTLE In/SH SH (CCI), Prologis (PLD), Public Storage (PSA), Equinix (EQIX), Welltower (WELL), AvalonBay Communities (AVB), Equity Residential (EQR), DIGITAL RLTY TR/SH (DLR), Ventas (VTR), Weyerhaeuser (WY), SBA Communications (SBAC), Boston Properties (BXP), Brookfield Property Reit (BPR), Realty Income (O) and Essex Property Trust (ESS).
Who are Vornado Realty Trust's key executives?
Vornado Realty Trust's management team includes the folowing people:
- Mr. Steven Roth, Chairman & CEO (Age 76)
- Mr. Joseph Macnow, Exec. VP, CFO & Chief Admin. Officer (Age 72)
- Mr. Michael J. Franco, Exec. VP & Chief Investment Officer (Age 49)
- Mr. David R. Greenbaum, Pres of New York Division (Age 66)
- Mr. Matthew Iocco, Exec. VP & Chief Accounting Officer (Age 47)
Who are Vornado Realty Trust's major shareholders?
Vornado Realty Trust's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.87%), JPMorgan Chase & Co. (6.80%), Bank of New York Mellon Corp (0.77%), Russell Investments Group Ltd. (0.68%), Daiwa Securities Group Inc. (0.64%) and Third Avenue Management LLC (0.44%). Company insiders that own Vornado Realty Trust stock include Joseph Macnow and Mitchell N Schear. View Institutional Ownership Trends for Vornado Realty Trust.
Which institutional investors are selling Vornado Realty Trust stock?
VNO stock was sold by a variety of institutional investors in the last quarter, including Mitsubishi UFJ Trust & Banking Corp, Sumitomo Mitsui Asset Management Company LTD, JPMorgan Chase & Co., SG Americas Securities LLC, Alliancebernstein L.P., Bank of New York Mellon Corp, Swiss National Bank and Forsta AP Fonden. View Insider Buying and Selling for Vornado Realty Trust.
Which institutional investors are buying Vornado Realty Trust stock?
VNO stock was bought by a variety of institutional investors in the last quarter, including Daiwa Securities Group Inc., American Century Companies Inc., Los Angeles Capital Management & Equity Research Inc., Russell Investments Group Ltd., BlackRock Inc., TCW Group Inc., FMR LLC and Bank of Montreal Can. View Insider Buying and Selling for Vornado Realty Trust.
How do I buy shares of Vornado Realty Trust?
Shares of VNO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Vornado Realty Trust's stock price today?
One share of VNO stock can currently be purchased for approximately $69.99.
How big of a company is Vornado Realty Trust?
Vornado Realty Trust has a market capitalization of $13.33 billion and generates $2.08 billion in revenue each year. The real estate investment trust earns $227.41 million in net income (profit) each year or $3.73 on an earnings per share basis. Vornado Realty Trust employs 3,989 workers across the globe.
What is Vornado Realty Trust's official website?
How can I contact Vornado Realty Trust?
Vornado Realty Trust's mailing address is 888 SEVENTH AVE, NEW YORK NY, 10019. The real estate investment trust can be reached via phone at 212-894-7000.
MarketBeat Community Rating for Vornado Realty Trust (NYSE VNO)
MarketBeat's community ratings are surveys of what our community members think about Vornado Realty Trust and other stocks. Vote "Outperform" if you believe VNO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VNO will underperform the S&P 500 over the long term. You may vote once every thirty days.
