Vornado Realty Trust - VNO Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Vornado Realty Trust in the last twelve months. There are currently 3 sell ratings, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Vornado Realty Trust stock. 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.
View analyst ratings for Vornado Realty Trust or view top-rated stocks.

7 brokers have issued twelve-month price objectives for Vornado Realty Trust's shares. Their VNO stock forecasts range from $24.00 to $44.00. On average, they predict Vornado Realty Trust's share price to reach $33.14 in the next year. This suggests a possible upside of 19.8% from the stock's current price.
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Vornado Realty Trust's stock was trading at $41.86 at the start of the year. Since then, VNO stock has decreased by 33.9% and is now trading at $27.66.
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Vornado Realty Trust is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our earnings forecast for Vornado Realty Trust.

Vornado Realty Trust (NYSE:VNO) posted its quarterly earnings data on Monday, August, 1st. The real estate investment trust reported $0.19 earnings per share for the quarter, missing analysts' consensus estimates of $0.79 by $0.60. The real estate investment trust had revenue of $453.49 million for the quarter, compared to analyst estimates of $430.43 million. Vornado Realty Trust had a net margin of 11.52% and a trailing twelve-month return on equity of 3.07%. Vornado Realty Trust's revenue for the quarter was up 19.7% compared to the same quarter last year. During the same period last year, the firm earned $0.69 EPS.
Read Vornado Realty Trust's conference call transcript.

Vornado Realty Trust declared a quarterly dividend on Thursday, July 28th. Investors of record on Monday, August 8th will be given a dividend of $0.53 per share on Friday, August 19th. This represents a $2.12 annualized dividend and a yield of 7.66%. The ex-dividend date of this dividend is Friday, August 5th.
View Vornado Realty Trust's dividend history.

Vornado Realty Trust(NYSE:VNO) pays an annual dividend of $2.12 per share and currently has a dividend yield of 7.46%. VNO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Vornado Realty Trust is 321.22%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Vornado Realty Trust will have a dividend payout ratio of 68.17% next year. This indicates that Vornado Realty Trust will be able to sustain or increase its dividend.
View Vornado Realty Trust's dividend history.

19 employees have rated Vornado Realty Trust CEO Michael D. Fascitelli on Glassdoor.com. Michael D. Fascitelli has an approval rating of 49% among Vornado Realty Trust'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 many different institutional and retail investors. Top institutional investors include Private Management Group Inc. (0.49%), Pinebridge Investments L.P. (0.45%), Sumitomo Mitsui Trust Holdings Inc. (0.32%), Pzena Investment Management LLC (0.25%), National Bank of Canada FI (0.23%) and Asset Management One Co. Ltd. (0.17%). Company insiders that own Vornado Realty Trust stock include Barry Langer, Michael D Fascitelli and William W Helman.
View institutional ownership trends for 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 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 $27.66.

Vornado Realty Trust (NYSE:VNO) has a market capitalization of $5.30 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 $0.66 on an earnings per share basis.

Vornado Realty Trust 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 Vornado Realty Trust 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.