Vornado Realty Trust (VNO)

NYSE: VNO · Real-Time Price · USD
38.29
+1.15 (3.10%)
At close: Jun 27, 2025, 4:00 PM
38.29
0.00 (0.00%)
After-hours: Jun 27, 2025, 4:13 PM EDT
3.10%
Market Cap 7.99B
Revenue (ttm) 1.93B
Net Income (ttm) 104.15M
Shares Out 208.69M
EPS (ttm) 0.52
PE Ratio 72.98
Forward PE n/a
Dividend $0.74 (1.99%)
Ex-Dividend Date Dec 16, 2024
Volume 3,210,190
Open 37.40
Previous Close 37.14
Day's Range 37.24 - 38.31
52-Week Range 24.76 - 46.63
Beta 1.51
Analysts Hold
Price Target 37.91 (-0.99%)
Earnings Date Aug 4, 2025

About VNO

Vornado Realty Trust (“Vornado”) is a fully-integrated real estate investment trust (“REIT”) and conducts its business through, and substantially all of its interests in properties are held by, Vornado Realty L.P. (the “Operating Partnership”), a Delaware limited partnership. Vornado is the sole general partner of and owned approximately 91.4% of the common limited partnership interest in the Operating Partnership as of March 31, 2025. All references to the “Company,” “we,” “us” and “our” mean, collectively, Vornado, the Operating Partnership a... [Read more]

Industry REIT - Office
Sector Real Estate
Founded 1946
Employees 2,996
Stock Exchange NYSE
Ticker Symbol VNO
Full Company Profile

Financial Performance

In 2024, Vornado Realty Trust's revenue was $1.90 billion, an increase of 0.86% compared to the previous year's $1.88 billion. Earnings were $8.28 million, a decrease of -80.92%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for VNO stock is "Hold." The 12-month stock price forecast is $37.91, which is a decrease of -0.99% from the latest price.

Price Target
$37.91
(-0.99% downside)
Analyst Consensus: Hold
Stock Forecasts

News

New York Office REIT Sell-Off Overdone After NYC Mayoral Primary, Analyst Says

Piper Sandler says it's too soon to call the November election for mayor of New York City.

Other symbols: ESRTSLG
1 day ago - Barrons

New York banks, REITs fall as Mamdani's mayoral lead stokes rent freeze worries

Shares of several New York-based banks and real estate investment trusts fell on Wednesday as Zohran Mamdani's lead in New York City's Democratic mayoral primary stoked concerns that his proposed rent...

2 days ago - Reuters

Primary win by pro-rent freeze Mamdani knocks shares of Flagstar bank on NYC market exposure

Zohran Mamdani, who is now the likely favorite to win the general election in November, promised to freeze rent increases in stabilized units during his campaign. The New York City mayor has the power...

Other symbols: SLG
2 days ago - CNBC

Mamdani's victory could be a loss for investors in these New York City real-estate stocks

Worries about higher taxes for companies and ultrawealthy people and more regulations is hurting the stocks of some New York-focused real-estate investment trusts.

Other symbols: FLGSLGXLRE
2 days ago - Market Watch

Newmark Arranges $675 Million Refinancing for Independence Plaza in Manhattan

NEW YORK , June 10, 2025 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors...

Other symbols: NMRK
17 days ago - PRNewsWire

Vornado Completes Refinancing of Independence Plaza

NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its 50.1% owned joint venture has completed a $675 million refinancing of Independence Plaza, a 1,328 u...

22 days ago - GlobeNewsWire

Public REITs Are Positioned For Trophy Office Upside

Office buildings are experiencing accelerating bifurcation; quality assets in strong markets are outperforming as obsolete buildings face decline or conversion. We capitalized on deeply discounted val...

Other symbols: AREBXBXPCUZHIWKRCSLG
24 days ago - Seeking Alpha

3 REITs Likely To Crush It If Rates Fall

We expect significant rate cuts over the coming year. This should serve as a strong catalyst for REITs. Some will benefit more than others. We highlight three big winners.

Other symbols: NNNSAFE
5 weeks ago - Seeking Alpha

Vornado JV to Sell 512 West 22nd Street for $205 Million

NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its 55% owned joint venture has entered into an agreement to sell 512 West 22nd Street, a 173,000 square...

6 weeks ago - GlobeNewsWire

Vornado Realty Trust: What's With The Occupancy Dip

The New York office leasing market showed strong momentum in the first quarter, with the highest quarterly volume since 2014. The availability of Class A office space is shrinking, with 13 million squ...

6 weeks ago - Seeking Alpha

Vornado Takes A Bite Out Of The Big Apple, As Demand For Space Returns

Vornado Realty Trust gets a hold rating for my initial coverage, after its recent Q1 earnings results came out. Positive drivers of future upside potential include market demand for NYC space, portfol...

7 weeks ago - Seeking Alpha

Vornado Realty Trust (VNO) Q1 2025 Earnings Call Transcript

Vornado Realty Trust (NYSE:VNO) Q1 2025 Earnings Conference Call May 6, 2025 10:00 AM ET Company Participants Steve Borenstein - EVP & Corporate Counsel Steven Roth - Chairman & CEO Michael Franco - ...

7 weeks ago - Seeking Alpha

Vornado Announces First Quarter 2025 Financial Results

NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today: Quarter Ended March 31, 2025 Financial Results NET INCOME attributable to common shareholders for the quarte...

7 weeks ago - GlobeNewsWire

Vornado Completes Master Lease with New York University for 770 Broadway

NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it has completed a master lease with New York University (“NYU”) to lease 1,076,000 square feet at 770 B...

7 weeks ago - GlobeNewsWire

Vornado Declares Quarterly Dividends On Preferred Shares

NEW YORK, April 30, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared the following quarterly preferred dividends:

2 months ago - GlobeNewsWire

Vornado Announces First Quarter Earnings Release Date and Conference Call Information

NEW YORK, April 24, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it will file its quarterly report on Form 10Q for the quarter ended March 31, 2025 with the U.S. Secur...

2 months ago - GlobeNewsWire

Vornado Announces PENN 1 Ground Rent Reset Determination

NEW YORK, April 22, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that the panel appointed to determine the ground rent payable by Vornado's subsidiary for the PENN 1 land p...

2 months ago - GlobeNewsWire

Vornado's Retail JV Completes $450 Million Financing of 1535 Broadway

NEW YORK, April 14, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its 52% owned street retail joint venture has completed a $450 million financing of 1535 Broadway, a p...

2 months ago - GlobeNewsWire

Vornado Releases 2024 Sustainability Report

NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) announced today that it released its 2024 Sustainability Report.

2 months ago - GlobeNewsWire

Vornado Realty: O Series Might Be The Best Option Right Now

The return-to-office trend has boosted Vornado Realty Trust's common shares, yet valuation concerns and a lower dividend yield likely make it a less attractive option. Vornado's 4.45% CUM PFD O shares...

4 months ago - Seeking Alpha

REIT Replay: REIT Share Prices Tick Up During Week Ended Feb. 21

Share prices for US equity real estate investment trusts ticked up slightly during the week ended Feb. 21, outperforming the broader stock market. Looking at the Dow Jones US real estate property sect...

Other symbols: CCICNOCTODHCFPIHPPHST
4 months ago - Seeking Alpha

Vornado Realty Trust Q4 Earnings: If You Want Office, Buy The Best

The office market continues to struggle post-pandemic, with high vacancy rates and distressed assets, but top operators like VNO are showing resilience. VNO's strong Q4 2024 earnings and significant l...

4 months ago - Seeking Alpha

Vornado Realty: I'm Buying The Dip In The Series O Preferreds As Manhattan Office Demand Soars

Vornado Realty Trust's shares are up more than 60% as the REIT recorded a strong fiscal 2024 fourth quarter earnings beat, despite a slight FFO dip. VNO's Series O preferreds trade at a significant di...

4 months ago - Seeking Alpha

Vornado Realty Trust (VNO) Q4 2024 Earnings Call Transcript

Vornado Realty Trust (NYSE:VNO) Q4 2024 Earnings Conference Call February 11, 2025 10:00 AM ET Company Participants Steven Borenstein - Senior Vice President & Corporate Counsel Steven Roth - Chairma...

4 months ago - Seeking Alpha

Vornado Announces Fourth Quarter 2024 Financial Results

NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today: Quarter Ended December 31, 2024 Financial Results NET INCOME attributable to common shareholders for the qu...

4 months ago - GlobeNewsWire