Vornado Realty Trust (VNO) Stock Price, News & Analysis

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vornado Realty Trust in the last year. There are currently 5 sell ratings and 5 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" VNO shares.
View VNO analyst ratings or view top-rated stocks.

10 analysts have issued 1-year price targets for Vornado Realty Trust's shares. Their VNO share price targets range from $18.00 to $31.00. On average, they expect the company's share price to reach $24.80 in the next year. This suggests that the stock has a possible downside of 3.5%.
View analysts price targets for VNO or view top-rated stocks among Wall Street analysts.

Vornado Realty Trust's stock was trading at $28.25 on January 1st, 2024. Since then, VNO shares have decreased by 9.0% and is now trading at $25.71.
View the best growth stocks for 2024 here.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our VNO earnings forecast.

Vornado Realty Trust (NYSE:VNO) released its quarterly earnings results on Monday, February, 12th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by $0.55. The real estate investment trust had revenue of $441.89 million for the quarter, compared to analysts' expectations of $453.82 million. Vornado Realty Trust had a net margin of 5.82% and a trailing twelve-month return on equity of 3.22%. Vornado Realty Trust's revenue for the quarter was down 1.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.72 EPS.
Read the conference call transcript.

Vornado Realty Trust announced a quarterly dividend on Tuesday, December 5th. Investors of record on Friday, December 15th will be given a dividend of $0.30 per share on Wednesday, December 27th. This represents a $1.20 dividend on an annualized basis and a yield of 4.67%. The ex-dividend date is Thursday, December 14th.
Read our dividend analysis for VNO.

Vornado Realty Trust (NYSE:VNO) pays an annual dividend of $1.20 per share and currently has a dividend yield of 4.59%. VNO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 521.74%. 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 50.42% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VNO.

ETFs with the largest weight of Vornado Realty Trust (NYSE:VNO) stock in their portfolio include Invesco MSCI Green Building ETF (GBLD), Cambria Global Real Estate ETF (BLDG), Global X Green Building ETF (GRNR), AXS Green Alpha ETF (NXTE), Global X Founder-Run Companies ETF (BOSS), Invesco MSCI Sustainable Future ETF (PZD), Arrow Dow Jones Global Yield ETF (GYLD) and Invesco MSCI Sustainable Future ETF (ERTH).

Vornado Realty Trust announced that its Board of Directors has approved a stock repurchase plan on Wednesday, April 26th 2023, which authorizes the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 7% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board believes its shares are undervalued.

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's stock is owned by many different retail and institutional investors. Top institutional investors include Farmers Trust Co. (0.07%), Green Alpha Advisors LLC (0.03%), First National Bank Sioux Falls (0.01%), CWM LLC (0.01%), Park Avenue Securities LLC (0.01%) and GAMMA Investing LLC (0.00%). Insiders that own company stock include Michael D Fascitelli and Russell B Wight Jr.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.