Vornado Realty Trust (VNO)
(Delayed Data from NYSE)
$26.26 USD
-0.14 (-0.53%)
Updated Apr 26, 2024 04:00 PM ET
After-Market: $26.27 +0.01 (0.04%) 7:58 PM ET
3-Hold of 5 3
C Value D Growth C Momentum C VGM
Company Summary
New York-based Vornado Realty Trust, a real estate investment trust (REIT), is the owner and manager of the commercial real estate in the United States, with a portfolio concentrated in the New York City, Chicago and San Francisco. The company's portfolio mainly includes office and street retail properties. It is a S&P 500 index member.
In April 2021, Vornado permanently closed down Hotel Pennsylvania situated on Seventh Avenue at 33rd Street in the Penn District and planned to develop an office tower on the site. The demolition of the existing building was completed ...
Company Summary
New York-based Vornado Realty Trust, a real estate investment trust (REIT), is the owner and manager of the commercial real estate in the United States, with a portfolio concentrated in the New York City, Chicago and San Francisco. The company's portfolio mainly includes office and street retail properties. It is a S&P 500 index member.
In April 2021, Vornado permanently closed down Hotel Pennsylvania situated on Seventh Avenue at 33rd Street in the Penn District and planned to develop an office tower on the site. The demolition of the existing building was completed in third-quarter 2023.
As of Dec 31, 2023, Vornado owned 32.4% stake in Alexander’s, Inc. that owns five properties in the greater New York metropolitan area, including 731 Lexington Avenue, the 1.1 million square foot Bloomberg, L.P. headquarters building and The Alexander, a 312-unit apartment tower in Queens. In New York, Vornado also owns signage throughout the Penn District and Times Square as well as Building Maintenance Services LLC ("BMS") — a wholly owned subsidiary — that provides cleaning and security services for Vornado’s buildings and third parties.
In addition, Vornado has theMART in Chicago and 555 California Street property in San Francisco. It owns and manages more than 25 million square feet of Leadership in Energy and Environmental Design (LEED) certified buildings.
In August 2023, Vornado entered into Manhattan’s first PPP venture with Hudson Pacific Properties, Blackstone, the City of New York and New York City Economic Development Corporation to build a studio campus at Pier 94 with a joint investment of around $350 million.
Earlier Vornado completed the development phase of a residential condominium tower, 220 Central Park South (CPS), consisting of 397,000 salable square feet of space. In 2023, Vornado completed the sale of two condominium units at 220 CPS for net proceeds of around $24.5 million.
Note: All EPS numbers presented in this report represents funds from operations (FFO) per share. FFO, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income.
General Information
Vornado Realty Trust
888 SEVENTH AVE
NEW YORK, NY 10019
Phone: 212-894-7000
Fax: 201-587-0600
Web: http://www.vno.com
Email: NA
Industry | REIT and Equity Trust - Other |
Sector | Finance |
Fiscal Year End | December |
Last Reported Quarter | 3/31/2024 |
Earnings Date | 5/6/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.58 |
Current Year EPS Consensus Estimate | 2.30 |
Estimated Long-Term EPS Growth Rate | NA |
Earnings Date | 5/6/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 26.40 |
52 Week High | 32.21 |
52 Week Low | 12.31 |
Beta | 1.57 |
20 Day Moving Average | 1,882,008.75 |
Target Price Consensus | 24.31 |
4 Week | -8.72 |
12 Week | 0.08 |
YTD | -7.04 |
4 Week | -5.96 |
12 Week | -2.70 |
YTD | -13.06 |
Shares Outstanding (millions) | 190.48 |
Market Capitalization (millions) | 5,002.06 |
Short Ratio | NA |
Last Split Date | 10/21/1997 |
Dividend Yield | 4.57% |
Annual Dividend | $1.20 |
Payout Ratio | 0.46 |
Change in Payout Ratio | -0.24 |
Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
P/E (F1) | 11.40 |
Trailing 12 Months | 10.06 |
PEG Ratio | NA |
vs. Previous Year | -12.50% |
vs. Previous Quarter | -4.55% |
vs. Previous Year | -1.13% |
vs. Previous Quarter | -2.02% |
Price/Book | 1.11 |
Price/Cash Flow | 8.67 |
Price / Sales | 2.76 |
3/31/24 | NA |
12/31/23 | 3.22 |
9/30/23 | 3.41 |
3/31/24 | NA |
12/31/23 | 0.94 |
9/30/23 | 1.00 |
3/31/24 | NA |
12/31/23 | 4.95 |
9/30/23 | 4.52 |
3/31/24 | NA |
12/31/23 | 4.95 |
9/30/23 | 4.52 |
3/31/24 | NA |
12/31/23 | 8.44 |
9/30/23 | 9.08 |
3/31/24 | NA |
12/31/23 | 5.82 |
9/30/23 | -17.99 |
3/31/24 | NA |
12/31/23 | 3.43 |
9/30/23 | -20.02 |
3/31/24 | NA |
12/31/23 | 23.76 |
9/30/23 | 25.68 |
3/31/24 | NA |
12/31/23 | NA |
9/30/23 | NA |
3/31/24 | NA |
12/31/23 | 1.82 |
9/30/23 | 1.69 |
3/31/24 | NA |
12/31/23 | 60.91 |
9/30/23 | 59.05 |