Vornado Realty Trust
About: Vornado owns and has an ownership interest in Class A office and retail properties highly concentrated in Manhattan, with additional properties in San Francisco and Chicago. It operates as a real estate investment trust.
Employees: 2,996
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
59% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 39
24% more capital invested
Capital invested by funds: $6B [Q3] → $7.42B (+$1.42B) [Q4]
12.78% more ownership
Funds ownership: 79.86% [Q3] → 92.64% (+12.78%) [Q4]
5% more funds holding
Funds holding: 365 [Q3] → 382 (+17) [Q4]
2% more repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 127
0% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 4 (+0) [Q4]
27% less call options, than puts
Call options by funds: $57.9M | Put options by funds: $79M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$28
21%
downside
Avg. target
$34
2%
downside
High target
$44
25%
upside
5 analyst ratings
0 positive
0%
3 neutral
60%
2 negative
40%
Piper Sandler Alexander Goldfarb 33% 1-year accuracy 13 / 40 met price target | 8%upside $38 | Neutral Maintained | 10 Apr 2025 |
Barclays Ross Smotrich 50% 1-year accuracy 2 / 4 met price target | 9%downside $32 | Underweight Maintained | 14 Mar 2025 |
Morgan Stanley Ronald Kamdem 60% 1-year accuracy 9 / 15 met price target | 21%downside $28 | Equal-Weight Maintained | 14 Mar 2025 |
Goldman Sachs Caitlin Burrows 44% 1-year accuracy 11 / 25 met price target | 15%downside $30 | Sell Maintained | 25 Feb 2025 |
Compass Point Floris Van Dijkum 32% 1-year accuracy 6 / 19 met price target | 25%upside $44 | Neutral Maintained | 12 Feb 2025 |
Financial journalist opinion
Based on 7 articles about VNO published over the past 30 days
Neutral
GlobeNewsWire
6 days ago
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. Securities and Exchange Commission and issue its first quarter earnings release on Monday, May 5, 2025, after the New York Stock Exchange has closed. The Company will host a quarterly earnings conference call and an audio webcast on Tuesday, May 6, 2025 at 10:00 a.m. Eastern Time (ET).
Neutral
GlobeNewsWire
1 week ago
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 parcel for the 25-year period beginning June 17, 2023 has determined that the annual rent payable during the current 25-year term will be $15 million.
Positive
Zacks Investment Research
2 weeks ago
Vornado's Retail JV Boosts Strength With $450M Financing
VNO's retail JV completes $450-million financing of 1535 Broadway.
Neutral
GlobeNewsWire
2 weeks ago
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 premier Times Square retail destination with full blockfront 4K LED signage. The interest only, non–recourse loan carries a fixed rate of 6.90% and matures in May 2030.
Positive
Zacks Investment Research
2 weeks ago
Is it Wise to Retain Vornado Realty Stock in Your Portfolio Now?
VNO is well-poised to gain from its premium assets in select high-rent markets and portfolio-repositioning efforts despite choppiness in the office real estate market.
Positive
Zacks Investment Research
2 weeks ago
Vornado (VNO) Surges 10.3%: Is This an Indication of Further Gains?
Vornado (VNO) was a big mover last session on higher-than-average trading volume. The latest trend in FFO per share estimate revisions might help the stock continue moving higher in the near term.
Neutral
GlobeNewsWire
3 weeks ago
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.
Neutral
Zacks Investment Research
1 month ago
Should You Retain Vornado Realty Stock in Your Portfolio Now?
VNO's premium assets in select high-rent markets and portfolio-repositioning efforts augur well despite ongoing choppiness in the office real estate market.
Positive
Seeking Alpha
2 months ago
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 offer an alternative, yielding 5%+ higher than Vornado's common shares. Moreover, O Series possesses less implied call and spread risk than other cumulative perpetuals. Some might reduce exposure to Vornado after its year-over-year run. However, reasons to maintain exposure to Vornado include, a systematic recovery in offices and optimism about PENN 2.
Positive
Seeking Alpha
2 months ago
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 sector indexes, the retail REIT index logged the largest increase during the recent week, up 0.84%, followed by the apartment REIT index at 0.80%.
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