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 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
51% more call options, than puts
Call options by funds: $31.3M | Put options by funds: $20.7M
23% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 47
12% more repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 124
0% more funds holding
Funds holding: 385 [Q4 2024] → 385 (+0) [Q1 2025]
10.14% less ownership
Funds ownership: 92.67% [Q4 2024] → 82.53% (-10.14%) [Q1 2025]
22% less capital invested
Capital invested by funds: $7.43B [Q4 2024] → $5.83B (-$1.6B) [Q1 2025]
25% less funds holding in top 10
Funds holding in top 10: 4 [Q4 2024] → 3 (-1) [Q1 2025]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$38
6%
downside
Avg. target
$39
5%
downside
High target
$39
3%
downside
2 analyst ratings
0 positive
0%
2 neutral
100%
0 negative
0%
Truist Securities Michael Lewis | 6%downside $38 | Hold Maintained | 3 Jun 2025 |
Piper Sandler Alexander Goldfarb | 3%downside $39 | Neutral Maintained | 23 May 2025 |
Financial journalist opinion
Based on 8 articles about VNO published over the past 30 days
Neutral
PRNewsWire
4 days ago
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, global corporations, and other owners and occupiers, announces it has arranged a $675 million loan on behalf of Vornado Realty Trust and Stellar Management for the refinancing of Independence Plaza, a 1,328-unit multifamily property located in the Tribeca neighborhood of Manhattan. Newmark Co-President of Global Debt & Structured Finance Jordan Roeschlaub and Vice Chairman Nick Scribani secured the financing from Deutsche Bank, Wells Fargo, Bank of America and Morgan Stanley.
Positive
Zacks Investment Research
1 week ago
Vornado's Joint Venture Boosts Strength With $675M Refinancing
VNO's JV locks in a $675 million refinancing for Manhattan's Independence Plaza at a higher fixed rate of 5.84% through June 2030.
Neutral
GlobeNewsWire
1 week ago
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 unit residential complex in the Tribeca submarket of Manhattan. The five-year interest only loan matures in June 2030 and has a fixed rate of 5.84%. This loan replaces the prior $675 million loan that bore interest at 4.25% and was scheduled to mature in July 2025.
Positive
Zacks Investment Research
1 week ago
Is it Wise to Retain Vornado Realty Stock in Your Portfolio Now?
VNO is well-poised to benefit 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
1 week ago
Vornado (VNO) Up 1.2% Since Last Earnings Report: Can It Continue?
Vornado (VNO) reported earnings 30 days ago. What's next for the stock?
Positive
Seeking Alpha
1 week ago
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 valuations in 2023-24, notably with HIW, which delivered a +43% total return in 2024. Current leasing momentum, generationally low supply, and return-to-office trends support positive earnings growth for high-quality office REITs.
Positive
Zacks Investment Research
3 weeks ago
Vornado Stock Gains 6.7% in a Month: Will the Trend Last?
Tenants' healthy demand for premier office spaces and portfolio-repositioning initiatives is well-poised to support VNO's performance.
Positive
Seeking Alpha
3 weeks ago
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.
Positive
Zacks Investment Research
1 month ago
Vornado's Joint Venture to Sell 512 West 22nd Street
VNO's JV selling of 512 West 22nd Street for $205 million represents a significant transaction within the New York real estate market.
Neutral
GlobeNewsWire
1 month ago
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 foot Class A office building, for $205 million. The sale is expected to close in the third quarter of 2025 and is subject to customary closing conditions.
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