Vornado Realty Trust Future Growth

Future criteria checks 3/6

Vornado Realty Trust is forecast to grow earnings and revenue by 66% and 2.9% per annum respectively. EPS is expected to grow by 63.9% per annum. Return on equity is forecast to be 0.7% in 3 years.

Key information

66.0%

Earnings growth rate

63.9%

EPS growth rate

Office REITs earnings growth	55.2%
Revenue growth rate	2.9%
Future return on equity	0.7%
Analyst coverage	Low
Last updated	03 Dec 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

LSE:0LR2 - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,956	30	N/A	N/A	4
12/31/2025	1,844	-34	N/A	N/A	5
12/31/2024	1,778	-13	N/A	N/A	3
9/30/2024	1,871	-54	543	543	N/A
6/30/2024	1,879	18	500	500	N/A
3/31/2024	1,874	29	588	588	N/A
12/31/2023	1,884	43	648	648	N/A
9/30/2023	1,893	-389	676	676	N/A
6/30/2023	1,905	-434	743	743	N/A
3/31/2023	1,891	-430	720	720	N/A
12/31/2022	1,905	-409	799	799	N/A
9/30/2022	1,905	96	844	844	N/A
6/30/2022	1,858	126	720	720	N/A
3/31/2022	1,789	123	709	709	N/A
12/31/2021	1,705	101	762	762	N/A
9/30/2021	1,653	-119	711	711	N/A
6/30/2021	1,608	-104	629	629	N/A
3/31/2021	1,555	-350	597	597	N/A
12/31/2020	1,199	-349	424	424	N/A
9/30/2020	1,695	53	456	456	N/A
6/30/2020	1,797	323	637	637	N/A
3/31/2020	1,925	2,921	650	650	N/A
12/31/2019	2,004	3,098	663	663	N/A
9/30/2019	2,066	3,005	713	713	N/A
6/30/2019	2,124	2,872	854	854	N/A
3/31/2019	2,188	583	601	601	N/A
12/31/2018	2,173	384	803	803	N/A
9/30/2018	2,167	310	687	687	N/A
6/30/2018	2,103	138	N/A	785	N/A
3/31/2018	2,109	125	N/A	824	N/A
12/31/2017	2,096	175	N/A	860	N/A
9/30/2017	2,239	291	N/A	1,084	N/A
6/30/2017	2,258	313	N/A	992	N/A
3/31/2017	2,077	566	N/A	1,025	N/A
12/31/2016	2,178	419	N/A	995	N/A
9/30/2016	2,102	505	N/A	801	N/A
6/30/2016	2,231	629	N/A	806	N/A
3/31/2016	2,483	444	N/A	749	N/A
12/31/2015	1,967	456	N/A	672	N/A
9/30/2015	2,478	445	N/A	750	N/A
6/30/2015	2,400	329	N/A	872	N/A
3/31/2015	2,282	212	N/A	1,021	N/A
12/31/2014	2,317	198	N/A	1,135	N/A
9/30/2014	2,139	-64	N/A	1,080	N/A
6/30/2014	2,200	-54	N/A	1,044	N/A
3/31/2014	2,291	-26	N/A	935	N/A
12/31/2013	2,196	-176	N/A	1,041	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 0LR2 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.1%).

Earnings vs Market: 0LR2 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 0LR2 is expected to become profitable in the next 3 years.

Revenue vs Market: 0LR2's revenue (2.9% per year) is forecast to grow slower than the UK market (3.5% per year).

High Growth Revenue: 0LR2's revenue (2.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 0LR2's Return on Equity is forecast to be low in 3 years time (0.7%).

Vornado Realty Trust Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Recent updates

Third quarter 2024 earnings released: US$0.019 loss per share (vs US$0.28 profit in 3Q 2023)

New minor risk - Share price stability

New major risk - Revenue and earnings growth

Now 22% undervalued

Now 20% undervalued after recent price drop

New minor risk - Share price stability

New minor risk - Earnings quality

First quarter 2024 earnings released: US$0.047 loss per share (vs US$0.027 profit in 1Q 2023)

New major risk - Revenue and earnings growth

New major risk - Revenue and earnings growth

Now 20% undervalued

Full year 2023 earnings released: EPS: US$0.23 (vs US$2.13 loss in FY 2022)

New major risk - Revenue and earnings growth

Trustee recently sold US$18m worth of stock

Independent Trustee recently sold US$877k worth of stock

Independent Trustee recently sold US$1.8m worth of stock

Vornado Realty Trust Declares Dividend, Payable on December 27, 2023

New minor risk - Share price stability

Third quarter 2023 earnings released: EPS: US$0.28 (vs US$0.04 in 3Q 2022)

Vornado Realty Trust Names Jason Kirschner Executive Vice President - Head of Capital Markets

Vornado Realty Trust to Report Q3, 2024 Results on Nov 04, 2024

Second quarter 2023 earnings released: EPS: US$0.24 (vs US$0.26 in 2Q 2022)

An unknown buyer entered into an agreement to acquire Four Manhattan Retail Properties from Vornado Realty Trust (NYSE:VNO).

Now 21% undervalued

First quarter 2023 earnings released: FFO per share: US$0.6 (vs US$0.81 in 1Q 2022)

Insufficient new directors

Now 21% undervalued after recent price drop

Full year 2022 earnings released: US$2.13 loss per share (vs US$0.53 profit in FY 2021)

Investor sentiment improves as stock rises 20%

Now 21% undervalued

Vornado Realty Trust Declares Quarterly Dividend, Payable on February 10, 2023

Now 22% undervalued after recent price drop

Third quarter 2022 earnings released: FFO per share: US$0.8 (vs US$0.83 in 3Q 2021)

Vornado Realty Trust Declares Quarterly Dividend on Common Shares, Payable on November 18, 2022

Vornado Realty Trust to Report Q3, 2023 Results on Oct 30, 2023

Second quarter 2022 earnings released: EPS: US$0.26 (vs US$0.25 in 2Q 2021)

Vornado Realty Trust Declares Quarterly Dividend on Common Shares, Payable on August 19, 2022

Vornado Trust Appoints Lauren Brust Moss as the Company’S Senior Vice President – Chief Sustainability Officer

An unknown buyer completed the acquisition of Center Building from Vornado Realty Trust (NYSE:VNO).

First quarter 2022 earnings released: EPS: US$0.14 (vs US$0.021 in 1Q 2021)

Vornado Realty Trust Declares Quarterly Dividend on Common Shares, Payable on May 20, 2022

Independent Trustee recently sold US$5.0m worth of stock

Vornado Realty Trust, Annual General Meeting, May 19, 2022

Vornado Realty Trust Announces Board Changes

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Insufficient new directors

K Property Group, LLC and Lasalle Global Partner Solutions Limited completed the acquisition of Retail property in 478-482 Broadway, Manhattan from Vornado Realty Trust (NYSE:VNO).

Third quarter 2021 earnings released: EPS US$0.33 (vs US$0.28 in 3Q 2020)

An unknown buyer entered into an agreement to acquire Retail property located at 677,679, 759 ,771 and 828,850 Madison Avenue in Manhattan from Vornado Realty Trust (NYSE:VNO).

Second quarter 2021 earnings released: EPS US$0.25 (vs US$1.04 loss in 2Q 2020)

First quarter 2021 earnings released: FFO US$0.62 per share (vs US$0.68 in 1Q 2020)

Vornado Declares Quarterly Dividend on Common Shares, Payable on May 21, 2021

New 90-day high: US$45.12

Vornado Realty Trust(NYSE:VNO.PRL) dropped from S&P U.S. Preferred Stock Index

AvalonBay Communities Names Benjamin Schall as President and Updates on CEO Succession Plan

Vornado Realty Trust Announces Overhead Reduction Program

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies