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Vornado Realty Trust NYSE:VNO Stock Report

Last Price

US$26.08

Market Cap

US$5.4b

7D

-2.5%

1Y

18.0%

Updated

19 Feb, 2024

Data

Company Financials +

VNO Stock Overview

Vornado is a fully integrated real estate investment trust (“REIT”) with a portfolio of premier New York City office and retail assets and the developer of the new PENN DISTRICT.

VNO fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends3/6

Vornado Realty Trust Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Vornado Realty Trust
Historical stock prices
Current Share PriceUS$26.08
52 Week HighUS$32.21
52 Week LowUS$12.31
Beta1.56
1 Month Change-4.64%
3 Month Change20.46%
1 Year Change17.96%
3 Year Change-35.89%
5 Year Change-61.79%
Change since IPO1,234.13%

Recent News & Updates

Vornado Realty: I Backed Up The Truck Ahead Of Earnings

Jan 21

Vornado: Valuation Normalized (Downgrade To Hold)

Jan 13

Recent updates

Vornado Realty: I Backed Up The Truck Ahead Of Earnings

Jan 21

Vornado: Valuation Normalized (Downgrade To Hold)

Jan 13

Vornado: Q3 Results Point To A Steady Decline, Leaving Shares Unappealing

Oct 31

New York Office Risks Remain, But Vornado Is Appropriately Discounted

Oct 11

Vornado Realty's 8.7% Yielding Preferreds For 60 Cents On The Dollar

Sep 01

Vornado: Exceptional Results Vs. The Exceptional Debt Load

Aug 01

Vornado Realty Has Steam Heading Into Earnings After The SL Green News

Jul 10

Vornado: Landmark Transaction May Re-Rate Office REITs Higher

Jun 27

Vornado Realty Is Besieged On All Sides

May 30

Vornado Realty Trust Q4 Earnings Preview

Feb 12

Vornado Realty Trust expects $600M non-cash impairment charges in Q4

Jan 31

Vornado Realty: Avoid The Dividend Cut With The 8.6% Preferreds

Dec 28

Vornado: Expect A Dividend Cut

Dec 12

Vornado: Upside Could Offset Any Correction In The Dividend Payout

Nov 04

Vornado Realty Trust's Balance Sheet Adds To Office Woes

Oct 25

You Say Vornado, I Say Vornado

Aug 31

Vornado Realty Trust: Deal-Making Opportunities Are Brewing

Aug 03

Vornado Realty Trust declares $0.53 dividend

Jul 28

Vornado Realty Trust completes sale of a New York office building for $172.8M

Jul 05

Vornado Realty Trust: Over 6% Dividend Yield On Premier NYC Properties

May 24

Vornado Realty Trust: The 5.7-5.8% Yielding Preferred Shares Are Attractive

Mar 28

Vornado Realty: Yes, You Can Buy High Quality At A Discount

Dec 29

Increases to Vornado Realty Trust's (NYSE:VNO) CEO Compensation Might Cool off for now

May 14
Increases to Vornado Realty Trust's (NYSE:VNO) CEO Compensation Might Cool off for now

Vornado Realty Trust Q1 Earnings Preview

Apr 30

Vornado Realty Trust declares $0.53 dividend

Apr 28

Who Has Been Buying Vornado Realty Trust (NYSE:VNO) Shares?

Mar 02
Who Has Been Buying Vornado Realty Trust (NYSE:VNO) Shares?

Vornado Realty Q4 FFO will include gain from condo sales

Jan 29

Vornado CFO steps down as company starts $35M cost-cutting program

Dec 01

Vornado Realty cut to Sell by CFRA as COVID still looms over Manhattan

Nov 24

Vornado suspends effort to sell buildings it co-owns with the Trumps - WSJ

Nov 20

Shareholder Returns

VNOUS Office REITsUS Market
7D-2.5%0.2%-0.2%
1Y18.0%-15.4%20.5%

Return vs Industry: VNO exceeded the US Office REITs industry which returned -15.4% over the past year.

Return vs Market: VNO underperformed the US Market which returned 20.5% over the past year.

Price Volatility

Is VNO's price volatile compared to industry and market?
VNO volatility
VNO Average Weekly Movement8.1%
Office REITs Industry Average Movement6.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: VNO has not had significant price volatility in the past 3 months.

Volatility Over Time: VNO's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19462,935Steve Rothhttps://www.vno.com

Vornado is a fully integrated real estate investment trust (“REIT”) with a portfolio of premier New York City office and retail assets and the developer of the new PENN DISTRICT. While concentrated in New York, Vornado also owns the premier assets in both Chicago and San Francisco. Vornado is a real estate industry leader in sustainability, with over 27 million square feet of LEED-certified buildings and over 23 million square feet at LEED Gold or Platinum.

Vornado Realty Trust Fundamentals Summary

How do Vornado Realty Trust's earnings and revenue compare to its market cap?
VNO fundamental statistics
Market capUS$5.41b
Earnings (TTM)US$43.38m
Revenue (TTM)US$1.88b

114.5x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VNO income statement (TTM)
RevenueUS$1.88b
Cost of RevenueUS$905.16m
Gross ProfitUS$978.76m
Other ExpensesUS$935.38m
EarningsUS$43.38m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 06, 2024

Earnings per share (EPS)0.23
Gross Margin51.95%
Net Profit Margin2.30%
Debt/Equity Ratio131.0%

How did VNO perform over the long term?

See historical performance and comparison

Dividends

4.6%

Current Dividend Yield

38%

Payout Ratio
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