Streetbeat News

VNO

Vornado Realty Trust

https://www.vno.com

Industry

REIT - Office

Vornado's portfolio is concentrated in the nation's key market New York City along with the premier asset in both Chicago and San Francisco. Vornado is also the real estate industry leader in sustainability policy. The company owns and manages over 23 million square feet of LEED certified buildings and received the Energy Star Partner of the Year Award, Sustained Excellence 2019. In 2012, Vornado commemorated 50 years on the NYSE.

Open

41.88

Mkt cap

7.6B

Volume

1.7M

High

42.39

P/E Ratio

1001.50

52-wk high

46.63

Low

39.75

Div yield

0.02

52-wk low

22.42

Vornado Realty Trust's common shares have seen a boost due to the return-to-office trend, but concerns over valuation and lower dividend yield make them less attractive. The O Series shares offer a higher yield and less risk, presenting a better option for investors.

Portfolio Pulse from

February 27, 2025 | 5:00 pm

Vornado Realty Trust (VNO) has shown resilience in the struggling office market with strong Q4 2024 earnings and significant leasing activity in NYC. Despite high vacancy rates, VNO's shares have appreciated over 70% in the past year, aided by strategic share repurchases and operational efficiencies.

Portfolio Pulse from

February 17, 2025 | 5:00 pm

Vornado Realty Trust's shares have surged over 60% following a strong fiscal 2024 Q4 earnings beat. Despite a slight FFO dip, the Series O preferreds offer a 7.5% yield on cost, trading at a discount due to high risk-free rates and office property risks. Manhattan's office leasing market is strong, with VNO's occupancy expected to exceed 90% by 2025.

Portfolio Pulse from

February 14, 2025 | 6:30 pm

Vornado Realty Trust held its Q4 2024 earnings call, discussing financial performance and future outlook. Key executives and analysts participated, providing insights into the company's operations and market position.

Portfolio Pulse from

February 11, 2025 | 10:45 pm

Vornado Realty Trust (VNO) reported Q4 results with revenues and FFO exceeding estimates due to strong leasing activity. However, the same-store Net Operating Income (NOI) declined across its portfolio.

Portfolio Pulse from

February 11, 2025 | 6:45 pm

Vornado (VNO) released its Q4 earnings, providing insights into its revenue and EPS performance for the quarter ending December 2024. The report also compares these metrics with Wall Street estimates and the previous year's figures.

Portfolio Pulse from

February 11, 2025 | 1:45 am

Vornado (VNO) reported Q4 funds from operations (FFO) of $0.61 per share, surpassing the Zacks Consensus Estimate of $0.51 per share. This is a slight decrease from the $0.63 per share reported a year ago.

Portfolio Pulse from

February 11, 2025 | 12:00 am

Vornado Realty Trust (NYSE: VNO) reported a net income of $1.2 million for Q4 2024, a significant improvement from a net loss of $61 million in the same quarter last year. However, Funds From Operations (FFO) decreased slightly to $117.1 million from $121.1 million year-over-year.

Portfolio Pulse from

February 10, 2025 | 9:45 pm

Vornado Realty Trust has declared quarterly dividends on its preferred shares, as announced by its Board of Trustees.

Portfolio Pulse from

February 06, 2025 | 8:45 pm

The article discusses Wall Street's projections for Vornado's (VNO) Q4 earnings, focusing on key metrics to assess the company's potential performance for the quarter ending December 2024.

Portfolio Pulse from

February 05, 2025 | 3:30 pm

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