VNO - Vornado Realty Trust Stock Price, Fair Value and News

23.78USD-0.43 (-1.78%)Delayed as of 08 May 2024, 01:07 pm ET

Market Summary

USD23.78-0.43

Delayedas of 08 May 2024, 01:07 pm

-1.78%

VNO Alerts

Big fall in earnings (Y/Y)

Losses in recent quarter

VNO Stock Price

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VNO RSI Chart

VNO Valuation

Market Cap

4.6B

Price/Earnings (Trailing)

60.87

Price/Sales (Trailing)

2.56

EV/EBITDA

4.08

Price/Free Cashflow

7.85

VNO Price/Sales (Trailing)

VNO Profitability

EBT Margin

2.59%

Return on Equity

1.32%

Return on Assets

0.47%

Free Cashflow Yield

12.75%

VNO Fundamentals

VNO Revenue

Revenue (TTM)

1.8B

Rev. Growth (Yr)

-2.14%

Rev. Growth (Qtr)

-1.25%

VNO Earnings

Earnings (TTM)

75.8M

Earnings Growth (Yr)

-143.65%

Earnings Growth (Qtr)

80.14%

Breaking Down VNO Revenue

52 Week Range

12.3126.21

(Low)(High)

Last 7 days

-7.0%

Last 30 days

-11.5%

Last 90 days

-4.6%

Trailing 12 Months

75.6%

How does VNO drawdown profile look like?

VNO Financial Health

VNO Investor Care

Dividend Yield

2.79%

Dividend/Share (TTM)

0.68

Buy Backs (1Y)

0.73%

Diluted EPS (TTM)

0.16

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	1.8B	0	0	0
2023	1.8B	1.8B	1.8B	1.8B
2022	1.7B	1.7B	1.8B	1.8B
2021	1.5B	1.5B	1.5B	1.6B
2020	3.6B	1.3B	1.3B	1.5B
2019	1.4B	3.9B	4.0B	3.7B
2018	2.1B	1.7B	1.4B	1.4B
2017	2.0B	2.0B	2.1B	2.1B
2016	2.4B	2.3B	2.1B	2.0B
2015	2.4B	2.4B	2.4B	2.5B
2014	2.3B	2.3B	2.3B	2.3B
2013	2.6B	2.5B	2.4B	2.3B
2012	2.7B	2.7B	2.7B	2.7B
2011	2.7B	2.7B	2.7B	2.7B
2010	2.7B	2.7B	2.7B	2.7B
2009	2.7B	2.6B	2.6B	2.7B
2008	0	2.5B	2.6B	2.6B
2007	0	0	0	2.4B

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Tracking the Latest Insider Buys and Sells of Vornado Realty Trust

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Dec 22, 2023	fascitelli michael d	sold	-9,956,980	29.5411	-337,055	-
Dec 21, 2023	fascitelli michael d	sold	-7,766,480	29.5365	-262,945	-
Dec 14, 2023	wight russell b jr	sold	-216,686	30.9552	-7,000	-
Dec 13, 2023	wight russell b jr	sold	-660,503	28.7175	-23,000	-
Dec 08, 2023	wight russell b jr	sold	-139,768	27.9535	-5,000	-
Dec 07, 2023	wight russell b jr	sold	-1,236,730	27.7325	-44,595	-
Dec 06, 2023	wight russell b jr	sold	-560,754	28.0377	-20,000	-
May 26, 2023	wight russell b jr	bought	22,400	11.2	2,000	-
May 25, 2023	wight russell b jr	bought	22,800	11.4	2,000	-
May 25, 2023	wight russell b jr	bought	37,552	11.2398	3,341	-

Which funds bought or sold VNO recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	Addison Advisors LLC	sold off	-100	-1,865	-	-%
May 06, 2024	Advisors Capital Management, LLC	reduced	-2.06	-41,000	16,050,000	0.29%
May 06, 2024	ORG Partners LLC	new	-	529	529	-%
May 06, 2024	Hilltop National Bank	new	-	159,443	159,443	0.05%
May 06, 2024	DUALITY ADVISERS, LP	new	-	232,951	232,951	0.02%
May 06, 2024	TEACHER RETIREMENT SYSTEM OF TEXAS	reduced	-68.32	-642,000	305,000	-%
May 06, 2024	SG Americas Securities, LLC	sold off	-100	-748,000	-	-%
May 06, 2024	TEXAS PERMANENT SCHOOL FUND CORP	added	1.49	130,669	4,025,410	0.03%
May 06, 2024	Metis Global Partners, LLC	added	1.53	9,484	288,764	0.01%
May 06, 2024	Envestnet Portfolio Solutions, Inc.	added	3.76	16,434	306,688	-%

Are Funds Buying or Selling VNO?

Are funds buying VNO calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own VNO

No. of Funds

Unveiling Vornado Realty Trust's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	putnam investments llc	5.2%	9,978,649	SC 13G/A
Feb 13, 2024	vanguard group inc	12.76%	24,310,906	SC 13G/A
Feb 01, 2024	invesco ltd.	0.3%	562,745	SC 13G/A
Jan 29, 2024	state street corp	5.08%	9,674,941	SC 13G/A
Jan 29, 2024	norges bank	9.10%	17,342,373	SC 13G/A
Jan 24, 2024	blackrock inc.	11.1%	21,094,021	SC 13G/A
Aug 22, 2023	interstate properties	1.8%	3,519,032	SC 13D/A
Feb 14, 2023	putnam investments llc	5.1%	9,759,379	SC 13G
Feb 10, 2023	invesco ltd.	5.6%	10,685,963	SC 13G
Feb 09, 2023	blackrock inc.	10.6%	20,411,962	SC 13G/A

Recent SEC filings of Vornado Realty Trust

View All Filings

Date Filed	Form Type	Document
May 06, 2024	10-Q	Quarterly Report
May 06, 2024	8-K	Current Report
Apr 10, 2024	8-K	Current Report
Apr 09, 2024	8-K	Current Report
Apr 09, 2024	ARS	ARS
Apr 09, 2024	DEF 14A	DEF 14A
Apr 09, 2024	DEFA14A	DEFA14A
Apr 01, 2024	S-3ASR	S-3ASR
Feb 14, 2024	SC 13G/A	Major Ownership Report
Feb 13, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to Vornado Realty Trust)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	84.7B	11.2B	-4.62%	-6.12%	42.91	7.56	3.63%	50.79%
CCI	41.8B	6.8B	-4.58%	-17.37%	29.96	6.1	-2.39%	-16.60%
AVB	27.9B	2.8B	8.20%	8.63%	29.16	9.93	5.72%	-6.47%
ARE	20.9B	3.0B	-3.93%	-2.18%	106.61	7.09	10.44%	-73.79%
AMH	13.4B	-	1.39%	3.90%	31.65	8.24	8.93%	11.87%
REG	11.0B	1.4B	1.05%	-0.44%	29.39	8.02	10.48%	-2.93%
BXP	9.6B	3.3B	-0.78%	19.54%	50.23	2.92	5.31%	-77.32%
MID-CAP
FRT	8.5B	1.2B	3.38%	9.20%	35.86	7.43	5.48%	-38.69%
SLG	3.3B	892.3M	-0.89%	140.04%	-6.5	3.73	-5.33%	-307.54%
MAC	3.3B	884.1M	-5.40%	54.41%	-12	3.72	2.90%	-314.82%
SMALL-CAP
AAT	1.3B	444.1M	6.11%	16.74%	19.54	3.02	3.54%	8.91%
AIV	1.2B	198.2M	5.61%	1.35%	-7.62	5.71	-43.33%	-270.70%
MFA	1.1B	650.2M	-3.45%	1.92%	35.5	1.67	27.93%	140.31%
NYMT	562.0M	285.4M	-13.60%	-37.59%	-4.08	1.97	11.05%	83.70%
IVR	442.4M	277.9M	3.16%	-10.49%	-27.9	1.59	44.33%	96.06%

Vornado Realty Trust News

Latest updates

Vornado Realty Trust Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-1.2%	436	442	451	472	446	447	457	453	442	421	409	379	380	376	364	343	445	161	364	2,597	535
Operating Expenses	-12.1%	378	430	382	372	381	406	386	368	374	369	350	315	335	607	340	239	364	364	359	476	427
S&GA Expenses	-100.0%	-	46.00	36.00	39.00	42.00	31.00	29.00	32.00	41.00	34.00	26.00	31.00	44.00	61.00	32.00	35.00	53.00	40.00	33.00	39.00	58.00
EBITDA Margin	-2.8%	0.47*	0.48*	0.27*	0.21*	0.21*	0.22*	0.52*	0.51*	0.51*	0.50*	0.34*	0.39*	0.21*	0.12*	0.44*	0.66*	1.05*	1.13*	1.02*	1.03*	1.05*
Interest Expenses	-7.2%	70.00	75.00	142	79.00	85.00	82.00	63.00	60.00	47.00	51.00	45.00	43.00	50.00	45.00	58.00	53.00	54.00	56.00	62.00	79.00	86.00
Income Taxes	-19.5%	7.00	8.00	12.00	4.00	5.00	7.00	4.00	4.00	7.00	10.00	-25.38	3.00	2.00	-1.80	24.00	2.00	13.00	23.00	24.00	27.00	30.00
Earnings Before Taxes	100.5%	0.00	-92.24	71.00	67.00	16.00	-518	24.00	72.00	61.00	42.00	46.00	80.00	29.00	-210	93.00	-215	-91.69	184	388	2,624	243
EBT Margin	-24.4%	0.03*	0.03*	-0.20*	-0.23*	-0.23*	-0.20*	0.11*	0.13*	0.14*	0.12*	-0.04*	-0.01*	-0.21*	-0.28*	-0.02*	0.20*	0.87*	0.94*	0.84*	0.83*	0.50*
Net Income	80.1%	-9.03	-45.48	68.00	62.00	21.00	-477	23.00	66.00	42.00	27.00	64.00	65.00	21.00	-194	66.00	-185	17.00	193	335	2,413	194
Net Income Margin	-27.8%	0.04*	0.06*	-0.18*	-0.20*	-0.20*	-0.19*	0.09*	0.12*	0.12*	0.11*	-0.03*	-0.03*	-0.20*	-0.19*	0.07*	0.28*	0.83*	0.86*	0.75*	0.74*	0.43*
Free Cashflow	-85.1%	31.00	211	62.00	283	92.00	239	129	260	171	284	5.00	249	224	233	-76.35	216	51.00	265	105	229	64.00

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.1%	16,207	16,188	16,453	16,438	16,272	16,493	17,176	17,152	17,492	17,267	17,489	16,657	16,145	16,222	17,563	18,042	18,210	18,287	18,216	17,914	17,638
Cash Equivalents	15.2%	1,149	997	1,000	1,134	891	890	845	988	974	1,760	2,129	2,172	1,636	1,624	1,411	1,768	1,587	1,515	1,132	923	307
Liabilities	-0.1%	9,830	9,844	9,909	9,963	9,909	9,980	10,001	9,996	10,307	10,063	10,218	9,339	8,657	8,667	9,983	10,395	10,293	10,087	9,652	9,556	11,680
Shareholder's Equity	4.1%	5,734	5,509	5,811	5,995	5,933	5,840	6,691	6,651	6,438	6,515	6,580	6,568	6,753	6,948	6,886	6,929	7,293	7,311	7,710	7,496	5,091
Retained Earnings	-0.2%	-4,018	-4,009	-3,891	-3,938	-3,961	-3,894	-3,299	-3,205	-3,154	-3,079	-2,989	-2,925	-2,871	-2,774	-2,463	-2,415	-2,091	-1,954	-1,649	-1,845	-4,120
Additional Paid-In Capital	0.0%	8,262	8,263	8,342	8,331	8,367	8,369	8,362	8,339	8,098	8,143	8,138	8,069	8,080	8,193	8,124	8,096	8,113	7,828	7,873	7,846	7,677
Shares Outstanding	0.0%	190	190	190	191	192	192	192	192	192	192	192	192	191	191	191	191	191	191	191	191	191
Minority Interest	-0.6%	195	196	258	260	241	237	253	254	253	279	286	286	415	415	417	432	456	579	635	636	647
Float	-	-	-	-	3,197	-	-	-	5,074	-	-	-	8,260	-	-	-	6,727	-	-	-	11,265	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-85.1%	31,485	211,277	62,134	282,869	91,872	239,117	129,202	259,611	171,014	283,703	5,394	248,524	224,185	232,880	-76,355	216,267	51,448	264,568	105,119	228,734	64,118
Share Based Compensation	-24.5%	7,519	9,954	9,665	11,868	11,714	6,362	3,886	5,846	13,155	5,440	5,510	6,154	21,225	9,039	6,170	7,703	25,765	5,863	5,871	10,520	31,654
Cashflow From Investing	33.9%	-128,625	-194,588	-86,573	26,719	125,654	-57,126	-133,876	78,773	-794,635	-139,713	-209,180	-126,915	-56,539	-211,215	247,472	-24,718	-99,339	234,728	115,037	1,710,217	403,294
Cashflow From Financing	11.7%	-15,524	-17,585	-25,214	-31,294	-204,844	-137,882	-134,596	-363,321	-165,475	-481,836	154,646	440,118	-142,405	218,366	-544,120	4,484	108,068	-137,721	-51,510	-1,771,675	-274,683
Dividend Payments	-100.0%	-	57,116	-	-	71,950	101,666	101,656	101,624	101,616	101,593	101,527	101,522	101,467	101,381	101,311	126,141	498,486	126,035	125,947	125,927	125,876
Buy Backs	-	-	-	5,933	23,250	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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VNO Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
REVENUES:
Total revenues	$ 436,375	$ 445,923
EXPENSES:
Operating	(226,224)	(228,773)
Depreciation and amortization	(108,659)	(106,565)
General and administrative	(37,897)	(41,595)
Expense from deferred compensation plan liability	(4,520)	(3,728)
Transaction related costs and other	(653)	(658)
Total expenses	(377,953)	(381,319)
Income from partially owned entities	16,279	16,666
Interest and other investment income, net	11,724	9,584
Income from deferred compensation plan assets	4,520	3,728
Interest and debt expense	(90,478)	(86,237)
Net gains on disposition of wholly owned and partially owned assets	0	7,520
Income before income taxes	467	15,865
Income tax expense	(6,740)	(4,667)
Net (loss) income	(6,273)	11,198
Less net loss (income) attributable to noncontrolling interests in:
Consolidated subsidiaries	11,982	9,928
Operating Partnership	786	(429)
Net income	6,495	20,697
Preferred dividends	(15,529)	(15,529)
NET (LOSS) INCOME	$ (9,034)	$ 5,168
(LOSS) INCOME PER COMMON SHARE - BASIC:
Net (loss) income per common share (in dollars per share)	$ (0.05)	$ 0.03
Weighted average shares outstanding, basic (in shares)	190,429	191,869
(LOSS) INCOME PER COMMON SHARE - DILUTED:
Net (loss) income per common share (in dollars per share)	$ (0.05)	$ 0.03
Weighted average shares outstanding, diluted (in shares)	190,429	191,881
Rental revenues
REVENUES:
Total revenues	$ 389,278	$ 396,793
Fee and other income
REVENUES:
Total revenues	$ 47,097	$ 49,130

VNO Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Real estate, at cost:
Land	$ 2,436,221	$ 2,436,221
Buildings and improvements	10,017,573	9,952,954
Development costs and construction in progress	1,322,810	1,281,076
Leasehold improvements and equipment	131,762	130,953
Total	13,908,366	13,801,204
Less accumulated depreciation and amortization	(3,837,679)	(3,752,827)
Real estate, net	10,070,687	10,048,377
Right-of-use assets	678,951	680,044
Cash and cash equivalents	892,652	997,002
Restricted cash	256,268	264,582
Tenant and other receivables	76,627	69,543
Investments in partially owned entities	2,599,134	2,610,558
220 Central Park South condominium units ready for sale	36,578	35,941
Receivable arising from the straight-lining of rents	706,280	701,666
Deferred leasing costs, net of accumulated amortization of $257,027 and $249,347	355,790	355,010
Identified intangible assets, net of accumulated amortization of $101,641 and $98,589	124,887	127,082
Other assets	409,311	297,860
Assets	16,207,165	16,187,665
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY
Mortgages payable, net	5,690,639	5,688,020
Senior unsecured notes, net	1,194,383	1,193,873
Unsecured term loan, net	794,906	794,559
Unsecured revolving credit facilities	575,000	575,000
Lease liabilities	737,500	732,859
Accounts payable and accrued expenses	388,988	411,044
Deferred revenue	30,877	32,199
Deferred compensation plan	108,919	105,245
Other liabilities	308,643	311,132
Total liabilities	9,829,855	9,843,931
Commitments and contingencies
Redeemable noncontrolling interests:
Total redeemable noncontrolling interests	643,142	638,448
Shareholders' equity:
Preferred shares of beneficial interest: no par value per share; authorized 110,000,000 shares; issued and outstanding 48,792,902 shares	1,182,459	1,182,459
Common shares of beneficial interest: $0.04 par value per share; authorized 250,000,000 shares; issued and outstanding 190,483,416 and 190,390,703 shares	7,598	7,594
Additional capital	8,261,568	8,263,291
Earnings less than distributions	(4,018,454)	(4,009,395)
Accumulated other comprehensive income	105,916	65,115
Total shareholders' / partners' equity	5,539,087	5,509,064
Noncontrolling interests in consolidated subsidiaries	195,081	196,222
Total equity	5,734,168	5,705,286
Total liabilities, redeemable noncontrolling interests / partnership units and equity	16,207,165	16,187,665
Partnership Interest
Redeemable noncontrolling interests:
Class A units - 17,116,176 and 17,000,030 units outstanding	492,432	480,251
Series D cumulative redeemable preferred units - 141,400 units outstanding	3,535	3,535
Total redeemable noncontrolling interests	495,967	483,786
Redeemable noncontrolling interest in a consolidated subsidiary
Redeemable noncontrolling interests:
Total redeemable noncontrolling interests	$ 147,175	$ 154,662

About Vornado Realty Trust

Vornado is a fully integrated real estate investment trust (Ã‚â€œREITÃ‚â€) 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.

CEO	Mr. Steven Roth
WEBSITE	vno.com
INDUSTRY	REIT Mortgage
EMPLOYEES	3146

Vornado Realty Trust Frequently Asked Questions

What is the ticker symbol for Vornado Realty Trust? What does VNO stand for in stocks?

VNO is the stock ticker symbol of Vornado Realty Trust. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Vornado Realty Trust (VNO)?

As of Tue May 07 2024, market cap of Vornado Realty Trust is 4.61 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of VNO stock?

You can check VNO's fair value in chart for subscribers.

What is the fair value of VNO stock?

You can check VNO's fair value in chart for subscribers. The fair value of Vornado Realty Trust is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Vornado Realty Trust is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for VNO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Vornado Realty Trust a good stock to buy?

The fair value guage provides a quick view whether VNO is over valued or under valued. Whether Vornado Realty Trust is cheap or expensive depends on the assumptions which impact Vornado Realty Trust's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for VNO.

What is Vornado Realty Trust's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, VNO's PE ratio (Price to Earnings) is 60.87 and Price to Sales (PS) ratio is 2.56. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. VNO PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Vornado Realty Trust's stock?

In the past 10 years, Vornado Realty Trust has provided -0.076 (multiply by 100 for percentage) rate of return.