Vornado Realty Trust (NYSE:VNO) Given Consensus Rating of “Hold” by Brokerages

Vornado Realty Trust (NYSE:VNO) has earned an average rating of “Hold” from the thirteen research firms that are currently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $39.8182.

Several equities analysts have recently issued reports on the stock. Morgan Stanley downgraded shares of Vornado Realty Trust from an “equal weight” rating to an “underweight” rating and set a $32.00 price target for the company. in a report on Wednesday, July 22nd. JPMorgan Chase & Co. lifted their price objective on shares of Vornado Realty Trust from $33.00 to $37.00 and gave the company a “neutral” rating in a research report on Thursday, May 28th. Piper Sandler lifted their price objective on shares of Vornado Realty Trust from $42.00 to $44.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Scotiabank boosted their target price on shares of Vornado Realty Trust from $38.00 to $40.00 and gave the company a “sector perform” rating in a research note on Tuesday, July 21st. Finally, BMO Capital Markets upped their target price on shares of Vornado Realty Trust from $33.00 to $43.00 and gave the stock an “outperform” rating in a research report on Monday, June 15th.

Vornado Realty Trust Trading Down 2.0%

Shares of NYSE VNO opened at $36.65 on Wednesday. Vornado Realty Trust has a 12-month low of $24.57 and a 12-month high of $43.37. The company has a market cap of $6.84 billion, a price-to-earnings ratio of 1,833.42, a price-to-earnings-growth ratio of 1.73 and a beta of 1.53. The company has a current ratio of 5.24, a quick ratio of 5.24 and a debt-to-equity ratio of 1.56. The stock’s 50 day simple moving average is $39.18 and its 200 day simple moving average is $33.32.

Vornado Realty Trust (NYSE:VNO) last issued its quarterly earnings data on Monday, August 3rd. The real estate investment trust reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.49). Vornado Realty Trust had a return on equity of 1.37% and a net margin of 3.71%.The company had revenue of $462.24 million for the quarter, compared to the consensus estimate of $454.46 million. During the same quarter in the previous year, the company earned $0.56 earnings per share. Vornado Realty Trust’s quarterly revenue was up 4.7% compared to the same quarter last year. Equities research analysts expect that Vornado Realty Trust will post 2.35 EPS for the current year.

Insider Activity at Vornado Realty Trust

In other Vornado Realty Trust news, Director Russell B. Wight, Jr. acquired 4,000 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was acquired at an average cost of $16.94 per share, with a total value of $67,760.00. Following the acquisition, the director directly owned 13,000 shares of the company’s stock, valued at $220,220. This represents a 44.44% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael D. Fascitelli sold 133,350 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $36.62, for a total value of $4,883,277.00. Following the completion of the sale, the director owned 475,161 shares in the company, valued at approximately $17,400,395.82. This represents a 21.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 9.00% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Danske Bank A S bought a new stake in shares of Vornado Realty Trust during the third quarter valued at about $28,000. Advisory Services Network LLC acquired a new position in Vornado Realty Trust during the 3rd quarter valued at about $33,000. Farmers & Merchants Investments Inc. increased its stake in Vornado Realty Trust by 512.9% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 858 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 718 shares during the period. Employees Retirement System of Texas acquired a new position in Vornado Realty Trust during the 4th quarter valued at about $36,000. Finally, BOKF NA raised its position in shares of Vornado Realty Trust by 1,257.1% during the 3rd quarter. BOKF NA now owns 1,140 shares of the real estate investment trust’s stock worth $46,000 after buying an additional 1,056 shares in the last quarter. 90.02% of the stock is owned by institutional investors and hedge funds.

About Vornado Realty Trust

Vornado Realty Trust is a self‐administered real estate investment trust focused on the ownership, management and redevelopment of office and retail properties. As a fully integrated REIT, the company oversees leasing, property management, building operations and strategic capital improvements designed to enhance asset value and tenant experience. Vornado’s business model emphasizes long‐term cash flow generation through stable rental income and disciplined portfolio optimization.

The company’s core portfolio is concentrated in New York City, where it holds a diverse mix of office towers and street‐level retail assets in prominent submarkets such as Midtown and the Penn Plaza corridor.