Vornado Realty Trust

Vornado Realty Trust is a real estate investment trust. The company owns office, retail, merchandise mart properties and other real estate and related investments. Its office properties include various building office complexes and the Bank of America Center in San Francisco. The company's retail properties include shopping centers and regional malls single tenant retail assets. Its other real estate and related investments include marketable securities and mezzanine loans or real estate. The company was founded by Steven Roth in 1980 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Vornado Realty Trust reports mixed Q4 results, eyes NYC growth

Vornado Realty Trust navigated challenges from higher interest rates in Q4 2022, maintaining strong liquidity and strategic financial positioning.
The company's focus on New York City and successful lease negotiations showcase its resilience and ability to capitalize on market opportunities.
While facing uncertainties in 2023, Vornado remains proactive in managing its portfolio and exploring growth avenues in the retail and office sectors.
Investors should monitor Vornado's lease negotiations, financial adjustments, and potential growth in Manhattan's retail market for future performance indicators.

Vornado Realty Trust reports strategic share buyback amid leasing strength

Vornado Realty Trust's Q1 2023 performance showcased a decline in comparable FFO but strong leasing activity and a strategic share buyback program.
The company's strengths lie in leasing to financial services and law firms, creating premium tenant experiences, and maintaining a robust operational foundation.
Challenges include navigating asset sales in current market conditions and adapting to evolving office space preferences post-pandemic.
Opportunities exist in attracting major tenants, capitalizing on the return to office trend, optimizing asset sales, and adapting properties to collaborative workspaces.

Vornado Realty Trust reports mixed Q2 results, eyes portfolio resilience

Vornado Realty Trust faced challenges from higher interest rates and nonrecurring items impacting FFO, but maintained strong leasing activity in New York.
The company focused on financial stability through cash conservation, balance sheet protection, and asset sales to reduce debt.
Analysts raised concerns about pandemic effects on office space demand, while management highlighted the strength of their key portfolios.
Despite financing market constraints, Vornado's strong liquidity position and proactive measures position them well for future opportunities.

Vornado Realty Trust shows resilience amidst market challenges in Q3

Vornado Realty Trust navigates market challenges with resilience, leveraging strong leasing activity and progress on key developments. Despite a decrease in FFO, the company's strategic focus on balance sheet strength and liquidity positions it well for future opportunities and growth.

Vornado Realty Trust reports resilient Q4 performance amidst market challenges

Vornado Realty Trust navigated Q4 2023 well, with a strong focus on New York City office leasing and retail rebounding in prime locations.
While 2024 is expected to be a challenging year due to higher interest rates and turnover, the company sees opportunities for growth through decreased rates, increased occupancy, and upcoming developments.
Maintaining a strong balance sheet, focusing on New York-centric operations, and strategic refinancing efforts position Vornado for future success despite current challenges.

Vornado Realty Trust reports lower FFO but strong leasing performance

Vornado Realty Trust (VNO) navigated challenges of lower FFO with strong leasing performance and strategic financial management in Q3 2024.
The company's focus on the Manhattan office market's strengths, disciplined cash management, and growth opportunities signal resilience and strategic positioning.
Despite financial headwinds, VNO's positive leasing trends, liquidity position, and openness to acquisitions underscore a proactive approach to market dynamics.
VNO's emphasis on strategic leasing, capitalizing on market conditions, and maintaining liquidity highlight a balanced approach to navigating challenges and seizing growth opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Vornado Realty Trust is a real estate investment trust, which engages in the ownership of office, retail, merchandise mart properties, and other real estate and related investments. It operates through the New York and Other segments. The company was founded by Steven Roth on March 29, 1993 and is headquartered in New York, NY.

Vornado Realty: Top Real Estate At Bottom Prices

NEW YORK, April 10, 2023 (GLOBE NEWSWIRE) -- VORNADO REALTY TRUST (NYSE: VNO) announced today that it released its 2022 Environmental, Social, & Governance (“ESG”) report.

Vornado Releases 2022 Environmental, Social, & Governance Report

Medical Properties Trust

SL Green Realty

Starwood Property

The Dividend Harvesting Portfolio is now generating $887.60 in annual dividends, yielding 8.21%. The Dividend Harvesting portfolio has a 68.81% record of finishing the week in the black since its inception, 75/109 weeks.

Dividend Harvesting Portfolio Week 109: $10,900 Allocated, $887.60 In Projected Dividends

Alexandria Real Estate Equities

Boston Properties

Easterly Government Properties

Douglas Emmett

EPR Properties

Global Medical REIT

Gladstone Commercial

REIT dividend yields are high today. This suggests that their dividends may be at risk.

Will Your REITs Cut Their Dividend

Devon Energy

Annaly Capital

Petroleo Brasileiro

Not all dividends are safe, and these high yields are in real trouble.

4 Dividend Stocks to Sell Now

In trading on Friday, shares of Vornado Realty Trust were yielding above the 10% mark based on its quarterly dividend (annualized to $1.5), with the stock changing hands as low as $14.72 on the day.

Vornado Realty Trust Dividend Yield Pushes Above 10%

Empire State Realty Trust

Real estate hasn't performed well in the recent market downturn, but these three have been particularly poor performers.

Why Are These 3 REITs Getting Crushed Lately?

Some REIT preferred shares now yield over 10%. Not only that, but they also offer 50-100% upside potential to par.

10% Yielding REITs That I Am Buying

Alexander's

I'm always fascinated with NYC, and I even dreamed about working on Wall Street and perhaps that's why I'm now a Wall Street writer. What's not to love about this iconic city?

New York State Of Mind: Who Wants A Bite Of The Big Apple?

Kilroy Realty

Commercial real estate REITs have been under intense pressure as the industry faces a tripple whammy of high-interest rates, work-from-home, and white-collar layoffs. On Wednesday, the Fed decided to hike interest rates by 0.25% and signaled that more rate hikes were coming.

Top 3 commercial real estate REITs to avoid amid a triple whammy

Brandywine Realty

Hudson Pacific Properties

Office Properties Income Trust

Prospect Capital

Western Union

Most vanilla investors like to buy stocks that are well-liked by Wall Street analysts.

Ignore The Experts To Earn 8%+ Dividends

Silvergate Capital Corp

SVB Financial Group

Economic data over the coming weeks could have a big impact on bank and tech stocks, Jim Cramer said.

Keep an eye on banks, economic data, Jim Cramer says

Vornado Realty recently cut its quarterly cash dividend payout by 29.2% as FFO came under pressure from Fed fund rates that are still rising. Whilst the new rightsized payout is covered by FFO, some uncertainty still lingers.

Vornado Realty: The New 6.5% Yield

Vornado Realty Trust (NYSE:VNO ) Q4 2022 Earnings Conference Call February 14, 2023 10:00 AM ET Company Participants Steven Borenstein - SVP and Corporation Counsel Steven Roth - CEO Michael Franco - President and CFO Glen Weiss - EVP, Office Leasing and Co-Head of Real Estate Thomas Sanelli - EVP, Finance and Chief Administrative Officer Conference Call Participants Steve Sakwa - Evercore ISI John Kim - BMO Capital Markets Camille Bonnel - Bank of America Michael Griffin - Citi Alexander Goldfarb - Piper Sandler Vikram Malhotra - Mizuho Dylan Burzinski - Green Street Anthony Paolone - JPMorgan Nicholas Yulico - Scotiabank Operator Good morning and welcome to the Vornado Realty Trust Fourth Quarter 2022 Earnings Call. My name is [Benny], and I will be your operator for today.

Vornado Realty Trust (VNO) Q4 2022 Earnings Call Transcript

Vornado's (VNO) Q4 results outshine estimates on better-than-anticipated revenues, aided by healthy leasing activity. The same-store net operating income improves across the portfolio.

Vornado (VNO) Q4 FFO & Revenues Top, Same-Store NOI Increases

Discounted prices in NYC present a truly unique asset opportunity. The Vornado opportunity is courtesy of commercial office space being one of the least attractive real estate sectors today.

Real Estate Opportunities In The Big Apple

Vornado (VNO) delivered FFO and revenue surprises of 7.46% and 0.52%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Vornado (VNO) Surpasses Q4 FFO and Revenue Estimates

NEW YORK, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today:

Vornado Announces Fourth Quarter 2022 Financial Results

Digital Realty Trust

Equinix

Jim Chanos is bearish on some property sectors. He seems especially bearish about NYC office and data centers.

Billionaire Investor Sends 'Shocking' Warning Against REITs

Palantir Technologies

Shortly after Friday's opening bell, the Dow Jones industrials traded 0.05% higher, while the S&P 500 was down 0.06% and the Nasdaq down 0.37%.

Earnings Previews: Palantir Technologies, Vornado

Despite declining office-space demand, Vornado's (VNO) Q4 earnings are likely to have benefited from the healthy demand for its high-quality office properties.

Is a Beat in Store for Vornado (VNO) This Earnings Season?

Vornado Realty Trust (VNO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Vornado Realty Trust (VNO) Ahead of Earnings?

NEW YORK, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) today announced that its financial results for the quarter ended December 31, 2022 will include approximately $600 million of non-cash impairment charges, of which approximately $480 million relates to Vornado's common equity investment in the Fifth Avenue and Times Square joint venture (“Retail JV”).

Vornado Announces Non-Cash Impairment Charges to be Included in its Fourth Quarter 2022 Financial Results

NEW YORK, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it will file its annual report on Form 10-K for the year ended December 31, 2022 with the U.S. Securities and Exchange Commission and issue its fourth quarter and full year earnings release on Monday, February 13, 2023, after the New York Stock Exchange has closed. The Company will host a quarterly earnings conference call and an audio webcast on Tuesday, February 14, 2023 at 10:00 a.m. Eastern Time (ET).

Vornado Announces Fourth Quarter Earnings Release Date and Conference Call Information

NEW YORK, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) and Rudin announced today that they have completed the previously announced transactions with Citadel Enterprise Americas LLC (“Citadel”) and with an affiliate of Kenneth C. Griffin, Citadel's Founder and CEO, relating to 350 Park Avenue and 40 East 52nd Street. All third-party approvals have been obtained and the master lease and other agreements are effective.

News for Vornado Realty Trust Stock (VNO)