Ultime notizie per Vornado Realty (NYSE:VNO) Azioni

Vornado Realty

Vornado owns and has an ownership interest in Class A office and retail properties highly concentrated in Manhattan, with additional properties in San Francisco and Chicago. It operates as a real estate investment trust.

Vornado Realty Trust

Viper Energy, Inc. - Class A Common Stock

Viper Energy Inc

VORNADO RLTY TR 6.50 A PR by Vornado Realty Trust

Vornado Realty Trust 5.25% Series M Cumulative Redeemable Preferred Shares of Beneficial Interest, liquidation preference $25.00 per share, no par value per share

Vornado Realty Trust 5.25% Series N Cumulative Redeemable Preferred Shares of Beneficial Interest, liquidation preference $25.00 per share

Vornado Realty Trust 4.45% Series O Cumulative Redeemable Preferred Shares, Liquidation Preference $25.00 Per Share

Across the recent three months, 5 analysts have shared their insights on Vornado Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNO#NYSE">VNO</a>), expressing a variety of opinions spanning from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">1</td>
<td align="right">1</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">1</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $33.4, a high estimate of $39.00, and a low estimate of $28.00. This upward trend is apparent, with the current average reflecting a 0.6% increase from the previous average price target of $33.20.
<img src="https://www.benzinga.com/files/images/story/2025/1748008875_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
A clear picture of Vornado Realty's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Alexander Goldfarb</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$39.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Alexander Goldfarb</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$38.00</td>
<td>$44.00</td>
</tr>
<tr>
<td>Ross Smotrich</td>
<td>Barclays</td>
<td>Raises</td>
<td>Underweight</td>
<td>$32.00</td>
<td>$31.00</td>
</tr>
<tr>
<td>Ronald Kamdem</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$28.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Caitlin Burrows</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Sell</td>
<td>$30.00</td>
<td>$27.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Vornado Realty. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Vornado Realty compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Vornado Realty's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
For valuable insights into Vornado Realty's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/VNO/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Vornado Realty analyst ratings.</a>
<h2>About Vornado Realty</h2>
Vornado owns and has an ownership interest in Class A office and retail properties highly concentrated in Manhattan, with additional properties in San Francisco and Chicago. It operates as a real estate investment trust.
<h3>Understanding the Numbers: Vornado Realty's Finances</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: Over the 3M period, Vornado Realty showcased positive performance, achieving a revenue growth rate of 5.78% as of 31 March, 2025. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Real Estate sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Vornado Realty's net margin is impressive, surpassing industry averages. With a net margin of 18.81%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Vornado Realty's ROE excels beyond industry benchmarks, reaching 2.14%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Vornado Realty's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.55%, the company showcases efficient use of assets and strong financial health.
Debt Management: Vornado Realty's debt-to-equity ratio is notably higher than the industry average. With a ratio of 2.06, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>What Are Analyst Ratings?</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

Vornado Realty Stock: A Deep Dive Into Analyst Perspectives (5 Ratings)

Piper Sandler analyst Alexander Goldfarb maintains Vornado Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNO#NYSE">VNO</a>) with a Neutral and raises the price target from $38 to $39.

News

Price Target

Piper Sandler Maintains Neutral on Vornado Realty, Raises Price Target to $39

A portion of the proceeds will be used by the joint venture to repay the $123.6 million mortgage loan encumbering the property.

Asset Sales

Vornado 55% Owned JV To Office Building For $205M

Vornado Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNO#NYSE">VNO</a>) reported quarterly earnings of $0.63 per share which beat the analyst consensus estimate of $0.56 by 12.5 percent. This is a 14.55 percent increase over earnings of $0.55 per share from the same period last year. The company reported quarterly sales of $461.58 million which beat the analyst consensus estimate of $452.13 million by 2.09 percent. This is a 5.78 percent increase over sales of $436.38 million the same period last year.

Earnings

Earnings Beats

Vornado Realty Q1 FFO $0.63 Beats $0.56 Estimate, Sales $461.58M Beat $452.13M Estimate

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Hims & Hers Health, Inc. Class A Common Stock

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Earnings Scheduled For May 5, 2025

Vornado Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNO#NYSE">VNO</a>) is gearing up to announce its quarterly earnings on Monday, 2025-05-05. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Vornado Realty will report an earnings per share (EPS) of $0.52.
Anticipation surrounds Vornado Realty's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
<h3>Earnings Track Record</h3>
Last quarter the company beat EPS by $0.10, which was followed by a 0.76% increase in the share price the next day.
Here's a look at Vornado Realty's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.51</td>
<td>0.51</td>
<td>0.55</td>
<td>0.57</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.61</td>
<td>0.52</td>
<td>0.57</td>
<td>0.55</td>
</tr>
<tr>
<td>Price Change %</td>
<td>1.0%</td>
<td>2.0%</td>
<td>13.0%</td>
<td>-9.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2025/1746219806_0.png" alt="eps graph" />
<h3>Tracking Vornado Realty's Stock Performance</h3>
Shares of Vornado Realty were trading at $36.0 as of May 01. Over the last 52-week period, shares are up 39.84%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Insights Shared by Analysts on Vornado Realty</h3>
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Vornado Realty.
The consensus rating for Vornado Realty is Neutral, based on 5 analyst ratings. With an average one-year price target of $34.4, there's a potential 4.44% downside.
<h3>Analyzing Analyst Ratings Among Peers</h3>
The following analysis focuses on the analyst ratings and average 1-year price targets of BXP, SL Green Realty and Kilroy Realty, three prominent industry players, providing insights into their relative performance expectations and market positioning.
<ul>
<li>Analysts currently favor an Neutral trajectory for BXP, with an average 1-year price target of $81.0, suggesting a potential 125.0% upside.</li>
<li>Analysts currently favor an Neutral trajectory for SL Green Realty, with an average 1-year price target of $64.5, suggesting a potential 79.17% upside.</li>
<li>Analysts currently favor an Neutral trajectory for Kilroy Realty, with an average 1-year price target of $40.0, suggesting a potential 11.11% upside.</li>
</ul>
<h3>Peer Metrics Summary</h3>
The peer analysis summary outlines pivotal metrics for BXP, SL Green Realty and Kilroy Realty, demonstrating their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Cousins Props</td>
<td>Outperform</td>
<td>14.39%</td>
<td>$152.38M</td>
<td>0.29%</td>
</tr>
<tr>
<td>BXP</td>
<td>Neutral</td>
<td>0.77%</td>
<td>$525.61M</td>
<td>1.14%</td>
</tr>
<tr>
<td>SL Green Realty</td>
<td>Neutral</td>
<td>-2.45%</td>
<td>$126.01M</td>
<td>-0.57%</td>
</tr>
<tr>
<td>Kilroy Realty</td>
<td>Neutral</td>
<td>6.45%</td>
<td>$194.10M</td>
<td>1.10%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Vornado Realty ranks at the top for Revenue Growth and Gross Profit among its peers. It is in the middle for Return on Equity.
<h3>About Vornado Realty</h3>
Vornado owns and has an ownership interest in Class A office and retail properties highly concentrated in Manhattan, with additional properties in San Francisco and Chicago. It operates as a real estate investment trust.
<h3>Key Indicators: Vornado Realty's Financial Health</h3>
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: Vornado Realty displayed positive results in 3 months. As of 31 December, 2024, the company achieved a solid revenue growth rate of approximately 3.6%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Real Estate sector.
Net Margin: Vornado Realty's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 0.26%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Vornado Realty's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.03% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Vornado Realty's ROA excels beyond industry benchmarks, reaching 0.01%. This signifies efficient management of assets and strong financial health.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 2.26, caution is advised due to increased financial risk.
<a href="https://www.benzinga.com/quote/VNO/earnings">To track all earnings releases for Vornado Realty visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Look Ahead: Vornado Realty's Earnings Forecast

WIIM

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Shares of REIT stocks are trading lower amid an overall market reversal. The sector may also be down amid a rise in the 30-year Treasury yield.

Piper Sandler analyst Alexander Goldfarb maintains Vornado Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNO#NYSE">VNO</a>) with a Neutral and lowers the price target from $44 to $38.

Piper Sandler Maintains Neutral on Vornado Realty, Lowers Price Target to $38

Every parent wants to give their child a head start in life, especially if they grew up without <a href="https://www.benzinga.com/personal-finance/24/03/37878498/new-fidelity-study-reveals-58-of-women-aim-for-financial-security-as-their-ultimate-goal">financial security</a> themselves.
The desire to break such a generational curse is powerful, but so is the fear of making the wrong move, since a bad <a href="https://in.benzinga.com/personal-finance/25/03/44335110/stupid-20-year-investment-plan-investor-questions-200000-dividend-strategy-is-it-stupid-to-put-in-that-much-into-schd">investment</a> could derail years of careful planning. This is exactly what a Reddit user is faced with now.
The investor, a dad of a 2-year-old, has asked for advice on building a $1 million portfolio for his son with the goal of having him live comfortably off dividend income by age 34. The poster is determined to set his son up for financial freedom, so he&#8217;s already started a &#8220;mini portfolio&#8221; with a combo of dividend-oriented ETFs and speculative stocks: Schwab U.S. Dividend Equity ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHD#NYSE">SCHD</a>), Astra Space (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTR#NASDAQ">ASTR</a>), Virgin Galactic Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPCE#NYSE">SPCE</a>), and Vornado Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNO#NYSE">VNO</a>).
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&#8220;We are looking for blueprints or instructions on proper investing for our children. How to create wealth is more important than wealth itself. We really would like to make sure he is financially responsible beforehand,&#8221; the dad wrote.
His concerns involve picking the right investments to balance growth and dividends in the next 30-plus years, avoiding costly mistakes, and ensuring his son is financially responsible. The responses to the investor&#8217;s post were a mix of encouragement and caution, with many Redditors coming up with suggestions of assets.
Trending: The secret weapon in billionaire investor portfolios that you almost certainly don't own yet. <a href="https://www.benzinga.com/money/masterworks">See which asset class has outpaced the S&amp;P 500 (1995-2024) – and with near-zero correlation.</a>
<h2 class="wp-block-heading">$1 Million Portfolio for a 2-Year-Old&#8211;Reddit Advises Dad on Allocations</h2>
ETFs are Safe for the Long Run
Many commenters suggested individual stocks are too risky for a 30-year investment horizon, and recommended low-cost ETFs instead.
&#8220;Not an expert at all, but I&#8217;m thinking safe ETFs with high quality companies. Time will take care of everything. Thinking simple: SCHD, [SPDR S&amp;P 500 ETF Trust (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spy#NYSE">SPY</a>)],&#8221; a comment reads.
A Redditor suggested a mix between dividend-focused and tech assets, which provide both growth and regular payments.
&#8220;[Vanguard High Dividend Yield ETF (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vym#NYSE">VYM</a>)], [Vanguard Dividend Appreciation ETF (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vig#NYSE">VIG</a>)], [Invesco QQQ Trust (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qqq#NASDAQ">QQQ</a>)]. This is dividend + tech. That&#8217;s what I would bet on for 30 years. Dividend low-fee ETF + some growth inform of tech. I personally would pick stocks for the QQQ portion of the fund [(Apple (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>)] + [Microsoft Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/msft#NASDAQ">MSFT</a>)] + [Alphabet (NASDAQ: GOOGL, GOOG)] + [Amazon&nbsp; (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>)]).&#8221;
&#8220;I remember someone showing the Top 30 or 20 companies by market cap in 1980/1990 and then the new list in 2020 and every one of them had changed/dropped off, bar 1. Might be a good argument for an ETF if you're thinking for the kid,&#8221; a Redditor advocated.
This user also advised the investor to choose ETFs instead of individual stocks because in such a long period, companies can change a lot.
&#8220;I would avoid single stocks and go with a few ETFs because you talking 16 years before they turn 18 and have that last many years, a lot can change with an individual company,&#8221; he said.
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Set Up a Trust
Several Redditors warned the poster that giving a young adult sudden wealth can backfire, so he should consider setting up a structured trust with gradual payouts.
&#8220;OP could set up a trust for their kid where a percentage is released at 18, another at 30, 100% at 50, or however he sees fit. It doesn't stop the kid from possibly becoming a d&#8211;k, but it would minimize the risk of them blowing everything before they're fully matured. He could even add in a clause that allows additional access to money at an earlier age for things such as education or buying a house,&#8221; a commenter wrote.
A Reddit user said he won&#8217;t tell his children about the money he set up for each of them until they&#8217;re 30.
&#8220;I'm not telling my kids about anything I'm putting aside for them until they're 30. Everyone I know that inherited large sums of money before 30 pissed it all up the wall,&#8221; he said.
&#8220;Be very careful what you tell him or her. There is a difference between being a wage slave but also learning the importance of hard work. Tell a kid that they got money coming mid-30s? I would have screwed around in my 20s and felt entitled to that money,&#8221; another comment reads.
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5 analysts have shared their evaluations of Vornado Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNO#NYSE">VNO</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">1</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Vornado Realty and provided 12-month price targets. The average target is $36.4, accompanied by a high estimate of $48.00 and a low estimate of $28.00. This current average reflects an increase of 12.35% from the previous average price target of $32.40. 
<img src="https://www.benzinga.com/files/images/story/2025/1741986030_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Vornado Realty. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Ross Smotrich</td>
<td>Barclays</td>
<td>Raises</td>
<td>Underweight</td>
<td>$32.00</td>
<td>$31.00</td>
</tr>
<tr>
<td>Ronald Kamdem</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$28.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Caitlin Burrows</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Sell</td>
<td>$30.00</td>
<td>$27.00</td>
</tr>
<tr>
<td>Floris Van Dijkum</td>
<td>Compass Point</td>
<td>Raises</td>
<td>Neutral</td>
<td>$44.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>Vikram Malhorta</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Outperform</td>
<td>$48.00</td>
<td>$38.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Vornado Realty. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Vornado Realty compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Vornado Realty's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Vornado Realty's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/VNO/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Vornado Realty analyst ratings.</a>
<h2>Discovering Vornado Realty: A Closer Look</h2>
Vornado owns and has an ownership interest in Class A office and retail properties highly concentrated in Manhattan, with additional properties in San Francisco and Chicago. It operates as a real estate investment trust.
<h3>Breaking Down Vornado Realty's Financial Performance</h3>
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: Over the 3 months period, Vornado Realty showcased positive performance, achieving a revenue growth rate of 3.6% as of 31 December, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Real Estate sector.
Net Margin: Vornado Realty's net margin excels beyond industry benchmarks, reaching 0.26%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Vornado Realty's ROE stands out, surpassing industry averages. With an impressive ROE of 0.03%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Vornado Realty's ROA stands out, surpassing industry averages. With an impressive ROA of 0.01%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Vornado Realty's debt-to-equity ratio surpasses industry norms, standing at 2.26. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>What Are Analyst Ratings?</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Assessing Vornado Realty: Insights From 5 Financial Analysts

Barclays analyst Ross Smotrich maintains Vornado Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNO#NYSE">VNO</a>) with a Underweight and raises the price target from $31 to $32.

Barclays Maintains Underweight on Vornado Realty, Raises Price Target to $32

Morgan Stanley analyst Ronald Kamdem maintains Vornado Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNO#NYSE">VNO</a>) with a Equal-Weight and raises the price target from $26 to $28.

Morgan Stanley Maintains Equal-Weight on Vornado Realty, Raises Price Target to $28

CBRE

EQIX

WELL

WHLR

Shares of REIT and utility stocks are trading lower amid overall market weakness. Rising Treasury yields may be driving a rotation out of income-paying sectors.

Throughout the last three months, 4 analysts have evaluated Vornado Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNO#NYSE">VNO</a>), offering a diverse set of opinions from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">1</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for Vornado Realty, presenting an average target of $40.5, a high estimate of $48.00, and a low estimate of $30.00. Observing a 19.12% increase, the current average has risen from the previous average price target of $34.00. 
<img src="https://www.benzinga.com/files/images/story/2025/1740510108_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Vornado Realty. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Caitlin Burrows</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Sell</td>
<td>$30.00</td>
<td>$27.00</td>
</tr>
<tr>
<td>Floris Van Dijkum</td>
<td>Compass Point</td>
<td>Raises</td>
<td>Neutral</td>
<td>$44.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>Vikram Malhorta</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Outperform</td>
<td>$48.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Michael Lewis</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$40.00</td>
<td>$31.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Vornado Realty. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Vornado Realty compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
For valuable insights into Vornado Realty's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/VNO/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Vornado Realty analyst ratings.</a>
<h2>Unveiling the Story Behind Vornado Realty</h2>
Vornado owns and has an ownership interest in Class A office and retail properties highly concentrated in Manhattan, with additional properties in San Francisco and Chicago. It operates as a real estate investment trust.
<h3>Breaking Down Vornado Realty's Financial Performance</h3>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: Vornado Realty's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2024, the company achieved a revenue growth rate of approximately 3.6%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Real Estate sector.
Net Margin: Vornado Realty's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.26% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Vornado Realty's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 0.03%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Vornado Realty's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.01%, the company showcases efficient use of assets and strong financial health.
Debt Management: Vornado Realty's debt-to-equity ratio surpasses industry norms, standing at 2.26. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>What Are Analyst Ratings?</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Breaking Down Vornado Realty: 4 Analysts Share Their Views

Goldman Sachs analyst Caitlin Burrows maintains Vornado Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNO#NYSE">VNO</a>) with a Sell and raises the price target from $27 to $30.

Goldman Sachs Maintains Sell on Vornado Realty, Raises Price Target to $30

Compass Point analyst Floris Van Dijkum maintains Vornado Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNO#NYSE">VNO</a>) with a Neutral and raises the price target from $40 to $44.

Compass Point Maintains Neutral on Vornado Realty, Raises Price Target to $44

Vornado Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNO#NYSE">VNO</a>) reported quarterly earnings of $0.61 per share which beat the analyst consensus estimate of $0.50 by 22 percent. This is a 3.17 percent decrease over earnings of $0.63 per share from the same period last year. The company reported quarterly sales of $457.79 million which beat the analyst consensus estimate of $447.46 million by 2.31 percent. This is a 3.60 percent increase over sales of $441.89 million the same period last year.

Vornado Realty Q4 2024 FFO $0.61 Beats $0.50 Estimate, Sales $457.79M Beat $447.46M Estimate

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• Inspire Medical Systems (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INSP#NYSE">INSP</a>) is estimated to report quarterly earnings at $0.72 per share on revenue of $232.90 million. 
• Pennant Park Investment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNNT#NYSE">PNNT</a>) is expected to report quarterly earnings at $0.21 per share on revenue of $35.59 million. 
• PennantPark Floating Rate (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFLT#NYSE">PFLT</a>) is projected to report quarterly earnings at $0.32 per share on revenue of $59.48 million. 
• Cincinnati Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CINF#NASDAQ">CINF</a>) is expected to report quarterly earnings at $1.87 per share on revenue of $2.63 billion. 
• Brixmor Property Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRX#NYSE">BRX</a>) is projected to report earnings for its fourth quarter. 
• Credicorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAP#NYSE">BAP</a>) is likely to report quarterly earnings at $4.66 per share on revenue of $1.48 billion. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Earnings Scheduled For February 10, 2025

The U.S. office real estate market has struggled in recent years as the COVID-19 pandemic drove companies to shift to remote work. While <a href="https://www.benzinga.com/markets/equities/25/01/43218904/remote-work-vs-return-to-office-can-veevas-flexibility-outshine-jpmorgans-office-mandate">return-to-office orders at some companies</a> have increased office activity in recent months, the value of office real estate is still greatly diminished. Meanwhile, a residential housing shortage has created heightened demand for apartments.
A solution enacted by several office developers is to convert office space into apartments. While the process is costly and complex due to city zoning, plumbing and utilities, more offices are being converted than ever, according to ResiClub.
In the U.S., 70,700 apartments will be created due to office conversions in 2025. In 2021, only 12,100 units were in the pipeline to be converted from offices to apartments, representing an increase in almost 500%.
Also Read: <a href="https://www.benzinga.com/general/social-media/25/02/43517095/elon-musks-lenders-cash-in-5-5-billion-on-thanks-to-investor-demand-for-x-loans-report">Elon Musk&#8217;s Lenders Cash In $5.5 Billion Thanks To Investor Demand For X Loans: Report</a>
Conversions are concentrated in highly-dense, large U.S. cities. The office-to-apartment pipeline in New York City numbers 8,310 units; Washington D.C. and Los Angeles trail close behind at 6,533 and 4,388 units, respectively. All three cities have faced skyrocketing housing prices tied to a lack of supply.
Other building types being converted to apartments include hotels, factories and warehouses.
Office-to-residential conversions comprise only a portion of the new housing units in major U.S. cities. Only 3,709 were actually converted in 2024, paling in comparison to the nearly 600,000 total new units across the U.S., <a href="https://alndata.com/year-in-review-2024-new-supply/#:~:text=National%20New%20Deliveries,itself%20been%20a%20huge%20total.">according</a> to ALN Data. 
Often, it costs more to convert an office to an apartment complex than to build a brand new residential building on its own.
BXP Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BXP#NYSE">BXP</a>), SL Green Realty Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLG#NYSE">SLG</a>) and Vornado Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNO#NYSE">VNO</a>) are among the publicly-traded office REITs with a presence in the New York market.
Read Next:
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Photo: Shutterstock

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Office Real Estate Turns To Apartment Conversions — Do The Numbers Add Up?

Vornado Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNO#NYSE">VNO</a>) has been analyzed by 7 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">4</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">3</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $41.29, a high estimate of $48.00, and a low estimate of $34.00. Surpassing the previous average price target of $33.00, the current average has increased by 25.12%.
<img src="https://www.benzinga.com/files/images/story/2025/1736283650_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
The analysis of recent analyst actions sheds light on the perception of Vornado Realty by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Vikram Malhorta</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Outperform</td>
<td>$48.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Michael Lewis</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$40.00</td>
<td>$31.00</td>
</tr>
<tr>
<td>Floris Van Dijkum</td>
<td>Compass Point</td>
<td>Raises</td>
<td>Neutral</td>
<td>$40.00</td>
<td>$32.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$45.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>Ross Smotrich</td>
<td>Barclays</td>
<td>Raises</td>
<td>Underweight</td>
<td>$34.00</td>
<td>$27.00</td>
</tr>
<tr>
<td>Nicholas Yulico</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$38.00</td>
<td>$33.00</td>
</tr>
<tr>
<td>Alexander Goldfarb</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$44.00</td>
<td>$30.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Vornado Realty. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Vornado Realty compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Vornado Realty's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
To gain a panoramic view of Vornado Realty's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/VNO/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Vornado Realty analyst ratings.</a>
<h2>Delving into Vornado Realty's Background</h2>
Vornado owns and has an ownership interest in Class A office and retail properties highly concentrated in Manhattan, with additional properties in San Francisco and Chicago. It operates as a real estate investment trust.
<h3>Vornado Realty: A Financial Overview</h3>
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Decline in Revenue: Over the 3 months period, Vornado Realty faced challenges, resulting in a decline of approximately -1.72% in revenue growth as of 30 September, 2024. This signifies a reduction in the company's top-line earnings. When compared to others in the Real Estate sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Vornado Realty's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -4.32% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of -0.45%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Vornado Realty's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -0.12% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Vornado Realty's debt-to-equity ratio stands notably higher than the industry average, reaching 2.19. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
<h2>How Are Analyst Ratings Determined?</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Glimpse Into The Expert Outlook On Vornado Realty Through 7 Analysts

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