STOCK TITAN

Vornado Realty Trust - VNO STOCK NEWS

Welcome to our dedicated page for Vornado Realty Trust news (Ticker: VNO), a resource for investors and traders seeking the latest updates and insights on Vornado Realty Trust stock.

Vornado Realty Trust (NYSE: VNO) is a top-tier owner, manager, and developer of office and retail properties. With a strong presence in key markets such as New York City, Chicago, and San Francisco, Vornado's portfolio includes some of the most prestigious Class A office and retail spaces in the nation. The company's total portfolio encompasses over 27 million square feet of LEED-certified buildings, underscoring its commitment to sustainability and environmental stewardship.

Since its inception, Vornado has been at the forefront of the real estate industry. The company celebrated its 50th anniversary on the New York Stock Exchange in 2012, emphasizing its longstanding influence and stability within the market. Vornado has also been recognized with the Energy Star Partner of the Year Award for Sustained Excellence in 2020, further cementing its role as a leader in sustainable real estate development.

Vornado's strategic focus on high-quality assets in prime locations has been a key driver of its success. In New York City, the company owns and manages an impressive array of properties, including iconic buildings in Manhattan. The company's presence extends to other major markets, with significant assets in both Chicago and San Francisco.

Recently, Vornado announced that it will file its annual report on Form 10-K for the year ended December 31, 2023, with the U.S. Securities and Exchange Commission. The company will also release its fourth-quarter and full-year earnings on February 12, 2024, followed by a quarterly earnings conference call and webcast on February 13, 2024, at 10:00 a.m. Eastern Time.

Vornado continues to engage in active development and redevelopment projects, maintaining a dynamic and forward-looking approach to real estate investment. The company's financial health, evidenced by consistent earnings releases and strategic dispositions, ensures its position as a reliable and influential player in the real estate market.

Rhea-AI Summary
Vornado Realty Trust (NYSE: VNO) reported a net loss of $61,013,000 for Q4 2023, compared to a loss of $493,280,000 in Q4 2022. Adjusted net income was $8,040,000 for Q4 2023. For the year 2023, net income was $43,378,000, compared to a loss of $408,615,000 in 2022. FFO for 2023 was $503,792,000, down from $638,928,000 in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.59%
Tags
-
Rhea-AI Summary
Vornado Realty Trust (VNO) declared quarterly preferred dividends for its Series A, L, M, N, and O shares, payable on April 1, 2024. The dividends range from $.2781250 to $.8125000 per share. Vornado Realty Trust is a fully-integrated equity real estate investment trust.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.15%
Tags
dividends
-
Rhea-AI Summary
Vornado Realty Trust (VNO) will file its annual report on Form 10-K for the year ended December 31, 2023, and issue its fourth quarter and full year earnings release on February 12, 2024. The Company will host a quarterly earnings conference call on February 13, 2024, and expects its Board of Trustees to declare the regular quarterly preferred dividends on February 8, 2024. Vornado anticipates paying one 2024 common share dividend in the fourth quarter of 2024. The company is a fully-integrated equity real estate investment trust.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.46%
Tags
dividends earnings
Rhea-AI Summary
Vornado Realty Trust (VNO) appoints Cushman & Wakefield as exclusive leasing agent for PENN 2, a 1.8 million square-foot office tower in the PENN DISTRICT. The $750 million redevelopment includes modern glass curtain wall, outdoor tenant loggias, and a signature six-story podium. The project also features 72,000 square feet of outdoor green spaces, a 300 seat Town Hall space, and a lushly landscaped private rooftop park. The building will be home to Madison Square Garden’s global headquarters and is aimed at innovation-oriented companies seeking a premium office environment in Manhattan’s Westside.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.22%
Tags
none
-
Rhea-AI Summary
Vornado Realty Trust (VNO) declares a dividend of $.30 per common share, payable on December 27, 2023, to shareholders of record on December 15, 2023. The aggregate 2023 common dividend is $.675 per common share. Vornado anticipates a common share dividend in the fourth quarter of 2024. Vornado Realty Trust is a fully-integrated equity real estate investment trust.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.72%
Tags
dividends
-
Rhea-AI Summary
SL Green Realty Corp. (NYSE: SLG) and Vornado Realty Trust (NYSE: VNO) have signed a 15-year renewal and expansion lease with a premier financial services tenant covering 269,905 square feet on six floors at 280 Park Avenue, a best-in-class 1.25 million-square-foot Midtown Manhattan office building owned in joint venture between SL Green and Vornado.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.74%
Tags
none
Rhea-AI Summary
Vornado Realty Trust reported net income of $52.8 million for Q3 2023, compared to $7.8 million in Q3 2022. Adjusted net income was $12.8 million for Q3 2023. FFO was $119.5 million for Q3 2023, compared to $152.5 million in Q3 2022. The company formed a joint venture for the development of Sunset Pier 94 Studios. Dividends on common shares have been postponed until the end of 2023. The company has authorized a share repurchase program of up to $200 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.57%
Tags
-
Rhea-AI Summary
Vornado Realty Trust (NYSE:VNO) declares quarterly preferred dividends. Dividends payable on January 2, 2024 to shareholders of record on December 15, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.55%
Tags
dividends
-
Rhea-AI Summary
Vornado Realty Trust to file quarterly report and issue third quarter earnings release
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.3%
Tags
Rhea-AI Summary
Vornado Realty Trust appoints Jason Kirschner as Executive Vice President - Head of Capital Markets
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.72%
Tags
none

FAQ

What is the current stock price of Vornado Realty Trust (VNO)?

The current stock price of Vornado Realty Trust (VNO) is $41.51 as of December 20, 2024.

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

The market cap of Vornado Realty Trust (VNO) is approximately 7.9B.

What does Vornado Realty Trust do?

Vornado Realty Trust is an owner, manager, and developer of office and retail properties, primarily concentrated in New York City, Chicago, and San Francisco.

Where are Vornado Realty Trust's properties located?

Vornado has a significant presence in New York City, with additional properties in Chicago and San Francisco.

What is Vornado Realty Trust's commitment to sustainability?

Vornado owns and manages over 27 million square feet of LEED-certified buildings and has received the Energy Star Partner of the Year Award for Sustained Excellence.

When will Vornado Realty Trust release its annual report for 2023?

Vornado will file its annual report on Form 10-K for the year ended December 31, 2023, and issue its fourth-quarter and full-year earnings release on February 12, 2024.

How can I listen to Vornado Realty Trust's earnings call?

The earnings call will be held on February 13, 2024, at 10:00 a.m. Eastern Time and will be available via audio webcast.

What type of properties does Vornado Realty Trust invest in?

Vornado invests in Class A office and retail properties, primarily located in major urban markets.

How long has Vornado Realty Trust been listed on the NYSE?

Vornado Realty Trust has been listed on the New York Stock Exchange for over 50 years, celebrating its 50th anniversary in 2012.

Who can I contact for more information about Vornado Realty Trust?

For more information, you can contact Thomas J. Sanelli at (212) 894-7000 or tsanelli@vno.com.

What recent awards has Vornado Realty Trust received?

Vornado has been awarded the Energy Star Partner of the Year Award for Sustained Excellence in 2020.

What is the ticker symbol for Vornado Realty Trust?

The ticker symbol for Vornado Realty Trust is VNO.

Vornado Realty Trust

NYSE:VNO

VNO Rankings

VNO Stock Data

7.89B
174.96M
8.16%
92.37%
7.89%
REIT - Office
Real Estate Investment Trusts
Link
United States of America
NEW YORK