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.
Vornado Realty Trust (NYSE: VNO) reported its Q3 2022 financial results, revealing a significant decrease in net income attributable to common shareholders, down to $7.8 million ($0.04/share) from $37.7 million ($0.20/share) year-over-year. Adjusted net income improved to $37.4 million ($0.19/share) compared to $25.9 million ($0.14/share) in the prior year. Funds from Operations (FFO) also saw a decline, totaling $152.5 million ($0.79/share), down from $158.3 million ($0.82/share). VNO anticipates the sale of 40 Fulton Street, expected to close in Q4 2022, with a projected net gain of $33 million.
Vornado Realty Trust (NYSE:VNO) declared quarterly preferred dividends for various series. Series A Convertible holders will receive $0.8125 per share; Series L, $0.3375; Series M and N, $0.328125; and Series O, $0.278125. All dividends are payable on January 3, 2023, to shareholders on record by December 15, 2022. Vornado Realty Trust is a fully integrated equity real estate investment trust, emphasizing confidence in shareholder returns amidst ongoing market challenges.
Vornado Realty Trust (NYSE:VNO) has declared a regular quarterly dividend of $.53 per share, payable on November 18, 2022, to common shareholders of record on November 7, 2022. This decision reflects the company's ongoing commitment to returning value to its shareholders. Vornado Realty Trust operates as a fully-integrated equity real estate investment trust, focusing on real estate investments and management.
Vornado Realty Trust (NYSE:VNO) announced it will file its quarterly Form 10-Q for the period ending September 30, 2022, and release its Q3 earnings on October 31, 2022, after market hours. A quarterly earnings call is scheduled for November 1, 2022, at 10:00 a.m. ET, accessible via phone and webcast. The release emphasizes the ongoing challenges posed by the COVID-19 pandemic, which continues to impact its business operations and tenants significantly.
Vornado Realty Trust (NYSE: VNO) reported a net income of $50.4 million for Q2 2022, up from $48.0 million a year prior. Earnings per diluted share increased to $0.26 from $0.25. Adjusted net income was $37.4 million, or $0.19 per diluted share, compared to $26.8 million, or $0.14 per share in Q2 2021. Funds from Operations (FFO) remained steady at $155.0 million, with adjusted FFO rising to $160.1 million, marking a significant increase from the previous year. For six months ending June 30, 2022, net income reached $76.9 million, up from $52.1 million, reflecting an improving financial trajectory.
Vornado Realty Trust (NYSE:VNO) has declared quarterly preferred dividends for multiple series. The Series A Convertible dividend is set at $0.8125 per share, while the Series L, M, N, and O Cumulative Redeemable dividends are $0.3375, $0.328125, $0.328125, and $0.278125, respectively. All dividends are payable on October 3, 2022, to shareholders on record as of September 15, 2022. This announcement reflects Vornado's commitment to return income to its shareholders amidst ongoing challenges.
Vornado Realty Trust (NYSE: VNO) has declared a quarterly dividend of $0.53 per share, payable on August 19, 2022 to shareholders on record as of August 8, 2022. This decision aims to provide income to common shareholders while reflecting the company's ongoing commitment to return value.
As a fully-integrated equity real estate investment trust, Vornado is navigating the challenges posed by the ongoing COVID-19 pandemic and its impact on performance.
Vornado Realty Trust (NYSE:VNO) announced it will file its quarterly report on Form 10-Q for the quarter ended June 30, 2022, with the SEC and will release its second-quarter earnings on August 1, 2022, after market close. A conference call will follow on August 2, 2022, at 10:00 a.m. ET, accessible via a dedicated phone line or on their website. The company emphasizes potential forward-looking statements regarding risks, mainly from the ongoing impacts of the COVID-19 pandemic on its business environment and financial performance.
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