Previous close | 13.01 |
Open | 12.93 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 12.82 - 13.16 |
52-week range | 12.32 - 34.96 |
Volume | |
Avg. volume | 4,410 |
Market cap | 26.749M |
Beta (5Y monthly) | 1.34 |
PE ratio (TTM) | 0.20 |
EPS (TTM) | 0.64 |
Earnings date | 31 July 2023 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
PulteGroup and Vornado Realty are part of the Zacks Bull and Bear of the Day article.
Interest rates and regional bank debacles catch up to urban office REITS
Today, however, what's left of that business is a set of properties owned by a real estate investment trust (REIT) that bears the Alexander's (NYSE: ALX) name. It is offering investors a huge 10%-plus yield today, but you really need to understand the risks here before you buy it.
Vornado's (VNO) Q1 results reflect better-than-anticipated revenues on healthy leasing activity. However, higher operating expenses act as a dampener.
Vornado (VNO) delivered FFO and revenue surprises of -3.23% and 0.49%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, May 01, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today: Quarter Ended March 31, 2023 Financial Results NET INCOME attributable to common shareholders for the quarter ended March 31, 2023 was $5,168,000, or $0.03 per diluted share, compared to $26,478,000, or $0.14 per diluted share, for the prior year's quarter. Adjusting for the items that impact period-to-period comparability listed in the table below, net income attributable to common shareholders, as adjus
Vornado Realty Trust (NYSE:VNO) said after the close Wednesday that it will postpone its common-share dividends - which had offered a payout ratio of 10% - until the end of 2023.
Here is your daily Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Boeing, Enphase, EA, Deutsche Bank, and Vornado Realty. CFRA downgraded Boeing (NYSE:BA) to Buy from Strong Buy and cut its price target to $228.00 from $240.00. While recent work stoppages related to the 737 MAX appear to be tied to two specific fittings, which the company is addressing, CFRA noted that looming summer delays put a premium on solid execution in the second half of the year.
NEW YORK, April 26, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared the following quarterly preferred dividends: Series A Convertible$.8125000per shareSeries L Cumulative Redeemable$.3375000per shareSeries M Cumulative Redeemable$.3281250per shareSeries N Cumulative Redeemable$.3281250per shareSeries O Cumulative Redeemable$.2781250per share In each case, dividends are payable on July 3, 2023 to shareholders of record on June 15, 2
NEW YORK, April 26, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it will postpone dividends on its common shares until the end of 2023, at which time, upon finalization of its 2023 taxable income, including the impact of asset sales, it will pay the 2023 dividend in either (i) cash, or (ii) a combination of cash and securities, as determined by its Board of Trustees. Vornado also announced that, in order to enhance shareholder value, its Board of Trustees has aut
Despite declining office-space demand, Vornado's (VNO) Q1 earnings are likely to have benefited from the healthy demand for its flight-to-quality office properties.
PARAMUS, N.J., April 19, 2023 (GLOBE NEWSWIRE) -- Alexander’s, Inc. (NYSE: ALX) today announced that it will file its quarterly report on Form 10-Q for the quarter ended March 31, 2023 with the U.S. Securities and Exchange Commission and issue its first quarter earnings release on Monday, May 1, 2023, before the New York Stock Exchange opens. Vornado Realty Trust (NYSE: VNO), the manager which conducts Alexander’s operations, announced it will host its quarterly earnings conference call and an a
NEW YORK, April 19, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it will file its quarterly report on Form 10-Q for the quarter ended March 31, 2023 with the U.S. Securities and Exchange Commission and issue its first quarter earnings release on Monday, May 1, 2023, after the New York Stock Exchange has closed. The Company will host a quarterly earnings conference call and an audio webcast on Tuesday, May 2, 2023 at 10:00 a.m. Eastern Time (ET). The conference ca
NEW YORK, April 10, 2023 (GLOBE NEWSWIRE) -- VORNADO REALTY TRUST (NYSE: VNO) announced today that it released its 2022 Environmental, Social, & Governance (“ESG”) report. This ESG report is Vornado's fourteenth consecutive annual report which highlights the Company's industry-leading accomplishments in sustainability and provides key metrics on the Company’s ESG priorities. Key ESG achievements include: Procured 100% renewable energy credits (RECs) for electricity directly managed by Vornado in
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) 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?
NEW YORK, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today: Quarter Ended December 31, 2022 Financial Results NET LOSS attributable to common shareholders for the quarter ended December 31, 2022 was $493,280,000, or $2.57 per diluted share, compared to net income attributable to common shareholders of $11,269,000, or $0.06 per diluted share, for the prior year's quarter. Adjusting for the items that impact period-to-period comparability listed in the table on the
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.
Vornado Realty Trust (VNO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Piedmont Office (PDM) delivered FFO and revenue surprises of 0% and 2.73%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
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”). By way of background, in April 2019, Vornado recognized a $2.559 billion gain when it transferred seven properties to th
PARAMUS, N.J., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Alexander’s, Inc. (NYSE: ALX) today announced 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, before the New York Stock Exchange opens. Vornado Realty Trust (NYSE: VNO), the manager which conducts Alexander’s operations, announced it will host its quarterly earnings confere
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
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. About Vornado Realty Trust Vornado Realty Trust is the pree
Schlumberger (NYSE:SLB) raised its quarterly dividend by 42.9% to $0.25 per share, or $1 annualized, for an annual yield of 1.7%. Schlumberger’s dividend will be payable on April 6, 2023, to stockholders of record on February 8, 2023, with an ex-dividend date of February 7, 2023. Vornado Realty Trust (NYSE:VNO) shares plunged nearly 4% on Thursday after the company cut its quarterly dividend by 29.2% to $0.375 per share, or $1.5 annualized, for an annual yield of 6.5%.