Vornado's portfolio is concentrated in the nation's key market  New York City  along with the premier asset in both Chicago and San Francisco. Vornado is also the real estate industry leader in sustainability policy. The company owns and manages over 23 million square feet of LEED certified buildings and received the Energy Star Partner of the Year Award, Sustained Excellence 2019. In 2012, Vornado commemorated 50 years on the NYSE.
IPO Year:
Exchange: NYSE
Website: vno.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/24/2025 | $41.00 | Underweight → Neutral | Analyst |
| 10/13/2025 | $48.00 | Buy | Ladenburg Thalmann |
| 9/12/2025 | $42.00 | Sell → Neutral | Citigroup |
| 1/7/2025 | $38.00 → $48.00 | Neutral → Outperform | Mizuho |
| 8/20/2024 | Underperform → Outperform | Evercore ISI | |
| 8/8/2024 | $29.00 → $40.00 | Market Perform → Outperform | BMO Capital Markets |
| 8/8/2024 | $22.00 → $30.00 | Underweight → Neutral | Piper Sandler |
| 3/28/2024 | $24.00 → $26.00 | Underweight → Equal-Weight | Morgan Stanley |
| 3/27/2024 | $22.00 | Underweight | Barclays |
| 12/15/2023 | $25.00 → $31.00 | Underperform → Market Perform | BMO Capital Markets |
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NEW YORK, May 12, 2026 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its 45.1% owned joint venture has completed a $161 million refinancing of 61 Ninth Avenue, a 194,000 square foot office and retail property in the Meatpacking district of Manhattan, which is fully leased to Aetna and Starbucks. The interest only loan, which matures in March 2029, as fully extended, carries a rate of SOFR plus 3.00% for the first year, SOFR plus 3.35% for the second year and SOFR plus 3.85% for the remainder of the term. The loan replaces the previous $155 million loan that bore interest at SOFR plus 2.45% and was scheduled to mature in November 2026. Vornado Realty Trust is a
NEW YORK, May 04, 2026 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) reported today: Quarter Ended March 31, 2026 Financial Results NET LOSS attributable to common shareholders for the quarter ended March 31, 2026 was $22,842,000, or $0.12 per diluted share, compared to net income attributable to common shareholders of $86,842,000, or $0.43 per diluted share, for the prior year's quarter. FUNDS FROM OPERATIONS ("FFO") attributable to common shareholders plus assumed conversions (non-GAAP) for the quarter ended March 31, 2026 was $96,263,000, or $0.49 per diluted share, compared to $135,039,000, or $0.67 per diluted share, for the prior year's quarter. Adjusting for the items tha
NEW YORK, April 29, 2026 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has authorized the repurchase of up to $300 million of its outstanding common shares under a new share repurchase program. Under Vornado's existing $200 million share repurchase program, Vornado has repurchased 6,929,439 of its common shares at an average price of $25.80 per share and has approximately $21 million of remaining capacity under that prior program. Share repurchases may be made from time to time in the open market, through privately negotiated transactions or through other means as permitted by federal securities laws, including through block trades, acce
NEW YORK, April 29, 2026 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared the following quarterly preferred dividends: Series A Convertible$.8125000per share Series L Cumulative Redeemable$.3375000per share Series M Cumulative Redeemable$.3281250per share Series N Cumulative Redeemable$.3281250per share Series O Cumulative Redeemable$.2781250per share In each case, dividends are payable on July 1, 2026 to shareholders of record on June 15, 2026. Vornado Realty Trust is a fully-integrated equity real estate investment trust. CONTACT Thomas J. Sanelli(212) 894-7000 Certain statements contained herein may constitute "forwa
NEW YORK, April 28, 2026 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it has agreed to purchase a 49% interest in Park Avenue Plaza from Closer Properties at a gross asset valuation of $1.1 billion ($950 per square foot), a significant discount to replacement cost. Park Avenue Plaza is a 45-story, 1.2 million rentable square foot building located at 55 East 52nd Street. The trophy, Class A office building, co-owned by Fisher Brothers, has protected Park Avenue views and occupies the full through-block between East 52nd and East 53rd Street. The property is located directly across 52nd Street from Vornado's 350 Park Avenue development. Park Avenue Plaza is 99% o
PARAMUS, N.J., April 21, 2026 (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, 2026 with the U.S. Securities and Exchange Commission and issue its first quarter earnings release on Monday, May 4, 2026, 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 audio webcast on Tuesday, May 5, 2026 at 10:00 a.m. Eastern Time (ET). On the call, information concerning Alexander's may be discussed. The conference call can be accessed by dialing 888-317-6003 (
NEW YORK, April 21, 2026 (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, 2026 with the U.S. Securities and Exchange Commission and issue its first quarter earnings release on Monday, May 4, 2026, after the New York Stock Exchange has closed. The Company will host a quarterly earnings conference call and an audio webcast on Tuesday, May 5, 2026 at 10:00 a.m. Eastern Time (ET). The conference call can be accessed by dialing 888-317-6003 (domestic) or 412-317-6061 (international) and entering the passcode 9610150. A live webcast of the conference call will be available on Vornado's website
NEW YORK, April 08, 2026 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it released its 2025 Sustainability Report. This is Vornado's 17th consecutive sustainability report which highlights the Company's industry-leading accomplishments in sustainability and provides key metrics on the Company's sustainability priorities. Key achievements for 2025 included: Maintained 100% LEED® certification across our entire portfolio of managed and in-service buildings and achieved 100% WELL Health-Safety certification.Recognized as New York City's Redevelopment of the Year through the 2025 CoStar Impact Award for our transformation of THE PENN DISTRICT.Ranked in the top
NEW YORK, March 18, 2026 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) today announced the New York flagship location for Meta Lab at 697 Fifth Avenue. Meta signed a 10-year lease agreement with Vornado for Meta Lab New York to occupy the entire five-level, 15,000-square-foot townhouse building adjacent to the base of the St. Regis Hotel. This marks the first flagship retail location for Meta in Manhattan, following its initial flagship store opening in Los Angeles in 2025. Meta Lab is a people-first experiential retail space that reimagines traditional shopping as a celebration of community, culture, and creative self-expression. Designed for hands-on discovery, Meta Lab invites vi
NEW YORK, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) reported today: Quarter Ended December 31, 2025 Financial Results NET INCOME attributable to common shareholders for the quarter ended December 31, 2025 was $601,000, or $0.00 per diluted share, compared to $1,203,000, or $0.01 per diluted share, for the prior year's quarter. FUNDS FROM OPERATIONS ("FFO") attributable to common shareholders plus assumed conversions (non-GAAP) for the quarter ended December 31, 2025 was $112,927,000, or $0.56 per diluted share, compared to $117,085,000, or $0.58 per diluted share, for the prior year's quarter. Adjusting for the items that impact period-to-period comparability lis
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Analyst upgraded Vornado Rlty Trust from Underweight to Neutral and set a new price target of $41.00
Ladenburg Thalmann initiated coverage of Vornado Rlty Trust with a rating of Buy and set a new price target of $48.00
Citigroup upgraded Vornado Rlty Trust from Sell to Neutral and set a new price target of $42.00
Mizuho upgraded Vornado Rlty Trust from Neutral to Outperform and set a new price target of $48.00 from $38.00 previously
Evercore ISI upgraded Vornado Rlty Trust from Underperform to Outperform
BMO Capital Markets upgraded Vornado Rlty Trust from Market Perform to Outperform and set a new price target of $40.00 from $29.00 previously
Piper Sandler upgraded Vornado Rlty Trust from Underweight to Neutral and set a new price target of $30.00 from $22.00 previously
Morgan Stanley upgraded Vornado Rlty Trust from Underweight to Equal-Weight and set a new price target of $26.00 from $24.00 previously
Barclays initiated coverage of Vornado Rlty Trust with a rating of Underweight and set a new price target of $22.00
BMO Capital Markets upgraded Vornado Rlty Trust from Underperform to Market Perform and set a new price target of $31.00 from $25.00 previously
Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.
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Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
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4 - VORNADO REALTY TRUST (0000899689) (Issuer)
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Live Leadership Updates
NEW YORK, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) today named Cushman & Wakefield as the exclusive leasing agent of PENN 2, its 1.8 million square-foot PENN DISTRICT office tower. Vornado's PENN 2Seventh Avenue between 31st and 33rd Streets The Cushman & Wakefield agency team will be led by Bruce Mosler and Josh Kuriloff, who have recently been responsible for more than 7.7 million square feet in office leasing across Midtown Manhattan's burgeoning West Side. PENN 2 has been completely transformed into a world-class office environment geared toward today's leading companies. The $750 million full-building redevelopment includes a highly efficient modern g
NEW YORK, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced the appointment of Jason Kirschner, 47, as the Company's Executive Vice President – Head of Capital Markets. Mr. Kirschner reports to Michael Franco, Vornado's President and Chief Financial Officer. Mr. Kirschner brings more than 20 years of experience in financing both existing buildings and new developments, particularly in Manhattan. During his career he has sourced and executed over $35 billion of real estate financings. Prior to joining Vornado, Mr. Kirschner was Managing Director – Finance & Capital Markets at Hudson Realty Capital, an RXR affiliate, for two years and previously served at Brookfi
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 the key markets in which we operate. These RECs include those sourced from hydroelectric, solar and wind facilities located in the States of New York and California.Achieved a 28% reduction in ove
NEW YORK, July 14, 2022 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today the appointment of Lauren Brust Moss as the Company's Senior Vice President – Chief Sustainability Officer. Ms. Moss has more than 20 years of experience managing sustainability, energy and capital improvements for large-scale buildings and portfolios, and is recognized as an industry thought leader and advocate on green policy, regulation and compliance. Prior to joining Vornado, Ms. Moss was Senior Vice President at Adai, the administrator of the Fitwel certification program, and previously worked in the sustainability practices at engineering firms NORESCO and Steven Winter Associates. Ms. Moss
NEW YORK, Nov. 01, 2021 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that Deirdre Maddock has been promoted to the position of Senior Vice President, Chief Accounting Officer of Vornado. Ms. Maddock succeeds Matthew Iocco, who will be retiring after 22 years with Vornado. The change continues the transition to Vornado's next generation of leaders. Mr. Iocco will remain with Vornado through December 31, 2021 to assist with the transition. Ms. Maddock currently serves as Vice President, SEC Reporting and Corporate Accounting. Prior to joining Vornado in 2016, Ms. Maddock worked in the audit practice at Deloitte & Touche LLP specializing in real estate and banking. Vo
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NEW YORK, April 29, 2026 (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 share Series L Cumulative Redeemable$.3375000per share Series M Cumulative Redeemable$.3281250per share Series N Cumulative Redeemable$.3281250per share Series O Cumulative Redeemable$.2781250per share In each case, dividends are payable on July 1, 2026 to shareholders of record on June 15, 2026. Vornado Realty Trust is a fully-integrated equity real estate investment trust. CONTACT Thomas J. Sanelli(212) 894-7000 Certain statements contained herein may constitute "forwa
PARAMUS, N.J., April 21, 2026 (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, 2026 with the U.S. Securities and Exchange Commission and issue its first quarter earnings release on Monday, May 4, 2026, 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 audio webcast on Tuesday, May 5, 2026 at 10:00 a.m. Eastern Time (ET). On the call, information concerning Alexander's may be discussed. The conference call can be accessed by dialing 888-317-6003 (
NEW YORK, April 21, 2026 (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, 2026 with the U.S. Securities and Exchange Commission and issue its first quarter earnings release on Monday, May 4, 2026, after the New York Stock Exchange has closed. The Company will host a quarterly earnings conference call and an audio webcast on Tuesday, May 5, 2026 at 10:00 a.m. Eastern Time (ET). The conference call can be accessed by dialing 888-317-6003 (domestic) or 412-317-6061 (international) and entering the passcode 9610150. A live webcast of the conference call will be available on Vornado's website
NEW YORK, Feb. 05, 2026 (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 April 1, 2026 to shareholders of record on March 16, 2026. Vornado Realty Trust is a fully-integrated equity real estate investment trust. CONTACT Thomas J. Sanelli(212) 894-7000 Certain statements contained herein may constitute "forward-lookin
PARAMUS, N.J., Jan. 21, 2026 (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, 2025 with the U.S. Securities and Exchange Commission and issue its fourth quarter and full year earnings release on Monday, February 9, 2026, 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 audio webcast on Tuesday, February 10, 2026 at 10:00 a.m. Eastern Time (ET). On the call, information concerning Alexander's may be discussed. The conference call can be accessed by d
NEW YORK, Jan. 21, 2026 (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, 2025 with the U.S. Securities and Exchange Commission and issue its fourth quarter and full year earnings release on Monday, February 9, 2026, after the New York Stock Exchange has closed. The Company will host a quarterly earnings conference call and an audio webcast on Tuesday, February 10, 2026 at 10:00 a.m. Eastern Time (ET). The conference call can be accessed by dialing 888-317-6003 (domestic) or 412-317-6061 (international) and entering the passcode 2775277. A live webcast of the conference call will be availabl
NEW YORK, Jan. 07, 2026 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it has acquired 3 East 54th Street, a demolition-ready asset situated on 18,400 square feet of land, for $141 million. Vornado acquired the mortgage on this property in two transactions in 2024 and 2025; the loan balance has accrued to $107 million, including default interest and advances. In connection with the acquisition, the $107 million loan balance was credited towards the purchase price. The site is located between Fifth Avenue and Madison Avenue on 54th Street, adjacent to the St. Regis Hotel and prime Upper Fifth Avenue retail properties owned by Vornado. The land is zoned for approxi
NEW YORK, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared a dividend of $.74 per common share. The dividend will be payable on December 29, 2025 to shareholders of record on December 18, 2025. For 2026, Vornado anticipates continuing its recent common share dividend policy of paying one common share dividend in the fourth quarter of 2026. Vornado Realty Trust is a fully-integrated equity real estate investment trust. CONTACT Thomas J. Sanelli(212) 894-7000 Certain statements contained herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Fo
NEW YORK, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) reported today: Quarter Ended September 30, 2025 Financial Results NET INCOME attributable to common shareholders for the quarter ended September 30, 2025 was $11,589,000, or $0.06 per diluted share, compared to net loss attributable to common shareholders of $19,154,000, or $0.10 per diluted share, for the prior year's quarter. FUNDS FROM OPERATIONS ("FFO") attributable to common shareholders plus assumed conversions (non-GAAP) for the quarter ended September 30, 2025 was $117,372,000, or $0.58 per diluted share, compared to $99,256,000, or $0.50 per diluted share, for the prior year's quarter. Adjusting for th
NEW YORK, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared the following quarterly preferred dividends: Series A Convertible$.8125000per share Series L Cumulative Redeemable$.3375000per share Series M Cumulative Redeemable$.3281250per share Series N Cumulative Redeemable$.3281250per share Series O Cumulative Redeemable$.2781250per share In each case, dividends are payable on January 2, 2026 to shareholders of record on December 15, 2025. Vornado Realty Trust is a fully-integrated equity real estate investment trust. CONTACT Thomas J. Sanelli(212) 894-7000 Certain statements contained herein may constitute "f
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