The headline numbers for Vornado (VNO) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Vornado (VNO) came out with quarterly funds from operations (FFO) of $0.52 per share, in line with the Zacks Consensus Estimate . This compares to FFO of $0.63 per share a year ago.
VNO is likely to have witnessed a decline in Q1 revenues and FFO as leasing gains meet rent pressure, debt costs and a cautious analyst outlook.
Vornado Realty Trust (NYSE:VNO) is drawing fresh analyst scrutiny as office REITs cement their position as the worst-performing REIT subsector year-to-date.
VNO secures Meta's first Manhattan retail flagship with a 10-year lease at the 697 Fifth Avenue building.
Boothbay Fund Management LLC acquired a new position in shares of Vornado Realty Trust (NYSE: VNO) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 154,470 shares of the real estate investment trust's stock, valued at approximately
VNO signs Le Colonial for a 15-year lease at 50 West 57th St, adding a 9,600-sq-ft restaurant set to open in summer 2027 to boost tenant appeal.
Vornado (VNO) reported earnings 30 days ago. What's next for the stock?
Vornado Realty saw its New York occupancy rate reach 90% to end 2025, a material 250 basis point rise from the third quarter. The REIT saw FFO per share decline by 2 cents year-over-year to $0.56 per share, with revenue beating consensus in the fourth quarter. The Series O Preferreds currently pay out a 7.4% current yield and are trading for $15.10 per share.
Vornado Realty Trust maintains stable financial and credit metrics, with total assets of ~$15.5B and debt of ~$7.94B. VNO's market-adjusted asset yield is 4.5%, and its expected AFFO yield is 5.05%, among the sector's highest forward P/AFFOs. Credit ratings remain unchanged: Moody's Ba1, Fitch BB+, and S&P BBB-, with market-adjusted metrics supporting a Ba1 rating.
Vornado Realty Trust (VNO) Q4 2025 Earnings Call Transcript
VNO's Q4 FFO misses estimates and falls year over year, while revenues top estimates but slip slightly amid decent leasing activity.