Q1 2025 EPS Estimates for Vornado Realty Trust Cut by Zacks Research (NYSE:VNO)

Vornado Realty Trust (NYSE:VNO) – Investment analysts at Zacks Research reduced their Q1 2025 earnings estimates for Vornado Realty Trust in a research report issued to clients and investors on Wednesday, September 11th. Zacks Research analyst R. Department now forecasts that the real estate investment trust will earn $0.47 per share for the quarter, down from their previous forecast of $0.49. The consensus estimate for Vornado Realty Trust’s current full-year earnings is $2.16 per share. Zacks Research also issued estimates for Vornado Realty Trust’s Q4 2025 earnings at $0.51 EPS, FY2025 earnings at $2.00 EPS and FY2026 earnings at $2.18 EPS.

Vornado Realty Trust (NYSE:VNO) last released its quarterly earnings data on Monday, August 5th. The real estate investment trust reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.55 by ($0.37). Vornado Realty Trust had a return on equity of 3.21% and a net margin of 4.51%. The business had revenue of $450.27 million for the quarter, compared to analyst estimates of $439.28 million. During the same quarter in the previous year, the company posted $0.72 EPS. The business’s quarterly revenue was down 4.7% on a year-over-year basis.

Other research analysts also recently issued research reports about the stock. StockNews.com upgraded shares of Vornado Realty Trust to a “sell” rating in a report on Saturday, July 20th. Barclays upped their price objective on shares of Vornado Realty Trust from $21.00 to $27.00 and gave the stock an “underweight” rating in a report on Wednesday, August 14th. BMO Capital Markets upgraded shares of Vornado Realty Trust from a “market perform” rating to an “outperform” rating and increased their target price for the company from $29.00 to $40.00 in a report on Thursday, August 8th. Bank of America increased their target price on shares of Vornado Realty Trust from $26.00 to $35.00 and gave the company a “neutral” rating in a report on Thursday, August 22nd. Finally, The Goldman Sachs Group increased their target price on shares of Vornado Realty Trust from $21.50 to $23.75 and gave the company a “sell” rating in a report on Thursday. Four analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $30.43.

Vornado Realty Trust Stock Performance

VNO opened at $35.94 on Thursday. The company has a current ratio of 5.21, a quick ratio of 5.21 and a debt-to-equity ratio of 1.78. The company’s fifty day moving average price is $30.87 and its two-hundred day moving average price is $27.58. Vornado Realty Trust has a 1-year low of $18.36 and a 1-year high of $36.30. The company has a market cap of $6.85 billion, a price-to-earnings ratio of 239.60 and a beta of 1.65.

Insider Activity at Vornado Realty Trust

In related news, Director Russell B. Wight, Jr. sold 2,000 shares of the stock in a transaction dated Thursday, July 11th. The shares were sold at an average price of $28.19, for a total transaction of $56,380.00. Following the completion of the transaction, the director now owns 3,034 shares in the company, valued at $85,528.46. The transaction was disclosed in a document filed with the SEC, which is available through this link. 8.14% of the stock is owned by company insiders.

Hedge Funds Weigh In On Vornado Realty Trust

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Norges Bank bought a new position in Vornado Realty Trust during the fourth quarter worth about $489,922,000. Putnam Investments LLC boosted its position in Vornado Realty Trust by 3.0% during the fourth quarter. Putnam Investments LLC now owns 9,978,649 shares of the real estate investment trust’s stock worth $281,897,000 after purchasing an additional 288,952 shares during the period. Price T Rowe Associates Inc. MD boosted its position in Vornado Realty Trust by 0.7% during the first quarter. Price T Rowe Associates Inc. MD now owns 6,196,145 shares of the real estate investment trust’s stock worth $178,264,000 after purchasing an additional 44,147 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Vornado Realty Trust by 3.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,623,058 shares of the real estate investment trust’s stock worth $74,101,000 after purchasing an additional 76,882 shares during the period. Finally, Duff & Phelps Investment Management Co. boosted its position in Vornado Realty Trust by 45.0% during the second quarter. Duff & Phelps Investment Management Co. now owns 1,973,190 shares of the real estate investment trust’s stock worth $51,875,000 after purchasing an additional 612,765 shares during the period. Institutional investors own 90.02% of the company’s stock.

Vornado Realty Trust Company Profile

Vornado is a fully integrated real estate investment trust (REIT) with a portfolio of premier New York City office and retail assets and the developer of the new PENN DISTRICT. While concentrated in New York, Vornado also owns the premier assets in both Chicago and San Francisco. Vornado is a real estate industry leader in sustainability, with over 27 million square feet of LEED-certified buildings and over 23 million square feet at LEED Gold or Platinum.