Analysts Set Expectations for Vornado Realty Trust's Q1 2025 Earnings (NYSE:VNO)

Vornado Realty Trust (NYSE:VNO - Free Report) - Equities researchers at Zacks Research dropped their Q1 2025 earnings per share estimates for shares of Vornado Realty Trust in a research report issued to clients and investors on Wednesday, September 11th. Zacks Research analyst R. Department now anticipates that the real estate investment trust will post earnings of $0.47 per share for the quarter, down from their prior estimate 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 - Get Free Report) last announced its quarterly earnings results on Monday, August 5th. The real estate investment trust reported $0.18 earnings per share (EPS) 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 company had revenue of $450.27 million for the quarter, compared to the consensus estimate of $439.28 million. During the same quarter last year, the company posted $0.72 EPS. The company's quarterly revenue was down 4.7% compared to the same quarter last year.

Several other research analysts have also recently weighed in on the stock. Truist Financial boosted their price target on shares of Vornado Realty Trust from $26.00 to $31.00 and gave the stock a "hold" rating in a report on Tuesday, August 27th. Compass Point boosted their target price on Vornado Realty Trust from $27.00 to $32.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 7th. Evercore ISI upped their target price on Vornado Realty Trust from $38.00 to $39.00 and gave the company an "outperform" rating in a report on Wednesday, August 28th. BMO Capital Markets upgraded Vornado Realty Trust from a "market perform" rating to an "outperform" rating and lifted their price target for the stock from $29.00 to $40.00 in a report on Thursday, August 8th. Finally, Barclays upped their price objective on Vornado Realty Trust from $21.00 to $27.00 and gave the company an "underweight" rating in a research note on Wednesday, August 14th. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $30.43.

Vornado Realty Trust Stock Up 5.3 %

VNO traded up $1.81 during mid-day trading on Thursday, reaching $35.94. 3,481,519 shares of the stock were exchanged, compared to its average volume of 2,086,983. The company has a 50 day moving average price of $30.87 and a two-hundred day moving average price of $27.58. The stock has a market capitalization of $6.85 billion, a PE ratio of 239.60 and a beta of 1.65. The company has a debt-to-equity ratio of 1.78, a quick ratio of 5.21 and a current ratio of 5.21. Vornado Realty Trust has a 1 year low of $18.36 and a 1 year high of $36.30.

Hedge Funds Weigh In On Vornado Realty Trust

Several hedge funds have recently made changes to their positions in the stock. Norges Bank bought a new position in Vornado Realty Trust in the 4th quarter worth about $489,922,000. Nomura Holdings Inc. lifted its holdings in shares of Vornado Realty Trust by 2,410.2% in the fourth quarter. Nomura Holdings Inc. now owns 973,035 shares of the real estate investment trust's stock worth $27,488,000 after buying an additional 934,271 shares in the last quarter. Bank of Montreal Can boosted its position in shares of Vornado Realty Trust by 2,229.1% in the second quarter. Bank of Montreal Can now owns 855,572 shares of the real estate investment trust's stock valued at $22,502,000 after acquiring an additional 818,838 shares during the period. Natixis purchased a new position in Vornado Realty Trust during the first quarter valued at approximately $21,564,000. Finally, Duff & Phelps Investment Management Co. increased its holdings in Vornado Realty Trust by 45.0% during the 2nd 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 acquiring an additional 612,765 shares during the period. 90.02% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Vornado Realty Trust

In other news, Director Russell B. Wight, Jr. sold 2,000 shares of the business's stock in a transaction that occurred on Thursday, July 11th. The shares were sold at an average price of $28.19, for a total value of $56,380.00. Following the sale, the director now owns 3,034 shares of the company's stock, valued at $85,528.46. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 8.14% of the stock is owned by corporate insiders.

About Vornado Realty Trust

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.