Vornado Realty Trust (VNO) Expected to Announce Earnings on Monday

Vornado Realty Trust (NYSE:VNO - Get Free Report) is projected to release its earnings data after the market closes on Monday, February 10th. Analysts expect the company to announce earnings of ($0.05) per share and revenue of $447.45 million for the quarter. Investors interested in registering for the company's conference call can do so using this link.

Vornado Realty Trust (NYSE:VNO - Get Free Report) last released its quarterly earnings results on Monday, November 4th. The real estate investment trust reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of $0.51 by ($0.61). The company had revenue of $443.26 million during the quarter, compared to analyst estimates of $445.07 million. Vornado Realty Trust had a net margin of 0.46% and a return on equity of 1.72%. The company's revenue for the quarter was down 1.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.66 EPS. On average, analysts expect Vornado Realty Trust to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Vornado Realty Trust Stock Up 1.5 %

Shares of VNO stock traded up $0.62 during trading on Thursday, hitting $43.22. 1,054,248 shares of the company were exchanged, compared to its average volume of 1,158,556. Vornado Realty Trust has a twelve month low of $22.42 and a twelve month high of $46.63. The business's 50-day simple moving average is $42.17 and its 200 day simple moving average is $38.97. The company has a debt-to-equity ratio of 1.93, a quick ratio of 4.97 and a current ratio of 4.97. The firm has a market capitalization of $8.24 billion, a price-to-earnings ratio of -149.04 and a beta of 1.62.

Vornado Realty Trust Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 16th were issued a $0.74 dividend. The ex-dividend date was Monday, December 16th. This is an increase from Vornado Realty Trust's previous quarterly dividend of $0.30. This represents a $2.96 dividend on an annualized basis and a yield of 6.85%. Vornado Realty Trust's dividend payout ratio is -255.17%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on VNO shares. Piper Sandler reaffirmed a "neutral" rating and set a $44.00 price objective (up previously from $30.00) on shares of Vornado Realty Trust in a report on Friday, October 18th. Scotiabank boosted their price objective on shares of Vornado Realty Trust from $33.00 to $38.00 and gave the company a "sector perform" rating in a report on Friday, October 25th. StockNews.com raised shares of Vornado Realty Trust to a "sell" rating in a research note on Tuesday, November 12th. Barclays boosted their price target on shares of Vornado Realty Trust from $27.00 to $34.00 and gave the company an "underweight" rating in a report on Monday, October 28th. Finally, Evercore ISI raised their price objective on Vornado Realty Trust from $40.00 to $45.00 and gave the stock an "outperform" rating in a research note on Wednesday, November 6th. Three analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $37.61.

About Vornado Realty Trust

Vornado Realty Trust is a fully - integrated equity real estate investment trust.