Barclays Increases Vornado Realty Trust (NYSE:VNO) Price Target to $34.00

Vornado Realty Trust (NYSE:VNO) had its target price increased by Barclays from $29.00 to $34.00 in a report issued on Tuesday,Benzinga reports. The firm presently has an “underweight” rating on the real estate investment trust’s stock. Barclays‘s target price indicates a potential downside of 11.75% from the stock’s previous close.

Several other equities analysts also recently commented on VNO. Citigroup upped their price objective on Vornado Realty Trust from $32.00 to $34.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Mizuho boosted their target price on shares of Vornado Realty Trust from $34.00 to $42.00 and gave the company an “outperform” rating in a research note on Tuesday. BMO Capital Markets upped their price target on shares of Vornado Realty Trust from $33.00 to $43.00 and gave the stock an “outperform” rating in a report on Monday, June 15th. Morgan Stanley reduced their price target on shares of Vornado Realty Trust from $32.00 to $28.00 and set an “equal weight” rating on the stock in a research note on Tuesday, March 31st. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Vornado Realty Trust from $33.00 to $37.00 and gave the company a “neutral” rating in a report on Thursday, May 28th. Four research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $39.17.

Vornado Realty Trust Stock Down 3.6%

Shares of NYSE VNO opened at $38.53 on Tuesday. Vornado Realty Trust has a 1 year low of $24.57 and a 1 year high of $43.37. The firm has a 50-day simple moving average of $36.73 and a two-hundred day simple moving average of $31.98. The company has a market cap of $7.25 billion, a P/E ratio of 10.58, a PEG ratio of 2.01 and a beta of 1.53. The company has a debt-to-equity ratio of 1.54, a current ratio of 6.14 and a quick ratio of 6.14.

Vornado Realty Trust (NYSE:VNO) last released its earnings results on Monday, May 4th. The real estate investment trust reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.07). Vornado Realty Trust had a net margin of 43.99% and a return on equity of 15.82%. The business had revenue of $459.11 million for the quarter, compared to the consensus estimate of $431.71 million. During the same period in the prior year, the company posted $0.63 EPS. The company’s quarterly revenue was down .5% compared to the same quarter last year. Research analysts anticipate that Vornado Realty Trust will post 2.35 earnings per share for the current year.

Vornado Realty Trust announced that its Board of Directors has authorized a share repurchase program on Wednesday, April 29th that authorizes the company to buyback $300.00 million in shares. This buyback authorization authorizes the real estate investment trust to repurchase up to 5.4% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Insider Transactions at Vornado Realty Trust

In other Vornado Realty Trust news, Director Michael D. Fascitelli sold 133,350 shares of Vornado Realty Trust stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $36.62, for a total value of $4,883,277.00. Following the transaction, the director owned 475,161 shares in the company, valued at $17,400,395.82. The trade was a 21.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Russell B. Wight, Jr. bought 4,000 shares of Vornado Realty Trust stock in a transaction on Monday, June 8th. The stock was purchased at an average price of $16.94 per share, with a total value of $67,760.00. Following the completion of the acquisition, the director directly owned 13,000 shares of the company’s stock, valued at $220,220. This represents a 44.44% increase in their position. The disclosure for this purchase is available in the SEC filing. 9.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On Vornado Realty Trust

A number of hedge funds and other institutional investors have recently bought and sold shares of VNO. Farther Finance Advisors LLC boosted its stake in shares of Vornado Realty Trust by 4.8% in the fourth quarter. Farther Finance Advisors LLC now owns 7,706 shares of the real estate investment trust’s stock worth $256,000 after buying an additional 351 shares during the last quarter. Signaturefd LLC raised its position in Vornado Realty Trust by 2.0% during the fourth quarter. Signaturefd LLC now owns 19,976 shares of the real estate investment trust’s stock valued at $665,000 after acquiring an additional 389 shares in the last quarter. Thrivent Financial for Lutherans raised its position in Vornado Realty Trust by 1.0% during the second quarter. Thrivent Financial for Lutherans now owns 39,320 shares of the real estate investment trust’s stock valued at $1,504,000 after acquiring an additional 391 shares in the last quarter. Brown Brothers Harriman & Co. lifted its holdings in Vornado Realty Trust by 15.5% in the third quarter. Brown Brothers Harriman & Co. now owns 2,976 shares of the real estate investment trust’s stock valued at $121,000 after acquiring an additional 400 shares during the period. Finally, State of Michigan Retirement System lifted its holdings in Vornado Realty Trust by 1.0% in the first quarter. State of Michigan Retirement System now owns 38,500 shares of the real estate investment trust’s stock valued at $1,001,000 after acquiring an additional 400 shares during the period. Hedge funds and other institutional investors own 90.02% of the company’s stock.

Key Vornado Realty Trust News

Here are the key news stories impacting Vornado Realty Trust this week:

• Positive Sentiment: Mizuho raised its price target on Vornado Realty Trust to $42 from $34 and kept an outperform rating, suggesting upside potential. Benzinga analyst update
• Positive Sentiment: Piper Sandler lifted its target to $42 from $28, while Scotiabank increased its target to $40 from $38, indicating analysts still see value in the stock. Benzinga analyst update
• Positive Sentiment: Vornado reported that its Q2 2026 earnings release will come on August 3, followed by a conference call on August 4, giving investors a near-term catalyst for a clearer view of operating performance. Vornado earnings release date announcement
• Neutral Sentiment: Zacks published a note calling VNO a “strong momentum stock,” which may support trader interest but does not change fundamentals. Zacks momentum article
• Negative Sentiment: A new analyst downgrade is the most likely reason for today’s weakness, offsetting the recent bullish target hikes and keeping sentiment mixed. Benzinga downgrade article

Vornado Realty Trust Company Profile

Vornado Realty Trust is a self‐administered real estate investment trust focused on the ownership, management and redevelopment of office and retail properties. As a fully integrated REIT, the company oversees leasing, property management, building operations and strategic capital improvements designed to enhance asset value and tenant experience. Vornado’s business model emphasizes long‐term cash flow generation through stable rental income and disciplined portfolio optimization.

The company’s core portfolio is concentrated in New York City, where it holds a diverse mix of office towers and street‐level retail assets in prominent submarkets such as Midtown and the Penn Plaza corridor.