Vornado Realty Trust (NYSE:VNO – Get Free Report) had its price objective lifted by investment analysts at Mizuho from $34.00 to $42.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has an “outperform” rating on the real estate investment trust’s stock. Mizuho’s target price indicates a potential upside of 9.02% from the stock’s current price.
VNO has been the subject of a number of other research reports. Scotiabank raised their target price on shares of Vornado Realty Trust from $33.00 to $38.00 and gave the company a “sector perform” rating in a research report on Thursday, June 18th. Truist Financial boosted their price target on shares of Vornado Realty Trust from $28.00 to $39.00 and gave the stock a “hold” rating in a research report on Friday, June 26th. JPMorgan Chase & Co. increased their price objective on shares of Vornado Realty Trust from $33.00 to $37.00 and gave the stock a “neutral” rating in a research note on Thursday, May 28th. BMO Capital Markets raised their price objective on Vornado Realty Trust from $33.00 to $43.00 and gave the company an “outperform” rating in a report on Monday, June 15th. Finally, Morgan Stanley decreased their price objective on Vornado Realty Trust from $32.00 to $28.00 and set an “equal weight” rating for the company in a report on Tuesday, March 31st. Four equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $39.17.
Check Out Our Latest Research Report on Vornado Realty Trust
Vornado Realty Trust Price Performance
Vornado Realty Trust (NYSE:VNO – Get Free Report) last posted its quarterly earnings data on Monday, May 4th. The real estate investment trust reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.07). The business had revenue of $459.11 million during the quarter, compared to analyst estimates of $431.71 million. Vornado Realty Trust had a net margin of 43.99% and a return on equity of 15.82%. Vornado Realty Trust’s revenue for the quarter was down .5% on a year-over-year basis. During the same quarter last year, the business earned $0.63 earnings per share. As a group, equities research analysts forecast that Vornado Realty Trust will post 2.35 EPS for the current fiscal year.
Vornado Realty Trust declared that its board has approved a stock buyback plan on Wednesday, April 29th that authorizes the company to repurchase $300.00 million in outstanding shares. This repurchase authorization authorizes the real estate investment trust to purchase up to 5.4% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board of directors believes its shares are undervalued.
Insider Buying and Selling at Vornado Realty Trust
In other news, Director Michael D. Fascitelli sold 133,350 shares of the stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $36.62, for a total value of $4,883,277.00. Following the transaction, the director directly owned 475,161 shares of the company’s stock, valued at $17,400,395.82. This represents a 21.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Russell B. Wight, Jr. bought 4,000 shares of the business’s stock in a transaction dated Monday, June 8th. The shares were bought at an average price of $16.94 per share, with a total value of $67,760.00. Following the purchase, the director owned 13,000 shares in the company, valued at $220,220. The trade was a 44.44% increase in their position. The SEC filing for this purchase provides additional information. 9.00% of the stock is owned by insiders.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of VNO. Whitener Capital Management Inc. acquired a new stake in Vornado Realty Trust during the second quarter worth approximately $201,000. Yoffe Investment Management LLC bought a new position in shares of Vornado Realty Trust during the second quarter worth approximately $212,000. Handelsbanken Fonder AB increased its stake in shares of Vornado Realty Trust by 24.8% during the second quarter. Handelsbanken Fonder AB now owns 55,900 shares of the real estate investment trust’s stock worth $2,197,000 after purchasing an additional 11,100 shares during the period. Versant Capital Management Inc increased its stake in shares of Vornado Realty Trust by 106.1% during the second quarter. Versant Capital Management Inc now owns 1,750 shares of the real estate investment trust’s stock worth $69,000 after purchasing an additional 901 shares during the period. Finally, Eastern Bank lifted its holdings in Vornado Realty Trust by 1,404.0% during the 2nd quarter. Eastern Bank now owns 3,008 shares of the real estate investment trust’s stock worth $118,000 after purchasing an additional 2,808 shares during the last quarter. 90.02% of the stock is owned by institutional investors.
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.
Recommended Stories
- Five stocks we like better than Vornado Realty Trust
- Could Truth API Become Trump Media’s First Meaningful Revenue Driver?
- Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying
- Moog Is More Than a Missile Maker, and Wall Street Is Noticing
- A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
Receive News & Ratings for Vornado Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vornado Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.
