Vornado Realty Trust (NYSE:VNO) Stock Price Expected to Rise, Piper Sandler Analyst Says

Vornado Realty Trust (NYSE:VNO) had its price target boosted by stock analysts at Piper Sandler from $28.00 to $42.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the real estate investment trust’s stock. Piper Sandler’s price objective points to a potential upside of 9.02% from the stock’s previous close.

Other research analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. upped their price target 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. LADENBURG THALM/SH SH boosted their price objective on shares of Vornado Realty Trust from $40.00 to $45.00 and gave the company a “buy” rating in a research report on Wednesday, June 10th. Barclays upped their target price on shares of Vornado Realty Trust from $29.00 to $34.00 and gave the stock an “underweight” rating in a research note on Tuesday. Weiss Ratings upgraded Vornado Realty Trust from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, June 9th. Finally, Scotiabank lifted their price target on Vornado Realty Trust from $33.00 to $38.00 and gave the company a “sector perform” rating in a research note on Thursday, June 18th. Four investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Vornado Realty Trust currently has a consensus rating of “Hold” and a consensus price target of $39.17.

Vornado Realty Trust Trading Down 3.6%

Shares of NYSE VNO opened at $38.53 on Tuesday. The company’s 50 day simple moving average is $36.73 and its 200 day simple moving average is $31.98. Vornado Realty Trust has a fifty-two week low of $24.57 and a fifty-two week high of $43.37. The firm has a market capitalization of $7.25 billion, a P/E ratio of 10.58, a P/E/G 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 return on equity of 15.82% and a net margin of 43.99%.The business had revenue of $459.11 million for the quarter, compared to analyst estimates of $431.71 million. During the same period in the prior year, the firm posted $0.63 EPS. Vornado Realty Trust’s revenue was down .5% on a year-over-year basis. On average, analysts predict that Vornado Realty Trust will post 2.35 EPS for the current year.

Vornado Realty Trust declared that its Board of Directors has authorized a stock repurchase program on Wednesday, April 29th that allows the company to buyback $300.00 million in shares. This buyback authorization allows the real estate investment trust to purchase up to 5.4% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s leadership believes its shares are undervalued.

Insider Buying and Selling

In related news, Director Michael D. Fascitelli sold 133,350 shares of the stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $36.62, for a total transaction of $4,883,277.00. Following the completion of the transaction, the director owned 475,161 shares in the company, valued at approximately $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 SEC, which can be accessed through this hyperlink. Also, Director Russell B. Wight, Jr. bought 4,000 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was acquired at an average cost of $16.94 per share, with a total value of $67,760.00. Following the transaction, the director 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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Danske Bank A S acquired a new position in shares of Vornado Realty Trust during the 3rd quarter worth about $28,000. Advisory Services Network LLC bought a new stake in Vornado Realty Trust during the third quarter worth about $33,000. Farmers & Merchants Investments Inc. raised its holdings in Vornado Realty Trust by 512.9% during the fourth quarter. Farmers & Merchants Investments Inc. now owns 858 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 718 shares in the last quarter. Employees Retirement System of Texas acquired a new stake in shares of Vornado Realty Trust in the 4th quarter valued at approximately $36,000. Finally, BOKF NA increased its holdings in Vornado Realty Trust by 1,257.1% during the third quarter. BOKF NA now owns 1,140 shares of the real estate investment trust’s stock worth $46,000 after buying an additional 1,056 shares during the last quarter. 90.02% of the stock is owned by institutional investors.

Key Stories Impacting Vornado Realty Trust

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.