|Bid||41.02 x 1400|
|Ask||41.07 x 1100|
|Day's Range||40.25 - 41.26|
|52 Week Range||29.79 - 50.91|
|Beta (5Y Monthly)||1.37|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 01, 2021|
|Forward Dividend & Yield||2.12 (5.06%)|
|Ex-Dividend Date||Aug 06, 2021|
|1y Target Est||46.09|
NEW YORK, Sept. 13, 2021 (GLOBE NEWSWIRE) -- VORNADO REALTY TRUST (NYSE: VNO) today announced the pricing of a public offering of $300 million perpetual 4.45% Series O Cumulative Redeemable Preferred Shares, at a price of $25.00 per share, pursuant to an effective registration statement. The offering is expected to close September 22, 2021, subject to customary closing conditions. The Company may redeem the Series O Preferred Shares at a redemption price of $25.00 per share on and after Septembe
Vornado (VNO) is poised to benefit from high-quality assets and its capital-recycling efforts. Yet, stiff competition and the retail real estate market woes might partly mar its growth trajectory.
Vornado's (VNO) decision to sell its five Manhattan retail properties comes amid the company's focus on improving its core business and shedding of non-core assets.