|Bid||0.00 x 800|
|Ask||63.88 x 800|
|Day's Range||62.92 - 63.95|
|52 Week Range||58.60 - 75.32|
|Beta (3Y Monthly)||0.88|
|PE Ratio (TTM)||4.25|
|Earnings Date||Oct 28, 2019|
|Forward Dividend & Yield||2.64 (4.16%)|
|1y Target Est||70.92|
Investors are spooked by concerns that the Manhattan market will become overwhelmed by supply additions coming from the Hudson Yards megaproject, Midtown Manhattan, and Lower Manhattan. Indeed, Hudson Yards represents one of the largest development projects in the United States and is scheduled to add more than 10 million square feet of mostly Class A office space to the Manhattan market once completed.
With a portfolio focused on the high-growth Sun Belt market, Highwoods Properties (HIW) is well poised to benefit from favorable demand trends. Yet, higher dispositions may impede bottom-line growth.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Vornado Realty Trust and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Furthermore, the transaction has a significant exposure to Class B regional malls with a total of five loans representing 35% of the pooled loan balance. Moody's rating action reflects a base expected loss of 8.1% of the current pooled balance, compared to 4.6% at Moody's last review.
Vornado Realty's (VNO) Q2 performance highlights decline in occupancy at its New York, theMart and 555 California portfolios. Also, low leasing volumes in New York office portfolio dent results.
Vornado (VNO) delivered FFO and revenue surprises of -3.19% and -14.36%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, July 29, 2019 -- VORNADO REALTY TRUST (NYSE: VNO) reported today: Quarter Ended June 30, 2019 Financial Results NET INCOME attributable to common.
Performance of REITs is likely to benefit from low unemployment level and rising wages, and still-resilient consumer sentiment, though rising supply might impede any robust growth.
Ventas' (VTR) Q2 results display stellar revenues from office and triple net leased portfolio, while its impressive 1H19 performance encourages management to raise the guidance for the ongoing year.
NEW YORK, July 25, 2019 -- VORNADO REALTY TRUST (NYSE:VNO) announced today that its Board of Trustees has declared a regular quarterly dividend of $.66 per share payable on.
After more than three decades focused on the bricks and mortar of commercial real estate, the former head of Vornado Realty Trust’s D.C. business is shifting his lens to the technology that will drive those properties in the years to come. Mitchell Schear has been named an executive partner at Camber Creek, a Rockville-based venture capital firm focused on startups in the rapidly expanding property technology, or proptech, industry. The firm, launched in 2011, focuses on tech startups concentrating on real estate and the built environment, and it has lent its support to firms that include crowdsourced development company Fundrise LLC, data firm Compstak Inc., and Vornado spinoff WhyHotel Inc., among others.
Cousins Properties (CUZ) witnesses solid leasing activity in Q2, while higher interest expense and general and administrative expenses impede bottom-line growth.
Although the retail real estate market displayed signs of recovery in Q2, Topshop's store closure at 608 Fifth Avenue is expected to unfavorably impact Vornado's (VNO) earnings.
JBG Smith Properties is proposing to add roughly 1,000 units to its RiverHouse apartment complex in Pentagon City as the Bethesda-based developer ramps up its multifamily plans in the shadow of Amazon.
ALEXANDER’S, INC. (ALX) today announced that Vornado Realty Trust (VNO), the manager which conducts Alexander’s operations, will host a quarterly earnings conference call and an audio webcast on Tuesday, July 30, 2019 at 10:00 a.m. Eastern Time (ET). The conference call can be accessed by dialing 888-771-4371 (domestic) or 847-585-4405 (international) and indicating to the operator the passcode 48773624. A telephonic replay of the conference call will be available from 1:30 p.m. ET on July 30, 2019 through August 29, 2019. To access the replay, please dial 888-843-7419 and enter the passcode 48773624#. A live webcast of the conference call will be available on Vornado’s website at www.vno.com and an online playback of the webcast will be available on the website following the conference call.
VORNADO REALTY TRUST (VNO) announced today that it will file its quarterly report on Form 10-Q for the quarter ended June 30, 2019 with the U.S. Securities and Exchange Commission and issue its second quarter earnings release on Monday, July 29, 2019, after the New York Stock Exchange has closed. The Company will host a quarterly earnings conference call and an audio webcast on Tuesday, July 30, 2019 at 10:00 a.m. Eastern Time (ET). Vornado Realty Trust is a fully-integrated equity real estate investment trust.
NEW YORK, July 16, 2019 -- Vornado Realty Trust (NYSE: VNO) today announced that its financial results for the three months ended June 30, 2019 will include the items listed in.