VNO - Vornado Realty Trust
| Previous Close | 67.27 |
| Open | 67.30 |
| Bid | 67.18 x 1100 |
| Ask | 67.19 x 800 |
| Day's Range | 67.05 - 67.65 |
| 52 Week Range | 58.60 - 70.54 |
| Volume | 886,749 |
| Avg. Volume | 1,024,430 |
| Market Cap | 12.825B |
| Beta (5Y Monthly) | 0.99 |
| PE Ratio (TTM) | 4.27 |
| EPS (TTM) | 15.73 |
| Earnings Date | Feb 17, 2020 |
| Forward Dividend & Yield | 2.64 (3.92%) |
| Ex-Dividend Date | Jan 22, 2020 |
| 1y Target Est | 70.08 |
- GlobeNewswire
Vornado Declares Quarterly $.66 Dividend On Common Shares
PARAMUS, N.J., Jan. 15, 2020 -- VORNADO REALTY TRUST (NYSE:VNO) announced today that its Board of Trustees has declared a regular quarterly dividend of $.66 per share payable.
- GlobeNewswire
Vornado Declares Quarterly Dividends On Preferred Shares
NEW YORK, Jan. 15, 2020 -- VORNADO REALTY TRUST (NYSE:VNO) announced today that its Board of Trustees has declared the following quarterly preferred dividends: Series.
- Investopedia
Top Stocks for January 2020
These are the top stocks of the entire S&P 500 with the best value, fastest growth, and most momentum for January
- Investopedia
Top S&P 500 Stocks for January 2020
The S&P 500 Index is a market-capitalization-weighted index of the 500 largest publicly traded companies in the U.S. It is widely regarded as the best gauge of large-cap U.S. equities. Some of the largest companies in the index include Microsoft Corp.
- Insider Monkey
2019 Review: Most Favored Hedge Fund Stocks vs. Vornado Realty Trust (VNO)
We are still in an overall bull market and many stocks that smart money investors were piling into surged in 2019. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained more than 57% each. Hedge funds' top 3 stock picks returned 44.6% this year and beat the S&P 500 […]
- American City Business Journals
Historic Warner building poised for a new lease on life
CBRE Global Investors is rolling out a series of upgrades to the Warner building in downtown D.C. to help it retain tenants and attract new ones after anchor law firm tenant Baker Botts LLC leaves early next year. It's not the first time the 600,000-square-foot building at 1299 Pennsylvania Ave. NW, famously shown in a scene from the John Grisham book-turned movie "The Pelican Brief," has faced adversity.
- Zacks
Vornado Realty (VNO) Announces Special Dividend: Time to Hold?
Solid dividend payouts remain the biggest attraction for REIT investors and Vornado (VNO) remains committed to that. Its special dividend results from dispositions and sale of interests in assets.
- MarketWatch
Vornado Realty Trust's stock rises after declared special dividend boosts yield to nearly 7%
Shares of Vornado Realty Trust hiked up 1.9% in midday trading Wednesday, after the New York-based real estate investment trust declared a special dividend of $1.95 a share. The dividend, which is payable Jan. 15 to shareholders of record on Dec. 30 is the result of gains from the transfer of its 45.4% equity interest in its retail assets on Upper Fifth Avenue and Times Square, the sale of its 25% interest in 330 Madison Avenue and other asset sales, which was partially offset by a tax deduction from its former investment in Toys "R" Us. The special dividend is in addition to the current annual dividend of $2.64 a share. Including the special dividend, the implied dividend yield at current stock prices would be 6.93%. The yield on the SPDR Real Estate Select Sector ETF is 3.01% and the implied yield for the S&P 500 is 1.89%, according to FactSet.
- GlobeNewswire
Vornado Declares a Special Dividend of $1.95 Per Share
NEW YORK, Dec. 18, 2019 -- VORNADO REALTY TRUST (NYSE: VNO) today announced that its Board of Trustees has declared a special dividend of $1.95 per share payable on January 15,.
- Bloomberg
NYC Awaits Apple as Facebook, Google Pounce in Tech-Office Boom
(Bloomberg) -- New York City is waiting on Apple Inc.One year after the tech giant announced it would bring hundreds of jobs to New York, and on the heels of major Manhattan lease announcements by Facebook Inc. and Amazon.com Inc., the city’s real estate industry is wondering when the iPhone developer will make its move.“The absence is surprising,” Jim Underhill, chief executive officer of commercial-property firm Cresa.Apple, based in Cupertino, California, has a limited presence in New York beyond its popular retail stores. Facebook and Google, meanwhile, have become two of Manhattan’s biggest office tenants, a strong signal that technology companies are tapping into the educated workforce in a city long known as a media and finance stronghold. Even Amazon, which walked away from plans to build a new office hub in Queens early this year, recently signed a lease for 335,000 square feet near Hudson Yards.Apple is still hunting for office space in Manhattan, according to people with knowledge of the matter. The company is trying to figure out how much space it needs and could take more than 250,000 square feet, one of the people said.Apple was reported earlier this year to be in talks with Vornado Realty Trust for a lease at its James A. Farley Post Office Building, but Facebook may end up getting the prized space instead. The project is across Eighth Avenue from Pennsylvania Station, and just east of the buildings where Facebook and Amazon signed their new leases.As recently as two months ago, Apple looked at Essex Crossing, a Lower East Side development that will have 350,000 square feet of office space and more than 1,000 apartments, according to one of the people.Apple declined to comment on its real estate plans.In addition to its retail stores in New York, Apple has a small corporate office near Union Square where it has some marketing and software engineering staff and operates parts of Apple News.The company also keeps a large apartment in Tribeca for project demos and meetings with Apple developers. Occasional product launches have also been held in New York, such as the MacBook Air and iPad Pro updates in 2018.Last month, Apple announced it was starting construction on a $1 billion campus that will expand its presence in Austin, Texas. The company continues to grow at its Cupertino headquarters, home to executives, marketing teams and the majority of its software and hardware engineers. And it plans to add hundreds of jobs in cities across the U.S., including Seattle, San Diego, Pittsburgh and Boston.Then there’s New York, where the expectation is that Apple will eventually join other prominent technology companies with a major Manhattan lease.“It’s more a matter of when, not if,” said Danny Ismail, an office analyst at Green Street Advisors. “It takes a decent amount of work to bring these things to the finish line.”\--With assistance from Mark Gurman.To contact the reporter on this story: Natalie Wong in New York at nwong133@bloomberg.netTo contact the editors responsible for this story: Craig Giammona at cgiammona@bloomberg.net, Christine MaurusFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- MoneyShow
Vornado- Investing in New York City
Vornado (VNO) is the largest commercial landlord in New York City -- perhaps the best real estate location in the world, observes income investing expert John Freund, editor of The Bull Market Report.
- Kiplinger
10 Best Value Stocks to Buy for 2020
As the calendar turns to 2020, investors need to appraise the stock markets in a new light. 2019 came and went with three interest-rate cuts - not the hikes many suspected at the start of the year - and the longest economic recovery of the postwar era continued. The market has subsequently shot to sky-high prices, setting up a 2020 in which value stocks should be ... well, valued.The S&P; 500 trades at more than 23 times its trailing 12-month earnings - a level seen only a few times in the market's history. The index also trades at a sky-high 19 times analysts' estimates for future earnings. That's sustainable as long as investors have enough reasons to be bullish. But several things - another breakdown in trade relations, the U.S. entering recession and more - could spark an exodus from expensive stocks.It's not all bad. The market's best value stocks - which often have defensive qualities, including paying significant amounts of dividend income - would likely thrive in a flight to quality.Here are 10 of the best value stocks to buy heading into 2020. It's a short list, to be sure, as 2019's rally has driven a wide swath of stocks into frothy territory. But each of these stock picks offers value and a favorable fundamental outlook heading into the new year. SEE ALSO: 20 Best Retirement Stocks to Buy in 2020
- American City Business Journals
Urban Edge has $500M cash, is hungry for Boston area properties
Urban Edge Properties recently acquired the 16-acre Wonderland Marketplace shopping center in Revere for $24.1 million, marking the first of what could be several “substantial” investments in Greater Boston for the New York-based real estate company. Urban Edge (NYSE: UE) spun out of Vornado Realty Trust (NYSE: VNO) in early 2015, and the majority of its 15.2 million-square-foot retail portfolio is located in the New York metropolitan area.
- American City Business Journals
JBG fund sells Crystal City hotel
A fund affiliated with JBG Smith Properties (NYSE: JBGS) has sold a Crystal City hotel about a mile from where the Bethesda-based developer is working with Amazon.com Inc. (NASDAQ: AMZN) to build the first of HQ2's planned buildings, according to Arlington County land records.
- GuruFocus.com
Paul Singer's Elliott Management Adds 4 Stocks to Portfolio in 3rd Quarter
The activist firm’s newest target is AT&T; Continue reading...
- Zacks
Vornado (VNO) Refinances $800M Loan for 650 Madison Avenue
Vornado Realty (VNO) boosts financial strength by securing refinancing loan worth $800 million for its Manhattan office and retail property.
- Insider Monkey
Hedge Funds Have Never Been This Bullish On Vornado Realty Trust (VNO)
Is Vornado Realty Trust (NYSE:VNO) a good investment right now? We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get tips from investment bankers and industry insiders. Sure they sometimes fail miserably, but their […]
- GlobeNewswire
Vornado Completes $800 Million Refinancing of 650 Madison Avenue
NEW YORK, Dec. 02, 2019 -- VORNADO REALTY TRUST (NYSE: VNO) announced today that its 20.1% owned joint venture has completed an $800 million refinancing of 650 Madison Avenue,.
- Zacks
Vornado (VNO) Down 1.2% Since Last Earnings Report: Can It Rebound?
Vornado (VNO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- GlobeNewswire
Vornado Continues to Lead in Sustainability: Awarded NAREIT’s Leader in the Light Award for the Tenth Consecutive Year
NEW YORK, Nov. 19, 2019 -- VORNADO REALTY TRUST (NYSE: VNO) announced today that for the tenth consecutive year it has been awarded the National Association of Real Estate.
- Investopedia
Top S&P 500 Stocks for November 2019
The S&P 500 Index is a market-capitalization-weighted index of the 500 largest publicly traded companies in the U.S. It is widely considered as the best gauge of large-cap U.S. equities. Some of the largest companies in the index include Microsoft Corporation (MSFT), Apple Inc.
- GuruFocus.com
6 Cheap Stocks With Low Price-Earnings Ratios
According to this classic value indicator, these stocks are currently trading at a cheap price Continue reading...
- American City Business Journals
Exclusive: Aging Skyline office complex sold. The new owner is planning big changes.
A New York-based commercial real estate firm has acquired the aging Skyline office complex in Baileys Crossroads for about $215 million with plans to revitalize the 1970s-era property Vornado Realty Trust (NYSE: VNO) relinquished ownership of nearly three years ago. Somera Road Inc. closed on the acquisition last week and plans a series of common area improvements and other campus upgrades to the Leesburg Pike property in the near term. Further out, the company plans to seek approval from Fairfax County to convert three office buildings in the center of the campus into multifamily.
- Thomson Reuters StreetEvents
Edited Transcript of VNO earnings conference call or presentation 29-Oct-19 2:00pm GMT
Q3 2019 Vornado Realty Trust and Alexander's Inc Earnings Call
- Barrons.com
Vornado Has Bad News About New York City Property
The real-estate investment trust said net operating income at its properties in the city increased just 0.5% year-over-year on a comparable basis last quarter.
