63.65 0.00 (0.00%)
After hours: 4:28PM EDT
|Bid||59.47 x 800|
|Ask||63.71 x 800|
|Day's Range||62.74 - 63.81|
|52 Week Range||58.60 - 72.50|
|Beta (3Y Monthly)||0.89|
|PE Ratio (TTM)||4.24|
|Earnings Date||Oct 28, 2019|
|Forward Dividend & Yield||2.64 (4.17%)|
|1y Target Est||70.25|
Historically, bull markets in stocks and real estate bubbles, especially in commercial property, go hand in hand. The same irrational exuberance that persuades mediocre stock investors that everything they touch turns to gold also infects developers who leverage themselves to the hilt with cheap money near the peak of a cycle. In the past, the completion of record-high skyscrapers has been the proverbial bell that rings at the top of the market.
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, October 29, 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 49056911. A telephonic replay of the conference call will be available from 1:30 p.m. ET on October 29, 2019 through November 28, 2019. To access the replay, please dial 888-843-7419 and enter the passcode 49056911#. 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.
NEW YORK, Oct. 16, 2019 -- VORNADO REALTY TRUST (NYSE: VNO) announced today that it will file its quarterly report on Form 10-Q for the quarter ended September 30, 2019 with.
Vornado Realty's (VNO) third-quarter transactions, like stake divesture at 330 Madison Avenue and sale of 220 Central Park South units, to drive bottom-line growth, per the company.
NEW YORK, Oct. 14, 2019 -- Vornado Realty Trust (NYSE: VNO) today announced that its financial results for the three months ended September 30, 2019 will include the items.
There are several ways to beat the market, and investing in small cap stocks has historically been one of them. We like to improve the odds of beating the market further by examining what famous hedge fund operators such as Jeff Ubben, George Soros and Carl Icahn think. Those hedge fund operators make billions of […]
Altus Realty has acquired the Park Place office building next to Dark Star Park in Rosslyn, the District-based firm's third buy in 16 months. The $66.5 million acquisition, from an affiliate of Tishman Speyer, closed Friday. The property at 1655 Fort Myer Drive is assessed at about $44 million.The purchase follows the firm's $128.8 million acquisition of International Place, also in Rosslyn, and the former Ibiza nightclub site in NoMa for $10.5 million for conversion into a citizenM Hotel.
Vornado Realty Trust (NYSE: VNO) has sold 3040 M St. NW, one of the last local properties it withheld from the spin-merge into JBG Smith Properties (NYSE: JBGS), to an affiliate of Lincoln Property Co. The 44,000-square-foot building, which is anchored by a Nike store, traded for a total consideration amount of for $83.9 million, or about $1,907 per square foot, according to a deed recorded with the District on Thursday. A representative for Vornado could not be immediately reached for comment. A spokeswoman for Lincoln confirmed the sale and added Lincoln acquired the property in partnership with Cara Real Estate, an affiliate of Frankfort, Germany-based Cara Investment.
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.