Zacks Research Issues Negative Forecast for VNO Earnings

Vornado Realty Trust (NYSE:VNO) – Stock analysts at Zacks Research lowered their Q2 2026 earnings per share estimates for shares of Vornado Realty Trust in a report released on Thursday, April 10th. Zacks Research analyst R. Department now anticipates that the real estate investment trust will earn $0.56 per share for the quarter, down from their previous forecast of $0.57. The consensus estimate for Vornado Realty Trust’s current full-year earnings is $2.31 per share.

Vornado Realty Trust (NYSE:VNO) last issued its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $0.61 earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.66. Vornado Realty Trust had a net margin of 3.94% and a return on equity of 1.60%.

Several other brokerages also recently commented on VNO. Morgan Stanley increased their price target on Vornado Realty Trust from $26.00 to $28.00 and gave the company an “equal weight” rating in a report on Friday, March 14th. Barclays boosted their target price on shares of Vornado Realty Trust from $31.00 to $32.00 and gave the stock an “underweight” rating in a research report on Friday, March 14th. The Goldman Sachs Group raised their price target on Vornado Realty Trust from $27.00 to $30.00 and gave the company a “sell” rating in a research report on Tuesday, February 25th. StockNews.com raised Vornado Realty Trust from a “sell” rating to a “hold” rating in a research report on Thursday, February 13th. Finally, Compass Point lifted their price target on Vornado Realty Trust from $40.00 to $44.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 12th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $38.00.

Vornado Realty Trust Stock Up 1.5 %

Vornado Realty Trust stock opened at $34.78 on Monday. The company has a market capitalization of $6.64 billion, a P/E ratio of 869.53, a P/E/G ratio of 9.69 and a beta of 1.49. Vornado Realty Trust has a 1-year low of $22.42 and a 1-year high of $46.63. The firm’s fifty day simple moving average is $38.11 and its 200-day simple moving average is $40.66. The company has a current ratio of 4.59, a quick ratio of 4.59 and a debt-to-equity ratio of 1.98.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in VNO. Norges Bank bought a new position in shares of Vornado Realty Trust in the fourth quarter worth about $729,073,000. Franklin Resources Inc. raised its position in Vornado Realty Trust by 7.1% in the 4th quarter. Franklin Resources Inc. now owns 11,899,686 shares of the real estate investment trust’s stock worth $500,263,000 after purchasing an additional 792,100 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in Vornado Realty Trust by 3.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 8,888,449 shares of the real estate investment trust’s stock worth $373,672,000 after buying an additional 278,409 shares in the last quarter. Principal Financial Group Inc. boosted its position in Vornado Realty Trust by 126.8% in the 4th quarter. Principal Financial Group Inc. now owns 6,396,551 shares of the real estate investment trust’s stock valued at $268,912,000 after buying an additional 3,575,593 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Vornado Realty Trust by 232.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,529,069 shares of the real estate investment trust’s stock valued at $139,045,000 after buying an additional 2,468,652 shares during the period. 90.02% of the stock is owned by institutional investors.

About Vornado Realty Trust

Vornado Realty Trust is a fully – integrated equity real estate investment trust.