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VNO / Vornado Realty Is Besieged On All Sides

Vornado Realty Is Besieged On All Sides
Vornado's common shares are down 37% year-to-date and 61% over the last 12 months due to various challenges, including a high Fed funds rate, a regional banking crisis, and reduced demand for office space. The REIT has suspended its dividends through the end of the year, saving at least $215 million. Vornado faces a wall of debt that will be difficult to refinance as the market values the REIT lower than during the 2008 financial crisis. Read More
Posted: May 30 2023, 11:59
Author Name: Seeking Alpha
Views: 110786

VNO News  

Vornado Realty Trust: Potential Upside With Commons And 9.3% Yielding Preferreds

By Seeking Alpha
November 2, 2023

Vornado Realty Trust: Potential Upside With Commons And 9.3% Yielding Preferreds

Vornado Realty Trust has had a disruptive fiscal year, with suspended dividends and flagging funds from operations as interest expenses bite. The REIT more_horizontal

Vornado Realty Trust (VNO) Q3 2023 Earnings Call Transcript

By Seeking Alpha
October 31, 2023

Vornado Realty Trust (VNO) Q3 2023 Earnings Call Transcript

Vornado Realty Trust (NYSE:VNO ) Q3 2023 Earnings Conference Call October 31, 2023 10:00 AM ET Company Participants Steve Borenstein – Senior Vice P more_horizontal

Vornado's (VNO) FFO Meets Estimates in Q3, Revenues Miss

By Zacks Investment Research
October 31, 2023

Vornado's (VNO) FFO Meets Estimates in Q3, Revenues Miss

Vornado's (VNO) Q3 results reflect lower-than-anticipated revenues despite decent leasing activity. Also, higher operating expenses act as a dampener. more_horizontal

Vornado (VNO) Q3 FFO Meet Estimates

By Zacks Investment Research
October 30, 2023

Vornado (VNO) Q3 FFO Meet Estimates

Vornado (VNO) came out with quarterly funds from operations (FFO) of $0.66 per share, in line with the Zacks Consensus Estimate. This compares to FFO more_horizontal

Compared to Estimates, Vornado (VNO) Q3 Earnings: A Look at Key Metrics

By Zacks Investment Research
October 30, 2023

Compared to Estimates, Vornado (VNO) Q3 Earnings: A Look at Key Metrics

Although the revenue and EPS for Vornado (VNO) give a sense of how its business performed in the quarter ended September 2023, it might be worth consi more_horizontal

Vornado Announces Third Quarter Earnings Release Date and Conference Call Information

By GlobeNewsWire
October 18, 2023

Vornado Announces Third Quarter Earnings Release Date and Conference Call Information

NEW YORK, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it will file its quarterly report on Form 10-Q for th more_horizontal

New York Office Risks Remain, But Vornado Is Appropriately Discounted

By Seeking Alpha
October 11, 2023

New York Office Risks Remain, But Vornado Is Appropriately Discounted

Office REITs experienced a significant positive revaluation in the first half of 2023, but the recovery rally slowed in September. Vornado Realty Trus more_horizontal

Is it Wise to Retain Vornado (VNO) Stock in Your Portfolio Now?

By Zacks Investment Research
October 5, 2023

Is it Wise to Retain Vornado (VNO) Stock in Your Portfolio Now?

Vornado's (VNO) assets are poised to draw in tenants, thanks to the strong demand for high-quality properties. However, elevated interest rates contin more_horizontal


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