VNO Stock Recent News

While the top- and bottom-line numbers for Vornado (VNO) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Vornado (VNO) came out with quarterly funds from operations (FFO) of $0.56 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to FFO of $0.57 per share a year ago.

NEW YORK, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today: Quarter Ended June 30, 2025 Financial Results NET INCOME attributable to common shareholders for the quarter ended June 30, 2025 was $743,819,000, or $3.70 per diluted share, compared to $35,260,000, or $0.18 per diluted share, for the prior year's quarter. The increase is primarily due to the $803,248,000 gain related to the 770 Broadway master lease with New York University ("NYU").

NEW YORK, July 31, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared the following quarterly preferred dividends:

Vornado Realty Trust's asset quality and market positioning are strong, with a high asset coverage ratio and prime real estate holdings in major U.S. cities. Credit metrics suggest a Moody's-equivalent rating of Ba1 to Baa3, supported by solid unencumbered assets and manageable leverage, but offset by weaker debt-to-EBITDA. Preferred shares and bonds offer attractive yields (7.5%+ for preferreds, 5.4% for bonds), all trading below par and rated below investment grade by agencies.

Telecommunications giant to relocate its New York headquarters to PENN 2 Telecommunications giant to relocate its New York headquarters to PENN 2

NEW YORK, July 22, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it will file its quarterly report on Form 10-Q for the quarter ended June 30, 2025 with the U.S. Securities and Exchange Commission and issue its second quarter earnings release on Monday, August 4, 2025, after the New York Stock Exchange has closed. The Company will host a quarterly earnings conference call and an audio webcast on Tuesday, August 5, 2025 at 10:00 a.m. Eastern Time (ET).

VNO completes $450M refinancing for PENN 11, boosting liquidity and extending debt maturity to 2030.

NEW YORK, July 16, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it has completed a $450 million refinancing of PENN 11, a 1.2 million square foot Manhattan office building located in THE PENN DISTRICT. The five-year interest only loan matures in August 2030 and has a fixed rate of 6.35%.

Overall, I am very bullish on REITs. But there are exceptions. I highlight two REITs that I would sell if I owned them today.