Q3 EPS Forecast for Vornado Realty Trust Raised by Analyst

Vornado Realty Trust (NYSE:VNO) – Investment analysts at Zacks Research upped their Q3 2027 earnings per share estimates for shares of Vornado Realty Trust in a report issued on Friday, October 24th. Zacks Research analyst Team now forecasts that the real estate investment trust will post earnings per share of $0.67 for the quarter, up from their previous estimate of $0.66. The consensus estimate for Vornado Realty Trust’s current full-year earnings is $2.31 per share. Zacks Research also issued estimates for Vornado Realty Trust’s FY2027 earnings at $2.62 EPS.

VNO has been the subject of several other research reports. Barclays boosted their price objective on shares of Vornado Realty Trust from $32.00 to $33.00 and gave the stock an “underweight” rating in a research note on Thursday, August 21st. Bank of America decreased their price objective on Vornado Realty Trust from $42.00 to $40.00 and set a “neutral” rating for the company in a report on Monday, August 25th. Mizuho lowered their price objective on Vornado Realty Trust from $48.00 to $43.00 and set an “outperform” rating for the company in a research report on Monday, July 14th. Weiss Ratings restated a “hold (c+)” rating on shares of Vornado Realty Trust in a research note on Wednesday, October 8th. Finally, Scotiabank decreased their price target on Vornado Realty Trust from $45.00 to $40.00 and set a “sector perform” rating for the company in a research note on Thursday, August 28th. Three investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Vornado Realty Trust currently has a consensus rating of “Hold” and an average price target of $39.42.

Vornado Realty Trust Stock Performance

Shares of Vornado Realty Trust stock opened at $39.22 on Monday. The company has a market capitalization of $7.53 billion, a PE ratio of 9.71, a P/E/G ratio of 4.78 and a beta of 1.59. The company has a 50-day simple moving average of $39.79 and a two-hundred day simple moving average of $38.58. Vornado Realty Trust has a one year low of $29.68 and a one year high of $46.63. The company has a debt-to-equity ratio of 1.40, a quick ratio of 6.82 and a current ratio of 6.82.

Vornado Realty Trust (NYSE:VNO) last issued its quarterly earnings data on Monday, August 4th. The real estate investment trust reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.03. Vornado Realty Trust had a return on equity of 19.64% and a net margin of 48.49%.The firm had revenue of $441.44 million during the quarter, compared to analysts’ expectations of $468.79 million. During the same period in the prior year, the business posted $0.57 EPS. The firm’s quarterly revenue was down 2.0% on a year-over-year basis.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of VNO. Twin Tree Management LP raised its stake in shares of Vornado Realty Trust by 102.1% in the first quarter. Twin Tree Management LP now owns 785 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 38,585 shares during the last quarter. Quent Capital LLC acquired a new position in Vornado Realty Trust in the 3rd quarter worth approximately $39,000. Assetmark Inc. raised its position in Vornado Realty Trust by 23.3% during the 1st quarter. Assetmark Inc. now owns 1,835 shares of the real estate investment trust’s stock worth $68,000 after buying an additional 347 shares during the last quarter. Spire Wealth Management raised its position in Vornado Realty Trust by 19.6% during the 3rd quarter. Spire Wealth Management now owns 1,680 shares of the real estate investment trust’s stock worth $68,000 after buying an additional 275 shares during the last quarter. Finally, Skandinaviska Enskilda Banken AB publ acquired a new stake in Vornado Realty Trust during the 2nd quarter valued at approximately $111,000. 90.02% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Vornado Realty Trust

In related news, EVP Haim Chera sold 30,000 shares of the firm’s stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $39.64, for a total value of $1,189,200.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 8.42% of the stock is owned by company insiders.

Vornado Realty Trust Company Profile

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