Vornado Realty Trust (VNO) Scheduled to Post Earnings on Monday

Vornado Realty Trust (NYSE:VNO) is set to release its earnings data after the market closes on Monday, November 4th. Analysts expect Vornado Realty Trust to post earnings of $0.50 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Vornado Realty Trust (NYSE:VNO) last issued its earnings results on Monday, August 5th. The real estate investment trust reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.37). Vornado Realty Trust had a net margin of 4.51% and a return on equity of 3.21%. The firm had revenue of $450.27 million during the quarter, compared to analyst estimates of $439.28 million. During the same quarter in the previous year, the company posted $0.72 earnings per share. The business’s revenue for the quarter was down 4.7% compared to the same quarter last year. On average, analysts expect Vornado Realty Trust to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Vornado Realty Trust Stock Down 1.4 %

VNO opened at $43.17 on Monday. Vornado Realty Trust has a fifty-two week low of $18.36 and a fifty-two week high of $44.00. The company has a market capitalization of $8.22 billion, a P/E ratio of 479.67 and a beta of 1.65. The company has a debt-to-equity ratio of 1.78, a current ratio of 5.21 and a quick ratio of 5.21. The firm’s fifty day moving average price is $37.74 and its two-hundred day moving average price is $30.53.

Analyst Ratings Changes

A number of research analysts have commented on VNO shares. Barclays raised their price target on shares of Vornado Realty Trust from $21.00 to $27.00 and gave the stock an “underweight” rating in a research note on Wednesday, August 14th. Evercore ISI upped their price target on Vornado Realty Trust from $38.00 to $39.00 and gave the company an “outperform” rating in a research report on Wednesday, August 28th. StockNews.com raised Vornado Realty Trust to a “sell” rating in a report on Saturday, July 20th. Truist Financial boosted their target price on shares of Vornado Realty Trust from $26.00 to $31.00 and gave the company a “hold” rating in a research note on Tuesday, August 27th. Finally, BMO Capital Markets upgraded shares of Vornado Realty Trust from a “market perform” rating to an “outperform” rating and increased their target price for the stock from $29.00 to $40.00 in a research report on Thursday, August 8th. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $32.16.

Vornado Realty Trust Company Profile

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