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

Vornado Realty Trust (NYSE:VNO) is scheduled to issue its quarterly earnings data after the market closes on Monday, November 4th. Analysts expect the company to announce earnings of $0.50 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Vornado Realty Trust (NYSE:VNO) last released its quarterly earnings results on Monday, August 5th. The real estate investment trust reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by ($0.37). The business had revenue of $450.27 million for the quarter, compared to the consensus estimate of $439.28 million. Vornado Realty Trust had a net margin of 4.51% and a return on equity of 3.21%. Vornado Realty Trust’s revenue was down 4.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.72 EPS. 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 Performance

NYSE VNO opened at $41.23 on Friday. The company has a market capitalization of $7.85 billion, a price-to-earnings ratio of 463.56 and a beta of 1.65. The company has a quick ratio of 5.21, a current ratio of 5.21 and a debt-to-equity ratio of 1.78. Vornado Realty Trust has a twelve month low of $19.63 and a twelve month high of $44.05. The stock has a fifty day simple moving average of $38.45 and a 200 day simple moving average of $30.90.

Wall Street Analyst Weigh In

Several research analysts have issued reports on VNO shares. Compass Point raised their price target on shares of Vornado Realty Trust from $27.00 to $32.00 and gave the stock a “neutral” rating in a report on Wednesday, August 7th. BMO Capital Markets raised shares of Vornado Realty Trust from a “market perform” rating to an “outperform” rating and upped their price target for the company from $29.00 to $40.00 in a research report on Thursday, August 8th. StockNews.com raised Vornado Realty Trust to a “sell” rating in a research report on Saturday, July 20th. Truist Financial upped their target price on Vornado Realty Trust from $26.00 to $31.00 and gave the company a “hold” rating in a research report on Tuesday, August 27th. Finally, Piper Sandler reiterated a “neutral” rating and issued a $44.00 target price (up from $30.00) on shares of Vornado Realty Trust in a report on Friday, October 18th. Four analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $32.80.

Vornado Realty Trust Company Profile

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