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$26.46 -$0.07 (-0.3%)

12:34 PM EST on 03/04/24

Vornado Realty Trust (NYSE:VNO)

CAPS Rating: 3 out of 5

A fully integrated real estate investment trust that owns and operates office, retail and showroom properties with large concentrations of office and retail properties in the New York City metropolitan area and in the Washington, DC and Northern Virginia.

Current Price $26.46 Mkt Cap $5.1B
Open $26.46 P/E Ratio 119.40
Prev. Close $26.53 Div. (Yield) $0.30 (1.1%)
Daily Range $25.90 - $26.74 Volume 349,206
52-Wk Range $12.31 - $32.21 Avg. Daily Vol. 2,635,312

Caps

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All Players

170 Outperform
204 Underperform
 

All-Star Players

24 Outperform
35 Underperform
 

Wall Street

0 Outperform
0 Underperform
 

Top NYSE:VNO Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

mericanbull (< 20)
Submitted October 16, 2006

Great properties and location, location, location!

JohnMcCloy (< 20)
Submitted September 21, 2009

I said short them at 70 last year they went to the 20'sI reco shorting them now. Just take a look at Tishman Speyer and their imminent default of a 6 billion dollar deal.Incredible Cash burn.VNO was just paying divis in stock..dilutingManhattan real… More

Recent Community Commentary

Read the most recent pitches from players about VNO.

Recs

0
Member Avatar valunvesthere (97.39) Submitted: 8/15/2023 11:58:37 PM : Outperform Start Price: $21.20 NYSE:VNO Score: +8.54

In the 2007 film Live Free or Die Hard, the fourth installment of the Die-Hard franchise. The writers concocted a redefined term," Fire Sale" which means," everything must go" where the terrorists perform a full-scale cyber warfare attack to be carried out in a three-prong methodical attack on the county's computer framework.

* First - wreaking havoc in the transportation's infrastructure
* Second - enabling chaos in the financial organizations
* Third - sabotage the utilities architecture

Now to get back to the pitch, the World Health Organization (W.H.O.) announced the end of COVID-19 as a worldwide public health emergency on May 5,2023. The United States President ended the country's COVID-19 as public health emergency declaration on May 11,2023. Canada ended its Country's COVID-19 as public health emergency on the same date as the World Health Organization (W.H.O.) announced theirs on May 5,2023.

Now to get to the topic, majority of corporate, government, institution and etc. whether private or public has issued back to work in office order and has begun ceasing remote work option, while some have headed back to the office many has challenged the order, and some has resorted to litigation resulting in underutilized office and commercial (food services) spaces.

I guess in the end it'll bite the employees when it's time to meet the employers in negotiating wage increase, benefits, duties, and etc. also especially advancements in promotions. In the long run as soon as more office workers are trained to do specialized work that remain in the office those who wish to work remotely will have no choice but to return to office as remote work is phased out.

Another factor that will end remote work indefinitely is when government agencies like C.I.A., F.B.I., N.S.A, and etc. in the United States or C.S.I.S. and etc. in Canada suggests in a matter of securing personnel and enhancing information technology security it's mandatory to operate in a centralized system (office buildings) which is much easier to secure than remote system (spread out and scattered about operations) where securing personnel and information technology security is very questionable.

other REIT - Office picks

* Boston Properties, Inc. (NYSE:BXP)
* City Office REIT (NYSE:CIO)
* Corporate Office Properties Trust (NYSE:OFC)
* Cousins Pptys Inc (NYSE:CUZ)
* Equity Commonwealth (NYSE:EQC)
* Franklin Street Properties Corp. (NYSEMKT:FSP)
* Highwoods Properties, Inc. (NYSE:HIW)
* Kilroy Realty Corp (NYSE:KRC)
* Paramount Group (NYSE:PGRE)
* Piedmont Office Realty Trust (NYSE:PDM)
* SL Green Realty Corp. (NYSE:SLG)

REIT - Office wish picks not ratable on Motley Fool at time of writing

* Creative Media & Community Trust Corporation (NASDAQ:CMCT)
* Office Properties Income Trust (NASDAQ:OPI)
* Orion Office REIT Inc. (NYSE:ONL)

Recs

0
Member Avatar sharptopbear (62.24) Submitted: 2/4/2022 12:35:22 PM : Outperform Start Price: $37.03 NYSE:VNO Score: -43.16

New York will recover. VNO real estate is some of the most valuable in the world.

Recs

0
Member Avatar ERojo (< 20) Submitted: 2/25/2020 11:11:46 AM : Outperform Start Price: $48.90 NYSE:VNO Score: -108.34

US-based REIT that owns approximately 24 million square feet of office, street retail, and multi-family space in New York City (“NYC”)—as well as nearly 5 million square feet of marquee properties through its ownership of the Merchandise Mart in Chicago and 555 California in San Francisco.
The portfolio is approximately 97% leased, generates nearly $1.0 billion of cash flow annually, with approximately 50% of the NYC value located in the Penn Station sub-market after a multi-year effort to divest non-core assets and spin-off its strip center and Washington, D.C. office platforms into separately-listed businesses (i.e., Urban Edge and JBG Smith Properties, respectively).
It is going to be a big winner from the migration of office tenants to
the west side of Manhattan.
Approximately 25 million square feet of commercial and residential space has been added to this area in recent years through the build out of Hudson Yards and Manhattan West. Further, the success of these projects has shifted the center of gravity in Manhattan, placing the Penn Station sub-market as a critical hub for decades to come—something that will be solidified further if NYC follows through with its announced plans of adding 8 tracks
to Penn Station increasing capacity by another 40%.
Key Holdings in the Penn Station area: Penn One, Penn Two, the Farley Post Office.
Other holdings within the area: Hotel Penn (a 3-star hotel in a 5-star location) that is adjacent to Penn Station and approved for more than 2 million square feet of office development should the right tenant materialize.

Leaderboard

Find the members with the highest scoring picks in VNO.

Score Leader

jester112358

jester112358 (26.37) Score: +592.81

The Score Leader is the player with the highest score across all their picks in VNO.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
Index
Gain
Score Commentary
epc53 83.48 3/9/2009 Underperform NS $15.13 +74.25% +657.10% +582.85 0 Comment
jester112358 26.37 3/5/2009 Underperform 3M $15.01 +75.66% +657.54% +581.88 0 Comment
EcklandCapital 20.82 11/21/2008 Underperform NS $20.62 +27.90% +590.97% +563.07 0 Comment
jesusfreakinco 26.91 3/2/2009 3/2/2010 Underperform 5Y $16.83 +56.70% +619.38% +562.68 0 Comment
GavshireHathaway 25.05 11/20/2008 Underperform 5Y $24.97 +5.61% +555.43% +549.82 0 Comment
TMcNasty 93.85 11/20/2008 Underperform 1Y $23.35 +12.92% +556.33% +543.41 0 Comment
outoffocus < 20 2/25/2009 Underperform NS $19.65 +34.17% +576.21% +542.05 0 Comment
clhornsby < 20 3/17/2009 Underperform 3Y $18.57 +42.00% +576.81% +534.81 0 Comment
zoperz 35.08 1/22/2009 Underperform 3M $25.88 +1.90% +535.42% +533.53 0 Comment
HockeyD 46.09 1/22/2009 Underperform NS $26.24 +0.49% +532.88% +532.39 0 Comment

Wall Street

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There are no Wall Street tracker picks for VNO.