Vornado Realty Trust (VNO) Stock Forecast, Price Target & Predictions
VNO Stock Forecast
Vornado Realty Trust stock forecast is as follows: an average price target of $35.00 (represents a -14.59% downside from VNO’s last price of $40.98) and a rating consensus of 'Hold', based on 10 wall street analysts offering a 1-year stock forecast.
VNO Price Target
The average price target for Vornado Realty Trust (VNO) is $35.00 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $45.00 to $24.00. This represents a potential -14.59% downside from VNO's last price of $40.98.
VNO Analyst Ratings
According to 10 Wall Street analysts, Vornado Realty Trust's rating consensus is 'Hold'. The analyst rating breakdown for VNO stock is 0 'Strong Buy' (0.00%), 3 'Buy' (30.00%), 6 'Hold' (60.00%), 1 'Sell' (10.00%), and 0 'Strong Sell' (0.00%).
Vornado Realty Trust Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 06, 2024 | Steve Sakwa | Evercore ISI | $45.00 | $41.85 | 7.53% | 9.81% |
| Aug 27, 2024 | Michael Lewis | Truist Financial | $31.00 | $34.20 | -9.36% | -24.35% |
| Aug 20, 2024 | Steve Sakwa | Evercore ISI | $38.00 | $32.94 | 15.36% | -7.27% |
| Aug 08, 2024 | Alexander Goldfarb | Piper Sandler | $30.00 | $30.00 | - | -26.79% |
| Aug 08, 2024 | John Kim | BMO Capital | $40.00 | $30.00 | 33.33% | -2.39% |
| Jun 12, 2024 | John Kim | BMO Capital | $29.00 | $23.76 | 22.05% | -29.23% |
| May 29, 2024 | Ronald Kamdem | Morgan Stanley | $24.00 | $22.66 | 5.91% | -41.43% |
| May 13, 2024 | Alexander Goldfarb | Piper Sandler | $22.00 | $24.34 | -9.61% | -46.32% |
| Mar 28, 2024 | Ronald Kamdem | Morgan Stanley | $26.00 | $27.48 | -5.39% | -36.55% |
| Jul 30, 2022 | Derek Johnston | Deutsche Bank | $33.00 | $30.39 | 8.59% | -19.47% |
The latest Vornado Realty Trust stock forecast, released on Nov 06, 2024 by Steve Sakwa from Evercore ISI, set a price target of $45.00, which represents a 7.53% increase from the stock price at the time of the forecast ($41.85), and a 9.81% increase from VNO last price ($40.98).
Vornado Realty Trust Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 9 |
| Avg Price Target | $45.00 | $38.00 | $31.67 |
| Last Closing Price | $40.98 | $40.98 | $40.98 |
| Upside/Downside | 9.81% | -7.27% | -22.72% |
In the current month, the average price target of Vornado Realty Trust stock is $45.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 9.81% increase as opposed to Vornado Realty Trust's last price of $40.98. This month's average price target is up 18.42% compared to last quarter, and up 42.09% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 18, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Sep 04, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Aug 28, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Aug 20, 2024 | Evercore ISI | Underperform | Outperform | Upgrade |
| Aug 16, 2024 | Evercore ISI | Underperform | Underperform | Hold |
| Aug 14, 2024 | Barclays | Underweight | Underweight | Hold |
| Aug 08, 2024 | Piper Sandler | Underweight | Neutral | Upgrade |
| Aug 08, 2024 | BMO Capital | Market Perform | Outperform | Upgrade |
| Aug 07, 2024 | Compass Point | Neutral | Neutral | Hold |
| Jun 12, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
Vornado Realty Trust's last stock rating was published by Piper Sandler on Oct 18, 2024. The company gave VNO a "Neutral" rating, the same as its previous rate.
Vornado Realty Trust Financial Forecast
Vornado Realty Trust Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $441.89M | $451.00M | $472.36M | $445.92M | $446.94M | $457.43M | $453.49M | $442.13M | $421.08M | $409.21M | $378.94M | $379.98M | $376.43M | $363.96M | $343.03M | $444.53M | $460.97M | $465.96M |
| Avg Forecast | $497.28M | $489.40M | $481.03M | $475.23M | $467.60M | $464.05M | $462.73M | $459.63M | $449.45M | $445.07M | $439.28M | $446.17M | $453.82M | $453.79M | $441.76M | $451.56M | $455.77M | $451.70M | $431.44M | $427.86M | $417.01M | $380.62M | $378.74M | $384.84M | $364.99M | $362.49M | $365.94M | $427.01M | $458.36M | $458.56M |
| High Forecast | $507.46M | $499.43M | $490.88M | $484.96M | $477.17M | $473.55M | $472.20M | $473.50M | $461.88M | $447.71M | $439.28M | $455.30M | $459.87M | $457.08M | $450.81M | $460.81M | $465.10M | $451.70M | $431.44M | $427.86M | $417.01M | $380.62M | $378.74M | $384.84M | $364.99M | $362.49M | $365.94M | $427.01M | $458.36M | $458.56M |
| Low Forecast | $487.62M | $479.90M | $471.69M | $466.01M | $458.52M | $455.04M | $453.74M | $447.15M | $437.59M | $442.43M | $439.28M | $437.51M | $446.34M | $449.24M | $433.19M | $442.80M | $446.92M | $451.70M | $431.44M | $427.86M | $417.01M | $380.62M | $378.74M | $384.84M | $364.99M | $362.49M | $365.94M | $427.01M | $458.36M | $458.56M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 3 | 3 | 6 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 4 | 5 | 4 | 4 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 0.99% | 1.07% | 0.99% | 0.98% | 1.01% | 1.05% | 1.03% | 1.01% | 1.08% | 1.00% | 0.99% | 1.03% | 1.00% | 0.94% | 1.04% | 1.01% | 1.02% |
Vornado Realty Trust's average Quarter revenue forecast for Mar 24 based on 3 analysts is $446.17M, with a low forecast of $437.51M, and a high forecast of $455.30M. VNO's average Quarter revenue forecast represents a 0.97% increase compared to the company's last Quarter revenue of $441.89M (Dec 23).
Vornado Realty Trust EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 3 | 3 | 6 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 4 | 5 | 4 | 4 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $152.39M | $-157.31M | $258.03M | $-176.94M | $-332.51M | $238.63M | $225.63M | $219.12M | $228.83M | $197.86M | $190.38M | $175.41M | $222.55M | $56.80M | $-161.28M | $179.69M | $226.72M | $238.41M |
| Avg Forecast | $233.73M | $230.03M | $226.10M | $223.37M | $219.78M | $218.11M | $217.49M | $216.04M | $211.25M | $209.19M | $206.47M | $277.21M | $213.31M | $213.29M | $207.64M | $252.01M | $403.52M | $207.57M | $198.26M | $229.10M | $191.63M | $174.91M | $174.04M | $176.85M | $167.73M | $166.57M | $168.16M | $294.52M | $210.63M | $210.73M |
| High Forecast | $238.52M | $234.74M | $230.73M | $227.94M | $224.28M | $222.58M | $221.95M | $222.56M | $217.10M | $210.43M | $206.47M | $332.65M | $216.15M | $214.84M | $211.89M | $302.41M | $484.23M | $207.57M | $198.26M | $274.92M | $191.63M | $174.91M | $174.04M | $176.85M | $167.73M | $166.57M | $168.16M | $353.42M | $210.63M | $210.73M |
| Low Forecast | $229.19M | $225.57M | $221.71M | $219.03M | $215.52M | $213.88M | $213.27M | $210.17M | $205.68M | $207.95M | $206.47M | $221.76M | $209.79M | $211.16M | $203.61M | $201.60M | $322.82M | $207.57M | $198.26M | $183.28M | $191.63M | $174.91M | $174.04M | $176.85M | $167.73M | $166.57M | $168.16M | $235.61M | $210.63M | $210.73M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.71% | -0.74% | 1.24% | -0.70% | -0.82% | 1.15% | 1.14% | 0.96% | 1.19% | 1.13% | 1.09% | 0.99% | 1.33% | 0.34% | -0.96% | 0.61% | 1.08% | 1.13% |
3 analysts predict VNO's average Quarter EBITDA for Mar 24 to be $277.21M, with a high of $332.65M and a low of $221.76M. This is 81.90% upper than Vornado Realty Trust's previous annual EBITDA (Dec 23) of $152.39M.
Vornado Realty Trust Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 3 | 3 | 6 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 4 | 5 | 4 | 4 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-45.48M | $52.85M | $61.91M | $5.17M | $-525.00M | $23.30M | $65.95M | $42.01M | $31.96M | $63.52M | $64.51M | $20.55M | $-208.73M | $65.70M | $-185.22M | $-104.50M | $160.62M | $335.44M |
| Avg Forecast | $20.96M | $9.53M | $-3.81M | - | $-952.78K | $-3.81M | $-11.43M | $-8.58M | $-4.71M | $-9.91M | $-11.67M | $35.24M | $1.36M | $12.39M | $18.18M | $32.04M | $45.71M | $22.87M | $34.47M | $29.13M | $52.43M | $49.51M | $39.97M | $55.48M | $-14.55M | $165.81M | $78.94M | $28.34M | $164.31M | $46.37M |
| High Forecast | $21.52M | $9.78M | $-3.71M | - | $-928.73K | $-3.71M | $-11.14M | $-7.89M | $-3.88M | $-9.66M | $-11.37M | $42.29M | $1.43M | $12.72M | $18.66M | $38.45M | $54.85M | $22.87M | $34.47M | $34.95M | $52.43M | $49.51M | $39.97M | $66.58M | $-14.55M | $165.81M | $78.94M | $34.01M | $164.31M | $46.37M |
| Low Forecast | $20.43M | $9.29M | $-3.91M | - | $-978.14K | $-3.91M | $-11.74M | $-9.26M | $-5.17M | $-10.18M | $-11.98M | $28.19M | $1.29M | $12.07M | $17.72M | $25.63M | $36.57M | $22.87M | $34.47M | $23.30M | $52.43M | $49.51M | $39.97M | $44.39M | $-14.55M | $165.81M | $78.94M | $22.67M | $164.31M | $46.37M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -33.50% | 4.27% | 3.41% | 0.16% | -11.49% | 1.02% | 1.91% | 1.44% | 0.61% | 1.28% | 1.61% | 0.37% | 14.35% | 0.40% | -2.35% | -3.69% | 0.98% | 7.23% |
Vornado Realty Trust's average Quarter net income forecast for Dec 23 is $1.36M, with a range of $1.29M to $1.43M. VNO's average Quarter net income forecast represents a -97.43% decrease compared to the company's last Quarter net income of $52.85M (Sep 23).
Vornado Realty Trust SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 3 | 3 | 6 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 4 | 5 | 4 | 4 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $46.04M | $35.84M | $39.41M | $41.59M | $31.44M | $29.17M | $31.90M | $41.22M | $34.20M | $25.55M | $30.60M | $44.19M | $61.25M | $32.41M | $35.01M | $52.83M | $39.79M | $33.24M |
| Avg Forecast | $45.35M | $44.63M | $43.87M | $43.34M | $42.64M | $42.32M | $42.20M | $41.92M | $40.99M | $40.59M | $40.06M | $54.86M | $41.39M | $41.38M | $40.29M | $49.87M | $57.03M | $41.19M | $39.34M | $45.34M | $38.03M | $34.71M | $34.54M | $119.30M | $33.28M | $33.06M | $33.37M | $85.59M | $41.80M | $41.82M |
| High Forecast | $46.28M | $45.54M | $44.77M | $44.23M | $43.51M | $43.18M | $43.06M | $43.18M | $42.12M | $40.83M | $40.06M | $65.83M | $41.94M | $41.68M | $41.11M | $59.85M | $68.44M | $41.19M | $39.34M | $54.41M | $38.03M | $34.71M | $34.54M | $143.16M | $33.28M | $33.06M | $33.37M | $102.71M | $41.80M | $41.82M |
| Low Forecast | $44.47M | $43.76M | $43.02M | $42.50M | $41.81M | $41.50M | $41.38M | $40.78M | $39.91M | $40.35M | $40.06M | $43.89M | $40.70M | $40.97M | $39.50M | $39.90M | $45.62M | $41.19M | $39.34M | $36.27M | $38.03M | $34.71M | $34.54M | $95.44M | $33.28M | $33.06M | $33.37M | $68.47M | $41.80M | $41.82M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.11% | 0.87% | 0.98% | 0.83% | 0.55% | 0.71% | 0.81% | 0.91% | 0.90% | 0.74% | 0.89% | 0.37% | 1.84% | 0.98% | 1.05% | 0.62% | 0.95% | 0.79% |
Vornado Realty Trust's average Quarter SG&A projection for Mar 24 is $54.86M, based on 3 Wall Street analysts, with a range of $43.89M to $65.83M. The forecast indicates a 19.15% rise compared to VNO last annual SG&A of $46.04M (Dec 23).
Vornado Realty Trust EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 3 | 3 | 6 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 4 | 5 | 4 | 4 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.24 | $0.28 | $0.24 | $0.03 | $-2.74 | $0.04 | $0.26 | $0.14 | $0.17 | $0.20 | $0.25 | $0.02 | $-1.09 | $0.28 | $-1.14 | $-0.55 | $0.84 | $1.69 |
| Avg Forecast | $0.11 | $0.05 | $-0.02 | - | $-0.01 | $-0.02 | $-0.06 | $-0.04 | $-0.02 | $-0.05 | $-0.06 | $-0.02 | $0.01 | $0.06 | $0.10 | $-0.05 | $0.04 | $0.12 | $0.18 | $0.09 | $0.27 | $0.25 | $0.21 | $0.08 | $-0.07 | $0.85 | $0.41 | $0.15 | $0.85 | $0.24 |
| High Forecast | $0.11 | $0.05 | $-0.02 | - | $-0.00 | $-0.02 | $-0.06 | $-0.04 | $-0.02 | $-0.05 | $-0.06 | $-0.02 | $0.01 | $0.07 | $0.10 | $-0.05 | $0.05 | $0.12 | $0.18 | $0.09 | $0.27 | $0.25 | $0.21 | $0.08 | $-0.07 | $0.85 | $0.41 | $0.15 | $0.85 | $0.24 |
| Low Forecast | $0.11 | $0.05 | $-0.02 | - | $-0.01 | $-0.02 | $-0.06 | $-0.05 | $-0.03 | $-0.05 | $-0.06 | $-0.02 | $0.01 | $0.06 | $0.09 | $-0.06 | $0.04 | $0.12 | $0.18 | $0.09 | $0.27 | $0.25 | $0.21 | $0.08 | $-0.07 | $0.85 | $0.41 | $0.15 | $0.85 | $0.24 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -33.68% | 4.31% | 2.52% | -0.50% | -61.57% | 0.34% | 1.47% | 1.49% | 0.63% | 0.79% | 1.22% | 0.24% | 14.57% | 0.33% | -2.81% | -3.67% | 0.99% | 7.09% |
According to 6 Wall Street analysts, Vornado Realty Trust's projected average Quarter EPS for Dec 23 is $0.01, with a low estimate of $0.01 and a high estimate of $0.01. This represents a -97.45% decrease compared to VNO previous annual EPS of $0.28 (Sep 23).
Vornado Realty Trust Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HPP | Hudson Pacific Properties | $3.23 | $13.53 | 318.89% | Hold |
| KRC | Kilroy Realty | $38.73 | $59.00 | 52.34% | Buy |
| BDN | Brandywine Realty Trust | $5.39 | $7.88 | 46.20% | Hold |
| ARE | Alexandria Real Estate Equities | $104.31 | $136.50 | 30.86% | Hold |
| DEI | Douglas Emmett | $18.75 | $23.50 | 25.33% | Hold |
| BXP | Boston Properties | $79.56 | $90.53 | 13.79% | Buy |
| HIW | Highwoods Properties | $31.61 | $33.25 | 5.19% | Hold |
| CUZ | Cousins Properties | $31.10 | $31.29 | 0.61% | Buy |
| SLG | SL Green Realty | $77.73 | $73.39 | -5.58% | Hold |
| VNO | Vornado Realty Trust | $40.98 | $35.00 | -14.59% | Hold |