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 $38.75 (represents a -6.65% downside from VNO’s last price of $41.51) 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 $38.75 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 $30.00. This represents a potential -6.65% downside from VNO's last price of $41.51.
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 |
|---|---|---|---|---|---|---|
| Dec 03, 2024 | Michael Lewis | Truist Financial | $40.00 | $43.56 | -8.17% | -3.64% |
| Nov 06, 2024 | Steve Sakwa | Evercore ISI | $45.00 | $41.85 | 7.53% | 8.41% |
| Aug 27, 2024 | Michael Lewis | Truist Financial | $31.00 | $34.20 | -9.36% | -25.32% |
| Aug 20, 2024 | Steve Sakwa | Evercore ISI | $38.00 | $32.94 | 15.36% | -8.46% |
| Aug 08, 2024 | Alexander Goldfarb | Piper Sandler | $30.00 | $30.00 | - | -27.73% |
| Aug 08, 2024 | John Kim | BMO Capital | $40.00 | $30.00 | 33.33% | -3.64% |
| Jun 12, 2024 | John Kim | BMO Capital | $29.00 | $23.76 | 22.05% | -30.14% |
| May 29, 2024 | Ronald Kamdem | Morgan Stanley | $24.00 | $22.66 | 5.91% | -42.18% |
| May 13, 2024 | Alexander Goldfarb | Piper Sandler | $22.00 | $24.34 | -9.61% | -47.00% |
| Mar 28, 2024 | Ronald Kamdem | Morgan Stanley | $26.00 | $27.48 | -5.39% | -37.36% |
| Jul 30, 2022 | Derek Johnston | Deutsche Bank | $33.00 | $30.39 | 8.59% | -20.50% |
| Apr 22, 2022 | Mizuho Securities | $38.00 | $41.93 | -9.37% | -8.46% | |
| May 25, 2021 | Caitlin Burrows | Goldman Sachs | $39.00 | $43.95 | -11.26% | -6.05% |
The latest Vornado Realty Trust stock forecast, released on Dec 03, 2024 by Michael Lewis from Truist Financial, set a price target of $40.00, which represents a -8.17% decrease from the stock price at the time of the forecast ($43.56), and a -3.64% decrease from VNO last price ($41.51).
Vornado Realty Trust Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 10 |
| Avg Price Target | $40.00 | $42.50 | $32.50 |
| Last Closing Price | $41.51 | $41.51 | $41.51 |
| Upside/Downside | -3.64% | 2.38% | -21.71% |
In the current month, the average price target of Vornado Realty Trust stock is $40.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -3.64% decrease as opposed to Vornado Realty Trust's last price of $41.51. This month's average price target is down -5.88% compared to last quarter, and up 23.08% 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 |
| May 29, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| May 13, 2024 | Piper Sandler | Underweight | Underweight | Hold |
| Mar 28, 2024 | Morgan Stanley | Underperform | Equal-Weight | Upgrade |
| Mar 28, 2024 | Morgan Stanley | Underweight | Underperform | Upgrade |
| Dec 15, 2023 | BMO Capital | Reduce | Market Perform | Upgrade |
| Apr 18, 2023 | Raymond James | Outperform | Outperform | Hold |
| Apr 18, 2023 | Morgan Stanley | Underweight | Underweight | Hold |
| Mar 21, 2023 | BMO Capital | Reduce | Downgrade | |
| Mar 21, 2023 | Piper Sandler | Neutral | Upgrade | |
| Jan 04, 2023 | Mizuho Securities | Neutral | Upgrade | |
| Jul 30, 2022 | Deutsche Bank | Hold | Hold | 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 | $496.96M | $492.24M | $484.67M | $480.17M | $471.40M | $465.24M | $456.86M | $455.28M | $448.21M | $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 | $504.43M | $499.64M | $491.96M | $487.39M | $478.48M | $472.24M | $463.73M | $466.23M | $459.46M | $447.71M | $439.28M | $452.88M | $459.87M | $457.08M | $448.41M | $458.35M | $462.62M | $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 | $485.93M | $481.31M | $473.92M | $469.52M | $460.94M | $454.92M | $446.73M | $440.56M | $440.44M | $442.43M | $439.28M | $436.27M | $446.34M | $449.24M | $431.96M | $441.54M | $445.65M | $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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 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 $436.27M, and a high forecast of $452.88M. 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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 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 | $233.58M | $231.36M | $227.81M | $225.69M | $221.57M | $218.67M | $214.74M | $213.99M | $210.67M | $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 | $237.09M | $234.84M | $231.23M | $229.08M | $224.90M | $221.96M | $217.96M | $219.14M | $215.96M | $210.43M | $206.47M | $332.65M | $216.15M | $214.84M | $210.76M | $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 | $228.40M | $226.23M | $222.75M | $220.68M | $216.65M | $213.82M | $209.97M | $207.07M | $207.02M | $207.95M | $206.47M | $221.76M | $209.79M | $211.16M | $203.03M | $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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 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 | $21.37M | $9.71M | $-3.70M | - | $-925.30K | $-3.70M | $-11.10M | $-7.55M | $-4.34M | $-9.63M | $-11.33M | $42.29M | $1.43M | $12.63M | $18.53M | $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 | $20.36M | $9.25M | $-3.89M | - | $-971.40K | $-3.89M | $-11.66M | $-10.12M | $-4.98M | $-10.11M | $-11.90M | $28.19M | $1.29M | $12.03M | $17.65M | $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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 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 | $45.32M | $44.89M | $44.20M | $43.79M | $42.99M | $42.43M | $41.66M | $41.52M | $40.87M | $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 | $46.00M | $45.56M | $44.86M | $44.45M | $43.63M | $43.06M | $42.29M | $42.52M | $41.90M | $40.83M | $40.06M | $65.83M | $41.94M | $41.68M | $40.89M | $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 | $44.31M | $43.89M | $43.22M | $42.82M | $42.03M | $41.49M | $40.74M | $40.18M | $40.16M | $40.35M | $40.06M | $43.89M | $40.70M | $40.97M | $39.39M | $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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 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 | $3.13 | $6.75 | 115.65% | Hold |
| ARE | Alexandria Real Estate Equities | $102.31 | $126.75 | 23.89% | Hold |
| BXP | Boston Properties | $80.36 | $83.86 | 4.36% | Buy |
| HIW | Highwoods Properties | $31.25 | $32.50 | 4.00% | Hold |
| SLG | SL Green Realty | $74.11 | $73.27 | -1.13% | Hold |
| CUZ | Cousins Properties | $31.28 | $29.80 | -4.73% | Buy |
| BDN | Brandywine Realty Trust | $5.84 | $5.50 | -5.82% | Hold |
| KRC | Kilroy Realty | $42.03 | $39.50 | -6.02% | Buy |
| DEI | Douglas Emmett | $20.32 | $18.00 | -11.42% | Hold |
| VNO | Vornado Realty Trust | $44.78 | $38.75 | -13.47% | Hold |