Vornado Realty Trust (VNO) Stock Forecast, Price Target & Predictions


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VNO Stock Forecast


Vornado Realty Trust stock forecast is as follows: an average price target of $34.13 (represents a -9.23% downside from VNO’s last price of $37.60) 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 $34.13 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $40.00 to $24.00. This represents a potential -9.23% downside from VNO's last price of $37.60.

VNO Analyst Ratings


Hold

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 27, 2024Michael LewisTruist Financial$31.00$34.20-9.36%-17.55%
Aug 20, 2024Steve SakwaEvercore ISI$38.00$32.9415.36%1.06%
Aug 08, 2024Alexander GoldfarbPiper Sandler$30.00$30.00--20.21%
Aug 08, 2024John KimBMO Capital$40.00$30.0033.33%6.38%
Jun 12, 2024John KimBMO Capital$29.00$23.7622.05%-22.87%
May 29, 2024Ronald KamdemMorgan Stanley$24.00$22.665.91%-36.17%
May 13, 2024Alexander GoldfarbPiper Sandler$22.00$24.34-9.61%-41.49%
Mar 28, 2024Ronald KamdemMorgan Stanley$26.00$27.48-5.39%-30.85%
Jul 30, 2022Derek JohnstonDeutsche Bank$33.00$30.398.59%-12.23%
Apr 22, 2022-Mizuho Securities$38.00$41.93-9.37%1.06%
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The latest Vornado Realty Trust stock forecast, released on Aug 27, 2024 by Michael Lewis from Truist Financial, set a price target of $31.00, which represents a -9.36% decrease from the stock price at the time of the forecast ($34.20), and a -17.55% decrease from VNO last price ($37.60).

Vornado Realty Trust Price Target by Period


1M3M12M
# Anlaysts248
Avg Price Target$34.50$34.75$30.00
Last Closing Price$37.60$37.60$37.60
Upside/Downside-8.24%-7.58%-20.21%

In the current month, the average price target of Vornado Realty Trust stock is $34.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a -8.24% decrease as opposed to Vornado Realty Trust's last price of $37.60. This month's average price target is down -0.72% compared to last quarter, and up 15.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 04, 2024ScotiabankSector PerformSector PerformHold
Aug 28, 2024Evercore ISIOutperformOutperformHold
Aug 20, 2024Evercore ISIUnderperformOutperformUpgrade
Aug 16, 2024Evercore ISIUnderperformUnderperformHold
Aug 14, 2024BarclaysUnderweightUnderweightHold
Aug 08, 2024Piper SandlerUnderweightNeutralUpgrade
Aug 08, 2024BMO CapitalMarket PerformOutperformUpgrade
Aug 07, 2024Compass PointNeutralNeutralHold
Jun 12, 2024BMO CapitalMarket PerformMarket PerformHold
May 29, 2024Morgan StanleyEqual-WeightEqual-WeightHold
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Vornado Realty Trust's last stock rating was published by Scotiabank on Sep 04, 2024. The company gave VNO a "Sector Perform" rating, the same as its previous rate.

Vornado Realty Trust Financial Forecast


Vornado Realty Trust Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$441.89M$451.00M$472.36M$445.92M$446.94M$457.43M-$442.13M$421.08M$409.21M$378.94M$379.98M$376.43M$363.96M$343.03M$444.53M$460.97M$465.96M
Avg Forecast$497.86M$490.01M$481.61M$475.76M$468.25M$463.45M$461.13M$456.82M$445.95M$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$508.68M$500.67M$492.09M$486.11M$478.44M$473.53M$471.16M$466.76M$455.65M$457.59M$448.83M$455.87M$459.87M$457.08M$451.37M$461.38M$465.68M$461.52M$431.44M$441.43M$430.23M$392.70M$390.75M$397.04M$376.57M$373.98M$377.55M$440.55M$472.90M$473.11M
Low Forecast$485.14M$477.49M$469.31M$463.61M$456.29M$451.61M$449.35M$445.15M$434.56M$436.75M$428.05M$434.77M$446.34M$449.24M$430.48M$440.03M$444.12M$440.16M$431.44M$418.14M$407.53M$371.97M$370.13M$376.09M$356.69M$354.25M$357.62M$417.30M$447.94M$448.14M
# Analysts4444333345436422111122271010101066
Surprise %------------0.97%0.99%1.07%0.99%0.98%1.01%-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 $434.77M, and a high forecast of $455.87M. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444333345436422111122271010101066
EBITDA------------$152.39M$-157.31M$258.03M$-176.94M$-332.51M$238.63M-$219.12M$228.83M$197.86M$190.38M$175.41M$222.55M$56.80M$-161.28M$179.69M$226.72M$238.41M
Avg Forecast$228.78M$225.18M$221.32M$218.63M$215.18M$212.97M$211.90M$209.93M$204.93M$204.52M$201.86M$277.21M$208.55M$208.53M$203.01M$252.01M$209.44M$211.86M$198.26M$229.10M$366.84M$192.60M$209.02M$176.85M$-24.38M$350.42M$-132.90M$294.52M$319.72M$297.75M
High Forecast$233.76M$230.07M$226.13M$223.38M$219.86M$217.60M$216.51M$214.49M$209.39M$210.28M$206.25M$332.65M$211.32M$210.05M$207.42M$302.41M$214.00M$254.23M$198.26M$274.92M$440.21M$231.12M$250.83M$182.45M$-19.50M$420.51M$-106.32M$353.42M$383.66M$357.30M
Low Forecast$222.94M$219.42M$215.66M$213.04M$209.68M$207.53M$206.49M$204.56M$199.69M$200.70M$196.71M$221.76M$205.11M$206.44M$197.82M$201.60M$204.09M$169.49M$198.26M$183.28M$293.47M$154.08M$167.22M$172.83M$-29.25M$280.34M$-159.48M$235.61M$255.77M$238.20M
Surprise %------------0.73%-0.75%1.27%-0.70%-1.59%1.13%-0.96%0.62%1.03%0.91%0.99%-9.13%0.16%1.21%0.61%0.71%0.80%

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444333345436422111122271010101066
Net Income------------$-45.48M$52.85M$61.91M$5.17M$-525.00M$23.30M-$42.01M$31.96M$63.52M$64.51M$20.55M$-208.73M$65.70M$-185.22M$-104.50M$160.62M$335.44M
Avg Forecast$40.83M$3.89M$-1.94M-$31.10M$-5.83M$-15.55M$-9.72M$6.41M$-7.40M$-11.90M$35.24M$1.39M$12.64M$18.55M$32.04M$8.65M$70.84M$33.76M$29.13M$41.56M$64.40M$64.51M$55.48M$-135.44M$90.67M$-762.64M$28.34M$172.64M$193.29M
High Forecast$41.98M$4.00M$-1.88M-$31.98M$-5.64M$-15.04M$-9.40M$6.59M$-6.67M$-11.51M$42.29M$1.46M$12.99M$19.07M$38.45M$8.90M$85.01M$33.76M$34.95M$49.87M$77.29M$77.41M$66.58M$-108.35M$108.80M$-610.11M$34.01M$207.17M$231.95M
Low Forecast$39.47M$3.76M$-2.00M-$30.07M$-6.00M$-15.99M$-10.00M$6.19M$-7.98M$-12.24M$28.19M$1.31M$12.22M$17.93M$25.63M$8.36M$56.68M$33.76M$23.30M$33.24M$51.52M$51.61M$44.39M$-162.53M$72.53M$-915.17M$22.67M$138.11M$154.63M
Surprise %-------------32.83%4.18%3.34%0.16%-60.69%0.33%-1.44%0.77%0.99%1.00%0.37%1.54%0.72%0.24%-3.69%0.93%1.74%

Vornado Realty Trust's average Quarter net income forecast for Dec 23 is $1.39M, with a range of $1.31M to $1.46M. VNO's average Quarter net income forecast represents a -97.38% decrease compared to the company's last Quarter net income of $52.85M (Sep 23).

Vornado Realty Trust SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444333345436422111122271010101066
SG&A------------$46.04M$35.84M$39.41M$41.59M$31.44M$29.17M-$41.22M$34.20M$25.55M$30.60M$44.19M$61.25M$32.41M$35.01M$52.83M$39.79M$33.24M
Avg Forecast$45.40M$44.69M$43.92M$43.39M$42.70M$42.26M$42.05M$41.66M$40.67M$40.59M$40.06M$54.86M$41.39M$41.38M$40.29M$49.87M$41.56M$28.50M$39.34M$45.34M$51.85M$25.91M$30.60M$119.30M$42.55M$44.72M$144.17M$85.59M$33.39M$19.15M
High Forecast$46.39M$45.66M$44.88M$44.33M$43.63M$43.18M$42.97M$42.57M$41.55M$41.73M$40.93M$65.83M$41.94M$41.68M$41.16M$59.85M$42.47M$34.20M$39.34M$54.41M$62.22M$31.09M$36.72M$143.16M$51.06M$53.67M$173.00M$102.71M$40.07M$22.98M
Low Forecast$44.24M$43.54M$42.80M$42.28M$41.61M$41.18M$40.98M$40.59M$39.63M$39.83M$39.04M$43.89M$40.70M$40.97M$39.26M$39.90M$40.50M$22.80M$39.34M$36.27M$41.48M$20.73M$24.48M$95.44M$34.04M$35.78M$115.34M$68.47M$26.71M$15.32M
Surprise %------------1.11%0.87%0.98%0.83%0.76%1.02%-0.91%0.66%0.99%1.00%0.37%1.44%0.72%0.24%0.62%1.19%1.74%

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444333345436422111122271010101066
EPS------------$-0.24$0.28$0.24$0.03$-2.74$0.04-$0.14$0.17$0.20$0.25$0.02$-1.09$0.28$-1.14$-0.55$0.84$1.69
Avg Forecast$0.21$0.02$-0.01-$0.16$-0.03$-0.08$-0.05$0.03$-0.04$-0.06$-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$0.22$0.02$-0.01-$0.16$-0.03$-0.08$-0.05$0.03$-0.03$-0.06$-0.02$0.01$0.07$0.10$-0.05$0.05$0.12$0.18$0.10$0.28$0.27$0.21$0.09$-0.07$0.89$0.42$0.16$0.88$0.25
Low Forecast$0.20$0.02$-0.01-$0.15$-0.03$-0.08$-0.05$0.03$-0.04$-0.06$-0.02$0.01$0.06$0.09$-0.06$0.04$0.11$0.18$0.09$0.26$0.25$0.20$0.08$-0.08$0.83$0.39$0.15$0.82$0.23
Surprise %-------------33.68%4.31%2.52%-0.50%-61.57%0.34%-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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
HPPHudson Pacific Properties$5.07$13.76171.40%Hold
KRCKilroy Realty$38.46$58.9053.15%Buy
BDNBrandywine Realty Trust$5.38$7.8846.47%Hold
DEIDouglas Emmett$16.80$22.6734.94%Hold
BXPBoston Properties$80.41$89.0010.68%Buy
AREAlexandria Real Estate Equities$124.01$136.5010.07%Hold
CUZCousins Properties$28.97$31.298.01%Buy
HIWHighwoods Properties$32.71$33.251.65%Hold
SLGSL Green Realty$69.21$67.15-2.98%Hold
VNOVornado Realty Trust$37.60$34.13-9.23%Hold

VNO Forecast FAQ


No, according to 10 Wall Street analysts, Vornado Realty Trust (VNO) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 30.00% of VNO's total ratings.

Vornado Realty Trust (VNO) average price target is $34.13 with a range of $24 to $40, implying a -9.23% from its last price of $37.6. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for VNO stock, the company can go down by -9.23% (from the last price of $37.6 to the average price target of $34.13), up by 6.38% based on the highest stock price target, and down by -36.17% based on the lowest stock price target.

VNO's average twelve months analyst stock price target of $34.13 does not support the claim that Vornado Realty Trust can reach $60 in the near future.

2 Wall Street analysts forecast a $34.5 price target for Vornado Realty Trust (VNO) this month, down -8.24% from its last price of $37.6. Compared to the last 3 and 12 months, the average price target decreased by -7.58% and decreased by -20.21%, respectively.

Vornado Realty Trust's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.85B (high $1.89B, low $1.8B), average EBITDA is $849.98M (high $868.47M, low $828.26M), average net income is $0 (high $1.91M, low $-1.912M), average SG&A $168.68M (high $172.34M, low $164.37M), and average EPS is $0 (high $0.00983, low $-0.00983). VNO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.95B (high $1.99B, low $1.9B), average EBITDA is $893.9M (high $913.34M, low $871.07M), average net income is $42.77M (high $44.1M, low $41.23M), average SG&A $177.39M (high $181.25M, low $172.86M), and average EPS is $0.22 (high $0.227, low $0.212).

Based on Vornado Realty Trust's last annual report (Dec 2023), the company's revenue was $1.81B, beating the average analysts forecast of $1.8B by 0.57%. Apple's EBITDA was $823.51M, missing the average prediction of $872.09M by -5.57%. The company's net income was $105.49M, beating the average estimation of $64.61M by 63.29%. Apple's SG&A was $162.88M, missing the average forecast of $172.92M by -5.81%. Lastly, the company's EPS was $0.23, beating the average prediction of $0.113 by 103.15%. In terms of the last quarterly report (Dec 2023), Vornado Realty Trust's revenue was $441.89M, missing the average analysts' forecast of $453.82M by -2.63%. The company's EBITDA was $152.39M, missing the average prediction of $208.55M by -26.93%. Vornado Realty Trust's net income was $-45.484M, missing the average estimation of $1.39M by -3383.26%. The company's SG&A was $46.04M, beating the average forecast of $41.39M by 11.25%. Lastly, the company's EPS was $-0.24, missing the average prediction of $0.00713 by -3467.95%