Vornado Realty Trust (NYSE:VNO) had declared a cash dividend of $0.6300 on Jul 28, 2016. The shares will quote ex-dividend on Aug 5, 2016 and the record date has been fixed for Aug 9, 2016. On Jul 28, 2016 share price, the yield comes out to be 2.3884%. The dividend payable date has been fixed on Aug 19, 2016.
In a different note, On Jul 19, 2016, Barclays said it Maintains its rating on Vornado Realty Trust. In the research note, the firm Raises the price-target to $103.00 per share. The shares have been rated ‘Equalweight’ by the firm. On Jul 7, 2016, Citigroup said it Maintains its rating on Vornado Realty Trust. In the research note, the firm Raises the price-target to $106.00 per share. The shares have been rated ‘Buy’ by the firm. On May 16, 2016, Evercore ISI Group said it Upgrades its rating on Vornado Realty Trust. The shares have been rated ‘Buy’ by the firm. On May 16, 2016, Deutsche Bank said it Maintains its rating on Vornado Realty Trust. In the research note, the firm Raises the price-target to $97.00 per share. The shares have been rated ‘Hold’ by the firm.
Vornado Realty Trust (VNO) shares turned negative on Thursdays trading session with the shares closing down -0.25 points or -0.24% at a volume of 8,32,398. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $105.04. The peak price level was also seen at $105.04 while the days lowest was $104.32. Finally the shares closed at $104.75. The 52-week high of the shares is $108.69 while the 52-week low is $78.91. According to the latest information available, the market cap of the company is $19,779 M.
Vornado Realty Trust(VNO) last announced its earnings results on May 2, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $613.04M. Analysts had an estimated revenue of $635.18M. Earnings per share were $1.08. Analysts had estimated an EPS of $1.22.
Several Insider Transactions has been reported to the SEC. On Sep 24, 2015, Joseph Macnow (EVP-Finance, Chief Admin. Of) sold 4,500 shares at $25.08 per share price.Also, On Aug 26, 2015, Russell B Jr Wight (director) purchased 2,000 shares at $88.20 per share price.
Vornado Realty Trust (Vornado) is a fully integrated real estate investment trust (REIT). The Company conducts its business through and substantially all of its interests in properties are held by Vornado Realty L.P. (the Operating Partnership). The Company is the sole general partner of and owned approximately 94.1% of the common limited partnership interest in the Operating Partnership. The Company’s segments include New York Washington DC and Toys “R” Us (Toys). The Company’s other investments includes The Mart 555 California Street Vornado Capital Partners Real Estate Fund and Toys “R” Us Inc. The Company is the general partner and investment manager of Vornado Capital Partners Real Estate Fund.