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Vornado Realty: PENN District Drives Remarkable Quarter For Leasing Volume (NYSE:VNO)

Does Vornado Realty Trust (VNO) Change Its Manhattan Growth Case With 350 Park Avenue?

Vornado Realty Trust (NYSE:VNO) has partnered with Rudin Management and Kenneth Griffin's affiliate for a new 1.9 million sq ft office development at 350 Park Avenue in Manhattan, with Vornado holding a 36% stake and leading development. This project aligns with Vornado's strategy of …

Related, Vornado Face 'Imminent Default' At 85 10th Ave.

A $396M mortgage tied to the 85 10th Ave. office building, co-owned by Vornado Realty Trust and Related Cos., has been transferred to special servicing due to potential "imminent default" and cash flow concerns. The property, anchored by Google, is 89.9% occupied, but its …

Pacer Advisors Inc. Sells 1,478,726 Shares of Vornado Realty Trust $VNO

Pacer Advisors Inc. significantly reduced its stake in Vornado Realty Trust (NYSE:VNO) by 98.8% in the first quarter, selling over 1.4 million shares and retaining 18,570 shares. Despite missing analyst EPS estimates, Vornado's revenue increased by 4.7% year-over-year, and the company authorized a $300 …

First Trust Advisors LP Decreases Position in Vornado Realty Trust $VNO

First Trust Advisors LP reduced its stake in Vornado Realty Trust (NYSE:VNO) by 64.6% in the first quarter, selling over 41,000 shares. Despite this, other institutional investors have recently acquired positions in Vornado. The company reported mixed quarterly results, missing EPS estimates but exceeding …

Citadel Will Anchor 350 Park Avenue With 15-Year, 1.05M-Sq.-Ft. Lease

Vornado Realty Trust (NYSE: VNO) announced a joint venture with Rudin Management and an affiliate of Kenneth C. Griffin to develop a 1.9 million square foot trophy office tower at 350 Park Avenue in New York. Citadel Enterprise Americas LLC will serve as the …

Vornado Realty teams up with Ken Griffin for $6.2B project at 350 Park Avenue (VNO:NYSE)

Vornado Realty Trust and Rudin Management are forming a joint venture with an affiliate of Ken Griffin, founder of Citadel, for a $6.2 billion development. The project involves a 1.9 million square-foot trophy office building at 350 Park Avenue. This partnership signifies a major …

Vornado Realty Trust to Enter into 350 Park Avenue Joint Venture

Vornado Realty Trust and Rudin Management have partnered with Kenneth C. Griffin of Citadel to develop a 1.9 million square foot trophy office building at 350 Park Avenue. Citadel Enterprise Americas LLC will anchor the building with a 15-year lease for 1.05 million square …

Vornado (VNO) Q2 2026 Earnings Call Transcript

Image source: The Motley Fool. DATE Tuesday, Aug. 4, 2026 at 8:00 a.m. ET CALL PARTICIPANTS Chairman and Chief Executive Officer - Steven Roth President and Chief Financial Officer - Michael Franco Executive Vice President and Corporation Counsel - Steven Borenstein Full Conference Call …

Vornado Realty Trust (NYSE:VNO) Flashes a High-Quality Breakout Setup

Is Stronger-Than-Expected FFO Recasting the Manhattan Office Story for Vornado Realty Trust (VNO)?

Vornado Realty Trust reported stronger-than-expected comparable funds from operations (FFO) in Q2 2026, driven by PENN District lease commencements and rising Manhattan office occupancy, despite a headline earnings drop. This performance re-evaluates the investment narrative for VNO, focusing on whether improved occupancy and leasing …

Citigroup Issues Positive Forecast for Vornado Realty Trust (NYSE:VNO) Stock Price

Citigroup has raised its price target for Vornado Realty Trust (NYSE:VNO) from $34 to $40, maintaining a "neutral" rating, which suggests a 3.5% upside. This comes despite mixed Q2 results, where the company's revenue beat estimates but EPS missed. Vornado has also authorized a …

Is Vornado Realty Trust (VNO) Undervalued As Revenue Rose But Earnings Fell?

Vornado Realty Trust (VNO) recently released its Q2 2026 results, showing increased revenue but lower net income, leading to questions about its valuation. While Simply Wall St's model suggests the stock is 26.2% undervalued with an estimated fair value of $53.49, the "most followed …

BofA Securities Maintains Vornado Realty Trust(VNO.US) With Hold Rating, Maintains Target Price $44

BofA Securities has reiterated its Hold rating for Vornado Realty Trust (VNO.US), maintaining its target price at $44. This indicates the firm's continued neutral outlook on the company's stock performance. Investors will likely watch Vornado's upcoming financial reports for further insights.

Renaissance Technologies LLC Boosts Stake in Vornado Realty Trust $VNO

Renaissance Technologies LLC significantly increased its stake in Vornado Realty Trust (NYSE:VNO) during the first quarter, acquiring an additional 154,700 shares to own a total of 163,499 shares valued at $4.25 million. This move is set against a backdrop of mixed analyst ratings for …

Vornado Realty Trust $VNO Shares Purchased by California State Teachers Retirement System

Vornado Realty Trust (NYSE:VNO) Given New $44.00 Price Target at Piper Sandler

Piper Sandler has increased its price target for Vornado Realty Trust (NYSE:VNO) to $44.00 from $42.00, maintaining a "neutral" rating, which suggests a 9.1% upside. Despite this, the stock fell 1.4% to $40.32 after reporting quarterly EPS of $0.08, significantly missing the consensus estimate …

Ladenburg Thalmann Maintains Vornado Realty Trust(VNO.US) With Buy Rating, Raises Target Price to $50

Ladenburg Thalmann has reiterated its Buy rating for Vornado Realty Trust (VNO.US) and increased the price target to $50. This adjustment reflects the firm's continued confidence in the real estate company's performance and future prospects. Investors will likely view this updated rating and target …

A Quick Look at Today's Ratings for Vornado Realty Trust(VNO.US), With a Forecast Between $32 to $45

This article provides a quick overview of analyst ratings for Vornado Realty Trust (VNO.US), noting a forecast price range between $32 and $45. The information is presented without further details in this particular content.

Vornado Realty Trust $VNO Shares Bought by Quantinno Capital Management LP

Vornado Realty Trust Earnings Call Highlights New York Rebound

Vornado Realty Trust (VNO) reported a strong Q2 2026, beating analyst expectations with improved FFO and significant leasing activity in Manhattan. The company highlighted a rebound in core operations, particularly in the PENN District, and a robust leasing pipeline. Despite challenges like higher interest …

Vornado, Citadel’s 350 Park lands $3.3B financing

Vornado Realty Trust and its partners, Citadel and Rudin, have secured a $3.3 billion financing package for their 2 million-square-foot office development at 350 Park Avenue, marking one of New York City's largest construction loans. This financing, while substantial, is less than half of …

Vornado Realty Trust (VNO) Stock Gains Attention As FFO Strengthens Margins Stay Thin

Vornado Realty Trust (VNO) saw its stock rise 2.5% following a strong Q2 earnings report, with Funds From Operations (FFO) reaching US$0.83 per share, exceeding expectations. This positive FFO trend, driven by premium Manhattan assets and the Penn District, is seen by some as …

Ken Griffin, Vornado Near Record $3.3B Loan For Park Avenue Supertall

Ken Griffin's Citadel, along with Vornado Realty Trust and the Rudin family, is close to securing a record-breaking $3.3 billion construction loan for a new office tower at 350 Park Avenue in New York City. Despite previous doubts fueled by a local politician's criticism, …

Vornado anticipates New York office occupancy north of 93% by year-end as PENN leasing accelerates

Earnings Call Insights: Vornado Realty Trust (VNO) Q2 2026 MANAGEMENT VIEW * “We had another strong quarter with comparable FFO of $0.67,” and “the landlord's market that we have been predicting for the past many quarters is here,” said (Chairman of the Board & …

Earnings call transcript: Vornado beats Q2 2026 estimates as leasing improves

Vornado Realty Trust reported Q2 2026 results that exceeded Wall Street expectations, driven by strong leasing activity, increased occupancy, and improved same-store income in its Manhattan portfolio. The company's EPS and revenue beat forecasts, with comparable FFO also surpassing estimates. Management expressed optimism for …

Vornado's Q2 FFO Beats Estimates on Rent Starts, Same-Store NOI Grows

Vornado Realty Trust (VNO) reported a strong second quarter in 2026, with Funds From Operations (FFO) of 67 cents per share, surpassing Zacks' estimate. This growth was driven by new rent commencements, the NYU master lease, and successful signage operations. The company also saw …

Vornado opts in at 350 Park Avenue office development

Vornado Realty Trust has decided to exercise its option to acquire a 36% stake in the 2 million-square-foot office tower development at 350 Park Avenue. This decision follows speculation about Vornado's involvement, with CEO Steven Roth emphasizing the long-term investment value of prime Park …

Snapchat Snaps Up 200K SF Sublease at Vornado’s Penn 2

Snap Inc., the parent company of Snapchat, has signed a sublease for 199,000 square feet at Vornado Realty Trust’s Penn 2 in Manhattan's Penn District. This deal was the second-largest in Manhattan for July and reflects a broader surge in leasing activity in the …

Vornado Realty Trust Q2 2026 Earnings Call Summary

Vornado (VNO) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

For the quarter ended June 2026, Vornado (VNO) reported revenue of $462.24 million, up 4.7% over the same period last year. EPS came in at $0.67, compared to $3.70 in the year-ago quarter. The reported revenue represents a surprise of -2.16% over the Zacks …

VORNADO REALTY TRUST ($VNO) Releases Q2 2026 Earnings

Vornado Realty Trust ($VNO) reported strong Q2 2026 earnings, beating analyst estimates for both earnings per share and revenue. The company posted earnings of $0.67 per share against an estimated -$0.08, and revenue of $462.24 million, surpassing estimates of $450.91 million. The article also …

Vornado (VNO) Surpasses Q2 FFO Estimates

Vornado (VNO) came out with quarterly funds from operations (FFO) of $0.67 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to FFO of $0.56 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report …