NYC Real Estate Giant | Vornado Realty Trust, a major player in New York's office and retail market, faces challenges and opportunities amid changing urban landscape |
PENN District Potential | Explore Vornado's ambitious PENN District redevelopment, attracting tech and media tenants with premium rents, poised to drive future growth |
Financial Crossroads | Delve into Vornado's mixed financial performance, with analysts projecting EPS of $2.16 for next fiscal year and an average price target of $31 |
Strategic Asset Moves | Learn how potential high-value property sales and leasing activities could unlock shareholder value and reshape Vornado's market position |
Metrics to compare | VNO | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipVNOPeersSector | |
|---|---|---|---|---|
P/E Ratio | 10.2x | 14.4x | 8.7x | |
PEG Ratio | 0.02 | 0.36 | 0.01 | |
Price/Book | 1.7x | 0.7x | 0.9x | |
Price / LTM Sales | 4.4x | 8.7x | 3.9x | |
Upside (Analyst Target) | 1.5% | 6.6% | 18.1% | |
Fair Value Upside | Unlock | 10.9% | 2.2% | Unlock |
Vornado Realty Trust is a fully integrated real estate investment trust with a 26 million square-foot portfolio of premier New York City office, retail and multifamily assets and the developer of the new PENN DISTRICT. While concentrated in New York, Vornado also owns premier assets in both Chicago and San Francisco. Vornado is a real estate industry leader in sustainability, with 100% of our in-service office buildings LEED certified and over 95% certified LEED Gold or Platinum. Vornado Realty Trust was incorporated in 1946 in Maryland, USA.