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Vornado Realty Trust - $VNO STOCK NEWS

Welcome to our dedicated page for Vornado Realty Trust news (Ticker: $VNO), a resource for investors and traders seeking the latest updates and insights on Vornado Realty Trust stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Vornado Realty Trust's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Vornado Realty Trust's position in the market.

Rhea-AI Summary

Vornado Realty Trust (NYSE:VNO) extended one of its unsecured revolving credit facilities from April 2026 to April 2029, with the borrowing amount reduced to $915 million. The new facility bears interest at a rate of SOFR plus 1.20%.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.09%
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none
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Rhea-AI Summary

Vornado Realty Trust (NYSE: VNO) reported a net loss attributable to common shareholders for the quarter ended March 31, 2024. Funds from Operations (FFO) saw a decrease compared to the previous year. The company engaged in financing activities and entered into interest rate swap arrangements. Dispositions and leasing activities were highlighted, along with occupancy rates and NOI figures. Active development projects were also discussed.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.09%
Tags
-
Rhea-AI Summary

Vornado Realty Trust (NYSE:VNO) has declared quarterly preferred dividends for various series of preferred shares. The dividends range from $0.2781250 to $0.8125000 per share and will be payable on July 1, 2024, to shareholders of record on June 17, 2024. Vornado Realty Trust is an equity real estate investment trust.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.35%
Tags
dividends
Rhea-AI Summary
Vornado Realty Trust (NYSE:VNO) announced the filing of its quarterly report on Form 10-Q for the quarter ended March 31, 2024, with the SEC, and the issuance of its first quarter earnings release on May 6, 2024. The Company will host a quarterly earnings conference call on May 7, 2024, at 10:00 a.m. ET. Vornado Realty Trust is a fully-integrated equity real estate investment trust.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.46%
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Rhea-AI Summary
SL Green Realty Corp. and Vornado Realty Trust have successfully closed on a modification and extension of the $1.075 billion securitized mortgage on 280 Park Avenue. The partnership extended the maturity date to September 2026, with an option to further extend to September 2028. The interest rate was fixed at 1.78% over Term SOFR.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.3%
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none
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Rhea-AI Summary
SL Green Realty Corp. and Vornado Realty Trust announce the repayment of a $125.0 million mezzanine loan on 280 Park Avenue, with Newmark advising on the transaction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.3%
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Rhea-AI Summary
Vornado Realty Trust (VNO) released its 2023 Sustainability Report, showcasing achievements like 100% renewable energy credits, 32% energy consumption reduction, and 65% waste diversion rate. The report highlights industry awards and can be accessed on Vornado's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.59%
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none
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Rhea-AI Summary
Vornado Realty Trust (NYSE:VNO) announces The Avra Group opening a Mediterranean restaurant in THE PENN DISTRICT, atop Penn Station. The restaurant will feature outdoor seating, elegant design, and multiple dining areas, set to open in Spring 2025. The PENN DISTRICT is a premier dining destination experiencing a restaurant renaissance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.3%
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none
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Rhea-AI Summary
Vornado Realty Trust (NYSE: VNO) reported a net loss of $61,013,000 for Q4 2023, compared to a loss of $493,280,000 in Q4 2022. Adjusted net income was $8,040,000 for Q4 2023. For the year 2023, net income was $43,378,000, compared to a loss of $408,615,000 in 2022. FFO for 2023 was $503,792,000, down from $638,928,000 in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.59%
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Rhea-AI Summary
Vornado Realty Trust (VNO) declared quarterly preferred dividends for its Series A, L, M, N, and O shares, payable on April 1, 2024. The dividends range from $.2781250 to $.8125000 per share. Vornado Realty Trust is a fully-integrated equity real estate investment trust.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.15%
Tags
dividends
Vornado Realty Trust

NYSE:VNO

VNO Rankings

VNO Stock Data

4.61B
178.16M
8.16%
90.8%
9.75%
Other Financial Vehicles
Finance and Insurance
Link
United States of America
NEW YORK

About VNO

vornado realty trust is a preeminent owner, manager and developer of office and retail assets. vornado’s portfolio is concentrated in the nation’s key market — new york city — along with the premier asset in both chicago and san francisco. vornado is also the real estate industry leader in sustainability policy. the company owns and manages over 27 million square feet of leed certified buildings and received the energy star partner of the year award, sustained excellence 2020. in 2012, vornado commemorated 50 years on the nyse.