Welcome to our dedicated page for Vornado Realty news (Ticker: VNO), a resource for investors and traders seeking the latest updates and insights on Vornado Realty stock.
Vornado Realty Trust (NYSE: VNO) is a fully-integrated equity real estate investment trust with a portfolio focused on Class A office and retail properties, particularly in Manhattan. The VNO news page on Stock Titan aggregates company announcements, allowing readers to follow how Vornado manages and finances its real estate holdings over time.
According to the company’s press releases, Vornado regularly issues transaction-focused news, such as acquisitions and dispositions of major properties and interests. Recent examples include the acquisition of the 623 Fifth Avenue office condominium, the purchase of 3 East 54th Street as a development site, and the sale of the 512 West 22nd Street Class A office building through a joint venture. The company also reports on condominium sales at locations like 220 Central Park South and Canal Street properties, as well as changes in joint venture positions.
Investors tracking VNO can also review capital markets and financing updates, including announcements about senior unsecured notes issued by Vornado Realty L.P., extensions and upsizing of revolving credit facilities and term loans, and refinancings of specific properties such as PENN 11, Independence Plaza and 4 Union Square South. In addition, Vornado publishes earnings releases with net income and Funds From Operations (FFO) information, and it announces dividends on its common and preferred shares.
This news feed is useful for readers who want a single place to follow Vornado’s property-level activity, financing decisions, leasing arrangements such as the master lease at 770 Broadway, and periodic financial reporting. By reviewing these updates together, users can see how the company describes the evolution of its portfolio and capital structure.
Vornado Realty Trust (NYSE:VNO) declared quarterly preferred dividends for various series. Series A Convertible holders will receive $0.8125 per share; Series L, $0.3375; Series M and N, $0.328125; and Series O, $0.278125. All dividends are payable on January 3, 2023, to shareholders on record by December 15, 2022. Vornado Realty Trust is a fully integrated equity real estate investment trust, emphasizing confidence in shareholder returns amidst ongoing market challenges.
Vornado Realty Trust (NYSE:VNO) has declared a regular quarterly dividend of $.53 per share, payable on November 18, 2022, to common shareholders of record on November 7, 2022. This decision reflects the company's ongoing commitment to returning value to its shareholders. Vornado Realty Trust operates as a fully-integrated equity real estate investment trust, focusing on real estate investments and management.
Vornado Realty Trust (NYSE:VNO) announced it will file its quarterly Form 10-Q for the period ending September 30, 2022, and release its Q3 earnings on October 31, 2022, after market hours. A quarterly earnings call is scheduled for November 1, 2022, at 10:00 a.m. ET, accessible via phone and webcast. The release emphasizes the ongoing challenges posed by the COVID-19 pandemic, which continues to impact its business operations and tenants significantly.
Vornado Realty Trust (NYSE: VNO) reported a net income of $50.4 million for Q2 2022, up from $48.0 million a year prior. Earnings per diluted share increased to $0.26 from $0.25. Adjusted net income was $37.4 million, or $0.19 per diluted share, compared to $26.8 million, or $0.14 per share in Q2 2021. Funds from Operations (FFO) remained steady at $155.0 million, with adjusted FFO rising to $160.1 million, marking a significant increase from the previous year. For six months ending June 30, 2022, net income reached $76.9 million, up from $52.1 million, reflecting an improving financial trajectory.
Vornado Realty Trust (NYSE:VNO) has declared quarterly preferred dividends for multiple series. The Series A Convertible dividend is set at $0.8125 per share, while the Series L, M, N, and O Cumulative Redeemable dividends are $0.3375, $0.328125, $0.328125, and $0.278125, respectively. All dividends are payable on October 3, 2022, to shareholders on record as of September 15, 2022. This announcement reflects Vornado's commitment to return income to its shareholders amidst ongoing challenges.
Vornado Realty Trust (NYSE: VNO) has declared a quarterly dividend of $0.53 per share, payable on August 19, 2022 to shareholders on record as of August 8, 2022. This decision aims to provide income to common shareholders while reflecting the company's ongoing commitment to return value.
As a fully-integrated equity real estate investment trust, Vornado is navigating the challenges posed by the ongoing COVID-19 pandemic and its impact on performance.
Vornado Realty Trust (NYSE:VNO) announced it will file its quarterly report on Form 10-Q for the quarter ended June 30, 2022, with the SEC and will release its second-quarter earnings on August 1, 2022, after market close. A conference call will follow on August 2, 2022, at 10:00 a.m. ET, accessible via a dedicated phone line or on their website. The company emphasizes potential forward-looking statements regarding risks, mainly from the ongoing impacts of the COVID-19 pandemic on its business environment and financial performance.
Vornado Realty Trust (NYSE:VNO) announced the completion of four significant refinancings totaling $3.2 billion. The company extended its $1.25 billion revolving credit facility's maturity to December 2027 and secured another $1.25 billion facility maturing in April 2026. Additionally, an $800 million term loan was extended to December 2027. Vornado also refinanced a $700 million loan for 770 Broadway and a $480 million loan for 100 West 33rd Street, enhancing liquidity and extending maturities.
Vornado Realty Trust (NYSE:VNO) has successfully completed the sale of the Center Building in Long Island City, New York, for $172.8 million. This eight-story office building spans 498,000 square feet. The company anticipates a financial gain of $15 million to be recognized in the second quarter, along with a tax gain estimated at $74 million.
Vornado Realty Trust operates as a fully-integrated equity real estate investment trust.