Vornado Realty Trust announces preferred dividends for various series, payable on October 1, 2025, to shareholders of record.
Quiver AI Summary
Vornado Realty Trust has announced the declaration of its quarterly preferred dividends for various series of shares, including Series A Convertible and Series L, M, N, and O Cumulative Redeemable shares, with amounts ranging from $0.2781250 to $0.8125000 per share. These dividends are set to be paid on October 1, 2025, to shareholders of record as of September 15, 2025. Vornado Realty Trust is identified as a fully-integrated equity real estate investment trust. The press release also includes a caution regarding forward-looking statements, indicating that future results may vary due to various risks and uncertainties, including interest rate fluctuations and inflation impacts.
Potential Positives
- Vornado Realty Trust has declared quarterly preferred dividends, indicating strong financial health and commitment to returning value to shareholders.
- The dividends are scheduled to be paid on October 1, 2025, showcasing a planned and timely approach to shareholder compensation.
- The announcement includes multiple series of preferred dividends, which reflects a diverse capital structure and may attract different types of investors.
Potential Negatives
- The announcement of preferred dividends may indicate cash flow constraints, potentially signaling to investors concerns about the company's liquidity and financial health.
- The reference to numerous risks and uncertainties affecting future performance may undermine investor confidence and raise concerns about the company's stability.
- The mention of potential impacts from interest rate fluctuations and inflation suggests vulnerability to external economic factors, which could negatively affect stock performance and investor sentiment.
FAQ
What are the declared dividends by Vornado Realty Trust?
Vornado Realty Trust declared preferred dividends for Series A, L, M, N, and O, with rates from $0.2781250 to $0.8125000 per share.
When are the dividends payable to shareholders?
The dividends are payable on October 1, 2025, to shareholders of record on September 15, 2025.
Who should I contact for more information about Vornado Realty Trust?
For more information, you can contact Thomas J. Sanelli at (212) 894-7000.
What is Vornado Realty Trust?
Vornado Realty Trust is a fully-integrated equity real estate investment trust (REIT).
What are forward-looking statements in this press release?
Forward-looking statements express Vornado's intentions and expectations, subject to risks and uncertainties that may affect future results.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$VNO Insider Trading Activity
$VNO insiders have traded $VNO stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $VNO stock by insiders over the last 6 months:
- HAIM CHERA (EVP- HEAD OF RETAIL) sold 20,000 shares for an estimated $759,629
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$VNO Hedge Fund Activity
We have seen 194 institutional investors add shares of $VNO stock to their portfolio, and 181 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PRICE T ROWE ASSOCIATES INC /MD/ removed 1,462,612 shares (-16.5%) from their portfolio in Q1 2025, for an estimated $54,102,017
- FMR LLC added 1,075,662 shares (+2968.4%) to their portfolio in Q1 2025, for an estimated $39,788,737
- INVESCO LTD. added 1,067,284 shares (+34.0%) to their portfolio in Q1 2025, for an estimated $39,478,835
- CITADEL ADVISORS LLC removed 1,066,751 shares (-47.2%) from their portfolio in Q1 2025, for an estimated $39,459,119
- VANGUARD GROUP INC removed 895,513 shares (-3.6%) from their portfolio in Q1 2025, for an estimated $33,125,025
- BAMCO INC /NY/ removed 893,247 shares (-36.6%) from their portfolio in Q1 2025, for an estimated $33,041,206
- AMERICAN CENTURY COMPANIES INC removed 774,577 shares (-66.3%) from their portfolio in Q1 2025, for an estimated $28,651,603
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$VNO Analyst Ratings
Wall Street analysts have issued reports on $VNO in the last several months. We have seen 0 firms issue buy ratings on the stock, and 2 firms issue sell ratings.
Here are some recent analyst ratings:
- Barclays issued a "Underweight" rating on 03/14/2025
- Goldman Sachs issued a "Sell" rating on 02/25/2025
To track analyst ratings and price targets for $VNO, check out Quiver Quantitative's $VNO forecast page.
$VNO Price Targets
Multiple analysts have issued price targets for $VNO recently. We have seen 8 analysts offer price targets for $VNO in the last 6 months, with a median target of $38.5.
Here are some recent targets:
- Nicholas Yulico from Scotiabank set a target price of $45.0 on 07/14/2025
- Vikram Malhorta from Mizuho set a target price of $43.0 on 07/14/2025
- Michael Lewis from Truist Securities set a target price of $38.0 on 06/03/2025
- Alexander Goldfarb from Piper Sandler set a target price of $39.0 on 05/23/2025
- Ross Smotrich from Barclays set a target price of $32.0 on 03/14/2025
- Ronald Kamdem from Morgan Stanley set a target price of $28.0 on 03/14/2025
- Caitlin Burrows from Goldman Sachs set a target price of $30.0 on 02/25/2025
Full Release
NEW YORK, July 31, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared the following quarterly preferred dividends:
| Series A Convertible | $ | .8125000 | per share | ||
| Series L Cumulative Redeemable | $ | .3375000 | per share | ||
| Series M Cumulative Redeemable | $ | .3281250 | per share | ||
| Series N Cumulative Redeemable | $ | .3281250 | per share | ||
| Series O Cumulative Redeemable | $ | .2781250 | per share |
In each case, dividends are payable on October 1, 2025 to shareholders of record on September 15, 2025.
Vornado Realty Trust is a fully-integrated equity real estate investment trust.
CONTACT
Thomas J. Sanelli
(212) 894-7000
Certain statements contained herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of performance. They represent our intentions, plans, expectations and beliefs and are subject to numerous assumptions, risks and uncertainties. Our future results, financial condition and business may differ materially from those expressed in these forward-looking statements. You can find many of these statements by looking for words such as "approximates," "believes," "expects," "anticipates," "estimates," "intends," "plans," "would," "may" or other similar expressions in this press release. For a discussion of factors that could materially affect the outcome of our forward-looking statements and our future results and financial condition, see “Risk Factors” in Part I, Item 1A, of our Annual Report on Form 10-K for the year ended December 31, 2024. Currently, some of the factors are interest rate fluctuations and the effects of inflation on our business, financial condition, results of operations, cash flows, operating performance and the effect that these factors have had and may continue to have on our tenants, the global, national, regional and local economies and financial markets and the real estate market in general.
