Vornado Realty Trust (VNO)

VORNADO REALTY TRUST AND VORNADO REALTY L.P. • 11 East 68th Street LLC • 11 East 68th TRS LLC • 1290 Management II, LLC • 131 West 33rd Street Owner LLC • 137 West 33rd Street Owner LLC • 138-142 West 32nd EAT LLC • 144-150 West 34th Street EAT LLC • 144-150 West 34th Street Owner II LLC • 148 Spring Street, LLC ...

IRS number

221657560

VNO stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$40.17

Low target

$34.00

High target

$45.00

Latest filings (excl ownership)

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8-K

Vornado Announces Third Quarter 2024 Financial Results

4 Nov 24

Submission of Matters to a Vote of Security Holders

23 May 24

8-K

Entry into a Material Definitive Agreement

16 May 24

8-K

Vornado Announces First Quarter 2024 Financial Results

6 May 24

Regulation FD Disclosure

10 Apr 24

8-K

Regulation FD Disclosure

9 Apr 24

ARS

2023 FY

Annual report to shareholders

9 Apr 24

DEFA14A

Additional proxy soliciting materials

9 Apr 24

Transcripts

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VNO

Earnings call transcript

2024 Q3

5 Nov 24

VNO

Earnings call transcript

2024 Q2

6 Aug 24

VNO

Earnings call transcript

2024 Q1

7 May 24

VNO

Earnings call transcript

2023 Q4

13 Feb 24

VNO

Earnings call transcript

2023 Q3

31 Oct 23

VNO

Earnings call transcript

2023 Q2

1 Aug 23

VNO

Earnings call transcript

2023 Q2

1 Aug 23

VNO

Earnings call transcript

2023 Q1

2 May 23

VNO

Earnings call transcript

2022 Q4

14 Feb 23

VNO

Earnings call transcript

2022 Q3

1 Nov 22

Latest ownership filings

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RUSSELL B WIGHT JR

11 Dec 24

144

Notice of proposed sale of securities

Notice of proposed sale of securities

Beatrice Hamza Bassey

24 May 24

Raymond J McGuire

24 May 24

Financial summary

Financial statements Chart VNO financial data

Quarter (USD)	Mar 24	Dec 23	Sep 23	Jun 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.15 bn	1.15 bn	1.15 bn	1.15 bn	1.15 bn	1.15 bn
Cash burn (monthly)	37.55 mm	(no burn)	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	329.22 mm	n/a	n/a	n/a	n/a	n/a
Cash remaining	819.70 mm	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	21.8	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

VNO institutional ownership history Ownership history

81.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	366	340	+7.6%
Opened positions	74	39	+89.7%
Closed positions	48	46	+4.3%
Increased positions	117	115	+1.7%
Reduced positions	112	124	-9.7%

13F shares	Current	Prev Q	Change
Total value	5.49 tn	4.19 tn	+31.1%
Total shares	155.62 mm	174.56 mm	-10.9%
Total puts	1.49 mm	1.50 mm	-0.5%
Total calls	1.64 mm	1.27 mm	+29.6%
Total put/call ratio	0.9	1.2	-23.2%

Largest owners	Shares	Value	Change
Vanguard	24.81 mm	$977.56 bn	+2.6%
BLK BlackRock	21.65 mm	$852.93 bn	NEW
BEN Franklin Resources	11.11 mm	$444.86 bn	+5.6%
T. Rowe Price	8.61 mm	$339.24 mm	+53.3%
STT State Street	8.59 mm	$338.32 bn	-0.6%
Kemnay Advisory Services	5.83 mm	$229.88 bn	0.0%
JPM JPMorgan Chase & Co.	3.53 mm	$139.05 bn	+232.8%
Interstate Properties	3.52 mm	$0.00	0.0%
Citadel Advisors	3.15 mm	$124.02 bn	+127.2%
Geode Capital Management	3.11 mm	$122.42 bn	+1.3%

Largest transactions	Shares	Bought/sold	Change
BLK BlackRock	21.65 mm	+21.65 mm	NEW
BLK BlackRock	0.00	-20.86 mm	EXIT
Norges Bank	0.00	-17.34 mm	EXIT
BAM Brookfield Asset Management	0.00	-9.36 mm	EXIT
T. Rowe Price	8.61 mm	+2.99 mm	+53.3%
JPM JPMorgan Chase & Co.	3.53 mm	+2.47 mm	+232.8%
PFG Principal Financial	2.82 mm	+2.29 mm	+428.3%
NMR Nomura	0.00	-2.16 mm	EXIT
Bamco	1.91 mm	+1.91 mm	NEW
Citadel Advisors	3.15 mm	+1.76 mm	+127.2%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

VNO insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
10 Dec 24	Wight Russell B JR	Common Shares	Sell	Dispose S	Yes	No	44.8638	2,000	89.73 k	1,034
11 Jul 24	Wight Russell B JR	Common Shares	Sell	Dispose S	Yes	No	28.1935	2,000	56.39 k	3,034
9 Jul 24	Beinecke Candace K	Common Shares	Option exercise	Acquire M	Yes	No	0	1,959	0.00	34,949.069
9 Jul 24	Beinecke Candace K	Phantom Units Common Shares	Option exercise	Dispose M	No	No	0	1,959	0.00	6,586
23 May 24	William W Helman	Restricted Units Common Shares	Grant	Acquire A	No	No	0	7,400	0.00	7,400
23 May 24	Daniel R Tisch	Restricted Units Common Shares	Grant	Acquire A	No	No	0	7,400	0.00	7,400