VT

Vornado Realty Trust

VNO
NYSEReal Estate
$30.22
USD
+0.87(+2.96%)
At close: Apr 30, 16:10 UTC
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Open

$30.22

Prev. Close

$30.22

High

$30.24

Low

$30.21

Market Snapshot

Market Cap

$5.64B

P/E Ratio

6.7

EPS

0.04

Revenue

$1.79B

Why VNO moved

Vornado Realty Trust unveiled a $300 million share buyback program, leaving $21 million outstanding from its previous buyback initiative, signaling confidence in its financial health.

About

Vornado Realty Trust is a real estate investment trust, which engages in the ownership of office, retail, merchandise mart properties, and other real estate and related investments. The company is headquartered in New York City, New York and currently employs 3,145 full-time employees. The firm conducts its business through, and substantially all of its interests in properties are held by Vornado Realty L.P. Its segments include New York and Other. Its portfolio is concentrated on premier office and high street retail properties in New York City. Its segments include New York and Other. Its New York segment consisted of approximately 26.2 million square feet in 63 properties. The 26.2 million square feet comprises 20.1 million square feet of Manhattan offices in 29 of the properties, 2.4 million square feet of Manhattan street retail in 48 of the properties, 1,330 units in two residential properties, and its 32.4% interest in Alexander’s, which owns five properties in the greater New York metropolitan area It also includes nine garages totaling over 1.6 million square feet (4,685 spaces). Its Real Estate and Investments consists of over 3.7 million square foot THE MART in Chicago.

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