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Vornado Realty Trust ($VNO) Stock Forecast: Up 5.2% Today

Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.

What is Vornado Realty Trust?

Vornado Realty Trust (VNO) is a real estate investment trust that specializes in commercial properties including office buildings and retail spaces.

Why is Vornado Realty Trust going up?

VNO stock is up 5.2% on Aug 22, 2025 15:57

  • Vornado experienced a surge in its stock value attributed to the successful sale of its property at 512 West 22nd Street for $205 million, resulting in $38 million in net proceeds and an expected $11 million gain.
  • The sale showcases Vornado's efficient management of real estate assets and its ability to seize lucrative opportunities in the market.
  • Investors likely responded positively to this development, recognizing Vornado's capacity to generate profits and enhance its property portfolio for future growth.

VNO Price Chart

VNO Technical Analysis

VNO News

Vornado's JV Sells 512 West 22nd Street Property for $205M

VNO secures $38M in net proceeds and expects an $11M gain from its sale of 512 West 22nd Street.

https://www.zacks.com/stock/news/2731065/vornados-jv-sells-512-west-22nd-street-property-for-205m

0 Missing News Article Image Vornado's JV Sells 512 West 22nd Street Property for $205M

Vornado Realty Trust Price History

01.04.2025 - VNO Stock was up 5.7%

  • VNO stock showed significant upward movement today.
  • The company declared quarterly dividends on preferred shares, reflecting financial stability and potential returns.
  • Vornado also revealed the upcoming release date for its first-quarter earnings, likely creating positive investor outlook.
  • These disclosed details possibly influenced the bullish market trend of VNO stock, as investors responded favorably to the company's financial position and imminent earnings update.

24.05.2025 - VNO Stock was down 1.7%

  • The recent bullish trend in VNO stock, driven by strong leasing momentum and portfolio shifts, may have led to profit-taking by investors today, causing the bearish movement.
  • Investors who had previously benefited from the 8.7% gain in VNO stock over the past month might have decided to sell off their positions today, contributing to the downward movement.
  • It is possible that some investors are cautious about the sustainability of Vornado's recent positive developments, leading to a sell-off and the bearish movement observed today.

12.05.2024 - VNO Stock was up 8.9%

  • Vornado's retail joint venture completing a $400 million refinancing of a Manhattan property indicates financial stability and confidence in the market, potentially boosting investor sentiment.
  • The completion of the refinancing with a fixed rate of 7.47% and maturity in 2029 suggests favorable terms, which could attract more investors to VNO.
  • The high yield of 8.5% for the Series O Preferreds of Vornado Realty Trust might have also contributed to the bullish movement as investors seek higher returns in the current low-interest-rate environment.
  • Overall, the positive news of refinancing and attractive yields on preferred shares likely drove the strong bullish movement in VNO's stock today.

29.04.2024 - VNO Stock was down 5.1%

  • The bearish movement in VNO today could be attributed to the negative sentiment surrounding real estate stocks.
  • The mention of "fierce interest rate speculation and inconsistent consumer sentiment" may have impacted VNO's stock negatively, as rising interest rates can make financing more expensive for real estate companies.
  • Investors might be selling off VNO shares due to concerns about the cyclical nature of the real estate sector and the potential impact of economic uncertainty.
  • The recommendation to sell real estate stocks in May could have influenced traders to offload their VNO holdings, contributing to the bearish movement.

22.07.2025 - VNO Stock was up 5.2%

  • Vornado experienced a surge in its stock value attributed to the successful sale of its property at 512 West 22nd Street for $205 million, resulting in $38 million in net proceeds and an expected $11 million gain.
  • The sale showcases Vornado's efficient management of real estate assets and its ability to seize lucrative opportunities in the market.
  • Investors likely responded positively to this development, recognizing Vornado's capacity to generate profits and enhance its property portfolio for future growth.

12.06.2024 - VNO Stock was up 5.3%

  • Vornado Realty Trust (VNO) saw a significant uptrend following an upgrade to a "sell" rating.
  • While a "sell" rating might appear paradoxical, it could indicate that the stock was previously overpriced and is now considered a more appealing investment at a lower value.
  • This upgrade likely stimulated optimism among investors, resulting in the uptick in VNO's stock price.
  • It is recommended for investors to monitor how this upgrade impacts VNO's performance in the upcoming days and assess its compatibility with their investment strategies.

06.07.2024 - VNO Stock was up 11.7%

  • Vornado Realty exceeded expectations for earnings per share (EPS) and revenue in the second quarter of 2024, surpassing analyst forecasts. This positive financial performance likely influenced the increase in VNO stock.
  • Despite a decline in net income from the previous quarter, the market appeared more interested in the strong earnings and revenue results for Q2 2024.
  • The joint venture of Vornado's retail sector engaging in a $350 million agreement with UNIQLO may have also contributed to heightened investor confidence in VNO stock, demonstrating savvy maneuvers in the premium real estate sector.
  • Overall, the combination of robust financial outcomes and strategic business moves like the UNIQLO transaction likely propelled the rise in VNO stock today.

07.07.2024 - VNO Stock was down 5.0%

  • Vornado Realty Trust (VNO) surpassed expectations in the second quarter, exceeding estimates for funds from operations (FFO) and revenue. However, a prevailing pessimistic market sentiment caused a decline in the stock price.
  • Even though Vornado surpassed expectations in earnings per share (EPS) and revenue, its net income for the quarter decreased compared to the previous year, which may have sparked investor concerns.
  • The overall decrease in total same-store net operating income (NOI) and the year-over-year revenue drop likely influenced the downward trend of VNO stock.
  • Investors seem to be concentrating on the unfavorable aspects of the earnings report, such as the reduction in total same-store NOI and operating income, prompting a sell-off of Vornado Realty Trust shares despite the positive earnings outcomes.

05.07.2024 - VNO Stock was up 6.1%

  • The rise in VNO stock today could be linked to investors' confidence ahead of the upcoming second-quarter earnings announcement.
  • The company's decision to issue dividends on preferred shares may have also influenced positive investor sentiment, underscoring its dedication to rewarding shareholders.
  • Despite the projected drop in revenues and FFO per share, the focus seems to be on Vornado Realty Trust's ability to withstand a slowing U.S. economy, as indicated in a recent report citing healthy job growth. This favorable assessment of the overall market conditions might be fueling VNO's stock performance.

11.01.2025 - VNO Stock was up 3.1%

  • Quarterly dividends on preferred shares were announced, showcasing the company's financial stability and dedication to rewarding shareholders, potentially enhancing investor confidence in VNO.
  • Dividends are commonly interpreted as a reflection of a firm's robust financial position and outlook, attracting higher investor attention and a positive shift in the stock's performance.
  • The dividend declaration might have enticed new investors searching for income potential, playing a role in the favorable trajectory of VNO's stock.

23.03.2025 - VNO Stock was up 5.0%

  • The bullish movement in VNO's stock could be attributed to the positive news of the ground rent reset determination for the PENN 1 land parcel, indicating a favorable outcome for the company.
  • This announcement likely instilled confidence in investors regarding Vornado's financial stability and future revenue streams, leading to increased buying interest in the stock.
  • The market's reaction suggests that investors view this development as a positive sign for Vornado's overall business operations and long-term growth potential, driving the stock price higher.

17.06.2025 - VNO Stock was down 2.2%

  • Speculations arise that VNO's decline may be linked to concerns over the impact of rising mortgage volatility on its property holdings.
  • Investors are expressing apprehension about potential downward pressure on VNO's book value, akin to the situation observed with Dynex Capital (DX).
  • The prevailing negative market sentiment surrounding REITs, influenced by uncertainties in the real estate sector, likely contributed to VNO's significant bearish movement today.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.