10 brokerages give Vornado Realty Trust (VNO) an average "Reduce" rating, Q2 EPS at $0.18, below consensus estimate of $0.55.
10 brokerages give Vornado Realty Trust (VNO) an average "Reduce" rating, with recent changes including Compass Point raising price objective to $32.00 and setting a "neutral" rating, Barclays lowering price objective to $21.00 with an "underweight" rating, Piper Sandler upgrading to "neutral" with $30.00 price objective, and Evercore ISI giving an "underperform" rating with a $31.00 price objective. Director Russell B. Wight Jr. sold 2,000 shares at $28.19. Vornado reported Q2 earnings of $0.18 EPS, lower than the consensus estimate of $0.55, but with a net margin of 4.51% and return on equity of 3.21%. The stock has a consensus rating of "Hold" and an average price target of $27.20.
August 10, 2024
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