Vornado Realty Trust (VNO)
Vornado Realty Trust operates in the REIT - Office industry of the Real Estate sector, headquartered in New York City, NY, US. The stock last traded at $34.82, up 0.84% on the session, giving a market capitalisation of $6.55B. On trailing twelve-month figures it carries a trailing P/E of 1126.86, a net margin of 3.7%. Its beta of 1.54 implies it has historically moved more than the broad market.
Vornado's property holdings are predominantly focused on the crucial New York City market, complemented by a top-tier asset in both Chicago and San Francisco. The company is also at the forefront of the real estate sector regarding its sustainability initiatives. Demonstrating this commitment, Vornado manages an extensive portfolio exceeding 23 million square feet of LEED-certified buildings and was recognized with the Energy Star Partner of the Year Award for Sustained Excellence in 2019. A significant corporate milestone was reached in 2012 when Vornado celebrated five decades of being listed on the New York Stock Exchange.
Vornado Realty Trust is most often compared with the following Real Estate names: