Last 7 days
2.8%
Last 30 days
19.7%
Last 90 days
66.0%
Trailing 12 Months
-1.2%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-05-26 | WIGHT RUSSELL B JR | bought | 22,400 | 11.2 | 2,000 | - |
2023-05-25 | WIGHT RUSSELL B JR | bought | 37,552 | 11.2398 | 3,341 | - |
2023-05-25 | WIGHT RUSSELL B JR | bought | 22,800 | 11.4 | 2,000 | - |
2023-05-23 | WIGHT RUSSELL B JR | bought | 23,030 | 11.515 | 2,000 | - |
2023-05-18 | Beinecke Candace K | acquired | - | - | 9,095 | - |
2023-05-17 | WIGHT RUSSELL B JR | bought | 21,972 | 10.9862 | 2,000 | - |
2023-05-17 | WIGHT RUSSELL B JR | bought | 18,544 | 9.27235 | 2,000 | - |
2023-05-16 | WIGHT RUSSELL B JR | bought | 11,500 | 11.5 | 1,000 | - |
2023-05-16 | WIGHT RUSSELL B JR | bought | 11,150 | 11.15 | 1,000 | - |
2023-05-16 | WIGHT RUSSELL B JR | bought | 44,200 | 11.05 | 4,000 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-12 | Farther Finance Advisors, LLC | added | 9.27 | 1,153 | 5,134 | -% |
2023-09-05 | Covenant Partners, LLC | sold off | -100 | -164,321 | - | -% |
2023-08-23 | WOLVERINE TRADING, LLC | reduced | -28.43 | -124,643 | 573,357 | -% |
2023-08-22 | COMERICA BANK | new | - | 3,000 | 3,000 | -% |
2023-08-22 | COMERICA BANK | new | - | 3,000 | 3,000 | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | added | 6.74 | 430,230 | 2,084,760 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -2.8 | 477,719 | 3,724,120 | -% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 10.28 | 120,000 | 513,000 | -% |
2023-08-16 | GTS SECURITIES LLC | new | - | 1,211,680 | 1,211,680 | 0.04% |
2023-08-16 | Nuveen Asset Management, LLC | added | 1.51 | 1,047,640 | 6,338,640 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Aug 22, 2023 | interstate properties | 1.8% | 3,519,032 | SC 13D/A | |
Feb 14, 2023 | putnam investments llc | 5.1% | 9,759,379 | SC 13G | |
Feb 09, 2023 | blackrock inc. | 10.6% | 20,411,962 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 14.40% | 27,631,207 | SC 13G/A | |
Feb 03, 2023 | blackrock inc. | 8.2% | 15,723,834 | SC 13G/A | |
Jan 31, 2023 | state street corp | 7.13% | 13,669,083 | SC 13G/A | |
Feb 14, 2022 | state street corp | 6.37% | 12,219,359 | SC 13G/A | |
Feb 10, 2022 | vanguard group inc | 14.42% | 27,643,775 | SC 13G/A | |
Feb 01, 2022 | blackrock inc. | 8.7% | 16,649,268 | SC 13G/A | |
Feb 11, 2021 | state street corp | 5.47% | 10,461,064 | SC 13G |
Date Filed | Form Type | Document | |
---|---|---|---|
Aug 23, 2023 | SC 13D/A | 13D - Major Acquisition | |
Aug 22, 2023 | SC 13D/A | 13D - Major Acquisition | |
Jul 31, 2023 | 8-K | Current Report | |
Jul 31, 2023 | 10-Q | Quarterly Report | |
Jul 03, 2023 | 8-K | Current Report | |
Jul 03, 2023 | 4 | Insider Trading | |
Jul 03, 2023 | 4 | Insider Trading | |
Jul 03, 2023 | 4 | Insider Trading | |
Jul 03, 2023 | 4 | Insider Trading | |
Jul 03, 2023 | 4 | Insider Trading |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
PSA | 48.1B | 4.4B | -0.64% | -17.74% | 11.24 | 10.95 | 14.80% | 87.79% |
DLR | 38.3B | 5.1B | 5.88% | 19.36% | 89.57 | 7.47 | 13.73% | -68.04% |
EQR | 23.7B | 2.0B | -0.94% | -9.83% | 28.39 | 11.73 | -22.97% | -33.54% |
ARE | 20.0B | 2.7B | -1.78% | -21.80% | 26.64 | 7.46 | 15.16% | 88.51% |
KIM | 11.4B | 1.8B | -1.65% | -8.89% | 28.27 | 6.5 | 6.75% | -42.80% |
MID-CAP | ||||||||
FRT | 8.0B | 1.1B | 1.83% | 2.50% | 20.52 | 7.18 | 8.31% | 38.10% |
KRG | 4.9B | 820.5M | 3.48% | 19.66% | 174.46 | 5.97 | 29.95% | 125.56% |
VNO | 4.8B | 1.8B | 19.66% | -1.21% | -12.91 | 2.63 | 5.60% | -286.96% |
MAC | 2.6B | 866.2M | 4.87% | 36.72% | -29.3 | 2.95 | 0.51% | -335.26% |
SMALL-CAP | ||||||||
SLG | 2.7B | 882.0M | 26.74% | -0.07% | -6.14 | 3.08 | 11.76% | -239.94% |
SKT | 2.4B | 426.3M | -1.04% | 52.78% | 25.4 | 5.64 | 1.38% | 137.97% |
PGRE | 1.1B | 732.3M | 9.89% | -25.11% | -13.31 | 1.55 | -0.03% | -4012.90% |
AIV | 1.0B | 339.3M | -9.41% | -15.44% | -5.79 | 3.02 | 88.48% | -168.70% |
-5.1%
-11.6%
-15.4%
-6.6%
54.2%
46.5%
41.1%
Y-axis is the maximum loss one would have experienced if Vornado Realty Trust was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 1.0% | 1,823 | 1,804 | 1,800 | 1,774 | 1,726 | 1,651 | 1,589 | 1,545 | 1,499 | 1,463 | 1,528 | 1,312 | 1,312 | 3,566 | 3,334 | 4,039 | 3,894 | 1,402 | 1,404 | 1,396 | 1,706 |
Operating Expenses | 0.2% | 1,545 | 1,541 | 1,534 | 1,497 | 1,461 | 1,408 | 1,368 | 1,606 | 1,596 | 1,521 | 1,551 | 1,308 | 1,326 | 1,562 | 1,625 | 1,670 | 1,697 | 1,606 | 1,581 | 1,549 | 1,530 |
S&GA Expenses | 5.6% | 142 | 134 | 134 | 136 | 133 | 132 | 135 | 162 | 168 | 173 | 182 | 160 | 161 | 165 | 170 | 163 | 162 | 157 | 142 | 144 | 146 |
EBITDA | -100.0% | - | 379 | 396 | 918 | 888 | 848 | 798 | 521 | 586 | 296 | 185 | 575 | 865 | 3,750 | 4,140 | 4,117 | 3,995 | 1,467 | 1,218 | 1,296 | 1,097 |
EBITDA Margin | -100.0% | - | 0.21* | 0.22* | 0.52* | 2.58* | 3.15* | 3.84* | 0.33* | 0.39* | 0.20* | 0.14* | 0.44* | 0.66* | 1.05* | 1.24* | 1.02* | 1.03* | 1.05* | 0.87* | 0.93* | 0.64* |
Interest Expenses | 6.3% | 309 | 291 | 252 | 221 | 203 | 185 | 189 | 183 | 196 | 206 | 210 | 221 | 226 | 252 | 284 | 294 | 321 | 313 | 312 | 327 | 319 |
Earnings Before Taxes | -1.3% | -411 | -405 | -360 | 199 | 222 | 229 | 197 | -55.49 | -9.36 | -304 | -425 | -31.17 | 264 | 3,103 | 3,438 | 3,384 | 3,218 | 699 | 460 | 421 | 238 |
EBT Margin | 100.0% | - | -0.23* | -0.20* | 0.11* | 0.64* | 0.85* | 0.95* | -0.04* | -0.01* | -0.21* | -0.32* | -0.02* | 0.20* | 0.87* | 1.03* | 0.84* | 0.83* | 0.50* | 0.33* | 0.30* | 0.14* |
Net Income | -1.1% | -371 | -367 | -346 | 159 | 199 | 197 | 176 | -46.39 | -44.22 | -293 | -297 | 91.00 | 361 | 2,959 | 3,135 | 3,043 | 2,898 | 597 | 385 | 312 | 92.00 |
Net Income Margin | 100.0% | - | -0.20* | -0.19* | 0.09* | 0.58* | 0.73* | 0.85* | -0.03* | -0.03* | -0.20* | -0.23* | 0.07* | 0.28* | 0.83* | 0.94* | 0.75* | 0.75* | 0.44* | 0.31* | 0.26* | 0.09* |
Free Cashflow | -100.0% | - | 720 | 799 | 844 | 720 | 709 | 762 | 711 | 629 | 597 | 424 | 456 | 637 | 650 | 663 | 713 | 854 | 601 | 803 | 687 | 785 |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 1.0% | 16,438 | 16,272 | 16,493 | 17,176 | 17,152 | 17,492 | 17,267 | 17,489 | 16,657 | 16,145 | 16,222 | 17,563 | 18,042 | 18,210 | 18,287 | 18,216 | 17,914 | 17,638 | 17,181 | 16,678 | 16,866 |
Cash Equivalents | 27.2% | 1,134 | 891 | 890 | 845 | 988 | 974 | 1,760 | 2,129 | 2,172 | 1,636 | 1,624 | 1,411 | 1,768 | 1,587 | 1,515 | 1,132 | 923 | 307 | 717 | 773 | 1,091 |
Liabilities | 0.5% | 9,963 | 9,909 | 9,980 | 10,001 | 9,996 | 10,307 | 10,063 | 10,218 | 9,339 | 8,657 | 8,667 | 9,983 | 10,395 | 10,293 | 10,087 | 9,652 | 9,556 | 11,680 | 11,289 | 10,716 | 10,984 |
Shareholder's Equity | -3.3% | 5,735 | 5,933 | 5,840 | 6,438 | 6,651 | 6,438 | 6,515 | 6,580 | 6,568 | 6,753 | 6,948 | 6,886 | 6,929 | 7,293 | 7,311 | 7,710 | 7,496 | 5,091 | 5,108 | 5,038 | 4,944 |
Retained Earnings | 0.6% | -3,938 | -3,961 | -3,894 | -3,299 | -3,205 | -3,154 | -3,079 | -2,989 | -2,925 | -2,871 | -2,774 | -2,463 | -2,415 | -2,091 | -1,954 | -1,649 | -1,845 | -4,120 | -4,167 | -4,135 | -4,206 |
Additional Paid-In Capital | -0.4% | 8,331 | 8,367 | 8,369 | 8,362 | 8,339 | 8,098 | 8,143 | 8,138 | 8,069 | 8,080 | 8,193 | 8,124 | 8,096 | 8,113 | 7,828 | 7,873 | 7,846 | 7,677 | 7,726 | 7,580 | 7,556 |
Shares Outstanding | -0.7% | 191 | 192 | 192 | 192 | 192 | 192 | 192 | 192 | 192 | 191 | 191 | 191 | 191 | 191 | 191 | 191 | 191 | 191 | 191 | 190 | 190 |
Minority Interest | 7.7% | 260 | 241 | 237 | 253 | 254 | 253 | 279 | 286 | 286 | 415 | 415 | 417 | 432 | 456 | 579 | 635 | 636 | 647 | 643 | 660 | 662 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 3.2% | 743 | 720 | 799 | 844 | 720 | 709 | 762 | 711 | 629 | 597 | 424 | 456 | 637 | 650 | 663 | 713 | 854 | 601 | 803 | 687 | 785 |
Share Based Compensation | 21.7% | 34.00 | 28.00 | 29.00 | 28.00 | 30.00 | 30.00 | 38.00 | 42.00 | 43.00 | 44.00 | 49.00 | 46.00 | 45.00 | 48.00 | 54.00 | 54.00 | 53.00 | 50.00 | 32.00 | 35.00 | 41.00 |
Cashflow From Investing | -387.7% | -38.63 | 13.00 | -906 | -989 | -1,064 | -1,270 | -532 | -603 | -147 | -45.00 | -87.80 | 358 | 226 | 1,961 | 2,463 | 2,003 | 1,491 | -283 | -877 | -804 | -209 |
Cashflow From Financing | 39.5% | -508 | -840 | -801 | -1,145 | -855 | -52.55 | -29.48 | 671 | -28.04 | -463 | -213 | -569 | -76.68 | -1,852 | -2,235 | -2,389 | -2,479 | -825 | -1,122 | -348 | -921 |
Dividend Payments | -27.0% | 275 | 377 | 407 | 406 | 406 | 406 | 406 | 406 | 406 | 430 | 827 | 852 | 877 | 876 | 504 | 498 | 492 | 485 | 479 | 473 | 467 |
Buy Backs | - | 93.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
REVENUES: | ||||
Total revenues | $ 472,359 | $ 453,494 | $ 918,282 | $ 895,624 |
EXPENSES: | ||||
Operating | (222,723) | (222,309) | (451,496) | (438,838) |
Depreciation and amortization | (107,162) | (118,662) | (213,727) | (236,105) |
General and administrative | (39,410) | (31,902) | (81,005) | (73,118) |
(Expense) benefit from deferred compensation plan liability | (2,182) | 7,594 | (5,910) | 9,538 |
Transaction related costs and other | (30) | (2,960) | (688) | (3,965) |
Total expenses | (371,507) | (368,239) | (752,826) | (742,488) |
Income from partially owned entities | 37,272 | 25,720 | 53,938 | 59,434 |
(Loss) income from real estate fund investments | (102) | (142) | (121) | 5,532 |
Interest and other investment income, net | 13,255 | 3,036 | 22,858 | 4,054 |
Income (loss) from deferred compensation plan assets | 2,182 | (7,594) | 5,910 | (9,538) |
Interest and debt expense | (87,165) | (62,640) | (173,402) | (114,749) |
Net gains on disposition of wholly owned and partially owned assets | 936 | 28,832 | 8,456 | 35,384 |
Income before income taxes | 67,230 | 72,467 | 83,095 | 133,253 |
Income tax expense | (4,497) | (3,564) | (9,164) | (10,975) |
Net income | 62,733 | 68,903 | 73,931 | 122,278 |
Less net loss (income) attributable to noncontrolling interests in: | ||||
Consolidated subsidiaries | 2,781 | 826 | 12,709 | (8,548) |
Operating Partnership | (3,608) | (3,782) | (4,037) | (5,776) |
Net income attributable to Vornado / Vornado Realty L.P. | 61,906 | 65,947 | 82,603 | 107,954 |
Preferred share dividends / unit distributions | (15,529) | (15,529) | (31,058) | (31,058) |
NET INCOME attributable to common shareholders / Class A unitholders | $ 46,377 | $ 50,418 | $ 51,545 | $ 76,896 |
INCOME PER COMMON SHARE - BASIC: | ||||
Net income per common share(in dollars per share) | $ 0.24 | $ 0.26 | $ 0.27 | $ 0.40 |
Weighted average shares outstanding, basic (in shares) | 191,468 | 191,750 | 191,668 | 191,737 |
INCOME PER COMMON SHARE - DILUTED: | ||||
Net income per common share (in dollars per share) | $ 0.24 | $ 0.26 | $ 0.27 | $ 0.40 |
Weighted average shares outstanding, diluted (in shares) | 194,804 | 192,039 | 194,364 | 192,047 |
Rental revenues | ||||
REVENUES: | ||||
Total revenues | $ 418,834 | $ 405,194 | $ 815,627 | $ 802,477 |
Fee and other income | ||||
REVENUES: | ||||
Total revenues | $ 53,525 | $ 48,300 | $ 102,655 | $ 93,147 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Real estate, at cost: | ||
Land | $ 2,457,589 | $ 2,451,828 |
Buildings and improvements | 9,839,556 | 9,804,204 |
Development costs and construction in progress | 1,177,290 | 933,334 |
Leasehold improvements and equipment | 127,319 | 125,389 |
Total | 13,601,754 | 13,314,755 |
Less accumulated depreciation and amortization | (3,625,270) | (3,470,991) |
Real estate, net | 9,976,484 | 9,843,764 |
Right-of-use assets | 685,536 | 684,380 |
Cash and cash equivalents | 1,133,693 | 889,689 |
Restricted cash | 178,440 | 131,468 |
Investments in U.S. Treasury bills | 0 | 471,962 |
Tenant and other receivables | 87,551 | 81,170 |
Investments in partially owned entities | 2,641,297 | 2,665,073 |
220 Central Park South condominium units ready for sale | 39,098 | 43,599 |
Receivable arising from the straight-lining of rents | 693,220 | 694,972 |
Deferred leasing costs, net of accumulated amortization of $249,974 and $237,395 | 359,752 | 373,555 |
Identified intangible assets, net of accumulated amortization of $103,094 and $98,139 | 134,683 | 139,638 |
Other assets | 508,085 | 474,105 |
Assets | 16,437,839 | 16,493,375 |
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY | ||
Mortgages payable, net | 5,715,138 | 5,829,018 |
Senior unsecured notes, net | 1,192,853 | 1,191,832 |
Unsecured term loan, net | 793,864 | 793,193 |
Unsecured revolving credit facilities | 575,000 | 575,000 |
Lease liabilities | 744,696 | 735,969 |
Accounts payable and accrued expenses | 504,295 | 450,881 |
Deferred revenue | 35,884 | 39,882 |
Deferred compensation plan | 99,050 | 96,322 |
Other liabilities | 302,233 | 268,166 |
Total liabilities | 9,963,013 | 9,980,263 |
Commitments and contingencies | ||
Redeemable noncontrolling interests: | ||
Total redeemable noncontrolling interests | 480,296 | 436,732 |
Shareholders' equity: | ||
Preferred shares of beneficial interest: no par value per share; authorized 110,000,000 shares; issued and outstanding 48,792,902 shares | 1,182,459 | 1,182,459 |
Common shares of beneficial interest: $0.04 par value per share; authorized 250,000,000 shares; issued and outstanding 190,543,866 and 191,866,880 shares | 7,601 | 7,654 |
Additional capital | 8,331,228 | 8,369,228 |
Earnings less than distributions | (3,938,202) | (3,894,580) |
Accumulated other comprehensive income | 151,771 | 174,967 |
Total shareholders' / partners' equity | 5,734,857 | 5,839,728 |
Noncontrolling interests in consolidated subsidiaries | 259,673 | 236,652 |
Total equity | 5,994,530 | 6,076,380 |
Total liabilities, redeemable noncontrolling interests / partnership units and equity | 16,437,839 | 16,493,375 |
Partnership Interest | ||
Redeemable noncontrolling interests: | ||
Class A units - 17,024,444 and 14,416,891 units outstanding | 406,741 | 345,157 |
Series D cumulative redeemable preferred units - 141,400 units outstanding | 3,535 | 3,535 |
Total redeemable noncontrolling interests | 410,276 | 348,692 |
Subsidiary | ||
Redeemable noncontrolling interests: | ||
Total redeemable noncontrolling interests | $ 70,020 | $ 88,040 |