The State Of REITs: December 2025 Edition

The REIT sector returned to positive territory in November (+1.02%) after back-to-back months in the red. Mid caps (+3.53%) led the REIT sector in November followed by small caps (+3.38%) and large caps (+0.32%); micro caps (-8.76%) badly underperformed. 68.15% of REIT securities had a positive total return in November.

Seeking Alpha • Dec 11, 2025

Resolution Capital Bets on Vornado Realty Trust's Urban Portfolio With $168 Million Buy

Increased Vornado Realty Trust stake by 4,084,815 shares, up $168.53 million quarter-over-quarter Post-trade holding: 5,380,978 shares valued at $218.09 million Position now accounts for 4.24% of fund AUM, which places it outside the fund's top five holdings These 10 Stocks Could Mint the Next Wave of Millionaires ›

The Motley Fool • Dec 10, 2025

Vornado Declares Common Dividend of $.74 Per Share

NEW YORK, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared a dividend of $.74 per common share. The dividend will be payable on December 29, 2025 to shareholders of record on December 18, 2025.

GlobeNewsWire • Dec 8, 2025

This REIT Stock Is Still Down 60% — and One Investor Just Sold Out Completely

New York City-based HGI Capital Management reduced its position in Vornado Realty Trust by 88,686 shares during the third quarter. The estimated net position change was about $3.4 million.

The Motley Fool • Dec 8, 2025

Vornado Realty Trust: 7.5% From The Preferred Stocks Is Tempting

Vornado Realty Trust is a leading REIT with a diverse portfolio of office, retail, marketplace, and residential properties in New York. VNO's preferred shares, especially VNO.PR.O, offer yields above 7% and present a compelling risk-return profile compared to peers and OTC bonds. Credit ratings for VNO and its preferreds are non-investment grade but remain competitive within the sector, supported by strong asset coverage and stable cash flows.

Seeking Alpha • Nov 8, 2025

Vornado Realty: Manhattan Office Space Becomes A Hot Commodity

Manhattan saw 3.73 million square feet of positive net office absorption in the third quarter, with VNO's occupancy rate set to move into the low 90s next year. Third quarter revenue and FFO beat consensus, with FFO of $0.58 per share, growing from $0.50 per share a year ago. The Series O Preferreds are trading at a 42% discount to their liquidation value per share and offer a current yield of 7.64%.

Seeking Alpha • Nov 7, 2025

Vornado Realty Trust (VNO) Q3 2025 Earnings Call Transcript

Vornado Realty Trust ( VNO ) Q3 2025 Earnings Call November 4, 2025 10:00 AM EST Company Participants Steven Borenstein - Executive VP, Corporation Counsel & Secretary Steven Roth - Chairman of the Board & CEO Michael Franco - President & CFO Glen Weiss - Executive VP of Office Leasing & Co-Head of Real Estate Barry Langer - Executive VP of Development & Co-Head of Real Estate Thomas Sanelli - Executive VP of Finance & Chief Administrative Officer Conference Call Participants Steve Sakwa - Evercore ISI Institutional Equities, Research Division Floris Gerbrand Van Dijkum - Ladenburg Thalmann & Co. Inc., Research Division John Kim - BMO Capital Markets Equity Research Dylan Burzinski - Green Street Advisors, LLC, Research Division Alexander Goldfarb - Piper Sandler & Co., Research Division Jana Galan - BofA Securities, Research Division Seth Bergey - Citigroup Inc., Research Division Michael Lewis - Truist Securities, Inc., Research Division Vikram Malhotra - Mizuho Securities USA LLC, Research Division Nicholas Yulico - Scotiabank Global Banking and Markets, Research Division Ronald Kamdem - Morgan Stanley, Research Division Brendan Lynch - Barclays Bank PLC, Research Division Presentation Operator Good morning, and welcome to the Vornado Realty Trust Third Quarter of 2025 Earnings Call. My name is Joe, and I will be your operator on today's call.

Seeking Alpha • Nov 4, 2025

Vornado's Q3 FFO & Revenues Beat Estimates, Occupancy Improves

VNO posts stronger Q3 results with higher FFO, rising occupancy and robust leasing across key New York assets.

Zacks Investment Research • Nov 4, 2025

Vornado Announces Third Quarter 2025 Financial Results

NEW YORK, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today: Quarter Ended September 30, 2025 Financial Results NET INCOME attributable to common shareholders for the quarter ended September 30, 2025 was $11,589,000, or $0.06 per diluted share, compared to net loss attributable to common shareholders of $19,154,000, or $0.10 per diluted share, for the prior year's quarter. FUNDS FROM OPERATIONS ("FFO") attributable to common shareholders plus assumed conversions (non-GAAP) for the quarter ended September 30, 2025 was $117,372,000, or $0.58 per diluted share, compared to $99,256,000, or $0.50 per diluted share, for the prior year's quarter.

GlobeNewsWire • Nov 3, 2025

Compared to Estimates, Vornado (VNO) Q3 Earnings: A Look at Key Metrics

The headline numbers for Vornado (VNO) give insight into how the company performed in the quarter ended September 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Zacks Investment Research • Nov 4, 2025