Vornado Realty Trust owns, manages and leases office properties in New York City, Washington, DC, and California. The Company also owns retail properties Washington, DC and Puerto Rico. The company was founded in 1982 and is based in New York, New York.
VNO Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Vornado Realty Trust. To summarize, we found that Vornado Realty Trust ranked in the 79th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Vornado Realty Trust ended up being:
42% of the company's capital comes from equity, which is greater than merely 21.26% of stocks in our cash flow based forecasting set.
Vornado Realty Trust's weighted average cost of capital (WACC) is 7%; for context, that number is higher than only 1.76% of tickers in our DCF set.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than only 24% of stocks in its sector (Real Estate).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Vornado Realty Trust? See HIW, GEO, CHCT, CORR, and DEI.
Summary List Placement Few of President Donald Trump's highly placed friends in the New York City real-estate industry are lavishing donations on his reelection campaign as it enters the final key months. Major supporters of President Trump, such as Steve Roth, the chief executive of Vornado Realty Trust, one of the city's largest commercial landlords, haven't given to the president in 2020, even as he trails Democratic challenger Joe Biden in the polls . Big-ticket donors have generally been reluctant to give to the president in recent months . Landlords in the city may be particularly reticent to donate out of fear of stirring controversy in the fragile business environment brought on by the pandemic, people familiar with their thinking told Business Insider . The Trump campaign did n...
Vornado Realty Trust (VNO) Q2 2020 Earnings Conference Call August 04, 2020, 10:00 AM ET Company Participants Catherine Creswell - Director, IR Steven Roth - Chairman and CEO Michael Franco - President Joseph Macnow - EVP, CFO and Chief Administrative Officer Glen Weiss - EVP, Office Leasing and Co-Head, Real...