Vornado Realty Trust VNO

Zacks Investment Research 2 nov

Vornado (VNO) reported $467.66 million in revenue for Q3 2026, a 3.1% year-over-year increase but missing the consensus estimate of $471.93 million by 0.91%. However, the company delivered an EPS surprise of +1.56%, reporting $0.65 versus the estimated $0.64. New York occupancy improved to 91.5%, and property rental revenues grew 5.7% year-over-year. The stock holds a Zacks Rank #3 (Hold) rating.

Zacks Investment Research 2 nov

Vornado (VNO) beat FFO expectations with $0.65 per share versus consensus of $0.64, representing a 1.56% surprise and year-over-year growth from $0.57. However, revenues of $467.66 million missed consensus estimates by 0.91%. The stock has underperformed the S&P 500 this year, gaining 3.8% versus the market's 10.7%. Vornado holds a Zacks Rank #3 (Hold) rating with mixed estimate revision trends, suggesting near-term performance in line with the market.

Zacks Investment Research 29 oct

Pebblebrook Hotel (PEB) reported quarterly FFO of $0.63 per share, beating consensus estimates of $0.54 and surpassing expectations for the fourth consecutive quarter. The company achieved a 16.67% FFO surprise, though revenues slightly missed estimates. With a Zacks Rank #1 (Strong Buy) rating and 89.7% year-to-date gains, the stock is expected to outperform the market in the near term.

Zacks Investment Research 27 oct

Extra Space Storage (EXR) reported quarterly FFO of $2.17 per share, beating consensus estimates of $2.10 and surpassing revenue expectations at $889.79 million. The company has beaten FFO estimates in four consecutive quarters. However, with mixed estimate revision trends, EXR received a Zacks Rank #3 (Hold) rating, suggesting near-term performance in line with the market. The stock has underperformed the S&P 500 year-to-date, gaining 10.1% versus the index's 12.1%.

Zacks Investment Research 21 oct

Vornado Realty Trust's Manhattan office portfolio shows improving fundamentals with occupancy rising to 92.2% in June 2026 and strong leasing demand at $107.24 per sq. ft. The company is strategically investing in premium properties like 350 Park Avenue and Park Avenue Plaza while maintaining $2 billion in liquidity. However, heavy concentration in New York City, substantial debt obligations, and rising interest expenses pose significant challenges to earnings growth.