Skip to content

How to Buy Vornado Realty Trust Stock [2023]

How to Buy Vornado Realty Trust Stock [2023]

Summary: Vornado Realty Trust, a premier real estate investment trust (REIT), is listed on the New York Stock Exchange under the ticker VNO. To buy Vornado Realty Trust stock, we recommend using a reputable online trading platform such as eToro.

Highly Rated Stock Trading & Investing Platform

  • Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.

  • 0% commission on buying stocks - buy in bulk or just a fraction from as little as $10.

  • Copy top-performing traders in real time, automatically.

  • Regulated by financial authorities including FCA and FINRA.

2.8 Million Users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

About Vornado Realty Trust

Vornado Realty Trust’s homepage. Source: Vno.com

A pioneer in eco-friendly initiatives, Vornado oversees more than 26 million square feet of buildings with LEED certification. Indeed, their commitment to sustainable practices was recognized when they received the Energy Star Partner of the Year Award for Sustained Excellence in 2022.

Vornado shares are listed on the New York Stock Exchange (NYSE) under VNO, and its stock is a member of the S&P MidCap 400 Index.

How to buy Vornado Realty Trust stock? Step-by-step process

Follow these steps to invest in Vornado Realty Trust: 

Step 1: Choose a broker

Start by selecting a reputable online broker. Based on our assessments, eToro is a prime choice for investing in Vornado Realty Trust, with benefits such as:

  • Commission-free stock trading;
  • Access to a broad range of stocks across global exchanges;
  • Option to buy fractional shares;
  • Innovative features like Smart Portfolio and Copy Trading;
  • Intuitive user interface.

Highly Rated Stock Trading & Investing Platform

  • Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.

  • 0% commission on buying stocks - buy in bulk or just a fraction from as little as $10.

  • Copy top-performing traders in real time, automatically.

  • Regulated by financial authorities including FCA and FINRA.

2.8 Million Users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

If you’re looking to diversify within the office REIT sector, consider exploring the following four office REITs:

For investors looking to diversify their portfolio within the broader REIT landscape, several subcategories extend beyond just office spaces. Consider venturing into:

How to choose the best online broker?

When choosing a broker, take into consideration: 

  • Trading costs: Evaluate commissions, spreads, and any potential hidden fees;
  • Platform usability: Prioritize intuitive interfaces, easy navigation, and robust mobile app features; 
  • Asset availability: Ensure access to desired markets and financial instruments;
  • Research tools and resources: Seek platforms offering quality research materials, news feeds, and analysis tools;
  • Security and regulation: Confirm the broker is regulated by a recognized authority and provides strong security measures, such as two-factor authentication;
  • Reputation and reviews: Consider feedback from other users and industry reviews.

Step 2: Open and fund your account

Once you’ve decided on your broker, create an account on their platform. Post verification, deposit money through your preferred funding method. 

Step 3: Place your order to invest in VNO

To buy Vornado Realty Trust stock:

  • Search for Vornado Realty Trust using its ticker symbol VNO;
  • Determine your order type (e.g., market or limit);
  • Indicate your desired investment amount, either in shares or a specific dollar value;
  • Review and execute the transaction.

Step 4: Monitor your investment

Stay informed about your investment in Vornado Realty Trust by:

  • Earnings reports: Regularly review Vornado’s quarterly and annual reports to assess financial performance and future projections;
  • Company announcements: Follow Vornado’s official channels for press releases, property acquisitions, or major developments;
  • Dividends: Stay updated on dividend announcements and payment dates;
  • Industry news: Keep up-to-date with real estate trends, especially for office and retail spaces;
  • REIT sector performance: Keep an eye on the overall REIT market’s performance to gauge how Vornado stands relative to its peers;
  • Set alerts: Use stock market apps or platforms to set up alerts for significant price movements, news, or events related to Vornado Realty.

Vornado Realty Trust stock price today

Pros and cons of buying Vornado Realty Trust stock

Pros

Pros

  • Diverse revenue streams: Due to its diversified portfolio, Vornado can potentially mitigate risks associated with downturns in any single real estate segment;
  • Sustainability focus: With an emphasis on green practices, Vornado’s commitment to sustainability can attract environmentally-conscious investors and position the company favorably for future regulatory changes;
  • Dividend Potential: As a REIT, Vornado is required to distribute a significant portion of its taxable income to shareholders as dividends, potentially providing a regular income stream for investors.
Cons

Cons

  • Economic sensitivity: The commercial real estate market can be cyclical. Factors like economic downturns, changing interest rates, or global events can affect property values and rental incomes;
  • Retail challenges: With retail assets in its portfolio, Vornado might be affected by challenges facing the retail industry, including the growth of e-commerce and changing consumer behaviors;
  • Competitive landscape: The commercial real estate market in cities like New York is highly competitive, which might affect Vornado’s ability to secure tenants at favorable rates.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk. 

FAQs about buying Vornado Realty Trust stock

Where is Vornado Realty Trust's stock listed?

Vornado Realty Trust is listed on the NYSE with the ticker VNO.

How can I buy Vornado Realty Trust stock?

To buy Vornado Realty Trust stock:

  • Register with a trusted broker, for instance, eToro;
  • Deposit funds;
  • Locate Vornado Realty Trust using ticker VNO;
  • Decide on your investment amount and order type;
  • Confirm your purchase.

Does Vornado Realty Trust distribute dividends?

Yes, Vornado Realty Trust pays quarterly dividends, which is characteristic of most REITs.

Highly Rated Stock Trading & Investing Platform

  • Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.

  • 0% commission on buying stocks - buy in bulk or just a fraction from as little as $10.

  • Copy top-performing traders in real time, automatically.

  • Regulated by financial authorities including FCA and FINRA.

2.8 Million Users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

Weekly Finance Digest

Related guides

Contents