0LR2
vs
S&P 500
0LR2
S&P 500
Over the past 12 months, 0LR2 has underperformed S&P 500, delivering a return of -22% compared to S&P 500's +28% growth.
Stocks Performance
0LR2 vs S&P 500
Performance Gap
0LR2 vs S&P 500
Performance By Year
0LR2 vs S&P 500
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Vornado Realty Trust
Glance View
Vornado Realty Trust is a real estate investment trust that owns, manages, and develops office and retail properties. Its business is centered on high-profile buildings, especially in Manhattan, where it rents space to tenants that need offices and well-located commercial addresses. It also owns some other property types and has interests in a few joint ventures. The company makes money mostly by collecting rent from tenants and, in some cases, from fees tied to managing or leasing its buildings. Its customers are businesses, retailers, and organizations that sign long-term leases for space. Vornado’s role is to buy or develop major properties, improve them, keep them leased, and generate steady income from those assets. What makes Vornado different is that it is not a broad landlord with many small buildings spread everywhere. It focuses on large, important urban properties where location matters a great deal and where tenants are willing to pay for access, image, and convenience. That means its fortunes are tied closely to demand for premier office and retail space in major city markets.
