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VNO Stock Chart & Stats
$29.28
-$0.02(-0.05%)
At close: 4:00 PM EST
$29.28
-$0.02(-0.05%)
Day’s Range― - ―
52-Week Range$24.57 - $43.37
Previous CloseN/A
Volume344.68K
Average Volume (3M)1.78M
Market Cap
$7.86B
Enterprise Value$14.19B
Total Cash (Recent Filing)$1.08B
Total Debt (Recent Filing)$8.41B
Price to Earnings (P/E)10.1
Beta1.30
Next Earnings
Aug 03, 2026EPS Estimate
>-0.01Next Dividend Ex-DateN/A
Dividend Yield2.24%
Share Statistics
EPS (TTM)3.81
Shares Outstanding188,097,760
10 Day Avg. Volume1,605,685
30 Day Avg. Volume1,777,372
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)1.07
Price to Sales (P/S)3.52
P/FCF Ratio5.07
Enterprise Value/Market Cap1.80
Enterprise Value/Revenue7.85
Enterprise Value/Gross Profit10.71
Enterprise Value/Ebitda8.66
Forecast
1Y Price Target
$36.25Price Target Upside23.80% Upside
Rating ConsensusHold
Number of Analyst Covering12
EPS Forecast (FY)0.01
Revenue Forecast (FY)$1.92B
Bulls Say, Bears Say
Bulls Say
Liquidity / Capital PositionA $2.6B liquidity cushion (≈$1.2B cash, $1.4B undrawn) and management’s view of no material financings for ~18 months materially reduces near‑term refinancing risk. This preserves strategic optionality to fund redevelopments, opportunistic buys and buybacks without stressing operations.
Accretive High‑Quality AcquisitionThe 49% Park Avenue Plaza investment (1.2M sqft, 99% occupied, 11‑year WAL and low‑cost debt to 2031) adds stable, long‑duration cash flow and immediate earnings accretion. A high‑quality asset bought below replacement cost strengthens core income and reduces portfolio cash‑cost risk over multiple years.
Leasing Momentum And Rent UpsideStrong leasing volumes, a >1M sqft NYC pipeline and mark‑to‑market gains (GAAP +11.7%, starting rents ~$103/sqft) point to durable revenue improvement as new leases hit GAAP and cash flows normalize. Persistent rent upside and tightening prime availability support multiyear occupancy and income recovery.
Bears Say
Elevated LeverageDebt‑to‑equity near ~1.4 TTM denotes elevated leverage for an office REIT. Higher leverage amplifies downside in a weak office market, constrains capital allocation, raises refinancing exposure if conditions tighten, and limits ability to absorb further occupancy or rent shocks over the next 2–3 years.
Declining Revenue & Volatile FCFA ~13.7% TTM revenue decline alongside a ~34% TTM fall in free cash flow signals weakening top‑line and inconsistent cash generation. That undermines margin durability, complicates funding for tenant improvements and redevelopments, and increases reliance on capital markets or asset sales for cash needs.
Elevated TI/Leasing Costs And FFO DragSustained elevated tenant improvement and leasing costs, plus a Q1 comparable FFO decline (~17% YoY) and the 350 Park master‑lease timing drag, create a multiquarter hit to FFO and free cash flow. This delays conversion of leasing momentum into distributable cash and pressures near‑term allocation choices.
Vornado Realty News
VNO FAQ
What was Vornado Realty Trust’s price range in the past 12 months?
Vornado Realty Trust lowest stock price was $24.57 and its highest was $43.37 in the past 12 months.
What is Vornado Realty Trust’s market cap?
Vornado Realty Trust’s market cap is $7.86B.
When is Vornado Realty Trust’s upcoming earnings report date?
Vornado Realty Trust’s upcoming earnings report date is Aug 03, 2026 which is in 21 days.
How were Vornado Realty Trust’s earnings last quarter?
Vornado Realty Trust released its earnings results on May 04, 2026. The company reported -$0.12 earnings per share for the quarter, missing the consensus estimate of -$0.055 by -$0.065.
Is Vornado Realty Trust overvalued?
According to Wall Street analysts Vornado Realty Trust’s price is currently Undervalued.
Does Vornado Realty Trust pay dividends?
Vornado Realty Trust pays a Annually dividend of $0.74 which represents an annual dividend yield of 2.24%. See more information on Vornado Realty Trust dividends here
What is Vornado Realty Trust’s EPS estimate?
Vornado Realty Trust’s EPS estimate is >-0.01.
How many shares outstanding does Vornado Realty Trust have?
Vornado Realty Trust has 188,097,760 shares outstanding.
What happened to Vornado Realty Trust’s price movement after its last earnings report?
Vornado Realty Trust reported an EPS of -$0.12 in its last earnings report, missing expectations of -$0.055. Following the earnings report the stock price went up 1.989%.
Which hedge fund is a major shareholder of Vornado Realty Trust?
Currently, no hedge funds are holding shares in VNO
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Vornado Realty Stock Smart Score
Neutral
1
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5
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7
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9
10
Analyst Consensus
Hold
Average Price Target:
$36.25 (23.80% Upside)
$36.25 (23.80% Upside)
Blogger Sentiment
Bullish
VNO Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 146.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.2%
Last 30 Days ▲ 1.8%
Last 30 Days ▲ 1.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
1.78%
12-Months-Change
Fundamentals
Return on Equity
13.16%
Trailing 12-Months
Asset Growth
2.05%
Trailing 12-Months
Company Description
Vornado Realty Trust
Vornado's property holdings are predominantly focused on the crucial New York City market, complemented by a top-tier asset in both Chicago and San Francisco. The company is also at the forefront of the real estate sector regarding its sustainability initiatives. Demonstrating this commitment, Vornado manages an extensive portfolio exceeding 23 million square feet of LEED-certified buildings and was recognized with the Energy Star Partner of the Year Award for Sustained Excellence in 2019. A significant corporate milestone was reached in 2012 when Vornado celebrated five decades of being listed on the New York Stock Exchange.
VNO Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call portrays a constructive, opportunity-driven outlook: strong leasing momentum, attractive opportunistic acquisitions (Park Avenue Plaza, 623 Fifth) and robust liquidity/ buybacks point to accelerating earnings potential into 2027. Near-term headwinds — a Q1 comparable FFO decline (~17%), temporary earnings drag from the 350 Park master lease modification, elevated TI, and modestly wider financing costs — create short-term pressure on cash flow and 2026 results. On balance, management presents multiple durable positives (tightening prime availability, solid pipelines, accretive acquisitions, strong liquidity and capital discipline) that outweigh the temporary challenges.View all VNO earnings summariesVNO Stock 12 Month Forecast
Average Price Target
$36.25
▲(23.80% Upside)
Technical Analysis
Ownership Overview
7.29% Insiders
25.94% Mutual Funds
0.06% Other Institutional Investors
41.45% Public Companies and
Individual Investors






