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VNO Stock Chart & Stats
$39.72
-$0.22(-0.55%)
At close: 4:00 PM EDT
$39.72
-$0.22(-0.55%)
Day’s Range― - ―
52-Week Range$24.57 - $43.37
Previous Close$39.5
Volume1.62M
Average Volume (3M)1.66M
Market Cap
$7.70B
Enterprise Value$17.10K
Total Cash (Recent Filing)$675.35M
Total Debt (Recent Filing)$8.16B
Price to Earnings (P/E)1225.9
Beta1.27
Next Earnings
Nov 02, 2026EPS Estimate
-0.06Next Dividend Ex-DateN/A
Dividend Yield1.95%
Share Statistics
EPS (TTM)0.03
Shares Outstanding186,720,540
10 Day Avg. Volume1,717,118
30 Day Avg. Volume1,661,228
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$40.50Price Target Upside1.96% Upside
Rating ConsensusHold
Number of Analyst Covering13
EPS Forecast (FY)-0.18
Revenue Forecast (FY)$1.88B
Bulls Say, Bears Say
Bulls Say
New York Leasing And NOI GrowthHigher occupancy, positive mark-to-market leasing and strong same-store NOI growth support recurring revenue and cash-flow expansion. These trends indicate improving demand for Vornado’s New York portfolio and can compound as signed leases commence.
Large Anchor Lease And Development PartnershipThe long-term anchor lease materially de-risks leasing for a major trophy-office development and strengthens Vornado’s position in New York’s premium office market. Vornado also retains developer, manager and leasing-agent roles that can provide ongoing service income.
Strong Liquidity And Recurring Ancillary RevenueSubstantial liquidity provides capacity to fund leasing, capital improvements and obligations while preserving resilience. The capital-light signage business adds a differentiated, recurring revenue stream tied to Vornado’s control of prime Times Square and PENN District locations.
Bears Say
Historically Elevated Leverage And Interest BurdenOffice real estate requires substantial financing, so elevated leverage can reduce financial flexibility and make earnings more sensitive to refinancing costs. Higher interest expense may limit the conversion of improving property performance into distributable cash flow.
Uneven Cash Generation And Earnings QualityWeakening free cash flow and volatile net profitability make it harder to assess sustainable earnings power and fund redevelopment internally. Continued variability could increase dependence on asset sales, refinancing or external capital to support long-term plans.
350 Park Capital Intensity And Execution RiskThe development can create a high-quality long-term asset, but its scale exposes Vornado to construction, financing and timing risks through 2029 and beyond. Back-ended returns and temporary income loss may pressure cash flow before benefits are realized.
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 $7.70B.
When is Vornado Realty Trust’s upcoming earnings report date?
Vornado Realty Trust’s upcoming earnings report date is Nov 02, 2026 which is in 69 days.
How were Vornado Realty Trust’s earnings last quarter?
Vornado Realty Trust released its earnings results on Aug 03, 2026. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of -$0.036 by $0.116.
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 1.95%. See more information on Vornado Realty Trust dividends here
What is Vornado Realty Trust’s EPS estimate?
Vornado Realty Trust’s EPS estimate is -0.06.
How many shares outstanding does Vornado Realty Trust have?
Vornado Realty Trust has 186,720,540 shares outstanding.
What happened to Vornado Realty Trust’s price movement after its last earnings report?
Vornado Realty Trust reported an EPS of $0.08 in its last earnings report, beating expectations of -$0.036. Following the earnings report the stock price went up 2.454%.
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
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10
Analyst Consensus
Hold
Average Price Target:
$40.50 (1.96% Upside)
$40.50 (1.96% Upside)
Blogger Sentiment
Neutral
VNO Sentiment 50%
Sector Average 58%
Sector Average 58%
Hedge Fund Trend
Decreased
By 19.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.5%
Last 30 Days ▼ 3.4%
Last 30 Days ▼ 3.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.65%
12-Months-Change
Fundamentals
Return on Equity
1.95%
Trailing 12-Months
Asset Growth
0.02%
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
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a majority of positive operational and financial developments: a clear beat to FFO, strong same-store NOI growth, accelerating Manhattan leasing with rising starting rents, a large leasing pipeline (including a 1 million sq ft Citadel commitment), accretive acquisitions (Park Avenue Plaza, 623 Fifth Avenue), and robust liquidity and buybacks. Offsetting concerns include higher net interest expense, lag between signed leases and GAAP earnings recognition, capital intensity and timing risk for major development (350 Park Avenue), and a material stock NAV discount. Overall, the positives (strong leasing momentum, NOI gains, pipeline, liquidity and accretive deals) materially outweigh the near-term lowlights and execution/timing risks.View all VNO earnings summariesVNO Stock 12 Month Forecast
Average Price Target
$40.50
▲(1.96% Upside)
Technical Analysis
Ownership Overview
7.35% Insiders
26.13% Mutual Funds
17.83% Other Institutional Investors
23.25% Public Companies and
Individual Investors









