Price
$39.50+3.70%Social Signal Score
Analyst Ratings
29 analystsRevenue
$462.24M-27.00%Analyst Estimates
Consensus estimates, not results. Via Financial Modeling Prep.
Company Profile
- CEO
- Steven Roth
- Sector
- Real Estate
- Industry
- REIT - Office
- Employees
- 3,145
- Beta
- 1.54
- Country
- US
- Piotroski score
- 7 / 9 (Strong)
- Altman Z-score
- 0.40
Financials
Revenue
$462.24M-27.0%Net Income
$31.96M-65.5%EBITDA
$303.58M+1.7%Free Cash Flow
$43.37M-82.7%EPS (diluted)
$0.09-74.3%Shares Outstanding (diluted)
187.28M-1.5%Operating Expenses
$39.10MCash & Debt
$675.35MReturn of Capital
$69.02MRevenue by Segment (annual)
$1.91BDividend per Share
$0.74Quote
Valuation & Ratios
Returns & Efficiency
Revenue & Net Income (Annual)
| Fiscal Year | Revenue | Net Income | EPS |
|---|---|---|---|
| 2025 | $1.81B | $904.96M | $4.40 |
| 2024 | $1.79B | $70.39M | $0.04 |
| 2023 | $1.81B | $105.49M | $0.23 |
| 2022 | $1.80B | $-346.50M | $-2.13 |
| 2021 | $1.59B | $176.00M | $0.53 |
| 2020 | $1.53B | $-297.00M | $-1.83 |
| 2019 | $1.92B | $3.15B | $16.23 |
| 2018 | $2.16B | $449.95M | $2.36 |
| 2017 | $2.08B | $227.42M | $0.85 |
| 2016 | $2.51B | $960.57M | $5.08 |
| 2015 | $2.50B | $760.43M | $3.61 |
| 2014 | $2.64B | $864.85M | $4.18 |
| 2013 | $2.76B | $475.97M | $2.10 |
| 2012 | $2.77B | $617.26M | $2.95 |
Valuation
Project earnings forward and see what return today's price implies.
Seeded from VNO's reported EPS growth of 3.1% a year over 13 years.
- EPS in 5 years
- $5.50
- Implied price
- $43.98
- Return from $33.21
- 5.8% a year
To earn 15.0% a year on these assumptions you'd need to buy at $21.87 — -34.2% below today's price.
How sensitive is that answer?
Annual return across nearby assumptions. If the result is only attractive in one corner, that is the finding.
| growth \ P/E | 4 | 6 | 8 | 10 | 12 |
|---|---|---|---|---|---|
| -6.9% | -16.8% | -9.8% | -4.5% | -0.1% | 3.6% |
| -1.9% | -12.4% | -5.0% | 0.6% | 5.2% | 9.2% |
| 3.1% | -7.9% | -0.1% | 5.8% | 10.6% | 14.7% |
| 8.1% | -3.4% | 4.7% | 10.9% | 16.0% | 20.3% |
| 13.1% | 1.0% | 9.6% | 16.0% | 21.3% | 25.8% |
This is arithmetic on assumptions you chose, not a forecast or a recommendation. It ignores dividends, buybacks, share issuance and debt, and it assumes a company still earning money in 5 years. Change any input and the answer changes a lot — that sensitivity is the honest result, not a flaw in the model.
Signal Score (90d)
80-33.33%Social Signal Score
Mentions (7)
- Newsseekingalpha.com·5d ago·Negative
… Credit And Market Risk Vornado Realty Trust holds a high-quality portfolio but faces pressure from rising interest rates impacting both common and preferred shares. VNO's common stock trades at a price-to-book of 1.37 and a forward AFFO yield of 3.9%, justifying a 'Hold' rating amid a premium valuation and low yield. VNO's preferred stocks yield 8.00%–8.35% and trade below par, but credit risks and rate sensitivity warrant a 'Hold' stance despite attractive income.
View source ↗ - News (Marketaux)nypost.com·8d ago·Positive
Times Square may score another Asian entertainment lease The tower’s retail landlord, Vorna[+217 characters]
View source ↗ - Newsseekingalpha.com·20d ago·Positive
Vornado Realty Trust (VNO) Presents at BofA NY Global Real Estate Conference 2026 Transcript Vornado Realty Trust (VNO) Presents at BofA NY Global Real Estate Conference 2026 Transcript
View source ↗ - Newszacks.com·25d ago·Neutral
VNO vs. PSA: Which Stock Is the Better Value Option? Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Vornado (VNO) and Public Storage (PSA). But which of these two stocks presents investors with the better value opportunity right now?
View source ↗ - Newszacks.com·33d ago·Neutral
Why Is Vornado (VNO) Down 10.4% Since Last Earnings Report? Vornado (VNO) reported earnings 30 days ago. What's next for the stock?
View source ↗ - News (Marketaux)nypost.com·34d ago·Positive
General Atlantic signs 625 Madison Ave. lease, getting long-awaited project off the ground ., while partners Vornado R[+222 characters]
View source ↗ - Newsmarketbeat.com·58d ago·Positive
Vornado Realty Trust Q2 Earnings Call Highlights Vornado Realty Trust NYSE: VNO reported second-quarter comparable funds from operations of $0.67 per share, up from $0.56 a year earlier, as lease commencements at its PENN District properties, stronger signage revenue and improved New York operations contributed to results.
View source ↗
Earnings
Mon, Nov 2(in 4 weeks)
Consensus estimate $-0.13 per share
Typical surprise +322.5% (median, so one quarter with a near-zero estimate can't distort it)
- Mon, Aug 3$0.08 vs $-0.04beat
- Mon, May 4$-0.12 vs $-0.05miss
- Mon, Feb 9$0.55 vs $0.03beat
- Mon, Nov 3$0.06 vs $0.02beat
- Mon, Aug 4$3.70 vs $0.53beat
- Mon, May 5$0.45 vs $0.09beat
Estimates and results for VNO via Financial Modeling Prep. Beating consensus says the company cleared the bar analysts set, not that the business grew.
Insider trading
Open-market buys and sells by VNO officers and directors.
- Bought
- $5.7m
- Sold
- $30.6m
9 trades
17 trades
- Chera Haimsold
- Fascitelli Michael Dsold
- Fascitelli Michael Dsold
- Wight Russell B Jrbought
- Wight Russell B Jrbought
- Wight Russell B Jrbought
- Wight Russell B Jrbought
- Tisch Daniel Rbought
74 further Form 4 entries are share awards, option exercises or shares withheld for tax. Those are compensation, not trades, so they are excluded above. Buying is the stronger signal: an insider spends their own money for one reason. Selling has many innocent explanations — tax, diversifying, a house — so it says far less than it appears to. Via SEC filings.
Congress trades
- Daniel Goldmanhouse · NY10 · disclosed May 19, 2023 (39d later)Buy$1,001 - $15,000
- Daniel Goldmanhouse · NY10 · disclosed Apr 17, 2023 (42d later)Sell$1,001 - $15,000
- Daniel Goldmanhouse · NY10 · disclosed Apr 17, 2023 (47d later)Sell$1,001 - $15,000
- Ro Khannahouse · CA17 · disclosed Apr 7, 2023 (24d later)Sell$1,001 - $15,000
- Ro Khannahouse · CA17 · disclosed Apr 7, 2023 (14d later)Buy$1,001 - $15,000
- Ro Khannahouse · CA17 · disclosed Mar 8, 2023 (26d later)Buy$1,001 - $15,000
- Ro Khannahouse · CA17 · disclosed Feb 7, 2023 (27d later)Sell$1,001 - $15,000
- Ro Khannahouse · CA17 · disclosed Feb 7, 2023 (29d later)Sell$1,001 - $15,000
- Ro Khannahouse · CA17 · disclosed Jan 3, 2023 (28d later)Buy$1,001 - $15,000
- Ro Khannahouse · CA17 · disclosed Jan 3, 2023 (28d later)Buy$1,001 - $15,000
- Ro Khannahouse · CA17 · disclosed Dec 6, 2022 (33d later)Buy$1,001 - $15,000
- Ro Khannahouse · CA17 · disclosed Mar 8, 2022 (22d later)Sell$1,001 - $15,000
- Ro Khannahouse · CA17 · disclosed Mar 12, 2021 (15d later)Sell$1,001 - $15,000
- Gilbert Ray Cisneroshouse · CA31 · disclosed Oct 14, 2020 (28d later)Sell$1,001 - $15,000
- Gilbert Ray Cisneroshouse · CA31 · disclosed Apr 16, 2020 (29d later)Buy$1,001 - $15,000
- Mikie Sherrillhouse · NJ11 · disclosed Apr 5, 2020 (45d later)Sell$1,001 - $15,000
- Mikie Sherrillhouse · NJ11 · disclosed Feb 19, 2020 (29d later)Buy$1,001 - $15,000
- Mikie Sherrillhouse · NJ11 · disclosed Jan 10, 2020 (23d later)Sell$1,001 - $15,000
Self-reported filings, amounts as brackets. Via Senate/House disclosures.