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VNO Stock Chart & Stats
$37.38
-$0.22(-0.55%)
At close: 4:00 PM EDT
$37.38
-$0.22(-0.55%)
Day’s Range― - ―
52-Week Range$24.57 - $41.60
Previous Close$39.5
Volume1.62M
Average Volume (3M)1.38M
Market Cap
$6.55B
Enterprise Value$17.10B
Total Cash (Recent Filing)$675.35M
Total Debt (Recent Filing)$9.06B
Price to Earnings (P/E)1071.5
Beta1.23
Next Earnings
Nov 02, 2026EPS Estimate
-0.2Next Dividend Ex-DateN/A
Dividend Yield2.23%
Share Statistics
EPS (TTM)0.03
Shares Outstanding186,720,540
10 Day Avg. Volume1,395,619
30 Day Avg. Volume1,384,307
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 Cap2.61
Enterprise Value/Revenue9.35
Enterprise Value/Gross Profit21.95
Enterprise Value/Ebitda18.32
Forecast
1Y Price Target
$38.82Price Target Upside3.85% Upside
Rating ConsensusHold
Number of Analyst Covering11
EPS Forecast (FY)-0.37
Revenue Forecast (FY)$1.88B
Bulls Say, Bears Say
Bulls Say
New York Leasing And NOI GrowthRising occupancy and double-digit same-store NOI growth indicate improving demand and stronger property-level cash generation in Vornado’s core New York portfolio. Continued leasing gains can support recurring rental income, tenant retention, and operating leverage over the next several quarters.
Leasing Pipeline And Embedded Rent GrowthThe large leasing pipeline and signed-but-not-commenced rent backlog provide visible sources of future occupancy and revenue growth. As these leases commence, Vornado can convert current leasing activity and mark-to-market gains into recurring cash flow and improved portfolio utilization.
Liquidity And Financial ResourcesSubstantial liquidity gives Vornado resources to fund property operations, address maturities, and support redevelopment while leasing conditions continue to improve. Cash and undrawn capacity also provide flexibility to manage the timing of asset sales and major capital commitments.
Bears Say
Elevated Leverage And Interest BurdenHistorically elevated leverage leaves Vornado more exposed to refinancing conditions and interest costs than a lightly levered owner. Higher net interest expense can absorb operating gains, constrain capital allocation, and reduce the cash available for redevelopment, debt reduction, or distributions.
350 Park Development Execution RiskThe 350 Park project creates a multi-year gap between capital spending and economic returns, while demolition removes existing income. Delays, cost increases, or slower leasing could extend the earnings drag and require additional equity before the development contributes meaningfully.
Uneven Cash Generation And Earnings QualityThe sharp decline in trailing free cash flow and inconsistent conversion of accounting earnings into operating cash reduce confidence in near-term cash generation. Modest, volatile net profitability makes it harder to fund investment internally and increases reliance on financing or asset monetization.
Vornado Realty News
VNO FAQ
What was Vornado Realty’s price range in the past 12 months?
Vornado Realty lowest stock price was $24.57 and its highest was $41.60 in the past 12 months.
What is Vornado Realty’s market cap?
Vornado Realty’s market cap is $6.55B.
When is Vornado Realty’s upcoming earnings report date?
Vornado Realty’s upcoming earnings report date is Nov 02, 2026 which is in 12 days.
How were Vornado Realty’s earnings last quarter?
Vornado Realty 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 overvalued?
According to Wall Street analysts Vornado Realty’s price is currently Undervalued.
Does Vornado Realty pay dividends?
Vornado Realty pays a Annually dividend of $0.74 which represents an annual dividend yield of 2.23%. See more information on Vornado Realty dividends here
What is Vornado Realty’s EPS estimate?
Vornado Realty’s EPS estimate is -0.2.
How many shares outstanding does Vornado Realty have?
Vornado Realty has 186,720,540 shares outstanding.
What happened to Vornado Realty’s price movement after its last earnings report?
Vornado Realty 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?
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
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$38.82 (3.85% Upside)
$38.82 (3.85% Upside)
Blogger Sentiment
Bullish
VNO Sentiment 67%
Sector Average 62%
Sector Average 62%
Hedge Fund Trend
Decreased
By 19.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 2.9%
Last 30 Days ▼ 2.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-11.59%
12-Months-Change
Fundamentals
Return on Equity
1.14%
Trailing 12-Months
Asset Growth
0.02%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Vornado Realty
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
$38.82
▲(3.85% Upside)
Technical Analysis
Ownership Overview
7.30% Insiders
26.13% Mutual Funds
0.15% Other Institutional Investors
40.50% Public Companies and
Individual Investors