Vornado Realty Trust (VNO · NYSE)
VNO · MARKET VIEW
Market view · as of Jun 15, 2026
Revenue (TTM)
$1.85B
-2.2% YoY
Gross margin
49.2%
EPS (latest q)
$-0.08
vs $-0.11 est · beat
52-wk position
78.2%
-9.0% vs 52w high · +23.2% 1mo
Price (last ~year)
Vornado Realty Trust recently finalized a 49% ownership stake in the $1.1 billion Park Avenue Plaza office tower, a move following the achievement of 90% leasing at its PENN 2 property. Shares have risen 44.9% over the last three months, despite the company reporting a $7.3 million net loss on $459.1 million in revenue for the quarter ending March 31, 2026. The REIT currently carries $8.41 billion in total debt against a market capitalization of $7.84 billion.
Valuation
- Market cap
- $7.84B
- P/E
- 10.48
- PEG
- 7.37
- P/B
- 1.489
- P/S
- 4.227
- EV/EBITDA
- 9.58
- Beta
- 1.565
- Analyst target
- $33.54
Quality & returns
- Gross margin
- 49.2%
- Operating margin
- 13.7%
- Profit margin
- 42.9%
- ROE
- 12.6%
- ROA
- 1.1%
Price movement
- Last
- $38.27
- 1-month
- +23.2%
- 3-month
- +44.9%
- RSI (14)
- 83
- vs SMA200
- +15.3%
- 52-wk position
- 78.2% -9.0% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-03-31 | $459.1M | $50.4M | $-7.3M | $191.6M |
| 2025-12-31 | $453.7M | $66.2M | $16.1M | $212.0M |
| 2025-09-30 | $453.7M | $57.3M | $27.1M | $215.1M |
| 2025-06-30 | $441.4M | $66.5M | $759.3M | $1.02B |
Recent news
- Neutral Are investors undervaluing Vornado Realty Trust (VNO) right now? · 2026-06-14
- Bullish Vornado Realty Trust Completes Acquisition Of 49% Stake In Park Avenue Plaza · 2026-06-14
- Somewhat-Bullish Vornado Realty Trust (VNO) Stock After PENN 2 Leasing And Park Avenue Plaza Deal How Does Valuation Stack Up · 2026-06-14
- Somewhat-Bullish Vornado Closes on 49% Stake in Fisher Brothers’ Park Avenue Plaza · 2026-06-12
- Bullish Vornado Realty acquires 49% interest in Park Avenue Plaza for $1.1B · 2026-06-12
- Neutral Vornado completes 49% stake purchase in Park Avenue Plaza · 2026-06-12
Sources this view read
- fundamentals Company overview & valuation (Alpha Vantage OVERVIEW)
- filing Quarterly financial statements (Alpha Vantage INCOME/BALANCE/CASH)
- earnings Reported earnings history (Alpha Vantage EARNINGS)
- prices Adjusted daily prices (Alpha Vantage TIME_SERIES_DAILY_ADJUSTED)