Vornado Realty Trust (VNO · NYSE)

VNO · MARKET VIEW

Market view · as of Jun 22, 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
75.6%
-10.1% vs 52w high · +19.7% 1mo

Price (last ~year)

Vornado Realty Trust (VNO) shares have risen 44.8% over the last three months to $37.81, despite a 2.2% year-over-year decline in TTM revenue to $1.85 billion. For the quarter ending March 31, 2026, the office REIT reported a net loss of $7.3 million on $459.1 million in revenue, with total debt standing at $8.41 billion and a Debt/EBITDA ratio of 11.2x. Recent market activity follows director stock sales totaling approximately $4.88 million in mid-June 2026.

Valuation

Market cap
$7.74B
P/E
10.36
PEG
2.196
P/B
1.471
P/S
4.176
EV/EBITDA
9.53
Beta
1.565
Analyst target
$35.23

Quality & returns

Gross margin
49.2%
Operating margin
13.7%
Profit margin
42.9%
ROE
12.6%
ROA
1.1%

Price movement

Last
$37.81
1-month
+19.7%
3-month
+44.8%
RSI (14)
69
vs SMA200
+13.9%
52-wk position
75.6% -10.1% vs high

Quarterly trajectory

Revenue by quarter (oldest → newest)

QuarterRevenueOp incomeNet incomeEBITDA
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

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)

Other snapshots