Vornado Realty Trust (VNO · NYSE)
VNO · MARKET VIEW
Market view · as of Jul 6, 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
91.6%
-3.5% vs 52w high · +19.4% 1mo
Price (last ~year)
Vornado Realty Trust (VNO) shares have risen 55.9% over the last three months to $40.58, currently trading at 91.6% of the 52-week high. The New York City-focused office and retail REIT reported $459.1 million in revenue and a $7.3 million net loss for the quarter ending March 31, 2026, while carrying $8.41 billion in total debt. Despite a 2.2% year-over-year decline in revenue, the company posted $47.7 million in free cash flow and an 11.2x Debt/EBITDA ratio.
Valuation
- Market cap
- $8.31B
- P/E
- 11.12
- PEG
- 7.37
- P/B
- 1.579
- P/S
- 4.482
- EV/EBITDA
- 9.85
- Beta
- 1.531
- Analyst target
- $36.15
Quality & returns
- Gross margin
- 49.2%
- Operating margin
- 13.7%
- Profit margin
- 42.9%
- ROE
- 12.6%
- ROA
- 1.1%
Price movement
- Last
- $40.58
- 1-month
- +19.4%
- 3-month
- +55.9%
- RSI (14)
- 61
- vs SMA200
- +22.5%
- 52-wk position
- 91.6% -3.5% 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 Louisiana State Employees Retirement System Invests $1.21 Million in Vornado Realty Trust $VNO · 2026-07-04
- Bullish Rising Stars in Real Estate, 2020: Brian Cantrell · 2026-07-02
- Neutral Lawsuit filed against tower for Independence Plaza · 2026-07-02
- Neutral VNO - Vornado Realty Trust Revenue Breakdown · 2026-07-02
- Neutral Prospect Financial Services LLC Sells 28,456 Shares of Vornado Realty Trust $VNO · 2026-07-02
- Somewhat-Bearish Jared Solomon wants out of Brooklyn detention center · 2026-07-01
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)