Vornado Realty Trust (VNO · NYSE)
VNO · MARKET VIEW
Market view · as of Aug 3, 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
84.7%
-6.3% vs 52w high · -2.9% 1mo
Price (last ~year)
Vornado Realty Trust (VNO) shares have risen 30.2% over the last three months to $39.39, as the Manhattan-focused office REIT prepares to provide updates on its 350 Park Avenue skyscraper project. The company carries $8.41 billion in total debt against a market capitalization of $8.07 billion, with a debt-to-EBITDA ratio of 11.2x. For the quarter ending March 31, 2026, Vornado reported $459.1 million in revenue and a net loss of $7.3 million.
Valuation
- Market cap
- $8.07B
- P/E
- 10.79
- PEG
- 2.196
- P/B
- 1.532
- P/S
- 4.32
- EV/EBITDA
- 9.71
- Beta
- 1.531
- Analyst target
- $38.85
Quality & returns
- Gross margin
- 49.2%
- Operating margin
- 13.7%
- Profit margin
- 42.9%
- ROE
- 12.6%
- ROA
- 1.1%
Price movement
- Last
- $39.39
- 1-month
- -2.9%
- 3-month
- +30.2%
- RSI (14)
- 56
- vs SMA200
- +19.0%
- 52-wk position
- 84.7% -6.3% 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
- Bullish Vornado Realty Trust earnings call to focus on 350 Park Ave. project and Ken Griffin's commitment. · 2026-08-02
- Neutral Ken Griffin’s Park Ave. project with Vornado set for major update this week · 2026-08-02
- Neutral Vornado Realty Trust (NYSE:VNO) Given Consensus Rating of "Hold" by Brokerages · 2026-08-01
- Neutral Billionaires’ Row’s latest legal fight centers on water quality at 220 CPS · 2026-08-01
- Somewhat-Bullish Vornado (VNO) Stock May Be 24% Below Fair Value Following NYC Studio Deal · 2026-08-01
- Bullish Vornado Declares Quarterly Dividends On Preferred Shares · 2026-07-30
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)