Vornado Realty Trust (VNO · NYSE)
VNO · MARKET VIEW
Market view · as of Aug 10, 2026
Revenue (TTM)
$1.88B
+5.0% YoY
Gross margin
49.6%
EPS (latest q)
$0.67
vs $0.57 est · beat
52-wk position
85.3%
-6.0% vs 52w high · +3.0% 1mo
Price (last ~year)
Vornado Realty Trust (VNO) reported a Q2 2026 net income of $32.0 million on $462.2 million in revenue, representing a 5.0% year-over-year revenue increase. Shares have gained 26.5% over the past three months to trade at $39.50, positioning the stock near the consensus analyst target of $39.69. The REIT maintains a debt-to-EBITDA ratio of 10.6x against $8.16 billion in total debt, while generating $91.1 million in free cash flow for the quarter ending June 30, 2026.
Valuation
- Market cap
- $7.82B
- P/E
- 1316.67
- PEG
- 7.37
- P/B
- 1.602
- P/S
- 4.309
- EV/EBITDA
- 17.44
- Beta
- 1.551
- Analyst target
- $39.69
Quality & returns
- Gross margin
- 49.6%
- Operating margin
- 9.8%
- Profit margin
- 3.6%
- ROE
- 0.6%
- ROA
- 1.0%
Price movement
- Last
- $39.50
- 1-month
- +3.0%
- 3-month
- +26.5%
- RSI (14)
- 49
- vs SMA200
- +19.2%
- 52-wk position
- 85.3% -6.0% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-06-30 | $462.2M | $199.5M | $32.0M | $303.6M |
| 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 |
Recent news
- Neutral Renaissance Technologies LLC Boosts Stake in Vornado Realty Trust $VNO · 2026-08-08
- Bullish Ladenburg Thalmann Maintains Vornado Realty Trust(VNO.US) With Buy Rating, Raises Target Price to $50 · 2026-08-06
- Neutral Vornado Realty Trust (NYSE:VNO) Given New $44.00 Price Target at Piper Sandler · 2026-08-06
- Somewhat-Bullish A Quick Look at Today's Ratings for Vornado Realty Trust(VNO.US), With a Forecast Between $32 to $45 · 2026-08-06
- Bullish Vornado Realty Trust Earnings Call Highlights New York Rebound · 2026-08-05
- Somewhat-Bullish Ken Griffin's NYC skyscraper moves forward despite feud with Mayor Zohran Mamdani · 2026-08-05
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)