Vornado Realty Trust (VNO · NYSE)
VNO · MARKET VIEW
Market view · as of Aug 17, 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
82.4%
-7.2% vs 52w high · -3.3% 1mo
Price (last ~year)
Vornado Realty Trust recently announced a joint venture to develop a 1.9 million square foot office tower at 350 Park Avenue in Manhattan, a project central to its current growth strategy. The REIT reported $1.88 billion in trailing twelve-month revenue, a 5.0% year-over-year increase, alongside $8.16 billion in total debt and a debt-to-EBITDA ratio of 10.6x. Shares closed at $39.00, reflecting a 28.6% gain over the last three months, following a second-quarter earnings report of $0.67 per share that exceeded analyst estimates.
Valuation
- Market cap
- $7.72B
- P/E
- 1300
- PEG
- 2.196
- P/B
- 1.581
- P/S
- 4.115
- EV/EBITDA
- 17.33
- Beta
- 1.551
- Analyst target
- $40.38
Quality & returns
- Gross margin
- 49.6%
- Operating margin
- 9.8%
- Profit margin
- 3.6%
- ROE
- 0.6%
- ROA
- 1.0%
Price movement
- Last
- $39.00
- 1-month
- -3.3%
- 3-month
- +28.6%
- RSI (14)
- 47
- vs SMA200
- +17.6%
- 52-wk position
- 82.4% -7.2% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-06-30 | $462.2M | $25.6M | $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 Vornado Realty Trust $VNO Shares Bought by Bank of America Corp DE · 2026-08-16
- Neutral Is Vornado Realty Trust (VNO) Fairly Valued After Its 350 Park Avenue Joint Venture? · 2026-08-15
- Bullish Does Vornado Realty Trust (VNO) Change Its Manhattan Growth Case With 350 Park Avenue? · 2026-08-14
- Somewhat-Bullish Vornado Realty Trust Stock 12‑Month Price Target Raised to $40.38, Implies 2% Upside · 2026-08-14
- Somewhat-Bullish Does Vornado Realty Trust (VNO) Change Its Manhattan Growth Case With 350 Park Avenue? · 2026-08-13
- Somewhat-Bullish Does Vornado Realty Trust (VNO) Change Its Manhattan Growth Case With 350 Park Avenue? · 2026-08-13
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)