Inside the research
Vornado Realty Trust
VNO Research profile · latest available data
Price overview
$34.73
▲ +0.35 (+1.0%)
| 52w hi | $40.91 |
|---|---|
| 52w lo | $24.71 |
| Vol | 1.07M |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.39
| Short | +0.05 |
|---|---|
| Medium | -0.51 |
| Long | -1.03 |
computed 2026-09-27
Key fundamentals
Vornado Realty Trust
Real Estate · REIT - Office
| Market cap | $6.88B |
|---|---|
| Enterprise value | $16.06B |
| Trailing P/E | 1157.67x |
| Forward P/E | 112.03x |
| EV / EBITDA | 20.81x |
| P / S (ttm) | 3.79x |
| Profit margin | 3.6% |
| Return on equity | 0.6% |
| Revenue growth | +5.0% |
| Earnings growth | -97.8% |
| Debt / equity | 122.32 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | -0.14 | |
| Sector | -0.04 | |
| Technical | -0.09 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Vornado Realty Trust is a fully integrated real estate investment trust with a 26 million square-foot portfolio of premier New York City office, retail and multifamily assets and the developer of the new PENN DISTRICT. While concentrated in New York, Vornado also owns premier assets in both Chicago and San Francisco. Vornado is a real estate industry leader in sustainability, with 100% of our in-service office buildings LEED certified and over 95% certified LEED Gold or Platinum. Vornado Realty Trust was incorporated in 1946 in Maryland, USA.
Risk Metrics
| Beta vs SPX | 1.22 |
|---|---|
| Corr SPX | 0.56 |
| Annual vol | 35.0% |
| Annual ret | +0.6% |
| Sharpe | 0.02 |
| Max DD | -46.0% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-03 | Earnings Release, Exhibits | read |
| 2026-05-22 | Shareholder Vote | read |
| 2026-05-04 | Earnings Release, Exhibits | read |
| 2026-04-08 | Reg FD Disclosure, Exhibits | read |
| 2026-04-07 | Reg FD Disclosure, Exhibits | read |
| 2026-02-09 | Earnings Release, Exhibits | read |
| 2026-01-14 | Other Material Event, Exhibits | read |
| 2026-01-07 | Material Agreement, Material Obligation | read |
| 2025-11-03 | Earnings Release, Exhibits | read |
| 2025-08-04 | Earnings Release, Exhibits | read |
| 2025-05-22 | Shareholder Vote | read |
| 2025-05-05 | Earnings Release, Exhibits | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-06-17 | Fascitelli Michael D | Director | Sell | 125.35K | $4.58M |
| 2026-06-17 | Fascitelli Michael D | Director | Sell | 8.00K | $298.72K |
| 2026-06-08 | WIGHT RUSSELL B JR | Director | Buy | 1.00K | $17.69K |
Flow & Concentration
| Insider 180d net | -$4.87M |
|---|---|
| Insider buys / sells | 1 / 2 |
| Insider bias | Sellers |
| 13F holders | 0 |
| Top-5 share | 0.0% |
| HHI | 0 (—) |
Dividends
| Yield (TTM) | 2.13% |
|---|---|
| $ / share (TTM) | $0.74 |
| 5y CAGR | -20.8% |
Annual dividend per share
| 2020 | $2.38 |
|---|---|
| 2021 | $2.12 |
| 2022 | $2.12 |
| 2023 | $0.68 |
| 2024 | $0.74 |
| 2025 | $0.74 |
SEC Filings
The Long Run
FY 2009–2025 · 17 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $1.81B | +18.8% | |
| Operating income | $582.96M | -3.4% | |
| Net income | $105.49M | -7.8% | |
| Cash from ops | $537.72M | -1.6% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $34.45 | $34.90 | $34.24 | $34.73 | 1.07M |
| Sep 24 | $33.83 | $34.73 | $33.83 | $34.38 | 1.20M |
| Sep 23 | $35.29 | $35.29 | $34.10 | $34.16 | 1.51M |
| Sep 22 | $36.37 | $36.42 | $35.11 | $35.28 | 1.55M |
| Sep 21 | $35.28 | $35.59 | $35.02 | $35.58 | 1.50M |
Understand the score. Research layers are inputs to a model, and the available data has limits.
Read the methodology →