The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

VNO

Concerning the House

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.

United States · www.vno.com

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$1.81B+18.8%
Operating income$582.96M-3.4%
Net income$105.49M-7.8%
Cash from ops$537.72M-1.6%
Quotation

$39.67

+0.44 (+1.1%)

52w hi$42.04
52w lo$24.71
Vol623.66K
As ofAug 13
The Verdict

Hold

Our score +0.11

Short+0.56
Medium+0.07
Long-0.71

computed 2026-08-13

By the Numbers

Vornado Realty Trust

Real Estate · REIT - Office

Market cap$8.12B
Enterprise value$16.90B
Trailing P/E1322.33x
Forward P/E127.97x
EV / EBITDA21.90x
P / S (ttm)4.19x
Profit margin3.6%
Return on equity0.6%
Revenue growth+5.0%
Earnings growth-97.8%
Debt / equity122.32
Risk Metrics
Beta vs SPX1.21
Corr SPX0.56
Annual vol35.1%
Annual ret+17.7%
Sharpe0.50
Max DD-46.0%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental-0.14
Sector+0.04
Technical+0.33
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$39.40$40.18$39.38$39.67623.66K
Aug 12$39.05$39.41$38.73$39.231.18M
Aug 11$38.87$39.38$38.61$38.801.15M
Aug 10$39.21$39.22$38.41$38.891.47M
Aug 7$39.09$39.86$38.79$39.50991.80K