Vornado Realty Trust (VNO)

Vornado Realty Trust is a real estate investment trust focused on office, retail, and multifamily properties, with a portfolio of about 26 million square feet. Its assets are concentrated in New York City and include the new PENN DISTRICT development, while the trust also owns properties in Chicago and San Francisco. The listed security is common stock of the REIT on the New York Stock Exchange. Vornado also reports that all of its in-service office buildings are LEED certified, with most certified at the Gold or Platinum level.


Jump directly to the stock analysis sections supported by the latest available data.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Payout Ratio Free Cash Flow / Net Income
NYSE-VNO
$41.13
17.9% Upside
Fair
$40.15
15.1% Upside
Fair
Fair
2.1%
November 2, 2026
1,124.5x
1.5x
3.8x
7.096 B
13.845 B
47.2%
83.8%
0.8
299.6%
6,760.4%
Valuation • Fair Value

Vornado Realty Trust (NYSE-VNO) Fair Value by Valuation Model

Review the available estimates for Vornado Realty Trust (NYSE-VNO), including Ben Graham Formula Value, Comps Fair Value.

Primary Valuation Read

Fair Value

$41.13

Estimated upside of 17.9% versus the current market price.

Fair Value Confidence

Low

Confidence level for the primary fair value estimate.

Ben Graham Formula Value

$0.34

Classic Ben Graham valuation formula reference.

Comps Fair Value

$41.13

Comparable-company valuation reference.

Analyst Price Target

$40.15

Analysts imply upside of 15.1%.

How to read these valuation models

Use the 5 available valuation references for Vornado Realty Trust (NYSE-VNO) as analytical inputs, not a standalone conclusion. Valuation methods can differ because they rely on different assumptions, time horizons and financial inputs; compare the estimates with the current price and the company’s financial quality.

Profitability • Growth

Profitability & Growth for Vornado Realty Trust (NYSE-VNO)

Review the profitability and growth indicators currently supported by the latest data.

Revenue

1.877 B

Current operating scale indicator.

Revenue Forecast

1.877 B

Forward revenue estimate.

EBITDA

771.6 M

Current operating profitability reference.

EBITDA Forecast

750.2 M

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review Vornado Realty Trust (NYSE-VNO) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for Vornado Realty Trust (NYSE-VNO)

Review the financial quality and risk indicators currently supported by the latest data.

Financial Health

Fair

Mixed or neutral financial-health read.

Piotroski Score

3

Weak quality score that deserves closer review.

Beneish M-Score

-2.44

No elevated caution signal from this screen.

Altman Z-Score

0.8

Lower score that deserves closer risk review.

FCF / Net Income

6,760.4%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for Vornado Realty Trust (NYSE-VNO). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for Vornado Realty Trust (NYSE-VNO)

Track the upcoming dates and dividend metrics currently supported by the latest data.

Next Earnings Date

November 2, 2026

Days to Earnings

45

Dividend Yield

2.1%

Current income yield reference.

Payout Ratio

299.6%

Dividend payout reference.

How to read events and dividends

This section helps investors track time-sensitive items for Vornado Realty Trust (NYSE-VNO), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

Vornado Realty Trust (NYSE-VNO) Stock Forecast & Technical Outlook

Review Vornado Realty Trust (NYSE-VNO) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Strong Buy

The 15-minute technical read for Vornado Realty Trust (NYSE-VNO) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Neutral

The 1-hour technical read for Vornado Realty Trust (NYSE-VNO) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Sell

The daily technical read for Vornado Realty Trust (NYSE-VNO) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Strong Sell

The weekly technical read for Vornado Realty Trust (NYSE-VNO) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Neutral

The monthly technical read for Vornado Realty Trust (NYSE-VNO) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for Vornado Realty Trust (NYSE-VNO)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Hold

Based on the available recommendation mix, Vornado Realty Trust (NYSE-VNO) has a Hold consensus, with 4 buy, 6 hold and 2 sell recommendations in the current data set.

Buy 4
Hold 6
Sell 2
FAQ Fast Investor Answers

Vornado Realty Trust (NYSE-VNO) Stock FAQ

Data-supported answers about Vornado Realty Trust (NYSE-VNO), including explicit coverage status where a reliable valuation estimate is not currently available.

Fair Value
$41.13
Estimated upside 17.9%
Valuation Rating
Undervalued
Estimated upside of 17.9%
Analyst Target
$40.15
Implied upside 15.1%
Financial Health
Fair
Current financial-health read

The current fair value estimate for Vornado Realty Trust (NYSE-VNO) is $41.13. This implies an estimated upside of 17.9% versus the current market price.

Based on the current fair value estimate, the stock appears undervalued, with estimated upside of 17.9% versus the current market price.

The available analyst price target for Vornado Realty Trust (NYSE-VNO) is $40.15. The analyst target implies estimated upside of 15.1%.

The current financial health read for Vornado Realty Trust (NYSE-VNO) is Fair. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for Vornado Realty Trust (NYSE-VNO) is November 2, 2026.

Based on the current data, dividend yield is 2.1%.

The current P/E ratio listed for Vornado Realty Trust (NYSE-VNO) is 1,124.5x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for Vornado Realty Trust is 7.096 B.

The current enterprise value listed for Vornado Realty Trust is 13.845 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for Vornado Realty Trust is NYSE-VNO, and the stock is listed on NYSE.

Vornado Realty Trust (NYSE-VNO) is listed on NYSE.

The current debt-to-total-capital ratio listed for Vornado Realty Trust is 47.2%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for Vornado Realty Trust is 83.8%. Free float helps investors understand how much of the share base is available for public trading.