Vornado Realty Trust
$ 31.84
2.74%
10 Feb - close price
- Market Cap 6,647,022,000 USD
- Current Price $ 31.84
- High / Low $ 32.26 / 30.65
- Stock P/E 7.40
- Book Value 25.20
- EPS 4.30
- Next Earning Report 2026-05-04
- Dividend Per Share N/A
- Dividend Yield 0 %
- Next Dividend Date -
- ROA 0.01 %
- ROE 0.14 %
- 52 Week High 42.43
- 52 Week Low 29.04
About
Vornado Realty Trust (VNO) is a leading real estate investment trust headquartered in Maryland, specializing in the acquisition, development, and management of premier office and retail properties, primarily concentrated in New York City. With a portfolio that includes several of the city's most prestigious landmarks, Vornado strategically capitalizes on New York's robust economic landscape and its position as a global business hub. The company’s focus on high-quality assets and proven operational expertise positions it as a compelling investment choice for institutional investors seeking to diversify their holdings within a resilient urban market.
Analyst Target Price
$38.38
Quarterly Earnings
| Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2026-02-09 | 2025-11-03 | 2025-08-04 | 2025-05-05 | 2025-02-10 | 2024-11-04 | 2024-08-05 | 2024-05-06 | 2024-02-12 | 2023-10-30 | 2023-07-31 | 2023-05-01 |
| Reported EPS | 0.01 | 0.06 | 3.7 | 0.43 | 0.01 | -0.1 | 0.18 | -0.05 | 0.04 | 0.07 | 0.14 | 0.01 |
| Estimated EPS | 0.02 | -0.08 | -0.07 | -0.03 | -0.09 | -0.09 | -0.1 | -0.07 | 0.03 | 0.08 | 0.05 | -0.06 |
| Surprise | -0.01 | 0.14 | 3.77 | 0.46 | 0.1 | -0.01 | 0.28 | 0.02 | 0.01 | -0.01 | 0.09 | 0.07 |
| Surprise Percentage | -50% | 175% | 5385.7143% | 1533.3333% | 111.1111% | -11.1111% | 280% | 28.5714% | 33.3333% | -12.5% | 180% | 116.6667% |
Next Quarterly Earnings
| Mar 2026 | |
|---|---|
| Reported Date | 2026-05-04 |
| Fiscal Date Ending | 2026-03-31 |
| Estimated EPS | 0.06 |
| Currency | USD |
Previous Dividend Records
| Dec 2025 | Dec 2024 | Dec 2023 | Feb 2023 | Nov 2022 | Aug 2022 | May 2022 | Feb 2022 | Nov 2021 | Aug 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | 2025-12-29 | 2024-12-27 | 2023-12-27 | 2023-02-10 | 2022-11-18 | 2022-08-19 | 2022-05-20 | 2022-02-11 | 2021-11-19 | 2021-08-20 |
| Amount | $0.74 | $0.74 | $0.3 | $0.375 | $0.53 | $0.53 | $0.53 | $0.53 | $0.53 | $0.53 |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: VNO
2026-02-11 06:58:15
Shares of Vornado Realty Trust (VNO) rose after reporting that Manhattan office leasing activity reached a decade high in Q4 2025, driven by strong demand in its Penn District portfolio. Despite missing FFO estimates due to higher interest expenses, the company saw increased revenue and occupancy, with management optimistic about a "landlord's market" for premium Class A assets. Challenges remain from rising interest rates and reliance on rent concessions, though the company maintains strong liquidity and strategic development projects.
2026-02-10 18:58:09
Steven Roth, head of Vornado Realty Trust, is aggressively buying back company shares to counter its poor stock performance, despite his recent successes in new property acquisitions and developments. Vornado's stock has dropped significantly, and Roth believes it is "stupid cheap," representing a better investment than many other options. This strategy comes amid broader market concerns for office landlords and a high office vacancy rate in Manhattan, with Roth indicating a willingness to sell properties to fund further share repurchases.
2026-02-10 16:58:09
Vornado Realty Trust reported a Q4 2025 EPS of $0.55, a decrease from $0.61 in Q4 2024, despite an increase in Manhattan office occupancy to 91.2%. The company's stock experienced a slight pre-market uptick, and it announced expectations for 2026 comparable FFO to align with 2025 levels, with significant earnings growth projected for 2027. Vornado is also undertaking major development projects, including 350 Park Avenue and 623 Fifth Avenue, and has been actively buying back shares.
2026-02-10 16:58:08
Vornado Realty Trust (VNO) is currently drawing investor attention due to mixed short-term stock returns, with a 1-day decline of 0.90% and a 30-day decline of 10.20%, contrasting with a 3-year total shareholder return of 41.19%. Despite recent weaknesses, Simply Wall St assesses Vornado as 22.1% undervalued, with a fair value of $39.80 against its current price of $30.99, anticipating robust rent growth in Manhattan's premium office segment. This valuation, however, is subject to risks like weaker cash flow or execution issues on projects such as the Penn District.
2026-02-09 21:48:36
Vornado Realty Trust has successfully completed a $525 million refinancing for its One Park Avenue property in Manhattan. This new interest-only loan, set at SOFR plus 1.78% and maturing in February 2031, replaces an older loan with a lower rate. The refinancing strengthens Vornado's liquidity as commercial real estate adapts to higher interest rates, with New York University leasing a significant portion of the building.
2026-02-09 21:36:36
Vornado Realty Trust (VNO) announced its fourth-quarter revenue reached $453.7 million, surpassing FactSet's estimate of $444.7 million. The report, published on February 9, 2026, highlights the company's financial performance. Vornado Realty Trust, a real estate investment trust, primarily focuses on premier office and high street retail properties in New York City.
