Vornado Realty Trust/$VNO
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Vornado Realty Trust
Vornado Realty Trust is a fully integrated real estate investment trust with a portfolio of New York City office, retail, and multifamily assets, and the developer of the new Penn District. While concentrated in New York, the trust also owns assets in both Chicago and San Francisco. It generates revenue in the form of property rentals, fees charged for trade shows, parking revenues, management and leasing fees, etc. Vornado operates in the following reportable segments: New York (its key revenue-generating market) and Other.
- Ticker
- $VNO
- Sector
- Real Estate
- Primary listing
- NYSE
- Employees
- 3,145
- Headquarters
- New York, United States
- Website
- www.vno.com
VNO Metrics
BasicAdvanced
$6.5B
1,136.25
$0.03
1.55
$0.74
2.14%
Price and volume
Market cap
$6.5B
Beta
1.55
52-week high
$41.60
52-week low
$24.57
Average daily volume
1.4M
Dividend rate
$0.74
Financial strength
Current ratio
5.343
Quick ratio
5.022
Long term debt to equity
1.223
Total debt to equity
1.223
Dividend payout ratio (TTM)
299.60%
Interest coverage (TTM)
0.78%
Profitability
EBITDA (TTM)
771.632
Gross margin (TTM)
49.60%
Net profit margin (TTM)
3.62%
Operating margin (TTM)
13.42%
Effective tax rate (TTM)
22.02%
Revenue per employee (TTM)
$600,000
Management effectiveness
Return on assets (TTM)
1.01%
Return on equity (TTM)
0.60%
Valuation
Price to earnings (TTM)
1,136.252
Price to revenue (TTM)
3.5
Price to book
1.4
Price to tangible book (TTM)
1.43
Price to free cash flow (TTM)
19.982
Free cash flow yield (TTM)
5.00%
Free cash flow per share (TTM)
1.729
Dividend yield (TTM)
2.14%
Forward dividend yield
2.14%
Growth
Revenue change (TTM)
-0.67%
Earnings per share change (TTM)
-99.25%
3-year revenue growth (CAGR)
-0.50%
10-year revenue growth (CAGR)
-1.71%
3-year earnings per share growth (CAGR)
-76.23%
10-year earnings per share growth (CAGR)
-36.43%
3-year dividend per share growth (CAGR)
-19.81%
10-year dividend per share growth (CAGR)
-11.53%
What the Analysts think about VNO
Analyst ratings (Buy, Hold, Sell) for Vornado Realty Trust stock.
Analyst projections of the future price of Vornado Realty Trust stock.
Bulls say / Bears say
Adjusted FFO rose to $0.67 per share in the second quarter from $0.56 a year earlier, while New York office occupancy reached 92.2%. The results point to improving income as leasing gains feed through. (SEC)
PENN 2 reached 90% leased after Vornado signed 125,000 square feet of long-term leases with Veeva and Altana. That is evidence that its upgraded Penn District offices are attracting tenants and securing future rent. (Vornado Realty Trust)
Vornado’s 623 Fifth Avenue redevelopment is projected to deliver a 10.1% incremental cash yield once leasing stabilises in 2028. If achieved, it could add a meaningful income stream beyond the current portfolio. (SEC)
555 California Street is a weak spot: its same-store NOI fell 17.9% year on year in the first half of 2026, on Vornado’s reported basis. Continued weakness there would offset gains in New York. (SEC)
A $244.5 million mortgage on 888 Seventh Avenue matured unpaid and went into default. Lenders agreed to forbear, but required payments are deferred and will become due when that agreement ends or is terminated. (SEC)
The proposed 15 Penn tower remains uncertain: a September report said there had been no visible progress at the site and that construction still needs lower interest rates and a major anchor tenant. That leaves a large development opportunity dependent on financing and leasing conditions. (OTD Downtown)
Data summarised monthly by Lightyear AI. Last updated on 22 Oct 2026.
VNO Financial Performance
Revenues and expenses
VNO Earnings Performance
Company profitability
Upcoming events
No upcoming events
VNO News
AllArticlesVideos
Funds containing VNO
AllEURUSDGBP
Fund name | Fund size | $VNO weighting |
|---|---|---|
VanEck Global Real Estate€TRET | €448M | 0.39% |
VanEck Global Real Estate£TREG | €448M | 0.39% |
iShares Developed Markets Property Yield$IDWP | $1.2B | 0.37% |
iShares Developed Markets Property Yield£IWDP | $1.2B | 0.37% |
SPDR S&P 400 US Mid Cap$SPY4 | $6.4B | 0.16% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.