Vornado Realty Trust (VNO)

NYSE: VNO · Real-Time Price · USD
29.89
+0.54 (1.84%)
At close: Feb 13, 2026, 4:00 PM EST
29.88
-0.01 (-0.03%)
After-hours: Feb 13, 2026, 7:00 PM EST
Market Cap6.17B -24.0%
Revenue (ttm)1.86B -1.9%
Net Income842.85M +1,185.7%
EPS4.20 +10,398.2%
Shares Out 206.43M
PE Ratio7.12
Forward PE257.63
Dividend$0.74 (2.48%)
Ex-Dividend DateDec 18, 2025
Volume3,760,085
Open29.58
Previous Close29.35
Day's Range29.25 - 30.53
52-Week Range28.08 - 43.37
Beta1.52
AnalystsHold
Price Target37.42 (+25.19%)
Earnings DateFeb 9, 2026

About VNO

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. [Read more]

Industry REIT - Office
Founded 1946
Employees 3,145
Stock Exchange NYSE
Ticker Symbol VNO
Full Company Profile

Financial Performance

In 2025, Vornado Realty Trust's revenue was $1.86 billion, a decrease of -1.87% compared to the previous year's $1.90 billion. Earnings were $842.85 million, an increase of 10085.51%.

Financial Statements

Analyst Summary

According to 12 analysts, the average rating for VNO stock is "Hold." The 12-month stock price target is $37.42, which is an increase of 25.19% from the latest price.

Price Target
$37.42
(25.19% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Vornado Realty Dips As Manhattan Office Leasing Moves Up

Vornado Realty saw its New York occupancy rate reach 90% to end 2025, a material 250 basis point rise from the third quarter. The REIT saw FFO per share decline by 2 cents year-over-year to $0.56 per ...

2 days ago - Seeking Alpha

Vornado Realty: Reviewing The 7%+ Preferreds After The Latest Earnings

Vornado Realty Trust maintains stable financial and credit metrics, with total assets of ~$15.5B and debt of ~$7.94B. VNO's market-adjusted asset yield is 4.5%, and its expected AFFO yield is 5.05%, a...

2 days ago - Seeking Alpha

Vornado Realty Trust (VNO) Q4 2025 Earnings Call Transcript

Vornado Realty Trust (VNO) Q4 2025 Earnings Call Transcript

4 days ago - Seeking Alpha

Vornado Announces Fourth Quarter 2025 Financial Results

NEW YORK, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today: Quarter Ended December 31, 2025 Financial Results NET INCOME attributable to common shareholders for the qu...

5 days ago - GlobeNewsWire

Vornado Completes $525 Million Refinancing of One Park Avenue

NEW YORK, Feb. 09, 2026 (GLOBE NEWSWIRE) -- VORNADO REALTY TRUST (NYSE: VNO) announced today that it has completed a $525 million refinancing of One Park Avenue, a 945,000 square foot Class A Manhatta...

5 days ago - GlobeNewsWire

Vornado Declares Quarterly Dividends On Preferred Shares

NEW YORK, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared the following quarterly preferred dividends:

9 days ago - GlobeNewsWire

Vornado Realty Trust Engages Newmark for Next Phase of THE PENN DISTRICT Retail Renaissance

NEW YORK, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) today announced it has named Newmark as the exclusive leasing agent for the next stage in its retail transformation in THE ...

12 days ago - GlobeNewsWire

Newmark Engaged by Vornado Realty Trust for Next Phase of THE PENN DISTRICT Retail Renaissance

NEW YORK, Feb. 2, 2026 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, ...

Other symbols: NMRK
12 days ago - PRNewsWire

Beyond The Headlines: Securing +7% Income From NYC's Sky-High Recovery

Data-Driven Resilience: Manhattan office leasing hit 42.8 million square feet in 2025, the highest since 2019. Tightening Trophy Supply: Availability in Midtown trophy assets has plummeted to a near-r...

Other symbols: SLG
14 days ago - Seeking Alpha

Vornado JV Completes $250 Million Refinancing of 7 West 34th Street

NEW YORK, Jan. 26, 2026 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its 53% owned joint venture has completed a $250 million refinancing of 7 West 34th Street, a 477,000 s...

19 days ago - GlobeNewsWire

Vornado Realty Trust: Premier NYC Properties, Shares Trade At A Discount

Vornado Realty Trust is a REIT that is among the most premier real estate owners and operators in the New York City market. Shares were pummeled during the COVID-19 pandemic but have since recovered o...

23 days ago - Seeking Alpha

Alexander's Announces Fourth Quarter Earnings Release Date and Vornado Realty Trust Quarterly Conference Call

PARAMUS, N.J., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Alexander's, Inc. (NYSE: ALX) today announced that it will file its annual report on Form 10-K for the year ended December 31, 2025 with the U.S. Secur...

Other symbols: ALX
24 days ago - GlobeNewsWire

Vornado Announces Fourth Quarter Earnings Release Date and Conference Call Information

NEW YORK, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it will file its annual report on Form 10-K for the year ended December 31, 2025 with the U.S. Securiti...

24 days ago - GlobeNewsWire

Sunset Pier 94 Studios Announces Inaugural Lease with Paramount Television Studios for Dexter®: Resurrection Ahead of Opening

NEW YORK--(BUSINESS WIRE)--Today, Vornado Realty Trust (NYSE: VNO), Hudson Pacific Properties, Inc. (NYSE: HPP), and Blackstone Real Estate, joint venture partners behind Sunset Pier 94 Studios, Manha...

Other symbols: HPP
4 weeks ago - Business Wire

Vornado Acquires 3 East 54th Street, a Premier Plaza District Development Site

NEW YORK, Jan. 07, 2026 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it has acquired 3 East 54th Street, a demolition-ready asset situated on 18,400 square feet of land, fo...

5 weeks ago - GlobeNewsWire

Vornado Prices Public Offering of $500 Million of 7-Year Bonds

NEW YORK, Jan. 07, 2026 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that Vornado Realty L.P., the operating partnership through which Vornado Realty Trust conducts its business...

5 weeks ago - GlobeNewsWire

Vornado Extends Maturities of $2 Billion of Revolving Credit Facility and Term Loan

NEW YORK, Jan. 07, 2026 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it has completed the following refinancings, totaling over $2.0 billion:

5 weeks ago - GlobeNewsWire

The State Of REITs: December 2025 Edition

The REIT sector returned to positive territory in November (+1.02%) after back-to-back months in the red. Mid caps (+3.53%) led the REIT sector in November followed by small caps (+3.38%) and large ca...

2 months ago - Seeking Alpha

Vornado Declares Common Dividend of $.74 Per Share

NEW YORK, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared a dividend of $.74 per common share. The dividend will be payable on...

2 months ago - GlobeNewsWire

Vornado Realty Trust: 7.5% From The Preferred Stocks Is Tempting

Vornado Realty Trust is a leading REIT with a diverse portfolio of office, retail, marketplace, and residential properties in New York. VNO's preferred shares, especially VNO.PR.O, offer yields above ...

3 months ago - Seeking Alpha

Vornado Realty: Manhattan Office Space Becomes A Hot Commodity

Manhattan saw 3.73 million square feet of positive net office absorption in the third quarter, with VNO's occupancy rate set to move into the low 90s next year. Third quarter revenue and FFO beat cons...

3 months ago - Seeking Alpha

Vornado Realty Trust (VNO) Q3 2025 Earnings Call Transcript

Vornado Realty Trust ( VNO) Q3 2025 Earnings Call November 4, 2025 10:00 AM EST Company Participants Steven Borenstein - Executive VP, Corporation Counsel & Secretary Steven Roth - Chairman of the Bo...

3 months ago - Seeking Alpha

Vornado Announces Third Quarter 2025 Financial Results

NEW YORK, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today: Quarter Ended September 30, 2025 Financial Results NET INCOME attributable to common shareholders for the q...

3 months ago - GlobeNewsWire

Why Office REITs Are A Likely Value Trap

Office REITs are cheap and often pitched as great investment opportunities. I strongly disagree and expect more pain ahead. Bulls are ignoring two important risks that could cost them dearly.

Other symbols: AHHBDNBXPCUZFRTSLG
3 months ago - Seeking Alpha

Vornado Announces Third Quarter Earnings Release Date and Conference Call Information

NEW YORK, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it will file its quarterly report on Form 10-Q for the quarter ended September 30, 2025 with the U.S. S...

4 months ago - GlobeNewsWire