Vornado Realty Trust (VNO)

Vornado Realty Trust Statistics

Total Valuation

VNO has a market cap or net worth of $8.88 billion. The enterprise value is $18.53 billion.

Market Cap	8.88B
Enterprise Value	18.53B

Important Dates

The last earnings date was Monday, November 4, 2024, after market close.

Earnings Date	Nov 4, 2024
Ex-Dividend Date	Dec 14, 2023

Share Statistics

VNO has 207.66 million shares outstanding. The number of shares has decreased by -0.48% in one year.

Current Share Class	190.65M
Shares Outstanding	207.66M
Shares Change (YoY)	-0.48%
Shares Change (QoQ)	-1.98%
Owned by Insiders (%)	4.19%
Owned by Institutions (%)	79.47%
Float	161.19M

Valuation Ratios

Price/FFO Ratio	n/a
Price/AFFO Ratio	n/a
PE Ratio	n/a
Forward PE	n/a
PS Ratio	4.35
Forward PS	4.83
PB Ratio	1.99
P/TBV Ratio	2.23
P/FCF Ratio	16.34
P/OCF Ratio	16.34
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 23.23, with an EV/FCF ratio of 34.13.

EV / Earnings	n/a
EV / Sales	9.90
EV / EBITDA	23.23
EV / EBIT	51.91
EV / FCF	34.13

Financial Position

The company has a current ratio of 4.95, with a Debt / Equity ratio of 1.44.

Current Ratio	4.95
Quick Ratio	4.29
Debt / Equity	1.44
Debt / EBITDA	10.52
Debt / FCF	16.67
Interest Coverage	1.02

Financial Efficiency

Return on equity (ROE) is -1.35% and return on invested capital (ROIC) is 1.44%.

Return on Equity (ROE)	-1.35%
Return on Assets (ROA)	1.37%
Return on Capital (ROIC)	1.44%
Revenue Per Employee	$637,540
Profits Per Employee	-$18,379
Employee Count	2,935
Asset Turnover	0.12
Inventory Turnover	n/a

Taxes

In the past 12 months, VNO has paid $25.28 million in taxes.

Income Tax	25.28M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +59.68% in the last 52 weeks. The beta is 1.62, so VNO's price volatility has been higher than the market average.

Beta (5Y)	1.62
52-Week Price Change	+59.68%
50-Day Moving Average	41.56
200-Day Moving Average	31.38
Relative Strength Index (RSI)	53.02
Average Volume (20 Days)	1,433,084

Short Selling Information

The latest short interest is 15.04 million, so 7.24% of the outstanding shares have been sold short.

Short Interest	15.04M
Short Previous Month	12.85M
Short % of Shares Out	7.24%
Short % of Float	9.33%
Short Ratio (days to cover)	9.43

Income Statement

In the last 12 months, VNO had revenue of $1.87 billion and -$53.94 million in losses. Loss per share was -$0.28.

Revenue	1.87B
Gross Profit	959.50M
Operating Income	356.94M
Pretax Income	112.26M
Net Income	-53.94M
EBITDA	797.55M
EBIT	356.94M
Loss Per Share	-$0.28

Balance Sheet

The company has $840.76 million in cash and $9.05 billion in debt, giving a net cash position of -$8.21 billion or -$39.53 per share.

Cash & Cash Equivalents	840.76M
Total Debt	9.05B
Net Cash	-8.21B
Net Cash Per Share	-$39.53
Equity (Book Value)	6.27B
Book Value Per Share	21.48
Working Capital	1.48B

Cash Flow

Operating Cash Flow	542.82M
Capital Expenditures	n/a
Free Cash Flow	542.82M
FCF Per Share	$2.61

Margins

Gross margin is 51.28%, with operating and profit margins of 19.08% and 0.44%.

Gross Margin	51.28%
Operating Margin	19.08%
Pretax Margin	-3.26%
Profit Margin	0.44%
EBITDA Margin	42.62%
EBIT Margin	19.08%
FCF Margin	1.98%

Dividends & Yields

This stock pays an annual dividend of $1.20, which amounts to a dividend yield of 2.81%.

Dividend Per Share	$1.20
Dividend Yield	2.81%
Dividend Growth (YoY)	-84.73%
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	0.48%
Shareholder Yield	3.29%
Earnings Yield	-0.61%
FCF Yield	6.12%

Analyst Forecast

The average price target for VNO is $34.07, which is -20.29% lower than the current price. The consensus rating is "Hold".

Price Target	$34.07
Price Target Difference	-20.29%
Analyst Consensus	Hold
Analyst Count	11
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	4.92%

Stock Splits

The last stock split was on October 21, 1997. It was a forward split with a ratio of 2:1.

Last Split Date	Oct 21, 1997
Split Type	Forward
Split Ratio	2:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	4