VNO Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q2

FY2025Q3

FY2025Q4

468.79M

+4.11%

469.46M

+5.91%

471.11M

+2.91%

Estimates Revision

The market is revising No Change the revenue expectations for Vornado Realty Trust (VNO) for FY2025, with the revenue forecasts being adjusted by 0% over the past three months. During the same period, the stock price has changed by -14.12%.

Revenue Estimates for FY2025

No Change

0.00%

In Past 3 Month

Stock Price

Go Down

-14.12%

In Past 3 Month

11 Analyst Rating

Wall Street analysts forecast VNO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VNO is 38.91 USD with a low forecast of 28.00 USD and a high forecast of 46.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

2 Buy

6 Hold

3 Sell

Hold

Current: 0.000

Low

28.00

Averages

38.91

High

46.00

Current: 0.000

Low

28.00

Averages

38.91

High

46.00

Evercore ISI

analyst

Outperform

downgrade

$43 -> $42

2025-12-15

Reason

Evercore ISI

analyst

Price Target

$43 -> $42

2025-12-15

downgrade

Outperform

Reason

Evercore ISI lowered the firm's price target on Vornado to $42 from $43 and keeps an Outperform rating on the shares. More insights than expected emerged at the NAREIT conference, including notable positive shifts in the REIT landscape, says the analyst in a noted on the group. The NAREIT conference revealed a more optimistic outlook for office and industrial sectors, while challenges remain in residential and storage segments, the analyst added.

Truist

Michael Lewis

Hold

downgrade

$40 -> $36

2025-12-15

Reason

Truist

Michael Lewis

Price Target

$40 -> $36

2025-12-15

downgrade

Hold

Reason

Truist analyst Michael Lewis lowered the firm's price target on Vornado to $36 from $40 and keeps a Hold rating on the shares. The firm is only slightly lowering its 2026 FFO estimate to $2.39ps from $2.44ps, even though management suggested core FFO is likely to be flattish versus 2025. Next year's earnings will be impacted by expected asset sales and taking some Seventh Avenue retail offline for redevelopment. Truist's pricing/timing assumptions regarding those items could prove to be optimistic, and the firm is also assuming significant debt repayment, which could become refinancings instead as Vornado tends to keep a relatively high cash balance.

Mizuho

Vikram Malhotra

Outperform

downgrade

$43 -> $40

2025-12-12

Reason

Mizuho

Vikram Malhotra

Price Target

$43 -> $40

2025-12-12

downgrade

Outperform

Reason

Mizuho analyst Vikram Malhotra lowered the firm's price target on Vornado to $40 from $43 and keeps an Outperform rating on the shares. The firm adjusted targets in the office real estate investment trust group as part of its 2026 outlook. Mizuho sees the office sector as s fairly valued, especially on a risk-premium basis, and given limited earnings growth, it remain neutral the REIT sub-sector.

JPMorgan

Underweight -> Neutral

upgrade

$41

2025-11-24

Reason

JPMorgan

Price Target

$41

2025-11-24

upgrade

Underweight -> Neutral

Reason

JPMorgan upgraded Vornado to Neutral from Underweight with an unchanged price target of $41. The firm says the stock's recent pullback opens up an opportunity while the company's fundamentals continue to show strength. New York City's office market has shown strength and Vornado has continued to lease space at attractive rents, the analyst tells investors in a research note.

Citi

Neutral

downgrade

$42 -> $38

2025-11-17

Reason

Citi

Price Target

$42 -> $38

2025-11-17

downgrade

Neutral

Reason

Citi lowered the firm's price target on Vornado to $38 from $42 and keeps a Neutral rating on the shares.

Scotiabank

Sector Perform

downgrade

$40 -> $38

2025-11-13

Reason

Scotiabank

Price Target

$40 -> $38

2025-11-13

downgrade

Sector Perform

Reason

Scotiabank lowered the firm's price target on Vornado to $38 from $40 and keeps a Sector Perform rating on the shares. The firm is updating its price targets for U.S. Real Estate & REITs stocks under its coverage, the analyst tells investors.

Valuation Metrics

The current forward P/E ratio for Vornado Realty Trust (VNO.N) is -189.72, compared to its 5-year average forward P/E of -18.98. For a more detailed relative valuation and DCF analysis to assess Vornado Realty Trust 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-18.98

Current PE

-189.72

Overvalued PE

163.16

Undervalued PE

-201.13

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

5Y Average EV/EBITDA

22.17

Current EV/EBITDA

25.69

Overvalued EV/EBITDA

25.51

Undervalued EV/EBITDA

18.83

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

5Y Average PS

3.59

Current PS

4.49

Overvalued PS

4.81

Undervalued PS

2.37

Financials

Annual

Quarterly

N/A

Total Revenue

N/A

Operating Profit

N/A

Net Income after Tax

N/A

EPS - Diluted

N/A

Free Cash Flow

N/A

Gross Profit Margin - %

N/A

FCF Margin - %

N/A

Net Margin - %

N/A

ROIC

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Hedge Fund

Hedge Funds areSelling! The selling amount has increased 144.71% over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

VNO News & Events

Events Timeline

No data

News

8.5

01-07Globenewswire

PinnedVornado Realty Trust Completes Over $2 Billion Refinancing, Extends Loans to 2031

8.5

07:04 AMNASDAQ.COM

Vornado Realty Trust Prices $500M 5.75% Senior Notes Offering

7.5

01-07Globenewswire

Vornado Realty Trust Acquires 3 East 54th Street for $141 Million

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Frequently Asked Questions

What is Vornado Realty Trust (VNO) stock price today?

The current price of VNO is 34.61 USD — it has increased 2.88 % in the last trading day.

What is Vornado Realty Trust (VNO)'s business?

Vornado Realty Trust is a fully-integrated real estate investment trust (REIT). The Company conducts its business through, and substantially all its interests in properties are held by, Vornado Realty L.P. Its portfolio is concentrated on premier office and high street retail properties in New York City. Its segments include New York and Other. Its New York segment consisted of approximately 26.4 million square feet in 64 properties. The 26.4 million square feet comprises over 20.1 million square feet of Manhattan office in 30 of the properties, 2.4 million square feet of Manhattan street retail in 49 of the properties, 1,330 units in two residential properties, and its 32.4% interest in Alexander’s, which owns five properties in the greater New York metropolitan area. It also includes nine garages totalling over 1.6 million square feet (4,685 spaces). Its Real Estate and Investments consists of over 3.7 million square foot THE MART in Chicago.

What is the price predicton of VNO Stock?

What is Vornado Realty Trust (VNO)'s revenue for the last quarter?

Vornado Realty Trust revenue for the last quarter amounts to 461.58M USD, increased 5.78 % YoY.

What is Vornado Realty Trust (VNO)'s earnings per share (EPS) for the last quarter?

Vornado Realty Trust. EPS for the last quarter amounts to 0.43 USD, decreased -960.00 % YoY.

What changes have occurred in the market's expectations for Vornado Realty Trust (VNO)'s fundamentals?

How many employees does Vornado Realty Trust (VNO). have?

Vornado Realty Trust (VNO) has 2996 emplpoyees as of January 08 2026.

What is Vornado Realty Trust (VNO) market cap?

Today VNO has the market capitalization of 4.88B USD.