WallStSmart
VNO

Vornado Realty Trust

NYSE: VNO · REAL ESTATE · REIT - OFFICE

$31.04
+0.83% today

Updated 2026-06-05

Market cap
$7.84B
P/E ratio
10.48
P/S ratio
4.23x
EPS (TTM)
$3.65
Dividend yield
1.90%
52W range
$25 – $42
Volume
1.8M

WallStSmart proprietary scores

59
out of 100
Grade: C+
Hold
Investment rating
5.3
Growth
C+
5.0
Quality
C+
6.5
Profitability
B
7.3
Valuation
B+
5/9
Piotroski F-Score
Moderate
0.6
Altman Z-Score
Distress
Industry rank
View all highly rated stocks (75+) →202 stocks currently score above 75

Price targets

Analyst target
$33.54
+8.05%
12-Month target
$29.42
-5.22%
Intrinsic (DCF)
$45.49
Margin of safety
+33.50%
0 Strong Buy4 Buy7 Hold1 Sell1 Strong Sell

Price chart

Stock snapshot

Strengths
+ Profit margin 42.90% — above average
+ Free cash flow $47.75M — positive
+ 33.50% below intrinsic value
Risks
- Altman Z 0.61 — distress zone
- Revenue declining -2.20% QoQ

Key financials

Revenue Net Income Free Cash Flow
Metric2022202320242025TTM
Revenue$1.80B$1.81B$1.79B$1.81B$1.85B
Net income$-346.50M$105.49M$70.39M$904.96M$-7.32M
EPS$3.65
Free cash flow$-101.85M$615.01M$72.11M$548.84M$47.75M
Profit margin-19.25%5.82%3.94%49.99%42.90%

Recent insider activity

DateInsiderTypeSharesPrice
2026-06-08WIGHT, RUSSELL B JRBuy1,000$15.00
2026-06-08WIGHT, RUSSELL B JRBuy1,000$17.44
2026-06-08WIGHT, RUSSELL B JRBuy1,000$17.63

Peer comparison

CompanyMkt CapScoreGrowthProfitValueQualityMoSRating
VNO$7.84B595.36.57.35.0+33.50%Buy
WELL$137.90B5710.05.52.07.0-78.31%Buy
PLD$130.91B638.07.05.34.0+43.28%Buy
EQIX$105.71B546.76.53.03.5Buy
AMT$86.44B726.79.05.33.0+7.03%Strong Buy
SPG$77.34B637.39.04.03.0-28.01%Buy

Smart narrative

Vornado Realty Trust trades at $31.04. representing a P/E of 10.48x trailing earnings. Our Smart Value Score of 59/100 indicates the stock is fair. The company scores 5/9 on the Piotroski F-Score. With an Altman Z-Score of 0.61, it sits in the distress. TTM revenue stands at $1.85B. with profit margins at 42.90%. Our DCF model estimates intrinsic value at $45.49.

Frequently asked questions

What is Vornado Realty Trust's stock price?

Vornado Realty Trust (VNO) trades at $31.04, on a P/E of 10.5x and a P/S of 4.2x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.

Is Vornado Realty Trust overvalued?

Vornado Realty Trust carries a Smart Value Score of 59/100 (Grade C+), which we rate Hold. That score blends growth, quality, and valuation into one read. Our DCF puts intrinsic value at $45.49 versus the $31.04 price, a 33.5% margin of safety on a cash flow basis.

What is the price target of Vornado Realty Trust (VNO)?

The 12-month analyst consensus target is $33.54, about 8.1% above the current $31.04. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.

What is the intrinsic value of Vornado Realty Trust (VNO)?

Our DCF model estimates intrinsic value at $45.49, a +33.5% margin of safety versus today's $31.04. Intrinsic value is what the projected cash flows are worth today. A positive reading means the price sits below that estimate, leaving a cushion if growth holds.

What is Vornado Realty Trust's revenue?

Vornado Realty Trust's trailing twelve-month revenue is $1.85B. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.

Altman Z-Score?

Vornado Realty Trust's Altman Z-Score is 0.61, which places it in the distress. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.

Company info

SectorREAL ESTATE
IndustryREIT - OFFICE
CountryUSA
ExchangeNYSE
CurrencyUSD

Quick metrics

P/S ratio4.23x
ROE13.21%
Beta1.57
50D MA$31.17
200D MA$33.51
Shares out0.19B
Float0.16B
Short ratio
Avg volume1.8M

Performance

1 week
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YTD
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