Vornado Realty Trust (NYSE:VNO) Issues Earnings Results

Posted by on May 4th, 2026

Vornado Realty Trust (NYSE:VNO – Get Free Report) issued its quarterly earnings data on Monday, May 4th. The real estate investment trust reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.07), Zacks reports. The firm had revenue of $459.11 million during the quarter, compared to the consensus estimate of $431.71 million. Vornado Realty Trust had a return on equity of 15.82% and a net margin of 43.99%.The company’s revenue for the quarter was down .5% on a year-over-year basis. During the same period in the previous year, the company posted $0.63 earnings per share.

Vornado Realty Trust Price Performance

NYSE VNO traded up $0.37 on Friday, reaching $32.00. 1,146,218 shares of the company’s stock traded hands, compared to its average volume of 1,999,177. The stock has a market cap of $6.02 billion, a PE ratio of 8.79, a P/E/G ratio of 1.60 and a beta of 1.53. The company has a debt-to-equity ratio of 1.54, a current ratio of 6.14 and a quick ratio of 6.14. Vornado Realty Trust has a 12 month low of $24.57 and a 12 month high of $43.37. The stock has a 50-day simple moving average of $28.19 and a 200 day simple moving average of $31.17.

Vornado Realty Trust declared that its Board of Directors has authorized a share buyback plan on Wednesday, April 29th that permits the company to buyback $300.00 million in outstanding shares. This buyback authorization permits the real estate investment trust to repurchase up to 5.4% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s management believes its stock is undervalued.

Institutional Investors Weigh In On Vornado Realty Trust

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Danske Bank A S purchased a new position in Vornado Realty Trust in the 3rd quarter worth approximately $28,000. Advisory Services Network LLC purchased a new stake in shares of Vornado Realty Trust during the third quarter valued at approximately $33,000. BOKF NA boosted its stake in shares of Vornado Realty Trust by 1,257.1% during the third quarter. BOKF NA now owns 1,140 shares of the real estate investment trust’s stock valued at $46,000 after purchasing an additional 1,056 shares during the period. Inspire Investing LLC bought a new position in shares of Vornado Realty Trust in the fourth quarter worth approximately $38,000. Finally, Triumph Capital Management bought a new position in shares of Vornado Realty Trust in the third quarter worth approximately $51,000. Institutional investors own 90.02% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on VNO. Barclays dropped their price objective on shares of Vornado Realty Trust from $33.00 to $28.00 and set an “underweight” rating on the stock in a report on Thursday, February 26th. Weiss Ratings lowered shares of Vornado Realty Trust from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. Scotiabank raised their price objective on shares of Vornado Realty Trust from $32.00 to $33.00 and gave the stock a “sector perform” rating in a report on Thursday. Piper Sandler lowered their target price on shares of Vornado Realty Trust from $36.00 to $28.00 and set a “neutral” rating on the stock in a report on Wednesday, April 1st. Finally, JPMorgan Chase & Co. lowered their price target on shares of Vornado Realty Trust from $41.00 to $33.00 and set a “neutral” rating on the stock in a report on Wednesday, March 25th. Three analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Vornado Realty Trust has a consensus rating of “Hold” and an average target price of $34.18.

View Our Latest Stock Analysis on Vornado Realty Trust

About Vornado Realty Trust

(Get Free Report)

Vornado Realty Trust is a self‐administered real estate investment trust focused on the ownership, management and redevelopment of office and retail properties. As a fully integrated REIT, the company oversees leasing, property management, building operations and strategic capital improvements designed to enhance asset value and tenant experience. Vornado’s business model emphasizes long‐term cash flow generation through stable rental income and disciplined portfolio optimization.

The company’s core portfolio is concentrated in New York City, where it holds a diverse mix of office towers and street‐level retail assets in prominent submarkets such as Midtown and the Penn Plaza corridor.

Featured Articles

Earnings History for Vornado Realty Trust (NYSE:VNO)

Receive News & Ratings for Vornado Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vornado Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.