your badges 52W Range $25–$42 53% of range Analyst Rating HOLD 18 analysts Price Target $40 +18% upside P/E 1124.3 ROE 1.1% Net Profit Margin 3.7%

VNO Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $33.73
Market Cap (MRQ) $6.30B
P/E (TTM) 1124.3
EPS (TTM) $0.03
Revenue (TTM) $1.83B
Div Yield 2.2%
ROE (TTM) 1.1%
52W Range $25–$42

VNO Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
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Stock splits 6
Ex-date Split Type
July 18, 2017 1237-for-1000 Forward
Jan. 16, 2015 200-for-181 Forward
Oct. 19, 1998 1000-for-987 Forward
Oct. 21, 1997 2-for-1 Forward
March 26, 1993 3-for-2 Forward
June 3, 1991 5-for-1 Forward

About Vornado Realty Trust Common Stock Company overview from Wikipedia

05 · wikidata

Vornado Realty Trust is an American real estate investment trust formed in Maryland in 1982, with its primary office in New York City. The company invests in office buildings and street retail in Manhattan.

History

The origins of the company can be traced back to the Two Guys discount store chain, founded in 1947 by brothers Sidney and Herbert Hubschman. In 1959, Two Guys acquired O. A. Sutton Corporation, manufacturers of the Vornado line of electric fans, and the company was renamed Vornado Inc.

By 1964, the company operated over 200 stores. In the 1970s, Vornado began divesting its retail operations. In 1978, the company sold 80 Two Guys locations in California.

In 1980, Interstate Properties, a real estate development company controlled by Steven Roth, acquired an 18% stake in Vornado due to its real estate holdings. In 1981, Interstate Properties took control of the firm after winning a proxy fight against existing management and reduced the number of stores in operation to 12.

In 1986, Interstate Properties and Donald Trump each bought approximately 20% of Alexander's, a failing retailer whose real estate holdings included a store that occupied the entire block between East 58th and 59th streets and Lexington and Third Avenues in Manhattan. In 1988, they each raised their stakes to 27% of the company, but Trump pledged his interest as collateral for a personal loan from Citicorp and in 1991, Trump was forced to turn over his holdings to Citibank. In 1992, Roth and Alexander's creditors forced Alexander's into bankruptcy and all 11 of its stores were shut. Alexander's emerged from bankruptcy in 1993 as a real estate investment trust. That same year, Vornado Inc. was converted into a REIT, Vornado Realty Trust. In 1995, Vornado bought Citicorp's interest in Alexander's.

In 1989, the Vornado name was licensed to Vornado Air, a new company formed to manufacture heating and cooling equipment.

In April 1997, the company acquired a portfolio of office buildings in Manhattan from Bernard H. Mendik in a $654 million stock transaction. Mendik became co-chairman of Vornado until his resignation in October 1998.

In February 2001, Vornado Realty Trust won the bid for a 99-year lease for the World Trade Center, offering $3.25 billion. Silverstein Properties was outbid by $30 million by Vornado. However, Vornado balked over lease terms and possible tax liabilities. Silverstein signed a lease for the World Trade Center in April 2001, five months before the September 11 attacks.

In October 2001, the company acquired Charles E. Smith Commercial Realty, owner of assets primarily in Arlington, Virginia, in a $1.58 billion transaction. Robert H. Smith and Robert P. Kogod were added to the board of directors of Vornado.

In 2005, the company bought a 32.5% interest in Toys "R" Us. Toys "R" Us filed bankruptcy in 2018 and the investment was written off.

In 2013, Steven Roth replaced Michael D. Fascitelli as CEO of Vornado. Fascitelli had been CEO since 2009.

In 2015, the company completed the corporate spin-off of its interest in Urban Edge Properties, owner of retail holdings outside Manhattan.

In 2017, the company merged its Charles E. Smith Companies subsidiary into the JBG Companies, forming JBG Smith.

Investments

Notable properties owned by the company include:

New York Marriott Marquis (Retail & signage)

1540 Broadway (Retail & signage)

Manufacturers Trust Company Building (510 Fifth Avenue) (Retail)

660 Fifth Avenue (Retail)

770 Broadway

888 Seventh Avenue

Crowne Plaza Times Square Manhattan (Retail & office)

Fuller Building

Penn 1

The future site of 15 Penn Plaza

Rego Center

350 Park Avenue

The company also owns:

70% of 555 California Street in San Francisco, California (30% is owned by affiliates of Donald Trump)

70% of 1290 Avenue of the Americas in New York City (30% is owned by Donald Trump)

Merchandise Mart in Chicago, Illinois

32.4% of Alexander's, which owns 731 Lexington Avenue

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

sectorReal Estate industryReal Estate employees3,145 countryUS

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$1.81B
2016-12-31 → 2025-12-31
EPS$4.20
2016-12-31 → 2025-12-31
Net margin3.7%
2018-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend VNO 5Y avg Peer Median Verdict
P/E (TTM) 1124.35Y avg ≈250.2 ≈250.2 35.7 Overvalued
P/S (TTM) 3.45Y avg ≈3.6 ≈3.6 3.8 Overvalued
P/B (MRQ) 1.15Y avg ≈1.1 ≈1.1 1.1 Overvalued
Price / Cash Flow 5.05Y avg ≈8.8 ≈8.8 7.9 Undervalued
Price / Tangible Book (MRQ) 1.15Y avg ≈1.1 ≈1.1 · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

13
Dividend Yield2.2%
Payout Ratio15.6%
Annualized Payout≈$2.96Paid quarterly
Ex-dateAmountCurrencyYield
Dec 18, 2025$0.74USD≈2.2%
Dec 16, 2024$0.74USD≈1.6%
Dec 14, 2023$0.30USD≈0.96%
Jan 27, 2023$0.38USD≈8.4%
Nov 4, 2022$0.53USD≈9.2%
Aug 5, 2022$0.53USD≈7.7%
May 6, 2022$0.53USD≈5.8%
Jan 28, 2022$0.53USD≈5.3%
Nov 5, 2021$0.53USD≈4.8%
Aug 6, 2021$0.53USD≈5.0%
May 7, 2021$0.53USD≈4.6%
Jan 29, 2021$0.53USD≈5.7%
Nov 6, 2020$0.53USD≈14.3%
Aug 7, 2020$0.53USD≈12.5%
May 8, 2020$0.66USD≈11.6%
Jan 24, 2020$0.66USD≈6.8%
Dec 27, 2019$1.95USD≈6.0%
Nov 1, 2019$0.66USD≈4.1%
Aug 2, 2019$0.66USD≈4.2%
May 3, 2019$0.66USD≈3.8%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 727.3%
Next Report Nov 02, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Aug 3, 2026 $-0.08 $-0.08 -5.5%
March 31, 2026 $-0.12 $-0.09 -39.7%
Dec. 31, 2025 $0.00 $0.01 -100.0%
Sept. 30, 2025 $0.06 $-0.04 248.5%
June 30, 2025 $3.70 $0.09 4128.6%
March 31, 2025 $0.43 $0.19 132.2%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 14
Metric Trend 2025202420232022202120202019201820172016
Revenue $1.81B$1.79B$1.81B$1.80B$1.59B$1.53B$1.92B$2.16B$2.08B$2.00B
SG&A Expense $156M$149M$163M$134M$135M$182M$170M$142M$151M$144M
Operating Expenses $1.55B$1.54B$1.57B$1.53B$1.37B$1.55B$1.63B$1.58B$1.48B$1.42B
Operating Income ·······$583M$609M$580M
Interest Income $10M$3M$1M$5M$3M$3M$6M$10M$4M$4M
Other Non-op ·$0$0$235.0K$2M$4M$4M$4M$5M$4M
Pretax Income $951M$43M$62M$-361M$197M$-425M$3.44B$460M$320M$585M
Income Tax $14M$23M$29M$22M$-10M$37M$103M$38M$42M$8M
Net Income $905M$70M$105M$-346M$176M$-297M$3.15B$450M$227M$907M
EPS (Basic) $4.40$0.04$0.23$-2.13$0.53$-1.83$16.23$2.02$0.85$4.36
EPS (Diluted) $4.20$0.04$0.23$-2.13$0.53$-1.83$16.21$2.01$0.85$4.34
Shares (Basic) 191,759,000190,539,000191,005,000191,775,000191,551,000191,146,000190,801,000190,219,000189,526,000188,837,000
Shares (Diluted) 201,049,000196,626,000191,856,000191,775,000192,122,000191,146,000191,053,000191,290,000191,258,000190,173,000
EBITDA $481M$469M$458M$526M$433M$418M$439M$1.06B$1.14B·
Balance Sheet 13
Metric Trend 2025202420232022202120202019201820172016
Cash & Equivalents $841M$734M$997M$890M$1.76B$1.62B$1.52B$571M$1.82B$1.50B
Short-term Investments ··$0$472M$0·····
Intangibles $111M$118M$127M$140M$155M$24M$31M$137M$159M$190M
Total Assets $15.52B$16.00B$16.19B$16.49B$17.27B$16.22B$18.29B$17.18B$17.40B$20.81B
Total Liabilities $8.72B$9.83B$9.84B$9.98B$10.06B$8.67B$10.09B$11.29B$11.41B$11.92B
Long-term Debt $2.26B$2.57B$2.56B$2.56B$2.56B$1.82B$1.77B$1.67B$1.59B$1.33B
Common Stock $8M$8M$8M$8M$8M$8M$8M$8M$8M$8M
Paid-in Capital $8.29B$8.05B$8.26B$8.37B$8.14B$8.19B$7.83B$7.73B$7.49B$7.15B
Retained Earnings $-3.49B$-4.14B$-4.01B$-3.89B$-3.08B$-2.77B$-1.95B$-4.17B$-4.18B$-1.42B
AOCI $-5.0K$58M$65M$175M$-18M$-75M$-40M$8M$129M$119M
Stockholders' Equity $5.99B$5.16B$5.51B$5.84B$6.24B$6.53B$6.73B$4.47B$4.34B$6.90B
Liabilities + Equity $15.52B$16.00B$16.19B$16.49B$17.27B$16.22B$18.29B$17.18B$17.40B$20.81B
Shares Outstanding 190,666,367190,847,000190,391,000191,867,000191,724,000191,355,000190,986,000190,535,499189,983,858189,100,876
Cash Flow 12
Metric Trend 2025202420232022202120202019201820172016
D&A $481M$469M$458M$526M$433M$418M$439M$473M$530M$595M
Stock-based Comp $25M$30M$43M$29M$38M$49M$54M$32M$33M·
Other Non-cash $-154M$-32M$42M$590M$115M$255M$-2.98B$-120M$103M·
Operating Cash Flow $1.26B$538M$648M$799M$762M$424M$663M$803M$860M$995M
Investing Cash Flow $116M$-597M$-129M$-907M$-532M$-88M$2.46B$-878M$-206M$-893M
Debt Issued $836M$75M$0$1.03B$3.25B$1.06B$1.11B$527M$1.06B$2.40B
Net Debt Issued $-1.07B$-22M$-148M$-222M$1.66B$-11M$-1.61B$-158M$424M·
Stock Repurchased $51M$0$29M$0$0·····
Net Stock Activity $-51M$0$-29M·······
Dividends Paid $141M$141M$129M$407M$406M$827M$504M$479M$496M$476M
Financing Cash Flow $-1.35B$-252M$-279M$-801M$-29M$-213M$-2.24B$-1.12B$-338M$-446M
Net Change in Cash $28M$-312M$240M$-909M$200M$123M$890M$-1.20B$315M$-344M
Profitability 7
Metric Trend 2025202420232022202120202019201820172016
Operating Margin ·······26.9%··
Net Margin 50.0%3.9%5.8%-19.2%11.1%-19.4%163.5%20.8%··
Pretax Margin 52.5%2.4%3.4%-20.1%12.4%-27.8%178.6%21.2%··
EBITDA Margin 26.6%26.3%25.3%29.2%27.2%27.4%22.8%48.8%··
ROA 5.7%0.44%0.65%-2.1%1.1%-1.7%17.8%2.6%1.2%·
ROE 16.2%1.3%1.9%-5.7%2.8%-4.5%56.2%10.2%4.0%·
ROIC ·······12.0%12.2%·
Efficiency 1
Metric Trend 2025202420232022202120202019201820172016
Asset Turnover 0.10.10.10.10.10.10.10.1··
Per Share 6
Metric Trend 2025202420232022202120202019201820172016
Book Value / Share $31.40$27.03$28.94$30.44$32.53$34.14$35.25$23.44$22.83·
Revenue / Share $9.00$9.09$9.44$9.39$8.27$7.99$10.07$11.31··
Cash Flow / Share $6.26$2.73$3.38$4.17$3.97$2.22$3.47$4.20$4.50·
Cash / Share $4.41$3.85$5.24$4.64$9.18$8.49$7.93$3.00$9.57·
Dividend / Share $0.74$0.74$0.68$2.12$2.12$2.38$2.64$2.52$2.62·
EPS (TTM) $4.20$0.04$0.23$-2.13$0.53$-1.83$16.21$2.01$0.85$4.34
Growth Rates 8
Metric Trend 2025202420232022202120202019201820172016
Revenue YoY 1.3%-1.3%0.62%13.3%4.0%·····
Revenue CAGR 3Y 0.19%4.0%5.8%·······
Revenue CAGR 5Y 3.5%·········
EPS YoY 10400.0%-82.6%········
EPS CAGR 3Y ·-57.7%········
Net Income YoY 1185.7%-33.3%········
Net Income CAGR 3Y ·-26.3%········
Dividends Paid CAGR 5Y -29.8%·········
Valuation (TTM) 12
Metric Trend 2025202420232022202120202019201820172016
Revenue TTM $1.81B$1.79B$1.81B$1.80B$1.59B$1.53B$1.92B$2.16B$2.08B$2.00B
Net Income TTM $905M$70M$105M$-346M$176M$-297M$3.15B$450M$227M$907M
Market Cap $6.35B$8.02B$5.38B$3.99B$8.03B$7.15B$12.70B$11.82B$14.85B·
P/E 7.91051.0122.8-9.879.0-20.44.130.992.019.4
P/S 3.54.53.02.25.04.76.65.57.1·
P/B 1.11.61.00.71.31.11.92.63.4·
P / Tangible Book 1.11.61.00.71.31.1····
P / Cash Flow 5.014.98.35.010.516.819.214.717.3·
Dividend Yield 2.2%1.8%2.4%10.2%5.1%11.6%4.0%4.1%3.3%·
Earnings Yield 12.6%0.10%0.81%-10.2%1.3%-4.9%24.4%3.2%1.1%5.1%
Payout Ratio 15.6%200.5%122.3%-117.3%230.8%-278.6%16.0%106.5%218.3%·
Annual Payout $141M$141M$129M$407M$406M$827M$504M$479M$496M$476M

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $1.81B $1.79B $1.81B $1.80B $1.59B
Net Income $905M $70M $105M $-346M $176M
Diluted EPS $4.20 $0.04 $0.23 $-2.13 $0.53

Institutional owners (13F) 462 filers · $7.7B total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 462
Value held $7.7B
New positions 77
Exited positions 36
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
77 (-3 vs prior Q) 36 (-15 vs prior Q) 151 (-11 vs prior Q) 134 (+29 vs prior Q) +24.2M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
BlackRock, Inc. $871,662,773 22,179,714 11.33% Shares
VANGUARD GROUP INC $777,307,216 23,356,587 10.10% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $570,971,622 14,528,540 7.42% Shares
NORGES BANK $566,364,404 14,411,308 7.36% Shares
FRANKLIN RESOURCES INC $525,874,832 13,381,039 6.83% Shares
Resolution Capital Ltd $369,002,045 9,389,365 4.80% Shares
STATE STREET CORP $316,704,749 8,058,645 4.12% Shares
VANGUARD CAPITAL MANAGEMENT LLC $296,653,063 7,548,424 3.85% Shares
PRINCIPAL FINANCIAL GROUP INC $233,586,931 5,943,644 3.04% Shares
Kemnay Advisory Services Inc. $229,295,103 5,834,481 2.98% Shares
AQR CAPITAL MANAGEMENT LLC $144,804,985 3,684,606 1.88% Shares
GEODE CAPITAL MANAGEMENT, LLC $140,141,375 3,565,214 1.82% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $134,265,935 3,416,436 1.74% Shares
CENTERSQUARE INVESTMENT MANAGEMENT LLC $114,681,723 2,918,110 1.49% Shares
NORTHERN TRUST CORP $102,602,712 2,610,756 1.33% Shares
EARNEST PARTNERS LLC $97,562,997 2,482,519 1.27% Shares
DIMENSIONAL FUND ADVISORS LP $93,418,580 2,377,009 1.21% Shares
MORGAN STANLEY $92,948,226 2,365,093 1.21% Shares
UBS Group AG $91,306,948 2,323,332 1.19% Shares
DEUTSCHE BANK AG\ $84,138,196 2,140,921 1.09% Shares
Gotham Asset Management, LLC $75,821,254 1,929,294 0.99% Shares
DUFF & PHELPS INVESTMENT MANAGEMENT CO $73,174,203 1,861,939 0.95% Shares
Invesco Ltd. $72,881,146 1,854,482 0.95% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $70,435,071 1,792,241 0.92% Shares
First Pacific Advisors, LP $66,171,807 1,683,761 0.86% Shares
Legal & General Group Plc $63,250,127 1,609,418 0.82% Shares
Russell Investments Group, Ltd. $52,221,736 1,328,795 0.68% Shares
Bank of New York Mellon Corp $51,660,930 1,314,527 0.67% Shares
PRIVATE MANAGEMENT GROUP INC $51,466,455 1,309,579 0.67% Shares
CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC $48,869,865 1,243,508 0.64% Shares
SEI INVESTMENTS CO $48,321,276 1,229,546 0.63% Shares
BANK OF AMERICA CORP /DE/ $46,118,336 1,173,495 0.60% Shares
VANGUARD FIDUCIARY TRUST CO $39,808,896 1,012,949 0.52% Shares
NEW YORK STATE COMMON RETIREMENT FUND $34,701,271 882,984 0.45% Shares
JPMORGAN CHASE & CO $34,199,343 858,099 0.44% Shares
State of Tennessee, Department of Treasury $32,005,999 814,402 0.42% Shares
SCHRODER INVESTMENT MANAGEMENT GROUP $29,813,732 754,587 0.39% Shares
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC $27,574,791 1,060,977 0.36% Shares
Adelante Capital Management LLC $27,030,047 687,780 0.35% Shares
AMERICAN CENTURY COMPANIES INC $26,058,022 663,054 0.34% Shares
GOLDMAN SACHS GROUP INC $25,831,892 657,300 0.34% Shares
APG Asset Management US Inc. $25,383,178 633,629 0.33% Shares
WELLINGTON MANAGEMENT GROUP LLP $23,516,924 598,395 0.31% Shares
WELLS FARGO & COMPANY/MN $21,725,274 552,806 0.28% Shares
RENAISSANCE TECHNOLOGIES LLC $20,475,261 520,999 0.27% Shares
AMERIPRISE FINANCIAL INC $19,076,131 533,319 0.25% Shares
Lodge Hill Capital, LLC $18,753,960 477,200 0.24% Shares
RHUMBLINE ADVISERS $18,613,539 473,628 0.24% Shares
Nuveen, LLC $16,937,945 430,991 0.22% Shares
TWO SIGMA INVESTMENTS, LP $15,919,133 405,067 0.21% Shares

Show all 462 institutional owners →

Activists & 5%+ owners 36 positions

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Interstate Properties, Steven Roth, Russell B. Wight, Jr., David Mandelbaum ×4 filings Aug. 22, 2023 · Initial filing · SEC
Vornado Realty Trust, Vornado Realty L.P., VNO Fashion LLC, VSPS I LLC, Two Penn Plaza REIT, Inc., Two Penn Plaza REIT JP Fashion LLC, CESC H Street L.L.C., H Street Building Corporation, H Street JP Fashion LLC, Vornado RTR, Inc., PCJ I Inc. ×6 filings Sept. 20, 2013 · Initial filing · SEC
Sept. 19, 2011 · Initial filing · SEC
Feb. 25, 2011 · Initial filing · SEC
Feb. 9, 2011 · Initial filing · SEC
Jan. 25, 2011 · Initial filing · SEC
Nov. 10, 2010 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person March 4, 2009 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Nov. 26, 2008 · Initial filing · SEC
Undisclosed reporting person Nov. 16, 2006 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person May 5, 2006 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Oct. 12, 2005 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Aug. 19, 2005 · Initial filing Board campaign SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Nov. 10, 2004 · Initial filing Board campaign SEC
Undisclosed reporting person, Undisclosed reporting person Feb. 13, 2004 · Initial filing · SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 36 insiders · 19 officers · 13 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Steven Roth CHAIRMAN AND CEO May 18, 2026 G 0 0 0 $0
Michael J. Franco PRESIDENT AND CFO Feb. 5, 2026 A 12,231 0 0 $0
Stephen W. Theriot Chief Financial Officer Jan. 13, 2017 A 3,100 0 0 $0
Mitchell N Schear President - VNO/Smith Division April 3, 2017 M 63,877 0 0 $0
Mark Falanga President-Merch. Mart Division March 1, 2013 M 6,376 0 0 $0
Christopher Kennedy President - Merchandise Mart March 1, 2011 M 135,127 0 0 $0
Melvyn H Blum Former President - Development Oct. 21, 2005 M 60,000 0 0 $0
Haim Chera EVP - HEAD OF RETAIL Sept. 29, 2026 S 110,000 0 1 $-3,060,900
Deirdre K. Maddock Chief Accounting Officer March 2, 2026 A · 0 0 $0
Glen J. Weiss EVP- OFF. LEASING CO HEAD R.E. Feb. 5, 2026 A 0 0 0 $0
Barry Langer EVP - DEV. CO-HEAD OF R.E. Feb. 5, 2026 A 11,966 0 0 $0
Matthew Iocco EVP - Chief Accounting Officer Jan. 12, 2021 A 0 0 0 $0
David R Greenbaum Vice Chairman April 18, 2020 D 43,577 0 0 $0
Wendy Silverstein EVP - Capital Markets & Acq. March 2, 2015 J 86,854 0 0 $0
Robert Minutoli EVP - Retail Sept. 17, 2014 P 7,035 0 0 $0
Michael J. Demarco EVP Feb. 28, 2011 A 11,995 0 0 $0
Sandeep Mathrani EVP - Retail Division Jan. 12, 2011 M 24,208 0 0 $0
Michelle Felman EVP - Acquisitions Nov. 5, 2010 M 17,883 0 0 $0
Paul Larner Exec Vice Pres-Chief Admin Off Oct. 3, 2003 M 45,056 0 0 $0
Michael D Fascitelli Director June 17, 2026 S 475,161 0 2 $-4,882,770
Russell B Wight JR Director June 8, 2026 P 4,000 4 0 $67,750
Beatrice Hamza Bassey Director May 21, 2026 A · 0 0 $0
Candace K Beinecke Director May 21, 2026 A 38,421 0 0 $0
Mandakini Puri Director May 21, 2026 A · 0 0 $0
Daniel R Tisch Director May 21, 2026 A 215,000 5 0 $5,633,850
Michael Lynne Director Feb. 15, 2019 A 2,136 0 0 $0
Robert P Kogod Director May 17, 2018 A 196,842 0 0 $0
Ronald G Targan Director Aug. 7, 2013 A 0 0 0 $0
Anthony W Deering Director May 24, 2012 A 5,643 0 0 $0
Robert H Smith Director Dec. 14, 2009 A 1,750 0 0 $0
VORNADO REALTY TRUST Director May 17, 2007 A · 0 0 $0
Raymond J Mcguire · May 21, 2026 A · 0 0 $0
William W Helman · May 21, 2026 A 15,200 0 0 $0
David Mandelbaum · May 21, 2026 A 5,607,174 0 0 $0
Richard R West · May 20, 2021 A 0 0 0 $0
Joseph Macnow · March 30, 2020 A 3,128 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 64 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
EPSV · Harbor ETF Trust 2.06% 3,180 NS July 31, 2026 N-PORT
EPMV · Harbor ETF Trust 1.83% 2,176 NS July 31, 2026 N-PORT
PSR · Invesco Actively Managed Exchange-T… 1.78% 29,008 Oct. 2, 2026 Daily
ERTH · Invesco Exchange-Traded Fund Trust 0.86% 31,238 Oct. 2, 2026 Daily
PGX · Invesco Exchange-Traded Fund Trust … 0.80% 1,830,806 Oct. 2, 2026 Daily
GQRE · FlexShares Trust 0.79% 85,280 NS July 31, 2026 N-PORT
IQRA · New York Life Investments Active ET… 0.75% 1,305 NS July 31, 2026 N-PORT
FNK · First Trust Exchange-Traded AlphaDE… 0.57% 32,978 NS July 31, 2026 N-PORT
ERET · iShares Trust 0.53% 2,063 SH Sept. 11, 2026 Daily
USRT · iShares Trust 0.52% 670,423 SH Sept. 11, 2026 Daily
DFAR · Dimensional ETF Trust 0.46% 209,030 NS July 31, 2026 N-PORT
PAMC · Pacer Funds Trust 0.42% 5,713 NS July 31, 2026 N-PORT
IYR · iShares Trust 0.41% 487,081 SH Sept. 11, 2026 Daily
FREL · FIDELITY COVINGTON TRUST 0.41% 154,508 NS July 31, 2026 N-PORT
PFF · iShares Trust 0.38% 2,981,531 SH Sept. 11, 2026 Daily
FNX · First Trust Exchange-Traded AlphaDE… 0.38% 131,045 NS July 31, 2026 N-PORT
IVOV · VANGUARD ADMIRAL FUNDS 0.36% 135,677 SH Aug. 19, 2026 Daily
REET · iShares Trust 0.34% 476,978 SH Sept. 11, 2026 Daily
VNQ · VANGUARD SPECIALIZED FUNDS 0.33% 6,100,604 SH Aug. 19, 2026 Daily
DFGR · Dimensional ETF Trust 0.30% 295,646 NS July 31, 2026 N-PORT
BKSE · BNY Mellon ETF Trust 0.27% 5,968 NS July 31, 2026 N-PORT
JPME · J.P. Morgan Exchange-Traded Fund Tr… 0.27% 31,599 NS July 31, 2026 N-PORT
QVMM · Invesco Exchange-Traded Fund Trust … 0.18% 22,677 Oct. 2, 2026 Daily
FSMD · FIDELITY COVINGTON TRUST 0.18% 113,978 NS July 31, 2026 N-PORT
PTMC · Pacer Funds Trust 0.17% 17,360 NS July 31, 2026 N-PORT
FAB · First Trust Exchange-Traded AlphaDE… 0.17% 7,293 NS July 31, 2026 N-PORT
IVOO · VANGUARD ADMIRAL FUNDS 0.17% 254,945 SH Aug. 19, 2026 Daily
FVAL · FIDELITY COVINGTON TRUST 0.17% 56,698 NS July 31, 2026 N-PORT
JPUS · J.P. Morgan Exchange-Traded Fund Tr… 0.15% 17,957 NS July 31, 2026 N-PORT
EQAL · Invesco Exchange-Traded Fund Trust … 0.15% 35,695 Oct. 2, 2026 Daily
VBR · VANGUARD INDEX FUNDS 0.14% 2,465,184 SH Aug. 19, 2026 Daily
BBMC · J.P. Morgan Exchange-Traded Fund Tr… 0.14% 70,538 NS July 31, 2026 N-PORT
MIDU · Direxion Shares ETF Trust 0.13% 2,321 NS July 31, 2026 N-PORT
ISCG · iShares Trust 0.09% 25,276 SH Sept. 11, 2026 Daily
JVAL · J.P. Morgan Exchange-Traded Fund Tr… 0.09% 18,524 NS July 31, 2026 N-PORT
SMMD · iShares Trust 0.08% 93,987 SH Sept. 11, 2026 Daily
VB · VANGUARD INDEX FUNDS 0.08% 3,883,427 SH Aug. 19, 2026 Daily
RWK · Invesco Exchange-Traded Fund Trust … 0.07% 27,596 Oct. 2, 2026 Daily
VXF · VANGUARD INDEX FUNDS 0.07% 1,812,751 SH Aug. 19, 2026 Daily
IWS · iShares Trust 0.06% 264,006 SH Sept. 11, 2026 Daily
WSML · iShares Trust 0.05% 9,932 SH Sept. 11, 2026 Daily
IWR · iShares Trust 0.04% 717,812 SH Sept. 11, 2026 Daily
VONV · VANGUARD SCOTTSDALE FUNDS 0.02% 105,636 SH Aug. 19, 2026 Daily
PRF · Invesco Exchange-Traded Fund Trust 0.02% 56,216 Oct. 2, 2026 Daily
IUSV · iShares Trust 0.02% 138,720 SH Sept. 11, 2026 Daily
TILT · FlexShares Trust 0.02% 9,480 NS July 31, 2026 N-PORT
IWD · iShares Trust 0.02% 388,597 SH Sept. 11, 2026 Daily
DIVB · iShares Trust 0.01% 7,452 SH Sept. 11, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.01% 5,377,402 SH Aug. 19, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.01% 144,524 SH Aug. 19, 2026 Daily
VONE · VANGUARD SCOTTSDALE FUNDS 0.01% 29,733 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.01% 14,886 SH Aug. 19, 2026 Daily
ESGV · VANGUARD WORLD FUND 0.01% 39,566 SH Aug. 19, 2026 Daily
IWB · iShares Trust 0.01% 123,688 SH Sept. 11, 2026 Daily
IWV · iShares Trust 0.01% 48,686 SH Sept. 10, 2026 Daily
IYY · iShares Trust 0.01% 6,770 SH Sept. 11, 2026 Daily
ITOT · iShares Trust 0.01% 206,864 SH Sept. 11, 2026 Daily
OMFL · Invesco Exchange-Traded Self-Indexe… 0.01% 7,026 Oct. 2, 2026 Daily
IJH · iShares Trust · 5,544,382 SH Sept. 11, 2026 Daily
IJJ · iShares Trust · 805,655 SH Aug. 21, 2026 Daily
XJH · iShares Trust · 21,617 SH Sept. 8, 2026 Daily
ISCB · iShares Trust · 7,217 SH Sept. 11, 2026 Daily
ISCV · iShares Trust · 18,107 SH Sept. 11, 2026 Daily
SMLF · iShares Trust · 353,239 SH Sept. 11, 2026 Daily

VNO Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 18 analysts HOLD
Median target $40.00 +18.6%
2 11.1% Strong Buy
5 27.8% Buy
8 44.4% Hold
3 16.7% Sell
0 0.0% Strong Sell

12-Month Price Target

13 analysts · 2026-10-01

Mean target $39.92 +18.4%

Now Current price $33.73
Low$31.00 Mean$39.92 High$50.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
VNO $6.35B 7.9 1.3% 50.0% 16.2% ·
BXP $10.70B 38.8 2.2% 8.0% 5.2% 59.1%
CDP $3.15B 20.7 1.4% 20.9% 10.6% ·
CUZ $4.33B 107.4 16.0% 4.1% 0.85% ·
KRC $4.42B 16.1 -2.0% 27.2% 5.6% ·
SLG $3.26B -28.5 13.2% -9.7% -2.5% ·
HIW $2.84B 17.8 -2.4% 20.2% 6.9% ·
DEI $1.84B 122.1 1.8% 1.6% 0.82% 63.3%
PDM $1.04B -12.4 -0.93% -14.8% -5.4% ·
DEA $981M 78.5 11.3% 3.9% 0.98% ·
PSTL · 34.3 25.5% 14.8% 5.3% ·

Latest News Recent headlines mentioning this company

23
Vornado Realty Trust's Series L Preferred Shares About To Put More Money In Your Pocket Nasdaq · 3 months, 3 weeks ago

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

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Source: SEC 10-Q filed Aug 3, 2026