VNO
Real Estate · REIT - Office
Performance
VNO (VNO) Stock Analysis 2026
Rule-based · Updated daily · Not financial advice
VNO (VNO) operates in the REIT - Office space within the Real Estate sector. With a market cap of $7.8B, it qualifies as a small-cap company. Revenue has been contracting year-over-year, a headwind that investors will watch closely in upcoming earnings.
- Low P/E of 10.4× suggests the stock may be undervalued relative to earnings
- Exceptional profit margin of 42.9% — the business retains a large share of each dollar earned
- Current ratio of 6.2× — ample short-term liquidity
- Revenue declined 2% YoY — warning sign for business momentum
- High debt-to-equity of 126.13× increases financial risk, especially with elevated interest rates
- High beta of 1.56 — this stock is significantly more volatile than the broader market
Verdict
Hold
Mixed signals — strengths and risks roughly balance. Wait for a clearer catalyst.
AI Insight
Powered by ClaudeAI-generated analysis for informational purposes only. Not financial advice.
Related Articles
Revenue & Results
Dividends
Current DY
1.93%
5Y Avg Annual
$1.2790
Last Payment
$0.7400
Ex-Date
12/18/2025
Annual dividends paid per share
| Ex-Date | Payment | Amount | Est. DY |
|---|---|---|---|
Latest12/18/2025 | 12/29/2025 | $0.7400 | 7.80% |
12/16/2024 | 12/27/2024 | $0.7400 | 7.80% |
12/14/2023 | 12/25/2023 | $0.3000 | 3.16% |
01/27/2023 | 02/07/2023 | $0.3750 | 3.95% |
11/04/2022 | 11/15/2022 | $0.5300 | 5.59% |
08/05/2022 | 08/16/2022 | $0.5300 | 5.59% |
05/06/2022 | 05/17/2022 | $0.5300 | 5.59% |
01/28/2022 | 02/08/2022 | $0.5300 | 5.59% |
Magic Number
Shares needed to self-fund your next purchase
$37.95
Price
$0.7400
Last div. (yearly)
52
shares
Own 52 VNO shares ($1,973.40) and each yearly dividend pays for 1 new share — the snowball runs on its own.
Investment target
$1,973.40
New shares / year
+1 shares
If You Had Invested…
Hypothetical return based on historical prices
* Dividend reinvestment calculated at ex-date price. For informational purposes only.
Earnings
Next Earnings
Aug 3, 2026
48
days
EPS (TTM)
$3.65
P/E (TTM)
10.4
Fwd P/E
151.8
Earnings History
SEC EDGAR · official filings
SEC Filings
Official EDGAR documents
Key Statistics
Valuation
Trading
Dividends
Profitability
Balance Sheet
Fair Value Estimates
Current price: $37.95
Graham Number
√(22.5 × EPS × Book Value)
$45.95
Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.
Bazin Ceiling Price
Avg. Annual DPS (5Y) ÷ 6%
$21.32
Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.
These are simplified estimates. Not financial advice.
Buy & Hold Checklist
Quality criteria for long-term holding
7/10
78% score
Pays dividends
15Y hist.15+ years of dividend history
Dividend consistency (5Y+)
15 yrsUninterrupted dividend payments for at least 5 years
ROE above 10%
12.6%Return on equity — measures how efficiently capital is used
Positive profit margin
42.9%Net profit margin must be positive — company earns more than it spends
Revenue growth (annual)
-2.2%Annual revenue must be growing compared to the prior year
Earnings growth (annual)
Annual earnings must be growing compared to the prior year
Debt/Equity below 2×
126.13×Low financial leverage reduces risk of distress
Current ratio above 1
6.21×Short-term assets must cover short-term liabilities
Daily liquidity above $5M
$76M/dayHigh trading volume ensures easy entry and exit
Dividend yield above 0%
1.93%Stock must distribute income to shareholders
Related Assets
Real Estate
About VNO
Vornado Realty Trust is a fully integrated real estate investment trust with a 26 million square-foot portfolio of premier New York City office, retail and multifamily assets and the developer of the new PENN DISTRICT. While concentrated in New York, Vornado also owns premier assets in both Chicago and San Francisco. Vornado is a real estate industry leader in sustainability, with 100% of our in-service office buildings LEED certified and over 95% certified LEED Gold or Platinum. Vornado Realty Trust was incorporated in 1946 in Maryland, USA.