Vornado Realty Trust (VNO) Stock Analysis & Forecast

Sep 28 close

$34.10−0.63 (−1.8%)

Gekko Brief

AI summary

This week's attention on Vornado centers on leasing momentum at its Penn District properties, with Swiss running brand On signing a 15-year lease for 85,000 square feet at Penn 1, relocating its headquarters there. The company also drew notice ahead of the BofA NY Global Real Estate Conference, where executives are set to discuss the New York portfolio. Truist Financial and Truist Securities both maintained a Hold rating with a $35 price target, describing the valuation as reflective of near-term earnings and capital market risks. A Form 144 filing was also reported, noting an officer's planned sale of shares valued at approximately $3.07 million.

Vornado shares closed at $34.10, down 1.8% on the day and sitting between the 50-day average of $37.65 and the 200-day average of $33.38. The stock's one-month return stands at -11.9%, though its six-month return is 38%. The GekkoIndex reads 67, placing the stock in the Accumulation zone. Gekko Fair Value is set at $48.72, putting the current price about 30% below that level.

Vornado's next earnings report is scheduled for 2 November 2026, 34 days out and beyond a typical 20-trading-day holding window. Analyst consensus among 12 firms shows 3 buy, 6 hold, and 3 sell ratings, with a consensus target of $39.92. Seasonality over the next 20 trading days has averaged -1% across 5 years, rising in 2 of them, worth noting alongside the current absence of insider, Congress, or unusual options activity in their respective windows.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

Vornado Realty Trust price vs fair value

$48.72$34.10Sep ’25Mar ’26Sep ’26
Close $34.10200-day averageGekko Fair Value $48.72

Vornado Realty Trust quick facts

Market cap
$6.41B
P/E ratio
1146
Forward P/E
57.1
EPS, TTM
$0.03
Revenue, TTM
$1.88B
Profit margin
3.6%
Dividend yield
2.17%
Beta
1.54
Volume
1.42M avg 1.36M
1-year return
−15.6%
Typical daily move
±3%
Typical 20-day move
±8.2%
50-day average
$37.65
200-day average
$33.38
Next earnings
Nov 2
Shares outstanding
186.7M
52-week range
$24.57$41.85

Vornado Realty Trust swing-trade checklist

Vornado Realty Trust scores 3 supportive, 1 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive1 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $34.10 sits between the 50-day ($37.65) and 200-day ($33.38) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    67, Accumulation

    Reading 67 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    30.0% below

    Price is 30% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 34 days

    Next report Nov 2, 2026, 34 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −1.0% on average

    From this point in the calendar, the next 20 trading days averaged −1% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Vornado Realty Trust stock chart and price history

Vornado Realty Trust closed at $34.10 on Sep 28, 2026, −15.6% over the past year, inside a 52-week range of $24.57 to $41.85.

Close50-day average200-day averageVolume
Vornado Realty Trust share price, past year, with 50-day and 200-day moving averages and volume$25$30$40NovDecJan 2026FebMarAprMayJunJulAugSep34.10

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−11.9%
3 months
−13.7%
6 months
+38.0%
1 year
−15.6%
The full VNO chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open VNO in Gekko

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About Vornado Realty Trust

Vornado Realty Trust owns and operates commercial real estate, with the bulk of its properties concentrated in New York City. It also holds notable buildings in Chicago and San Francisco. The company has built a reputation for its attention to environmentally efficient building practices within the properties it manages.

Vornado's holdings include more than 23 million square feet of LEED-certified space, reflecting an emphasis on sustainable building operations across its portfolio. This focus was acknowledged through an Energy Star Partner of the Year Award for Sustained Excellence in 2019, recognizing the company's environmental performance.

Vornado Realty Trust has a long history as a publicly traded company, having marked fifty years on the New York Stock Exchange in 2012. Shares of the company trade under the ticker VNO.

Sector
Finance
Website
vno.com

Vornado Realty Trust GekkoIndex: the smart money zone

Vornado Realty Trust’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 67, in the Accumulation zone, up 2 points over five sessions.

010067Accumulation

Up 2 points over five sessions.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying28+1.4%−0.2%+0.2%+3.9%
Accumulation (current zone)219−0.5%−0.8%−0.4%+2.8%
Neutral341+0.8%+1.5%+2.0%+5.9%
Distribution370.0%+1.1%+5.1%+8.2%
Selling0Not available

Average VNO share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the VNO price, zone by zone.Track VNO in Gekko

Is Vornado Realty Trust stock overvalued? Gekko Fair Value

Vornado Realty Trust trades 30.0% below Gekko Fair Value of $48.72, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Vornado Realty Trust shares are worth, recalculated every trading day.

$48.72

Gekko Fair Value, Sep 26, 2026

30.0% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open VNO in Gekko

Vornado Realty Trust insider and Congress trading

No open-market insider purchases were filed for Vornado Realty Trust, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for VNO in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every VNO insider filing, plotted on the chart in Gekko.Open VNO in Gekko

Congress trades last 90 days

No trades in VNO were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for VNO, plotted on the chart in Gekko.Open VNO in Gekko

Buybacks

Vornado Realty Trust has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$53.50M
As a share of market cap
0.83%

From company filings.

Hedge funds and billionaires quarter ended Mar 31

0of the funds Gekko tracks hold VNO.

0added0opened0trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko

Vornado Realty Trust earnings: next date and track record

Vornado Realty Trust reports on Nov 2, 2026 (34 days away), and beat the EPS estimate in 7 of its last 8 reports.

7 of 8reports beat the EPS estimate
±4%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

−7.7%May ’24+7.8%Aug ’24+3.7%Nov ’24−0.6%Feb ’25+3.0%May ’25−1.5%Aug ’25−5.5%Nov ’25+1.8%Feb ’26
ReportedEPSSurpriseRevenueSurpriseMove
Feb 9, 2026$0.55
est $0.06
+816.7%$453.7M
est $444.7M
+2.0%+1.8%
Nov 3, 2025$0.57
est $0.55
+3.6%$453.7M
est $440.2M
+3.1%−5.5%
Aug 4, 2025$0.56
est $0.53
+5.7%$441.4M
est $469.5M
−6.0%−1.5%
May 5, 2025$0.63
est $0.52
+21.2%$461.6M
est $460.1M
+0.3%+3.0%
Feb 10, 2025$0.61
est −$0.05
+1,320.0%$457.8M
est $447.5M
+2.3%−0.6%
Nov 4, 2024$0.52
est $0.51
+2.0%$443.3M
est $450.6M
−1.6%+3.7%
Aug 5, 2024$0.57
est $0.55
+3.6%$450.3M
est $439.3M
+2.5%+7.8%
May 6, 2024$0.55
est $0.58
−5.2%$436.4M
est $449.2M
−2.9%−7.7%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Vornado Realty Trust stock forecast and analyst price targets

Analysts’ average 12-month price target for Vornado Realty Trust is $39.92, +17.1% from the last close, from 12 firms rating the stock in the last 90 days.

$39.92consensus 12-month target, +17.1% from the last close
Low $31High $50
Buy3
Hold6
Sell3

Each firm’s latest rating in the last 90 days: 12 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 21Evercore ISIBuy, maintained$43+26.1%
Sep 21Truist FinancialHold, maintained$35+2.6%
Sep 17ScotiabankHold, maintained$39+14.4%
Sep 15J.P. MorganHold, maintained$39+14.4%
Sep 8BarclaysSell, maintained$34−0.3%
−0.4%average 20-day move after past Accumulation readings
−1.0%average move over the next 20 trading days in the last 5 years
±3%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Vornado Realty Trust seasonality: the next 20 trading days

Over the next 20 trading days from Sep 29, Vornado Realty Trust averaged −1.0% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

−0.6%2021+1.3%2022−13.9%2023+9.9%2024−3.0%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−1.5%3 of 5
Next 10 trading days−2.3%2 of 5
Next 15 trading days−0.5%2 of 5
Next 20 trading days−1.0%2 of 5
Next 30 trading days+2.2%3 of 5

For scale, VNO’s typical 20-trading-day move in either direction is about 8.2%.

Vornado Realty Trust market cap and key statistics

Vornado Realty Trust’s market cap is $6.41B, with a P/E ratio of 1146 and revenue of $1.88B over the last twelve months.

Valuation

Market cap
$6.41B
P/E ratio
1146
Forward P/E
57.1
EPS, TTM
$0.03
Gekko Fair Value
$48.72

Trading

Volume
1.42M
Avg volume, 20 days
1.36M
52-week high
$41.85
52-week low
$24.57
Shares outstanding
186.7M

Financials

Revenue, TTM
$1.88B
Profit margin
3.6%
Return on equity
0.6%
Quarterly earnings growth, YoY
−97.8%

Risk and income

Beta
1.54
Typical daily move
±3%
Typical 20-day move
±8.2%
Dividend yield
2.17%

Vornado Realty Trust stock news this week

Coverage of Vornado Realty Trust this week reads positive: 3 positive, 3 neutral and 2 negative headlines.

News sentiment positive

More stocks

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Vornado Realty Trust stock FAQ

What is Vornado Realty Trust’s market cap?

Vornado Realty Trust’s market cap is $6.41B at the Sep 28, 2026 close of $34.10, with 186.7M shares outstanding. The shares trade on a P/E ratio of 1146.

What is the Vornado Realty Trust stock forecast?

The consensus analyst 12-month price target for Vornado Realty Trust is $39.92, +17.1% from the last close. Of the 12 firms that rated the stock in the last 90 days, 3 rate it a buy, 6 a hold and 3 a sell. Gekko doesn’t publish price predictions of its own.

Is Vornado Realty Trust stock overvalued or undervalued?

On Gekko’s estimate Vornado Realty Trust is undervalued: the Sep 28, 2026 close of $34.10 is 30.0% below Gekko Fair Value of $48.72. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Vornado Realty Trust report earnings next?

Vornado Realty Trust is expected to report on Nov 2, 2026 (34 days away). Analysts expect earnings of −$0.13 per share on revenue of $477.4M. Vornado Realty Trust beat the earnings estimate in 7 of its last 8 reports, moving 4% on average across the report.

What is Vornado Realty Trust’s 52-week high and low?

Vornado Realty Trust’s 52-week high is $41.85 and its 52-week low is $24.57; it closed at $34.10 on Sep 28, 2026, −15.6% over the past year. Over the last five years the shares peaked at $47.26 on Mar 11, 2022.

Is Vornado Realty Trust stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and earnings risk), 1 as mixed (trend) and 1 as a headwind (seasonality). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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