VNO — Vornado Realty Trust

Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates VNO Bullish with a Setup Score of 60, net conviction 32, actionability 114. How the Setup Score works →

Total Setup Score60
Directional BiasBullish
Net Conviction32
Actionability114 (in range)

Key signals behind this score

About Vornado Realty Trust

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… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$33.63
Market Cap$6.92B
Float156.6M
Shares Outstanding188.1M
P/E (Forward)57.14
P/E (TTM)845.25
Price/Sales (TTM)3.57
vs. Analyst Target+18.7% to analyst PT
Profit Margin3.62%
Operating Margin (TTM)9.80%
Revenue (TTM)$1.88B
Earnings Growth (YoY)-97.80%
Dividend Rate0.7%
Analyst Target Price$39.92 (13 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $1.53B -$297M $739M $204M
2021 $1.59B $176M $792M $841M
2022 $1.80B -$346M $926M $423M
2023 $1.81B $105M $906M $846M
2024 $1.79B $70.4M $1.79B $881M
2025 $1.81B $905M $1.81B $1.77B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 $454M $27.1M
Dec 2025 $454M $16.1M
Mar 2026 $459M -$7.3M
Jun 2026 $462M $46.3M

Ownership & Float

Insider Ownership7.4%
Institutional Ownership101.8%
Short Float7.1%
% of All Funds Holding4.88%
Number of Funds Holding429

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$36.36Near-term / short-term trend
Weekly40-Week SMA$33.38Medium-term trend
Weekly80-Week SMA$35.48Cyclical trend (business cycle)
Weekly200-Week SMA$30.67Secular trend (multi-year)
Monthly10-Month SMA$33.27Near-term monthly trend
Monthly20-Month SMA$35.29Medium-term monthly trend
Monthly40-Month SMA$33.02Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$33.60 support 1.03x 3 months ago
$30.00 support 1.02x 4 months ago

Historical Earnings Reactions (114 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.07% 0.00% 44.74% 6.78% -4.56%
1 Day -0.52% -0.25% 41.23% 16.63% -11.47%
1 Week -0.57% 0.03% 50.00% 15.96% -25.65%
2 Weeks -0.22% -0.42% 45.61% 25.38% -37.19%
1 Month 1.36% 1.29% 54.39% 33.00% -19.06%

Next earnings: November 2, 2026 (22 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan0.6%54.3%46
Feb-0.9%54.3%46
Mar1.6%73.9%46
Apr3.0%55.3%47
May0.5%57.4%47
Jun1.2%59.6%47
Jul2.5%68.1%47
Aug-0.3%44.7%47
Sep0.3%51.1%47
Oct0.1%52.2%46
Nov2.1%52.2%46
Dec1.7%65.2%46

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.01% 45.9% 2218
Tuesday 0.09% 45.9% 2407
Wednesday -0.01% 44.4% 2405
Thursday 0.00% 44.9% 2359
Friday 0.16% 46.6% 2343

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 101.8%

Insider Transactions — Smart Summary

Total insider ownership: 7.4%

Founder-led management: Steven Roth (Chairman of the Board and Chief Executive Officer)

12-Month Insider Activity Summary

Total Filings6
Net Value-$3.1M
Net Shares Change-9,350
% of Float-0.0%
C-Suite Filings1
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
TISCH DANIEL R +$5.6M 3 3 buy
Fascitelli Michael D -$4.9M 1 1 sell
Chera Haim EVP - HEAD OF RETAIL -$3.1M 1 1 sell
WIGHT RUSSELL B JR +$67,753.6 1 1 buy

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-10-01 Chera Haim EVP - HEAD OF RETAIL -$3.1M Transaction at $34.01, now -1.1%
2026-06-10 WIGHT RUSSELL B JR +$67,753.6 Transaction at $16.94, now +98.5%
2026-03-03 TISCH DANIEL R +$4.2M Transaction at $26.91, now +25.0%
2026-03-16 TISCH DANIEL R +$766,500 Transaction at $25.55, now +31.6%
2026-02-26 TISCH DANIEL R +$696,250 Transaction at $27.85, now +20.8%
2026-06-18 Fascitelli Michael D -$4.9M Transaction at $36.62, now -8.2%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Vornado Realty Trust (VNO) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for VNO on Trend Edge →