Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
VNO
HOLDFLAGVornado Realty Trust · Real Estate · United States · $8.1B · Avg Vol: $69M/d
Vornado Realty has quality Q68 and momentum M64, but value at V46 is below the calibrated floor, and insiders sold 0.07% with no usable offsetting purchase, which is separately adverse.
COMPANY DESCRIPTION
Vornado Realty Trust is a fully integrated REIT specializing in the ownership, management, acquisition, and development of high-quality office and street retail properties, primarily concentrated in New York City. Its competitive moat stems from its portfolio of prime assets located in highly desirable, supply-constrained urban markets, ensuring enduring demand and significant barriers to entry for new competitors. Vornado is a leading REIT known for its strategic focus on marquee properties in core gateway cities, prioritizing long-term asset value.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.8B | 1.8B | 1.8B | 1.8B | 0.2% | 1.9B | 1.9B | 2.0B | 5.5% |
| EPS | -2.13 | 0.23 | 0.04 | 4.40 | 337.4% | 0.03 | — | — | — |
| Shares | 191.9M | 190.4M | 190.8M | 190.7M | -0.6% | 186.7M | — | — | — |
| Debt | 9.1B | 9.0B | 9.0B | 7.9B | -4.8% | 8.2B | — | — | — |
| Equity | 5.8B | 5.5B | 5.2B | 6.0B | 0.8% | — | — | — | — |
| Op CF | 798.9M | 648.2M | 537.7M | 1.3B | 16.3% | 390.9M | — | — | — |
| Inv CF | -906.9M | -128.8M | -597.4M | 115.5M | — | — | — | — | — |
| Fin CF | -801.3M | -278.9M | -252.3M | -1.3B | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Real Estate, ranked by industry match, size, and score similarity. Cross-listings of VNO are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| VNO | Vornado Realty Trust(you) | $8.1B | 58 | HOLD |
| ARE | Alexandria Real Estate Equities, Inc. | $8.9B | 56 | HOLD |
| SLG | SL Green Realty Corp. | $4.2B | 58 | HOLD |
| BXP | BXP, Inc. | $12.3B | 51 | HOLD |
| CUZ | Cousins Properties Incorporated | $5.3B | 66 | BUY |
| KRC | Kilroy Realty Corporation | $4.6B | 66 | BUY |
| HIW | Highwoods Properties, Inc. | $3.8B | 72 | BUY |
| CDP | COPT Defense Properties | $4.4B | 81 | STRONG BUY |
| DEI | Douglas Emmett, Inc. | $2.5B | 42 | HOLD |
| DEA | Easterly Government Properties, Inc. | $1.2B | 66 | BUY |
Peer medians: ROE 5.0% · P/E 26.0x · Gross margin 67.4%