VNO

Based on Vornado Realty Trust's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

What does Vornado Realty Trust do?

Vornado Realty Trust owns and manages commercial real estate, primarily office and retail properties, concentrated in New York City with additional premier assets in Chicago and San Francisco. The company is also a recognized leader in sustainable building practices, managing a large portfolio of LEED certified properties.

Does VNO pay dividends?

Yes, Vornado pays a regular dividend. As a REIT, it is required to distribute the majority of its taxable income to shareholders, making dividend payments a core part of the investment case. The strength and sustainability of that dividend should be assessed in the context of the company's Risk and Growth profile.

When does VNO report earnings?

Vornado reports earnings quarterly, in line with standard practice for US-listed REITs. For exact dates and the most recent results, check Vornado Realty Trust's official investor relations page, as our data source does not cover specific upcoming earnings dates.

Is VNO a good stock to buy?

UQS Score rates VNO as Below Average overall. While Quality and Valuation pillars are Good, the Moat, Growth, and Risk pillars all register as Weak. Whether VNO fits a portfolio depends on individual risk tolerance and investment goals — the full pillar breakdown is available to UQS Pro members.

Is VNO overvalued?

VNO's Valuation pillar is rated Good, suggesting the stock is not obviously overpriced relative to its fundamentals. However, valuation alone does not tell the full story — weak growth and risk profiles can make even a reasonably priced stock a challenging hold. The complete analysis is available on UQS Pro.

How does VNO compare to its competitors?

Compared to peers like Cousins Properties, Kilroy Realty, and Alexandria Real Estate Equities, Vornado stands out for its heavy New York City concentration and sustainability leadership. Competitors offer more geographic or sector diversification, which may reduce their exposure to single-market cycles. See the full UQS comparison for pillar-level context.

What is VNO's market cap bracket?

Vornado Realty Trust is classified as a mid-cap company. This places it below the largest diversified REITs but above smaller regional landlords, reflecting its significant but concentrated asset base in major US urban markets.

Who founded Vornado Realty Trust?

Vornado Realty Trust's founding history is widely documented in public sources. The company traces its roots to 1980 and has been listed on the New York Stock Exchange for over six decades, commemorating 50 years on the NYSE in 2012.

Is VNO a long-term quality investment?

As a long-term quality indicator, VNO's Below Average UQS Score reflects concerns across Moat, Growth, and Risk pillars that are relevant to multi-year holding decisions. The Good Quality and Valuation ratings offer some offset, but long-term conviction would benefit from improvement in those weaker areas. Pro members can view the full breakdown.

What is the main competitive advantage of Vornado Realty Trust?

Vornado's primary differentiator is its concentration in premier New York City real estate — one of the world's most supply-constrained commercial markets — combined with its industry-leading sustainability credentials. However, the UQS Moat pillar rates as Weak, suggesting these advantages may not fully insulate the company from competitive and structural pressures.

What sector does VNO belong to?

Vornado Realty Trust belongs to the Real Estate sector, specifically operating as a real estate investment trust focused on commercial office and retail properties. Investors can explore other [top-rated Real Estate REITs](/sector/real-estate) on UQS Score for sector-wide comparisons.

Vornado Realty Trust shows solid profitability with healthy returns on capital and reasonable margins.

Vornado Realty Trust faces growth headwinds with declining or stagnant revenue trends.

Vornado Realty Trust presents elevated risk with concerns around leverage or financial stability.

Vornado Realty Trust trades at a reasonable valuation with decent earnings yield and FCF multiples.

Vornado Realty Trust operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for VNO.

The UQS (Unified Quality Score) for Vornado Realty Trust is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses Vornado Realty Trust's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether Vornado Realty Trust is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.