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Vornado Realty Trust

VNO Real Estate Unknown Updated July 20, 2026
$39.96
52W $24.57 – $43.37
59/100
10.4
1.53
Explore VNO Further
📈 Rating History 💰 Earnings 📰 Recent Events 🔄 What Changed 📖 Thesis Evolution 🔍 Similar Stocks
AI Committee Verdict
Watch
Conviction: Contested · 50% agreement · 6 analysts
+1.5%
-1.3%
1.15:1
Contested
Is VNO Bullish or Bearish?
Mixed. Innellis AI committee rates Vornado Realty Trust (VNO) Watch with a composite score of 59/100 , based on 6 analysts with 50% agreement. Last updated July 20, 2026.
Executive Summary
The committee is genuinely divided. Value Analyst sees a compelling case — p/e of 9.4 is inexpensive for the broad market. Growth Analyst remains cautious — revenue declining -0.3% yoy -- this is not a growth story right now. This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
  • Daily trend: uptrend.
  • Weekly trend: uptrend.
  • Daily and weekly trends are both bullish — multi-timeframe alignment, highest confidence.
  • Daily volatility (ATR%) above ~3% is treated as elevated risk.
Bear Case
  • MACD histogram is negative (-0.119) — bearish momentum.
  • Bearish candlestick pattern(s) detected: Evening Star.
Price History (6M)
AI Investment Committee
Committee Consensus As of July 20, 2026
Overall Committee Score
59/100
Agreement
50%
Analysts
6
Conviction
Contested
Value Analyst bullish
80 / 100 · Moderate confidence
Classic value case: cheap on multiples with earnings power to back it up
+ P/E of 9.4 is inexpensive for the broad market
Growth Analyst bearish
40 / 100 · High confidence
Growth story is weak, decelerating, or inconsistent
+ EPS growing 373.5% YoY
− Revenue declining -0.3% YoY -- this is not a growth story right now
Technical Analyst neutral
57 / 100 · High confidence
Mixed or range-bound price action
+ Price structure making higher highs and higher lows
− MACD histogram negative -- bearish momentum
Macro Analyst bullish
70 / 100 · Moderate confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ Market regime is bullish (Bull market -- normal position sizing)
News Analyst bullish
64 / 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.20 across 5 articles, 14d)
Portfolio Manager neutral
45 / 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 2975.52)
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Investment Thesis Evolution

Committee score moved marginally from 59.3 to 59.3.

Analyst-level changes:
  • Portfolio Manager: +1 bearish signal(s).
  • Value Analyst: +1 bullish signal(s).

Comparing 2026-07-19 to 2026-07-20 (1 day apart).

Technical Analysis
RSI (14)
55.8
Neutral
MACD Histogram
-0.119
Bearish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Mixed
Support
$39.24
Resistance
$40.36
Bollinger %B
0.65
Inside Bands
Price vs Moving Averages
EMA 9
$39.60 Above
EMA 21
$38.82 Above
EMA 50
$36.48 Above
EMA 200
$34.06 Above
Fundamental Analysis
Valuation
100
Growth
48
Profitability
1
Financial Health
78
Cash Flow
38
Valuation
P/E Ratio 10.4×
P/B Ratio 1.25×
PEG Ratio 0.02
Dividend Yield 0.02%
52W High $43.37
52W Low $24.57
Quality & Growth
ROE 15.1%
ROA 5.8%
Gross Margin 73.2%
Operating Margin 13.3%
Revenue Growth YoY
Debt / Equity 1.40
AI Fundamental Assessment
P/E ratio of 10.4 (inexpensive relative to a 15-40x range); Price-to-book of 1.3x; PEG ratio of 0.0 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 0.2%; Return on assets of 0.1%; Net margin of 0.4%; Gross margin of 0.7%; Current ratio of 2.08 (healthy short-term liquidity); Debt-to-equity of 1.40; Free cash flow margin of 1.0% (thin cash generation); Free cash flow per share is positive (6.61); Most recent quarter missed estimates by 39.7%; 2 consecutive earnings misses; EPS growth roughly steady (-98.4% -> -100.0% QoQ); Analyst estimates falling over recent quarters
Key Risks
  • MACD histogram is negative (-0.119) — bearish momentum.
  • Bearish candlestick pattern(s) detected: Evening Star.
This risk summary is generated from quantitative data signals, not qualitative opinion. All investors should conduct their own due diligence. This is not financial advice.
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