Shares Outstanding Shares Outstanding n/a Close	191.95M
Shares Change (YoY) Shares Change (YoY) n/a Close	0.19%
Shares Change (QoQ) Shares Change (QoQ) n/a Close	0.1%
Owned by Institutions (%) Owned by Institutions (%) n/a Close	92.79%
Shares Floating Shares Floating n/a Close	178.25M
Failed to Deliver (FTD) Shares Failed to Deliver (FTD) Shares n/a Close	64
FTD / Avg. Volume FTD / Avg. Volume n/a Close	n/a

Short Selling Information

The latest short interest is 8.41M, so 4.41% of the outstanding shares have been sold short.

Short Interest Short Interest n/a Close	8.41M
Short % of Shares Out Short % of Shares Out n/a Close	4.41%
Short % of Float Short % of Float n/a Close	6.25%
Short Ratio (days to cover) Short Ratio (days to cover) n/a Close	8.44

Valuation Ratios

The PE ratio is 113.8 and the forward PE ratio is 139.72. Vornado Realty Trust's PEG ratio is -1.38.

PE Ratio PE Ratio n/a Close	113.8
Forward PE Forward PE n/a Close	139.72
PS Ratio PS Ratio n/a Close	4.48
Forward PS Forward PS n/a Close	3.3
PB Ratio PB Ratio n/a Close	1.55
P/FCF Ratio P/FCF Ratio n/a Close	14.9
PEG Ratio PEG Ratio n/a Close	-1.38

Financial Ratio History

Enterprise Valuation

Vornado Realty Trust has an Enterprise Value (EV) of 16.27B.

EV / Sales EV / Sales n/a Close	9.1
EV / EBITDA EV / EBITDA n/a Close	18.47
EV / EBIT EV / EBIT n/a Close	30.26
EV / FCF EV / FCF n/a Close	30.26

Financial Position

The company has a current ratio of 1.76, with a Debt / Equity ratio of 1.74.

Current Ratio Current Ratio n/a Close	1.76
Quick Ratio Quick Ratio n/a Close	1.76
Debt / Equity Debt / Equity n/a Close	1.74
Debt / EBITDA Debt / EBITDA n/a Close	10.21
Debt / FCF Debt / FCF n/a Close	16.72
Interest Coverage Interest Coverage n/a Close	0.72

Financial Efficiency

Return on Equity is 1.36% and Return on Invested Capital is 0.79%.

Return on Equity Return on Equity n/a Close	1.36%
Return on Assets Return on Assets n/a Close	0.44%
Return on Invested Capital Return on Invested Capital n/a Close	0.79%
Revenue Per Employee Revenue Per Employee n/a Close	$596,690.92
Profits Per Employee Profits Per Employee n/a Close	$23,493.66
Employee Count Employee Count n/a Close	2,996
Asset Turnover Asset Turnover n/a Close	0.11
Inventory Turnover Inventory Turnover n/a Close	n/a

Taxes

Income Tax Income Tax n/a Close	22.73M
Effective Tax Rate Effective Tax Rate n/a Close	53.05%

Stock Price Statistics

The stock price has increased by 56.26% in the last 52 weeks. The beta is 1.51, so Vornado Realty Trust's price volatility has been higher than the market average.

Beta Beta n/a Close	1.51
52-Week Price Change 52-Week Price Change n/a Close	56.26%
50-Day Moving Average 50-Day Moving Average n/a Close	37.71
200-Day Moving Average 200-Day Moving Average n/a Close	39.73
Relative Strength Index (RSI) Relative Strength Index (RSI) n/a Close	57.75
Average Volume (20 Days) Average Volume (20 Days) n/a Close	1,326,324

Income Statement

In the last 12 months, Vornado Realty Trust had revenue of 1.79B and earned 70.39M in profits. Earnings per share was 0.04.

Revenue Revenue n/a Close	1.79B
Gross Profit Gross Profit n/a Close	1.79B
Operating Income Operating Income n/a Close	263.87M
Net Income Net Income n/a Close	70.39M
EBITDA EBITDA n/a Close	880.61M
EBIT EBIT n/a Close	411.19M
Earnings Per Share (EPS) Earnings Per Share (EPS) n/a Close	0.04

Full Income Statement

Balance Sheet

The company has 733.95M in cash and 8.99B in debt, giving a net cash position of -8.26B.

Cash & Cash Equivalents Cash & Cash Equivalents n/a Close	733.95M
Total Debt Total Debt n/a Close	8.99B
Net Cash Net Cash n/a Close	-8.26B
Retained Earnings Retained Earnings n/a Close	-4.14B
Total Assets Total Assets n/a Close	15.6B
Working Capital Working Capital n/a Close	626.24M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 537.72M and capital expenditures 0, giving a free cash flow of 537.72M.

Operating Cash Flow Operating Cash Flow n/a Close	537.72M
Capital Expenditures Capital Expenditures n/a Close	n/a
Free Cash Flow Free Cash Flow n/a Close	537.72M
FCF Per Share FCF Per Share n/a Close	2.82

Full Cash Flow Statement

Margins

Gross margin is 100%, with operating and profit margins of 14.76% and 3.94%.

Gross Margin Gross Margin n/a Close	100%
Operating Margin Operating Margin n/a Close	14.76%
Pretax Margin Pretax Margin n/a Close	2.4%
Profit Margin Profit Margin n/a Close	3.94%
EBITDA Margin EBITDA Margin n/a Close	49.26%
EBIT Margin EBIT Margin n/a Close	14.76%
FCF Margin FCF Margin n/a Close	30.08%

Dividends & Yields

VNO pays an annual dividend of $0.74, which amounts to a dividend yield of 1.65%.

Dividend Per Share Dividend Per Share n/a Close	$0.74
Dividend Yield Dividend Yield n/a Close	1.65%
Dividend Growth (YoY) Dividend Growth (YoY) n/a Close	97.33%
Payout Ratio Payout Ratio n/a Close	142.31%
Earnings Yield Earnings Yield n/a Close	0.88%
FCF Yield FCF Yield n/a Close	6.71%

Dividend Details

Analyst Forecast

The average price target for VNO is $38, which is -5.8% lower than the current price. The consensus rating is "Hold".

Price Target Price Target n/a Close	$38
Price Target Difference Price Target Difference n/a Close	-5.8%
Analyst Consensus Analyst Consensus n/a Close	Hold
Analyst Count Analyst Count n/a Close	11

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value Lynch Fair Value n/a Close	n/a
Lynch Upside Lynch Upside n/a Close	n/a
Graham Number Graham Number n/a Close	15
Graham Upside Graham Upside n/a Close	-62.81%

Stock Splits

The last stock split was on Jul 18, 2017. It was a forward split with a ratio of 1237:1000.

Last Split Date Last Split Date n/a Close	Jul 18, 2017
Split Type Split Type n/a Close	forward
Split Ratio Split Ratio n/a Close	1237:1000

Scores

Altman Z-Score Altman Z-Score n/a Close	0.39
Piotroski F-Score Piotroski F-Score n/a Close	6