VNO NYSE Week ended 24 Jul 2026

Weekly Investor Report

Vornado Realty Trust · Real Estate · Reit - Office

Latest close 39.72 USD
-1.5% latest week
Weekly setup

Constructive, but selective

The weekly trend is active. Price is 23.4% above the Trend Line and sits at 84.8% of its 52-week range. The latest completed week returned -1.5%, after a 1.6% four-week move. The latest factor snapshot indicates quality ranks strongly versus its universe; growth is moderate; valuation is inexpensive relative to peers. Options positioning is bearish with 48/100 conviction, while the latest news-sentiment score is 49/100. Near-term considerations: earnings are due in 2d.

Setup score 57 out of 100
Latest Close 39.72 USD 24 Jul 2026
1W Return -1.5% latest completed week
4W Return 1.6% short-term follow-through
12W Return 31.5% quarterly tape
Trend Breadth 26.9% 14 of 52 weeks active
Volume Ratio 1.2x vs 13-week average
What is working
  • The trend backdrop is active with a 5-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.
  • Activity pressure is positive on the latest completed week.
What could go wrong
  • 3 reversal markers appear in the recent smart-money tape.
What to watch next
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is active. Price is 23.4% above the Trend Line and sits at 84.8% of its 52-week range. The latest completed week returned -1.5%, after a 1.6% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 1.2x the 13-week average. Participation is around or above normal and provides reasonable confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.7112-week average 0.32

12-week confirmation

Trend active5/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure12/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership6/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.71Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers33 reversal markers

No recent accumulation markers. 3 reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is 1.6% over four weeks, 31.5% over 12 weeks, and 1.7% over one year. The current trend has remained active for 5 consecutive weeks.

Performance by holding period

1W-1.5%
4W1.6%
12W31.5%
26W23.6%
52W1.7%
Active trend streak5 weeks
Active weeks in one year14
Trend breadth26.9%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure1.27Latest activity-pressure read.
Pressure change2.3%Four-week change in activity pressure.
Leadership7.38Latest relative-leadership reading.
RS change24.1%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

The latest factor snapshot indicates quality ranks strongly versus its universe; growth is moderate; valuation is inexpensive relative to peers.

Open full factor analysis
Factor week 26 Jul 2026 Financial statements through 31 Mar 2026 Field coverage 100% Model confidence 96%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength89/100Blend of value, momentum, and quality. Underlying universe rank 12; rank 1 is best.
Value88/100Relative valuation strength. Underlying universe rank 13; rank 1 is best.
Quality95/100Profitability and accounting quality. Underlying universe rank 6; rank 1 is best.
Momentum29/100Medium-term price momentum. Underlying universe rank 72; rank 1 is best.
Growth76/100Revenue and earnings growth. Underlying universe rank 25; rank 1 is best.
How to read this

Quality and valuation are separate questions

A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.

Value-quality framework78/100Value and quality alignment from the Sharemaestro SVQF framework.

Valuation

How much investors are paying for earnings, sales, and cash flow.

P/E
9.4x
Price divided by trailing earnings.
Price / sales
4.1x
Market value relative to trailing revenue.
EV / EBITDA
10.2x
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
16.8%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
73.2%
Gross profit retained from each unit of revenue.
Operating margin
64.2%
Operating profit retained from revenue.
Free-cash-flow margin
154.6%
Free cash flow generated from revenue.
Return on invested capital
8.6%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
-0.3%
Latest one-year revenue growth.
EPS growth
378.3%
Latest one-year earnings-per-share growth.
Free-cash-flow growth
90.4%
Latest one-year free-cash-flow growth.
Piotroski F-score
7/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
1.9%
Cash dividends relative to market value.
Buyback yield
0.7%
Net share repurchases relative to market value.
Shareholder yield
2.5%
Dividend yield plus net buyback yield.
Net debt / EBITDA
4.5x
Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Options positioningBearish

VNO shows bearish options pressure with a 48/100 conviction score, put-call volume ratio of 2.42, expected move of 9.1%, and Sharemaestro trend signal active.

Conviction48/100
Expected move9.1%
Put/call volume2.42
Pressure-33
Speculation40
Volatility65
Trend agreement74
Open options detail
Insider activity14 / 4

14 acquisitions and 4 disposals in the latest 180-day insider tape.

Acquisitions / disposals over the latest 180 days. Insider activity is context, not a stand-alone signal.
News sentiment49/100

Weighted news tone is neutral across 50 relevant articles.

8 positive · 35 neutral · 7 negative
Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings2dNext report is scheduled for 03 Aug 2026; event risk rises as the date approaches.
Options expected move9.1%Nearest-chain priced movement where available.
52-week drawdown-6.4%Distance below the 52-week high.
13-week volatility4.2%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher13 of 2613 weeks finished lower.
Best week+8.7%Week of 12 Jun.
Worst week-5.5%Week of 10 Jul.
Latest week-1.5%Week of 24 Jul.

Shape of recent returns

Strong gains8
Modest gains5
Flat weeks0
Modest losses9
Sharp losses4
Recent vol4.2%13-week weekly-return volatility.
Base vol4.3%52-week weekly-return volatility.
Up/down split24/28Count of positive and negative weeks in the 52-week window.
Average skew4.1% / -3.3%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
24 Jul 202639.72 USD-1.5%32.19 USD32.11 USD1.277.389.9MOn
17 Jul 202640.34 USD5.2%31.98 USD31.99 USD1.228.087.2MOn
10 Jul 202638.35 USD-5.5%31.75 USD31.86 USD1.210.928.5MOn
3 Jul 202640.58 USD3.8%31.63 USD31.73 USD1.277.826.2MOn
26 Jun 202639.11 USD3.4%31.41 USD31.58 USD1.245.958.2MOn
19 Jun 202637.81 USD-1.2%31.31 USD31.44 USD1.17-0.317.7MOff
12 Jun 202638.27 USD8.7%31.15 USD31.29 USD1.091.2111.5MOff
5 Jun 202635.21 USD4.3%31.00 USD31.14 USD0.89-6.897.5MOff
29 May 202633.75 USD5.5%31.04 USD31.01 USD0.92-13.597.5MOff
22 May 202631.98 USD4.6%31.15 USD30.88 USD0.84-17.517.5MOff
15 May 202630.58 USD-4.9%31.37 USD30.75 USD0.69-21.038.4MOff
8 May 202632.16 USD6.5%31.63 USD30.64 USD0.46-17.5211.8MOff
1 May 202630.20 USD3.1%31.80 USD30.51 USD-0.05-21.428.2MOff
24 Apr 202629.30 USD0.1%32.13 USD30.40 USD-0.60-23.698.4MOff
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.