Vornado Realty Trust (NYSE:VNO - Get Free Report) had its price target boosted by research analysts at Compass Point from $40.00 to $44.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has a "neutral" rating on the real estate investment trust's stock. Compass Point's price target would suggest a potential upside of 3.87% from the stock's previous close.
Other equities analysts have also issued research reports about the stock. Mizuho upgraded shares of Vornado Realty Trust from a "neutral" rating to an "outperform" rating and increased their price objective for the company from $38.00 to $48.00 in a research report on Tuesday, January 7th. Truist Financial raised their target price on shares of Vornado Realty Trust from $31.00 to $40.00 and gave the stock a "hold" rating in a report on Wednesday, December 4th. Evercore ISI raised their target price on shares of Vornado Realty Trust from $40.00 to $45.00 and gave the stock an "outperform" rating in a report on Wednesday, November 6th. Barclays raised their target price on shares of Vornado Realty Trust from $27.00 to $34.00 and gave the stock an "underweight" rating in a report on Monday, October 28th. Finally, StockNews.com upgraded shares of Vornado Realty Trust to a "sell" rating in a report on Tuesday, November 12th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Vornado Realty Trust currently has an average rating of "Hold" and a consensus price target of $37.98.
View Our Latest Report on Vornado Realty Trust
Vornado Realty Trust Price Performance
VNO stock traded up $0.51 during trading on Wednesday, hitting $42.36. 1,091,783 shares of the company's stock traded hands, compared to its average volume of 1,083,044. Vornado Realty Trust has a 52 week low of $22.42 and a 52 week high of $46.63. The company has a debt-to-equity ratio of 1.93, a quick ratio of 4.97 and a current ratio of 4.97. The business has a fifty day simple moving average of $42.06 and a 200 day simple moving average of $39.63. The stock has a market capitalization of $8.08 billion, a price-to-earnings ratio of -146.08 and a beta of 1.62.
Vornado Realty Trust (NYSE:VNO - Get Free Report) last released its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $0.61 EPS for the quarter, beating the consensus estimate of ($0.05) by $0.66. Vornado Realty Trust had a net margin of 0.46% and a return on equity of 1.72%. As a group, research analysts expect that Vornado Realty Trust will post 2.16 EPS for the current fiscal year.
Institutional Investors Weigh In On Vornado Realty Trust
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. ORG Wealth Partners LLC bought a new stake in shares of Vornado Realty Trust in the 4th quarter valued at about $32,000. UMB Bank n.a. raised its holdings in shares of Vornado Realty Trust by 53.2% in the 4th quarter. UMB Bank n.a. now owns 772 shares of the real estate investment trust's stock valued at $32,000 after purchasing an additional 268 shares in the last quarter. Versant Capital Management Inc raised its holdings in shares of Vornado Realty Trust by 1,014.0% in the 4th quarter. Versant Capital Management Inc now owns 958 shares of the real estate investment trust's stock valued at $40,000 after purchasing an additional 872 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of Vornado Realty Trust by 331.0% in the 3rd quarter. Blue Trust Inc. now owns 1,099 shares of the real estate investment trust's stock valued at $43,000 after purchasing an additional 844 shares in the last quarter. Finally, Assetmark Inc. raised its holdings in shares of Vornado Realty Trust by 122.2% in the 3rd quarter. Assetmark Inc. now owns 1,202 shares of the real estate investment trust's stock valued at $47,000 after purchasing an additional 661 shares in the last quarter. Institutional investors own 90.02% of the company's stock.
Vornado Realty Trust Company Profile
(
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Vornado Realty Trust is a fully - integrated equity real estate investment trust.
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