Vornado Realty Trust (VNO) Stock Price, News & Analysis

Company Overview

Vornado Realty Trust is a fully - integrated equity real estate investment trust.

Key Stats

• Today's Range: $41.07 to $42.64
• 50-Day Range: $30.27 to $41.46
• 52-Week Range: $18.36 to $42.64
• Volume: 1.62 million shs
• Average Volume: 2.06 million shs
• Market Capitalization: $8.05 billion
• P/E Ratio: 469.44
• Dividend Yield: 0.71%
• Price Target: $30.43
• Consensus Rating: Reduce

Vornado Realty Trust Stock Analysis - MarketRank™

Vornado Realty Trust scored higher than 45% of companies evaluated by MarketBeat, and ranked 688th out of 911 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Reduce

Consensus Rating

Vornado Realty Trust has received a consensus rating of Reduce. The company's average rating score is 1.91, and is based on 2 buy ratings, 6 hold ratings, and 3 sell ratings.

Amount of Analyst Coverage

Vornado Realty Trust has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: -2.30%

Earnings Growth

Earnings for Vornado Realty Trust are expected to decrease by -2.30% in the coming year, from $2.17 to $2.12 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Vornado Realty Trust is 469.44, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 133.32.

Price to Earnings Ratio vs. Sector

The P/E ratio of Vornado Realty Trust is 469.44, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 46.92.

Price to Book Value per Share Ratio

Vornado Realty Trust has a P/B Ratio of 1.78. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.85% of the float of Vornado Realty Trust has been sold short.

Short Interest Ratio / Days to Cover

Vornado Realty Trust has a short interest ratio ("days to cover") of 6.8.

Change versus previous month

Short interest in Vornado Realty Trust has recently increased by 4.63%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Vornado Realty Trust has a dividend yield of 0.75%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Vornado Realty Trust does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Vornado Realty Trust is 333.33%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Vornado Realty Trust will have a dividend payout ratio of 14.15% next year. This indicates that Vornado Realty Trust will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.2 / 5
• Environmental Score: -3.25

Percentage of Shares Shorted

8.85% of the float of Vornado Realty Trust has been sold short.

Short Interest Ratio / Days to Cover

Vornado Realty Trust has a short interest ratio ("days to cover") of 6.8.

Change versus previous month

Short interest in Vornado Realty Trust has recently increased by 4.63%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.94

News Sentiment

Vornado Realty Trust has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Vornado Realty Trust this week, compared to 5 articles on an average week.

Search Interest

Only 1 people have searched for VNO on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Vornado Realty Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Vornado Realty Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 8.14% of the stock of Vornado Realty Trust is held by insiders.

Percentage Held by Institutions

90.02% of the stock of Vornado Realty Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

VNO Stock Analysis - Frequently Asked Questions

How have VNO shares performed this year?

Vornado Realty Trust's stock was trading at $28.25 at the beginning of 2024. Since then, VNO shares have increased by 49.6% and is now trading at $42.25.
View the best growth stocks for 2024 here.

How were Vornado Realty Trust's earnings last quarter?

Vornado Realty Trust (NYSE:VNO) posted its earnings results on Monday, August, 5th. The real estate investment trust reported $0.18 EPS for the quarter, missing the consensus estimate of $0.55 by $0.37. The firm's revenue for the quarter was down 4.7% on a year-over-year basis.
Read the conference call transcript.

Is Vornado Realty Trust doing a stock buyback?

Vornado Realty Trust's Board of Directors initiated a stock repurchase program on Wednesday, April 26th 2023, which allows the company to buy back $200,000,000 in shares, according to EventVestor. This means that the company could buy up to 7% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's leadership believes its stock is undervalued.

Who are Vornado Realty Trust's major shareholders?

Vornado Realty Trust's top institutional shareholders include Prospect Financial Services LLC (0.06%), Green Alpha Advisors LLC (0.03%), Handelsbanken Fonder AB (0.02%) and Sumitomo Mitsui DS Asset Management Company Ltd (0.02%). Insiders that own company stock include Michael D Fascitelli and Russell B Wight Jr.
View institutional ownership trends.

How do I buy shares of Vornado Realty Trust?

Shares of VNO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Vornado Realty Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Vornado Realty Trust investors own include Meta Platforms (META), NVIDIA (NVDA), Chevron (CVX), Tesla (TSLA), JPMorgan Chase & Co. (JPM), Advanced Micro Devices (AMD) and Netflix (NFLX).

Company Calendar

• Last Earnings: 8/05/2024
• Today: 10/17/2024
• Next Earnings (Estimated): 11/04/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Diversified REITs
• Current Symbol: NYSE:VNO
• CUSIP: 92904210
• CIK: 899689
• Web: www.vno.com
• Phone: (212) 894-7000
• Fax: 201-587-0600
• Employees: 2,935
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $30.43
• High Stock Price Target: $40.00
• Low Stock Price Target: $18.00
• Potential Upside/Downside: -28.0%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.91
• Research Coverage: 11 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.09
• Trailing P/E Ratio: 469.67
• Forward P/E Ratio: 19.48
• P/E Growth: N/A
• Net Income: $105.49 million
• Net Margins: 4.51%
• Pretax Margin: 1.40%
• Return on Equity: 3.21%
• Return on Assets: 0.92%

Debt

• Debt-to-Equity Ratio: 1.78
• Current Ratio: 5.21
• Quick Ratio: 5.21

Sales & Book Value

• Annual Sales: $1.81 billion
• Price / Sales: 4.45
• Cash Flow: $3.20 per share
• Price / Cash Flow: 13.22
• Book Value: $23.76 per share
• Price / Book: 1.78

Miscellaneous

• Outstanding Shares: 190,480,000
• Free Float: 174,978,000
• Market Cap: $8.05 billion
• Optionable: Optionable
• Beta: 1.65