A Look at Vornado Realty Trust (VNO) Shares in the Recent Past Indicates Growth

With 1.2 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.73 million shares. During the session, the REIT – Office company that operates in wider Real Estate sector, reached to the highest price of $44.75 whereas the lowest price it dropped to was $43.04. The 52-week range on VNO shows that it touched its highest point at $46.63 and its lowest point at $21.16 during that stretch. It currently has a 1-year price target of $36.75. With its current market cap of 8.90 billion, VNO has annualized dividend of $0.30 while the current yield stands at 0.69%. Beta for the stock currently stands at 1.63.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of VNO was up-trending over the past week, with a rise of 5.98%, but this was up by 1.50% over a month. Three-month performance surged to 27.85% while six-month performance rose 82.17%. The stock gained 86.80% in the past year, while it has gained 53.73% so far this year. A look at the trailing 12-month EPS for VNO yields -0.29 with Next year EPS estimates of -0.09. For the next quarter, that number is -0.02. This implies an EPS growth rate of -60.33% for this year and -187.67% for next year. EPS is expected to decline by -0.13% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -35.42%.

Float and Shares Shorts:

At present, 190.39 million VNO shares are outstanding with a float of 175.65 million shares on hand for trading. On 2024-11-15, short shares totaled 15.04 million, which was 789.0 higher than short shares on 1728950400. In addition to Mr. Steven Roth as the firm’s Chairman of the Board & CEO, Mr. Michael J. Franco serves as its President & CFO.

Institutional Ownership:

Through their ownership of 0.92235 of VNO’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, VNO reported revenue of $443255000.0 and operating income of $55589000.0. The EBITDA in the recently reported quarter was $201345000.0 and diluted EPS was -$0.1.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VNO since 5 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With VNO analysts setting a high price target of 49.0 and a low target of 23.75, the average target price over the next 12 months is 36.16071. Based on these targets, VNO could surge 12.83% to reach the target high and fall by -45.31% to reach the target low. Reaching the average price target will result in a decline of -16.74% from current levels.

Analysts have provided yearly estimates in a range of $0.11009 being high and $0.10413 being low. For VNO, this leads to a yearly average estimate of $0.10711. The surprise factor in the prior quarter was -$0.1. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.