Vornado Realty Trust (NYSE: VNO) has a higher price-to-earnings ratio of 441.98x compared to its average ratio. VNO has 36-month beta value of 1.63. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 3 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for VNO is 166.16M, and currently, short sellers hold a 9.15% ratio of that float. The average trading volume of VNO on September 25, 2024 was 2.14M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
VNO) stock’s latest price update
Vornado Realty Trust (NYSE: VNO)’s stock price has gone rise by 0.66 in comparison to its previous close of 39.12, however, the company has experienced a 4.73% increase in its stock price over the last five trading days. seekingalpha.com reported 2024-09-21 that As a dividend growth investor focused on income, I recommend raising cash and selling lower-quality stocks due to potential recession risks. Historical data shows that rate cuts often precede recessions, making it prudent to increase cash positions and reduce exposure to vulnerable stocks. Despite some reasonable buying opportunities, I prefer holding cash in ETFs like SGOV for liquidity and safety during uncertain economic times.
VNO’s Market Performance
Vornado Realty Trust (VNO) has experienced a 4.73% rise in stock performance for the past week, with a 13.62% rise in the past month, and a 54.55% rise in the past quarter. The volatility ratio for the week is 2.98%, and the volatility levels for the past 30 days are at 2.84% for VNO. The simple moving average for the past 20 days is 11.03% for VNO’s stock, with a 40.69% simple moving average for the past 200 days.
Analysts’ Opinion of VNO
Piper Sandler, on the other hand, stated in their research note that they expect to see VNO reach a price target of $30, previously predicting the price at $22. The rating they have provided for VNO stocks is “Neutral” according to the report published on August 08th, 2024.
BMO Capital Markets gave a rating of “Outperform” to VNO, setting the target price at $40 in the report published on August 08th of the current year.
VNO Trading at 21.31% from the 50-Day Moving Average
After a stumble in the market that brought VNO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.33% of loss for the given period.
Volatility was left at 2.84%, however, over the last 30 days, the volatility rate increased by 2.98%, as shares surge +14.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +33.72% upper at present.
During the last 5 trading sessions, VNO rose by +4.73%, which changed the moving average for the period of 200-days by +44.89% in comparison to the 20-day moving average, which settled at $35.72. In addition, Vornado Realty Trust saw 39.40% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VNO starting from WIGHT RUSSELL B JR, who sale 2,000 shares at the price of $28.19 back on Jul 11 ’24. After this action, WIGHT RUSSELL B JR now owns 3,034 shares of Vornado Realty Trust, valued at $56,387 using the latest closing price.
Fascitelli Michael D, the Director of Vornado Realty Trust, sale 337,055 shares at $29.54 during a trade that took place back on Dec 22 ’23, which means that Fascitelli Michael D is holding 969,491 shares at $9,956,982 based on the most recent closing price.
Stock Fundamentals for VNO
Current profitability levels for the company are sitting at:
- 0.51 for the present operating margin
- 0.43 for the gross margin
The net margin for Vornado Realty Trust stands at 0.04. The total capital return value is set at 0.06. Equity return is now at value 1.41, with 0.49 for asset returns.
Based on Vornado Realty Trust (VNO), the company’s capital structure generated 0.61 points at debt to capital in total, while cash flow to debt ratio is standing at 0.06. The debt to equity ratio resting at 1.57. The interest coverage ratio of the stock is 2.65.
Currently, EBITDA for the company is 823.51 million with net debt to EBITDA at 10.64. When we switch over and look at the enterprise to sales, we see a ratio of 8.65. The receivables turnover for the company is 2.29for trailing twelve months and the total asset turnover is 0.11.
Conclusion
To put it simply, Vornado Realty Trust (VNO) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
