The stock of Vornado Realty Trust (VNO) has gone down by -0.53% for the week, with a -3.38% drop in the past month and a 19.50% rise in the past quarter. The volatility ratio for the week is 3.09%, and the volatility levels for the past 30 days are 3.33% for VNO. The simple moving average for the past 20 days is -2.48% for VNO’s stock, with a 34.22% simple moving average for the past 200 days.
Is It Worth Investing in Vornado Realty Trust (NYSE: VNO) Right Now?
The 36-month beta value for VNO is at 1.62. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 3 rating it as “overweight,” 7 as “hold,” and 1 as “sell.”
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The public float for VNO is 175.65M, and currently, shorts hold a 7.56% of that float. The average trading volume for VNO on November 22, 2024 was 1.89M shares.
VNO) stock’s latest price update
Vornado Realty Trust (NYSE: VNO)’s stock price has gone rise by 1.07 in comparison to its previous close of 40.98, however, the company has experienced a -0.53% decrease in its stock price over the last five trading days. seekingalpha.com reported 2024-11-13 that Manhattan is experiencing a generational wave of office-to-residential conversions that are taking the supply of office space off the market. Vornado Series O Preferreds are trading at just under 66 cents on the dollar. Leasing is strong, with VNO expecting its portfolio occupancy rate to rise on the back of recent leases.
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 1.15% 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 -11.17% of loss for the given period.
Volatility was left at 3.33%, however, over the last 30 days, the volatility rate increased by 3.09%, as shares sank -5.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.28% upper at present.
During the last 5 trading sessions, VNO fell by -0.53%, which changed the moving average for the period of 200-days by +63.14% in comparison to the 20-day moving average, which settled at $42.47. In addition, Vornado Realty Trust saw 46.62% 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:
- 0.39 for the present operating margin
- 0.36 for the gross margin
The net margin for Vornado Realty Trust stands at 0.0. The total capital return value is set at 0.05. Equity return is now at value 0.15, with 0.05 for asset returns.
Based on Vornado Realty Trust (VNO), the company’s capital structure generated 0.63 points at debt to capital in total, while cash flow to debt ratio is standing at 0.02. The debt to equity ratio resting at 1.67. The interest coverage ratio of the stock is 1.95.
Currently, EBITDA for the company is 845.61 million with net debt to EBITDA at 12.95. When we switch over and look at the enterprise to sales, we see a ratio of 9.09. The receivables turnover for the company is 2.3for trailing twelve months and the total asset turnover is 0.11.
Conclusion
In conclusion, Vornado Realty Trust (VNO) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
