Vornado Realty Trust (NYSE:VNO) currently has a daily average trading volume of 1.87M but it saw 3690570 shares traded in last market. With a market cap of 6.58B USD, the company’s current market price of $34.54 came rising about 3.35 while comparing to the previous closing price of $33.42. In past 52 weeks, the stock remained buoying in the range of price level as high as $33.69 and as low as $18.36. In the recent trading on the day, stock has struck highest price mark of $33.3 while lowest mark touched by it was $34.67.
Taking a look at 20-day trading activity of Vornado Realty Trust (VNO) gives us an average price of $30.62, while its current price level is 2.52% below from 52-week high level whereas it is 88.13% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $28.33 while that of 200 days or SMA-200 reads an average of $26.61. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.06% during that period while stretching the period over a month that increases to 4.40%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 71.93 which implies that the stock is in overbought territory.
Piper Sandler upgraded its recommendation for the stock as a “Neutral” from “Underweight” on August 08, 2024 while assigning a price target range of $22-$30. BMO Capital Markets also issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $29 and $40.
Over the week, VNO’s stock price is moving 10.71% up while it is 17.96% when we observe its performance for the past one month. Year-to-date it is 22.27% up and over the past year, the stock is showing an upside performance of 64.01%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.07 beat the consensus estimate of 0 for the same. The company is expected to be releasing its next quarterly report on 2024-Nov-04, for which analysts forecasted an EPS of 0.17 while estimate for next year EPS is -0.05. In next quarter, company is expected to be making quarterly sales of $431.5M as analysts are expecting the sales for current fiscal year at $1.76B and seeing the company making $1.79B in sales next year. Moreover, analysts are in estimates of $437.7M for current-quarter revenue.
Currently, Vornado Realty Trust’s total number of outstanding shares is 190.39M with 8.16% of that held by the insiders while 91.17% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 0.12% and return on equity (ROE) at 1.41%. It has a price to earnings ratio (P/E ratio) of 387.65 while having a 10279.76 of forward P/E ratio. Stock’s beta reads 1.62. Stock has a price to book (P/B) ratio of 1.48 while price to sale or P/S ratio amounts to 3.70. Its return on asset (ROA) is 0.49% on average.
