Vornado Realty Trust (NYSE:VNO) currently has a daily average trading volume of 2.11M but it saw 1616982 shares traded in last market. With a market cap of 8.83B USD, the company’s current market price of $42.52 came falling about -0.63 while comparing to the previous closing price of $42.79. In past 52 weeks, the stock remained buoying in the range of price level as high as $44.05 and as low as $18.36. In the recent trading on the day, stock has struck highest price mark of $42.505 while lowest mark touched by it was $43.97.
Taking a look at 20-day trading activity of Vornado Realty Trust (VNO) gives us an average price of $41.43, while its current price level is -3.47% below from 52-week high level whereas it is 131.59% 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 $38.30 while that of 200 days or SMA-200 reads an average of $29.64. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.28% during that period while stretching the period over a month that increases to 2.56%. 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 63.74 which implies that the stock is in neutral 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 -0.82% down while it is 8.22% when we observe its performance for the past one month. Year-to-date it is 50.51% up and over the past year, the stock is showing an upside performance of 111.33%.
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 in November, for which analysts forecasted an EPS of -0.1 while estimate for next year EPS is -0.09. In next quarter, company is expected to be making quarterly sales of $447.96M as analysts are expecting the sales for current fiscal year at $1.78B and seeing the company making $1.82B in sales next year. Moreover, analysts are in estimates of $447.91M for current-quarter revenue.
Currently, Vornado Realty Trust’s total number of outstanding shares is 190.39M. 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 477.22. Stock’s beta reads 1.64. Stock has a price to book (P/B) ratio of 1.82 while price to sale or P/S ratio amounts to 4.96. Its return on asset (ROA) is 0.49% on average.
