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Vornado Realty (VNO)
NYSE:VNO
Vornado Realty (VNO) Stock Price & Analysis
490 Followers
VNO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$18.17 - $32.21
Previous Close$29.45
Volume1.31M
Average Volume (3M)1.70M
Market Cap
$5.99B
Enterprise Value$14.78B
Total Cash (Recent Filing)$997.00M
Total Debt (Recent Filing)$8.98B
Price to Earnings (P/E)199.3
Beta1.79
Next Earnings
Aug 05, 2024EPS Estimate
-$0.05Last Dividend Ex-Date
Dec 14, 2023Dividend Yield2.34%
Share Statistics
EPS (TTM)0.15
Shares Outstanding190,483,416
10 Day Avg. Volume1,840,164
30 Day Avg. Volume1,698,630
Standard Deviation0.13
R-Squared0.44
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)1.17
Price to Sales (P/S)11.12
Price to Cash Flow (P/CF)5.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.41
Enterprise Value/Gross Profit16.31
Enterprise Value/Ebitda35.37
Forecast
1Y Price Target
$24.00Price Target Upside-18.51% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering8
Vornado Realty News
Bulls Say, Bears Say
Bulls Say
Leasing ActivityAlexander's/VNO locked in Bloomberg's 947 ksf lease at 731 Lexington Ave for an additional 11 years to 2040.
Office Market PositionVNO is in an enviable position to benefit from a strengthening office market, with newly redeveloped, transit-oriented product (PENN District) and existing relationships with four major tech companies with growing presence in NYC.
Retail Portfolio MonetizationVNO highlighted its ability to monetize part of its retail portfolio located on Fifth Ave following blockbuster recent deals with luxury retailers Prada and Kering.
Bears Say
DebtThe expectation that debt covenants could tighten further over the coming quarters.
EarningsVornado's earnings will be impacted by higher interest expenses and lower occupancy, but most of these risks are priced in.
Portfolio QualityVNO’s portfolio does not screen as well relative to other office REITs in coverage due to its elevated exposure to older buildings.
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Ownership Overview
8.74% Insiders
28.27% Mutual Funds
23.86% Other Institutional Investors
39.12% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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VNO FAQ
What was Vornado Realty’s price range in the past 12 months?
Vornado Realty lowest stock price was $18.17 and its highest was $32.21 in the past 12 months.
What is Vornado Realty’s market cap?
Currently, no data Available
When is Vornado Realty’s upcoming earnings report date?
Vornado Realty’s upcoming earnings report date is Aug 05, 2024 which is in 14 days.
How were Vornado Realty’s earnings last quarter?
Vornado Realty released its earnings results on May 06, 2024. The company reported -$0.05 earnings per share for the quarter, missing the consensus estimate of -$0.018 by -$0.032.
Is Vornado Realty overvalued?
According to Wall Street analysts Vornado Realty’s price is currently Overvalued.
Does Vornado Realty pay dividends?
Vornado Realty pays a Quarterly dividend of $0.3 which represents an annual dividend yield of 2.34%. See more information on Vornado Realty dividends here
What is Vornado Realty’s EPS estimate?
Vornado Realty’s EPS estimate is -$0.05.
How many shares outstanding does Vornado Realty have?
Vornado Realty has 190,483,410 shares outstanding.
What happened to Vornado Realty’s price movement after its last earnings report?
Vornado Realty reported an EPS of -$0.05 in its last earnings report, missing expectations of -$0.018. Following the earnings report the stock price went down -9.087%.
Which hedge fund is a major shareholder of Vornado Realty?
Among the largest hedge funds holding Vornado Realty’s share is First Pacific Advisors LLC. It holds Vornado Realty’s shares valued at 56M.
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Vornado Realty Stock Smart Score
Unlock Smart Score
1
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8
9
10
Analyst Consensus
Moderate Sell
Average Price Target:
$24.00 (-18.51% Downside)
$24.00 (-18.51% Downside)
Blogger Sentiment
Bearish
VNO Sentiment 67%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 187.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $56.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.7%
Last 30 Days ▲ 6.2%
Last 30 Days ▲ 6.2%
Technicals
SMA
Positive
20 days / 200 days
Momentum
55.65%
12-Months-Change
Fundamentals
Return on Equity
1.63%
Trailing 12-Months
Asset Growth
-0.40%
Trailing 12-Months
Company Description
Vornado Realty
Vornado Realty Trust is a real estate investment trust. The company owns office, retail, merchandise mart properties and other real estate and related investments. Its office properties include various building office complexes and Bank of America Center in San Francisco. The company's retail properties include shopping centers, regional malls single tenant retail assets. Its other real estate and related investments include marketable securities and mezzanine loans or real estate. The company was founded by Steve Roth in 1980 and is headquartered in New York, NY.
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VNO Earnings Call
Q1 2024
0:00 / 0:00
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VNO Stock 12 Month Forecast
Average Price Target
$24.00
▼(-18.51% Downside)
Technical Analysis
Boston Properties
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SL Green Realty
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Hudson Pacific Properties
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Alexandria Equities
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Best Analysts Covering VNO
1 Year
1 Year Success Rate
9/22 ratings generated profit
1 Year Average Return
-7.32%
reiterated a sell rating 2 months ago
Copying Alexander Goldfarb's trades and holding each position for 1 Year would result in 40.91% of your transactions generating a profit, with an average return of -7.32% per trade.
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