Vornado Realty Trust (VNO) concluded trading on Wednesday at a closing price of $24.98, with 3.49 million shares of worth about $87.22 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -14.36% during that period and on June 26, 2024 the price saw a loss of about -1.96%. Currently the company’s common shares owned by public are about 190.39M shares, out of which, 166.14M shares are available for trading.
Stock saw a price change of -4.58% in past 5 days and over the past one month there was a price change of 6.57%. Year-to-date (YTD), VNO shares are showing a performance of -11.58% which increased to 51.49% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $14.68 but also hit the highest price of $32.21 during that period. The average intraday trading volume for Vornado Realty Trust shares is 1.85 million. The stock is currently trading 1.29% above its 20-day simple moving average (SMA20), while that difference is down -0.46% for SMA50 and it goes to -0.92% lower than SMA200.
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Vornado Realty Trust (NYSE: VNO) currently have 190.39M outstanding shares and institutions hold larger chunk of about 86.39% of that.
The stock has a current market capitalization of $4.76B and its 3Y-monthly beta is at 1.62. PE ratio of stock for trailing 12 months is 169.01, while it has posted earnings per share of $0.15 in the same period. Its PEG reads 9.75 while making debt-to-equity ratio of 1.63. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for VNO, volatility over the week remained 2.42% while standing at 3.19% over the month.
Stock’s fiscal year EPS is expected to drop by -140.41% while it is estimated to increase by 71.78% in next year. EPS is likely to grow at an annualized rate of 17.33% for next 5-years, compared to annual growth of -35.42% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on March 28, 2024 offering an Equal-weight rating for the stock and assigned a target price range of between $24 and $26 to it. Coverage by Barclays stated Vornado Realty Trust (VNO) stock as an Underweight in their note to investors on March 27, 2024, suggesting a price target of $22 for the stock. On December 15, 2023, BMO Capital Markets Upgrade their recommendations, while on December 11, 2023, Evercore ISI Downgrade their ratings for the stock with a price target of $28. Stock get a Neutral rating from Compass Point on September 26, 2023.
