Closing Strong: Vornado Realty Trust (VNO) Ends at 24.10, Down -0.45 from Last Close

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After finishing at $24.21 in the prior trading day, Vornado Realty Trust (NYSE: VNO) closed at $24.10, down -0.45%. In other words, the price has decreased by -$0.45 from its previous closing price. On the day, 1.27 million shares were traded. VNO stock price reached its highest trading level at $24.44 during the session, while it also had its lowest trading level at $23.88.

Ratios:

Our goal is to gain a better understanding of VNO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.71. In the meantime, Its Debt-to-Equity ratio is 1.63 whereas as Long-Term Debt/Eq ratio is at 1.63.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on March 28, 2024, Upgraded its rating to Equal-Weight and sets its target price to $26 from $24 previously.

On March 27, 2024, Barclays started tracking the stock assigning a Underweight rating and target price of $22.

BMO Capital Markets Upgraded its Underperform to Market Perform on December 15, 2023, whereas the target price for the stock was revised from $25 to $31.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 22 ’23 when Fascitelli Michael D sold 337,055 shares for $29.54 per share. The transaction valued at 9,956,982 led to the insider holds 969,491 shares of the business.

Fascitelli Michael D sold 262,945 shares of VNO for $7,766,475 on Dec 21 ’23. The Director now owns 1,306,546 shares after completing the transaction at $29.54 per share. On Dec 14 ’23, another insider, WIGHT RUSSELL B JR, who serves as the Director of the company, sold 7,000 shares for $30.96 each. As a result, the insider received 216,686 and left with 2,300,579 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VNO now has a Market Capitalization of 5003160064 and an Enterprise Value of 14591604736. As of this moment, Vornado’s Price-to-Earnings (P/E) ratio for their current fiscal year is 163.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.55 while its Price-to-Book (P/B) ratio in mrq is 1.05. Its current Enterprise Value per Revenue stands at 7.786 whereas that against EBITDA is 18.068.

Stock Price History:

Over the past 52 weeks, VNO has reached a high of $32.21, while it has fallen to a 52-week low of $13.89. The 50-Day Moving Average of the stock is -7.15%, while the 200-Day Moving Average is calculated to be -3.83%.

Shares Statistics:

The stock has traded on average 1.91M shares per day over the past 3-months and 1423990 shares per day over the last 10 days, according to various share statistics. A total of 190.39M shares are outstanding, with a floating share count of 166.46M. Insiders hold about 12.61% of the company’s shares, while institutions hold 86.49% stake in the company. Shares short for VNO as of 1715731200 were 18309392 with a Short Ratio of 9.59, compared to 1713139200 on 17237524. Therefore, it implies a Short% of Shares Outstanding of 18309392 and a Short% of Float of 13.61.

Dividends & Splits

In the trailing 12 months, VNO’s forward annual dividend rate was 0.3, compared to 0.30 this year. Against a Trailing Annual Dividend Yield of 0.012391575The stock’s 5-year Average Dividend Yield is 5.92.

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