Market Insights: Vornado Realty Trust (VNO)’s Notable Gain of 0.65, Closing at 31.20

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As of close of business last night, Vornado Realty Trust’s stock clocked out at $31.20, up 0.65% from its previous closing price of $31.00. In other words, the price has increased by $0.65 from its previous closing price. On the day, 1.83 million shares were traded. VNO stock price reached its highest trading level at $31.4 during the session, while it also had its lowest trading level at $30.6.

Ratios:

To gain a deeper understanding of VNO’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.89. In the meantime, Its Debt-to-Equity ratio is 1.60 whereas as Long-Term Debt/Eq ratio is at 1.60.

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, Piper Sandler on August 08, 2024, Upgraded its rating to Neutral and sets its target price to $30 from $22 previously.

On August 08, 2024, BMO Capital Markets Upgraded its rating to Outperform which previously was Market Perform and also upped its target price recommendation from $29 to $40.

Morgan Stanley Upgraded its Underweight to Equal-Weight on March 28, 2024, whereas the target price for the stock was revised from $24 to $26.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jul 11 ’24 when WIGHT RUSSELL B JR sold 2,000 shares for $28.19 per share. The transaction valued at 56,387 led to the insider holds 3,034 shares of the business.

Fascitelli Michael D sold 337,055 shares of VNO for $9,956,982 on Dec 22 ’23. The Director now owns 969,491 shares after completing the transaction at $29.54 per share. On Dec 21 ’23, another insider, Fascitelli Michael D, who serves as the Director of the company, sold 262,945 shares for $29.54 each. As a result, the insider received 7,766,475 and left with 1,306,546 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 6479179264 and an Enterprise Value of 15909207040. As of this moment, Vornado’s Price-to-Earnings (P/E) ratio for their current fiscal year is 350.17, and their Forward P/E ratio for the next fiscal year is 9285.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 20.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.34 while its Price-to-Book (P/B) ratio in mrq is 1.34. Its current Enterprise Value per Revenue stands at 8.467 whereas that against EBITDA is 19.714.

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 $18.36. The 50-Day Moving Average of the stock is 14.24%, while the 200-Day Moving Average is calculated to be 18.93%.

Shares Statistics:

It appears that VNO traded 1.84M shares on average per day over the past three months and 2926480 shares per day over the past ten days. A total of 190.39M shares are outstanding, with a floating share count of 166.16M. Insiders hold about 12.78% of the company’s shares, while institutions hold 87.59% stake in the company. Shares short for VNO as of 1722384000 were 16644190 with a Short Ratio of 9.05, compared to 1719532800 on 17413111. Therefore, it implies a Short% of Shares Outstanding of 16644190 and a Short% of Float of 12.370000000000001.

Dividends & Splits

With its trailing 12-month dividend rate of 0.3, VNO has a forward annual dividend rate of 0.30. Against a Trailing Annual Dividend Yield of 0.009677419The stock’s 5-year Average Dividend Yield is 5.82.

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