Market Momentum: Vornado Realty Trust (VNO) Registers a -1.86 Decrease, Closing at 40.03

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Vornado Realty Trust (NYSE: VNO) closed the day trading at $40.03 down -1.86% from the previous closing price of $40.79. In other words, the price has decreased by -$1.86 from its previous closing price. On the day, 1.73 million shares were traded. VNO stock price reached its highest trading level at $41.7999 during the session, while it also had its lowest trading level at $40.03.

Ratios:

For a better understanding of VNO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.31. In the meantime, Its Debt-to-Equity ratio is 1.71 whereas as Long-Term Debt/Eq ratio is at 1.71.

On August 08, 2024, Piper Sandler Upgraded its rating to Neutral which previously was Underweight and also upped its target price recommendation from $22 to $30.

BMO Capital Markets Upgraded its Market Perform to Outperform on August 08, 2024, whereas the target price for the stock was revised from $29 to $40.

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 10 ’24 when WIGHT RUSSELL B JR sold 2,000 shares for $44.86 per share. The transaction valued at 89,728 led to the insider holds 1,034 shares of the business.

ZACHARY BACON WIGHT bought 2,000 shares of VNO for $89,728 on Dec 10 ’24. On Jul 11 ’24, another insider, WIGHT RUSSELL B JR, who serves as the Director of the company, sold 2,000 shares for $28.19 each. As a result, the insider received 56,387 and left with 3,034 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 8312789504 and an Enterprise Value of 18157428736. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.69 while its Price-to-Book (P/B) ratio in mrq is 1.86. Its current Enterprise Value per Revenue stands at 9.704 whereas that against EBITDA is 22.766.

Stock Price History:

Over the past 52 weeks, VNO has reached a high of $46.63, while it has fallen to a 52-week low of $22.42. The 50-Day Moving Average of the stock is -6.34%, while the 200-Day Moving Average is calculated to be 23.00%.

Shares Statistics:

Over the past 3-months, VNO traded about 1.55M shares per day on average, while over the past 10 days, VNO traded about 1403070 shares per day. A total of 190.65M shares are outstanding, with a floating share count of 175.66M. Insiders hold about 7.86% of the company’s shares, while institutions hold 90.21% stake in the company. Shares short for VNO as of 1732838400 were 14896150 with a Short Ratio of 9.61, compared to 1730332800 on 13285530. Therefore, it implies a Short% of Shares Outstanding of 14896150 and a Short% of Float of 11.06.

Dividends & Splits

VNO’s forward annual dividend rate is 0.74, up from 0.3 a year ago. Against a Trailing Annual Dividend Yield of 0.007354744The stock’s 5-year Average Dividend Yield is 5.6.

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