As of close of business last night, Vornado Realty Trust’s stock clocked out at $25.38, down -3.02% from its previous closing price of $26.17. On the day, 2278463 shares were traded.
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 3.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.25. In the meantime, Its Debt-to-Equity ratio is 1.64 whereas as Long-Term Debt/Eq ratio is at 1.54.
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:
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 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:
As of this moment, Vornado’s Price-to-Earnings (P/E) ratio for their current fiscal year is 114.27, and their Forward P/E ratio for the next fiscal year is 553.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.67 while its Price-to-Book (P/B) ratio in mrq is 1.12.
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 $12.31.
Shares Statistics:
A total of 190.39M shares are outstanding, with a floating share count of 166.45M. Insiders hold about 12.62% of the company’s shares, while institutions hold 85.99% stake in the company.
Earnings Estimates
As of right now, Vanguard S&P 500 ETF analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $9.63, with high estimates of $168.99 and low estimates of $123.45.
Analysts are recommending an EPS of between $Energy and $Healthcare for the fiscal current year, implying an average EPS of $Healthcare.
