Vornado Realty Trust (NYSE:VNO) has a beta value of 1.45 and has seen 0.7 million shares traded in the recent trading session. The company, currently valued at $13.71B, closed the recent trade at $35.81 per share which meant it gained $2.02 on the day or 5.97% during that session. The VNO stock price is -30.22% off its 52-week high price of $46.63 and 37.39% above the 52-week low of $22.42. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.29 million shares traded. The 3-month trading volume is 1.42 million shares.
The consensus among analysts is that Vornado Realty Trust (VNO) is Hold stock at the moment, with a recommendation rating of 3.27. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 5 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.
Vornado Realty Trust (NYSE:VNO) trade information
Sporting 5.97% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the VNO stock price touched $35.81 or saw a rise of 2.56%. Year-to-date, Vornado Realty Trust shares have moved -14.83%, while the 5-day performance has seen it change 2.89%. Over the past 30 days, the shares of Vornado Realty Trust (NYSE:VNO) have changed -9.15%. Short interest in the company has seen 8.66 million shares shorted with days to cover at 5.87.
Wall Street analysts have a consensus price target for the stock at $42.5, which means that the shares’ value could jump 15.74% from the levels at last check today.. The projected low price target is $40.0 while the price target rests at a high of $45.0. In that case, then, we find that the latest price level in today’s session is -25.66% off the targeted high while a plunge would see the stock gain -11.7% from the levels at last check today..
Vornado Realty Trust (VNO) estimates and forecasts
The company’s shares have lost -17.46% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 1.96%.
3 analysts offering their estimates for the company have set an average revenue estimate of 450.64M for the current quarter. 2 have an estimated revenue figure of 460.12M for the next ending quarter. Year-ago sales stood 436.38M and 450.27M respectively for this quarter and the next, and analysts expect sales will grow by 3.27% for the current quarter and 1.96% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -69.60% over the past 5 years. Earnings growth for 2025 is a modest 260.89% while over the next 5 years, the company’s earnings are expected to increase by 159.83%.
VNO Dividends
Vornado Realty Trust is expected to release its next earnings report on 2025-Feb-09 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.74 at a share yield of 2.07%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 5.38%.
Vornado Realty Trust (NYSE:VNO)’s Major holders
Insiders own 8.32% of the company shares, while shares held by institutions stand at 96.09% with a share float percentage of 104.81%. Investors are also buoyed by the number of investors in a company, with Vornado Realty Trust having a total of 543.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 24.18 million shares worth more than $635.73 million. As of 2024-06-30, VANGUARD GROUP INC held 12.6941% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 20.86 million shares as of 2024-06-30. The firm’s total holdings are worth over $548.28 million and represent 10.9481% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are PUTNAM LARGE CAP VALUE FUND and VANGUARD SPECIALIZED FUNDS-Vanguard Real Estate Index Fund . As of Jan 31, 2025 , the former fund manager holds about 3.92% shares in the company for having 7.52 shares of worth $266.84 million while later fund manager owns 6.25 shares of worth $221.71 million as of Jan 31, 2025 , which makes it owner of about 3.26% of company’s outstanding stock.
