Vornado Realty Trust (NYSE: VNO) is -0.10% lower on its value in year-to-date trading and has touched a low of $22.42 and a high of $46.63 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VNO stock was last observed hovering at around $41.88 in the last trading session, with the day’s gains setting it 0.12%.
Currently trading at $42.00, the stock is 2.01% and -0.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.37 million and changing 0.29% at the moment leaves the stock 23.11% off its SMA200. VNO registered 50.59% gain for a year compared to 6-month gain of 49.36%. The firm has a 50-day simple moving average (SMA 50) of $42.213 and a 200-day simple moving average (SMA200) of $34.11715.
The stock witnessed a 1.18% loss in the last 1 month and extending the period to 3 months gives it a -2.87%, and is 2.46% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.88% over the week and 2.94% over the month.
Vornado Realty Trust (VNO) has around 2935 employees, a market worth around $8.72B and $1.77B in sales. Profit margin for the company is -3.04%. Distance from 52-week low is 87.33% and -9.93% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.38%).
The EPS is expected to shrink by -66.93% this year.
Vornado Realty Trust (VNO) Top Institutional Holders
530.0 institutions hold shares in Vornado Realty Trust (VNO), with institutional investors hold 100.72% of the company’s shares. The shares outstanding are 190.65M, and float is at 175.66M with Short Float at 8.00%. Institutions hold 92.50% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 24.18 million shares valued at $635.73 million. The investor’s holdings represent 12.6983% of the VNO Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 20.86 million shares valued at $548.28 million to account for 10.9517 of the shares outstanding. The other top investors are NORGES BANK which holds 17.34 million shares representing 9.107% and valued at over $455.93 million, while FRANKLIN RESOURCES INC holds 5.5218 of the shares totaling 10.52 million with a market value of $276.44 million.
Vornado Realty Trust (VNO) Insider Activity
The most recent transaction is an insider sale by WIGHT RUSSELL B JR, the company’s Director. SEC filings show that WIGHT RUSSELL B JR sold 2,000 shares of the company’s common stock on Dec 10 ’24 at a price of $44.86 per share for a total of $89728.0. Following the sale, the insider now owns 1034.0 shares.
Still, SEC filings show that on Jul 11 ’24, WIGHT RUSSELL B JR (Director) disposed off 2,000 shares at an average price of $28.19 for $56387.0. The insider now directly holds 3,034 shares of Vornado Realty Trust (VNO).
