Vornado Realty Trust (NYSE: VNO) is -12.42% 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 $35.40 in the last trading session, with the day’s gains setting it 1.42%.
Currently trading at $36.82, the stock is -6.44% and -9.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.55 million and changing 4.01% at the moment leaves the stock 0.48% off its SMA200. VNO registered 42.38% gain for a year compared to 6-month gain of 7.88%. The firm has a 50-day simple moving average (SMA 50) of $40.708 and a 200-day simple moving average (SMA200) of $36.64265.
The stock witnessed a -12.60% loss in the last 1 month and extending the period to 3 months gives it a -17.92%, and is -7.37% down 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 5.22% over the week and 4.15% over the month.
Vornado Realty Trust (VNO) has around 2996 employees, a market worth around $14.05B and $1.79B in sales. Current P/E ratio is 934.52 and Fwd P/E is 134.99. Profit margin for the company is 0.46%. Distance from 52-week low is 64.23% and -21.04% from its 52-week high. The company has generated returns on investments over the last 12 months (0.07%).
with sales reaching $452.68M over the same period.The EPS is expected to grow by 219.50% this year, but quarterly earnings will post 2.19% year-over-year. Quarterly sales are estimated to grow 3.74% in year-over-year returns.
Vornado Realty Trust (VNO) Top Institutional Holders
541.0 institutions hold shares in Vornado Realty Trust (VNO), with institutional investors hold 104.88% of the company’s shares. The shares outstanding are 190.85M, and float is at 175.86M with Short Float at 6.28%. Institutions hold 96.32% 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 5.52 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).
