While Vornado Realty Trust has underperformed by -5.27%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, VNO rose by 37.74%, with highs and lows ranging from $46.63 to $22.42, whereas the simple moving average fell by -3.21% in the last 200 days.
On January 07, 2025, Mizuho Upgraded Vornado Realty Trust (NYSE: VNO) to Outperform. A report published by Evercore ISI on August 20, 2024, Upgraded its rating to ‘Outperform’ for VNO. Piper Sandler also Upgraded VNO shares as ‘Neutral’, setting a target price of $30 on the company’s shares in a report dated August 08, 2024. BMO Capital Markets August 08, 2024d the rating to Outperform on August 08, 2024, and set its price target from $29 to $40. Morgan Stanley March 28, 2024d its ‘Underweight’ rating to ‘Equal-Weight’ for VNO, as published in its report on March 28, 2024. Barclays’s report from March 27, 2024 suggests a price prediction of $22 for VNO shares, giving the stock a ‘Underweight’ rating. BMO Capital Markets also rated the stock as ‘Market Perform’.
Analysis of Vornado Realty Trust (VNO)
The current dividend for VNO investors is set at $0.74 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter increase in sales is 3.60%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Vornado Realty Trust’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 1.32% is sufficient for you to turn a profit off your investment.
As an indicator of volatility for any stock, average volume can also be very valuable, and VNO is recording an average volume of 1.35M. On a monthly basis, the volatility of the stock is set at 4.12%, whereas on a weekly basis, it is put at 5.53%, with a loss of -7.33% over the past seven days. Furthermore, long-term investors anticipate a median target price of $40.00, showing growth from the present price of $35.40, which can serve as yet another indication of whether VNO is worth investing in or should be passed over.
How Do You Analyze Vornado Realty Trust Shares?
Vornado Realty Trust (VNO) is based in the USA and is one of the most prominent companies operating in the REIT – Office market. When comparing Vornado Realty Trust shares with other companies under Real Estate, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 898.48, there is a growth in quarterly earnings of 101.87%.
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 7.86%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 93.94% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
VNO shares are owned by institutional investors to the tune of 93.94% at present.