Vornado Realty Trust [NYSE: VNO] traded at a low on Thursday, posting a -0.15 loss after which it closed the day’ session at $33.63.
The results of the trading session contributed to over 2442581 shares changing hands. Over the past one week, the price volatility of Vornado Realty Trust stands at 2.51% while the volatility over the past one month is 3.02%.
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The market cap for VNO stock reached $6.41 billion, with 190.39 million shares outstanding and 166.16 million shares in the current float. Compared to the average trading volume of 2.04M shares, VNO reached a trading volume of 2442581 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Vornado Realty Trust [VNO]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VNO shares is $30.46 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VNO stock is a recommendation set at 3.36. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Evercore ISI have made an estimate for Vornado Realty Trust shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on August 20, 2024. While these analysts kept the previous recommendation, Piper Sandler raised their target price from $22 to $30. The new note on the price target was released on August 08, 2024, representing the official price target for Vornado Realty Trust stock. Previously, the target price had yet another raise from $29 to $40, while BMO Capital Markets kept a Outperform rating on VNO stock. On March 28, 2024, analysts increased their price target for VNO shares from 24 to 26.
The Average True Range (ATR) for Vornado Realty Trust is set at 1.07, with the Price to Sales ratio for VNO stock in the period of the last 12 months amounting to 3.60. The Price to Book ratio for the last quarter was 1.44, with the Price to Cash per share for the same quarter was set at 5.86. Price to Free Cash Flow for VNO in the course of the last twelve months was 12.81.
How has VNO stock performed recently?
Vornado Realty Trust [VNO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.18. With this latest performance, VNO shares gained by 9.47% in over the last four-week period, additionally plugging by 27.63% over the last 6 months – not to mention a rise of 38.97% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VNO stock in for the last two-week period is set at 60.18, with the RSI for the last a single of trading hit 56.92, and the three-weeks RSI is set at 61.02 for Vornado Realty Trust [VNO]. The present Moving Average for the last 50 days of trading for this stock 30.06, while it was recorded at 33.84 for the last single week of trading, and 27.22 for the last 200 days.
Earnings analysis for Vornado Realty Trust [VNO]
With the latest financial reports released by the company, Vornado Realty Trust posted 0.07/share EPS, while the average EPS was predicted by analysts to be reported at 0/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.07. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for VNO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Vornado Realty Trust go to 17.33%.
Insider trade positions for Vornado Realty Trust [VNO]
There are presently around $91.06%, or 99.15%% of VNO stock, in the hands of institutional investors. The top three institutional holders of VNO stocks are: VANGUARD GROUP INC with ownership of 24.18 million shares, which is approximately 12.6983%. BLACKROCK INC., holding 20.86 million shares of the stock with an approximate value of $$548.28 million in VNO stocks shares; and BLACKROCK INC., currently with $$455.93 million in VNO stock with ownership which is approximately 9.107%.
