Technicals Say Vornado Realty Trust (VNO) Is Worth Holding

As of Wednesday close, Vornado Realty Trust’s (NYSE:VNO) stock was down -$0.17, moving down -0.60 percent to $28.10. The average number of shares traded per day over the past five days has been 2,628,780 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.86 fall in that time frame. In the last twenty days, the average volume was 1,739,185, while in the previous 50 days, it was 1,638,236.

Since last month, VNO stock retreated -16.14%. Shares of the company fell to $27.64 on 06/16/22, the lowest level in the past month. A 52-week high of $48.44 was reached on 03/11/22 after having rallying from a 52-week low of $27.64. Since the beginning of this year, VNO’s stock price has dropped by -32.87% or -$13.76, and marked a new high 8 times. However, the stock has declined by -41.99% since its 52-week high.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.


Vornado Realty Trust (VNO) last reported insider trading activity 71 days ago on Apr 13. Fascitelli Michael D, the Director of the company, disposed of 119,100 shares for $41.97 on Apr 13. It resulted in a $4,998,913 divestment by the insider.

Valuation Metrics

Right now, Vornado Realty Trust (VNO) has a P/E ratio of about 43.77. The stock’s beta is 1.27. Besides these, the trailing price-to-sales (P/S) ratio of 3.20, the price-to-book (PB) ratio of 1.08, and the price-to-cash flow ratio of 17.84 may also be considered.

The latest dividend of $0.53 per share was paid out, remained unchanged from last year’s $0.53. On Thursday July 30 2020, a $0.13 dividend decrease was announced.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 1.72, and the total debt-to-equity ratio was 1.72. On the profitability front, the trailing twelve-month gross margin is 50.20% percent. In the year ended March 30, operating margins totaled 14.80%. Based on annual data, VNO earned $221.34 million in gross profit and brought in $1.59 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 1.70%. Return on equity (ROE) for the past 12 months was 2.40%.

In Vornado Realty Trust’s quarter-end financial report for March 30, it reported total debt of $6.05 billion against cash and short-term investments of $645.36 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. VNO’s revenue rose 17.68% to $378.94 million during the quarter, while net income inched up to $442.13 million. While analysts expected Vornado Realty Trust to report $0.08 quarterly earnings, the actual figure was $0.16 per share. During the quarter, the company generated $189.24 million in EBITDA. The value of shareholders’ equity is $191.74 million.

Technical Picture

This quick technical analysis looks at Vornado Realty Trust’s (VNO) price momentum. With a historical volatility rate of 43.52%, the RSI 9-day stood at 24.19% on 22 June.

With respect to its five-day moving average, the current Vornado Realty Trust price is down by -2.97% percent or -$0.86. At present, VNO shares trade -17.26% below its 20-day simple moving average and -28.79% percent below its 100-day simple moving average. However, the stock is currently trading approximately -32.21% below its SMA50 and -32.87% below its SMA200.

Stochastic coefficient K was 8.66% and Stochastic coefficient D was 8.78%, while ATR was 1.16. Given the Stochastic reading of 7.11% for the 14-day period, the RSI (14) reading has been calculated as 25.97%. As of today, the MACD Oscillator reading stands at -0.96, while the 14-day reading stands at -2.44.

Analyst Ratings

Vornado Realty Trust downgraded its rating on Vornado Realty Trust (NYSE: VNO) to a Market perform in a note to investors on May 31, 2022. The analysts firm previously had an Outperform rating on the stock.Vornado Realty Trust (VNO) has been rated Hold by analysts. According to 4 brokerage firms, VNO is a sell, and 7 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 1 analyst rate Vornado Realty Trust stock as buy, with 1 recommending it as overweight.

With a median target price of $40.00, the current consensus forecast for the stock is $30.00 – $44.00. Based on these forecasts, analysts predict Vornado Realty Trust (VNO) will achieve an average price target of $38.42.


Please enter your comment!
Please enter your name here

Hot Topics

Related Articles




Download Free eBook For

The 5 Best Growth Stocks 2022

100% free. stop anytime no spam