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.


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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.

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