What Can We Learn From Vornado Realty Trust (VNO)’s Valuation Ratios?

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Vornado Realty Trust (NYSE:VNO) finished Wednesday with a subtraction of -$0.96 to close at $25.16, a downside of -3.68 percent. An average of 1,990,380 shares of common stock have been traded in the last five days. There was a fall of -$1.33 in the past week, and it reached a new high 11 times over the past 12 months. The last 20 days have seen an average of 2,007,070 shares traded, while the 50-day average volume stands at 2,080,520.

VNO stock has decreased by -8.44% in the last month. The company shares reached their 1-month lowest point of $25.16 on 09/21/22. With the stock rallying to its 52-week high on 03/11/22, shares of the company touched a low of $25.27 and a high of $47.26 in 52 weeks. It has reached a new high 8 times so far this year and lost -39.89% or -$16.70 in price. In spite of this, the price is down -46.76% from the 52-week high.


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Insider Transactions

162 days have passed since Vornado Realty Trust (VNO) last reported insider trading activity. Fascitelli Michael D, who is Director, most recently acquired $119,100 shares at $41.97 per share on Apr 13.

Valuation Metrics

Vornado Realty Trust (VNO) has a trailing price-to-earnings (P/E) ratio of 38.41. The stock’s beta is 1.26. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.75, the price-to-book (PB) ratio at 0.93, and the price-to-cash flow ratio at 11.88.

The company has a payout ratio of 323.00%. The company’s most recent quarterly dividend payment was $0.53 a share, without any change from last year. Its latest decrease dividend $0.13 reported on Thursday July 30 2020.

Financial Health

Further, the company has a long term debt to equity ratio of 1.61 and a total debt to equity ratio of 1.61 for the quarter ending March 30. Its gross profit as reported stood at $221.34 million compared to revenue of $1.59 billion.

Earnings Surprise

For the three-month period that ended March 30, Vornado Realty Trust had $494.05 million in cash and short-term investments compared to $5.83 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $50.42 million in the quarter, while revenues of $26.48 million were grew 514.78%. The analyst consensus anticipated Vornado Realty Trust’s latest quarter earnings to come in at $0.08 per share, but it turned out to be $0.16, a 100.00% surprise. For the quarter, EBITDA amounted to $208.03 million. At the end of the quarter ending March 30, Vornado Realty Trust’s stock balance sheet showed total debt was $9.4 billion. Shareholders own equity worth $191.78 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Vornado Realty Trust (VNO) price momentum. RSI 9-day as of the close on 21 September was 30.78%, suggesting the stock is Neutral, with historical volatility in this time frame at 35.81%.

As of today, VNO’s price is $26.22 -5.02% or -$1.33 from its 5-day moving average. VNO is currently trading -10.05% lower than its 20-day SMA and -37.82% lower than its 100-day SMA. However, the stock’s current price level is -14.63% below the SMA50 and -38.50% below the SMA200.

The stochastic %K and %D were 39.63% and 40.21%, respectively, and the average true range (ATR) was 0.88. With the 14-day stochastic at 0.00% and the average true range at 0.87, the RSI (14) stands at 34.81%. The stock has reached -0.69 on the 9-day MACD Oscillator while the 14-day reading was at -0.62.

Analyst Ratings

BMO Capital Markets downgraded Vornado Realty Trust (NYSE: VNO) to a a Market perform rating in its most recent analyst report. Previously, the stock was rated as an Outperform. The consensus rating for Vornado Realty Trust (VNO) among analysts is Hold. According to current brokerage recommendations, 3 brokerage firms advise that investors sell VNO, while 7 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 2 others rate it as a “buy”.

What is VNO’s price target for the next 12 months?

Analysts predict a range of price targets between $20.00 and $35.00, with a median target of $33.00. Taking a look at these predictions, the average price target given by analysts for Vornado Realty Trust (VNO) stock is $30.45.

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