Vornado Realty Trust (NYSE:VNO) Given Consensus Recommendation of “Hold” by Analysts

Shares of Vornado Realty Trust (NYSE:VNO) have been given an average rating of “Hold” by the thirteen ratings firms that are covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating on the company. The average 1 year target price among brokers that have covered the stock in the last year is $39.8182.

VNO has been the subject of several recent analyst reports. Morgan Stanley lowered Vornado Realty Trust from an “equal weight” rating to an “underweight” rating and set a $32.00 price objective for the company. in a report on Wednesday, July 22nd. JPMorgan Chase & Co. raised their target price on shares of Vornado Realty Trust from $33.00 to $37.00 and gave the company a “neutral” rating in a research note on Thursday, May 28th. Barclays lifted their target price on shares of Vornado Realty Trust from $29.00 to $34.00 and gave the company an “underweight” rating in a research report on Tuesday, July 21st. LADENBURG THALM/SH SH boosted their price target on shares of Vornado Realty Trust from $40.00 to $45.00 and gave the stock a “buy” rating in a research note on Wednesday, June 10th. Finally, Scotiabank increased their price target on shares of Vornado Realty Trust from $38.00 to $40.00 and gave the stock a “sector perform” rating in a report on Tuesday, July 21st.

Vornado Realty Trust Trading Down 0.1%

Shares of VNO stock opened at $38.18 on Wednesday. The company has a debt-to-equity ratio of 1.56, a quick ratio of 5.24 and a current ratio of 5.24. Vornado Realty Trust has a 52-week low of $24.57 and a 52-week high of $43.37. The company has a market capitalization of $7.13 billion, a PE ratio of 1,909.95, a price-to-earnings-growth ratio of 1.76 and a beta of 1.53. The business’s fifty day moving average is $39.20 and its 200 day moving average is $33.24.

Vornado Realty Trust (NYSE:VNO) last posted its quarterly earnings data on Monday, August 3rd. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.49). The business had revenue of $462.24 million for the quarter, compared to the consensus estimate of $454.46 million. Vornado Realty Trust had a net margin of 3.71% and a return on equity of 1.37%. Vornado Realty Trust’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.56 EPS. On average, equities research analysts anticipate that Vornado Realty Trust will post 2.35 EPS for the current fiscal year.

Insider Buying and Selling at Vornado Realty Trust

In related news, Director Michael D. Fascitelli sold 133,350 shares of the company’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $36.62, for a total value of $4,883,277.00. Following the completion of the transaction, the director directly owned 475,161 shares in the company, valued at approximately $17,400,395.82. The trade was a 21.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Russell B. Wight, Jr. bought 4,000 shares of Vornado Realty Trust stock in a transaction that occurred on Monday, June 8th. The stock was purchased at an average cost of $16.94 per share, for a total transaction of $67,760.00. Following the purchase, the director owned 13,000 shares of the company’s stock, valued at $220,220. The trade was a 44.44% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 9.00% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Vornado Realty Trust

Institutional investors have recently modified their holdings of the company. Farther Finance Advisors LLC boosted its holdings in Vornado Realty Trust by 4.8% during the 4th quarter. Farther Finance Advisors LLC now owns 7,706 shares of the real estate investment trust’s stock valued at $256,000 after acquiring an additional 351 shares during the period. Thrivent Financial for Lutherans increased its stake in Vornado Realty Trust by 1.0% in the 2nd quarter. Thrivent Financial for Lutherans now owns 39,320 shares of the real estate investment trust’s stock worth $1,504,000 after purchasing an additional 391 shares during the period. Brown Brothers Harriman & Co. increased its stake in Vornado Realty Trust by 15.5% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 2,976 shares of the real estate investment trust’s stock worth $121,000 after purchasing an additional 400 shares during the period. State of Michigan Retirement System increased its stake in Vornado Realty Trust by 1.0% in the 1st quarter. State of Michigan Retirement System now owns 38,500 shares of the real estate investment trust’s stock worth $1,001,000 after purchasing an additional 400 shares during the period. Finally, First National Bank Sioux Falls lifted its position in Vornado Realty Trust by 3.2% in the fourth quarter. First National Bank Sioux Falls now owns 16,210 shares of the real estate investment trust’s stock valued at $539,000 after purchasing an additional 500 shares during the last quarter. 90.02% of the stock is currently owned by institutional investors.

Vornado Realty Trust Company Profile

Vornado Realty Trust is a self‐administered real estate investment trust focused on the ownership, management and redevelopment of office and retail properties. As a fully integrated REIT, the company oversees leasing, property management, building operations and strategic capital improvements designed to enhance asset value and tenant experience. Vornado’s business model emphasizes long‐term cash flow generation through stable rental income and disciplined portfolio optimization.

The company’s core portfolio is concentrated in New York City, where it holds a diverse mix of office towers and street‐level retail assets in prominent submarkets such as Midtown and the Penn Plaza corridor.