Vornado Realty Trust Stock Today

VNO Stock  USD 25.83  0.12  0.47%   

Performance

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Odds Of Distress

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Vornado Realty is selling at 25.83 as of the 19th of April 2024; that is 0.47 percent increase since the beginning of the trading day. The stock's open price was 25.71. Vornado Realty has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Vornado Realty Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2023 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
5th of January 1988
Category
Real Estate
Vornados portfolio is concentrated in the nations key market New York City along with the premier asset in both Chicago and San Francisco. The company owns and manages over 23 million square feet of LEED certified buildings and received the Energy Star Partner of the Year Award, Sustained Excellence 2019. The company has 190.48 M outstanding shares of which 18.56 M shares are at this time shorted by investors with about 8.87 days to cover. More on Vornado Realty Trust

Moving together with Vornado Stock

  0.68BRT BRT Realty Trust Financial Report 13th of May 2024 PairCorr

Vornado Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Vornado Realty's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Vornado Realty or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Vornado Realty's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Vornado Realty's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
ChairmanSteven Roth
Thematic IdeaFinTech (View all Themes)
Business ConcentrationDiversified REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, SP Midcap 400, FinTech, Real Estate, Diversified REITs, REIT—Office, Real Estate (View all Sectors)
Average Analyst Recommendation
Analysts covering Vornado Realty report their recommendations after researching Vornado Realty's financial statements, talking to executives and customers, or listening in on Vornado Realty's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Vornado Realty Trust. The Vornado consensus assessment is calculated by taking the average forecast from all of the analysts covering Vornado Realty.
Financial Strength
Based on the key measurements obtained from Vornado Realty's financial statements, Vornado Realty Trust is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Vornado Realty Trust is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.140.1119
Significantly Up
Pretty Stable
Gross Profit Margin0.620.5002
Fairly Up
Slightly volatile
Net Debt6.2 BB
Significantly Down
Very volatile
Total Current Liabilities996 MB
Fairly Down
Pretty Stable
Non Current Liabilities Total7.3 B8.8 B
Significantly Down
Very volatile
Total Assets13.6 B16.2 B
Fairly Down
Very volatile
Total Current Assets1.7 B2.1 B
Significantly Down
Slightly volatile
Total Cash From Operating Activities579.5 M648.2 M
Moderately Down
Very volatile
Vornado Realty's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Vornado Realty's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Vornado Realty's financial leverage. It provides some insight into what part of Vornado Realty's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Vornado Realty's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Vornado Realty deploys its capital and how much of that capital is borrowed.
Liquidity
Vornado Realty cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 8.98 B in debt with debt to equity (D/E) ratio of 1.28, which is OK given its current industry classification. Vornado Realty Trust has a current ratio of 4.24, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Vornado Realty until it has trouble settling it off, either with new capital or with free cash flow. So, Vornado Realty's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Vornado Realty Trust sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Vornado to invest in growth at high rates of return. When we think about Vornado Realty's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

129.2 Million
Vornado Realty Trust (VNO) is traded on New York Stock Exchange in USA. It is located in 888 Seventh Avenue, New York, NY, United States, 10019-4499 and employs 2,935 people. Vornado Realty is listed under Diversified REITs category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 5.36 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Vornado Realty's market, we take the total number of its shares issued and multiply it by Vornado Realty's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Vornado Realty Trust runs under Diversified REITs sector within Real Estate industry. The entity has 190.48 M outstanding shares of which 18.56 M shares are at this time shorted by investors with about 8.87 days to cover. Vornado Realty Trust has about 889.69 M in cash with 648.15 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.54.
Check Vornado Realty Probability Of Bankruptcy
Ownership Allocation
Vornado Realty Trust shows a total of 190.48 Million outstanding shares. The majority of Vornado Realty Trust outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Vornado Realty to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Vornado Realty Trust. Please pay attention to any change in the institutional holdings of Vornado Realty Trust as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Vornado Ownership Details

Vornado Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Vornado Realty jumping above the current price in 90 days from now is about 75.52%. The Vornado Realty Trust probability density function shows the probability of Vornado Realty stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 3.1608. This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Vornado Realty will likely underperform. Additionally, vornado Realty Trust has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 25.83HorizonTargetOdds Above 25.83
24.27%90 days
 25.83 
75.52%
Based on a normal probability distribution, the odds of Vornado Realty to move above the current price in 90 days from now is about 75.52 (This Vornado Realty Trust probability density function shows the probability of Vornado Stock to fall within a particular range of prices over 90 days) .

Vornado Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Vornado Realty that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Vornado Realty's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Vornado Realty's value.
InstituionRecorded OnShares
Charles Schwab Investment Management Inc2023-12-31
2.6 M
Earnest Partners Llc2023-12-31
2.6 M
Dimensional Fund Advisors, Inc.2023-12-31
2.4 M
Citadel Advisors Llc2023-09-30
2.4 M
Legal & General Group Plc2023-12-31
2.3 M
Amundi2023-12-31
2.1 M
First Pacific Advisors, Lp2023-12-31
1.9 M
Jpmorgan Chase & Co2023-12-31
1.7 M
Bank Of New York Mellon Corp2023-12-31
1.6 M
Vanguard Group Inc2023-12-31
24.3 M
Blackrock Inc2023-12-31
21.1 M
View Vornado Realty Diagnostics

Vornado Realty Historical Income Statement

Vornado Realty Trust Income Statement is one of the three primary financial statements used for reporting Vornado's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Vornado Realty Trust revenue and expense. Vornado Realty Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Vornado Realty's EBIT is very stable compared to the past year. As of the 19th of April 2024, EBITDA is likely to grow to about 849.1 M, while Interest Expense is likely to drop about 243 M. View More Fundamentals

Vornado Stock Against Markets

Picking the right benchmark for Vornado Realty stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Vornado Realty stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Vornado Realty is critical whether you are bullish or bearish towards Vornado Realty Trust at a given time. Please also check how Vornado Realty's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Vornado Realty without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Vornado Realty Corporate Management

Elected by the shareholders, the Vornado Realty's board of directors comprises two types of representatives: Vornado Realty inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Vornado. The board's role is to monitor Vornado Realty's management team and ensure that shareholders' interests are well served. Vornado Realty's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Vornado Realty's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael LynneIndependent TrusteeProfile
Robert KogodIndependent TrusteeProfile
Jan LaChapelleExecutive Vice President - Head of Capital MarketsProfile
Catherine CreswellDirector RelationsProfile
Candace BeineckeLead Independent TrusteeProfile

How to buy Vornado Stock?

Before investing in Vornado Realty, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Vornado Realty. To buy Vornado Realty stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Vornado Realty. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Vornado Realty stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Vornado Realty Trust stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Vornado Realty Trust stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Vornado Realty Trust, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Vornado Stock please use our How to Invest in Vornado Realty guide.

Already Invested in Vornado Realty Trust?

The danger of trading Vornado Realty Trust is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Vornado Realty is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Vornado Realty. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Vornado Realty Trust is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Vornado Realty Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vornado Realty's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vornado Realty Trust Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vornado Realty Trust Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vornado Realty Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running Vornado Realty's price analysis, check to measure Vornado Realty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vornado Realty is operating at the current time. Most of Vornado Realty's value examination focuses on studying past and present price action to predict the probability of Vornado Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vornado Realty's price. Additionally, you may evaluate how the addition of Vornado Realty to your portfolios can decrease your overall portfolio volatility.
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Is Vornado Realty's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Vornado Realty. If investors know Vornado will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Vornado Realty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
5.893
Dividend Share
0.675
Earnings Share
0.23
Revenue Per Share
9.863
Quarterly Revenue Growth
(0.02)
The market value of Vornado Realty Trust is measured differently than its book value, which is the value of Vornado that is recorded on the company's balance sheet. Investors also form their own opinion of Vornado Realty's value that differs from its market value or its book value, called intrinsic value, which is Vornado Realty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vornado Realty's market value can be influenced by many factors that don't directly affect Vornado Realty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vornado Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vornado Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vornado Realty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.