A new trading day began on Friday, with Vornado Realty Trust (NYSE: VNO) stock price down -4.09% from the previous day of trading, before settling in for the closing price of $28.59. VNO’s price has ranged from $12.31 to $32.21 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Real Estate sector saw sales slided by -2.75%. Meanwhile, its annual earnings per share averaged -89.79%. With a float of $166.45 million, this company’s outstanding shares have now reached $190.39 million.
The extent of productivity of a business whose workforce counts for 2935 workers is very important to gauge.
Vornado Realty Trust (VNO) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Office Industry. The insider ownership of Vornado Realty Trust is 12.62%, while institutional ownership is 85.99%. The most recent insider transaction that took place on Dec 22 ’23, was worth 9,956,982. In this transaction Director of this company sold 337,055 shares at a rate of $29.54, taking the stock ownership to the 969,491 shares. Before that another transaction happened on Dec 21 ’23, when Company’s Director sold 262,945 for $29.54, making the entire transaction worth $7,766,475. This insider now owns 1,306,546 shares in total.
Vornado Realty Trust (VNO) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 124.51 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -89.79% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.33% during the next five years compared to -35.42% drop over the previous five years of trading.
Vornado Realty Trust (NYSE: VNO) Trading Performance Indicators
Here are Vornado Realty Trust’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.88. Likewise, its price to free cash flow for the trailing twelve months is 7.83.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.22, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach 0.05 in one year’s time.
Technical Analysis of Vornado Realty Trust (VNO)
The latest stats from [Vornado Realty Trust, VNO] show that its last 5-days average volume of 2.49 million was superior to 2.31 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 33.02%. Additionally, its Average True Range was 1.28.
During the past 100 days, Vornado Realty Trust’s (VNO) raw stochastic average was set at 56.65%, which indicates a significant increase from 28.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.95% in the past 14 days, which was higher than the 52.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.52, while its 200-day Moving Average is $24.25. Now, the first resistance to watch is $28.36. This is followed by the second major resistance level at $29.29. The third major resistance level sits at $29.88. If the price goes on to break the first support level at $26.84, it is likely to go to the next support level at $26.25. The third support level lies at $25.32 if the price breaches the second support level.
Vornado Realty Trust (NYSE: VNO) Key Stats
With a market capitalization of 5.22 billion, the company has a total of 190,482K Shares Outstanding. Currently, annual sales are 1,811 M while annual income is 105,490 K. The company’s previous quarter sales were 441,890 K while its latest quarter income was -45,480 K.
