29.27% percent quarterly performance for Vornado Realty Trust (VNO) is not indicative of the underlying story

On Tuesday, Vornado Realty Trust (NYSE: VNO) opened higher 2.14% from the last session, before settling in for the closing price of $43.07. Price fluctuations for VNO have ranged from $21.16 to $46.63 over the past 52 weeks.

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During the last 5-year period, the sales drop of Real Estate Sector giant was -2.75%. Company’s average yearly earnings per share was noted -60.33% at the time writing. With a float of $175.65 million, this company’s outstanding shares have now reached $190.39 million.

Let’s determine the extent of company efficiency that accounts for 2935 employees. In terms of profitability, gross margin is 35.8%, operating margin of 50.57%, and the pretax margin is -3.44%.

Vornado Realty Trust (VNO) Insider Activity

A key investor’s attitude towards the stock of the REIT – Office industry is another important factor to consider. The insider ownership of Vornado Realty Trust is 7.87%, while institutional ownership is 90.00%. The most recent insider transaction that took place on Jul 11 ’24, was worth 56,387. In this transaction Director of this company sold 2,000 shares at a rate of $28.19, taking the stock ownership to the 3,034 shares. Before that another transaction happened on Dec 22 ’23, when Company’s Director sold 337,055 for $29.54, making the entire transaction worth $9,956,982. This insider now owns 969,491 shares in total.

Vornado Realty Trust (VNO) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.32 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.1) by -0.22. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -60.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -0.13% 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

Check out the current performance indicators for Vornado Realty Trust (VNO). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.16. Likewise, its price to free cash flow for the trailing twelve months is 16.83.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.29, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach -0.09 in one year’s time.

Technical Analysis of Vornado Realty Trust (VNO)

Looking closely at Vornado Realty Trust (NYSE: VNO), its last 5-days average volume was 1.15 million, which is a drop from its year-to-date volume of 1.99 million. As of the previous 9 days, the stock’s Stochastic %D was 79.12%. Additionally, its Average True Range was 1.39.

During the past 100 days, Vornado Realty Trust’s (VNO) raw stochastic average was set at 87.22%, which indicates a significant increase from 64.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.91% in the past 14 days, which was lower than the 36.11% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $41.31, while its 200-day Moving Average is $31.11. However, in the short run, Vornado Realty Trust’s stock first resistance to watch stands at $44.58. Second resistance stands at $45.17. The third major resistance level sits at $46.26. If the price goes on to break the first support level at $42.90, it is likely to go to the next support level at $41.81. Should the price break the second support level, the third support level stands at $41.22.

Vornado Realty Trust (NYSE: VNO) Key Stats

There are currently 190,649K shares outstanding in the company with a market cap of 9.14 billion. Presently, the company’s annual sales total 1,811 M according to its annual income of 105,490 K. Last quarter, the company’s sales amounted to 443,260 K and its income totaled -3,630 K.