Analysts’ expectations for Vornado Realty Trust (VNO) stock: $30.83 price target in 12 months

Vornado Realty Trust [VNO] stock is trading at $29.28, up 1.46%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The VNO shares have lost -1.78% over the last week, with a monthly amount glided 13.44%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Vornado Realty Trust [NYSE: VNO] stock has seen the most recent analyst activity on March 28, 2024, when Morgan Stanley upgraded its rating to a Equal-Weight and also boosted its price target to $26 from $24. Previously, Barclays started tracking the stock with Underweight rating on March 27, 2024, and set its price target to $22. On December 15, 2023, upgrade upgraded it’s rating to Market Perform and revised its price target to $31 on the stock. Evercore ISI downgraded its rating to a Underperform and increased its price target to $28 on December 11, 2023. Compass Point initiated its recommendation with a Neutral and recommended $25 as its price target on September 26, 2023. Truist downgraded its rating to Hold for this stock on September 15, 2023, and upped its price target to $27. In a note dated April 27, 2023, Piper Sandler downgraded an Underweight rating on this stock and revised its target price from $16 to $11.

Vornado Realty Trust [VNO] stock has fluctuated between $18.36 and $32.21 over the past year. Currently, Wall Street analysts expect the stock to reach $30.83 within the next 12 months. Vornado Realty Trust [NYSE: VNO] shares were valued at $29.28 at the most recent close of the market. An investor can expect a potential return of 5.29% based on the average VNO price forecast.

Analyzing the VNO fundamentals

Vornado Realty Trust [NYSE:VNO] reported sales of 1.80B for the trailing twelve months, which represents a drop of -2.14%. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.55%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.62.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 28.80 points at the first support level, and at 28.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.64, and for the 2nd resistance point, it is at 29.99.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 3.10, the price to book ratio is 1.28 and price to earnings (TTM) ratio is 198.11.

Transactions by insiders

Recent insider trading involved WIGHT RUSSELL B JR, Director, that happened on Jul 11 ’24 when 2000.0 shares were sold. Director, Fascitelli Michael D completed a deal on Dec 22 ’23 to sell 0.34 million shares. Meanwhile, Director Fascitelli Michael D sold 0.26 million shares on Dec 21 ’23.

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