News stories about Vornado Realty Trust (NYSE:VNO) have trended positive recently, Accern Sentiment reports. The research firm scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Vornado Realty Trust earned a media sentiment score of 0.32 on Accern’s scale. Accern also assigned press coverage about the real estate investment trust an impact score of 46.9864109644498 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Several research firms recently commented on VNO. TheStreet upgraded shares of Vornado Realty Trust from a “c+” rating to a “b-” rating in a report on Monday, December 18th. JPMorgan Chase & Co. downgraded shares of Vornado Realty Trust from an “overweight” rating to a “neutral” rating and set a $92.00 price objective for the company. in a research report on Friday, December 15th. Zacks Investment Research raised shares of Vornado Realty Trust from a “sell” rating to a “hold” rating in a research report on Thursday, November 9th. Barclays reaffirmed a “hold” rating and issued a $80.00 price objective on shares of Vornado Realty Trust in a research report on Thursday, October 19th. Finally, Morgan Stanley raised shares of Vornado Realty Trust from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $81.00 to $84.00 in a research report on Tuesday, October 10th. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Vornado Realty Trust presently has an average rating of “Hold” and an average target price of $91.75.
Shares of Vornado Realty Trust (NYSE:VNO) opened at $78.18 on Tuesday. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $14,844.65, a price-to-earnings ratio of 18.88, a price-to-earnings-growth ratio of 4.70 and a beta of 1.00. Vornado Realty Trust has a one year low of $71.89 and a one year high of $89.38.
Vornado Realty Trust (NYSE:VNO) last issued its quarterly earnings data on Monday, October 30th. The real estate investment trust reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.90. Vornado Realty Trust had a net margin of 35.23% and a return on equity of 4.73%. The business had revenue of $528.76 million for the quarter, compared to analysts’ expectations of $545.53 million. During the same period in the previous year, the business earned $0.35 earnings per share. The company’s revenue was up 5.2% on a year-over-year basis. equities research analysts anticipate that Vornado Realty Trust will post 3.92 EPS for the current fiscal year.
About Vornado Realty Trust
Vornado Realty Trust is a real estate investment trust (REIT). The Company conducts its business through Vornado Realty L.P. (the Operating Partnership). The Company operates through two segments: New York and Washington, DC. As of December 31, 2016, the Company’s New York segment consisted of 28.3 million square feet in 86 properties.
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