Home News Valuation Now: Vornado Realty Trust (NYSE: VNO)

Valuation Now: Vornado Realty Trust (NYSE: VNO)

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Vornado Realty Trust trades as part of the real estate sector and is part of the REITs industry. The company CEO is Steven Roth. Vornado Realty Trust is a fully-integrated real estate investment trust. The company owns and has an ownership interest in office and retail properties in New York and Washington, DC. The company receives revenue in the form of rent.

Previous Intraday Trading Performance:

The VNO stock showed a previous change of -0.70% with an open at 67.45 and a close of 66.82. It reached an intraday high of 67.60 and a low of 66.49.

SeekingAlpha:  Vornado sells LXP, UE stakes, calls $400M of 2022 notes

Liquidity:

The stock has a market cap of $12.7b with 190.5m shares outstanding, of which the float is 185.8m shares. Trading volume reached 915,790 shares compared to its average volume of 1,000,456 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Vornado Realty Trust shares returned -3.33% and in the past 30 trading days it returned -4.83%. Over three months, it changed 4.60%. In one year it has changed 1.36% and within that year its 52-week high was 77.59 and its 52-week low was 59.48. VNO stock is 12.34% above its 52 Week Low.

Our calculations show a 200 day moving average of 69.21 and a 50 day moving average of 67.17. Currently VNO stock is trading -3.46% below its 200 day moving average and may be a good opportunity to buy, but should check other indicators to confirm a buy signal.

SeekingAlpha:  Vornado sells LXP, UE stakes, calls $400M of 2022 notes

Earnings:

The last annual fiscal EPS for the company was reported at 3.88 that ended on 31st of December 2018, which according to the previous close, that is a PE of 33.24. Based on 8 analyst estimates, the consensus EPS for the next quarter is 0.97. The TTM EPS is 3.88, which comes to a TTM PE of 17.22. Historically, the PE high was 92.10 and the PE low was 15.50. If the stock reached its PE low, that would represent a price of 60.15, which is a decrease of -9.99%.

The following are the last four quarter reported earnings per share:
12-31-2018:  0.90
09-30-2018:  0.97
06-30-2018:  1.10
03-31-2018:  0.91

The dividend per share is currently 2.64, which is a dividend yield of 3.95%.

Base on our calculations, the intrinsic value per share is 55.97, which means it may be overvalued by -19.37%

Indicators to Watch:

Based on the latest filings, there is 2.50% of insider ownership and 128.00% of institutional ownership. Short-interest is 2,069,673, which is 1.09% of shares outstanding. The short-interest ratio or days-to-cover ratio is 1.80. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.14

Business Wire:  Tap into Hudson Yards with Visa

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 8.77%, return on assets is 2.23%, profit margin is 19.72%, price-to-sales is 5.98 and price-to-book is 2.95.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 4  :Past Performance Score
 1  :Financial Strength Score
 0  :Future Growth Score
 4  :Dividend Score
 1  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.