Vornado Realty Trust

Company Profile

Vornado Realty Trust had its IPO on 1988-01-05 under the ticker symbol VNO.

The company operates in the Real Estate sector and REIT-Office industry. Vornado Realty Trust has a staff strength of 3,146 employees.

Stock update

Shares of Vornado Realty Trust opened at $24.97 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $24.74 - $25.3, and closed at $25.16.

This is a +0.24% increase from the previous day's closing price.

A total volume of 1,755,146 shares were traded at the close of the day’s session.

In the last one week, shares of Vornado Realty Trust have increased by +2.69%.

Vornado Realty Trust's Key Ratios

Vornado Realty Trust has a market cap of $5.21 billion, indicating a price to book ratio of 0.8062 and a price to sales ratio of 2.4645.

In the last 12-months Vornado Realty Trust’s revenue was $1.36 billion with a gross profit of $1.03 billion and an EBITDA of $322.12 million. The EBITDA ratio measures Vornado Realty Trust's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Vornado Realty Trust’s operating margin was -11.4% while its return on assets stood at -0.58% with a return of equity of -6.32%.

In Q2, Vornado Realty Trust’s quarterly earnings growth was a negative -7.9% while revenue growth was a positive 6.3%.

Vornado Realty Trust’s PE and PEG Ratio

Forward PE

51.0204

Trailing PE

0

PEG

2.5796

Its diluted EPS in the last 12-months stands at $-2.3 per share while it has a forward price to earnings multiple of 51.0204 and a PEG multiple of 2.5796. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Vornado Realty Trust’s profitability.

Vornado Realty Trust stock is trading at a EV to sales ratio of 7.7203 and a EV to EBITDA ratio of 14.1821. Its price to sales ratio in the trailing 12-months stood at 2.4645.

Vornado Realty Trust stock pays annual dividends of $1.435 per share, indicating a yield of 10.05% and a payout ratio of 2.06%.

Balance sheet and cash flow metrics

Total Assets

$16.44 billion

Total Liabilities

$1.12 billion

Operating Cash Flow

$152.37 million

Capital Expenditure

$423.06 million

Dividend Payout Ratio

2.06%

Vornado Realty Trust ended 2023 with $16.44 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $16.44 billion while shareholder equity stood at $5.73 billion.

Vornado Realty Trust ended 2023 with $0 in deferred long-term liabilities, $1.12 billion in other current liabilities, 7601000.00 in common stock, $-3938202000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $1.13 billion and cash and short-term investments were $1.13 billion. The company’s total short-term debt was $575,000,000 while long-term debt stood at $7.70 billion.

Vornado Realty Trust’s total current assets stands at $2.13 billion while long-term investments were $2.64 billion and short-term investments were $0. Its net receivables were $780.77 million compared to accounts payable of $0 and inventory worth $39.10 million.

In 2023, Vornado Realty Trust's operating cash flow was $152.37 million while its capital expenditure stood at $423.06 million.

Comparatively, Vornado Realty Trust paid $0.02 in dividends in 2023.

Other key metrics

Current Trading Price

$25.16

52-Week High

$26.76

52-Week Low

$12.31

Analyst Target Price

$18.2

Vornado Realty Trust stock is currently trading at $25.16 per share. It touched a 52-week high of $26.76 and a 52-week low of $26.76. Analysts tracking the stock have a 12-month average target price of $18.2.

Its 50-day moving average was $21.72 and 200-day moving average was $19.12 The short ratio stood at 6.87 indicating a short percent outstanding of 0%.

Around 808.3% of the company’s stock are held by insiders while 8640.8% are held by institutions.