6 analysts have shared their evaluations of Vornado Realty VNO during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 0 | 0 | 2 | 3 | 1 |
Last 30D | 0 | 0 | 0 | 1 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 0 | 1 | 1 | 0 |
3M Ago | 0 | 0 | 1 | 1 | 1 |
Analysts have set 12-month price targets for Vornado Realty, revealing an average target of $26.33, a high estimate of $31.00, and a low estimate of $18.00. This upward trend is evident, with the current average reflecting a 24.2% increase from the previous average price target of $21.20.
Diving into Analyst Ratings: An In-Depth Exploration
In examining recent analyst actions, we gain insights into how financial experts perceive Vornado Realty. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Steve Sakwa | Evercore ISI Group | Lowers | Underperform | $26.00 | $28.00 |
Alexander Goldfarb | Piper Sandler | Raises | Underweight | $25.00 | $16.00 |
Michael Lewis | Truist Securities | Raises | Hold | $30.00 | $27.00 |
John Kim | BMO Capital | Announces | Market Perform | $31.00 | - |
Steve Sakwa | Evercore ISI Group | Raises | Underperform | $28.00 | $23.00 |
Emmanuel Korchman | Citigroup | Raises | Sell | $18.00 | $12.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Vornado Realty. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Vornado Realty compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of Vornado Realty's stock. This analysis reveals shifts in analysts' expectations over time.
For valuable insights into Vornado Realty's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Vornado Realty analyst ratings.
Unveiling the Story Behind Vornado Realty
Vornado owns and has an ownership interest in Class A office and retail properties highly concentrated in Manhattan, with additional properties in San Francisco and Chicago. It operates as a real estate investment trust.
A Deep Dive into Vornado Realty's Financials
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Negative Revenue Trend: Examining Vornado Realty's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -1.13% in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Real Estate sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Vornado Realty's net margin is impressive, surpassing industry averages. With a net margin of -13.81%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -1.36%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Vornado Realty's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -0.37% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Vornado Realty's debt-to-equity ratio stands notably higher than the industry average, reaching 2.08. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Understanding the Relevance of Analyst Ratings
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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