In the preceding three months, 14 analysts have released ratings for Vornado Realty VNO, presenting a wide array of perspectives from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 3 | 6 | 3 | 2 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 1 | 2 | 0 | 2 |
| 3M Ago | 0 | 2 | 3 | 3 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $32.66, a high estimate of $44.00, and a low estimate of $21.50. This current average reflects an increase of 23.76% from the previous average price target of $26.39.
Analyzing Analyst Ratings: A Detailed Breakdown
A comprehensive examination of how financial experts perceive Vornado Realty is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Alexander Goldfarb | Piper Sandler | Raises | Neutral | $44.00 | $30.00 |
| Caitlin Burrows | Goldman Sachs | Raises | Sell | $23.75 | $21.50 |
| Nicholas Yulico | Scotiabank | Raises | Sector Perform | $33.00 | $23.00 |
| Steve Sakwa | Evercore ISI Group | Raises | Outperform | $39.00 | $38.00 |
| Michael Lewis | Truist Securities | Raises | Hold | $31.00 | $26.00 |
| Caitlin Burrows | Goldman Sachs | Raises | Sell | $21.50 | $19.00 |
| Camille Bonnel | B of A Securities | Raises | Neutral | $35.00 | $26.00 |
| Steve Sakwa | Evercore ISI Group | Raises | Outperform | $38.00 | $32.00 |
| Steve Sakwa | Evercore ISI Group | Raises | Underperform | $32.00 | $31.00 |
| Ross Smotrich | Barclays | Raises | Underweight | $27.00 | $21.00 |
| Alexander Goldfarb | Piper Sandler | Raises | Neutral | $30.00 | $22.00 |
| John Kim | BMO Capital | Raises | Outperform | $40.00 | $29.00 |
| Steve Sakwa | Evercore ISI Group | Raises | Underperform | $31.00 | $24.00 |
| Floris Van Dijkum | Compass Point | Raises | Neutral | $32.00 | $27.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Vornado Realty. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Vornado Realty compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Vornado Realty's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Vornado Realty's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Vornado Realty analyst ratings.
All You Need to Know About 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.
Vornado Realty: Financial Performance Dissected
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Revenue Growth: Vornado Realty's revenue growth over a period of 3 months has faced challenges. As of 30 June, 2024, the company experienced a revenue decline of approximately -4.68%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Real Estate sector.
Net Margin: Vornado Realty's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 7.83%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Vornado Realty's ROE excels beyond industry benchmarks, reaching 0.8%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Vornado Realty's ROA stands out, surpassing industry averages. With an impressive ROA of 0.22%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Vornado Realty's debt-to-equity ratio is notably higher than the industry average. With a ratio of 2.02, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
The Basics 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.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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