Throughout the last three months, 7 analysts have evaluated Vornado Realty VNO, offering a diverse set of opinions from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 0 | 3 | 3 | 1 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 1 | 1 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 2 | 2 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $26.71, with a high estimate of $31.00 and a low estimate of $21.00. Marking an increase of 8.27%, the current average surpasses the previous average price target of $24.67.
Diving into Analyst Ratings: An In-Depth Exploration
A clear picture of Vornado Realty's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below 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 |
|---|---|---|---|---|---|
| Michael Lewis | Truist Securities | Lowers | Hold | $26.00 | $30.00 |
| Caitlin Burrows | Goldman Sachs | Lowers | Sell | $21.00 | $24.00 |
| 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 |
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: 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: Analysts gauge the dynamics of price targets, providing estimates for the future value of Vornado Realty's stock. This comparison reveals trends in analysts' expectations over time.
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.
Get to Know Vornado Realty Better
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.
Key Indicators: Vornado Realty's Financial Health
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Challenges: Vornado Realty's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -1.13%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Real Estate sector.
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 a standout performer, exceeding industry averages. With an impressive ROE of -1.36%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Vornado Realty's ROA excels beyond industry benchmarks, reaching -0.37%. This signifies efficient management of assets and strong financial health.
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.
The Basics of Analyst Ratings
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
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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