Analysts' ratings for Vornado Realty (NYSE:VNO) over the last quarter vary from bullish to bearish, as provided by 6 analysts.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 0 | 3 | 2 | 1 |
| Last 30D | 0 | 0 | 0 | 1 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 0 | 0 | 1 | 1 | 1 |
Analysts have set 12-month price targets for Vornado Realty, revealing an average target of $24.67, a high estimate of $27.00, and a low estimate of $21.00. Observing a downward trend, the current average is 6.91% lower than the prior average price target of $26.50.
Interpreting Analyst Ratings: A Closer Look
An in-depth analysis of recent analyst actions unveils 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 |
|---|---|---|---|---|---|
| Alexander Goldfarb | Piper Sandler | Lowers | Underweight | $22.00 | $25.00 |
| Floris Van Dijkum | Compass Point | Lowers | Neutral | $27.00 | $28.00 |
| Ronald Kamdem | Morgan Stanley | Raises | Equal-Weight | $26.00 | $24.00 |
| 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 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Vornado Realty. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Vornado Realty compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Vornado Realty's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Vornado Realty's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Vornado Realty analyst ratings.
Discovering Vornado Realty: A Closer Look
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: 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 Challenges: Vornado Realty's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -2.14%. This indicates 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 financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of -2.07%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Vornado Realty's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -0.21% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Vornado Realty's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -0.06% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Vornado Realty's debt-to-equity ratio surpasses industry norms, standing at 2.06. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Understanding the Relevance of Analyst Ratings
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.