VNO Stock Summary and Trading Ideas (Vornado Realty Trust | NYSE:VNO)

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 Trust trades on the NYSE stock market under the symbol VNO.

As of January 7, 2025, VNO stock price declined to $40.36 with 1,387,236 million shares trading.

VNO has a beta of 1.43, meaning it tends to be more sensitive to market movements. VNO has a correlation of 0.24 to the broad based SPY ETF.

VNO has a market cap of $7.69 billion. This is considered a Mid Cap stock.

Last quarter Vornado Realty Trust reported $443 million in Revenue and $.52 earnings per share. This beat revenue expectation by $3 million and exceeded earnings estimates by $.01.

In the last 3 years, VNO traded as high as $47.26 and as low as $12.31.

The top ETF exchange traded funds that VNO belongs to (by Net Assets): VNQ, VTI, IJH, VB, VBR.

VNO has outperformed the market in the last year with a return of +47.1%, while the SPY ETF gained +27.3%. In the last 3 month period, VNO beat the market returning +4.5%, while SPY returned +3.1%. However, in the most recent 2 weeks VNO has underperformed the stock market by returning -4.0%, while SPY returned -1.0%.

VNO support price is $40.40 and resistance is $42.18 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VNO shares will trade within this expected range on the day.