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 3, 2025, VNO stock price declined to $42.43 with 733,240 million shares trading.

VNO has a beta of 1.40, meaning it tends to be more sensitive to market movements. VNO has a correlation of 0.23 to the broad based SPY ETF.

VNO has a market cap of $8.08 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 price return of +58.2% while the SPY ETF gained +27.8%. VNO has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +9.5% and +2.2%, respectively, while the SPY returned +4.6% and +0.1%, respectively.

VNO support price is $41.71 and resistance is $43.53 (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.