Vornado Realty Trust (VNO) Earning Positive Press Coverage, Study Shows

Media coverage about Vornado Realty Trust (NYSE:VNO) has trended positive on Friday, according to Accern. The research firm ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Vornado Realty Trust earned a news sentiment score of 0.33 on Accern’s scale. Accern also assigned news articles about the real estate investment trust an impact score of 46.8876281194346 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the news articles that may have effected Accern’s scoring:

Vornado Realty Trust (NYSE:VNO) traded up $0.45 on Friday, reaching $71.79. 1,571,516 shares of the company traded hands, compared to its average volume of 995,846. The company has a market cap of $13,538.29, a P/E ratio of 17.34, a PEG ratio of 4.28 and a beta of 1.00. Vornado Realty Trust has a 52 week low of $70.40 and a 52 week high of $89.38. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.26 and a current ratio of 0.26.

Vornado Realty Trust (NYSE:VNO) last released its quarterly earnings data on Monday, October 30th. The real estate investment trust reported $0.99 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.09 by $0.90. The company had revenue of $528.76 million during the quarter, compared to the consensus estimate of $545.53 million. Vornado Realty Trust had a net margin of 35.23% and a return on equity of 4.73%. Vornado Realty Trust’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same period last year, the firm earned $0.35 EPS. equities analysts anticipate that Vornado Realty Trust will post 3.92 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Investors of record on Monday, January 29th will be issued a $0.63 dividend. The ex-dividend date of this dividend is Friday, January 26th. This is an increase from Vornado Realty Trust’s previous quarterly dividend of $0.60. This represents a $2.52 annualized dividend and a yield of 3.51%. Vornado Realty Trust’s dividend payout ratio (DPR) is 57.97%.

A number of research analysts have recently weighed in on VNO shares. TheStreet raised shares of Vornado Realty Trust from a “c+” rating to a “b-” rating in a research report on Monday, December 18th. Sandler O’Neill reissued a “buy” rating and set a $90.00 target price on shares of Vornado Realty Trust in a research report on Tuesday, September 26th. Zacks Investment Research raised shares of Vornado Realty Trust from a “hold” rating to a “buy” rating and set a $88.00 target price for the company in a research report on Tuesday, October 17th. Barclays reissued a “hold” rating and set a $80.00 target price on shares of Vornado Realty Trust in a research report on Thursday, October 19th. Finally, JPMorgan Chase & Co. downgraded shares of Vornado Realty Trust from an “overweight” rating to a “neutral” rating and set a $92.00 target price for the company. in a research report on Friday, December 15th. Seven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Vornado Realty Trust currently has a consensus rating of “Hold” and a consensus price target of $91.75.

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Vornado Realty Trust Company Profile

Vornado Realty Trust is a real estate investment trust (REIT). The Company conducts its business through Vornado Realty L.P. (the Operating Partnership). The Company operates through two segments: New York and Washington, DC. As of December 31, 2016, the Company’s New York segment consisted of 28.3 million square feet in 86 properties.

Insider Buying and Selling by Quarter for Vornado Realty Trust (NYSE:VNO)

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