Media coverage about Vornado Realty Trust (NYSE:VNO) has been trending somewhat positive this week, AlphaOne reports. The research group, a subsidiary of Accern, scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. AlphaOne ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Vornado Realty Trust earned a coverage optimism score of 0.04 on AlphaOne’s scale. AlphaOne also gave headlines about the real estate investment trust an impact score of 47 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news headlines that may have impacted AlphaOne’s rankings:
- New Stocks On Most Attractive/Most Dangerous Lists: April 2017 (seekingalpha.com)
- Research Analysts Set Expectations for Physicians Realty Trust’s Q1 2017 Earnings (DOC) (nyhetsbanken.info)
- Vornado Realty Trust (VNO) Earning Favorable News Coverage, Analysis Shows (americanbankingnews.com)
- Vornado Realty Trust (VNO) Getting Somewhat Negative Media Coverage, Report Finds (americanbankingnews.com)
Several research firms have recently weighed in on VNO. TheStreet upgraded shares of Vornado Realty Trust from a “c+” rating to a “b+” rating in a research report on Monday, February 13th. Barclays PLC lifted their target price on shares of Vornado Realty Trust from $101.00 to $104.00 and gave the stock an “equal weight” rating in a research report on Tuesday, March 28th. Deutsche Bank AG lifted their target price on shares of Vornado Realty Trust from $97.00 to $105.00 and gave the stock a “hold” rating in a research report on Monday, March 20th. Zacks Investment Research upgraded shares of Vornado Realty Trust from a “sell” rating to a “hold” rating in a research report on Wednesday, February 22nd. Finally, Evercore ISI lifted their target price on shares of Vornado Realty Trust from $113.00 to $114.00 and gave the stock an “in-line” rating in a research report on Monday, March 27th. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $110.93.
Shares of Vornado Realty Trust (NYSE:VNO) traded up 0.03% during midday trading on Friday, hitting $101.60. 723,053 shares of the stock were exchanged. The firm has a 50 day moving average of $102.95 and a 200-day moving average of $101.51. The stock has a market cap of $19.21 billion, a P/E ratio of 23.44 and a beta of 0.88. Vornado Realty Trust has a 12 month low of $86.35 and a 12 month high of $111.72.
Vornado Realty Trust (NYSE:VNO) last released its quarterly earnings results on Monday, February 13th. The real estate investment trust reported $1.13 earnings per share for the quarter, missing analysts’ consensus estimates of $1.31 by $0.18. Vornado Realty Trust had a net margin of 36.19% and a return on equity of 4.57%. The firm earned $638.26 million during the quarter, compared to the consensus estimate of $637.56 million. During the same quarter in the prior year, the business posted $1.27 earnings per share. The firm’s quarterly revenue was down 2.0% on a year-over-year basis. Equities research analysts anticipate that Vornado Realty Trust will post $2.19 EPS for the current year.
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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.
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