It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Vornado Realty Trust (VNO) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$1.11, or -4.25%, to $25.01. Volume reached 54,966 shares, with price reaching a high of $25.2 and a low of $25.15. Recently, Yahoo Finance discussed the stock, revealing that Vornado Announces Second Quarter 2022 Financial Results.
Vornado Realty Trust is listed on the NYSE in the Real Estate sector while operating in the REIT – Office industry. At the end of the last regular session, the stock closed at $25.16 and fluctuated between $26.54 as its day high and $25.16 as its day low. The current market capitalization of Vornado Realty Trust is $4.74B. A total of 1.61 million shares were traded on the day, compared to an average of 2.00M shares.
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, VNO has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 1 BUYs and 2 SELLs from insiders. Insiders purchased 5,262 shares during that period but sold 259,100.
In the most recent transaction, Fascitelli Michael D sold 119,100 shares of VNO for 41.97 per share on Apr 13. After the transaction, the Director now owns 1,100,451 company shares.
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Vornado Realty Trust pays an annual dividend of $2.12, resulting in a dividend yield of 8.43%, and it has a price to earnings (P/E) ratio of 38.41. VNO’s most recent ex-dividend date was 08/05/2022 when it declared a $0.53 quarterly dividend that was paid in cash on 08/19/2022. Previously, the company paid the dividend on 05/20/2022 with an ex-dividend date of 05/06/2022. The dividend was $0.53 per share in cash.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for VNO in the last 3 months, the mean price target is $30.45 with high estimates of $35.00 and low estimates of $20.00. In terms of 52-week highs and lows, VNO has a high of $47.26 and a low of $25.27.
As of this writing, VNO has an earnings estimate of $0.76 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $0.8 per share and a lower estimate of $0.7. The company reported an EPS of $0.83 in the last quarter, which was 5.06% higher than expectations of $0.79.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 14 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for VNO is Hold with a score of 2.40. A total of 2 analysts rated the stock as Buy while 1 rated it as Overweight while 7 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 3 thought it should be Sold.