News stories about Vornado Realty Trust (NYSE:VNO) have been trending positive on Sunday, according to Accern. The research group identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Vornado Realty Trust earned a daily sentiment score of 0.27 on Accern’s scale. Accern also gave news headlines about the real estate investment trust an impact score of 46.0435869763807 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Lasalle Investment Management Securities LLC Trims Position in Vornado Realty Trust (VNO) (americanbankingnews.com)
- Global Endowment Management LP Purchases 9,200 Shares of Vornado Realty Trust (VNO) (americanbankingnews.com)
- Capital Analysts LLC Increases Stake in Vornado Realty Trust (VNO) (americanbankingnews.com)
- Standard Life Aberdeen plc Raises Position in Vornado Realty Trust (VNO) (americanbankingnews.com)
- Vornado Realty Trust (VNO) Shares Bought by Schroder Investment Management Group (americanbankingnews.com)
Several brokerages have issued reports on VNO. TheStreet cut Vornado Realty Trust from a “b-” rating to a “c” rating in a research note on Tuesday, February 13th. Zacks Investment Research raised Vornado Realty Trust from a “sell” rating to a “hold” rating in a report on Thursday, November 9th. SunTrust Banks raised Vornado Realty Trust from a “hold” rating to a “buy” rating in a report on Monday, January 22nd. They noted that the move was a valuation call. JPMorgan Chase & Co. lowered Vornado Realty Trust from an “overweight” rating to a “neutral” rating and set a $92.00 target price for the company. in a report on Friday, December 15th. Finally, Sandler O’Neill set a $75.00 target price on Vornado Realty Trust and gave the company a “buy” rating in a report on Wednesday, February 14th. One analyst has rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $88.09.
Vornado Realty Trust (NYSE:VNO) last posted its earnings results on Monday, February 12th. The real estate investment trust reported $0.34 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.30 by $0.04. The company had revenue of $536.23 million during the quarter, compared to analyst estimates of $532.81 million. Vornado Realty Trust had a return on equity of 5.44% and a net margin of 9.10%. The business’s revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the company earned $3.43 earnings per share. sell-side analysts forecast that Vornado Realty Trust will post 3.88 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 15th. Investors of record on Monday, January 29th were issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 3.72%. This is a positive change from Vornado Realty Trust’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend was Friday, January 26th. Vornado Realty Trust’s dividend payout ratio is 296.47%.
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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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