Somewhat Positive News Coverage Somewhat Unlikely to Affect Vornado Realty Trust (VNO) Stock Price
News stories about Vornado Realty Trust (NYSE:VNO) have trended somewhat positive this week, according to AlphaOne. The research firm, a unit of Accern, scores the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Vornado Realty Trust earned a daily sentiment score of 0.04 on AlphaOne’s scale. AlphaOne also assigned news coverage about the real estate investment trust an impact score of 47 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media stories that may have impacted Alpha One Sentiment Analysis’s analysis:
- 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)
Vornado Realty Trust (NYSE:VNO) traded up 0.03% during trading on Friday, reaching $101.60. 723,053 shares of the company’s stock were exchanged. Vornado Realty Trust has a 52 week low of $86.35 and a 52 week high of $111.72. The stock has a 50-day moving average of $102.95 and a 200-day moving average of $101.51. The stock has a market capitalization of $19.21 billion, a PE ratio of 23.44 and a beta of 0.88.
Vornado Realty Trust (NYSE:VNO) last posted its earnings results on Monday, February 13th. The real estate investment trust reported $1.13 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.31 by $0.18. The firm earned $638.26 million during the quarter, compared to analyst estimates of $637.56 million. Vornado Realty Trust had a net margin of 36.19% and a return on equity of 4.57%. The firm’s revenue for the quarter was down 2.0% on a year-over-year basis. During the same period last year, the company posted $1.27 EPS. On average, equities research analysts anticipate that Vornado Realty Trust will post $2.19 EPS for the current year.
VNO has been the subject of several research analyst reports. TheStreet raised shares of Vornado Realty Trust from a “c+” rating to a “b+” rating in a research report on Monday, February 13th. Barclays PLC increased their price objective on shares of Vornado Realty Trust from $101.00 to $104.00 and gave the company an “equal weight” rating in a research report on Tuesday, March 28th. Deutsche Bank AG increased their price objective on shares of Vornado Realty Trust from $97.00 to $105.00 and gave the company a “hold” rating in a research report on Monday, March 20th. Zacks Investment Research raised shares of Vornado Realty Trust from a “sell” rating to a “hold” rating in a research report on Wednesday, February 22nd. Finally, Evercore ISI increased their price objective on shares of Vornado Realty Trust from $113.00 to $114.00 and gave the company 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 given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $110.93.
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About Vornado Realty Trust
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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