Vornado Realty Trust (VNO, Financial) experienced a significant stock movement as its share price dropped by 5.01%. At the time of reporting, the stock was priced at $43.04 per share with a trading volume of 547,899 shares, a turnover rate of 0.29%, and a price fluctuation amplitude of 4.69%.
The latest financial report indicates that Vornado Realty Trust achieved a revenue of $443 million, with a net loss of $3.63 million. The earnings per share stood at -$0.10, and the company currently does not provide gross profit data. The price-to-earnings ratio is at -153.80, reflecting the company's challenging financial situation.
In terms of institutional ratings, among the 15 organizations that rated the stock, 13% recommended buying, 53% suggested holding, and 34% advised selling. This indicates mixed sentiments among analysts regarding Vornado's future performance.
Within the real estate investment trust sector, the overall decline was 0.58%. Notably, stocks such as Presidio Property Trust Inc C/Wts (To Pur Com), Ashford Trust, and Braemar Hotels & Resorts Inc. saw significant gains. Meanwhile, Wheeler Real Estate Investment Trust, Inc., Sunstone Hotel Investors, Inc., and Office Properties Income Trust were more actively traded. Stocks with high volatility included Creative Media & Community Trust Corporation, Presidio Property Trust Inc C/Wts (To Pur Com), and Ashford Trust, showing amplitudes of 18.22%, 17.42%, and 14.31% respectively.
Vornado Realty Trust is known for its ownership of premium office and retail properties, primarily concentrated in Manhattan, with additional holdings in San Francisco and Chicago. The company functions as a real estate investment trust (REIT) focusing on high-value assets.
