Vornado Realty Trust with ticker code (VNO) have now 11 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 27 and 18 calculating the average target price we see $20.73. Now with the previous closing price of $15.30 this would imply there is now a potential upside of 35.5%. The 50 day MA is $21.34 while the 200 day moving average is $24.88. The company has a market cap of $3,154m. Find out more information at: https://www.vno.com
The potential market cap would be $4,274m based on the market consensus.
Vornado’s portfolio is concentrated in the nation’s key market New York City along with the premier asset in both Chicago and San Francisco. Vornado is also the real estate industry leader in sustainability policy. The company owns and manages over 23 million square feet of LEED certified buildings and received the Energy Star Partner of the Year Award, Sustained Excellence 2019. In 2012, Vornado commemorated 50 years on the NYSE.
The company has a dividend yield of 9.25% with the ex dividend date set at 27-1-2023 (DMY).
