VNO Stock Fair Value – Vornado Realty Trust Shares Drop 2.11% Despite Mixed Trading Session on Wall Street
June 26, 2023
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On Wednesday, shares of Vornado Realty Trust ($NYSE:VNO) fell 2.11% to $15.28, while the S&P 500 showed mixed performance in the trading session. The company is a real estate investment trust (REIT) that primarily owns, manages, and develops retail stores and office buildings in the United States. Its portfolio consists of retail stores, offices, hotels, and industrial assets located in the Northeast and Mid-Atlantic regions. Vornado Realty Trust is headquartered in New York City and is listed on the New York Stock Exchange.
The company has been able to acquire some of the most desirable real estate in the country over the years, giving it a diversified portfolio of assets. Its properties range from shopping centers and office complexes to warehouses and hotels. As one of the largest REITs in the country, Vornado is well-positioned to take advantage of any market opportunities that arise.
Analysis – VNO Stock Fair Value
GoodWhale has conducted an analysis of VORNADO REALTY TRUST’s wellbeing and have come to a conclusion about the intrinsic value of their shares. Our proprietary Valuation Line indicates that the intrinsic value of VORNADO REALTY TRUST share is around $21.0. This means that currently, VORNADO REALTY TRUST stock is traded at $15.8, which is undervalued by 24.8%. This presents a good opportunity for investors to purchase the stock at a discounted price and benefit from its potential value growth in the near future. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for VNO. More…
| Total Revenues | Net Income | Net Margin |
| 1.8k | -429.93 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for VNO. More…
| Operations | Investing | Financing |
| 798.94 | -906.86 | -801.27 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for VNO. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 16.27k | 9.91k | 29.66 |
Key Ratios Snapshot
Some of the financial key ratios for VNO are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 16.0% |
| FCF Margin | ROE | ROA |
| – | – | – |
Peers
Vornado owns and operates office, retail, and hotel properties in the United States. The company was founded in 1959 and became a public company in 1971. As of December 31, 2019, Vornado owned and operated 97 million square feet of real estate. The company’s portfolio is focused on high-density urban markets in New York City, Washington, DC, and San Francisco. Vornado’s primary competitors are KBS Real Estate Investment Trust III Inc, Boston Properties Inc, and Broadstone Net Lease Inc. These companies are all based in the United States and are focused on office, retail, and hotel properties.
– KBS Real Estate Investment Trust III Inc ($OTCPK:KBSR)
KBS Real Estate Investment Trust III Inc is a real estate investment trust that owns and operates a portfolio of properties in the United States. The company’s portfolio includes office, retail, industrial, and hotel properties. KBS Real Estate Investment Trust III Inc is headquartered in Newport Beach, California.
– Boston Properties Inc ($NYSE:BXP)
Boston Properties Inc is a real estate investment trust that owns, manages, and develops properties in the United States. As of December 31, 2020, it owned or had an interest in 171 properties, totaling approximately 51.4 million square feet. The company was founded in 1970 and is headquartered in Boston, Massachusetts.
– Broadstone Net Lease Inc ($NYSE:BNL)
The company’s market cap is 2.79B as of 2022. The company focuses on providing net lease financing solutions to tenants and landlords in the United States.
Summary
Investors in Vornado Realty Trust saw mixed results on Wednesday, with the stock price falling 2.11% to $15.28. Despite the dip, overall sentiment for the company remains positive, as the stock has been trending upward in recent months. Fundamental analysis of the company suggests continued growth and strong prospects for future performance. Investors should consider the company’s fundamentals and trends before making any investments in Vornado Realty Trust.
