Vornado Realty Trust (VNO): Today's Featured Real Estate Winner

Vornado Realty (VNO) pushed the Real Estate industry higher today making it today's featured real estate winner. The industry as a whole was unchanged today. By the end of trading, Vornado Realty rose 53 cents (0.6%) to $88.07 on average volume. Throughout the day, 961,276 shares of Vornado Realty exchanged hands as compared to its average daily volume of 1.1 million shares. The stock ranged in a price between $86.42-$88.21 after having opened the day at $87.31 as compared to the previous trading day's close of $87.54. Other companies within the Real Estate industry that increased today were: SYSWIN (SYSW), up 12.7%, Supertel Hospitality (SPPR), up 9.4%, IRSA Investments and Representations (IRS), up 8%, and American Realty Investors (ARL), up 7.5%.

Vornado Realty Trust is a privately owned real estate investment trust. The trust engages in investment, ownership, and management of commercial real estate. It invests in the real estate markets of United States. The trust primarily invests in office, industrial and retail properties. Vornado Realty has a market cap of $16.02 billion and is part of the financial sector. The company has a P/E ratio of 34.5, above the average real estate industry P/E ratio of 26.7 and above the S&P 500 P/E ratio of 17.7. Shares are up 13.9% year to date as of the close of trading on Monday. Currently there are three analysts that rate Vornado Realty a buy, no analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates Vornado Realty as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

• You can view the full Vornado Ratings Report.

On the negative front, Roberts Realty Investors (RPI), down 9.9%, Vestin Realty Mortgage II (VRTB), down 7.5%, NTS Realty Holdings (NLP), down 7.4%, and Vestin Realty Mortgage I (VRTA), down 6.8%, were all losers within the real estate industry with Prologis (PLD) being today's real estate industry loser.

• Use our real estate section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider iShares Dow Jones US Real Estate (IYR) while those bearish on the real estate industry could consider ProShares Short Real Estate Fund (REK).

• Find other investment ideas from our top rated ETFs lists.

 

For more information on Vornado Realty Trust click any of the following:

• Vornado Realty Trust Stock Price

• Vornado Realty Trust Analyst Ratings

• Vornado Realty Trust Key Stats & Profile

• Vornado Realty Trust Earnings

• Vornado Realty Trust Ratio Comparison

• Vornado Realty Trust Growth Rates

• Vornado Realty Trust Balance Sheet

• Vornado Realty Trust Cash Flow

• Vornado Realty Trust Income Statement