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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Vornado Realty ( VNO) pushed the Real Estate industry higher today making it today's featured real estate winner. The industry as a whole closed the day up 0.3%. By the end of trading, Vornado Realty rose $1.33 (1.6%) to $82.41 on average volume. Throughout the day, 760,161 shares of Vornado Realty exchanged hands as compared to its average daily volume of 978,300 shares. The stock ranged in a price between $80.98-$82.50 after having opened the day at $81.11 as compared to the previous trading day's close of $81.08. Other companies within the Real Estate industry that increased today were: Altisource Residential Corporation ( RESI), up 22.5%, IFM Investments ( CTC), up 9.2%, HMG/Courtland Properties ( HMG), up 6.8%, and Gramercy Capital Corporation ( GKK), up 5.2%.
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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 $15.09 billion and is part of the financial sector. The company has a P/E ratio of 36, above the S&P 500 P/E ratio of 17.7. Shares are up 1.2% year to date as of the close of trading on Friday. Currently there is one analyst that rates Vornado Realty a buy, no analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates Vornado Realty as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and poor profit margins.

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).

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