3. As of noon trading, Vornado Realty ( VNO) is down $0.68 (-0.8%) to $84.72 on average volume Thus far, 447,390 shares of Vornado Realty exchanged hands as compared to its average daily volume of 913,200 shares. The stock has ranged in price between $84.72-$85.43 after having opened the day at $84.87 as compared to the previous trading day's close of $85.40. 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 $15.7 billion and is part of the financial sector. The company has a P/E ratio of 37.5, above the S&P 500 P/E ratio of 17.7. Shares are up 5.5% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Vornado Realty a buy, no analysts rate it a sell, and 7 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 increase in net income, revenue growth, reasonable valuation levels, growth in earnings per share and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Vornado Realty Ratings Report now. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE
At the turn of the century, people from all over the world marveled at the AOL Time Warner Center. But now, the final frontier of New York City's iconic landscape belongs to Manhattan West, a Brookfield Development. The seven-million square foot development is positioned at the gateway of Manhattan's newest vibrant neighborhood, the Hudson Yards District.