4. As of noon trading, Vornado Realty ( VNO) is down $2.10 (-2.5%) to $80.58 on heavy volume Thus far, 1.1 million shares of Vornado Realty exchanged hands as compared to its average daily volume of 907,800 shares. The stock has ranged in price between $80.51-$83.26 after having opened the day at $82.88 as compared to the previous trading day's close of $82.68.

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 $15.4 billion and is part of the real estate industry. The company has a P/E ratio of 55.7, above the S&P 500 P/E ratio of 17.7. Shares are up 3.2% year to date as of the close of trading on Wednesday. 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 and growth in earnings per share. 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.

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