11/15/2009 Sunday, November 15, 2009 (Irvine, California) Today StockRing.com Recommendation is to "BUY"for VORNADO REALTY TR (NYSE:VNO) Stock.
VNO stock opening price was $64.39 per share.
Current price of NYSE:VNO Stock is $65.31 per share
and it is
$+1.25, (+1.95%) today
and it was trading in the daily range of $64.22 - 65.76 per share.
Current Bid Price for (NYSE:VNO) stock is $64.35 and the Ask Price is $65.58. In the last 52 weeks
VNO stock was trading in the range of $27.01 - 70.23. 50-Day Moving Average for (NYSE:VNO) stock is
$62.3368 and 200-Day Moving Average is $53.8174. On average analysts predict that One Year Target Estimated price for
(NYSE:VNO) stock is $60.50.
VORNADO REALTY TR (NYSE:VNO)Market capitalization is $11.725B. (NYSE:VNO) stock average daily volume is
2,959,730 shares per day.
However, on last trading session of Nov 13, 2009
VNO stock traded 1,734,700 shares.
Also The Short Ratio for (NYSE:VNO) stock is N/A.
On previous trading session VNO Stock closed at $64.06 per share.
Last year VORNADO REALTY TR (NYSE:VNO) before taxes (EBITDA) (ttm) earned $1.170B on total revenue of $2.645B.
Earnings Per Share - EPS (ttm) for VNO stock is 0.055.
Also, (NYSE:VNO) Stock Price Per Earnings ratio - P/E is 1164.73.
Thus, (NYSE:VNO) Stock Price/Sales (ttm) ratio is 4.35 and Price/Book (mrq) ratio is 2.00.
(NYSE:VNO) Stock pays a dividend of $2.653 per share which is a yield of 4.14%.
So at this time (NYSE:VNO) Stock maintains Trailing Annual Dividend Rate at 2.653
.
StockRing Recommendations for VORNADO REALTY TR (NYSE:VNO) Stock are updated daily here
VORNADO REALTY TRUST (NYSE: VNO) Company Information
Vornado Realty Trust
888 Seventh Avenue
New York, NY 10019
United States - Map
Phone: 212-894-7000
Fax: 201-587-0600
Web Site: http://www.vno.com
VORNADO REALTY TRUST (NYSE: VNO) DETAILS
VORNADO REALTY TRUST (NYSE: VNO) Index Membership: S&P 500
S&P 1500 Super Comp
VORNADO REALTY TRUST (NYSE: VNO) Sector: Financial
VORNADO REALTY TRUST (NYSE: VNO) Industry: REIT - Retail
VORNADO REALTY TRUST (NYSE: VNO) Full Time Employees: 3,529
VORNADO REALTY TRUST (NYSE: VNO) BUSINESS SUMMARY
Vornado Realty Trust operates as a real estate investment trust (REIT). As of December 31, 2005, it owned 111 office properties aggregating approximately 30.7 million square feet in the New York City metropolitan area, as well as in the Washington D.C. and Northern Virginia area; 111 retail properties in 9 states and Puerto Rico aggregating approximately 16.2 million square feet; and 10 properties in 6 states approximately 9.5 million square feet of showroom and office space. In addition, as of the above date, the company owned 47.6% interest in Americold Realty Trust, which owned and operated 85 cold storage warehouses; 32.95% interest in Toys ?R? Us, Inc. that owned and operated 1204 stores worldwide, including 587 toys stores and 242 Babies ?R? Us stores in the United States, and 306 toy stores internationally; and 33% of the outstanding common stock of Alexander?s, Inc., which had 6 properties in the greater New York metropolitan area. Additionally, as of the same date, it owned Hotel Pennsylvania in New York City; 15.8% interest in The Newkirk Master Limited Partnership, which owned office, retail, and industrial properties; and 11.3% interest in GMH Communities L.P. that owned and managed student and military housing properties in the United States, 7 dry warehouse/industrial properties in New Jersey containing approximately 1.5 million square feet, and other investments and marketable securities. The company also offers mezzanine loans to real estate related companies. As a REIT, it would not be subject to federal income tax purposes, provided that the company distributes atleast 90% of taxable income to its shareholders. Vornado Realty Trust has a joint venture agreement with Reliance Industries, Ltd. to acquire, develop, and operate retail shopping centers in India. Vornado Realty Trust is based in New York City.
VORNADO REALTY TRUST (NYSE: VNO) KEY EXECUTIVES, SALARIES and BONUSES
Mr. Michael D. Fascitelli , Age: 52
Chief Exec. Officer, Pres, Non-Independent Trustee and Member of Exec. Committee Salary: $ 1.00M Bonus: $ 23.49M
Mr. Joseph Macnow CPA, Age: 63
Chief Financial Officer, Principal Accounting Officer and Exec. VP of Fin. & Admin. Salary: $ 1.40M Bonus: $ 7.57M
Mr. David R. Greenbaum , Age: 57
Pres of New York City Office Division Salary: $ 1.50M Bonus: $ 16.07M
Mr. Sandeep Mathrani , Age: 46
Exec. VP of Retail Real Estate Division Salary: $ 1.50M Bonus: $ 1.84M
Mr. Christopher G. Kennedy , Age: 45
Pres of Merchandise Mart Division Salary: N/A Bonus: N/A
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