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Vornado (VNO) Catches Eye: Stock Jumps 5.9%

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Vornado Realty Trust (VNO - Free Report) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company —as the stock is now up 16.1% in the past one-month time frame.

The company has seen two negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Vornado currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Vornado Realty Trust Price

A better-ranked stock in the REIT and Equity Trust - Other industry is Alexander & Baldwin, Inc. (ALEX - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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Vornado Realty Trust (VNO) - free report >>

Alexander & Baldwin Holdings, Inc. (ALEX) - free report >>

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