Vonovia (OTCMKTS:VONOY – Get Free Report) issued its earnings results on Wednesday. The company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.02), Zacks reports. Vonovia had a return on equity of 15.40% and a net margin of 61.85%.
Vonovia Price Performance
Shares of VONOY traded up $0.46 during trading hours on Wednesday, hitting $9.47. The stock had a trading volume of 180,141 shares, compared to its average volume of 329,315. The firm has a market capitalization of $16.08 billion, a P/E ratio of 3.28 and a beta of 1.25. Vonovia has a 1-year low of $8.60 and a 1-year high of $17.05. The firm has a 50 day simple moving average of $9.89 and a 200-day simple moving average of $12.34.
Wall Street Analyst Weigh In
VONOY has been the subject of a number of analyst reports. Zacks Research raised Vonovia from a “strong sell” rating to a “hold” rating in a research note on Monday, August 24th. Jefferies Financial Group restated a “buy” rating on shares of Vonovia in a report on Wednesday, October 14th. Oddo Bhf lowered shares of Vonovia to a “neutral” rating in a research note on Thursday, October 29th. The Goldman Sachs Group downgraded shares of Vonovia from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 7th. Finally, Morgan Stanley downgraded Vonovia to an “underweight” rating in a report on Tuesday, October 20th. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Vonovia currently has a consensus rating of “Hold”.
Get Our Latest Analysis on Vonovia
About Vonovia
Vonovia SE is a European residential real estate company headquartered in Bochum, Germany. The company owns, manages and develops residential properties, with a portfolio focused primarily on apartments and homes for individuals and families.
Its activities include property management, tenant services, building maintenance, modernization and the development of new residential projects. Vonovia also provides related services such as energy solutions, technical building operations and other services intended to support the management and improvement of its properties.
Vonovia serves tenants primarily in Germany, Austria and Sweden.
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