Lawrence Kreider - Clipper Realty Chief Financial Officer
| CLPR Stock | USD 5.06 0.10 2.02% |
CFO
Mr. Lawrence E. Kreider Jr. is no longer as Chief Financial Officer of the Company. Effective June 30, 2019. He was retired and selfemployed as a financial consultant from 2012 to August 2015, when he became the Chief Financial Officer of the Company. Mr. Kreider was Chief Financial Officer of Cedar Realty Trust from 2007 to 2011, where he had direct responsibility for all aspects of the Companys financial operations. From 2001 to 2007, Mr. Kreider was Senior Vice President, Chief Financial Officer, Chief Information Officer and Chief Accounting Officer for Affordable Residential Communities, now named Hilltop Holdings Inc. From 1999 to 2001, Mr. Kreider was Senior Vice President of Finance for Warnaco Group Inc. and, in 2000 and 2001, President of Warnaco Europe. From 1986 to 1999, Mr. Kreider held several senior finance positions with Revlon, Inc., as Senior Vice President, Controller and Chief Accounting Officer, and with MacAndrews Forbes Holdings. Prior to 1986, he held senior finance positions with Zale Corporationrationration, Johnson Matthew Jewelry Corporation and Refinement International Company. Mr. Kreider began his career with Coopers Lybrand, now PricewaterhouseCoopers since 2021.
| Age | 76 |
| Tenure | 3 years |
| Address | 4611 12th Avenue, Brooklyn, NY, United States, 11219-2514 |
| Phone | 718 438 2804 |
| Web | https://www.clipperrealty.com |
Clipper Realty Management Efficiency
The company has return on total asset (ROA) of 0.0192 % which means that it generated a profit of $0.0192 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (3.999) %, meaning that it created substantial loss on money invested by shareholders. Clipper Realty's management efficiency ratios could be used to measure how well Clipper Realty manages its routine affairs as well as how well it operates its assets and liabilities. As of 12/02/2024, Return On Capital Employed is likely to grow to 0.03, while Return On Tangible Assets are likely to drop (0). At this time, Clipper Realty's Total Current Assets are relatively stable compared to the past year. As of 12/02/2024, Intangible Assets is likely to grow to about 6.6 M, while Net Tangible Assets are likely to drop slightly above 12.1 M.Similar Executives
| Found 5 records | CFO Age | ||
| Steven CPA | Elme Communities | 49 | |
| Steven Freishtat | Elme Communities | 49 | |
| James Sebra | Independence Realty Trust | 48 | |
| George CPA | BRT Realty Trust | 60 | |
| Bhairav CPA | Centerspace | 46 | |
Management Performance
| Return On Equity | -4.0 | |||
| Return On Asset | 0.0192 |
Clipper Realty Leadership Team
Elected by the shareholders, the Clipper Realty's board of directors comprises two types of representatives: Clipper Realty inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Clipper. The board's role is to monitor Clipper Realty's management team and ensure that shareholders' interests are well served. Clipper Realty's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Clipper Realty's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Michael Frenz, Chief Financial Officer, Secretary | ||
| Howard Lorber, Independent Director | ||
| Lawrence Kreider, Chief Financial Officer | ||
| David Bistricer, Co-Chairman of the Board, Chief Executive Officer | ||
| Sam Levinson, Independent Co-Chairman of the Board, Head - Investment Committee | ||
| Jacob Bistricer, Chief Operating Officer | ||
| Robert Ivanhoe, Independent Director | ||
| Richard Burger, Independent Director | ||
| Roberto Verrone, Independent Director | ||
| Jacob Schwimmer, Chief Property Management Officer | ||
| Harmon Spolan, Independent Director |
Clipper Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Clipper Realty a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -4.0 | |||
| Return On Asset | 0.0192 | |||
| Profit Margin | (0.02) % | |||
| Operating Margin | 0.29 % | |||
| Current Valuation | 1.32 B | |||
| Shares Outstanding | 16.08 M | |||
| Shares Owned By Insiders | 15.49 % | |||
| Shares Owned By Institutions | 34.54 % | |||
| Number Of Shares Shorted | 568.71 K | |||
| Price To Earning | (52.45) X |
Pair Trading with Clipper Realty
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Clipper Realty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Clipper Realty will appreciate offsetting losses from the drop in the long position's value.Moving against Clipper Stock
| 0.74 | AHT | Ashford Hospitality Trust | PairCorr |
| 0.58 | AIV | Apartment Investment and | PairCorr |
| 0.53 | AHH | Armada Hflr Pr | PairCorr |
| 0.47 | AMH | American Homes 4 | PairCorr |
| 0.31 | FR | First Industrial Realty | PairCorr |
The ability to find closely correlated positions to Clipper Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clipper Realty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Clipper Realty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Clipper Realty to buy it.
The correlation of Clipper Realty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Clipper Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clipper Realty moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Clipper Realty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Clipper Stock Analysis
When running Clipper Realty's price analysis, check to measure Clipper Realty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Clipper Realty is operating at the current time. Most of Clipper Realty's value examination focuses on studying past and present price action to predict the probability of Clipper Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clipper Realty's price. Additionally, you may evaluate how the addition of Clipper Realty to your portfolios can decrease your overall portfolio volatility.