Catherine Creswell - Vornado Realty Director Relations

VNO-PN Preferred Stock  USD 17.26  0.13  0.76%   

Insider

Catherine Creswell is Director Relations of Vornado Realty Trust
Phone212-894-7000
Webhttps://www.vno.com

Vornado Realty Management Efficiency

Vornado Realty's management efficiency ratios could be used to measure how well Vornado Realty manages its routine affairs as well as how well it operates its assets and liabilities.
Vornado Realty Trust has accumulated 9.13 B in total debt with debt to equity ratio (D/E) of 1.31, which is about average as compared to similar companies. Vornado Realty Trust has a current ratio of 3.64, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Vornado Realty until it has trouble settling it off, either with new capital or with free cash flow. So, Vornado Realty's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Vornado Realty Trust sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Vornado to invest in growth at high rates of return. When we think about Vornado Realty's use of debt, we should always consider it together with cash and equity.

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Vornados portfolio is concentrated in the nations key market New York City along with the premier asset in both Chicago and San Francisco. The company owns and manages over 23 million square feet of LEED certified buildings and received the Energy Star Partner of the Year Award, Sustained Excellence 2019. Vornado Realty is traded on NYQ Exchange in the United States. Vornado Realty Trust (VNO-PN) is traded on New York Stock Exchange in USA. It is located in 888 Seventh Avenue, New York, NY, United States, 10019 and employs 3,146 people. Vornado Realty is listed under Trading category by Fama And French industry classification.

Management Performance

Vornado Realty Trust Leadership Team

Elected by the shareholders, the Vornado Realty's board of directors comprises two types of representatives: Vornado Realty inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Vornado. The board's role is to monitor Vornado Realty's management team and ensure that shareholders' interests are well served. Vornado 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, Vornado Realty's outside directors are responsible for providing unbiased perspectives on the board's policies.
Barry Langer, Exec Estate
Robert Entin, Chief VP
Deirdre Maddock, VP Officer
Haim Chera, Ex Retail
Robert Larson, VP Operations
Steven Roth, Chairman CEO
Glen Weiss, Ex Estate
Michael Franco, Pres CFO
Catherine Creswell, Director Relations
Thomas Sanelli, Exec Officer

Vornado Preferred Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right preferred stock is not an easy task. Is Vornado 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.

Pair Trading with Vornado 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 Vornado 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 Vornado Realty will appreciate offsetting losses from the drop in the long position's value.

Moving together with Vornado Preferred Stock

  0.72VNO-PL Vornado Realty TrustPairCorr
  0.94VNO-PM Vornado Realty TrustPairCorr
  0.77VNO-PO Vornado Realty TrustPairCorr
  0.68HPP-PC Hudson Pacific PropertiesPairCorr

Moving against Vornado Preferred Stock

  0.49CIO-PA City Office REITPairCorr
  0.44OZ Belpointe PREP LLCPairCorr
  0.44RC Ready Capital CorpPairCorr
The ability to find closely correlated positions to Vornado 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 Vornado 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 Vornado 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 Vornado Realty Trust to buy it.
The correlation of Vornado 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 Vornado Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vornado Realty Trust 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 Vornado 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Vornado Preferred Stock

Vornado Realty financial ratios help investors to determine whether Vornado Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Vornado with respect to the benefits of owning Vornado Realty security.