Michael Franco - Vornado Realty Pres CFO
VNO-PO Preferred Stock | 16.03 0.11 0.68% |
Insider
Michael Franco is Pres CFO of Vornado Realty Trust
Age | 54 |
Phone | 212-894-7000 |
Web | https://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.Similar Executives
Showing other executives | INSIDER Age | ||
Glen Weiss | Vornado Realty Trust | 52 | |
Steven Roth | Vornado Realty Trust | 81 | |
Victor Coleman | Hudson Pacific Properties | 61 | |
Harout Diramerian | Hudson Pacific Properties | 48 | |
Thomas Sanelli | Vornado Realty Trust | 50 | |
Arthur Suazo | Hudson Pacific Properties | 58 | |
Robert Larson | Vornado Realty Trust | N/A | |
Deirdre Maddock | Vornado Realty Trust | N/A | |
Reginald JD | JPMorgan Chase Co | N/A | |
Robert Entin | Vornado Realty Trust | N/A | |
Glen Weiss | Vornado Realty Trust | 52 | |
Andy Wattula | Hudson Pacific Properties | 47 | |
Glen Weiss | Vornado Realty Trust | 52 | |
Robert Entin | Vornado Realty Trust | N/A | |
Catherine Creswell | Vornado Realty Trust | N/A | |
Deirdre Maddock | Vornado Realty Trust | N/A | |
Laura Murray | Hudson Pacific Properties | N/A | |
Haim Chera | Vornado Realty Trust | 53 | |
Haim Chera | Vornado Realty Trust | 53 | |
Steven JD | Hudson Pacific Properties | 61 | |
James Dimon | JPMorgan Chase Co | 67 |
Management Performance
Return On Equity | -0.0632 | ||||
Return On Asset | -0.0058 |
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.
Return On Equity | -0.0632 | ||||
Return On Asset | -0.0058 | ||||
Profit Margin | (0.27) % | ||||
Operating Margin | (0.11) % | ||||
Current Valuation | 12.01 B | ||||
Shares Owned By Institutions | 29.74 % | ||||
Number Of Shares Shorted | 3.79 K | ||||
Revenue | 1.8 B | ||||
Gross Profit | 1.03 B | ||||
EBITDA | 350.87 M |
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
0.83 | VNO-PL | Vornado Realty Trust | PairCorr |
0.9 | VNO-PM | Vornado Realty Trust | PairCorr |
0.88 | VNO-PN | Vornado Realty Trust | PairCorr |
0.77 | HPP-PC | Hudson Pacific Properties | PairCorr |
Moving against Vornado Preferred Stock
0.58 | RC | Ready Capital Corp | PairCorr |
0.51 | AHT-PF | Ashford Hospitality Trust | PairCorr |
0.4 | AHT-PH | Ashford Hospitality Trust | PairCorr |
0.37 | CIO-PA | City Office REIT | PairCorr |
0.31 | HR | Healthcare Realty Trust | PairCorr |
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.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.