Vornado Financial Statements From 2010 to 2024
| VNO-PN Preferred Stock | USD 18.30 0.14 0.77% |
Check Vornado Realty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Vornado Realty's main balance sheet or income statement drivers, such as , as well as many indicators such as . Vornado financial statements analysis is a perfect complement when working with Vornado Realty Valuation or Volatility modules.
Vornado |
Vornado Realty Trust Company Price To Earning Analysis
Vornado Realty's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Vornado Realty Price To Earning | 34.55 X |
Most of Vornado Realty's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Vornado Realty Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Vornado Realty Trust has a Price To Earning of 34.55 times. This is much higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The price to earning for all United States preferred stocks is notably lower than that of the firm.
Vornado Realty Trust Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Vornado Realty's current stock value. Our valuation model uses many indicators to compare Vornado Realty value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Vornado Realty competition to find correlations between indicators driving Vornado Realty's intrinsic value. More Info.Vornado Realty Trust is rated first in price to earning category among its peers. It is rated first in beta category among its peers totaling about 0.04 of Beta per Price To Earning. The ratio of Price To Earning to Beta for Vornado Realty Trust is roughly 23.52 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Vornado Realty by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Vornado Realty's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Vornado Realty Financial Statements
Vornado Realty investors utilize fundamental indicators, such as revenue or net income, to predict how Vornado Preferred Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
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.
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
| 0.82 | VNO-PL | Vornado Realty Trust | PairCorr |
| 0.98 | VNO-PM | Vornado Realty Trust | PairCorr |
| 0.93 | VNO-PO | Vornado Realty Trust | PairCorr |
| 0.84 | HPP-PC | Hudson Pacific Properties | PairCorr |
Moving against Vornado Preferred Stock
| 0.7 | RC | Ready Capital Corp | PairCorr |
| 0.54 | AHT-PF | Ashford Hospitality Trust | PairCorr |
| 0.53 | AHT-PG | Ashford Hospitality Trust | PairCorr |
| 0.49 | AHT-PH | Ashford Hospitality Trust | PairCorr |
| 0.43 | FR | First Industrial Realty | 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.