A share price of SL Green Realty Corp. [SLG] is currently trading at $69.40, up 1.55%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SLG shares have gain 10.81% over the last week, with a monthly amount glided 11.43%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
SL Green Realty Corp. [NYSE: SLG] stock has seen the most recent analyst activity on September 13, 2024, when Citigroup upgraded its rating to a Neutral and also boosted its price target to $66 from $44. Previously, Scotiabank upgraded its rating to Sector Perform on July 09, 2024, and elevated its price target to $53. On April 18, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $58 on the stock. Barclays upgraded its rating to a Equal Weight and increased its price target to $48 on March 27, 2024. Evercore ISI downgraded its rating to a Underperform but $44 remained the price target by the analyst firm on March 18, 2024. Deutsche Bank started tracking with a Hold rating for this stock on January 30, 2024, and assigned it a price target of $50. In a note dated January 16, 2024, Truist downgraded an Hold rating on this stock and boosted its target price from $44 to $47.
SL Green Realty Corp. experienced fluctuations in its stock price throughout the past year between $28.55 and $69.16. Currently, Wall Street analysts expect the stock to reach $65.69 within the next 12 months. SL Green Realty Corp. [NYSE: SLG] shares were valued at $69.40 at the most recent close of the market. An investor can expect a potential drop of -5.35% based on the average SLG price forecast.
Analyzing the SLG fundamentals
Trailing Twelve Months sales for SL Green Realty Corp. [NYSE:SLG] were 849.04M which represents 2.01% growth. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at -0.19%, and Net Profit Margin reading is -0.19%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.04 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.94.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 68.18 points at the first support level, and at 66.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 70.96, and for the 2nd resistance point, it is at 72.53.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 5.30, the price to book ratio is 1.30.
Transactions by insiders
Recent insider trading involved Brown Carol N, Director, that happened on Feb 09 ’24 when 5118.0 shares were sold. Director, HATKOFF CRAIG M completed a deal on Jan 26 ’24 to sell 5100.0 shares. Meanwhile, Director ATKINS BETSY S sold 9894.0 shares on Jan 26 ’24.
