SL Green Realty Corp [SLG] stock prices are up 0.04% to $67.19 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SLG shares have gain 6.13% over the last week, with a monthly amount drifted -2.69%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
SL Green Realty Corp [NYSE: SLG] stock has seen the most recent analyst activity on December 10, 2024, when JP Morgan upgraded its rating to a Neutral and also boosted its price target to $80 from $51. Previously, Compass Point upgraded its rating to Neutral on September 18, 2024, and elevated its price target to $60. On September 16, 2024, upgrade upgraded it’s rating to In-line and revised its price target to $66 on the stock. Citigroup upgraded its rating to a Neutral and increased its price target to $66 on September 13, 2024. Scotiabank upgraded its rating to a Sector Perform and raised its price target to $53 on July 09, 2024. BMO Capital Markets upgraded its rating to Outperform for this stock on April 18, 2024, and upped its price target to $58. In a note dated March 27, 2024, Barclays upgraded an Equal Weight rating on this stock and boosted its target price from $35 to $48.
The stock price of SL Green Realty Corp [SLG] has been fluctuating between $41.88 and $82.81 over the past year. Currently, Wall Street analysts expect the stock to reach $73 within the next 12 months. SL Green Realty Corp [NYSE: SLG] shares were valued at $67.19 at the most recent close of the market. An investor can expect a potential return of 8.65% based on the average SLG price forecast.
Analyzing the SLG fundamentals
The SL Green Realty Corp [NYSE:SLG] reported sales of 908.55M for trailing twelve months, representing a surge of 32.04%. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at -0.16%, and Net Profit Margin reading is -0.16%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.04 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.44.
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 66.54 points at the first support level, and at 65.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 67.67, and for the 2nd resistance point, it is at 68.15.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 5.64, the price to book ratio is 1.31.
Transactions by insiders
Recent insider trading involved LEVINE ANDREW S, CHIEF LEGAL OFFICER & GC, that happened on Nov 25 ’24 when 45785.0 shares were sold. Officer, LEVINE ANDREW S completed a deal on Nov 25 ’24 to buy 45785.0 shares. Meanwhile, Director Brown Carol N sold 5118.0 shares on Feb 09 ’24.
