SL Green Realty Corp [SLG] stock is trading at $65.64, down -0.30%. An important factor to consider is whether the stock is rising or falling in short-term value. The SLG shares have gain 2.23% over the last week, with a monthly amount drifted -4.01%, 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.
SL Green Realty Corp [SLG] stock has fluctuated 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 $65.64 at the most recent close of the market. An investor can expect a potential return of 11.21% based on the average SLG price forecast.
Analyzing the SLG fundamentals
SL Green Realty Corp [NYSE:SLG] reported sales of 930.64M for the trailing twelve months, which represents a growth of 9.87%. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.23.
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 64.92 points at the first support level, and at 64.19 for the second support level. However, for the 1st resistance point, the stock is sitting at 66.27, and for the 2nd resistance point, it is at 66.89.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 5.38, the price to book ratio is 1.23 and price to earnings (TTM) ratio is 1133.68.
Transactions by insiders
Recent insider trading involved HATKOFF CRAIG M, Director, that happened on Jan 24 ’25 when 3455.0 shares were sold. Director, HATKOFF CRAIG M completed a deal on Jan 24 ’25 to buy 3455.0 shares. Meanwhile, CHIEF LEGAL OFFICER & GC LEVINE ANDREW S sold 45785.0 shares on Nov 25 ’24.
