SL Green Realty Corp. (NYSE:SLG) went up by 7.30% from its latest closing price compared to the recent 1-year high of $94.71. The company’s stock price has collected 2.63% of gains in the last five trading sessions. MarketWatch.com reported 7 hours ago that SL Green Realty Corp. stock outperforms market on strong trading day
Is It Worth Investing in SL Green Realty Corp. (NYSE :SLG) Right Now?
SL Green Realty Corp. (NYSE:SLG) scored a price-to-earnings ratio above its average ratio, recording 28.38 x from its present earnings ratio. Plus, the 36-month beta value for SLG is at 1.60. Opinions of the stock are interesting as 3 analysts out of 16 who provided ratings for SL Green Realty Corp. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 11 rated it as “hold,” and 1 as “sell.”
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The average price from analysts is $68.02, which is $0.81 above the current price. SLG currently public float of 69.05M and currently shorts hold a 15.02% ratio of that float. Today, the average trading volume of SLG was 1.41M shares.
SLG’s Market Performance
SLG stocks went up by 2.63% for the week, with a monthly jump of 5.84% and a quarterly performance of 16.50%, while its annual performance rate touched -28.61%. The volatility ratio for the week stands at 4.51% while the volatility levels for the past 30 days are set at 3.99% for SL Green Realty Corp.. The simple moving average for the period of the last 20 days is 3.88% for SLG stocks with a simple moving average of 27.37% for the last 200 days.
Analysts’ Opinion of SLG
Many brokerage firms have already submitted their reports for SLG stocks, with Evercore ISI repeating the rating for SLG by listing it as a “In-line.” The predicted price for SLG in the upcoming period, according to Evercore ISI is $69 based on the research report published on November 25th of the previous year 2020.
Deutsche Bank, on the other hand, stated in their research note that they expect to see SLG reach a price target of $48. The rating they have provided for SLG stocks is “Hold” according to the report published on July 20th, 2020.
Morgan Stanley gave a rating of “Equal-Weight” to SLG, setting the target price at $44 in the report published on May 28th of the previous year.
SLG Trading at 7.03% from the 50-Day Moving Average
After a stumble in the market that brought SLG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.58% of loss for the given period.
Volatility was left at 3.99%, however, over the last 30 days, the volatility rate increased by 4.51%, as shares surge +6.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.10% upper at present.
During the last 5 trading sessions, SLG rose by +2.63%, which changed the moving average for the period of 200-days by +48.22% in comparison to the 20-day moving average, which settled at $64.40. In addition, SL Green Realty Corp. saw 8.78% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at SLG starting from MATHIAS ANDREW W, who sale 12,836 shares at the price of $65.00 back on Feb 16. After this action, MATHIAS ANDREW W now owns 106,133 shares of SL Green Realty Corp., valued at $834,340 using the latest closing price.
MATHIAS ANDREW W, the President of SL Green Realty Corp., sale 89,498 shares at $65.09 during a trade that took place back on Feb 12, which means that MATHIAS ANDREW W is holding 118,969 shares at $5,825,425 based on the most recent closing price.
Stock Fundamentals for SLG
Current profitability levels for the company are sitting at:
- +39.16 for the present operating margin
- +33.48 for the gross margin
The net margin for SL Green Realty Corp. stands at +35.98. The total capital return value is set at 3.58, while invested capital returns managed to touch 3.50. Equity return is now at value 4.40, with 1.70 for asset returns.
Based on SL Green Realty Corp. (SLG), the company’s capital structure generated 106.04 points at debt to equity in total, while total debt to capital is 51.47. Total debt to assets is 46.30, with long-term debt to equity ratio resting at 115.63. Finally, the long-term debt to capital ratio is 51.47.
When we switch over and look at the enterprise to sales, we see a ratio of 9.65, with the company’s debt to enterprise value settled at 0.53. The receivables turnover for the company is 7.67 and the total asset turnover is 0.09.