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After finishing at $57.58 in the prior trading day, SL Green Realty Corp (NYSE: SLG) closed at $55.58, down -3.47%. In other words, the price has decreased by -$3.47 from its previous closing price. On the day, 1.26 million shares were traded. SLG stock price reached its highest trading level at $57.91 during the session, while it also had its lowest trading level at $55.305.
Ratios:
Our goal is to gain a better understanding of SLG by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 52.99. In the meantime, Its Debt-to-Equity ratio is 1.24 whereas as Long-Term Debt/Eq ratio is at 1.13.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on December 10, 2024, Upgraded its rating to Neutral and sets its target price to $80 from $51 previously.
On September 18, 2024, Compass Point Upgraded its rating to Neutral which previously was Sell and also upped its target price recommendation from $35 to $60.
Evercore ISI Upgraded its Underperform to In-line on September 16, 2024, whereas the target price for the stock was revised from $55 to $66.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 24 ’25 when HATKOFF CRAIG M sold 3,455 shares for $66.30 per share. The transaction valued at 229,066 led to the insider holds 2,052 shares of the business.
HATKOFF CRAIG M bought 3,455 shares of SLG for $228,753 on Jan 24 ’25. On Nov 25 ’24, another insider, LEVINE ANDREW S, who serves as the CHIEF LEGAL OFFICER & GC of the company, sold 45,785 shares for $79.69 each. As a result, the insider received 3,648,463 and left with 8,104 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SLG now has a Market Capitalization of 4197101568 and an Enterprise Value of 9677091840. As of this moment, SL’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1153.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.56 while its Price-to-Book (P/B) ratio in mrq is 1.06. Its current Enterprise Value per Revenue stands at 13.696 whereas that against EBITDA is 57.162.
Stock Price History:
The Beta on a monthly basis for SLG is 1.61, which has changed by 0.100158334 over the last 52 weeks, in comparison to a change of 0.07903516 over the same period for the S&P500. Over the past 52 weeks, SLG has reached a high of $82.81, while it has fallen to a 52-week low of $47.22. The 50-Day Moving Average of the stock is -13.65%, while the 200-Day Moving Average is calculated to be -15.96%.
Shares Statistics:
The stock has traded on average 843.41K shares per day over the past 3-months and 990660 shares per day over the last 10 days, according to various share statistics. A total of 71.10M shares are outstanding, with a floating share count of 70.94M. Insiders hold about 6.05% of the company’s shares, while institutions hold 84.35% stake in the company. Shares short for SLG as of 1740700800 were 5956301 with a Short Ratio of 7.06, compared to 1738281600 on 6550824. Therefore, it implies a Short% of Shares Outstanding of 5956301 and a Short% of Float of 12.350000399999999.
Dividends & Splits
In the trailing 12 months, SLG’s forward annual dividend rate was 3.008, compared to 3.02 this year. Against a Trailing Annual Dividend Yield of 0.052240357The stock’s 5-year Average Dividend Yield is 6.96. The current Payout Ratio is 3826.34% for SLG, which recently paid a dividend on 2025-02-28 with an ex-dividend date of 1740700800. Stock splits for the company last occurred on 2022-01-24 when the company split stock in a 97:100 ratio.
