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The price of SL Green Realty Corp. (NYSE: SLG) closed at $77.47 in the last session, up 2.50% from day before closing price of $75.58. In other words, the price has increased by $2.50 from its previous closing price. On the day, 0.63 million shares were traded. SLG stock price reached its highest trading level at $77.85 during the session, while it also had its lowest trading level at $75.68.
Ratios:
We take a closer look at SLG’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 61.87. In the meantime, Its Debt-to-Equity ratio is 1.44 whereas as Long-Term Debt/Eq ratio is at 1.44.
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, Compass Point on September 18, 2024, Upgraded its rating to Neutral and sets its target price to $60 from $35 previously.
On September 16, 2024, Evercore ISI Upgraded its rating to In-line which previously was Underperform and also upped its target price recommendation from $55 to $66.
Citigroup Upgraded its Sell to Neutral on September 13, 2024, whereas the target price for the stock was revised from $44 to $66.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 09 ’24 when Brown Carol N sold 5,118 shares for $44.37 per share. The transaction valued at 227,086 led to the insider holds 0 shares of the business.
HATKOFF CRAIG M sold 5,100 shares of SLG for $238,425 on Jan 26 ’24. The Director now owns 2,070 shares after completing the transaction at $46.75 per share. On Jan 26 ’24, another insider, ATKINS BETSY S, who serves as the Director of the company, sold 9,894 shares for $47.25 each. As a result, the insider received 467,492 and left with 6,886 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 5077469184 and an Enterprise Value of 10354166784. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.62 while its Price-to-Book (P/B) ratio in mrq is 1.52. Its current Enterprise Value per Revenue stands at 11.253 whereas that against EBITDA is 24.943.
Stock Price History:
Over the past 52 weeks, SLG has reached a high of $79.08, while it has fallen to a 52-week low of $28.55. The 50-Day Moving Average of the stock is 12.85%, while the 200-Day Moving Average is calculated to be 36.74%.
Shares Statistics:
According to the various share statistics, SLG traded on average about 723.19K shares per day over the past 3-months and 782660 shares per day over the past 10 days. A total of 64.81M shares are outstanding, with a floating share count of 64.74M. Insiders hold about 0.11% of the company’s shares, while institutions hold 92.96% stake in the company. Shares short for SLG as of 1727654400 were 9038075 with a Short Ratio of 12.50, compared to 1724976000 on 9816113. Therefore, it implies a Short% of Shares Outstanding of 9038075 and a Short% of Float of 21.51.
Dividends & Splits
The forward annual dividend rate for SLG is 3.04, which was 3.041 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.04023551The stock’s 5-year Average Dividend Yield is 6.93.
