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After finishing at $65.66 in the prior trading day, SL Green Realty Corp (NYSE: SLG) closed at $64.54, down -1.71%. In other words, the price has decreased by -$1.71 from its previous closing price. On the day, 0.72 million shares were traded. SLG stock price reached its highest trading level at $65.33 during the session, while it also had its lowest trading level at $63.76.
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 15.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 220.98. In the meantime, Its Debt-to-Equity ratio is 1.44 whereas as Long-Term Debt/Eq ratio is at 1.31.
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 Nov 25 ’24 when LEVINE ANDREW S sold 45,785 shares for $79.69 per share. The transaction valued at 3,648,463 led to the insider holds 8,104 shares of the business.
LEVINE ANDREW S bought 45,785 shares of SLG for $3,668,294 on Nov 25 ’24. On Feb 09 ’24, another insider, Brown Carol N, who serves as the Director of the company, sold 5,118 shares for $44.37 each. As a result, the insider received 227,086 and left with 0 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 4649952256 and an Enterprise Value of 9547790336. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.41 while its Price-to-Book (P/B) ratio in mrq is 1.26. Its current Enterprise Value per Revenue stands at 10.377 whereas that against EBITDA is 23.225.
Stock Price History:
Over the past 52 weeks, SLG has reached a high of $82.81, while it has fallen to a 52-week low of $41.81. The 50-Day Moving Average of the stock is -12.91%, while the 200-Day Moving Average is calculated to be 1.60%.
Shares Statistics:
The stock has traded on average 917.32K shares per day over the past 3-months and 771970 shares per day over the last 10 days, according to various share statistics. A total of 71.74M shares are outstanding, with a floating share count of 71.68M. Insiders hold about 0.09% of the company’s shares, while institutions hold 81.99% stake in the company. Shares short for SLG as of 1734048000 were 6955878 with a Short Ratio of 7.58, compared to 1731628800 on 6921939. Therefore, it implies a Short% of Shares Outstanding of 6955878 and a Short% of Float of 14.21.
Dividends & Splits
In the trailing 12 months, SLG’s forward annual dividend rate was 3.042, compared to 3.01 this year. Against a Trailing Annual Dividend Yield of 0.046329577The stock’s 5-year Average Dividend Yield is 6.94.
