While SL Green Realty Corp. has overperformed by 2.30%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, SLG rose by 97.67%, with highs and lows ranging from $68.92 to $28.55, whereas the simple moving average jumped by 29.36% in the last 200 days.
On July 09, 2024, Scotiabank Upgraded SL Green Realty Corp. (NYSE: SLG) to Sector Perform. A report published by BMO Capital Markets on April 18, 2024, Upgraded its rating to ‘Outperform’ for SLG. Barclays also Upgraded SLG shares as ‘Equal Weight’, setting a target price of $48 on the company’s shares in a report dated March 27, 2024. Deutsche Bank initiated its ‘Hold’ rating for SLG, as published in its report on January 30, 2024. Truist’s report from January 16, 2024 suggests a price prediction of $47 for SLG shares, giving the stock a ‘Hold’ rating. Compass Point also rated the stock as ‘Sell’.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Analysis of SL Green Realty Corp. (SLG)
Investors in SL Green Realty Corp. will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $3.08 per share. Further, the quarter-over-quarter increase in sales is 2.01%, showing a positive trend in the upcoming months.
One of the most important indicators of SL Green Realty Corp.’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of -3.65% is sufficient for you to turn a profit off your investment.
For any stock, average volume can also provide valuable insight into volatility, and SLG is recording 844.03K average volume. On a monthly basis, the volatility of the stock is set at 4.43%, whereas on a weekly basis, it is put at 2.79%, with a gain of 2.25% over the past seven days. Furthermore, long-term investors anticipate a median target price of $54.53, showing decline from the present price of $63.71, which can serve as yet another indication of whether SLG is worth investing in or should be passed over.
How Do You Analyze SL Green Realty Corp. Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.11%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 96.09% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
SLG shares are owned by institutional investors to the tune of 96.09% at present.
