A new trading day began on Monday, with SL Green Realty Corp. (NYSE: SLG) stock price down -2.50% from the previous day of trading, before settling in for the closing price of $78.77. SLG’s price has ranged from $28.55 to $79.08 over the past 52 weeks.
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Real Estate Sector giant saw their annual sales slid by -4.01% over the last five years. Meanwhile, its annual earnings per share averaged 91.86%. With a float of $64.74 million, this company’s outstanding shares have now reached $64.81 million.
The firm has a total of 1188 workers. Let’s measure their productivity. In terms of profitability, gross margin is 53.69%, operating margin of 27.99%, and the pretax margin is -19.13%.
SL Green Realty Corp. (SLG) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Office Industry. The insider ownership of SL Green Realty Corp. is 0.11%, while institutional ownership is 93.31%. The most recent insider transaction that took place on Feb 09 ’24, was worth 227,086. In this transaction Director of this company sold 5,118 shares at a rate of $44.37, taking the stock ownership to the 0 shares. Before that another transaction happened on Jan 26 ’24, when Company’s Director sold 5,100 for $46.75, making the entire transaction worth $238,425. This insider now owns 2,070 shares in total.
SL Green Realty Corp. (SLG) Recent Fiscal highlights
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -2.45 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.49 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 91.86% per share during the next fiscal year.
SL Green Realty Corp. (NYSE: SLG) Trading Performance Indicators
Here are SL Green Realty Corp.’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.57. Likewise, its price to free cash flow for the trailing twelve months is 61.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.52, a number that is poised to hit -0.43 in the next quarter and is forecasted to reach -2.00 in one year’s time.
Technical Analysis of SL Green Realty Corp. (SLG)
Analysing the last 5-days average volume posted by the [SL Green Realty Corp., SLG], we can find that recorded value of 0.89 million was lower than the volume posted last year of 0.99 million. As of the previous 9 days, the stock’s Stochastic %D was 91.93%. Additionally, its Average True Range was 2.19.
During the past 100 days, SL Green Realty Corp.’s (SLG) raw stochastic average was set at 92.23%, which indicates a significant increase from 83.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.59% in the past 14 days, which was lower than the 33.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $67.76, while its 200-day Moving Average is $56.18. Now, the first resistance to watch is $78.18. This is followed by the second major resistance level at $79.57. The third major resistance level sits at $80.44. If the price goes on to break the first support level at $75.92, it is likely to go to the next support level at $75.05. Now, if the price goes above the second support level, the third support stands at $73.66.
SL Green Realty Corp. (NYSE: SLG) Key Stats
With a market capitalization of 4.98 billion, the company has a total of 65,859K Shares Outstanding. Currently, annual sales are 913,710 K while annual income is -557,300 K. The company’s previous quarter sales were 222,820 K while its latest quarter income was 3,980 K.
