On Friday, SL Green Realty Corp (NYSE: SLG) was 0.61% up from the session before settling in for the closing price of $79.15. A 52-week range for SLG has been $32.78 – $82.81.
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It was noted that within the last five years, the titan of the Real Estate sector saw sales slided by -4.01%. When this article was written, the company’s average yearly earnings per share was at 93.90%. With a float of $66.62 million, this company’s outstanding shares have now reached $66.68 million.
The extent of productivity of a business whose workforce counts for 1188 workers is very important to gauge. In terms of profitability, gross margin is 43.79%, operating margin of 22.84%, and the pretax margin is -18.19%.
SL Green Realty Corp (SLG) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward SL Green Realty Corp stocks. The insider ownership of SL Green Realty Corp is 0.09%, while institutional ownership is 88.17%. 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) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.92 earnings per share (EPS) during the time that was less than consensus figure (set at -0.81) by -0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.38 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 93.90% per share during the next fiscal year.
SL Green Realty Corp (NYSE: SLG) Trading Performance Indicators
You can see what SL Green Realty Corp (SLG) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.18. Likewise, its price to free cash flow for the trailing twelve months is 252.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.53, a number that is poised to hit -0.41 in the next quarter and is forecasted to reach -1.98 in one year’s time.
Technical Analysis of SL Green Realty Corp (SLG)
The latest stats from [SL Green Realty Corp, SLG] show that its last 5-days average volume of 1.03 million was superior to 0.97 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 56.74%. Additionally, its Average True Range was 2.34.
During the past 100 days, SL Green Realty Corp’s (SLG) raw stochastic average was set at 88.59%, which indicates a significant increase from 62.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.54% in the past 14 days, which was lower than the 33.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $73.89, while its 200-day Moving Average is $60.07. Now, the first resistance to watch is $80.44. This is followed by the second major resistance level at $81.26. The third major resistance level sits at $81.71. If the price goes on to break the first support level at $79.17, it is likely to go to the next support level at $78.72. The third support level lies at $77.90 if the price breaches the second support level.
SL Green Realty Corp (NYSE: SLG) Key Stats
There are 65,925K outstanding shares of the company, which has a market capitalization of 5.62 billion. As of now, sales total 913,710 K while income totals -557,300 K. Its latest quarter income was 229,690 K while its last quarter net income were -7,370 K.
