On Monday, SL Green Realty Corp (NYSE: SLG) was -3.13% drop from the session before settling in for the closing price of $78.19. A 52-week range for SLG has been $36.10 – $82.81.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Real Estate sector was -4.01%. When this article was written, the company’s average yearly earnings per share was at 93.90%. With a float of $71.68 million, this company’s outstanding shares have now reached $71.74 million.
Considering the fact that the conglomerate employs 1188 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 49.43%, operating margin of 20.47%, and the pretax margin is -16.3%.
SL Green Realty Corp (SLG) Insider Activity
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 81.94%. The most recent insider transaction that took place on Nov 25 ’24, was worth 3,648,463. In this transaction CHIEF LEGAL OFFICER & GC of this company sold 45,785 shares at a rate of $79.69, taking the stock ownership to the 8,104 shares. Before that another transaction happened on Nov 25 ’24, when Company’s Officer proposed sale 45,785 for $80.12, making the entire transaction worth $3,668,294.
SL Green Realty Corp (SLG) Earnings and Forecasts
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 6.35. Likewise, its price to free cash flow for the trailing twelve months is 259.33.
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)
Compared to the last year’s volume of 0.98 million, its volume of 1.72 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 44.71%. Additionally, its Average True Range was 2.24.
During the past 100 days, SL Green Realty Corp’s (SLG) raw stochastic average was set at 72.32%, which indicates a significant increase from 18.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.36% in the past 14 days, which was lower than the 31.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $74.57, while its 200-day Moving Average is $60.90. Nevertheless, the first resistance level for the watch stands at $77.62 in the near term. At $79.49, the stock is likely to face the second major resistance level. The third major resistance level sits at $80.61. If the price goes on to break the first support level at $74.63, it is likely to go to the next support level at $73.51. Should the price break the second support level, the third support level stands at $71.64.
SL Green Realty Corp (NYSE: SLG) Key Stats
There are 65,925K outstanding shares of the company, which has a market capitalization of 5.77 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.
