SL Green Realty Corp (NYSE: SLG) on Friday, soared 0.08% from the previous trading day, before settling in for the closing price of $64.48. Within the past 52 weeks, SLG’s price has moved between $42.91 and $82.81.
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A company in the Real Estate sector has dropped its sales by -5.71% annually for the last half of the decade. The company achieved an average annual earnings per share of -1787.91%. With a float of $71.64 million, this company’s outstanding shares have now reached $71.74 million.
In an organization with 1188 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 52.75%, operating margin of 27.05%, and the pretax margin is 2.64%.
SL Green Realty Corp (SLG) Insider and Institutional Ownership
Observing investor behavior towards REIT – Office industry stocks is more important than anything else. The insider ownership of SL Green Realty Corp is 0.09%, while institutional ownership is 88.57%. The most recent insider transaction that took place on Jan 24 ’25, was worth 229,066. In this transaction Director of this company sold 3,455 shares at a rate of $66.30, taking the stock ownership to the 2,052 shares. Before that another transaction happened on Jan 24 ’25, when Company’s Director proposed sale 3,455 for $66.21, making the entire transaction worth $228,753.
SL Green Realty Corp (SLG) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.26 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -1787.91% per share during the next fiscal year.
SL Green Realty Corp (NYSE: SLG) Trading Performance Indicators
SL Green Realty Corp (SLG) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.97. Likewise, its price to free cash flow for the trailing twelve months is 207.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.06, a number that is poised to hit -0.44 in the next quarter and is forecasted to reach -1.20 in one year’s time.
Technical Analysis of SL Green Realty Corp (SLG)
Let’s dig in a bit further. During the last 5-days, its volume was 0.7 million. That was inferior than the volume of 0.78 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 33.30%. Additionally, its Average True Range was 2.01.
During the past 100 days, SL Green Realty Corp’s (SLG) raw stochastic average was set at 18.61%, which indicates a significant decrease from 34.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.49% in the past 14 days, which was higher than the 31.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $67.84, while its 200-day Moving Average is $65.23. However, in the short run, SL Green Realty Corp’s stock first resistance to watch stands at $65.26. Second resistance stands at $65.99. The third major resistance level sits at $66.42. If the price goes on to break the first support level at $64.10, it is likely to go to the next support level at $63.67. The third support level lies at $62.94 if the price breaches the second support level.
SL Green Realty Corp (NYSE: SLG) Key Stats
Market capitalization of the company is 4.63 billion based on 65,925K outstanding shares. Right now, sales total 886,270 K and income totals 30,650 K. The company made 245,880 K in profit during its latest quarter, and 15,250 K in sales during its previous quarter.
