SL Green Realty Corp is part of the REITs industry and is part of the real estate sector. The company CEO is Marc Holliday. SL Green Realty Corp is a self-managed real estate investment trust which is engaged in the management, acquisition, development, and leasing of property. The company generates its revenue from tenant rents, escalations, and reimbursement.
Previous Intraday Trading Performance:
The SLG stock showed a previous change of -0.08% with an open at 92.30 and a close of 92.16. It reached an intraday high of 92.63 and a low of 91.93.
The stock has a market cap of $7.7b with 83.7m shares outstanding, of which the float is 83.3m shares. Trading volume reached 624,929 shares compared to its average volume of 675,231 shares. Based on the current average volume and close price, the trading liquidity is good.
Historical Trading Performance:
Over the last five trading days, SL Green Realty Corp shares returned -1.40% and in the past 30 trading days it returned 16.69%. Over three months, it changed -1.58%. In one year it has changed 3.04% and within that year its 52-week high was 106.54 and its 52-week low was 76.77. SLG stock is 20.05% above its 52 Week Low.
Our calculations show a 200 day moving average of 94.41 and a 50 day moving average of 87.90. Currently SLG stock is trading -2.38% below its 200 day moving average and may be a good opportunity to buy, but should check other indicators to confirm a buy signal.
The last annual fiscal EPS for the company was reported at 6.65 that ended on 31st of December 2018, which according to the previous close, that is a PE of 35.31. Based on 6 analyst estimates, the consensus EPS for the next quarter is 1.72. The TTM EPS is 6.65, which comes to a TTM PE of 13.86. Historically, the PE high was 122.50 and the PE low was 13.86. SLG stock has set a new PE low record!
The following are the last four quarter reported earnings per share:
The dividend per share is currently 3.40, which is a dividend yield of 3.69%. Also, the payout ratio is 51.13%, therefore the dividend is safe according to our calculations.
Base on our calculations, the intrinsic value per share is 74.41, which means it may be overvalued by -23.85%
Indicators to Watch:
Based on the latest filings, there is 0.40% of insider ownership and 160.80% of institutional ownership. Short-interest is 2,387,154, which is 2.85% of shares outstanding. The short-interest ratio or days-to-cover ratio is 2.74. This stock has some short interest, but it may be normal and no cause for concern if long the position.
The current calculated beta is 1.34
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Based on last reported financials, the company’s return on equity is 3.98%, return on assets is 1.74%, profit margin is 25.40%, price-to-sales is 7.24 and price-to-book is 1.36.
All scores are out of six:
1 :Valuation Score
4 :Past Performance Score
2 :Financial Strength Score
0 :Future Growth Score
5 :Dividend Score
2 :Overall Score