Currently, there are 71.74M common shares owned by the public and among those 71.64M shares have been available to trade.
The company’s stock has a 5-day price change of -2.21% and -16.17% over the past three months. SLG shares are trading -4.99% year to date (YTD), with the 12-month market performance up to 49.31% higher. It has a 12-month low price of $42.91 and touched a high of $82.81 over the same period. SLG has an average intraday trading volume of 956.80K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -1.69%, -4.87%, and -1.08% respectively.
Institutional ownership of SL Green Realty Corp (NYSE: SLG) shares accounts for 88.57% of the company’s 71.74M shares outstanding.
It has a market capitalization of $4.63B and a beta (3y monthly) value of 1.82. The stock’s trailing 12-month PE ratio is 1114.51, while the earnings-per-share (ttm) stands at $0.06. The company has a debt-to-equity ratio at 1.23. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.24% over the week and 2.87% over the month.
Earnings per share for the fiscal year are expected to decrease by -1787.91%, and 10.88% over the next financial year.
Looking at the support for the SLG, a number of firms have released research notes about the stock. JP Morgan stated their Neutral rating for the stock in a research note on December 10, 2024, with the firm’s price target at $51-$80. Compass Point coverage for the SL Green Realty Corp (SLG) stock in a research note released on September 18, 2024 offered a Neutral rating with a price target of $60. Evercore ISI was of a view on September 16, 2024 that the stock is In-line, while Citigroup gave the stock Neutral rating on September 13, 2024, issuing a price target of $44- $66. Scotiabank on their part issued Sector Perform rating on July 09, 2024.
