Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
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Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
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Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
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7 analysts have expressed a variety of opinions on SL Green Realty (NYSE:SLG) over the past quarter, offering a diverse set of opinions from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 0 | 0 | 3 | 3 | 1 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 0 | 0 | 2 | 1 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 1 |
3M Ago | 0 | 0 | 0 | 2 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $47.71, a high estimate of $55.00, and a low estimate of $37.00. Surpassing the previous average price target of $43.57, the current average has increased by 9.5%.
The standing of SL Green Realty among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Michael Lewis | Truist Securities | Raises | Hold | $55.00 | $47.00 |
Anthony Powell | Barclays | Raises | Equal-Weight | $49.00 | $48.00 |
Nicholas Yulico | Scotiabank | Raises | Sector Perform | $53.00 | $43.00 |
Steve Sakwa | Evercore ISI Group | Raises | Underperform | $49.00 | $47.00 |
Nicholas Joseph | Citigroup | Raises | Sell | $37.00 | $31.00 |
Anthony Paolone | JP Morgan | Raises | Underweight | $44.00 | $43.00 |
Steve Sakwa | Evercore ISI Group | Raises | Underperform | $47.00 | $46.00 |
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of SL Green Realty's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on SL Green Realty analyst ratings.
SL Green Realty is one of the largest Manhattan property owners and landlords, with interest in around 33 million square feet of wholly owned and joint-venture office space. The company has additional property exposure through its limited portfolio of well-located retail space. It operates as a real estate investment trust.
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Negative Revenue Trend: Examining SL Green Realty's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -23.55% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Real Estate sector.
Net Margin: SL Green Realty's net margin is impressive, surpassing industry averages. With a net margin of 6.99%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 0.37%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): SL Green Realty's ROA stands out, surpassing industry averages. With an impressive ROA of 0.14%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: With a below-average debt-to-equity ratio of 1.34, SL Green Realty adopts a prudent financial strategy, indicating a balanced approach to debt management.
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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