5 Analysts Have This To Say About SL Green Realty

Providing a diverse range of perspectives from bullish to bearish, 5 analysts have published ratings on SL Green Realty SLG in the last three months.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $47.0, a high estimate of $58.00, and a low estimate of $37.00. Marking an increase of 5.38%, the current average surpasses the previous average price target of $44.60.

Investigating Analyst Ratings: An Elaborate Study

A clear picture of SL Green Realty's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to SL Green Realty. This offers insight into analysts' perspectives on the current state of the company.
• Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of SL Green Realty compared to the broader market.
• Price Targets: Analysts predict movements in price targets, offering estimates for SL Green Realty's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into SL Green Realty's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on SL Green Realty analyst ratings.

All You Need to Know About SL Green Realty

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.

SL Green Realty: Financial Performance Dissected

Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.

Revenue Growth: SL Green Realty's revenue growth over a period of 3 months has faced challenges. As of 31 March, 2024, the company experienced a revenue decline of approximately -23.55%. This indicates a decrease in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Real Estate sector.

Net Margin: SL Green Realty's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 6.99% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): SL Green Realty's ROE excels beyond industry benchmarks, reaching 0.37%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): SL Green Realty's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.14% ROA, the company effectively utilizes its assets for optimal returns.

Debt Management: SL Green Realty's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.34.

Understanding the Relevance of Analyst Ratings

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.