Beyond The Numbers: 13 Analysts Discuss SL Green Realty Stock

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SL Green Realty SLG has been analyzed by 13 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 2 11 0 0
Last 30D 0 0 2 0 0
1M Ago 0 0 1 0 0
2M Ago 0 2 3 0 0
3M Ago 0 0 5 0 0

In the assessment of 12-month price targets, analysts unveil insights for SL Green Realty, presenting an average target of $73.46, a high estimate of $90.00, and a low estimate of $50.00. Witnessing a positive shift, the current average has risen by 21.18% from the previous average price target of $60.62.

price target chart

Deciphering Analyst Ratings: An In-Depth Analysis

An in-depth analysis of recent analyst actions unveils how financial experts perceive SL Green Realty. The following summary 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
Nicholas Yulico Scotiabank Raises Sector Perform $81.00 $80.00
Anthony Paolone JP Morgan Raises Neutral $80.00 $51.00
Jonathan Petersen Jefferies Raises Hold $72.00 $70.00
Nicholas Yulico Scotiabank Raises Sector Perform $80.00 $68.00
Anthony Powell Barclays Raises Equal-Weight $78.00 $66.00
Alexander Goldfarb Piper Sandler Raises Overweight $90.00 $75.00
Steve Sakwa Evercore ISI Group Raises In-Line $79.00 $67.00
John Kim BMO Capital Raises Outperform $87.00 $72.00
Anthony Powell Barclays Raises Equal-Weight $66.00 $58.00
Ronald Josey Morgan Stanley Raises Equal-Weight $50.00 $47.00
Floris Van Dijkum Compass Point Raises Neutral $60.00 $35.00
Steve Sakwa Evercore ISI Group Raises In-Line $66.00 $55.00
Nicholas Joseph Citigroup Raises Neutral $66.00 $44.00

Key Insights:

  • Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to SL Green Realty. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of SL Green Realty compared to the broader market.
  • Price Targets: Understanding forecasts, analysts offer estimates for SL Green Realty's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

To gain a panoramic view of SL Green Realty's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on SL Green Realty analyst ratings.

Delving into SL Green Realty's Background

SL Green Realty is one of the largest Manhattan property owners and landlords, with interest in around 32 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.

Financial Milestones: SL Green Realty's Journey

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.

Revenue Growth: SL Green Realty's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 9.28%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher 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 -5.78%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): SL Green Realty's ROE stands out, surpassing industry averages. With an impressive ROE of -0.39%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): SL Green Realty's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -0.13% ROA, the company effectively utilizes its assets for optimal returns.

Debt Management: SL Green Realty's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.6, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

What Are Analyst Ratings?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

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

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