SL Green Realty Corp. (NYSE: SLG) is 9.96% higher on its value in year-to-date trading and has touched a low of $20.51 and a high of $55.75 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SLG stock was last observed hovering at around $48.32 in the last trading session, with the day’s gains setting it 1.35%.
Currently trading at $49.67, the stock is -4.99% and 0.72% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.33 million and changing 2.79% at the moment leaves the stock 22.23% off its SMA200. SLG registered 103.07% gain for a year compared to 6-month gain of 38.86%.
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The stock witnessed a -2.68% loss in the last 1 month and extending the period to 3 months gives it a 15.51%, and is -3.14% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.45% over the week and 3.97% over the month.
SL Green Realty Corp. (SLG) has around 1188 employees, a market worth around $3.41B and $874.89M in sales. Profit margin for the company is -66.54%. Distance from 52-week low is 142.17% and -10.91% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.47%).
The EPS is expected to grow by 90.02% this year
The shares outstanding are 64.73M, and float is at 64.72M with Short Float at 21.17%.
SL Green Realty Corp. (SLG) Insider Activity
The most recent transaction is an insider sale by Brown Carol N, the company’s Director. SEC filings show that Brown Carol N sold 5,118 shares of the company’s common stock on Feb 09 ’24 at a price of $44.37 per share for a total of $0.23 million. Following the sale, the insider now owns 0.0 shares.
SL Green Realty Corp. disclosed in a document filed with the SEC on Jan 26 ’24 that ATKINS BETSY S (Director) sold a total of 9,894 shares of the company’s common stock. The trade occurred on Jan 26 ’24 and was made at $47.25 per share for $0.47 million. Following the transaction, the insider now directly holds 6886.0 shares of the SLG stock.
Still, SEC filings show that on Jan 26 ’24, HATKOFF CRAIG M (Director) disposed off 5,100 shares at an average price of $46.75 for $0.24 million. The insider now directly holds 2,070 shares of SL Green Realty Corp. (SLG).
