Analyst Ratings for SL Green Realty Corp. (SLG)Updated: 2017-07-29
Analysts covering SL Green Realty Corp. (NYSE:SLG) have given it a consensus rating of Overweight. Last month, SLG received an average rating of Overweight.
10 analysts declared SLG a buy, 1 gave an overweight rating, 10 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Investment analysts gave a few price targets for SLG. The maximum price target given was 130, which equates to a potential upside of 25.91 percent. The most pessimistic analyst gave a price target of 106, which equates to a potential downside of 2.66 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -17.28 percent. The average change in earnings estimates over the last 90 days is -5.88 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.58 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 14.23 percent.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 6 analysts that decreased their estimates. Also over the last month, 5 analysts increased their estimates for the FY earnings, compared to 3 analysts that revised their FY estimates downwards.
The growth rate of SLG's earnings is estimated by analysts to be 583.75 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of SLG is 0.19.
In the last 52-weeks, SLG has achieved a high of 120.63 and a low of 93.90. Currently the stock is 9.96 percent higher than its low, and 14.41 percent lower than its 52-week high. SLG has a price/earnings ratio of 108.17. Investors typically compare the P/E ratio to a company's peers in the industry. The SLG value stock report compares SLG to some of its peers using value stock charts. The stock has a market capitalization of $10.11 billion. SLG is estimated to release their earnings results for the quarter on 0000-00-00, days from today.