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.
SLG was given price targets by several analysts. The highest price target was 130, which equates to a potential upside of 25.91 percent. The minimum price target given was 106, implying potential capital losses of 2.66 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
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, while 6 analysts made negative revisions. Over the same time period, 5 analysts revised their FY earnings estimates upwards, while 3 analysts made negative revisions to their fiscal year's estimates.
SLG has an estimated earnings growth rate of 583.75 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, 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 below the high by 14.41 percent. 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 will post this quarters earnings in days, on 0000-00-00.