Sl Green Realty Stock Buy Hold or Sell Recommendation

SLG Stock  USD 55.13  1.39  2.59%   
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding SL Green Realty is 'Hold'. Macroaxis provides SL Green buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SL Green positions. The advice algorithm takes into account all of SL Green's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting SL Green's buy or sell advice are summarized below:
Real Value
51.8
Target Price
34.07
Hype Value
55.13
Market Value
55.13
Naive Value
53.11
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell SL Green Realty given historical horizon and risk tolerance towards SL Green. When Macroaxis issues a 'buy' or 'sell' recommendation for SL Green Realty, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out SL Green Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as SLG and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards SL Green Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Execute SL Green Buy or Sell Advice

The SLG recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on SL Green Realty. Macroaxis does not own or have any residual interests in SL Green Realty or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute SL Green's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell SL GreenBuy SL Green
Hold

Market Performance

GoodDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Hyperactively responds to market trendsDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

HoldDetails

Reporting Quality (M-Score)

UnavailableDetails
For the selected time horizon SL Green Realty has a Risk Adjusted Performance of 0.0785, Jensen Alpha of (0.06), Total Risk Alpha of (0.27), Sortino Ratio of 0.0808 and Treynor Ratio of 0.1068
Our trade advice module provides unbiased advice that can be used to complement current average analyst sentiment on SL Green. Our trade advice engine provides an advice for the company potential to grow from the perspective of an investor's risk tolerance and investing horizon. To make sure SL Green Realty is not overpriced, please validate all SL Green Realty fundamentals, including its shares outstanding, net income, price to earnings to growth, as well as the relationship between the price to book and current ratio . Given that SL Green Realty has a price to book of 1.00 X, we advise you to double-check SL Green market performance and probability of bankruptcy to ensure the company can sustain itself this quarter and beyond given your latest risk tolerance and investing horizon.

SL Green Trading Alerts and Improvement Suggestions

The company reported the last year's revenue of 913.71 M. Reported Net Loss for the year was (557.3 M) with profit before taxes, overhead, and interest of 424.15 M.
Over 94.0% of the company shares are owned by institutional investors
On 15th of March 2024 SL Green paid $ 0.25 per share dividend to its current shareholders
Latest headline from cnbc.com: Jim Cramers top 10 things to watch in the stock market Thursday

SL Green Returns Distribution Density

The distribution of SL Green's historical returns is an attempt to chart the uncertainty of SL Green's future price movements. The chart of the probability distribution of SL Green daily returns describes the distribution of returns around its average expected value. We use SL Green Realty price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of SL Green returns is essential to provide solid investment advice for SL Green.
Mean Return
0.34
Value At Risk
-3.74
Potential Upside
5.42
Standard Deviation
2.69
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of SL Green historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

SLG Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as SL Green is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading SL Green Realty backward and forwards among themselves. SL Green's institutional investor refers to the entity that pools money to purchase SL Green's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Charles Schwab Investment Management Inc2023-12-31
M
Moore Capital Management, Lp2023-12-31
984.8 K
Dimensional Fund Advisors, Inc.2023-12-31
896.7 K
Bank Of New York Mellon Corp2023-12-31
825 K
Northern Trust Corp2023-12-31
787 K
Ldr Capital Management, Llc2023-12-31
702.1 K
T. Rowe Price Associates, Inc.2023-12-31
641.1 K
Adage Capital Partners Gp Llc2023-12-31
505.5 K
Nuveen Asset Management, Llc2023-12-31
480.1 K
Blackrock Inc2023-12-31
12.4 M
Vanguard Group Inc2023-12-31
10.3 M
Note, although SL Green's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

SL Green Cash Flow Accounts

201920202021202220232024 (projected)
Change In Cash(37.7M)131.4M(35.8M)47.1M(48.5M)(46.1M)
Free Cash Flow148.2M554.2M256.0M276.1M(30.2M)(28.7M)
Depreciation284.0M325.5M228.3M223.1M247.8M251.5M
Other Non Cash Items(86.3M)(264.8M)(332.5M)168.8M536.0M562.9M
Dividends Paid306.4M294.0M271.1M262.1M(230.9M)(219.4M)
Capital Expenditures228.3M86.8M152.8M64.5M259.7M246.7M
Net Income291.5M414.8M480.6M(76.3M)(557.3M)(529.4M)
End Period Cash Flow241.4M372.8M337.0M384.1M335.5M212.5M
Change To Inventory(22.0M)(36.1M)(21.6M)2.1M1.9M2.0M
Investments158.6M1.2B1.3B599.2M424.2M714.9M
Change Receivables2.8M(15.6M)(29.3M)21.0M24.2M25.4M
Net Borrowings241.7M(455.0M)(669.1M)(258.5M)(232.6M)(221.0M)
Change To Netincome(37.7M)(149.7M)(163.5M)131.9M151.7M159.3M

SL Green Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to SL Green or Diversified REITs sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that SL Green's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a SLG stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.06
β
Beta against NYSE Composite3.10
σ
Overall volatility
2.68
Ir
Information ratio 0.08

SL Green Volatility Alert

SL Green Realty currently demonstrates below-average downside deviation. It has Information Ratio of 0.08 and Jensen Alpha of -0.06. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure SL Green's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact SL Green's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

SL Green Implied Volatility

SL Green's implied volatility exposes the market's sentiment of SL Green Realty stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if SL Green's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that SL Green stock will not fluctuate a lot when SL Green's options are near their expiration.

SL Green Fundamentals Vs Peers

Comparing SL Green's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze SL Green's direct or indirect competition across all of the common fundamentals between SL Green and the related equities. This way, we can detect undervalued stocks with similar characteristics as SL Green or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of SL Green's fundamental indicators could also be used in its relative valuation, which is a method of valuing SL Green by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare SL Green to competition
FundamentalsSL GreenPeer Average
Return On Equity-0.13-0.31
Return On Asset4.0E-4-0.14
Profit Margin(0.65) %(1.27) %
Operating Margin(0.1) %(5.51) %
Current Valuation7.99 B16.62 B
Shares Outstanding64.8 M571.82 M
Shares Owned By Insiders0.11 %10.09 %
Shares Owned By Institutions93.76 %39.21 %
Number Of Shares Shorted14.06 M4.71 M
Price To Earning12.34 X28.72 X
Price To Book1.00 X9.51 X
Price To Sales4.29 X11.42 X
Revenue913.71 M9.43 B
Gross Profit424.15 M27.38 B
EBITDA298.92 M3.9 B
Net Income(557.3 M)570.98 M
Cash And Equivalents203.27 M2.7 B
Cash Per Share3.22 X5.01 X
Total Debt4.42 B5.32 B
Debt To Equity0.92 %48.70 %
Current Ratio3.08 X2.16 X
Book Value Per Share55.07 X1.93 K
Cash Flow From Operations229.5 M971.22 M
Short Ratio11.77 X4.00 X
Earnings Per Share(9.12) X3.12 X
Price To Earnings To Growth0.95 X4.89 X
Target Price43.12
Number Of Employees1.19 K18.84 K
Beta1.67-0.15
Market Capitalization3.59 B19.03 B
Total Asset9.53 B29.47 B
Retained Earnings(151.55 M)9.33 B
Working Capital(224.98 M)1.48 B
Note: Acquisition by Andrew Mathias of 5117 shares of SL Green subject to Rule 16b-3 [view details]

SL Green Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as SLG . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About SL Green Buy or Sell Advice

When is the right time to buy or sell SL Green Realty? Buying financial instruments such as SLG Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total5.0B6.5B4.4B4.5B
Total Assets11.1B12.4B9.5B9.9B

Use Investing Ideas to Build Portfolios

In addition to having SL Green in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Global Macro ETFs theme has 21 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Global Macro ETFs Theme or any other thematic opportunities.
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When determining whether SL Green Realty is a strong investment it is important to analyze SL Green's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SL Green's future performance. For an informed investment choice regarding SLG Stock, refer to the following important reports:
Check out SL Green Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

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Is SL Green's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SL Green. If investors know SLG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SL Green listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.98)
Dividend Share
3.229
Earnings Share
(9.12)
Revenue Per Share
13.12
Quarterly Revenue Growth
(0.09)
The market value of SL Green Realty is measured differently than its book value, which is the value of SLG that is recorded on the company's balance sheet. Investors also form their own opinion of SL Green's value that differs from its market value or its book value, called intrinsic value, which is SL Green's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SL Green's market value can be influenced by many factors that don't directly affect SL Green's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SL Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if SL Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SL Green's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.