SL Green Stock Buy Hold or Sell Recommendation

SLG
 Stock
  

USD 40.61  0.80  1.93%   

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.
  
The advice is provided from SL Green's buy-and-hold perspective. Additionally, take a look at 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. We conduct extensive research on individual companies such as SL Green and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards SL Green Realty.

Execute SL Green Buy or Sell Advice

The SL Green 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

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Details

Financial Strenth (F Score)

Details

Financial Leverage

Inapplicable
Details

Reporting Quality (M-Score)

Details
For the selected time horizon SL Green Realty has a Risk Adjusted Performance of (0.02439), Jensen Alpha of (0.19), Total Risk Alpha of (0.25) and Treynor Ratio of (0.048837)
SL Green Realty trade advice module can be used to check and cross-verify current advice provided by analysts examining the firm's potential to grow using all of fundamental, technical, data market data available at this moment. 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 earning of 12.34 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

SL Green Realty generated a negative expected return over the last 90 days
Over 86.0% of the company shares are owned by institutional investors
On 15th of November 2022 SL Green paid $ 0.3108 per share dividend to its current shareholders
Latest headline from news.google.com: Morgan Stanley Adjusts Price Target on SL Green Realty to 38 From 44, Maintains Equal-Weight Rating - Marketscreener.com

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 stock 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-0.05Value At Risk-5.1
Potential Upside4.51Standard Deviation2.77
   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.

SL Green 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 originate 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.
Security TypeSharesValue
Zweigdimenna Associates LlcCommon Shares34.4 K3.5 M
Zweigdimenna Associates LlcCommon Shares34.4 K3.6 M
Zurich Insurance Group LtdCommon Shares9.5 K963 K
Zurich Insurance Group LtdCommon Shares15.6 K1.7 M
Zurich Insurance Group LtdCommon Shares16 K1.7 M
Zurich Insurance Group LtdCommon Shares22.5 K2.4 M
Zurcher Kantonalbank Zurich CantonalbankCommon Shares18.7 K752 K
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

201720182019202020212022 (projected)
Net Cash Flow from Financing(681.08 M)(1.09 B)(528.65 M)(1.48 B)(1.29 B)(1.32 B)
Net Cash Flow from Investing(18.85 M)681.66 M114.49 M1.06 B993.58 M1.07 B
Net Cash Flow from Operations548.37 M441.54 M376.47 M554.24 M255.98 M317.25 M

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 Equity Real Estate Investment Trusts (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 SL Green 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
-0.19
β
Beta against NYSE Composite1.32
σ
Overall volatility
2.79
Ir
Information ratio -0.06

SL Green Volatility Alert

SL Green Realty exhibits very low volatility with skewness of 0.35 and kurtosis of 1.3. However, we advise investors to further study SL Green Realty technical indicators to ensure that all market info is available and is reliable. 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 stocks as prices fall.

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(0.0111) %(0.31) %
Return On Asset0.007 %(0.14) %
Profit Margin(0.08) %(1.27) %
Operating Margin0.18 %(5.51) %
Current Valuation9.43 B16.62 B
Shares Outstanding64.32 M571.82 M
Shares Owned by Insiders0.37 %10.09 %
Shares Owned by Institutions85.60 %39.21 %
Number of Shares Shorted8.34 M4.71 M
Price to Earning12.34 X28.72 X
Price to Book0.58 X9.51 X
Price to Sales3.65 X11.42 X
Revenue843.99 M9.43 B
Gross Profit419.45 M27.38 B
EBITDA757.63 M3.9 B
Net Income480.63 M570.98 M
Cash and Equivalents251.42 M2.7 B
Cash per Share3.22 X5.01 X
Total Debt3.64 B5.32 B
Debt to Equity0.92 %48.70 %
Current Ratio3.08 X2.16 X
Book Value Per Share69.44 X1.93 K
Cash Flow from Operations255.98 M971.22 M
Short Ratio6.81 X4.00 X
Earnings Per Share4.35 X3.12 X
Price to Earnings To Growth1.05 X4.89 X
Target Price48.59
Number of Employees93118.84 K
Beta1.37-0.15
Market Capitalization2.62 B19.03 B
Total Asset11.07 B29.47 B
Retained Earnings1.13 B9.33 B
Working Capital552.12 M1.48 B
   Acquisition by Lauren Dillard of 812 shares of SL Green subject to Rule 16b-3 [view details]

About SL Green Buy or Sell Advice

When is the right time to buy or sell SL Green Realty? Buying financial instruments such as SL Green 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.
 2019 2020 2021 2022 (projected)
Accounts Payable166.91 M151.31 M157.57 M149.65 M
Receivables326.98 M347.3 M295.93 M318.56 M

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.

Did You Try This Idea?

Run Cars Thematic Idea Now

Cars
Cars Theme
Domestic and international companies involved in manufacturing and serving automobiles and trucks. The Cars theme has 40 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 Cars Theme or any other thematic opportunities.
View All  Next Launch
Additionally, take a look at 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Complementary Tools for analysis

When running SL Green Realty price analysis, check to measure SL Green's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SL Green is operating at the current time. Most of SL Green's value examination focuses on studying past and present price action to predict the probability of SL Green's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SL Green's price. Additionally, you may evaluate how the addition of SL Green to your portfolios can decrease your overall portfolio volatility.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
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 SL Green 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 YOY
(0.98) 
Market Capitalization
2.6 B
Quarterly Revenue Growth YOY
0.004
Return On Assets
0.007
Return On Equity
(0.0111) 
The market value of SL Green Realty is measured differently than its book value, which is the value of SL Green 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 SL Green value 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.