Short-Term Indicators Showing Strength for SL Green Realty Corp. (SLG)

ATKINS BETSY S, Director, subtracted 6,470 shares of SL Green Realty Corp. (SLG) from its portfolio at the rate of $86.08 per share valuing $556,938 on May 06. The insider left behind 3,214 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of SL Green Realty Corp. (SLG) was $81.36. Currently, the 1st Resistance Point for this stock is $81.97, with a 2nd Resistance Point sitting at $82.59. Meanwhile, this company’s stock has a 1st Support Level at $80.85 and a 2nd Support Level at $80.35. SL Green Realty Corp. (SLG) stock has lost -$0.08, or -0.10%, in the past five days. In the last full month, these shares have lost -$6.55, or -7.45%. In the past three months, this stock’s price has fallen by -$9.40, or -10.36%. This year-to-date, SL Green Realty Corp. (SLG) shares have gained $2.28, or 2.88%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For SL Green Realty Corp. (SLG) stock, 60% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 25% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 100% of long-term indicators suggest that this stock is a “ Sell .”

With 84,327 K shares outstanding, this company currently has a market capitalization of $6,881,084K. SL Green Realty Corp. (SLG) generates $1,227 M in annual sales, amounting to annual net income of $258,650 K. This stock has generated a 1-Year Total Return of -20.08%, a 3-Year Total Return of -25.47%, and a 5-year Total Return of -26.44%. This stock’s 5-Year Dividend Growth is 120.81%, with its most recent dividend valued at $0.850 per share on 06/27/19. Its Annual Dividend Yield is 4.17%, and its Annual Dividend Rate is 3.40.

In the most recently-reported fiscal quarter, which ended in Mar-19, SL Green Realty Corp. (SLG) reported earnings of $1.68 per share. Wall Street analysts, on average, were expecting the company to report earnings of $1.70 per share, representing a -0.02 difference and 1.26% surprise. In the previous quarter ending in Dec-18, the reported earnings of $1.61 represented a 0.01 difference from the consensus estimate calling for $1.60 per share, which was a 0.73% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $1.73 per share. This estimate came from a total of 9 Wall Street Analysts. Of those market experts, the high estimate was $1.80 and the low estimate was $1.70. In the year-ago quarter, SL Green Realty Corp. (SLG) generated per-share earnings of $1.69. If the analysts are correct about the current quarter’s earnings, the growth will be +2.37% .

Turning our focus now to insider trading activity, there have been 1 purchases (69 shares in total) and 1 sale (6,470 shares in total) in the last 3 months. In the last 6 months, there have been 5 insider buys amounting to 11,875 shares and 3 insider sales amounting to 11,054 shares. In the past full year, 11 insider purchases were made (involving 222,002 shares) and 16 insider sell-offs equivalent to 222,584 shares.

Looking at this company’s capital structure, its Total Debt to Total Equity is 90.06, its Total Debt to Total Capital is 47.38, and its Total Debt to Total Assets is now 43.80. Looking even further ahead into the future, its Long-Term Debt to Equity is 97.70 and its Long-Term Debt to Total Capital is 47.08.