Assessing SL Green Realty: Insights From 10 Financial Analysts
Portfolio Pulse from Benzinga Insights
SL Green Realty (NYSE:SLG) has been evaluated by 10 analysts over the last three months, with ratings ranging from bullish to bearish. The average 12-month price target is $42.7, up 5.96% from the previous $40.30. Analysts from firms like Goldman Sachs, Piper Sandler, Barclays, BMO Capital, and Truist Securities have updated their ratings and price targets, reflecting changes in market dynamics and company performance. SL Green Realty, a large Manhattan property owner, has seen a -18.47% decline in revenue growth and has a net margin of -13.84%, ROE of -0.62%, and ROA of -0.24%, with a debt-to-equity ratio of 1.14.
January 11, 2024 | 7:00 pm
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NEUTRAL IMPACT
SL Green Realty has received mixed analyst ratings with a recent bearish trend, but the average price target suggests a potential upside. The company's financials show a revenue decline but strong net margin and ROE.
The mixed analyst ratings with a recent increase in bearish sentiment could create uncertainty among investors, potentially leading to a neutral short-term impact on SLG's stock price. However, the higher average price target suggests optimism about the company's future, which could counterbalance the negative revenue trend. The company's strong net margin and ROE indicate financial resilience, which might support the stock price. The debt-to-equity ratio below industry average is also a positive sign for investors.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100