After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for SL Green Realty Corp. (SLG) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $40.56. The SL Green Realty Corp. has recorded 30,459 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Jaguar Global Growth Corporation I and GLAAM Provide Updates on Proposed Business Combination.
Top 5 EV Tech Stocks to Buy for 2023
The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".
Click Here to Download the FREE Report.
Sponsored
Stocks Info
The company is listed on the NYSE and operates within the REIT – Office industry segment. At the end of the last regular session, the stock closed at $40.56 and fluctuated between $41.28 as its day high and $40.04 as its day low. The current market capitalization of SL Green Realty Corp. is $2.56B. A total of 1.52 million shares were traded on the day, compared to an average of 2.24M shares.
Insider Activity
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, SLG has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 5 BUYs and 4 SELLs from insiders. Insiders purchased 27,894 shares during that period but sold 16,100.
In the most recent transaction, BURTON EDWIN T III sold 6,800 shares of SLG for 34.30 per share on Aug 14. After the transaction, the Director now owns 89 company shares. In a previous transaction on May 16, ATKINS BETSY S sold 5,000 shares at 21.47 per share. SLG shares that Director owns now total 11,662.
Among the insiders who bought shares, DiLiberto Matthew J. acquired of 10,000 shares on Mar 24 at a per-share price of $16.44. This resulted in the CHIEF FINANCIAL OFFICER holding 13,000 shares of SLG after the transaction. In another insider transaction, LEVINE ANDREW S bought 10,000 shares at $16.24 per share on Mar 24. Company shares held by the CHIEF LEGAL OFFICER & GC now total 15,000.
Dividend
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. SLG’s most recent ex-dividend date was 8/30/2023 when it declared a $0.2710 quarterly dividend that was paid in cash on 9/15/2023. Previously, the company paid the dividend on 8/15/2023 with an ex-dividend date of 7/28/2023. The SLG stock dividend was $0.2708 per share in cash.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for SLG in the last 3 months, the mean price target is $34.64 with high estimates of $70.00 and low estimates of $17.00. In terms of 52-week highs and lows, SLG has a high of $49.83 and a low of $19.06.
As of this writing, SLG has an earnings estimate of -$0.22 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of -$0.2 per share and a lower estimate of -$0.24. The company reported an EPS of -$0.63 in the last quarter, which was -1.60% lower than expectations of -$0.62.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. SLG’s latest balance sheet shows that the firm has $286.17M in Cash & Short Term Investments as of fiscal 2021. There were $4.97B in debt and $919.04M in liabilities at the time. Its Book Value Per Share was $60.39, while its Total Shareholder’s Equity was $5.32B.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SLG is Buy with a score of 2.73.
