Sl Green Realty Stock Beta
| SLG Stock | USD 48.52 1.15 2.32% |
SL Green Realty fundamentals help investors to digest information that contributes to SL Green's financial success or failures. It also enables traders to predict the movement of SLG Stock. The fundamental analysis module provides a way to measure SL Green's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SL Green stock.
SLG | Beta |
SL Green Realty Company Beta Analysis
SL Green's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current SL Green Beta | 1.7 |
Most of SL Green's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SL Green Realty is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
SLG Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for SL Green is extremely important. It helps to project a fair market value of SLG Stock properly, considering its historical fundamentals such as Beta. Since SL Green's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of SL Green's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of SL Green's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, SL Green Realty has a Beta of 1.696. This is 135.56% higher than that of the Diversified REITs sector and significantly higher than that of the Real Estate industry. The beta for all United States stocks is notably lower than that of the firm.
SLG Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SL Green's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SL Green could also be used in its relative valuation, which is a method of valuing SL Green by comparing valuation metrics of similar companies.SL Green is currently under evaluation in beta category among related companies.
SL Green Current Valuation Drivers
We derive many important indicators used in calculating different scores of SL Green from analyzing SL Green's financial statements. These drivers represent accounts that assess SL Green's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of SL Green's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 7.3B | 7.5B | 4.3B | 4.7B | 4.2B | 3.9B | |
| Enterprise Value | 12.7B | 13.3B | 9.5B | 9.4B | 8.5B | 6.9B |
SL Green ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, SL Green's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to SL Green's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
SL Green Institutional Holders
Institutional Holdings refers to the ownership stake in SL Green that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of SL Green's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing SL Green's value.| Shares | Charles Schwab Investment Management Inc | 2023-12-31 | 1 M | Moore Capital Management, Lp | 2023-12-31 | 984.8 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 896.7 K | Bank Of New York Mellon Corp | 2023-12-31 | 825 K | Northern Trust Corp | 2023-12-31 | 787 K | Ldr Capital Management, Llc | 2023-12-31 | 702.1 K | T. Rowe Price Associates, Inc. | 2023-12-31 | 641.1 K | Adage Capital Partners Gp Llc | 2023-12-31 | 505.5 K | Nuveen Asset Management, Llc | 2023-12-31 | 480.1 K | Blackrock Inc | 2023-12-31 | 12.4 M | Vanguard Group Inc | 2023-12-31 | 10.3 M |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SL Green will likely underperform.
SLG Fundamentals
| Return On Equity | -0.11 | ||||
| Return On Asset | 4.0E-4 | ||||
| Profit Margin | (0.63) % | ||||
| Operating Margin | 0.08 % | ||||
| Current Valuation | 8.58 B | ||||
| Shares Outstanding | 64.8 M | ||||
| Shares Owned By Insiders | 0.11 % | ||||
| Shares Owned By Institutions | 94.03 % | ||||
| Number Of Shares Shorted | 13.7 M | ||||
| Price To Earning | 12.34 X | ||||
| Price To Book | 0.93 X | ||||
| Price To Sales | 3.98 X | ||||
| Revenue | 913.71 M | ||||
| Gross Profit | 424.15 M | ||||
| EBITDA | 298.92 M | ||||
| Net Income | (557.3 M) | ||||
| Cash And Equivalents | 203.27 M | ||||
| Cash Per Share | 3.22 X | ||||
| Total Debt | 4.42 B | ||||
| Debt To Equity | 0.92 % | ||||
| Current Ratio | 3.08 X | ||||
| Book Value Per Share | 51.09 X | ||||
| Cash Flow From Operations | 229.5 M | ||||
| Short Ratio | 10.83 X | ||||
| Earnings Per Share | (9.12) X | ||||
| Price To Earnings To Growth | 0.95 X | ||||
| Target Price | 45.63 | ||||
| Number Of Employees | 1.19 K | ||||
| Beta | 1.7 | ||||
| Market Capitalization | 3.16 B | ||||
| Total Asset | 9.53 B | ||||
| Retained Earnings | (151.55 M) | ||||
| Working Capital | (224.98 M) | ||||
| Current Asset | 1.11 B | ||||
| Current Liabilities | 554.91 M | ||||
| Annual Yield | 0.06 % | ||||
| Five Year Return | 4.84 % | ||||
| Net Asset | 9.53 B | ||||
| Last Dividend Paid | 2.42 |
About SL Green Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SL Green Realty's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SL Green using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SL Green Realty based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
SL Green Investors Sentiment
The influence of SL Green's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in SLG. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to SL Green's public news can be used to forecast risks associated with an investment in SLG. The trend in average sentiment can be used to explain how an investor holding SLG can time the market purely based on public headlines and social activities around SL Green Realty. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
SL Green's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for SL Green's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average SL Green's news discussions. The higher the estimated score, the more favorable is the investor's outlook on SL Green.
SL Green Implied Volatility | 91.41 |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SL Green in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SL Green's short interest history, or implied volatility extrapolated from SL Green options trading.
Currently Active Assets on Macroaxis
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 Piotroski F Score and SL Green Altman Z Score analysis. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for SLG Stock analysis
When running SL Green's 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 the 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.
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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 2.416 | Earnings Share (9.12) | Revenue Per Share 12.185 | Quarterly Revenue Growth (0.13) |
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.