Sl Green Realty Stock Beta
| SLG Stock | USD 79.15 1.42 1.83% |
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 | 1.8 |
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.
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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 1.8. This is 150.0% 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 its peers.
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 | 10.3B | 7.3B | 7.5B | 4.7B | 4.2B | 4.0B | |
| Enterprise Value | 16.0B | 12.7B | 13.3B | 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.Environmental | Governance | Social |
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 | Dimensional Fund Advisors, Inc. | 2024-09-30 | 985.4 K | Legal & General Group Plc | 2024-06-30 | 874.9 K | Acadian Asset Management Llc | 2024-06-30 | 856.3 K | Goldman Sachs Group Inc | 2024-06-30 | 839 K | Bank Of New York Mellon Corp | 2024-06-30 | 810.5 K | Northern Trust Corp | 2024-09-30 | 794.8 K | Prudential Financial Inc | 2024-09-30 | 706.1 K | T. Rowe Price Associates, Inc. | 2024-06-30 | 603.8 K | Citadel Advisors Llc | 2024-06-30 | 601.5 K | Blackrock Inc | 2024-06-30 | 12.7 M | Vanguard Group Inc | 2024-09-30 | 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 | -0.0314 | ||||
| Return On Asset | 0.0112 | ||||
| Profit Margin | (0.13) % | ||||
| Operating Margin | 0.08 % | ||||
| Current Valuation | 10.63 B | ||||
| Shares Outstanding | 65.62 M | ||||
| Shares Owned By Insiders | 0.08 % | ||||
| Shares Owned By Institutions | 91.72 % | ||||
| Number Of Shares Shorted | 7.82 M | ||||
| Price To Earning | 12.34 X | ||||
| Price To Book | 1.53 X | ||||
| Price To Sales | 5.57 X | ||||
| Revenue | 913.71 M | ||||
| Gross Profit | 424.15 M | ||||
| EBITDA | (206.38 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 | 51.11 X | ||||
| Cash Flow From Operations | 229.5 M | ||||
| Short Ratio | 11.05 X | ||||
| Earnings Per Share | (2.55) X | ||||
| Price To Earnings To Growth | 0.95 X | ||||
| Target Price | 67.5 | ||||
| Number Of Employees | 1.19 K | ||||
| Beta | 1.8 | ||||
| Market Capitalization | 5.12 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 | 0.04 % | ||||
| Five Year Return | 4.84 % | ||||
| Net Asset | 9.53 B | ||||
| Last Dividend Paid | 3.04 |
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.
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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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Diversified REITs space 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 3.042 | Earnings Share (2.55) | Revenue Per Share 14.377 | Quarterly Revenue Growth 0.098 |
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.