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Is this Large Market Cap Stock target price reasonable for SL Green Realty Corp. (NYSE:SLG)?

The company in question is, SL Green Realty Corp. (NYSE:SLG) currently with a stock price of 115.57 (-0.38% today). The market cap for SL Green Realty Corp. is 11616.55, and is in the sector Financial, and REIT – Retail industry. The target price for SL Green Realty Corp. is 122.44. Currently SL Green Realty Corp. is trading with a P/E of 47.58, and a forward P/E of 276.21. Average volume for SL Green Realty Corp. is 710.7 and so far today it is 277304.

Performance in the last year for SL Green Realty Corp. has been 5.19%. For EPS growth, SL Green Realty Corp. has seen a growth of -24.90%, and is looking to grow in the next year to -62.83%. More long term stats show that EPS growth has been -2.60% over the last five years and could be 4.13% for the next five years. SL Green Realty Corp. has seen sales growth quarter over quarter at 51.00%, with EPS growth quarter over quarter at 424.30%. The 20-day simple moving average is 11.89%, with the 200-day simple moving average coming to 12.29%.

Since the IPO date for SL Green Realty Corp. on the 8/15/1997, SL Green Realty Corp. has seen performance year to date to be 4.24%. With SL Green Realty Corp. trading at 115.57, the dividend yield is 2.48%, and the EPS is 2.44.

So could SL Green Realty Corp., be undervalued? Well as said before P/E is 47.58. The PEG is 11.52, P/S is 6.75 and the P/B is at 1.64. The P/cash is 42.06, with P/free cash flow at *TBA.

SL Green Realty Corp. ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 1.14, and total debt/equity at 0.

In terms of margins, SL Green Realty Corp. has a gross margin of 66.60%, an operating margin of 20.40% and a profit margin of 24.50%.Payout ratio for SL Green Realty Corp. is 65.90%. Return on assets come to 2.20% with return on investment coming to 2.30%.

Insider ownership for SL Green Realty Corp., is at 0.53% and institutional ownership comes to 95.00%. Outstanding shares are at 100.13. While shares float is 99.59. The float short is currently 5.09%, and short ratio is 7.13.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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