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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 115.52 (0.03% today). The market cap for SL Green Realty Corp. is 11824.63, and is in the sector Financial, and REIT – Retail industry. The target price for SL Green Realty Corp. is 125.31. Currently SL Green Realty Corp. is trading with a P/E of 27.54, and a forward P/E of 275.05. Average volume for SL Green Realty Corp. is 655.56 and so far today it is 613200.

Performance in the last year for SL Green Realty Corp. has been 13.00%. 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 4.67% 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 437.90%. The 20-day simple moving average is 4.41%, with the 200-day simple moving average coming to 12.02%.

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 3.80%. With SL Green Realty Corp. trading at 115.52, the dividend yield is 2.49%, and the EPS is 4.2.

So could SL Green Realty Corp., be undervalued? Well as said before P/E is 27.54. The PEG is 5.9, P/S is 6.13 and the P/B is at 1.63. The P/cash is 42.81, 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 1.13, and total debt/equity at 1.13.

In terms of margins, SL Green Realty Corp. has a gross margin of 69.60%, an operating margin of 18.20% and a profit margin of 21.80%.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 102.36. While shares float is 99.67. The float short is currently 5.38%, and short ratio is 8.18.

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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Mark Hines

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