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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 114.59 (1.29% today). The market cap for SL Green Realty Corp. is 11291.51, and is in the sector Financial, and REIT – Retail industry. The target price for SL Green Realty Corp. is 119.83. Currently SL Green Realty Corp. is trading with a P/E of 46.4, and a forward P/E of 269.36. Average volume for SL Green Realty Corp. is 707.49 and so far today it is 321240.

Performance in the last year for SL Green Realty Corp. has been 1.21%. 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 4.10% for the next five years. SL Green Realty Corp. has seen sales growth quarter over quarter at 14.90%, with EPS growth quarter over quarter at -24.50%. The 20-day simple moving average is 11.77%, with the 200-day simple moving average coming to 11.41%.

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 1.65%. With SL Green Realty Corp. trading at 114.59, the dividend yield is 2.55%, and the EPS is 2.44.

So could SL Green Realty Corp., be undervalued? Well as said before P/E is 46.4. The PEG is 11.32, P/S is 6.56 and the P/B is at 1.61. The P/cash is 35.71, 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 1.21, and total debt/equity at 1.21.

In terms of margins, SL Green Realty Corp. has a gross margin of 66.60%, an operating margin of 22.10% and a profit margin of 14.50%.Payout ratio for SL Green Realty Corp. is 107.30%. Return on assets come to 1.30% 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 99.81. While shares float is 99.59. The float short is currently 5.09%, and short ratio is 7.16.

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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Stephen Butters

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