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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 РRetail 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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