How to Buy Sl Green Realty Stock
Sl Green Realty Corp
Sl Green Realty is a office REIT company located in New York, United States, which is part of the Real Estate sector, and is traded under the ticker SLG on the NYSE exchange.
Sl Green Realty stock last closed at $64.15, up 4.54% from the previous day, and has increased 65.34% in one year. It has overperformed other stocks in the REIT - Office industry by 0.52 percentage points. Sl Green Realty stock is currently +124.69% from its 52-week low of $28.55, and -6.92% from its 52-week high of $68.92.
As of Sep 10, 2024, there are 64.81M SLG shares outstanding. The market capitalization of SLG is $4.16B. In the last 24 hours, 442,751 SLG shares were traded.
How to Buy Sl Green Realty Stock
Wondering how to invest in Sl Green Realty stock? Here's how.
- Choose where to buy Sl Green Realty stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy Sl Green Realty stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Pick your payment method and add your info.
- Analyze Sl Green Realty stock: The Sl Green Realty ticker symbol is SLG. Is Sl Green Realty stock a good investment? Should you buy shares of SLG? How do SLG's underlying business fundamentals look? Do top analysts think Sl Green Realty is a good buy? Why has SLG's stock price moved recently? (Hint: Our stock research tools can help you decide if SLG is a good stock to buy).
- Place your SLG trade: Decide if you will purchase SLG shares at the current market price or use a limit order to purchase SLG stock at a specific price.
- Keep tabs on your investment in SLG: Create a watchlist to keep track of your new investment in Sl Green Realty shares.
Step 1: Choose where to buy Sl Green Realty stock
You will need a brokerage account in order to access the NYSE market and buy SLG shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal info so you can buy SLG today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open a new trading account.
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Step 3: Fund your brokerage account
Now that you have opened your account on one of the best stock trading apps, you need to deposit funds:
Watch the tutorial below if you need help depositing funds into your new investment account.
Step 4: Analyze Sl Green Realty stock
Once you have decided on the best place to buy Sl Green Realty stock, it's critical to research their stock before you invest, so you can comprehend the risk as well as the upside.
Sl Green Realty Numbers
SLG Overview
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis quickly.
You can see all of the due diligence checks on SLG's stock page.
How is SLG stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge SLG's intrinsic value.
Using relative valuations measures:
- SLG may be overvalued based on its P/B ratio of 1.13x, relative to REIT - Office industry P/B ratio of 0.98x
You can do additional valuation analysis on SLG's stock here.
SLG Financial Health Overview
Positive Health Checks:
- SLG profit margin has gone up from -44.7% to -19.2% in the past year.
Negative Health Checks:
- SLG has a relatively high debt to equity ratio of 1.45.
- Total SLG debt is higher than 5 years ago, relative to shareholder equity.
Do analysts think it's a good time to buy Sl Green Realty stock
Out of 11 Wall Street analysts who give recommendations on SLG, the consensus analyst rating on SLG is a Hold
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent SLG Analyst Forecasts
Caitlin Burrows, a bottom 4% analyst from Goldman Sachs maintains SLG with a strong sell rating and raises their SLG price target from $38.00 to $42.00, on Jul 31, 2024.
Anthony Powell, a bottom 7% analyst from Barclays maintains SLG with a hold rating and raises their SLG price target from $49.00 to $58.00, on Jul 30, 2024.
John Kim, a top 25% analyst from BMO Capital maintains SLG with a buy rating and raises their SLG price target from $58.00 to $72.00, on Jul 30, 2024.
Alexander Goldfarb, a top 21% analyst from Piper Sandler maintains SLG with a strong buy rating and raises their SLG price target from $58.00 to $75.00, on Jul 24, 2024.
Michael Lewis, a top 14% analyst from Truist Securities maintains SLG with a hold rating and raises their SLG price target from $47.00 to $55.00, on Jul 19, 2024.
You can dive deeper into what analysts are forecasting on the Sl Green Realty stock forecast page.
SLG Technical Indicators
How are SLG Revenues/Earnings doing?
Last year, SLG revenue was $879.77M. In the past 5 year, SLG's revenue has grown by -6.66% per year. This was slower than the REIT - Office industry average of 5.87%.
Dig into SLG's earnings and revenue performance here.
What are SLG insiders up to?
In the last year, insiders at SLG have sold more shares than they have bought.
Carol N. Brown, Director of SLG, was the latest SLG insider to sell. They sold $227,085.66 worth of SLG shares on Feb 9, 2024.
Learn more about who owns SLG shares here.
Does SLG provide a stable income stream?
Sl Green Realty pays a dividend of 4.38%, compared to the REIT - Office industry's average dividend yield of 5.74%. If you owned $1,000 of SLG stock, you would have received $43.84 in the past 12 months.
Sl Green Realty dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more data about Sl Green Realty dividend yield and history here.
Get opinions from other traders
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Place your SLG trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount, use a limit order.
Hit the Open Trade button and eToro will execute your order.
If you require more help investing in stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your investment in SLG
Now that you own some SLG shares, you'll want to keep up with your investment.
Put SLG on a watchlist to track your SLG stock.
SLG Feed
How to Buy Stock in Sl Green Realty
To summarize, here are the 6 steps for buying Sl Green Realty stock:
- Choose where to buy Sl Green Realty stock
- Sign up for your brokerage account
- Fund your brokerage account
- Analyze Sl Green Realty stock
- Place your SLG trade
- Keep tabs on your investment in SLG
If you require a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Sl Green Realty, get started below.
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