10 analysts out of 19 Wall Street brokerage firms rate SL Green Realty Corp. (NYSE:SLG) as a Buy, while 2 see it as a Sell. The rest 7 describe it as a Hold. SLG stock traded higher to an intra-day high of $90.75. At one point in session, its potential discontinued and the price was down to lows at $89.2. Analysts have set SLG’s consensus price at $99.58, effectively giving it a 10.05% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $111 (up 22.67% from current price levels). SLG has a 3.9% ROE, lower than the 7.6% average for the industry. The average ROE for the sector is 16.11%.
It is expected that in Mar 2019 quarter SLG will have an EPS of $1.72, suggesting a 3.61% growth. For Jun 2019 is projected at $1.74. It means that there could be a 2.96% growth in the quarter. Yearly earnings are expected to rise by 4.38% to about $6.91. As for the coming year, growth will be about 0.87%, lifting earnings to $6.97. RSI after the last trading period was 47.75. SLG recorded a change of -2.28% over the past week and returned 3.38% over the last three months while the SLG stock’s monthly performance revealed a shift in price of -1.13%. The year to date (YTD) performance stands at 14.43%, and the bi-yearly performance specified an activity trend of -2.82% while the shares have moved -4.75% for the past 12 months.
SL Green Realty Corp. (SLG) currently trades at $90.49, which is lower by -0.3% its previous price. It has a total of 83.59 million outstanding shares, with an ATR of around 1.39. The company’s stock volume dropped to 0.67 million, worse than 516.06 thousands that represents its 50-day average. A 5-day decrease of about -2.28% in its price means SLG is now 14.43% higher on year-to-date. The shares have surrendered $43369.51 since its $106.54 52-week high price recorded on 20th of August 2018. Overall, it has seen a growth rate of -4.75 over the last 12 months. The current price per share is $13.72 above the 52 week low of $76.77 set on 26th of December 2018.
SL Green Realty Corp. (NYSE:SLG)’s EPS was $1.61 as reported for the December quarter. In comparison, the same quarter a year ago had an EPS of $1.61. That means that its growth in general now stands at 0%. Therefore, a prediction of $1.6 given by the analysts brought a positive surprise of 1%. SLG December quarter revenue was $317.04 million, compared to $265.49 million recorded in same quarter last year, giving it a 19% growth rate. The company’s $51.55 million revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.
TIER REIT, Inc. (NYSE:TIER) shares appreciated 0.83% over the last trading period, taking overall 5-day performance up to 1.11%. TIER’s price now at $29.07 is greater than the 50-day average of $25.63. Getting the trading period increased to 200 days, the stock price was seen at $23.55 on average. The general public currently hold control of a total of 53.14 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 54.12 million. The company’s management holds a total of 1.4%, while institutional investors hold about 78.4% of the remaining shares. TIER share price finished last trade 5.67% above its 20 day simple moving average and its upbeat gap from 200 day simple moving average is 23.58%, while closing the session with 13.9% distance from 50 day simple moving average.
TIER REIT, Inc. (TIER) shares were last observed trading 0.38% down since April 12, 2019 when the peak of $28.96 was hit. Last month’s price growth of 17.5% puts TIER performance for the year now at 40.91%. Consequently, the shares price is trending higher by 60.96%, a 52-week worst price since Apr. 13, 2018. However, it is regaining value with 26.72% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $28.38 and $28.73. The immediate resistance area is now $29.29 Williams’s %R (14) for TIER moved to 4.64 while the stochastic %K points at 94.17.
TIER’s beta is 0; meaning investors could reap lower returns, although it also poses lower risks. The company allocated $-0.09 per share from its yearly profit to its outstanding shares. Its last reported revenue is $55.55 million, which was 2% versus $54.63 million in the corresponding quarter last year. The EPS for Dec 19 quarter came in at $-0.46 compared to $-0.1 in the year-ago quarter and had represented 360% year-over-year earnings per share growth. TIER’s ROA is -0.3%, lower than the 3.81% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 2.73%.
Estimated quarterly earnings for TIER REIT, Inc. (NYSE:TIER) are around $0.35 per share in three months through March with $0.36 also the estimate for June quarter of the fiscal year. It means the growth is estimated at -12.5% and -10%, respectively. Analysts estimate full-year growth to be -11.18%, the target being $1.43 a share. The upcoming year will see an increase in growth by percentage to 9.09%, more likely to see it hit the $1.56 per share. The firm’s current profit margin over the past 12 months is -2.3%. TIER ranks lower in comparison to an average of 58.03% for industry peers; while the average for the sector is 31.71%.