Analysts Wigh In On What’s Next For SL Green Realty Corp. (SLG), TIER REIT, Inc. (TIER)

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%.