SL Green Realty Corp (SLG) Files 10-K for the Fiscal Year Ended on December 31, 2017
- By insider
SL Green Realty Corp (SLG) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. SL Green Realty Corp is a self-managed real estate investment trust which is engaged in the management, acquisition, development, and leasing of property in the New York Metropolitan area. SL Green Realty Corp has a market cap of $9.06 billion; its shares were traded at around $97.62 with a P/E ratio of 110.93 and P/S ratio of 6.71. The dividend yield of SL Green Realty Corp stocks is 3.22%. SL Green Realty Corp had annual average EBITDA growth of 8.50% over the past ten years. GuruFocus rated SL Green Realty Corp the business predictability rank of 2-star.
Warning! GuruFocus has detected 4 Warning Signs with SLG. Click here to check it out.
The intrinsic value of SLG
For the last quarter SL Green Realty Corp reported a revenue of $369.1 million, compared with the revenue of $374.2 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.5 billion, a decrease of 17.7% from the previous year. For the last five years SL Green Realty Corp had an average revenue growth rate of 5.5% a year.
The reported diluted earnings per share was 87 cents for the year, a decline of 62.8% from the previous year. Over the last five years SL Green Realty Corp had an average EPS decline of 5.2% a year. The SL Green Realty Corp enjoyed an operating margin of 56.33%, compared with the operating margin of -0.25% a year before. The 10-year historical median operating margin of SL Green Realty Corp is 6.63%. The profitability rank of the company is 7 (out of 10).
At the end of the fiscal year, SL Green Realty Corp has the cash and cash equivalents of $127.9 million, compared with $279.4 million in the previous year. The long term debt was $5.9 billion, compared with $6.5 billion in the previous year. SL Green Realty Corp has a financial strength rank of 4 (out of 10).
At the current stock price of $97.62, SL Green Realty Corp is traded at 13.5% premium to its historical median P/S valuation band of $85.98. The P/S ratio of the stock is 6.71, while the historical median P/S ratio is 5.90. The intrinsic value of the stock is $11.02 a share, according to GuruFocus DCF Calculator. The stock lost 11.9% during the past 12 months.
Directors and Officers Recent Trades:
Director Craig M Hatkoff sold 3,400 shares of SLG stock on 02/06/2018 at the average price of $93.73. The price of the stock has increased by 4.15% since.
For the complete 20-year historical financial data of SLG, click here.
This article first appeared on GuruFocus.
Warning! GuruFocus has detected 4 Warning Signs with SLG. Click here to check it out.
The intrinsic value of SLG
