A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. (NYSE:SLG) in a research report issued on Thursday. The brokerage set a “neutral” rating on the stock.
With a market capitalization of $1.2B, Terreno Realty Corporation has a P/E of 102 with a 52 week low of $19.20 and a 52 week high of $27.98. (NYSE:O) opened at 66.68 on Thursday. The stock now shows the Market Capitalization of 16.02 Billion. The company’s 50-day moving average is $26.60 and its 200-day average is $24.16.
Equities researchers at BTIG Research assumed coverage on shares of SL Green Realty Corp. The real estate investment trust reported $3.39 earnings per share for the quarter, beating the consensus estimate of $3.10 by $0.29. The firm had revenue of $287.12 million for the quarter, compared to analysts’ expectations of $291.96 million. The shorts in the stock have gone up by 341,670 shares, which is an increase of 9.5% over the previous reading. Stockholders of record on Thursday, September 1st will be issued a $0.2015 dividend. This represents a change of -1.02% from the opening. Also, Director Craig M. Hatkoff sold 20,500 shares of the stock in a transaction dated Monday, July 25th. Finally, LPL Financial LLC increased its stake in shares of SL Green Realty Corp.by 12.8% in the first quarter. The stock touched to the maximum level of $13.52, and it reached the lower level of $13.22 in past session. The shares were sold at an average price of $116.50, for a total value of $34,950.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The shares were sold at an average price of $115.41, for a total transaction of $2,365,905.00. The stock had a trading volume of 1.4 M shares. The disclosure for this sale can be found here. Terreno Realty Corp.’s P/E ratio is 101.45. Conning Inc. now owns 13,446 shares of the real estate investment trust’s stock valued at $422,000 after buying an additional 630 shares during the last quarter. That came on revenues of $253.86M for the quarter. JPMorgan Chase & Co. raised its position in shares of Realty Income Corp.by 69.1% in the first quarter. Checchi Capital Advisers LLC increased its stake in shares of SL Green Realty Corp.by 11.3% in the second quarter. Geode Capital Management LLC now owns 2,104,525 shares of the company’s stock valued at $131,297,000 after buying an additional 37,197 shares during the last quarter. ROI, on the other hand, will allow the investors to appraise the effectiveness of their investment and equate the efficiency of the number of different investments. The brokerage set a “buy” rating and a $34.00 price target on the real estate investment trust’s stock. The ratio dropped, as 28 funds sold all Kimco Realty Corp shares owned while 123 reduced positions.
Analysts await Duke Realty Corp (NYSE:DRE) to report earnings on October, 26.
Technical analysts have little regard for the value of a company. Eight analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock has received “BUY” rating after consensus analysis from analysts. Its real estate equity investments that operate under the REIT Investment Diversification and Empowerment Act (RIDEA) structure generate resident and hotel guest related income from short-term residential agreements. The value of the Market cap relatively ensures a stable and secure position for the company, and can be easily considered a blue chip in today’s market.