Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day up 0.3%. By the end of trading, SL Green Realty Corporation fell $1.49 (-1.9%) to $76.01 on heavy volume. Throughout the day, 932,969 shares of SL Green Realty Corporation exchanged hands as compared to its average daily volume of 585,400 shares. The stock ranged in price between $74.94-$78.92 after having opened the day at $78.92 as compared to the previous trading day's close of $77.50. Other companies within the Financial sector that declined today were:
), down 14.2%,
), down 12.8%,
), down 11.2%, and
), down 9.2%.
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SL Green Realty Corp. is a real estate investment trust (REIT). The firm engages in the property management, acquisitions, financing, development, construction, and leasing. It also provides tenant services to its clients. The firm invests in real estate markets of the United States. SL Green Realty Corporation has a market cap of $7.01 billion and is part of the real estate industry. The company has a P/E ratio of 71.4, above the average real estate industry P/E ratio of 52.6 and above the S&P 500 P/E ratio of 17.7. Shares are up 16.7% year to date as of the close of trading on Wednesday. Currently there are eight analysts that rate SL Green Realty Corporation a buy, one analyst rates it a sell, and five rate it a hold.
TheStreet Ratings rates SL Green Realty Corporation as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share.
- You can view the full SL Green Ratings Report.
On the positive front,
), up 33.7%,
), up 20%,
), up 16.3%, and
), up 10.1%, were all gainers within the financial sector with
) being today's featured financial sector leader.
- Use our financial section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider
) while those bearish on the financial sector could consider
- Find other investment ideas from our top rated ETFs lists.
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