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Sl Green Realty Corp. (SLG)
NYSE:SLG
Holding SLG?
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SLG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$29.26 - $82.81
Previous Close$81.07
Volume529.48K
Average Volume (3M)666.08K
Market Cap
$5.60B
Enterprise Value$10.95B
Total Cash (Recent Filing)$204.74M
Total Debt (Recent Filing)$5.04B
Price to Earnings (P/E)―
Beta2.12
Next Earnings
Jan 22, 2025EPS Estimate
-$0.41Last Dividend Ex-Date
Oct 31, 2024Dividend Yield3.77%
Share Statistics
EPS (TTM)-2.53
Shares Outstanding65,924,806
10 Day Avg. Volume771,940
30 Day Avg. Volume666,084
Standard Deviation0.15
R-Squared0.41
Alpha-0.00580
Financial Highlights & Ratios
Price to Book (P/B)1.60
Price to Sales (P/S)5.68
Price to Cash Flow (P/CF)79.60
P/FCF Ratio22.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.70
Enterprise Value/Gross Profit25.15
Enterprise Value/Ebitda51.83
Forecast
1Y Price Target
$72.50Price Target Upside-5.82% Downside
Rating ConsensusHold
Number of Analyst Covering11
SL Green Realty News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceRental revenue and total revenue in 3Q24 were $140m and $230m, respectively, beating Bloomberg consensus.
Growth OpportunitiesPotential growth initiatives including pursuit of a Times Square casino and additional high-margin SUMMIT locations are seen as opportunities for SLG.
Leasing ActivitySLG's leasing activity continues to be better than expected with 2.8m sq ft of leases signed surpassing company's original 2024 goal of 2m sq ft.
Bears Say
Debt And LeverageHigh leverage continues to be a challenge, with limited progress on debt pay down and modifications/extensions goals.
Financial Performance3Q24 FFOps missed on higher interest expense.
Occupancy And RentSLG has material vacancy and a slightly negative rent mark-to-market, which could be viewed as challenges.
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Ownership Overview
0.25% Insiders
27.13% Mutual Funds
2.26% Other Institutional Investors
37.25% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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SLG FAQ
What was Sl Green Realty Corp.’s price range in the past 12 months?
Sl Green Realty Corp. lowest stock price was $29.26 and its highest was $82.81 in the past 12 months.
What is Sl Green Realty Corp.’s market cap?
Currently, no data Available
When is Sl Green Realty Corp.’s upcoming earnings report date?
Sl Green Realty Corp.’s upcoming earnings report date is Jan 22, 2025 which is in 60 days.
How were Sl Green Realty Corp.’s earnings last quarter?
Sl Green Realty Corp. released its earnings results on Oct 16, 2024. The company reported -$0.21 earnings per share for the quarter, beating the consensus estimate of -$0.507 by $0.297.
Is Sl Green Realty Corp. overvalued?
According to Wall Street analysts Sl Green Realty Corp.’s price is currently Overvalued.
Does Sl Green Realty Corp. pay dividends?
Sl Green Realty Corp. pays a Monthly dividend of $0.25 which represents an annual dividend yield of 3.77%. See more information on Sl Green Realty Corp. dividends here
What is Sl Green Realty Corp.’s EPS estimate?
Sl Green Realty Corp.’s EPS estimate is -$0.41.
How many shares outstanding does Sl Green Realty Corp. have?
Sl Green Realty Corp. has 65,618,744 shares outstanding.
What happened to Sl Green Realty Corp.’s price movement after its last earnings report?
Sl Green Realty Corp. reported an EPS of -$0.21 in its last earnings report, beating expectations of -$0.507. Following the earnings report the stock price went up 3.381%.
Which hedge fund is a major shareholder of Sl Green Realty Corp.?
Among the largest hedge funds holding Sl Green Realty Corp.’s share is Caxton Associates LP. It holds Sl Green Realty Corp.’s shares valued at 4M.
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SL Green Realty Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$72.50 (-5.82% Downside)
$72.50 (-5.82% Downside)
Blogger Sentiment
Bullish
SLG Sentiment 66%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 900.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.6%
Last 30 Days ▼ 1.3%
Last 30 Days ▼ 1.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
176.67%
12-Months-Change
Fundamentals
Return on Equity
-3.46%
Trailing 12-Months
Asset Growth
5.42%
Trailing 12-Months
Company Description
Sl Green Realty Corp.
SL Green Realty Corp. operates as a real estate investment trust. The firm engages in the acquisition, development, ownership, management and operation of commercial and residential real estate properties. It operates through the Real Estate, and Debt and Preferred Equity Investments business segments. The Real Estate segment consists of security, maintenance, utility costs, real estate taxes, and at certain properties ground rent expense. The Debt and Preferred Equity Investments segment includes cash flow from operations, cash on hand, and other forms of secured or unsecured financing. The company was founded by Stephen L. Green in June 1997 and is headquartered in New York, NY.
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SLG Earnings Call
Q3 2024
0:00 / 0:00
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SLG Stock 12 Month Forecast
Average Price Target
$72.50
▼(-5.82% Downside)
Technical Analysis
Best Analysts Covering SLG
1 Year
1 Year Success Rate
12/20 ratings generated profit
1 Year Average Return
+35.23%
reiterated a buy rating last month
Copying Alexander Goldfarb's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of +35.23% per trade.
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