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SL Green Realty Corp (SLG)
:SLG
Holding SLG?
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SLG Stock Chart & Stats
Day’s Range― - ―
52-Week Range$41.88 - $82.81
Previous CloseN/A
Volume235.62K
Average Volume (3M)918.26K
Market Cap
$4.98B
Enterprise Value$10.28B
Total Cash (Recent Filing)$364.55M
Total Debt (Recent Filing)$6.52B
Price to Earnings (P/E)―
Beta2.19
Next Earnings
Jan 22, 2025EPS Estimate
-0.27Last Dividend Ex-Date
Dec 31, 2024Dividend Yield4.6%
Share Statistics
EPS (TTM)-2.53
Shares Outstanding71,741,530
10 Day Avg. Volume767,165
30 Day Avg. Volume918,264
Standard Deviation0.15
R-Squared0.42
Alpha-0.00819
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.60
Price to Cash Flow (P/CF)64.40
P/FCF Ratio18.30
Enterprise Value/Market Cap2.06
Enterprise Value/Revenue10.98
Enterprise Value/Gross Profit23.61
Enterprise Value/Ebitda48.66
Forecast
1Y Price Target
$74.27Price Target Upside12.82% Upside
Rating ConsensusHold
Number of Analyst Covering13
SL Green Realty News
PremiumCompany Announcements
SL Green Realty Extends CEO Marc Holliday’s Term
Bulls Say, Bears Say
Bulls Say
Dividend IncreaseSLG recently raised its dividend by 3.0% to $3.09/sh annualized, which is expected to make up 57.1% of FFO.
Office Occupancy And LeasingSLG's NYC office occupancy is rising, fee and DPE income growth is accelerating, and SUMMIT is putting up impressive figures.
Strategic Asset ManagementSLG announced an agreement to sell an 11% interest in One Vanderbilt Avenue to Mori Building Co., Japan's leading urban landscape developer, at a gross valuation of $4.7bn for the flagship property.
Bears Say
Financial Performance3Q24 FFOps missed on higher interest expense.
Financial StabilitySLG's debt balance and leverage moved marginally higher, which may raise concerns about financial stability.
Office Space DemandThe structural headwinds from WFH are still working their way through the demand for office space as leases expire and occupiers reset space needs.
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Ownership Overview
0.24% Insiders
23.89% Mutual Funds
0.15% Other Institutional Investors
44.31% 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 $41.88 and its highest was $82.81 in the past 12 months.
What is SL Green Realty Corp’s market cap?
SL Green Realty Corp’s market cap is $4.98B.
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 tomorrow.
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 Undervalued.
Does SL Green Realty Corp pay dividends?
SL Green Realty Corp pays a Monthly dividend of $3.007 which represents an annual dividend yield of 4.6%. 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 -0.27.
How many shares outstanding does SL Green Realty Corp have?
SL Green Realty Corp has 71,741,530 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 3.377%.
Which hedge fund is a major shareholder of SL Green Realty Corp?
Currently, no hedge funds are holding shares in SLG
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SL Green Realty Stock Smart Score
Unlock Smart Score
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10
Analyst Consensus
Hold
Average Price Target:
$74.27 (12.82% Upside)
$74.27 (12.82% Upside)
Blogger Sentiment
Bullish
SLG Sentiment 70%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 30.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 0.3%
Last 30 Days ▼ 0.3%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
61.13%
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
Earnings Call Sentiment|Positive
The earnings call showcased SL Green's strong leasing momentum, highlighted by a significant lease expansion with Bloomberg and the full leasing of One Vanderbilt. The company is also successfully re-entering the debt and preferred equity market. However, challenges remain with certain assets in the Alternative Strategy Portfolio. Overall, the sentiment is positive due to the strong leasing results and strategic advancements.Read More>---
SLG Stock 12 Month Forecast
Average Price Target
$74.27
▲(12.82% Upside)
Technical Analysis
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Best Analysts Covering SLG
1 Year
1 Year Success Rate
11/22 ratings generated profit
1 Year Average Return
+22.05%
assigned a buy rating 2 months ago
Copying Alexander Goldfarb's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +22.05% per trade.
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