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Sl Green Realty Corp. (SLG)
NYSE:SLG
SL Green Realty (SLG) Stock Price & Analysis
859 Followers
SLG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$26.69 - $58.28
Previous Close$56.64
Volume713.90K
Average Volume (3M)944.39K
Market Cap
$3.86B
Enterprise Value$9.23B
Total Cash (Recent Filing)$206.71M
Total Debt (Recent Filing)$5.07B
Price to Earnings (P/E)―
Beta1.81
Next Earnings
Jul 17, 2024EPS Estimate
-$0.01Last Dividend Ex-Date
Jun 28, 2024Dividend Yield5.59%
Share Statistics
EPS (TTM)-8.28
Shares Outstanding64,805,769
10 Day Avg. Volume880,960
30 Day Avg. Volume944,391
Standard Deviation0.15
R-Squared0.41
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)1.00
Price to Sales (P/S)12.09
Price to Cash Flow (P/CF)18.60
P/FCF Ratio30.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue10.51
Enterprise Value/Gross Profit21.19
Enterprise Value/Ebitda110.17
Forecast
1Y Price Target
$44.50Price Target Upside-19.08% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering13
SL Green Realty News
Bulls Say, Bears Say
Bulls Say
Debt ModificationsSLG announced $2.1B of strategic debt modifications and extensions in surprisingly favorable terms.
Financial GuidanceSLG raised its ’24 FFO guidance to $7.35-$7.65 with the $7.50 midpoint up $1.45.
Leasing MomentumSLG continues to exhibit strong leasing momentum, which will lead to improved occupancy and Net Debt / EBITDA.
Bears Say
Debt And LeverageSLG's biggest risk is its high leverage and debt maturities.
Financial PerformanceGiven high expectations and strong YTD performance, shares are expected to trail peers.
Leasing ActivityThe broader NYC leasing market is off to a slow start to the year with large tenant leasing activity on the sidelines.
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Ownership Overview
0.41% Insiders
28.45% Mutual Funds
43.53% Other Institutional Investors
27.61% 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 $26.69 and its highest was $58.28 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 Jul 17, 2024 which is in 15 days.
How were Sl Green Realty Corp.’s earnings last quarter?
Sl Green Realty Corp. released its earnings results on Apr 17, 2024. The company reported $0.2 earnings per share for the quarter, missing the consensus estimate of $0.284 by -$0.084.
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 5.59%. 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 -$0.01.
How many shares outstanding does Sl Green Realty Corp. have?
Sl Green Realty Corp. has 64,805,770 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 $0.2 in its last earnings report, missing expectations of $0.284. Following the earnings report the stock price went down -2.308%.
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 Moore Capital Management LP. It holds Sl Green Realty Corp.’s shares valued at 46M.
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SL Green Realty Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Sell
Average Price Target:
$44.50 (-19.08% Downside)
$44.50 (-19.08% Downside)
Blogger Sentiment
Bullish
SLG Sentiment 75%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Decreased
By 190.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 5.3%
Last 30 Days ▼ 5.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
116.10%
12-Months-Change
Fundamentals
Return on Equity
-11.87%
Trailing 12-Months
Asset Growth
-20.89%
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
Q1 2024
0:00 / 0:00
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SLG Stock 12 Month Forecast
Average Price Target
$44.50
▼(-19.08% Downside)
Technical Analysis
Best Analysts Covering SLG
1 Year
1 Year Success Rate
9/16 ratings generated profit
1 Year Average Return
-5.49%
reiterated a sell rating 2 months ago
Copying Anthony Paolone's trades and holding each position for 1 Year would result in 56.25% of your transactions generating a profit, with an average return of -5.49% per trade.
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