SLG Stock Overview
SL Green Realty Corp., Manhattan's largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 4/6 |
SL Green Realty Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$77.73 |
| 52 Week High | US$82.81 |
| 52 Week Low | US$32.78 |
| Beta | 1.8 |
| 11 Month Change | 1.21% |
| 3 Month Change | 21.00% |
| 1 Year Change | 130.52% |
| 33 Year Change | 0.27% |
| 5 Year Change | -13.78% |
| Change since IPO | 193.13% |
Recent News & Updates
Recent updates
SL Green: Solid Q3 Results Reduce Melting Ice Cube Fears (Rating Upgrade)
Oct 17SL Green: Upside Now Relies On Sustained Execution (Rating Downgrade)
Sep 20SL Green Realty: Significantly Overvalued
Jul 27SL Green Realty: Still A Buy Despite Recent Run
Jul 09SL Green Realty Stock: 3 Key Takeaways From First Quarter Earnings
Apr 18So What If SL Green Cut Its Dividend Again
Feb 26SL Green: The Common Seems Better Than The Preferred
Jan 23SL Green: More Green Shoots, Still Many Questions
Jan 08SL Green: A Positive Investor Day Should Not Outweigh Long-Term Challenges
Dec 04SL Green: A Covered 10.2% Yield Being Reviewed, Huge 50% Discount To Book
Oct 27SL Green: NYC Office Landlord Survived The March Scare - What's Next
Sep 09SL Green: High Dividend And Margin Of Safety To Own A Piece Of NYC
Aug 24SL Green's Fat Yield Is Safe, Commons Trading For 61 Cents On The Dollar
Aug 07Shareholder Returns
| SLG | US Office REITs | US Market | |
|---|---|---|---|
| 7D | 1.9% | -1.9% | -1.2% |
| 1Y | 130.5% | 45.7% | 30.4% |
Return vs Industry: SLG exceeded the US Office REITs industry which returned 45.7% over the past year.
Return vs Market: SLG exceeded the US Market which returned 30.4% over the past year.
Price Volatility
| SLG volatility | |
|---|---|
| SLG Average Weekly Movement | 4.3% |
| Office REITs Industry Average Movement | 3.8% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: SLG has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: SLG's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1980 | 1,188 | Marc Holliday | www.slgreen.com |
SL Green Realty Corp., Manhattan's largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. As of June 30, 2024, SL Green held interests in 55 buildings totaling 31.8 million square feet. This included ownership interests in 28.1 million square feet of Manhattan buildings and 2.8 million square feet securing debt and preferred equity investments.
SL Green Realty Corp. Fundamentals Summary
| SLG fundamental statistics | |
|---|---|
| Market cap | US$5.09b |
| Earnings (TTM) | -US$146.87m |
| Revenue (TTM) | US$920.14m |
5.5x
P/S Ratio-34.7x
P/E RatioIs SLG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SLG income statement (TTM) | |
|---|---|
| Revenue | US$920.14m |
| Cost of Revenue | US$433.60m |
| Gross Profit | US$486.54m |
| Other Expenses | US$633.41m |
| Earnings | -US$146.87m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -2.24 |
| Gross Margin | 52.88% |
| Net Profit Margin | -15.96% |
| Debt/Equity Ratio | 94.4% |
How did SLG perform over the long term?
See historical performance and comparisonDividends
3.9%
Current Dividend Yield45%
Payout RatioDoes SLG pay a reliable dividends?
See SLG dividend history and benchmarks| SL Green Realty dividend dates | |
|---|---|
| Ex Dividend Date | Nov 29 2024 |
| Dividend Pay Date | Dec 16 2024 |
| Days until Ex dividend | 8 days |
| Days until Dividend pay date | 25 days |
Does SLG pay a reliable dividends?
See SLG dividend history and benchmarks