SLG Stock Overview
A privately owned real estate investment manager and 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 | 1/6 |
| Financial Health | 2/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
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SL Green Realty Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$62.73 |
| 52 Week High | US$82.81 |
| 52 Week Low | US$45.94 |
| Beta | 1.8 |
| 1 Month Change | -4.64% |
| 3 Month Change | -21.22% |
| 1 Year Change | 34.64% |
| 3 Year Change | -21.88% |
| 5 Year Change | -24.60% |
| Change since IPO | 136.57% |
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 23Shareholder Returns
| SLG | US Office REITs | US Market | |
|---|---|---|---|
| 7D | -2.8% | -3.2% | -2.2% |
| 1Y | 34.6% | 8.0% | 18.3% |
Return vs Industry: SLG exceeded the US Office REITs industry which returned 8% over the past year.
Return vs Market: SLG exceeded the US Market which returned 18.3% over the past year.
Price Volatility
| SLG volatility | |
|---|---|
| SLG Average Weekly Movement | 4.7% |
| Office REITs Industry Average Movement | 4.8% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 17.8% |
| 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 (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1980 | 1,221 | Marc Holliday | www.slgreen.com |
SL Green Realty Corp., is a privately owned real estate investment manager and fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. As of December 31, 2024, SL Green held interests in 54 buildings totaling 30.6 million square feet. This included ownership interests in 27.0 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$4.75b |
| Earnings (TTM) | US$5.16m |
| Revenue (TTM) | US$706.58m |
863.0x
P/E Ratio6.3x
P/S RatioIs SLG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SLG income statement (TTM) | |
|---|---|
| Revenue | US$706.58m |
| Cost of Revenue | US$453.95m |
| Gross Profit | US$252.63m |
| Other Expenses | US$247.47m |
| Earnings | US$5.16m |
Last Reported Earnings
Dec 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.073 |
| Gross Margin | 35.75% |
| Net Profit Margin | 0.73% |
| Debt/Equity Ratio | 79.3% |
How did SLG perform over the long term?
See historical performance and comparisonDividends
4.9%
Current Dividend Yield38%
Payout RatioDoes SLG pay a reliable dividends?
See SLG dividend history and benchmarks| SL Green Realty dividend dates | |
|---|---|
| Ex Dividend Date | Feb 28 2025 |
| Dividend Pay Date | Mar 17 2025 |
| Days until Ex dividend | 6 days |
| Days until Dividend pay date | 23 days |
Does SLG pay a reliable dividends?
See SLG dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/22 03:50 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
SL Green Realty Corp. is covered by 40 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| David Rodgers | Baird |
| Ross Smotrich | Barclays |