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SLG

SLG - SL Green Realty Corp Stock Price, Fair Value and News

60.82USD+0.02 (+0.03%)Market Closed

Market Summary

SLG
USD60.82+0.02
Market Closed
0.03%

SLG Stock Price

View Fullscreen

SLG RSI Chart

SLG Valuation

Market Cap

3.9B

Price/Earnings (Trailing)

-7.7

Price/Sales (Trailing)

4.37

EV/EBITDA

4.97

Price/Free Cashflow

24.26

SLG Price/Sales (Trailing)

SLG Profitability

EBT Margin

19.52%

Return on Equity

-13.7%

Return on Assets

-5.24%

Free Cashflow Yield

4.12%

SLG Fundamentals

SLG Revenue

Revenue (TTM)

913.7M

Rev. Growth (Yr)

-11.31%

Rev. Growth (Qtr)

70.79%

SLG Earnings

Earnings (TTM)

-511.7M

Earnings Growth (Yr)

146.9%

Earnings Growth (Qtr)

111.11%

Breaking Down SLG Revenue

Last 7 days

-1.5%

Last 30 days

6%

Last 90 days

22.7%

Trailing 12 Months

82.4%

How does SLG drawdown profile look like?

SLG Financial Health

SLG Investor Care

Dividend Yield

5.21%

Dividend/Share (TTM)

3.17

Shares Dilution (1Y)

0.67%

Diluted EPS (TTM)

-8.29

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20240000
2023906.0M908.6M911.2M913.7M
2022791.2M774.6M781.8M903.5M
2021807.9M772.3M727.7M861.3M
20201.2B1.1B1.0B804.4M
20191.2B1.2B1.2B1.2B
20181.4B1.3B1.3B1.2B
20171.8B1.6B1.5B1.5B
20161.7B1.8B1.8B1.9B
20150001.7B

Tracking the Latest Insider Buys and Sells of SL Green Realty Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 09, 2024
brown carol n
sold
-227,086
44.37
-5,118
-
Jan 26, 2024
hatkoff craig m
sold
-238,425
46.75
-5,100
-
Jan 26, 2024
atkins betsy s
sold
-467,492
47.25
-9,894
-
Jan 05, 2024
atkins betsy s
acquired
-
-
5,118
-
Jan 05, 2024
burton edwin t iii
acquired
-
-
5,118
-
Jan 05, 2024
brown carol n
acquired
-
-
5,118
-
Jan 05, 2024
hatkoff craig m
acquired
-
-
5,118
-
Jan 05, 2024
dillard lauren b.
acquired
-
-
5,118
-
Nov 17, 2023
levine andrew s
gifted
-
-
-2,205
chief legal officer & gc
Nov 02, 2023
mathias andrew w
sold
-5,676,880
32.08
-176,960
president

1–10 of 50

Which funds bought or sold SLG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jul 19, 2024
Raymond James Financial Services Advisors, Inc.
added
3.94
60,454
951,246
-%
Jul 19, 2024
Sumitomo Mitsui Trust Holdings, Inc.
reduced
-0.86
74,527
4,096,260
-%
Jul 19, 2024
NISA INVESTMENT ADVISORS, LLC
added
2.37
337,641
6,884,940
0.04%
Jul 19, 2024
Venturi Wealth Management, LLC
reduced
-5.66
-180
5,665
-%
Jul 18, 2024
Assenagon Asset Management S.A.
unchanged
-
9,773
366,574
-%
Jul 18, 2024
MILLER WEALTH ADVISORS, LLC
unchanged
-
376
14,103
0.01%
Jul 18, 2024
Asset Management One Co., Ltd.
reduced
-1.65
54,667
5,317,870
0.02%
Jul 18, 2024
VALLEY NATIONAL ADVISERS INC
unchanged
-
-
3,000
-%
Jul 18, 2024
Blue Trust, Inc.
added
383
7,608
9,593
-%
Jul 17, 2024
Abundance Wealth Counselors
sold off
-100
-415,000
-
-%

1–10 of 48

Are Funds Buying or Selling SLG?

Are funds buying SLG calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SLG
No. of Funds

Unveiling SL Green Realty Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
16.03%
10,324,945
SC 13G/A
Jan 30, 2024
state street corp
6.87%
4,423,621
SC 13G/A
Jan 19, 2024
blackrock inc.
19.3%
12,405,640
SC 13G/A
Feb 09, 2023
vanguard group inc
14.68%
9,442,145
SC 13G/A
Feb 07, 2023
state street corp
5.83%
3,748,307
SC 13G/A
Jan 23, 2023
blackrock inc.
15.9%
10,257,395
SC 13G
Feb 14, 2022
price t rowe associates inc /md/
1.2%
857,222
SC 13G/A
Feb 14, 2022
state street corp
5.15%
3,438,086
SC 13G/A
Jan 27, 2022
blackrock inc.
14.6%
9,764,636
SC 13G/A
Jan 26, 2022
blackrock inc.
14.6%
9,764,636
SC 13G/A

Recent SEC filings of SL Green Realty Corp

View All Filings
Date Filed Form Type Document
Jul 18, 2024
8-K
Current Report
Jul 02, 2024
4
Insider Trading
Jul 02, 2024
4
Insider Trading
Jul 01, 2024
4
Insider Trading
Jun 10, 2024
144
Notice of Insider Sale Intent
Jun 04, 2024
8-K
Current Report
May 23, 2024
DEFA14A
DEFA14A
May 06, 2024
10-Q
Quarterly Report
Apr 19, 2024
DEFA14A
DEFA14A
Apr 19, 2024
DEF 14A
DEF 14A

Peers (Alternatives to SL Green Realty Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
98.2B
11.2B
9.05% 13.85%
49.74
8.76
3.63% 50.79%
45.7B
6.8B
10.22% -2.25%
32.74
6.67
-2.39% -16.60%
29.5B
2.8B
2.46% 5.38%
30.87
10.51
5.72% -6.46%
21.9B
3.0B
8.24% 3.26%
111.53
7.41
10.44% -73.79%
13.3B
-
0.30% -0.93%
31.43
8.2
8.93% 11.87%
12.2B
1.4B
8.09% 1.04%
32.4
8.93
10.48% -2.04%
MID-CAP
10.5B
3.3B
7.61% 5.33%
54.55
3.17
4.82% -75.15%
9.1B
1.2B
8.44% 6.34%
38.11
7.9
5.48% -38.69%
3.9B
913.7M
6.00% 82.35%
-7.7
4.37
1.13% -307.54%
3.5B
878.0M
8.78% 26.35%
-10.16
3.96
2.35% -290.39%
SMALL-CAP
1.5B
444.1M
9.87% 8.23%
21.24
3.28
3.54% 8.91%
1.3B
198.2M
12.22% 2.16%
-8.21
6.02
-43.33% -308.08%
1.2B
650.2M
3.93% -0.87%
37.97
1.79
27.93% 140.31%
605.8M
285.4M
10.12% -35.72%
-4.75
2.12
11.05% 83.70%
455.5M
277.2M
0.76% -20.32%
-55.55
1.64
25.89% 94.64%

SL Green Realty Corp News

Latest updates
Defense World5 hours ago
American Banking and Market News32 hours ago
Seeking Alpha18 Jul 202409:35 pm

SL Green Realty Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-100.0%-29617322127733421220115621220521822678.00250254223308314313304
Costs and Expenses-----------41.0044.0042.00-46.0041.0054.00-60.0058.0058.00
Operating Expenses-9.3%44.0048.0050.0047.0052.0047.0045.0040.0043.0040.0041.0044.0042.00--------
  S&GA Expenses-49.6%21.0042.0023.0023.0023.0024.0021.0024.0025.0026.0023.0022.0023.0025.0024.0024.0020.0026.0024.0026.0026.00
EBITDA Margin-3.8%0.70*0.72*0.70*0.67*0.66*0.62*0.65*0.65*0.66*0.63*0.76*0.79*---------
Interest Expenses-49.00---65.0064.0041.0033.0032.0040.0034.0039.0040.0042.0043.0045.0057.00----
Earnings Before Taxes-18.00----38.36----------------
EBT Margin0.8%0.20*0.19*0.19*0.18*0.18*0.19*0.22*0.22*0.22*0.20*0.24*0.23*---------
Net Income111.1%17.00-151-20.23-356-35.99-60.5411.00-40.1411.00-47.53392109-3.7317518.0060.0011921.0037.0016548.00
Net Income Margin9.4%-0.56*-0.62*-0.51*-0.46*-0.13*-0.09*-0.08*0.41*0.59*0.52*0.92*0.39*---------
Free Cashflow-151.2%-24.6848.0077.0062.0042.0026.0067.0010181.0065.0088.0085.0019.00--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42018Q42018Q32018Q2
Assets2.4%9,7649,5319,69110,04112,34212,35612,71610,70511,01511,06710,85611,16612,04411,70812,32413,07213,22112,76612,75113,45513,714
    Cash Equivalents-11.6%1962221901921593842011892242512582183053732211,015554241279160287
Liabilities4.8%5,5225,2715,1695,4617,3627,2617,4925,4435,7245,7485,2125,7996,5366,2116,6347,2827,2526,5566,1156,4196,684
Shareholder's Equity-1.3%3,7363,7864,0404,1604,5294,6474,7524,7494,7394,7785,0824,8144,9364,9365,1345,2065,3445,5175,9486,2156,242
  Retained Earnings-51.5%-229-15162.001365496517567808479761,2589349181,0151,0351,0821,0991,0851,2791,4771,458
  Additional Paid-In Capital0.1%3,8313,8263,8143,8063,7983,7903,7803,8013,7933,7393,7743,8233,9133,8633,9994,0224,1464,2864,5094,6034,602
Shares Outstanding0.1%66.0066.0065.0065.0064.0065.0064.0064.0064.0066.0065.0067.00---------
Float----1,700---2,700---4,900---3,300-----
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-151.2%-24.6848.0077.0062.0042.0026.0067.0010181.0065.0088.0085.0019.0022610418242.0077.0082.0015662.00
Cashflow From Investing96.3%-3.71-10031128.00-66.3715213812213.0010724562120.00681-28.80533-129355226-174-291
Cashflow From Financing-85.5%11.0078.00-389-135-2.77-179-97.17-253-124-180-303-791-9.97-839-871-235467-407-331-35.60246
  Dividend Payments-6.7%54.0058.0058.0058.0057.0065.0066.0065.0066.0066.0067.0069.0070.0070.0071.0074.0080.0076.0076.0077.0077.00
  Buy Backs---------15161.0010295.0084.0014630.0013222020966.0075.0034.00
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SLG Income Statement

2024-03-31
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues  
Rental revenue, net$ 141,504$ 195,042
SUMMIT Operator revenue25,60419,771
Investment income7,4039,057
Other income13,37121,894
Total revenues187,882245,764
Expenses  
Operating expenses, including related party expenses of $0 in 2024, and $1 in 202343,60852,064
Real estate taxes31,60641,383
Operating lease rent6,4056,301
SUMMIT Operator expenses21,85820,688
Interest expense, net of interest income31,17341,653
Amortization of deferred financing costs1,5392,021
SUMMIT Operator tax (benefit) expense(1,295)1,267
Depreciation and amortization48,58478,782
Loan loss and other investment reserves, net of recoveries06,890
Transaction related costs16884
Marketing, general and administrative21,31323,285
Total expenses204,807275,218
Equity in net income (loss) from unconsolidated joint ventures111,160(7,412)
Equity in net gain (loss) on sale of interest in unconsolidated joint venture/real estate26,764(79)
Purchase price and other fair value adjustments(50,492)239
Loss on sale of real estate, net0(1,651)
Depreciable real estate reserves and impairment(52,118)0
Income from continuing operations18,389(38,357)
Net income (loss)18,389(38,357)
Net loss attributable to noncontrolling interests:  
Noncontrolling interests in the Operating Partnership(901)2,337
Noncontrolling interests in other partnerships1,2941,625
Preferred units distributions(1,903)(1,598)
Net income (loss) attributable to SL Green16,879(35,993)
Perpetual preferred stock dividends(3,738)(3,738)
Net income (loss) attributable to SL Green common stockholders$ 13,141$ (39,731)
Basic earnings (loss) per share (in dollars per share)$ 0.20$ (0.63)
Diluted earnings (loss) per share (in dollars per share)$ 0.20$ (0.63)
Basic weighted average common shares outstanding (in shares)64,32864,079
Diluted weighted average common shares and common share equivalents outstanding (in shares)70,09568,182

SLG Balance Sheet

2024-03-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Commercial real estate properties, at cost:  
Land and land interests$ 1,150,681$ 1,092,671
Building and improvements3,729,8843,655,624
Building leasehold and improvements1,358,8511,354,569
Right of use asset - operating leases953,236953,236
Total commercial real estate properties, at cost7,192,6527,056,100
Less: accumulated depreciation(2,078,203)(2,035,311)
Total commercial real estate properties, net5,114,4495,020,789
Assets held for sale21,5860
Cash and cash equivalents196,035221,823
Restricted cash122,461113,696
Investments in marketable securities10,6739,591
Tenant and other receivables38,65933,270
Related party receivables12,22912,168
Deferred rents receivable267,969264,653
Debt and preferred equity investments, net of discounts and deferred origination fees of $1,623 and $1,630 and allowances of $13,520 and $13,520 in 2024 and 2023, respectively352,347346,745
Investments in unconsolidated joint ventures2,984,7862,983,313
Deferred costs, net109,296111,463
Other assets533,802413,670
Total assets[1]9,764,2929,531,181
Liabilities  
Mortgages and other loans payable, net1,695,1631,491,319
Revolving credit facility, net645,138554,752
Unsecured term loans, net1,245,3821,244,881
Unsecured notes, net99,82099,795
Accrued interest payable23,21717,930
Other liabilities437,302471,401
Accounts payable and accrued expenses101,495153,164
Deferred revenue157,756134,053
Lease liability - financing leases105,859105,531
Lease liability - operating leases823,594827,692
Dividend and distributions payable20,13520,280
Security deposits56,39849,906
Liabilities related to assets held for sale10,6490
Junior subordinated deferrable interest debentures held by trusts that issued trust preferred securities100,000100,000
Total liabilities[1]5,521,9085,270,704
Commitments and contingencies
Noncontrolling interests in Operating Partnership272,235238,051
Preferred units166,501166,501
Equity  
Series I Preferred Stock, $0.01 par value, $25.00 liquidation preference, 9,200 issued and outstanding at both March 31, 2024 and December 31, 2023221,932221,932
Common stock, $0.01 par value, 160,000 shares authorized and 65,866 and 65,786 issued and outstanding at March 31, 2024 and December 31, 2023, respectively (including 1,060 and 1,060 shares held in treasury at March 31, 2024 and December 31, 2023, respectively)660660
Additional paid-in-capital3,831,1303,826,452
Treasury stock at cost(128,655)(128,655)
Accumulated other comprehensive income40,15117,477
Retained deficit(229,607)(151,551)
Total SL Green stockholders' equity3,735,6113,786,315
Noncontrolling interests in other partnerships68,03769,610
Total equity3,803,6483,855,925
Total liabilities and equity$ 9,764,292$ 9,531,181
[1]
(1) The Company's consolidated balance sheets include assets and liabilities of consolidated variable interest entities ("VIEs"). See Note 2. The consolidated balance sheets include the following amounts related to our consolidated VIEs, excluding the Operating Partnership: $120.4 million and $41.2 million of land, $81.3 million and $40.5 million of building and improvements, $— million and $— million of building and leasehold improvements, $— million and $— million of right of use assets, $5.7 million and $5.4 million of accumulated depreciation, $785.1 million and $676.9 million of other assets included in other line items, $254.3 million and $50.0 million of real estate debt, net, $2.7 million and $0.9 million of accrued interest payable, $— million and $— million of lease liabilities, and $332.5 million and $306.5 million of other liabilities included in other line items as of March 31, 2024 and December 31, 2023, respectively.
SLG
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, 2023, SL Green held interests in 60 buildings totaling 33.1 million square feet. This included ownership interests in 28.8 million square feet of Manhattan buildings and 3.4 million square feet securing debt and preferred equity investments.
 CEO
 WEBSITEslgreen.com
 INDUSTRYREIT Mortgage
 EMPLOYEES1137

SL Green Realty Corp Frequently Asked Questions


What is the ticker symbol for SL Green Realty Corp? What does SLG stand for in stocks?

SLG is the stock ticker symbol of SL Green Realty Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of SL Green Realty Corp (SLG)?

As of Fri Jul 19 2024, market cap of SL Green Realty Corp is 3.94 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SLG stock?

You can check SLG's fair value in chart for subscribers.

What is the fair value of SLG stock?

You can check SLG's fair value in chart for subscribers. The fair value of SL Green Realty Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of SL Green Realty Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SLG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is SL Green Realty Corp a good stock to buy?

The fair value guage provides a quick view whether SLG is over valued or under valued. Whether SL Green Realty Corp is cheap or expensive depends on the assumptions which impact SL Green Realty Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SLG.

What is SL Green Realty Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jul 19 2024, SLG's PE ratio (Price to Earnings) is -7.7 and Price to Sales (PS) ratio is 4.37. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SLG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on SL Green Realty Corp's stock?

In the past 10 years, SL Green Realty Corp has provided -0.018 (multiply by 100 for percentage) rate of return.