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SLG

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

49.70USD-1.49 (-2.91%)Market Closed

Market Summary

SLG
USD49.70-1.49
Market Closed
-2.91%

SLG Stock Price

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SLG RSI Chart

SLG Valuation

Market Cap

3.2B

Price/Earnings (Trailing)

-5.7

Price/Sales (Trailing)

3.58

EV/EBITDA

4.63

Price/Free Cashflow

14.03

SLG Price/Sales (Trailing)

SLG Profitability

EBT Margin

19.36%

Return on Equity

-14.91%

Return on Assets

-5.92%

Free Cashflow Yield

7.13%

SLG Fundamentals

SLG Revenue

Revenue (TTM)

899.4M

Rev. Growth (Yr)

-7.03%

Rev. Growth (Qtr)

79.03%

SLG Earnings

Earnings (TTM)

-564.6M

Earnings Growth (Yr)

-150.88%

Earnings Growth (Qtr)

-650.8%

Breaking Down SLG Revenue

Last 7 days

-7.7%

Last 30 days

-1.6%

Last 90 days

11.5%

Trailing 12 Months

125.9%

How does SLG drawdown profile look like?

SLG Financial Health

SLG Investor Care

Dividend Yield

6.5%

Dividend/Share (TTM)

3.23

Shares Dilution (1Y)

0.67%

Diluted EPS (TTM)

-9.13

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023942.5M962.1M922.9M899.4M
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
atkins betsy s
sold
-467,492
47.25
-9,894
-
Jan 26, 2024
hatkoff craig m
sold
-238,425
46.75
-5,100
-
Jan 05, 2024
dillard lauren b.
acquired
-
-
5,118
-
Jan 05, 2024
brown carol n
acquired
-
-
5,118
-
Jan 05, 2024
burton edwin t iii
acquired
-
-
5,118
-
Jan 05, 2024
hatkoff craig m
acquired
-
-
5,118
-
Jan 05, 2024
atkins betsy s
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
Apr 12, 2024
Gilman Hill Asset Management, LLC
reduced
-4.36
1,434,590
10,012,100
1.79%
Apr 11, 2024
SALEM INVESTMENT COUNSELORS INC
unchanged
-
956
5,317
-%
Apr 11, 2024
Fortitude Family Office, LLC
unchanged
-
508
2,812
-%
Apr 11, 2024
Rheos Capital Works Inc.
unchanged
-
2,081,000
11,522,000
0.55%
Apr 11, 2024
MEYER HANDELMAN CO
unchanged
-
79,581
440,489
0.01%
Apr 10, 2024
Green Alpha Advisors, LLC
added
13.03
765,829
2,783,840
2.02%
Apr 09, 2024
MASSMUTUAL TRUST CO FSB/ADV
added
8.59
2,909
11,853
-%
Apr 09, 2024
Rise Advisors, LLC
new
-
12,575
12,575
0.01%
Apr 09, 2024
MATHER GROUP, LLC.
unchanged
-
-
861,256
0.01%
Apr 08, 2024
Pensionfund Sabic
unchanged
-
19,000
105,000
0.03%

1–10 of 36

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
Mar 29, 2024
4
Insider Trading
Mar 29, 2024
4
Insider Trading
Mar 14, 2024
4
Insider Trading
Feb 26, 2024
S-3ASR
S-3ASR
Feb 23, 2024
10-K
Annual Report
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 12, 2024
4
Insider Trading
Feb 09, 2024
144
Notice of Insider Sale Intent
Feb 07, 2024
4
Insider Trading
Feb 07, 2024
4
Insider Trading

Peers (Alternatives to SL Green Realty Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
83.1B
11.1B
-9.66% -13.83%
60.81
7.46
4.04% -19.43%
41.5B
7.0B
-9.60% -26.03%
27.65
5.95
-0.07% -10.36%
25.7B
2.8B
-1.70% 6.38%
27.64
9.27
6.73% -18.30%
20.5B
2.9B
-3.74% 0.55%
197.59
7.1
11.46% -80.13%
12.7B
1.6B
-3.36% 8.14%
29.37
7.9
7.80% 39.39%
10.7B
1.3B
-1.98% -2.93%
29.32
8.08
8.04% -24.50%
9.2B
3.3B
-6.31% 15.09%
48.4
2.81
5.31% -77.32%
MID-CAP
8.1B
1.1B
-1.05% 1.77%
34.35
7.19
5.38% -38.52%
3.4B
884.1M
-1.05% 66.77%
-12.56
3.89
2.90% -314.82%
3.2B
899.4M
-1.62% 125.91%
-5.7
3.58
-0.45% -623.11%
SMALL-CAP
1.3B
441.2M
-2.88% 17.82%
19.35
2.84
4.38% 15.77%
1.2B
198.2M
7.12% 4.87%
-7.34
5.82
-43.33% -270.70%
1.1B
605.6M
-7.57% 5.74%
13.37
1.77
25.53% 134.62%
627.7M
258.7M
-4.58% -31.06%
-12.9
2.43
0.11% 83.70%
399.8M
277.9M
-10.13% -19.51%
-25.21
1.44
44.33% 96.06%

SL Green Realty Corp News

Latest updates
MarketWatch6 hours ago
Defense World12 Apr 202409:26 am
Yahoo Finance16 Feb 202408:00 am

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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue79.0%31017322119533421220115621220521822678.00250254223308314313304317
Costs and Expenses----------41.0044.0042.00-46.0041.0054.00-60.0058.0058.00-
Operating Expenses-3.0%48.0050.0047.0052.0047.0045.0040.0043.0040.0041.0044.0042.00---------
  S&GA Expenses84.8%42.0023.0023.0023.0024.0021.0024.0025.0026.0023.0022.0023.0025.0024.0024.0020.0026.0024.0026.0026.0026.00
EBITDA Margin-27.8%0.65*0.91*0.85*0.85*0.85*0.81*0.81*0.82*0.81*0.80*0.83*0.85*---------
Interest Expenses-----64.0041.0033.0032.0040.0034.0039.0040.0042.0043.0045.0057.00-----
EBT Margin-25.0%0.19*0.26*0.24*0.25*0.27*0.28*0.29*0.28*0.26*0.25*0.24*0.23*---------
Net Income-650.8%-151-20.23-356-35.99-60.5411.00-40.1411.00-47.53392109-3.7317518.0060.0011921.0037.0016548.00-57.48
Net Income Margin-22.4%-0.63*-0.51*-0.62*-0.18*-0.12*-0.11*0.52*0.74*0.68*0.97*0.41*0.32*---------
Free Cashflow-37.7%48.0077.0062.0042.0026.0067.0010181.0065.0088.0085.0019.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42018Q42018Q32018Q22018Q1
Assets-1.6%9,5319,69110,04112,34212,35612,71610,70511,01511,06710,85611,16612,04411,70812,32413,07213,22112,76612,75113,45513,71413,381
    Cash Equivalents16.9%2221901921592032011892242512582183053732211,015554241279160287289
Liabilities2.0%5,2715,1695,4617,3627,2617,4925,4435,7245,7485,2125,7996,5366,2116,6347,2827,2526,5566,1156,4196,6846,066
Shareholder's Equity-6.3%3,7864,0404,1604,5294,5854,7524,7494,7394,7785,0824,8144,9364,9365,1345,2065,3445,5175,9486,2156,2426,488
  Retained Earnings-342.8%-15162.001365496517567808479761,2589349181,0151,0351,0821,0991,0851,2791,4771,4581,584
  Additional Paid-In Capital0.3%3,8263,8143,8063,7983,7903,7803,8013,7933,7393,7743,8233,9133,8633,9994,0224,1464,2864,5094,6034,6024,777
Shares Outstanding0.5%66.0065.0065.0065.0065.0064.0064.0064.0066.0066.0067.0067.00---------
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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-37.7%48.0077.0062.0042.0026.0067.0010181.0065.0088.0085.0019.0022610418242.0077.0082.0015662.00124
Cashflow From Investing-132.3%-10031128.00-66.3715213812213.0010724562120.00681-28.80533-129355226-174-291181
Cashflow From Financing120.1%78.00-389-135-2.77-179-97.17-253-124-180-303-791-9.97-839-871-235467-407-331-35.60246-284
  Dividend Payments0.1%58.0058.0058.0057.0065.0066.0065.0066.0066.0067.0069.0070.0070.0071.0074.0080.0076.0076.0077.0077.0076.00
  Buy Backs--------15161.0010295.0084.0014630.0013222020966.0075.0034.00219

SLG Income Statement

2023-12-31
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues   
Rental revenue, net$ 683,335$ 671,500$ 678,176
SUMMIT Operator revenue118,26089,04816,311
Investment income34,70581,11380,340
Other income77,41077,79386,483
Total revenues913,710919,454861,310
Expenses   
Real estate taxes143,757138,228152,835
Operating lease rent27,29226,94326,554
SUMMIT Operator expenses101,21189,20716,219
Interest expense, net of interest income137,11489,47370,891
Amortization of deferred financing costs7,8377,81711,424
SUMMIT Operator tax expense9,2012,6471,000
Depreciation and amortization247,810216,167216,969
Loan loss and other investment reserves, net of recoveries6,89002,931
Transaction related costs1,0994093,773
Marketing, general and administrative111,38993,79894,912
Total expenses990,296838,752764,661
Equity in net loss from unconsolidated joint ventures(76,509)(57,958)(55,402)
Equity in net loss on sale of interest in unconsolidated joint venture/real estate(13,368)(131)(32,757)
Purchase price and other fair value adjustments(17,260)(8,118)210,070
(Loss) gain on sale of real estate, net(32,370)(84,485)287,417
Depreciable real estate reserves and impairments(382,374)(6,313)(23,794)
Loss on early extinguishment of debt(870)0(1,551)
Net (loss) income(599,337)(76,303)480,632
Net loss (income) attributable to noncontrolling interests:   
Noncontrolling interests in the Operating Partnership37,4655,794(25,457)
Noncontrolling interests in other partnerships4,568(1,122)1,884
Preferred units distributions(7,255)(6,443)(7,305)
Net income (loss) attributable to SL Green/SLGOP(564,559)(78,074)449,754
Perpetual preferred stock dividends(14,950)(14,950)(14,950)
Net (loss) income attributable to SL Green common stockholders, basic(579,509)(93,024)434,804
Net (loss) income attributable to SL Green common stockholders, diluted$ (619,629)$ (101,037)$ 459,902
Basic (loss) earnings per share (in dollars per share)$ (9.12)$ (1.49)$ 6.57
Diluted (loss) earnings per share (in dollars per share)$ (9.12)$ (1.49)$ 6.50
Basic weighted average common shares outstanding (in shares)63,80963,91765,740
Diluted weighted average common shares and common share equivalents outstanding (in shares)67,97267,92970,769
Nonrelated party   
Expenses   
Operating expenses, including related party expenses of $5 in 2023, $5,701 in 2022 and $12,377 in 2021$ 196,696$ 174,063$ 167,153

SLG Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Commercial real estate properties, at cost:  
Land and land interests$ 1,092,671$ 1,576,927
Building and improvements3,655,6244,903,776
Building leasehold and improvements1,354,5691,691,831
Right of use asset - operating leases953,2361,026,265
Total commercial real estate properties, at cost7,056,1009,198,799
Less: accumulated depreciation(2,035,311)(2,039,554)
Total commercial real estate properties, net5,020,7897,159,245
Cash and cash equivalents221,823203,273
Restricted cash113,696180,781
Investments in marketable securities9,59111,240
Tenant and other receivables33,27034,497
Related party receivables12,16827,352
Deferred rents receivable264,653257,887
Debt and preferred equity investments, net of discounts and deferred origination fees of $1,630 and $1,811 and allowances of $13,520 and $6,630 in 2023 and 2022, respectively346,745623,280
Investments in unconsolidated joint ventures2,983,3133,190,137
Deferred costs, net111,463121,157
Other assets413,670546,945
Total assets[1]9,531,18112,355,794
Liabilities  
Mortgages and other loans payable, net1,491,3193,227,563
Revolving credit facility, net554,752443,217
Unsecured term loans, net1,244,8811,641,552
Unsecured notes, net99,79599,692
Accrued interest payable17,93014,227
Other liabilities471,401236,211
Accounts payable and accrued expenses153,164154,867
Deferred revenue134,053272,248
Lease liability - financing leases105,531104,218
Lease liability - operating leases827,692895,100
Dividend and distributions payable20,28021,569
Security deposits49,90650,472
Junior subordinated deferrable interest debentures held by trusts that issued trust preferred securities100,000100,000
Total liabilities[1]5,270,7047,260,936
Commitments and contingencies
Noncontrolling interests in Operating Partnership238,051269,993
Preferred units166,501177,943
SL Green stockholders' equity:  
Series I Preferred Stock, $0.01 par value, $25.00 liquidation preference, 9,200 issued and outstanding at both December 31, 2023 and 2022221,932221,932
Common stock, $0.01 par value, 160,000 shares authorized and 65,786 and 65,440 issued and outstanding at December 31, 2023 and 2022, respectively (including 1,060 and 1,060 shares held in treasury at December 31, 2023 and 2022, respectively)660656
Additional paid-in-capital3,826,4523,790,358
Treasury stock at cost(128,655)(128,655)
Accumulated other comprehensive income17,47749,604
Retained (deficit) earnings(151,551)651,138
Total SL Green stockholders' equity3,786,3154,585,033
Noncontrolling interests in other partnerships69,61061,889
Total equity3,855,9254,646,922
Total liabilities and equity/capital$ 9,531,181$ 12,355,794
[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: $41.2 million and $41.2 million of land, $40.5 million and $41.0 million of building and improvements, $— million and $— million of building and leasehold improvements, $— million and $— million of right of use assets, $5.4 million and $4.4 million of accumulated depreciation, $676.9 million and $599.2 million of other assets included in other line items, $50.0 million and $49.8 million of real estate debt, net, $0.9 million and $0.2 million of accrued interest payable, $— million and $— million of lease liabilities, and $306.5 million and $146.4 million of other liabilities included in other line items as of December 31, 2023 and December 31, 2022, 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 Mon Apr 15 2024, market cap of SL Green Realty Corp is 3.22 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 Mon Apr 15 2024, SLG's PE ratio (Price to Earnings) is -5.7 and Price to Sales (PS) ratio is 3.58. 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 -0.028 (multiply by 100 for percentage) rate of return.