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SLG

SL Green Realty Corp

SLG

42.49USD-0.09 (-0.21%)Market Closed
Watchlist

Market Summary

USD42.49-0.09
Market Closed
-0.21%

SLG Alerts

  • 1 major insider sales recently.
  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

SLG Stock Price

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SLG RSI Chart

SLG Valuation

Market Cap

2.8B

Price/Earnings (Trailing)

-5.88

Price/Sales (Trailing)

4.12

Price/Free Cashflow

13.38

SLG Price/Sales (Trailing)

SLG Profitability

Return on Equity

-11.52%

Return on Assets

-4.88%

Free Cashflow Yield

7.47%

SLG Fundamentals

SLG Revenue

Revenue (TTM)

674.9M

Revenue Y/Y

-18.47%

Revenue Q/Q

-21.64%

SLG Earnings

Earnings (TTM)

-473.2M

Earnings Y/Y

-282%

Earnings Q/Q

94.32%

Price Action

Last 7 days

5.7%

Last 30 days

31.8%

Last 90 days

5.2%

Trailing 12 Months

31.0%

How does SLG drawdown profile look like?

SLG Financial Health

SLG Investor Care

Dividend Yield

7.84%

Dividend/Share (TTM)

3.33

Shares Dilution (1Y)

0.13%

Diluted EPS (TTM)

-7.66

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023694.5M714.2M674.9M0
2022627.1M610.4M617.7M655.5M
2021769.9M734.3M689.6M659.2M
20201.2B1.1B1.0B804.4M
20191.2B1.2B1.2B1.2B
20181.4B1.3B1.3B1.2B
2017549.1M869.9M1.2B1.5B
2016184.1M198.8M213.5M228.3M
20151.6B1.6B1.6B169.3M
20141.4B1.4B1.5B1.5B
20131.4B1.4B1.4B1.4B
20121.3B1.3B1.4B1.4B
20111.2B1.2B1.2B1.3B
2010974.1M973.8M1.0B1.1B
20091.0B1.0B1.0B978.4M
20080001.1B

Latest Insider Trading transactions for SLG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Nov 02, 2023
mathias andrew w
sold
-5,676,880
32.08
-176,960
president
Aug 14, 2023
burton edwin t iii
sold
-233,241
34.3001
-6,800
-
May 16, 2023
atkins betsy s
sold
-107,350
21.47
-5,000
-
Mar 24, 2023
diliberto matthew j.
bought
164,400
16.44
10,000
chief financial officer
Mar 24, 2023
levine andrew s
bought
162,400
16.24
10,000
chief legal officer & gc
Mar 03, 2023
hatkoff craig m
sold
-308,790
34.31
-9,000
-
Jan 24, 2023
hatkoff craig m
acquired
-
-
7,072
-
Jan 24, 2023
burton edwin t iii
acquired
-
-
6,889
-
Jan 24, 2023
dillard lauren b.
acquired
-
-
6,889
-
Jan 24, 2023
atkins betsy s
acquired
-
-
6,889
-

1–10 of 50

Which funds bought or sold SLG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
CITIGROUP INC
reduced
-32.11
-337,790
1,810,240
-%
Dec 04, 2023
TUCKER ASSET MANAGEMENT LLC
unchanged
-
182
933
-%
Nov 24, 2023
DEUTSCHE BANK AG\
added
2,563
72,317,600
74,573,100
0.05%
Nov 22, 2023
KBC Group NV
unchanged
-
-
155,000
-%
Nov 22, 2023
Public Sector Pension Investment Board
reduced
-30.35
-465,307
2,968,450
0.02%
Nov 22, 2023
Graham Capital Management, L.P.
sold off
-100
-721,680
-
-%
Nov 21, 2023
COMERICA BANK
new
-
1,280,170
1,280,170
0.01%
Nov 16, 2023
Financial Gravity Asset Management, Inc.
added
3,073
27,759
28,246
-%
Nov 15, 2023
Tudor Investment Corp Et Al
sold off
-100
-4,551,250
-
-%
Nov 15, 2023
MANUFACTURERS LIFE INSURANCE COMPANY, THE
added
20.54
453,882
1,368,570
-%

1–10 of 32

Latest Funds Activity

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

Schedule 13G FIlings of SL Green Realty Corp

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Jul 01, 2021
pggm investments
4.33%
2
SC 13G
Apr 12, 2021
blackrock inc.
11.7%
8,143,758
SC 13G
Feb 16, 2021
price t rowe associates inc /md/
7.2%
5,264,117
SC 13G/A

Recent SEC filings of SL Green Realty Corp

View All Filings
Date Filed Form Type Document
Dec 04, 2023
8-K
Current Report
Nov 29, 2023
8-K
Current Report
Nov 06, 2023
4
Insider Trading
Nov 06, 2023
10-Q
Quarterly Report
Nov 02, 2023
144
Notice of Insider Sale Intent
Nov 02, 2023
144
Notice of Insider Sale Intent
Oct 19, 2023
8-K
Current Report
Oct 10, 2023
8-K
Current Report

SLG Fair Value

Loading...

Peers (Alternatives to SL Green Realty Corp)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
96.2B
11.1B
11.92% -2.76%
151
8.7
5.85% -77.77%
50.4B
7.1B
20.06% -14.69%
32.46
7.12
2.84% -3.84%
25.0B
2.7B
4.02% 3.65%
26.9
9.13
8.23% -24.59%
20.0B
2.8B
19.50% -19.66%
26.64
7.46
12.15% -54.56%
12.7B
-
0.63% 7.78%
30.35
7.71
-74.13% 64.54%
MID-CAP
10.1B
3.2B
16.58% -3.32%
55.17
3.11
6.05% -80.01%
10.0B
1.3B
5.46% -3.02%
20.64
8.14
5.88% -18.75%
8.1B
1.1B
6.14% -7.98%
28.03
7.22
6.86% -24.99%
2.9B
873.6M
31.12% 5.68%
-8.64
3.31
1.54% -294.39%
2.8B
674.9M
31.83% 30.97%
-5.88
4.12
9.26% -627.28%
SMALL-CAP
1.3B
-
13.44% -19.55%
20.56
2.65
3.89% 17.90%
1.1B
578.6M
12.27% -4.10%
-389.64
1.93
29.91% 98.52%
1.0B
339.3M
11.70% -12.15%
-5.75
2.79
88.48% -168.70%
810.7M
242.8M
12.03% -16.39%
-6.33
3.34
-1.99% 43.00%
405.6M
274.5M
7.58% -34.81%
-61.48
1.48
54.00% 98.69%

SL Green Realty Corp News

Latest updates
Nasdaq08 Dec 202305:43 pm30 hours ago
InvestorsObserver07 Dec 202305:43 pm2 days ago
MarketBeat07 Dec 202311:27 am2 days ago
London South East06 Dec 202302:29 pm3 days ago
InvestorsObserver05 Dec 202307:18 pm4 days ago
Nasdaq05 Dec 202307:00 pm4 days ago
Yahoo Finance05 Dec 202304:11 pm4 days ago
Yahoo Finance05 Dec 202302:52 pm4 days ago
Invezz05 Dec 202307:20 am4 days ago
London South East04 Dec 202311:56 pm5 days ago
InvestorsObserver04 Dec 202307:25 pm5 days ago
News10NBC04 Dec 202305:16 pm5 days ago
Yahoo Finance04 Dec 202312:30 pm5 days ago
InvestorsObserver01 Dec 202305:49 pm8 days ago
Nasdaq27 Nov 202308:00 am12 days ago

Financials for SL Green Realty Corp

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue-21.6%17322119586.0021220115648.0020521818878.00250254223308314313304317308
Costs and Expenses---------41.0044.0042.00-46.0041.0054.00--58.0058.00--
Operating Expenses5.6%50.0047.0052.0047.0045.0040.0043.0040.0041.0044.0042.00----------
  S&GA Expenses-0.6%23.0023.0023.0024.0021.0024.0025.0026.0023.0022.0023.0025.0024.0024.0020.00--26.0026.00--
EBITDA Margin--------0.38*0.36*0.38*0.40*0.35*0.32*0.26*0.22*0.21*0.22*0.21*0.21*--
Interest Expenses----61.0041.0033.0032.0033.0034.0039.0040.0042.0043.0045.0057.00------
EBT Margin--------0.21*0.20*0.19*0.18*0.17*0.15*0.15*0.14*0.14*0.14*0.14*0.14*--
Net Income94.3%-20.23-356-35.99-60.5411.00-40.1411.00-47.53392109-3.7317518.0060.0011921.0037.0016548.00-57.4892.00
Net Income Margin-13.3%-0.70*-0.62*-0.15*-0.09*-0.08*0.34*0.58*0.53*0.76*0.32*0.26*0.35*0.19*0.20*0.27*------
Free Cashflow25.5%77.0062.0042.0026.0067.0010181.0065.0088.0085.00-44.6416340.00119-21.22------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets-3.5%9,69110,04112,34212,35612,71610,70511,01511,06710,85611,16612,04411,70812,39013,07213,22112,76612,76312,75912,75512,75113,223
    Cash Equivalents61.1%3091921592032011892243372582183052662211,015554241-149144279-
Liabilities-5.3%5,1695,4617,3627,2617,4925,4435,7245,7485,2125,7996,5366,2116,7467,2827,2526,5566,4466,3366,2256,1156,323
Shareholder's Equity0.3%4,1074,0934,5294,5854,6884,7494,7394,7785,0824,8144,9364,9365,1345,2065,3445,517-5,8805,8445,948-
  Retained Earnings-54.0%62.001365496517567808479761,2589349181,015-1,0821,0991,085---1,279-
  Additional Paid-In Capital0.2%3,8143,8063,7983,7903,7803,8013,7933,7393,7743,8233,9133,863-4,0224,1464,286---4,509-
Shares Outstanding0.0%65.0065.0065.0065.0065.0064.0064.0065.0065.0067.0067.0067.0069.0071.0073.0076.00-78.0078.0080.00-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations25.5%77.0062.0042.0026.0067.0010181.0065.0088.0085.0019.0022610418242.00--15662.00--
Cashflow From Investing1029.2%31128.00-66.3715213812213.0010724562120.00681-28.80533-129---174-291--
Cashflow From Financing-187.9%-389-135-2.77-179-97.17-253-124-180-303-791-9.97-839-871-235467---35.60246--
  Dividend Payments0.6%58.0058.0057.0065.0066.0065.0066.0066.0067.0069.0070.0070.0071.0074.0080.00--77.0077.00--
  Buy Backs-------15161.0010295.0084.0014630.00132220--75.0034.00--

SLG Income Statement

2023-09-30
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues    
Rental revenue, net$ 150,991$ 162,952$ 531,978$ 474,215
Investment income9,68929,51327,84969,808
Other income12,54019,99158,03857,842
Total revenues173,220212,456617,865601,865
Expenses    
Operating expenses, including related party expenses of $2 and $3 in 2023, and $0 and $5,695 in 202249,58545,011148,606127,151
Real estate taxes31,19535,111112,46396,677
Operating lease rent7,2537,38820,20920,429
Interest expense, net of interest income27,44021,824109,71451,854
Amortization of deferred financing costs2,1522,0436,3275,908
Depreciation and amortization50,21248,462197,844142,359
Loan loss and other investment reserves, net of recoveries006,8900
Transaction related costs1662921,083321
Marketing, general and administrative22,87321,27669,13269,574
Total expenses190,876181,407672,268514,273
Equity in net loss from unconsolidated joint ventures(15,126)(21,997)(44,470)(31,262)
Equity in net loss on sale of interest in unconsolidated joint venture/real estate00(79)(131)
Purchase price and other fair value adjustments10,183(1,117)(6,987)(7,348)
Gain (loss) on sale of real estate, net5164,276(27,813)(61,104)
Depreciable real estate reserves and impairment3890(305,527)0
Net (loss) income(21,694)12,211(439,279)(12,253)
Net loss (income) attributable to noncontrolling interests:    
Noncontrolling interests in the Operating Partnership1,574(491)27,4931,831
Noncontrolling interests in other partnerships1,7949934,459(2,269)
Preferred units distributions(1,903)(1,598)(5,352)(4,844)
Net (loss) income attributable to SL Green(20,229)11,115(412,679)(17,535)
Perpetual preferred stock dividends(3,738)(3,738)(11,213)(11,213)
Net (loss) income attributable to SL Green common stockholders, basic$ (23,967)$ 7,377$ (423,892)$ (28,748)
Basic (loss) earnings per share (in dollars per share)$ (0.38)$ 0.11$ (6.63)$ (0.47)
Diluted (loss) earnings per share (in dollars per share)$ (0.38)$ 0.11$ (6.63)$ (0.47)
Basic weighted average common shares outstanding (in shares)64,11463,94964,09963,971
Diluted weighted average common shares and common share equivalents outstanding (in shares)68,29668,89768,27469,249

SLG Balance Sheet

2023-09-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Commercial real estate properties, at cost:  
Land and land interests$ 1,090,370$ 1,576,927
Building and improvements3,605,2474,903,776
Building leasehold and improvements1,343,3861,691,831
Right of use asset - operating leases953,2361,026,265
Total commercial real estate properties, at cost6,992,2399,198,799
Less: accumulated depreciation(1,997,942)(2,039,554)
Total commercial real estate properties, net4,994,2977,159,245
Cash and cash equivalents189,750203,273
Restricted cash119,573180,781
Investments in marketable securities9,61611,240
Tenant and other receivables37,29534,497
Related party receivables9,72327,352
Deferred rents receivable262,808257,887
Debt and preferred equity investments, net of discounts and deferred origination fees of $1,638 and $1,811 and allowances of $13,520 and $6,630 in 2023 and 2022, respectively334,327623,280
Investments in unconsolidated joint ventures3,152,7523,190,137
Deferred costs, net108,370121,157
Other assets472,071546,945
Total assets[1]9,690,58212,355,794
Liabilities  
Mortgages and other loans payable, net1,512,7463,227,563
Revolving credit facility, net394,368443,217
Unsecured term loans, net1,243,6491,641,552
Unsecured notes, net99,76999,692
Accrued interest payable17,93414,227
Other liabilities453,349236,211
Accounts payable and accrued expenses146,332154,867
Deferred revenue136,063272,248
Lease liability - financing leases105,198104,218
Lease liability - operating leases887,412895,100
Dividend and distributions payable21,72521,569
Security deposits50,07150,472
Junior subordinated deferrable interest debentures held by trusts that issued trust preferred securities100,000100,000
Total liabilities[1]5,168,6167,260,936
Commitments and contingencies
Noncontrolling interests in Operating Partnership248,222269,993
Preferred units166,501177,943
Equity  
Series I Preferred Stock, $0.01 par value, $25.00 liquidation preference, 9,200 issued and outstanding at both September 30, 2023 and December 31, 2022221,932221,932
Common stock, $0.01 par value, 160,000 shares authorized and 65,458 and 65,440 issued and outstanding at September 30, 2023 and December 31, 2022, respectively (including 1,060 and 1,060 shares held in treasury at September 30, 2023 and December 31, 2022, respectively)656656
Additional paid-in-capital3,813,7583,790,358
Treasury stock at cost(128,655)(128,655)
Accumulated other comprehensive income69,61649,604
Retained earnings62,406651,138
Total SL Green stockholders' equity4,039,7134,585,033
Noncontrolling interests in other partnerships67,53061,889
Total equity4,107,2434,646,922
Total liabilities and equity/capital$ 9,690,582$ 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, $39.8 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, $5.2 million and $4.4 million of accumulated depreciation, $664.1 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, $0.0 million and $0.2 million of accrued interest payable, $— million and $— million of lease liabilities, and $304.7 million and $146.4 million of other liabilities included in other line items as of September 30, 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
 WEBSITEwww.slgreen.com
 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 Dec 08 2023, market cap of SL Green Realty Corp is 2.78 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. 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 Dec 08 2023, SLG's PE ratio (Price to Earnings) is -5.88 and Price to Sales (PS) ratio is 4.12. 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 -0.034 (multiply by 100 for percentage) rate of return.