SLG Stock Overview
About the company
SL Green Realty Corp., an S&P 500 company and 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 December 31, 2020, SL Green held interests in 88 buildings totaling 38.2 million square feet. This included ownership interests in 28.6 million square feet of Manhattan buildings and 8.7 million square feet securing debt and preferred equity investments.
Snowflake Analysis
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 6/6 |
My Notes
Capture your thoughts, links and company narrative
SL Green Realty Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$34.27 |
| 52 Week High | US$83.96 |
| 52 Week Low | US$32.15 |
| Beta | 1.47 |
| 1 Month Change | -18.07% |
| 3 Month Change | -3.63% |
| 1 Year Change | -55.38% |
| 3 Year Change | -55.98% |
| 5 Year Change | -67.62% |
| Change since IPO | 29.24% |
Recent News & Updates
Recent updates
SL Green Realty declares $0.2708 dividend
Feb 16
SL Green: Grab A Near 8% Monthly Yield
Feb 02
SL Green Realty: Tread Cautiously
Jan 19
SL Green Realty Corp.: The Ultimate Capitulation Move
Jan 11
SL Green Realty Q3 2022 Earnings Preview
Oct 18
SL Green Realty: Making A Contrarian Bet On Manhattan Real Estate
Sep 29
SL Green Realty declares $0.3108 dividend
Sep 19
SL Green Realty announces acquisition of 245 Park Avenue
Sep 12
SL Green Realty: Don't Bet Against NYC Real Estate
Aug 30
SL Green Realty declares $0.3108 dividend
Aug 16
SL Green Realty declares $0.3108 dividend
Jul 19
SL Green Realty: 7.6% Yield, 52% Upside, Major Debt Risk
Jun 21
Analysts Are Betting On SL Green Realty Corp. (NYSE:SLG) With A Big Upgrade This Week
Apr 22
SL Green Is Top Quality But We're Not Ready To Bet On New York
Apr 12
SL Green Realty: Recovery Is On The Way
Apr 03
SL Green Realty: 5.3% Dividend Yield Owing To Omicron Mutation
Dec 07
Here's Why We Think SL Green Realty (NYSE:SLG) Is Well Worth Watching
Nov 17
SL Green Realty: The King Of The Island
Sep 16
Here's Why I Think SL Green Realty (NYSE:SLG) Is An Interesting Stock
Aug 03
SL Green: Great Company Priced At Fair Value
Jul 06
SL Green Realty declares $0.3033 dividend
Jun 18
SL Green Realty Corp. Is A Good Bet On The Big Apple
Jun 06
It Looks Like SL Green Realty Corp.'s (NYSE:SLG) CEO May Expect Their Salary To Be Put Under The Microscope
Jun 02
Shareholder Returns
| SLG | US REITs | US Market | |
|---|---|---|---|
| 7D | -1.3% | 1.2% | 2.1% |
| 1Y | -55.4% | -16.8% | -7.7% |
Return vs Industry: SLG underperformed the US REITs industry which returned -16.8% over the past year.
Return vs Market: SLG underperformed the US Market which returned -7.7% over the past year.
Price Volatility
| SLG volatility | |
|---|---|
| SLG Average Weekly Movement | 5.5% |
| REITs Industry Average Movement | 3.8% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 2.6% |
Stable Share Price: SLG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: SLG's weekly volatility (6%) has been stable over the past year.
SL Green Realty Corp. Fundamentals Summary
| SLG fundamental statistics | |
|---|---|
| Market Cap | US$2.22b |
| Earnings (TTM) | -US$95.24m |
| Revenue (TTM) | US$763.38m |
2.9x
P/S Ratio
-23.2x
P/E Ratio
Is SLG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SLG income statement (TTM) | |
|---|---|
| Revenue | US$763.38m |
| Cost of Revenue | US$339.23m |
| Gross Profit | US$424.15m |
| Other Expenses | US$519.39m |
| Earnings | -US$95.24m |
Last Reported Earnings
Dec 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.48 |
| Gross Margin | 55.56% |
| Net Profit Margin | -12.48% |
| Debt/Equity Ratio | 108.4% |
How did SLG perform over the long term?
See historical performance and comparisonDividends
9.5%
Current Dividend Yield
57%
Payout Ratio
