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Sl Green Realty Corp. (SLG)
NYSE:SLG
SL Green Realty (SLG) Stock Price & Analysis
836 Followers
SLG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$19.33 - $57.34
Previous Close$52.99
Volume699.70K
Average Volume (3M)1.13M
Market Cap
$3.61B
Enterprise Value$8.63B
Total Cash (Recent Filing)$231.41M
Total Debt (Recent Filing)$4.77B
Price to Earnings (P/E)-6.4
Beta1.61
Next Earnings
Jul 17, 2024EPS Estimate
-$0.23Last Dividend Ex-Date
Apr 29, 2024Dividend Yield5.97%
Share Statistics
EPS (TTM)-8.28
Shares Outstanding64,805,769
10 Day Avg. Volume898,533
30 Day Avg. Volume1,132,396
Standard Deviation0.15
R-Squared0.40
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)0.96
Price to Sales (P/S)11.61
Price to Cash Flow (P/CF)17.80
P/FCF Ratio29.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue9.44
Enterprise Value/Gross Profit9.44
Enterprise Value/Ebitda17.70
Forecast
1Y Price Target
$45.00Price Target Upside-15.08% Downside
Rating ConsensusHold
Number of Analyst Covering12
SL Green Realty News
PremiumCompany Announcements
Sl Green Realty Corp Clarifies Financial Disclosure Nuances
Bulls Say, Bears Say
Bulls Say
Financial PerformanceSLG's 1Q24 results showed a 43% increase in leasing activity compared to the last twelve months, indicating strong performance.
Market PositionIncreasing market share for relocating tech workers and college grads are positive leading indicators for NYC office.
Strategic Financial ManagementSLG announced strategic debt modifications and extensions on favorable terms, including the refinancing of its largest 2024 maturity.
Bears Say
Financial Performance'Clean' FFO fell shy of expectations and the implied 'clean' guidance also appears to be lower.
Financial RiskSLG's biggest risk is its high leverage and debt maturities.
Operational WeaknessThe Same-Store Manhattan leased rate decreased and cash Same-Store NOI was negative, suggesting a softening in core property performance.
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Ownership Overview
0.41% Insiders
27.54% Mutual Funds
45.11% Other Institutional Investors
26.94% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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SLG FAQ
What was Sl Green Realty Corp.’s price range in the past 12 months?
Sl Green Realty Corp. lowest stock price was $19.33 and its highest was $57.34 in the past 12 months.
What is Sl Green Realty Corp.’s market cap?
Currently, no data Available
When is Sl Green Realty Corp.’s upcoming earnings report date?
Sl Green Realty Corp.’s upcoming earnings report date is Jul 17, 2024 which is in 58 days.
How were Sl Green Realty Corp.’s earnings last quarter?
Sl Green Realty Corp. released its earnings results on Apr 17, 2024. The company reported $0.2 earnings per share for the quarter, missing the consensus estimate of $0.284 by -$0.084.
Is Sl Green Realty Corp. overvalued?
According to Wall Street analysts Sl Green Realty Corp.’s price is currently Overvalued.
Does Sl Green Realty Corp. pay dividends?
Sl Green Realty Corp. pays a Monthly dividend of $0.25 which represents an annual dividend yield of 5.97%. See more information on Sl Green Realty Corp. dividends here
What is Sl Green Realty Corp.’s EPS estimate?
Sl Green Realty Corp.’s EPS estimate is -$0.23.
How many shares outstanding does Sl Green Realty Corp. have?
Sl Green Realty Corp. has 64,805,770 shares outstanding.
What happened to Sl Green Realty Corp.’s price movement after its last earnings report?
Sl Green Realty Corp. reported an EPS of $0.2 in its last earnings report, missing expectations of $0.284. Following the earnings report the stock price went down -2.307%.
Which hedge fund is a major shareholder of Sl Green Realty Corp.?
Among the largest hedge funds holding Sl Green Realty Corp.’s share is Moore Capital Management LP. It holds Sl Green Realty Corp.’s shares valued at 46M.
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SL Green Realty Stock Smart Score
Neutral
1
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10
Analyst Consensus
Hold
Average Price Target:
$45.00 (-15.08% Downside)
$45.00 (-15.08% Downside)
Blogger Sentiment
Bullish
SLG Sentiment 77%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 190.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 4.6%
Last 30 Days ▼ 4.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
160.82%
12-Months-Change
Fundamentals
Return on Equity
-11.87%
Trailing 12-Months
Asset Growth
-20.89%
Trailing 12-Months
Company Description
Sl Green Realty Corp.
SL Green Realty Corp. operates as a real estate investment trust. The firm engages in the acquisition, development, ownership, management and operation of commercial and residential real estate properties. It operates through the Real Estate, and Debt and Preferred Equity Investments business segments. The Real Estate segment consists of security, maintenance, utility costs, real estate taxes, and at certain properties ground rent expense. The Debt and Preferred Equity Investments segment includes cash flow from operations, cash on hand, and other forms of secured or unsecured financing. The company was founded by Stephen L. Green in June 1997 and is headquartered in New York, NY.
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SLG Earnings Call
Q1 2024
0:00 / 0:00
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SLG Stock 12 Month Forecast
Average Price Target
$45.00
▼(-15.08% Downside)
Technical Analysis
Best Analysts Covering SLG
1 Year
1 Year Success Rate
10/16 ratings generated profit
1 Year Average Return
-2.47%
reiterated a sell rating 25 days ago
Copying Anthony Paolone's trades and holding each position for 1 Year would result in 62.50% of your transactions generating a profit, with an average return of -2.47% per trade.
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