SLG 📈 SL Green Realty - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US78440X8048

SLG: Office Buildings, Commercial Properties, Real Estate

SL Green Realty Corp, a prominent player in the Manhattan real estate landscape, operates as a fully integrated real estate investment trust, or REIT, with a primary focus on acquiring, managing, and enhancing the value of commercial properties in Manhattan. The company's extensive portfolio, as of September 30, 2024, comprises interests in 55 buildings, spanning a total of 31.8 million square feet. This includes direct ownership interests in 28.1 million square feet of Manhattan buildings, as well as 2.8 million square feet secured through debt and preferred equity investments, showcasing the company's diversified approach to real estate investment.

With a significant presence in the Manhattan market, SL Green Realty Corp has established itself as a major office landlord, leveraging its expertise to maximize property values and drive growth. The company's investment strategy is centered on identifying opportunities to acquire and reposition high-quality properties, with a focus on enhancing rental income and increasing property values over time. As a publicly traded company, SL Green Realty Corp offers investors the opportunity to participate in the Manhattan real estate market through its common stock, which is listed on the New York Stock Exchange under the ticker symbol SLG, and can be found on the company's website at https://www.slgreen.com, with the ISIN code US78440X8048, classified under the GICS Sub Industry of Diversified REITs.

Additional Sources for SLG Stock

SLG Stock Overview

Market Cap in USD 5,420m
Sector Real Estate
Industry REIT - Office
GiC Sub-Industry Diversified REITs
IPO / Inception 1997-08-15

SLG Stock Ratings

Growth 5y 16.8%
Fundamental -24.7%
Dividend 34.1%
Rel. Strength Industry 1555
Analysts 3.05/5
Fair Price Momentum 71.59 USD
Fair Price DCF 82.76 USD

SLG Dividends

Dividend Yield 12m 4.41%
Yield on Cost 5y 4.66%
Annual Growth 5y -2.39%
Payout Consistency 93.2%

SLG Growth Ratios

Growth Correlation 3m 32.9%
Growth Correlation 12m 96.7%
Growth Correlation 5y 1.1%
CAGR 5y 1.09%
CAGR/Mean DD 5y 0.03
Sharpe Ratio 12m 1.25
Alpha 18.55
Beta 1.52
Volatility 38.05%
Current Volume 2712.7k
Average Volume 20d 1392.2k
What is the price of SLG stocks?
As of December 22, 2024, the stock is trading at USD 68.01 with a total of 2,712,656 shares traded.
Over the past week, the price has changed by -8.51%, over one month by -13.66%, over three months by -6.58% and over the past year by +53.65%.
Is SL Green Realty a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, SL Green Realty is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -24.70 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of SLG as of December 2024 is 71.59. This means that SLG is currently overvalued and has a potential downside of 5.26%.
Is SLG a buy, sell or hold?
SL Green Realty has received a consensus analysts rating of 3.05. Therefor, it is recommend to hold SLG.
  • Strong Buy: 1
  • Buy: 2
  • Hold: 13
  • Sell: 3
  • Strong Sell: 0
What are the forecast for SLG stock price target?
According to ValueRays Forecast Model, SLG SL Green Realty will be worth about 78.1 in December 2025. The stock is currently trading at 68.01. This means that the stock has a potential upside of +14.79%.
Issuer Forecast Upside
Wallstreet Target Price 70.1 3%
Analysts Target Price 34.1 -49.9%
ValueRay Target Price 78.1 14.8%