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
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
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 |
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%.
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%.
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
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% |