SL Green Realty (SLG) Stock Price, News & Analysis

Company Overview

SL Green Realty Corp. (NYSE: SLG) is a publicly traded real estate investment trust (REIT) focused primarily on the acquisition, management and development of commercial office properties in Manhattan. As one of New York City’s largest office landlords, the company’s portfolio includes Class A office buildings and mixed-use projects located in prime Midtown and Downtown submarkets. SL Green generates revenue through leasing office space to a diverse mix of tenants spanning financial services, technology, media and professional services firms.

Founded in 1980 by real estate investor Stephen L. Green, the company converted to a REIT in 1997 to take advantage of tax benefits and enhance its capital-raising capabilities. Over the decades, SL Green has grown its footprint through strategic property acquisitions, ground-up developments and joint ventures with institutional partners. The firm has demonstrated an ability to navigate market cycles in Manhattan, repositioning assets and capitalizing on redevelopment opportunities to drive occupancy gains and rental growth.

In addition to property ownership and leasing, SL Green provides comprehensive asset management and property management services, including tenant relations, building operations and capital improvements. The company has been active in sustainable building initiatives, pursuing green certifications and energy efficiency upgrades in an effort to reduce operating costs and meet tenant demand for environmentally responsible workspaces. Its development pipeline has included high-profile projects such as the redevelopment of 1515 Broadway and the expansion of One Madison Avenue.

SL Green is led by Chief Executive Officer Marc Holliday, who has overseen the company’s strategic evolution and growth since 1995. Under his leadership, the firm has focused on strengthening its balance sheet, optimizing its portfolio mix and pursuing value-enhancing transactions. Headquartered in New York City, SL Green continues to be guided by a board of directors with extensive experience in real estate investment, finance and development, positioning the company to benefit from evolving market dynamics in Manhattan’s office sector.

Key Stats

• Today's Range: $56.53 to $57.33
• 50-Day Range: $51.98 to $63.93
• 52-Week Range: $45.15 to $82.81
• Volume: 867,688 shs
• Average Volume: 797,410 shs
• Market Capitalization: $4.06 billion
• P/E Ratio: N/A
• Dividend Yield: 5.43%
• Price Target: $67.29
• Consensus Rating: Hold

SL Green Realty Stock Analysis - MarketRank™

SL Green Realty scored higher than 61% of companies evaluated by MarketBeat, and ranked 620th out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

SL Green Realty has received a consensus rating of Hold. The company's average rating score is 2.27, and is based on 4 buy ratings, 11 hold ratings, and no sell ratings.

Amount of Analyst Coverage

SL Green Realty has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 2.76%

Earnings Growth

Earnings for SL Green Realty are expected to grow by 2.76% in the coming year, from $5.43 to $5.58 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of SL Green Realty is -105.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of SL Green Realty is -105.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

SL Green Realty has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

9.85% of the float of SL Green Realty has been sold short.

Short Interest Ratio / Days to Cover

SL Green Realty has a short interest ratio ("days to cover") of 6.6.

Change versus previous month

Short interest in SL Green Realty has recently decreased by 12.58%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

SL Green Realty is a leading dividend payer. It pays a dividend yield of 5.43%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

SL Green Realty has only been increasing its dividend for 1 years.

Dividend Sustainability

Based on earnings estimates, SL Green Realty will have a dividend payout ratio of 55.38% next year. This indicates that SL Green Realty will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

9.85% of the float of SL Green Realty has been sold short.

Short Interest Ratio / Days to Cover

SL Green Realty has a short interest ratio ("days to cover") of 6.6.

Change versus previous month

Short interest in SL Green Realty has recently decreased by 12.58%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.7 / 5
• News Sentiment: 1.57

News Sentiment

SL Green Realty has a news sentiment score of 1.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.23 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for SL Green Realty this week, compared to 9 articles on an average week.

Search Interest

1 people have searched for SLG on MarketBeat in the last 30 days.

MarketBeat Follows

3 people have added SL Green Realty to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, SL Green Realty insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $151,525.00 in company stock.

Percentage Held by Insiders

Only 5.04% of the stock of SL Green Realty is held by insiders.

Percentage Held by Institutions

89.96% of the stock of SL Green Realty is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SLG Stock Analysis - Frequently Asked Questions

How have SLG shares performed this year?

SL Green Realty's stock was trading at $67.92 on January 1st, 2025. Since then, SLG shares have decreased by 16.3% and is now trading at $56.8610.

How were SL Green Realty's earnings last quarter?

SL Green Realty Corporation (NYSE:SLG) issued its earnings results on Wednesday, July, 16th. The real estate investment trust reported $1.63 earnings per share for the quarter, beating analysts' consensus estimates of $1.37 by $0.26. The firm's revenue was up 8.6% compared to the same quarter last year.
Read the conference call transcript.

When did SL Green Realty's stock split?

Shares of SL Green Realty reverse split before market open on Monday, January 24th 2022.The 1-1.030599 reverse split was announced on Monday, January 24th 2022. The number of shares owned by shareholders was adjusted after the market closes on Monday, January 24th 2022. An investor that had 100 shares of stock prior to the reverse split would have 97 shares after the split.

Who are SL Green Realty's major shareholders?

Top institutional shareholders of SL Green Realty include State Street Corp (5.97%), Geode Capital Management LLC (2.57%), Prudential Financial Inc. (2.28%) and Charles Schwab Investment Management Inc. (2.11%). Insiders that own company stock include Matthew J Diliberto, Betsy S Atkins, Andrew W Mathias, Craig M Hatkoff, Carol N Brown and Edwin T Burton III.
View institutional ownership trends.

How do I buy shares of SL Green Realty?

Shares of SLG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of SL Green Realty own?

Based on aggregate information from My MarketBeat watchlists, some other companies that SL Green Realty investors own include NVIDIA (NVDA), Meta Platforms (META), AT&T (T), Intel (INTC), Advanced Micro Devices (AMD), Exxon Mobil (XOM) and Tesla (TSLA).

Company Calendar

• Last Earnings: 7/16/2025
• Record date for 8/15 Dividend: 7/31/2025
• Ex-Dividend for 8/15 Dividend: 7/31/2025
• Dividend Payable: 8/15/2025
• Record date for 9/15 Dividend: 8/29/2025
• Ex-Dividend for 9/15 Dividend: 8/29/2025
• Today: 9/01/2025
• Dividend Payable: 9/15/2025
• Next Earnings (Estimated): 10/15/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - EQTY TRUST - OTHER
• Sub-Industry: Office REITs
• Current Symbol: NYSE:SLG
• CIK: 1040971
• Web: www.slgreen.com
• Phone: (212) 594-2700
• Fax: 212-216-1790
• Employees: 1,221
• Year Founded: 1997

Price Target and Rating

• Average Price Target for SL Green Realty: $67.29
• High Price Target: $87.00
• Low Price Target: $55.00
• Potential Upside/Downside: +18.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.27
• Research Coverage: 15 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.54)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 10.47
• P/E Growth: N/A
• Net Income: $30.65 million
• Net Margins: -2.21%
• Pretax Margin: 19.14%
• Return on Equity: -1.19%
• Return on Assets: -0.43%

Debt

• Debt-to-Equity Ratio: 0.98
• Current Ratio: 2.72
• Quick Ratio: 2.72

Sales & Book Value

• Annual Sales: $886.27 million
• Price / Sales: 4.58
• Cash Flow: $0.28 per share
• Price / Cash Flow: 202.52
• Book Value: $58.19 per share
• Price / Book: 0.98

Miscellaneous

• Outstanding Shares: 71,320,000
• Free Float: 67,729,000
• Market Cap: $4.06 billion
• Optionable: Optionable
• Beta: 1.74