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

SL Green Realty logo
$61.88 +1.26 (+2.08%)
Closing price 06/27/2025 03:59 PM Eastern
Extended Trading
$61.81 -0.07 (-0.11%)
As of 06/27/2025 06:12 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About SL Green Realty Stock (NYSE:SLG)

Key Stats

Today's Range
$60.75
$62.49
50-Day Range
$50.21
$65.87
52-Week Range
$45.15
$82.81
Volume
1.25 million shs
Average Volume
865,944 shs
Market Capitalization
$4.41 billion
P/E Ratio
N/A
Dividend Yield
4.99%
Price Target
$66.33
Consensus Rating
Hold

Company Overview

SL Green Realty Corp. is a New York-based real estate investment trust specializing in acquiring, developing, and managing commercial properties in the United States. With over 100 properties in its portfolio, the company primarily focuses on office, retail, and mixed-use properties in the New York metropolitan area and other key markets nationwide. SL Green was founded in 1997 and went public in 1997.

A seasoned management team leads the company, including Chairman and Chief Executive Officer Marc Holliday and President and Chief Investment Officer Andrew Mathias. Mr. Holliday has been with SL Green since its inception and has over 30 years of experience in the real estate industry. Before joining SL Green, he worked at Lazard Freres & Co., a leading investment bank. Mr. Mathias has been with the company since 2004 and has been instrumental in driving the growth of its portfolio through strategic acquisitions and development projects.

Over the past few years, SL Green has seen consistent growth in its key financial metrics, driven by demand for office space in the New York market. The company reported total revenues increasing yearly, driven by rental income and property sales. Earnings per share (EPS) have increased annually over the past several years. The company's profit margin is approximately 24% which has also increased. SL Green has also maintained a relatively low level of debt, with a debt-to-equity ratio lower than the industry average, which gives it the flexibility to pursue growth opportunities.

SL Green is currently trading at a price-to-earnings ratio below the industry average. The company's price-to-book ratio is in line with industry peers. These metrics suggest that the company may be undervalued relative to its peers.

Regarding market performance, SL Green's stock has had a volatile ride over the past few years, primarily due to uncertainty surrounding the COVID-19 pandemic and its impact on the real estate market. However, the stock has been working to rebound from these issues, as investors remain cautious about the commercial real estate market outlook.

SL Green operates in a highly competitive industry, with numerous competitors vying for prime commercial real estate assets in key markets nationwide. The company's primary competitors include Boston Properties, Vornado Realty Trust, and Brookfield Property Partners. Regulatory and political issues, such as zoning laws and tax policy changes, can also impact the industry and SL Green's business operations.

Looking ahead, SL Green has several potential growth opportunities to drive future revenue and earnings growth. These include launching new properties in key markets, such as the recently completed One Vanderbilt skyscraper in Manhattan and potential acquisitions of new properties in attractive markets. The company may also pursue expansion into new markets outside its core New York market, such as Boston, Washington D.C., or Los Angeles.

However, many potential risks and challenges could impact the company's growth prospects. These include changes in consumer preferences, such as the continued shift towards remote work and reduced demand for office space, as well as regulatory changes and economic downturns that could impact the broader real estate market. Additionally, SL Green's portfolio is heavily concentrated in the New York market, which exposes it to risks associated with regional economic factors, such as changes in the local job market or real estate market conditions.

SL Green Realty Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
33rd Percentile Overall Score

SLG MarketRank™: 

SL Green Realty scored higher than 33% of companies evaluated by MarketBeat, and ranked 775th out of 938 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    SL Green Realty has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 3 buy ratings, 12 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    SL Green Realty has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about SL Green Realty's stock forecast and price target.
  • 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 -147.34, 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 -147.34, 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 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about SL Green Realty's valuation and earnings.
  • Percentage of Shares Shorted

    10.83% 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 7.7.
  • Change versus previous month

    Short interest in SL Green Realty has recently increased by 31.60%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    SL Green Realty is a leading dividend payer. It pays a dividend yield of 5.00%, 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.

  • Read more about SL Green Realty's dividend.
  • Percentage of Shares Shorted

    10.83% 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 7.7.
  • Change versus previous month

    Short interest in SL Green Realty has recently increased by 31.60%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    SL Green Realty has a news sentiment score of 0.40. 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 lower news sentiment than the 0.89 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 10 news articles for SL Green Realty this week, compared to 9 articles on an average week.
  • MarketBeat Follows

    13 people have added SL Green Realty to their MarketBeat watchlist in the last 30 days. This is an increase of 1,200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, SL Green Realty insiders have not sold or bought any 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.

  • Read more about SL Green Realty's insider trading history.
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SLG Stock News Headlines

SLG - SL Green Realty Corp Ownership - Morningstar
SLG - SL Green Realty Corp Financials - Morningstar
New Rule Hits in July — The Smart Money Already Moved
A little-known regulation quietly goes into effect this July. And it's already being exploited by Wall Street and the Big Banks… It gives them the green light to treat a certain tangible asset as equivalent to cold, hard cash. Not stocks. Not real estate. And definitely not the U.S. dollar. We're talking about something they don't want you to notice — because the fewer people who act on this, the better it is for them.
SLG SL Green Realty Corp. - Seeking Alpha
See More Headlines

SLG Stock Analysis - Frequently Asked Questions

SL Green Realty's stock was trading at $67.92 at the beginning of the year. Since then, SLG shares have decreased by 8.9% and is now trading at $61.8810.
View the best growth stocks for 2025 here
.

SL Green Realty Corporation (NYSE:SLG) announced its quarterly earnings data on Wednesday, April, 16th. The real estate investment trust reported $1.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.27 by $0.13. The real estate investment trust earned $144.52 million during the quarter, compared to the consensus estimate of $158.44 million. SL Green Realty had a negative net margin of 1.30% and a negative trailing twelve-month return on equity of 0.98%.
Read the conference call transcript
.

SL Green Realty shares reverse split 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 closing bell 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.

SL Green Realty's top institutional shareholders include Vanguard Group Inc. (15.59%), Wellington Management Group LLP (2.77%), Goldman Sachs Group Inc. (2.38%) and Charles Schwab Investment Management Inc. (2.18%). Insiders that own company stock include Matthew J Diliberto, Betsy S Atkins, Andrew W Mathias, Craig M Hatkoff, Edwin T Burton III and Carol N Brown.
View institutional ownership trends
.

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.

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
4/16/2025
Record date for 6/16 Dividend
5/30/2025
Ex-Dividend for 6/16 Dividend
5/30/2025
Dividend Payable
6/16/2025
Today
6/29/2025
Record date for 7/15 Dividend
6/30/2025
Ex-Dividend for 7/15 Dividend
6/30/2025
Dividend Payable
7/15/2025
Next Earnings (Estimated)
7/16/2025
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
Employees
1,221
Year Founded
1997

Price Target and Rating

Average Stock Price Target
$66.33
High Stock Price Target
$87.00
Low Stock Price Target
$42.00
Potential Upside/Downside
+7.2%
Consensus Rating
Hold
Rating Score (0-4)
2.13
Research Coverage
16 Analysts

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
11.40
P/E Growth
N/A
Net Income
$30.65 million
Pretax Margin
17.85%

Debt

Sales & Book Value

Annual Sales
$886.27 million
Cash Flow
$0.28 per share
Price / Cash Flow
219.82
Book Value
$58.19 per share
Price / Book
1.06

Miscellaneous

Free Float
67,712,000
Market Cap
$4.41 billion
Optionable
Optionable
Beta
1.66

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This page (NYSE:SLG) was last updated on 6/29/2025 by MarketBeat.com Staff
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