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

Company Overview

SL Green Realty Corp. (NYSE: SLG) is a leading real estate investment trust focused primarily on the acquisition, ownership, and management of office properties in Manhattan, New York. Founded in 1980 by Stephen L. Green, the company has grown from a small property developer into one of the borough’s largest office landlords. SL Green’s portfolio spans trophy office towers, midblock buildings and strategic ground leases, providing a diversified mix of commercial tenancy profiles and long-term revenue streams.

At its core, SL Green offers comprehensive real estate services including property acquisition, development, leasing, and asset management. The company undertakes redevelopment projects to reposition older buildings for Class A tenancy, while also pursuing ground-up construction of high-profile office properties. Notable developments include One Vanderbilt, a 1,401-foot skyscraper adjacent to Grand Central Terminal, and the redevelopment of 335 Madison Avenue. SL Green also manages retail components at select properties, catering to both local and international retailers.

SL Green’s operations are underpinned by a seasoned management team led by Chief Executive Officer Marc Holliday, who has overseen the firm since the early 1990s. The leadership team includes veterans in finance, capital markets, property management and development, each with extensive experience navigating the New York metropolitan real estate market. The company maintains a strong in-house leasing and property management platform, enabling close relationships with tenants and streamlined operational oversight.

With a strategic focus on Manhattan’s commercial district, SL Green continues to identify acquisition and redevelopment opportunities that benefit from the city’s enduring status as a global business hub. The firm also explores joint ventures and selective partnerships to enhance its development pipeline. Through disciplined capital allocation and active portfolio management, SL Green Realty aims to create value for tenants, partners and shareholders while reinforcing its position as an industry leader in New York City real estate.

Key Stats

• Today's Range: $61.65 to $62.52
• 50-Day Range: $52.55 to $65.87
• 52-Week Range: $45.15 to $82.81
• Volume: 687,346 shs
• Average Volume: 874,180 shs
• Market Capitalization: $4.41 billion
• P/E Ratio: N/A
• Dividend Yield: 5.00%
• Price Target: $66.33
• Consensus Rating: Hold

SL Green Realty Stock Analysis - MarketRank™

SL Green Realty scored higher than 31% of companies evaluated by MarketBeat, and ranked 771st out of 909 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 2.13, 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.

Earnings and Valuation

• Score: 0.6 / 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 -147.20, 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 -147.20, 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.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

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

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

SL Green Realty is a leading dividend payer. It pays a dividend yield of 4.99%, 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

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 and Social Media

• Score: 2.0 / 5
• News Sentiment: N/A

News Sentiment

SL Green Realty has a news sentiment score of 0.58. 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 0.71 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for SL Green Realty this week, compared to 9 articles on an average week.

MarketBeat Follows

16 people have added SL Green Realty to their MarketBeat watchlist in the last 30 days. This is an increase of 1,500% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

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.

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 stock has decreased by 9.0% and is now trading at $61.8250.

How were SL Green Realty's earnings last quarter?

SL Green Realty Corporation (NYSE:SLG) released its quarterly earnings results on Wednesday, April, 16th. The real estate investment trust reported $1.40 earnings per share for the quarter, beating analysts' consensus estimates of $1.27 by $0.13. The real estate investment trust earned $144.52 million during the quarter, compared to analysts' expectations 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.

When did SL Green Realty's stock split?

SL Green Realty's stock reverse split on the morning of 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.

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: 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
• Record date for 7/15 Dividend: 6/30/2025
• Ex-Dividend for 7/15 Dividend: 6/30/2025
• Today: 7/04/2025
• 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
• 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 Stock Price Target: $66.33
• High Stock Price Target: $87.00
• Low Stock Price Target: $42.00
• Potential Upside/Downside: +7.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.13
• Research Coverage: 16 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.42)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 11.39
• P/E Growth: N/A
• Net Income: $30.65 million
• Net Margins: -1.30%
• Pretax Margin: 17.85%
• Return on Equity: -0.98%
• Return on Assets: -0.37%

Debt

• Debt-to-Equity Ratio: 0.99
• Current Ratio: 2.85
• Quick Ratio: 2.85

Sales & Book Value

• Annual Sales: $938.24 million
• Price / Sales: 4.70
• Cash Flow: $0.28 per share
• Price / Cash Flow: 221.78
• Book Value: $58.19 per share
• Price / Book: 1.06

Miscellaneous

• Outstanding Shares: 71,306,000
• Free Float: 67,712,000
• Market Cap: $4.41 billion
• Optionable: Optionable
• Beta: 1.65