NYSE
SLG

SL Green Realty Corp

REIT-Office
Real Estate

Prices are adjusted according to historical splits.

SL Green Realty Corp Stock Price

Vitals

Today's Low:
$40.07
Today's High:
$41.455
Open Price:
$40.53
52W Low:
$17.9517
52W High:
$42.5728
Prev. Close:
$40.56
Volume:
1419383

Company Statistics

Market Cap.:
$2.62 billion
Book Value:
60.121
Revenue TTM:
$798.54 million
Operating Margin TTM:
6.9%
Gross Profit TTM:
$424.15 million
Profit Margin:
-54.5%
Return on Assets TTM:
0.33%
Return on Equity TTM:
-9.54%

Company Profile

SL Green Realty Corp had its IPO on 1997-08-15 under the ticker symbol SLG.

The company operates in the Real Estate sector and REIT-Office industry. SL Green Realty Corp has a staff strength of 1,137 employees.

Stock update

Shares of SL Green Realty Corp opened at $40.53 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $40.07 - $41.46, and closed at $40.92.

This is a +0.89% increase from the previous day's closing price.

A total volume of 1,419,383 shares were traded at the close of the day’s session.

In the last one week, shares of SL Green Realty Corp have increased by +4.63%.

SL Green Realty Corp's Key Ratios

SL Green Realty Corp has a market cap of $2.62 billion, indicating a price to book ratio of 0.5258 and a price to sales ratio of 3.21.

In the last 12-months SL Green Realty Corp’s revenue was $798.54 million with a gross profit of $424.15 million and an EBITDA of $315.14 million. The EBITDA ratio measures SL Green Realty Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, SL Green Realty Corp’s operating margin was 6.9% while its return on assets stood at 0.33% with a return of equity of -9.54%.

In Q2, SL Green Realty Corp’s quarterly earnings growth was a negative -98.2% while revenue growth was a positive 1.1%.

SL Green Realty Corp’s PE and PEG Ratio

Forward PE
9.5602
Trailing PE
0
PEG
0.9462

Its diluted EPS in the last 12-months stands at $-7.16 per share while it has a forward price to earnings multiple of 9.5602 and a PEG multiple of 0.9462. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into SL Green Realty Corp’s profitability.

SL Green Realty Corp stock is trading at a EV to sales ratio of 11.5072 and a EV to EBITDA ratio of 44.9722. Its price to sales ratio in the trailing 12-months stood at 3.21.

SL Green Realty Corp stock pays annual dividends of $3.449 per share, indicating a yield of 8.01% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$10.04 billion
Total Liabilities
$709.75 million
Operating Cash Flow
$27.50 million
Capital Expenditure
$134.19 million
Dividend Payout Ratio
0%

SL Green Realty Corp ended 2024 with $10.04 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $10.04 billion while shareholder equity stood at $4.26 billion.

SL Green Realty Corp ended 2024 with $0 in deferred long-term liabilities, $709.75 million in other current liabilities, 656000.00 in common stock, $135.52 million in retained earnings and $0 in goodwill. Its cash balance stood at $191.98 million and cash and short-term investments were $201.78 million. The company’s total short-term debt was $430,000,000 while long-term debt stood at $3.37 billion.

SL Green Realty Corp’s total current assets stands at $647.09 million while long-term investments were $3.87 billion and short-term investments were $9.80 million. Its net receivables were $326.24 million compared to accounts payable of $116.70 million and inventory worth $0.

In 2024, SL Green Realty Corp's operating cash flow was $27.50 million while its capital expenditure stood at $134.19 million.

Comparatively, SL Green Realty Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$40.92
52-Week High
$42.5728
52-Week Low
$17.9517
Analyst Target Price
$34.36

SL Green Realty Corp stock is currently trading at $40.92 per share. It touched a 52-week high of $42.5728 and a 52-week low of $42.5728. Analysts tracking the stock have a 12-month average target price of $34.36.

Its 50-day moving average was $34.99 and 200-day moving average was $30.12 The short ratio stood at 7.44 indicating a short percent outstanding of 0%.

Around 39.9% of the company’s stock are held by insiders while 8830.3% are held by institutions.

Frequently Asked Questions About SL Green Realty Corp

The stock symbol (also called stock or share ticker) of SL Green Realty Corp is SLG

The IPO of SL Green Realty Corp took place on 1997-08-15

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About

SL Green Realty Corp., Manhattan’s largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. As of June 30, 2023, SL Green held interests in 60 buildings totaling 33.1 million square feet. This included ownership interests in 28.8 million square feet of Manhattan buildings and 3.4 million square feet securing debt and preferred equity investments.

Address

420 Lexington Avenue, New York, NY, United States, 10170