Sl Green Realty Stock Today

SLG Stock  USD 53.74  3.31  6.56%   

Performance

9 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 34

 
100  
 
Zero
Below Average
SL Green is trading at 53.74 as of the 28th of March 2024. This is a 6.56% increase since the beginning of the trading day. The stock's lowest day price was 51.4. SL Green has about a 34 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for SL Green Realty are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
15th of August 1997
Category
Real Estate
SL Green Realty Corp., an SP 500 company and Manhattans 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. This included ownership interests in 28.6 million square feet of Manhattan buildings and 8.7 million square feet securing debt and preferred equity investments. The company has 64.8 M outstanding shares of which 14.11 M shares are at this time shorted by investors with about 10.36 days to cover. More on SL Green Realty

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SLG Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SL Green's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SL Green or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, SL Green's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to SL Green's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOMarc Holliday
Thematic Ideas
(View all Themes)
Old NamePetroTal Corp
Business ConcentrationDiversified REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, SP Small-Cap 600, Furniture, Macroaxis Index, Real Estate, Diversified REITs, REIT—Office, Real Estate (View all Sectors)
Average Analyst Recommendation
Analysts covering SL Green report their recommendations after researching SL Green's financial statements, talking to executives and customers, or listening in on SL Green's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering SL Green Realty. The SLG consensus assessment is calculated by taking the average forecast from all of the analysts covering SL Green.
Financial Strength
Based on the analysis of SL Green's profitability, liquidity, and operating efficiency, SL Green Realty is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. Financial strength of SL Green Realty is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.130.0959
Significantly Up
Very volatile
Gross Profit Margin0.310.3263
Notably Down
Slightly volatile
Net Debt4.3 B4.1 B
Sufficiently Up
Very volatile
Total Current Liabilities778.5 M880.2 M
Fairly Down
Pretty Stable
Non Current Liabilities Total4.4 B4.4 B
Slightly Down
Very volatile
Total Assets9.9 B9.5 B
Sufficiently Up
Very volatile
Total Current Assets736 M655.2 M
Moderately Up
Pretty Stable
Total Cash From Operating Activities311.8 M229.5 M
Significantly Up
Very volatile
SL Green's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to SL Green's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand SL Green's financial leverage. It provides some insight into what part of SL Green's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on SL Green's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how SL Green deploys its capital and how much of that capital is borrowed.
Liquidity
SL Green cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 4.42 B in debt with debt to equity (D/E) ratio of 0.92, which is OK given its current industry classification. SL Green Realty has a current ratio of 3.02, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist SL Green until it has trouble settling it off, either with new capital or with free cash flow. So, SL Green's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like SL Green Realty sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SLG to invest in growth at high rates of return. When we think about SL Green's use of debt, we should always consider it together with cash and equity.

Free Cash Flow

(28.65 Million)
SL Green Realty (SLG) is traded on New York Stock Exchange in USA. It is located in One Vanderbilt Avenue, New York, NY, United States, 10017-3852 and employs 1,188 people. SL Green is listed under Diversified REITs category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 3.5 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate SL Green's market, we take the total number of its shares issued and multiply it by SL Green's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. SL Green Realty runs under Diversified REITs sector within Real Estate industry. The entity has 64.8 M outstanding shares of which 14.11 M shares are at this time shorted by investors with about 10.36 days to cover. SL Green Realty has about 203.27 M in cash with 229.5 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.22.
Check SL Green Probability Of Bankruptcy
Ownership Allocation
SL Green Realty secures a total of 64.8 Million outstanding shares. The majority of SL Green Realty outstanding shares are owned by institutions. These other corporate entities are usually referred to as non-private investors looking to take positions in SL Green Realty to benefit from reduced commissions. Hence, outside corporations are subject to a different set of regulations than regular investors in SL Green Realty. Please pay attention to any change in the institutional holdings of SL Green as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company retains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check SLG Ownership Details

SLG Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of SL Green jumping above the current price in 90 days from now is about 1.36%. The SL Green Realty probability density function shows the probability of SL Green stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 3.0953. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, SL Green will likely underperform. Additionally, sL Green Realty has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 53.74HorizonTargetOdds Above 53.74
98.63%90 days
 53.74 
1.36%
Based on a normal probability distribution, the odds of SL Green to move above the current price in 90 days from now is about 1.36 (This SL Green Realty probability density function shows the probability of SLG Stock to fall within a particular range of prices over 90 days) .

SLG Stock Institutional Holders

Institutional Holdings refers to the ownership stake in SL Green that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of SL Green's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing SL Green's value.
InstituionRecorded OnShares
Charles Schwab Investment Management Inc2023-12-31
M
Moore Capital Management, Lp2023-12-31
984.8 K
Dimensional Fund Advisors, Inc.2023-12-31
896.7 K
Bank Of New York Mellon Corp2023-12-31
825 K
Northern Trust Corp2023-12-31
787 K
Ldr Capital Management, Llc2023-12-31
702.1 K
T. Rowe Price Associates, Inc.2023-12-31
641.1 K
Adage Capital Partners Gp Llc2023-12-31
505.5 K
Nuveen Asset Management, Llc2023-12-31
480.1 K
Blackrock Inc2023-12-31
12.4 M
Vanguard Group Inc2023-12-31
10.3 M
View SL Green Diagnostics

SL Green Historical Income Statement

SL Green Realty Income Statement is one of the three primary financial statements used for reporting SLG's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of SL Green Realty revenue and expense. SL Green Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, SL Green's EBITDA is most likely to decrease significantly in the upcoming years. The SL Green's current Total Operating Expenses is estimated to increase to about 411.7 M, while Selling General Administrative is projected to decrease to roughly 78.7 M. View More Fundamentals

SLG Stock Against Markets

Picking the right benchmark for SL Green stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SL Green stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SL Green is critical whether you are bullish or bearish towards SL Green Realty at a given time. Please also check how SL Green's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in SL Green without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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SL Green Corporate Directors

SL Green corporate directors refer to members of a SL Green board of directors. The board of directors generally takes responsibility for the SL Green's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of SL Green's board members must vote for the resolution. The SL Green board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
John AlschulerLead Independent DirectorProfile
Edwin BurtonIndependent DirectorProfile
Lauren DillardIndependent DirectorProfile
Craig HatkoffIndependent DirectorProfile

How to buy SLG Stock?

Before investing in SL Green, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in SL Green. To buy SL Green stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of SL Green. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase SL Green stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located SL Green Realty stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased SL Green Realty stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as SL Green Realty, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy SLG Stock please use our How to Invest in SL Green guide.

Already Invested in SL Green Realty?

The danger of trading SL Green Realty is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SL Green is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SL Green. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SL Green Realty is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether SL Green Realty is a strong investment it is important to analyze SL Green's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SL Green's future performance. For an informed investment choice regarding SLG Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SL Green Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running SL Green's price analysis, check to measure SL Green's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SL Green is operating at the current time. Most of SL Green's value examination focuses on studying past and present price action to predict the probability of SL Green's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SL Green's price. Additionally, you may evaluate how the addition of SL Green to your portfolios can decrease your overall portfolio volatility.
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Is SL Green's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SL Green. If investors know SLG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SL Green listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.98)
Dividend Share
3.229
Earnings Share
(9.12)
Revenue Per Share
13.12
Quarterly Revenue Growth
(0.09)
The market value of SL Green Realty is measured differently than its book value, which is the value of SLG that is recorded on the company's balance sheet. Investors also form their own opinion of SL Green's value that differs from its market value or its book value, called intrinsic value, which is SL Green's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SL Green's market value can be influenced by many factors that don't directly affect SL Green's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SL Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if SL Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SL Green's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.