SL Green Realty Corp. (NYSE:SLG-PI)

SL Green Realty Corp. SLG-PI

Real Estate - REIT - Office - NYSE - US

Watchlist

$ 23.85

-0.0838 %

$ 5.25 B

Market Cap

3.52

P/E

1. INTRINSIC VALUE

SL Green Realty Corp., an S&P 500 company and 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 December 31, 2020, SL Green held interests in 88 buildings totaling 38.2 million square feet. 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.[ Read More ]

The intrinsic value of one SLG-PI stock under the base case scenario is HIDDEN Compared to the current market price of 23.9 USD, SL Green Realty Corp. is HIDDEN

SLG-PI Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart SLG-PI

FINANCIALS

Annual
Quarterly

914 M REVENUE

Growth Rates

1Year 10.52%

3Years -4.61%

5Years -5.73%

7Years -9.68%

10Years -4.64%

-719 M OPERATING INCOME

Growth Rates

1Year -638.43%

3Years -76.08%

5Years -15.73%

7Years -17.34%

10Years -6.51%

-557 M NET INCOME

Growth Rates

1Year -630.38%

3Years -32.83%

5Years -25.05%

7Years -16.98%

10Years -16.70%

230 M OPERATING CASH FLOW

Growth Rates

1Year -16.87%

3Years -25.46%

5Years -12.27%

7Years -13.53%

10Years -5.07%

171 M INVESTING CASH FLOW

Growth Rates

1Year -59.76%

3Years -45.46%

5Years -24.13%

7Years -30.20%

10Years 8.56%

-449 M FINANCING CASH FLOW

Growth Rates

1Year 31.37%

3Years 32.78%

5Years 16.30%

7Years 22.73%

10Years -10.59%

140 M REVENUE

Growth Rates

1Year 10.52%

3Years -4.61%

5Years -5.73%

7Years -9.68%

10Years -4.64%

72.7 M OPERATING INCOME

Growth Rates

1Year -638.43%

3Years -76.08%

5Years -15.73%

7Years -17.34%

10Years -6.51%

-7.8 M NET INCOME

Growth Rates

1Year -630.38%

3Years -32.83%

5Years -25.05%

7Years -16.98%

10Years -16.70%

-50 M OPERATING CASH FLOW

Growth Rates

1Year -16.87%

3Years -25.46%

5Years -12.27%

7Years -13.53%

10Years -5.07%

-192 M INVESTING CASH FLOW

Growth Rates

1Year -59.76%

3Years -45.46%

5Years -24.13%

7Years -30.20%

10Years 8.56%

142 M FINANCING CASH FLOW

Growth Rates

1Year 31.37%

3Years 32.78%

5Years 16.30%

7Years 22.73%

10Years -10.59%

Balance Sheet Decomposition SL Green Realty Corp.

9.53 B ASSETS
5.27 B LIABILITIES

Current Assets	794 M
Cash & Short-Term Investments	231 M
Receivables	310 M
Other Current Assets	252 M
Non-Current Assets	8.74 B
Long-Term Investments	3.34 B
PP&E	5.02 B
Other Non-Current Assets	377 M

Current Liabilities	311 M
Accounts Payable	153 M
Short-Term Debt	611 M
Other Current Liabilities	-453 M
Non-Current Liabilities	4.96 B
Long-Term Debt	3.81 B
Other Non-Current Liabilities	1.15 B

EFFICIENCY

Earnings Waterfall SL Green Realty Corp.

Revenue	914 M
Cost Of Revenue	478 M
Gross Profit	436 M
Operating Expenses	111 M
Operating Income	-719 M
Other Expenses	-162 M
Net Income	-557 M

RATIOS

47.67% GROSS MARGIN

Averages

1Year 47.67%

3Years 55.19%

5Years 58.33%

7Years 59.62%

10Years 61.63%

-78.69% OPERATING MARGIN

Averages

1Year -78.69%

3Years -17.94%

5Years -1.99%

7Years 14.53%

10Years 23.86%

-60.99% NET MARGIN

Averages

1Year -60.99%

3Years -8.96%

5Years 3.86%

7Years 6.83%

10Years 11.36%

-13.08% ROE

Averages

1Year -13.08%

3Years -2.45%

5Years 0.54%

7Years 1.27%

10Years 2.40%

-5.85% ROA

Averages

1Year -5.85%

3Years -1.02%

5Years 0.23%

7Years 0.57%

10Years 1.02%

-9.28% ROIC

Averages

1Year -9.28%

3Years -1.97%

5Years -0.68%

7Years -1.55%

10Years -0.96%

FREE CASH FLOW ANALYSIS

Free Cash Flow Analysis SL Green Realty Corp.

Net Income	-557 M
Depreciation & Amortization	248 M
Capital Expenditures	0
Stock-Based Compensation	0
Change in Working Capital	2.95 M
Others	513 M
Free Cash Flow	230 M

3. WALL STREET ANALYSTS ESTIMATES

Wall Street Analysts Price Targets SL Green Realty Corp.

Wall Street analysts predict an average 1-year price target for SLG-PI of $37.4 , with forecasts ranging from a low of $30 to a high of $47 .

SLG-PI Lowest Price Target Wall Street Target

30 USD 25.79%

SLG-PI Average Price Target Wall Street Target

37.4 USD 56.81%

SLG-PI Highest Price Target Wall Street Target

47 USD 97.06%

4. DIVIDEND ANALYSIS

2.42% DIVIDEND YIELD

0.406 USD DIVIDEND PER SHARE

5. COMPETITION

Vornado's portfolio is concentrated in the nation's key market New York City along with the premier asset in both Chicago and San Francisco.

17.9 USD

VNO-PO

Undervalued 12.59%

Vornado's portfolio is concentrated in the nation's key market New York City along with the premier asset in both Chicago and San Francisco.

17.9 USD

VNO-PM

Undervalued 0.55%

City Office REIT, Inc. (NYSE: CIO) invests in high-quality office properties in 18-hour cities with strong economic fundamentals, primarily in the Southern and Western United States.

0 USD

CIO-PA

Overvalued 100.00%

Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties in the United States.

26.4 USD

EQC-PD

Undervalued 5.47%

Vornado's portfolio is concentrated in the nation's key market New York City along with the premier asset in both Chicago and San Francisco.

17.9 USD

VNO-PL

Overvalued 1.01%

Hudson Pacific is a real estate investment trust with a portfolio of office and studio properties totaling nearly 19 million square feet, including land for development.

-0.0186 USD

HPP-PC

Overvalued 100.14%

Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties in the United States.

26.4 USD

EQC

Undervalued 31.33%

6. Ownership

Insider Ownership SL Green Realty Corp.

Summary
Transactions

Sold

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

0 USD 0

Bought

0 USD 0

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

Date	Value	Insider	Amount	Avg Price
1 year ago Nov 02, 2023	Sell 5.68 M USD	MATHIAS ANDREW W PRESIDENT	- 176960	32.08 USD
1 year ago Aug 14, 2023	Sell 233 K USD	BURTON EDWIN T III Director	- 6800	34.3001 USD
1 year ago May 16, 2023	Sell 107 K USD	ATKINS BETSY S Director	- 5000	21.47 USD
1 year ago Mar 24, 2023	Bought 164 K USD	DiLiberto Matthew J.	+ 10000	16.44 USD
1 year ago Mar 24, 2023	Bought 162 K USD	LEVINE ANDREW S	+ 10000	16.24 USD
1 year ago Mar 03, 2023	Sell 309 K USD	HATKOFF CRAIG M	- 9000	34.31 USD

7. News

8. Profile Summary

SL Green Realty Corp. SLG-PI

COUNTRY US

INDUSTRY REIT - Office

MARKET CAP $ 5.25 B

Dividend Yield 2.42%

Description SL Green Realty Corp., an S&P 500 company and 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 December 31, 2020, SL Green held interests in 88 buildings totaling 38.2 million square feet. 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.

Contact 420 Lexington Avenue, New York, NY, 10170 https://www.slgreen.com

IPO Date Aug. 9, 2012

Employees 1188

Officers Ms. Maggie Hui Chief Accounting Officer Mr. Edward V. Piccinich Chief Operating Officer Mr. Neil H. Kessner Executive Vice President & General Counsel of Real Property Mr. Andrew S. Levine J.D. Chief Legal Officer, Executive Vice President, General Counsel & Secretary Mr. Steven M. Durels Executive Vice President & Director of Leasing & Real Property Mr. Robert Schiffer Executive Vice President of Development Mr. Marc Holliday Interim President, Chairman & Chief Executive Officer Mr. Richard Currenti Senior Vice President & Director of Engineering Mr. Matthew J. DiLiberto Chief Financial Officer Mr. Harrison Sitomer Chief Investment Officer

Price Chart SLG-PI

SL Green Realty Corp. SLG-PI

Premium Plan

Unlimited Plan