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Real Estate - REIT - Office - NYSE - US
$ 60.12
-1.81 %
$ 4.66 B
Market Cap
-109.44
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jul, 21, 2025.

The intrinsic value of one SLG stock under the worst case scenario is HIDDEN Compared to the current market price of 60.1 USD, SL Green Realty Corp. is HIDDEN

This DCF valuation model was last updated on Jul, 21, 2025.

The intrinsic value of one SLG stock under the base case scenario is HIDDEN Compared to the current market price of 60.1 USD, SL Green Realty Corp. is HIDDEN

This DCF valuation model was last updated on Jul, 21, 2025.

The intrinsic value of one SLG stock under the best case scenario is HIDDEN Compared to the current market price of 60.1 USD, SL Green Realty Corp. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart SLG

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$68.0$68.0$66.0$66.0$64.0$64.0$62.0$62.0$60.0$60.0$58.0$58.0$56.0$56.0$54.0$54.0$52.0$52.0$50.0$50.0$48.0$48.0$46.0$46.0Feb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 JunJul '25Jul '2515 Jul15 Jul
FINANCIALS
886 M REVENUE
-3.00%
139 M OPERATING INCOME
100.05%
30.2 M NET INCOME
105.04%
130 M OPERATING CASH FLOW
-43.53%
119 M INVESTING CASH FLOW
-30.69%
-252 M FINANCING CASH FLOW
43.87%
242 M REVENUE
0.86%
75.3 M OPERATING INCOME
53.67%
-21.5 M NET INCOME
-112.58%
6.71 M OPERATING CASH FLOW
-88.47%
-176 M INVESTING CASH FLOW
-112.83%
175 M FINANCING CASH FLOW
188.41%
Balance Sheet SL Green Realty Corp.
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Current Assets 1.38 B
Cash & Short-Term Investments 207 M
Receivables 1.05 B
Other Current Assets 125 M
Non-Current Assets 9.07 B
Long-Term Investments 3 B
PP&E 866 M
Other Non-Current Assets 5.2 B
10.02 %28.71 %8.29 %49.81 %Total Assets$10.4b
Current Liabilities 642 M
Accounts Payable 123 M
Short-Term Debt 316 M
Other Current Liabilities 203 M
Non-Current Liabilities 5.27 B
Long-Term Debt 4.21 B
Other Non-Current Liabilities 1.06 B
5.35 %3.44 %71.15 %18.00 %Total Liabilities$5.9b
EFFICIENCY
Earnings Waterfall SL Green Realty Corp.
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Revenue 886 M
Cost Of Revenue 455 M
Gross Profit 432 M
Operating Expenses 293 M
Operating Income 139 M
Other Expenses 109 M
Net Income 30.2 M
900m900m800m800m700m700m600m600m500m500m400m400m300m300m200m200m100m100m00886m(455m)432m(293m)139m(109m)30mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
48.70% GROSS MARGIN
48.70%
15.68% OPERATING MARGIN
15.68%
3.46% NET MARGIN
3.46%
0.78% ROE
0.78%
0.29% ROA
0.29%
1.37% ROIC
1.37%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis SL Green Realty Corp.
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700m700m600m600m500m500m400m400m300m300m200m200m100m100m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 30.2 M
Depreciation & Amortization 214 M
Capital Expenditures 0
Stock-Based Compensation 0
Change in Working Capital -133 M
Others -17 M
Free Cash Flow 130 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets SL Green Realty Corp.
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Wall Street analysts predict an average 1-year price target for SLG of $70.9 , with forecasts ranging from a low of $55 to a high of $90 .
SLG Lowest Price Target Wall Street Target
55 USD -8.52%
SLG Average Price Target Wall Street Target
70.9 USD 17.92%
SLG Highest Price Target Wall Street Target
90 USD 49.70%
Price
Max Price Target
Min Price Target
Average Price Target
9090858580807575707065656060555550504545Sep '24Sep '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26Jul '26Jul '26
4. DIVIDEND ANALYSIS
1.25% DIVIDEND YIELD
0.258 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
4.000004.000003.500003.500003.000003.000002.500002.500002.000002.000001.500001.500001.000001.000000.500000.500000.000000.000000.637030.764440.822830.863180.902460.313210.312370.312370.312370.31080.31080.31080.27080.27080.27080.250.250.250.25750.25750.25750.637030.764440.822830.863180.902460.313210.313210.313210.312370.312370.312370.31080.31080.31080.27080.27080.27080.250.250.250.25750.25750.25750.637030.764440.822830.863180.902460.313210.313210.313210.312370.312370.312370.31080.31080.31080.27080.27080.27080.250.250.250.764442.680.822833.120.863183.330.902463.490.939623.650.313211.250.313211.252.123443.060.312371.250.312371.252.835053.770.31081.240.31081.200.27081.160.27081.080.27081.060.251.040.251.000.251.010.25751.020.520.260.262015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 11
6. Ownership
Insider Ownership SL Green Realty Corp.
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Sold
0-3 MONTHS
152 K USD 1
3-6 MONTHS
229 K USD 1
6-9 MONTHS
3.65 M USD 1
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
7. News
SL Green Realty Beats Q2 Estimates SL Green Realty (SLG 0.38%), Manhattan's largest office landlord, reported fiscal 2025 second-quarter earnings on Thursday, July 16, that topped consensus expectations. The loss per share of $0.16 was slightly better than analyst estimates. fool.com - 3 days ago
SL Green Realty: Demand For Space Radiating Outward SL Green Realty's occupancy rates are climbing YoY as the company guided for further increases into the end of the year, driving revenues with decent rent pricing. Quite a lot of the pipeline is coming from markets that some quarters ago were considered very iffy in Midtown Manhattan, and the deals are broad-based and smaller. The market is looking healthier and more sustainable at the moment, with revenue growth onwards looking likely. seekingalpha.com - 3 days ago
SL Green: Stock Is In A Holding Pattern SL Green raised FFO guidance by $0.40 per share after a strong Q2. Despite planned Manhattan occupancy declines and political uncertainty, management expects occupancy to climb in 2024. SL Green's control of prime Manhattan locations sets it apart from other office REITs. seekingalpha.com - 6 days ago
SL Green Realty Corp. (SLG) Q2 2025 Earnings Call Transcript SL Green Realty Corp. (NYSE:SLG ) Q2 2025 Earnings Conference Call July 17, 2025 2:00 PM ET Company Participants Harrison Sitomer - Chief Investment Officer Marc Holliday - Interim President, Chairman & CEO Matthew J. DiLiberto - Chief Financial Officer Steven M. seekingalpha.com - 6 days ago
SL Green Raises Over $1.0 Billion for Opportunistic Debt Fund NEW YORK, July 17, 2025 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that it has surpassed its initial $1.0 billion fundraising goal for the SLG Opportunistic Debt Fund. The discretionary fund is backed by a distinguished group of global institutional investors, including public pensions, insurance companies, and select high-net-worth platforms. globenewswire.com - 1 week ago
SL Green Secures 64K Square Feet New Lease at One Madison Avenue SLG's securing of a new lease with Sigma Computing at One Madison Avenue highlights healthy demand for its properties. zacks.com - 1 week ago
SL Green's Q2 FFO Beats Estimates, Rental Rates Grow, '25 Views Raised SLG beats second-quarter FFO estimates with higher Manhattan rent and lifts its full-year 2025 guidance outlook amid higher interest expenses. zacks.com - 1 week ago
SL Green Realty Corp. Reports Second Quarter 2025 EPS of ($0.16) Per Share; and FFO of $1.63 Per Share Financial and Operating Highlights Net loss attributable to common stockholders of $0.16 per share for the second quarter of 2025 as compared to net loss of $0.04 per share for the same period in 2024 . F unds from operations ("FFO") of $1.63 per share for the second quarter of 2025, net of negative non-cash fair value adjustments on mark-to-market derivatives of $1.2 million, or $0.02 per share. globenewswire.com - 1 week ago
SL Green Signs New 64,000 Square Foot Lease with Sigma Computing at One Madison Avenue NEW YORK, July 16, 2025 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, today announced it has signed a new 64,077 square foot lease with Sigma Computing, Inc. for a portion of the 3rd floor at One Madison Avenue, bringing the property to 78.1% leased. To date in 2025, SL Green has signed Manhattan office leases totaling 1,260,707 square feet, while maintaining a current pipeline of approximately 1.0 million square feet. globenewswire.com - 1 week ago
Ahead of SL Green (SLG) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics Get a deeper insight into the potential performance of SL Green (SLG) for the quarter ended June 2025 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics. zacks.com - 1 week ago
What I Wish I Knew Before Becoming A Dividend Investor I have done very well over the long run. But I had to learn some lessons the hard way. Learning from my mistakes could save you thousands. seekingalpha.com - 1 week ago
Dividend Harvesting Portfolio Week 227: $22,700 Allocated, $2,385.24 In Projected Dividends The Dividend Harvesting Portfolio hit new all-time highs in value, profitability, and forward income, with a 29.58% return on invested capital. Consistent weekly investing, diversification, and a focus on income-producing assets have driven strong performance, even through volatile markets and macroeconomic headwinds. I see significant opportunities ahead, especially for big tech, REITs, and energy stocks, as the Fed's delayed rate cuts create a favorable environment. seekingalpha.com - 2 weeks ago
8. Profile Summary

SL Green Realty Corp. SLG

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COUNTRY US
INDUSTRY REIT - Office
MARKET CAP $ 4.66 B
Dividend Yield 1.25%
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 City, NY, 10170 https://www.slgreen.com
IPO Date Aug. 15, 1997
Employees 1221
Officers Mr. Marc Holliday Interim President, Chairman & Chief Executive Officer Mr. Edward V. Piccinich Chief Operating Officer Mr. Steven M. Durels Executive Vice President and Director of Leasing & Real Property Mr. Richard Currenti Senior Vice President & Director of Engineering Ms. Maggie Hui Chief Accounting Officer Mr. Andrew S. Levine J.D. Chief Legal Officer, Executive Vice President, General Counsel & Secretary Mr. Neil H. Kessner Executive Vice President & General Counsel of Real Property Mr. Robert Schiffer Executive Vice President of Development Mr. Matthew J. DiLiberto Chief Financial Officer Mr. Harrison Sitomer Chief Investment Officer