Real Estate -
REIT - Office - NYSE - US
$ 61.87
-0.69 %
$ 5.05 B
Market Cap
-147.31
P/E
1. INTRINSIC VALUE
Balance Sheet
SL Green Realty Corp.
| Current Assets | 1.38 B |
| Cash & Short-Term Investments | 207 M |
| Receivables | 310 M |
| Other Current Assets | 860 M |
| Non-Current Assets | 9.07 B |
| Long-Term Investments | 3.02 B |
| PP&E | 866 M |
| Other Non-Current Assets | 5.19 B |
| Current Liabilities | 642 M |
| Accounts Payable | 123 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 519 M |
| Non-Current Liabilities | 5.27 B |
| Long-Term Debt | 4.21 B |
| Other Non-Current Liabilities | 1.06 B |
EFFICIENCY
Earnings Waterfall
SL Green Realty Corp.
| Revenue | 886 M |
| Cost Of Revenue | 455 M |
| Gross Profit | 432 M |
| Operating Expenses | 85.2 M |
| Operating Income | 261 M |
| Other Expenses | 231 M |
| Net Income | 30.2 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
SL Green Realty Corp.
| 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 |
Wall Street Analysts Price Targets
SL Green Realty Corp.
Wall Street analysts predict an average 1-year price target for SLG of $68.9 , with forecasts ranging from
a
low of
$49 to a high of $90 .
SLG Lowest Price Target
Wall Street Target
49 USD
-20.80%
SLG Average Price Target
Wall Street Target
68.9 USD
11.36%
SLG Highest Price Target
Wall Street Target
90 USD
45.47%
4. DIVIDEND
ANALYSIS
1.34%
DIVIDEND YIELD
0.258 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
SL Green Realty Corp.
Sold
0-3 MONTHS
0 USD 0
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
New York banks, REITs fall as Mamdani's mayoral lead stokes rent freeze worries
Shares of several New York-based banks and real estate investment trusts fell on Wednesday as Zohran Mamdani's lead in New York City's Democratic mayoral primary stoked concerns that his proposed rent freeze could pressure building owners.
reuters.com
- 1 week ago
Primary win by pro-rent freeze Mamdani knocks shares of Flagstar bank on NYC market exposure
Zohran Mamdani, who is now the likely favorite to win the general election in November, promised to freeze rent increases in stabilized units during his campaign. The New York City mayor has the power to appoint representatives to the regulatory board that oversees rent-controlled apartments.
cnbc.com
- 1 week ago
SL Green Realty Stock Up 12.7% in Three Months: Will the Trend Last?
SLG gains 12.7% in three months as strong leasing, long-term tenants and its Manhattan focus drive momentum.
zacks.com
- 2 weeks ago
SL Green Realty Corp. Announces Common Stock and Preferred Stock Dividends
NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, today announced that its board of directors has declared a monthly ordinary dividend of $0.2575 per share of common stock, which is the equivalent of an annualized dividend of $3.09 per share. The dividend is payable in cash on July 15, 2025 to shareholders of record at the close of business on June 30, 2025.
globenewswire.com
- 2 weeks ago
Sell Alert: REITs Getting Disrupted By The AI Revolution
The AI revolution will disrupt real estate. Some property sectors could face severe pain. I highlight popular REITs to avoid.
seekingalpha.com
- 3 weeks ago
SL Green Realty Corp. to Release Second Quarter 2025 Financial Results After Market Close on July 16, 2025
NEW YORK, June 12, 2025 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that it will release its earnings for the second quarter of 2025 on Wednesday, July 16, 2025 after market close. The Company's executive management team, led by Marc Holliday, Chairman and Chief Executive Officer, will host a conference call and audio webcast on Thursday, July 17, 2025 at 2:00pm ET to discuss the financial results.
globenewswire.com
- 3 weeks ago
Buy 7 Ideal 'Safer' May Dividends, Out Of 40 Reader Tags
My yield-based 'dogcatcher' strategy spotlights high-yield stocks whose dividends from $1,000 invested exceed their share price, favoring underdogs for income growth. Analyst targets project average net gains of 41.9% for the top ten May 2025 ReFa/Ro Dogs, with Oxford Lane Capital leading at 83.4% upside potential. All ten top ReFa/Ro Dogs currently meet my 'ideal' criteria, but caution is warranted as several have negative free cash flow margins, signaling cash-poor status.
seekingalpha.com
- 1 month ago
Public REITs Are Positioned For Trophy Office Upside
Office buildings are experiencing accelerating bifurcation; quality assets in strong markets are outperforming as obsolete buildings face decline or conversion. We capitalized on deeply discounted valuations in 2023-24, notably with HIW, which delivered a +43% total return in 2024. Current leasing momentum, generationally low supply, and return-to-office trends support positive earnings growth for high-quality office REITs.
seekingalpha.com
- 1 month ago
Supplement Your Paycheck by Investing in These High-Yield Monthly Dividend Stocks
If you're like most people, you probably wish your paycheck was a bit bigger. That would give you more money to save for a rainy day, invest for retirement, or spend on things you want.
fool.com
- 1 month ago
Dividend Harvesting Portfolio Week 221: $22,100 Allocated, $2,225.40 In Projected Dividends
Despite market volatility and macro headwinds, my Dividend Harvesting Portfolio continues to deliver strong, growing income and steady capital appreciation. I remain focused on building a diversified, income-producing portfolio, reinvesting all dividends, and maintaining strict sector and position limits to mitigate downside risk. Recent additions to JEPI, OBDC, and BP reflect my conviction in high-yield opportunities and my belief in energy and financials for the second half of 2025.
seekingalpha.com
- 1 month ago
Avoid These Dividend Disasters Before It's Too Late
Dividend stocks are facing many big risks. The high interest rates, trade war, and AI revolution could lead to many dividend cuts. I discuss what this all means for dividend investors.
seekingalpha.com
- 1 month ago
Dividend Harvesting Portfolio Week 220: $22,000 Allocated, $2,213.76 In Projected Dividends
Markets surged on positive trade deals and Middle East investments, but I see Fed policy lagging and Moody's downgrade as overblown—pullbacks are buying opportunities. My Dividend Harvesting Portfolio hit a record $27,641.59, with a 2.87% weekly gain and forward annualized dividend income now at $2,213.76. Consistent contributions and reinvestment have driven strong dividend growth, with 2025 income up 38% year-over-year and the dividend snowball effect accelerating.
seekingalpha.com
- 1 month ago
8. Profile
Summary
SL Green Realty Corp. SLG
COUNTRY
US
INDUSTRY
REIT - Office
MARKET CAP
$ 5.05 B
Dividend Yield
1.34%
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