SL Green Stock Today

SLG
 Stock
  

USD 40.61  0.80  1.93%   

Market Performance
0 of 100
Odds Of Distress
Less than 8
SL Green is trading at 40.61 as of the 4th of December 2022, a -1.93% down since the beginning of the trading day. The stock's lowest day price was 40.61. SL Green has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 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 5th of October 2022 and ending today, the 4th of December 2022. Click here to learn more.
CUSIP
78440X408
Fiscal Year End
December
Business Domain
Real Estate
IPO Date
15th of August 1997
Category
Real Estate
Classification
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 64.32 M outstanding shares of which 8.34 M shares are at this time shorted by investors with about 6.81 days to cover. More on SL Green Realty

Moving together with SL Green

+0.91AGNCAGNC Investment Corp TrendingPairCorr
Follow Valuation Options Odds of Bankruptcy
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SL Green 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.
SL Green Realty generated a negative expected return over the last 90 days
Over 86.0% of the company shares are owned by institutional investors
On 15th of November 2022 SL Green paid $ 0.3108 per share dividend to its current shareholders
Latest headline from news.google.com: Morgan Stanley Adjusts Price Target on SL Green Realty to 38 From 44, Maintains Equal-Weight Rating - Marketscreener.com
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 IdeaMacroaxis Index (view all)
Fama & French Classification
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 SL Green consensus assessment is calculated by taking the average forecast from all of the analysts covering SL Green.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of SL Green Realty based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of SL Green Realty financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted87.3 M70.8 M
Fairly Up
Decreasing
Stable
Weighted Average Shares82.5 M65.7 M
Significantly Up
Decreasing
Stable
Return on Average Assets3.433.9497
Fairly Down
Increasing
Very volatile
Net Cash Flow from Operations317.3 M256 M
Fairly Up
Increasing
Very volatile
Current Liabilities369.8 M409.9 M
Moderately Down
Increasing
Stable
Total Liabilities7.8 B6.1 B
Significantly Up
Decreasing
Stable
Gross Margin59.5962.0863
Sufficiently Down
Increasing
Very volatile
Total DebtB5.9 B
Fairly Down
Increasing
Stable
Asset Turnover0.09160.0741
Fairly Up
Decreasing
Slightly volatile
Current Assets821.1 M697.1 M
Fairly Up
Decreasing
Very volatile
Total Assets14 B11.1 B
Significantly Up
Decreasing
Stable
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of SL Green's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
SL Green Realty (SLG) is traded on New York Stock Exchange in USA and employs 931 people. SL Green is listed under Equity Real Estate Investment Trusts (REITs) category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with total capitalization of 2.62 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 these looking for more risk prefer small-cap and mid-cap equities. SL Green Realty runs under Equity Real Estate Investment Trusts (REITs) sector within Real Estate industry. The entity has 64.32 M outstanding shares of which 8.34 M shares are at this time shorted by investors with about 6.81 days to cover. SL Green Realty has about 251.42 M in cash with 255.98 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
SL Green Realty shows a total of 64.32 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 about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check SL Green Ownership Details

SL Green Stock Price Odds Analysis

What are SL Green's target price odds to finish over the current price? Based on a normal probability distribution, the odds of SL Green jumping above the current price in 90 days from now is about 48.2%. 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 1.3227. 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, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. SL Green Realty is significantly underperforming NYSE Composite.
  Odds Below 40.61HorizonTargetOdds Above 40.61
51.61%90 days
 40.61 
48.20%
Based on a normal probability distribution, the odds of SL Green to move above the current price in 90 days from now is about 48.2 (This SL Green Realty probability density function shows the probability of SL Green Stock to fall within a particular range of prices over 90 days) .

SL Green 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.
InstituionSecurity TypeTotal SharesValue
Zweigdimenna Associates LlcCommon Shares34.4 K3.5 M
Zweigdimenna Associates LlcCommon Shares34.4 K3.6 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 SL Green'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.
SL Green Gross Profit is projected to increase significantly based on the last few years of reporting. The past year's Gross Profit was at 1.14 Billion. The current year Net Income Common Stock is expected to grow to about 214.4 M, whereas Cost of Revenue is forecasted to decline to about 425.8 M. View More Fundamentals

SL Green 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.

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 Alschuler - Lead Independent DirectorProfile
Edwin Burton - Independent DirectorProfile
Lauren Dillard - Independent DirectorProfile
Craig Hatkoff - Independent DirectorProfile

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 Shape 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.
Additionally, take a look at World Market Map. You can also try Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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When running SL Green Realty 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 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 SL Green 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 YOY
(0.98) 
Market Capitalization
2.6 B
Quarterly Revenue Growth YOY
0.004
Return On Assets
0.007
Return On Equity
(0.0111) 
The market value of SL Green Realty is measured differently than its book value, which is the value of SL Green 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 SL Green value 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.