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How to buy SL Green Realty (SLG) stocks

Learn how to easily invest in SL Green Realty stocks.

SL Green Realty (SLG) is a leading reit-office business based in the US. It opened the day at $49.89 after a previous close of $49.49. During the day the price has varied from a low of $48.355 to a high of $49.95. The latest price was $48.55 (25 minute delay). SL Green Realty is listed on the NYSE and employs 931 staff. All prices are listed in US Dollars.

How to buy stocks in SL Green Realty

  1. Compare stock trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – SLG – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of stocks with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

SL Green Realty stock price (NYSE:SLG)

Use our graph to track the performance of SLG stocks over time.

SL Green Realty shares at a glance

Information last updated 2022-06-27.
Open$49.89
High$49.95
Low$48.36
Close$48.55
Previous close$49.49
Change $-0.94
Change % -1.8994%
Volume 392,619
Information last updated 2022-06-25.
52-week range$46.64 - $83.34
50-day moving average $62.78
200-day moving average $73.08
Wall St. target price$74.18
PE ratio 7.5673
Dividend yield $3.753 (7.8%)
Earnings per share (TTM) $6.54

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Is it a good time to buy SL Green Realty stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

SL Green Realty price performance over time

Historical closes compared with the close of $48.55 from 2022-06-24

1 week (2022-06-16) N/A
1 month (2022-05-27) -22.47%
3 months (2022-03-25) -41.07%
6 months (2021-12-27) -32.96%
1 year (2021-06-25) -41.15%
2 years (2020-06-26) 3.83%
3 years (2019-06-27) 79.59
5 years (2017-06-27) 105.9724

Is SL Green Realty under- or over-valued?

Valuing SL Green Realty stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of SL Green Realty's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

SL Green Realty's P/E ratio

SL Green Realty's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, SL Green Realty shares trade at around 8x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

SL Green Realty's PEG ratio

SL Green Realty's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.0375. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into SL Green Realty's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

SL Green Realty's EBITDA

SL Green Realty's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $313.9 million.

The EBITDA is a measure of a SL Green Realty's overall financial performance and is widely used to measure a its profitability.

SL Green Realty financials

Revenue TTM $730.5 million
Operating margin TTM 16.28%
Gross profit TTM $419.4 million
Return on assets TTM 0.64%
Return on equity TTM 9.22%
Profit margin 64.62%
Book value $70.24
Market capitalisation $3.2 billion

TTM: trailing 12 months

SL Green Realty's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like SL Green Realty.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

SL Green Realty's total ESG risk score

Total ESG risk: 18.53

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and SL Green Realty's overall score of 18.53 (as at 01/01/2019) is excellent – landing it in it in the 10th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like SL Green Realty is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

SL Green Realty's environmental score

Environmental score: 7/100

SL Green Realty's environmental score of 7 puts it squarely in the 6th percentile of companies rated in the same sector. This could suggest that SL Green Realty is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

SL Green Realty's social score

Social score: 8.92/100

SL Green Realty's social score of 8.92 puts it squarely in the 6th percentile of companies rated in the same sector. This could suggest that SL Green Realty is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

SL Green Realty's governance score

Governance score: 12.11/100

SL Green Realty's governance score puts it squarely in the 6th percentile of companies rated in the same sector. That could suggest that SL Green Realty is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

SL Green Realty's controversy score

Controversy score: 1/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. SL Green Realty scored a 1 out of 5 for controversy – the highest score possible, reflecting that SL Green Realty has managed to keep its nose clean.

SL Green Realty share dividends

47%

Dividend payout ratio: 46.56% of net profits

Recently SL Green Realty has paid out, on average, around 46.56% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.8% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), SL Green Realty shareholders could enjoy a 7.8% return on their shares, in the form of dividend payments. In SL Green Realty's case, that would currently equate to about $3.753 per share.

While SL Green Realty's payout ratio might seem fairly standard, it's worth remembering that SL Green Realty may be investing much of the rest of its net profits in future growth.

SL Green Realty's most recent dividend payout was on 15 July 2022. The latest dividend was paid out to all shareholders who bought their shares by 29 June 2022 (the "ex-dividend date").

Have SL Green Realty's shares ever split?

SL Green Realty's shares were split on a 97:100 basis on 24 January 2022. So if you had owned 100 shares the day before before the split, the next day you'd have owned 97 shares. This wouldn't directly have changed the overall worth of your SL Green Realty shares – just the quantity. However, indirectly, the new 3.1% higher share price could have impacted the market appetite for SL Green Realty shares which in turn could have impacted SL Green Realty's share price.

SL Green Realty share price volatility

Over the last 12 months, SL Green Realty's shares have ranged in value from as little as $46.64 up to $83.3383. A popular way to gauge a stock's volatility is its "beta".

SLG.US volatility(beta: 1.39)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while SL Green Realty's is 1.387. This would suggest that SL Green Realty's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

SL Green Realty overview

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.

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Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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