SL Green Realty Corp (SLG) is a leading reit-office business based in the US. SL Green Realty is listed on the NYSE and employs 1,033 staff. All prices are listed in US Dollars.
|52-week range||$33.5182 - $90.3501|
|50-day moving average||$61.6078|
|200-day moving average||$53.413|
|Wall St. target price||$67.51|
|Dividend yield||$3.64 (5.79%)|
|Earnings per share (TTM)||$2.703|
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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.
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 23x. In other words, SL Green Realty shares trade at around 23x 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 "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 7.3213. 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 (earnings before interest, taxes, depreciation and amortisation) is $639.8 million.
The EBITDA is a measure of a SL Green Realty's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$1 billion|
|Operating margin TTM||31.32%|
|Gross profit TTM||$752.5 million|
|Return on assets TTM||1.58%|
|Return on equity TTM||3.93%|
|Market capitalisation||$4.4 billion|
TTM: trailing 12 months
There are currently 9.6 million SL Green Realty shares held short by investors – that's known as SL Green Realty's "short interest". This figure is 7.6% up from 8.9 million last month.
There are a few different ways that this level of interest in shorting SL Green Realty shares can be evaluated.
SL Green Realty's "short interest ratio" (SIR) is the quantity of SL Green Realty shares currently shorted divided by the average quantity of SL Green Realty shares traded daily (recently around 1.3 million). SL Green Realty's SIR currently stands at 7.21. In other words for every 100,000 SL Green Realty shares traded daily on the market, roughly 7210 shares are currently held short.
However SL Green Realty's short interest can also be evaluated against the total number of SL Green Realty shares, or, against the total number of tradable SL Green Realty shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case SL Green Realty's short interest could be expressed as 0.14% of the outstanding shares (for every 100,000 SL Green Realty shares in existence, roughly 140 shares are currently held short) or 0.1953% of the tradable shares (for every 100,000 tradable SL Green Realty shares, roughly 195 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against SL Green Realty.
Find out more about how you can short SL Green Realty stock.
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.
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.).
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.
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.
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.
Controversy score: 1/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. A high-profile company, 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.
|Total ESG score||18.53|
|Total ESG percentile||9.82|
|Environmental score percentile||6|
|Social score percentile||6|
|Governance score percentile||6|
|Level of controversy||1|
Dividend payout ratio: 39.62% of net profits
Recently SL Green Realty has paid out, on average, around 39.62% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.79% 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 5.79% return on their shares, in the form of dividend payments. In SL Green Realty's case, that would currently equate to about $3.64 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 16 February 2021. The latest dividend was paid out to all shareholders who bought their shares by 14 December 2020 (the "ex-dividend date").
SL Green Realty's shares were split on a 971:1000 basis on 21 January 2021. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 971 shares. This wouldn't directly have changed the overall worth of your SL Green Realty shares – just the quantity. However, indirectly, the new 3% 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.
Over the last 12 months, SL Green Realty's shares have ranged in value from as little as $33.5182 up to $90.3501. A popular way to gauge a stock's volatility is its "beta".
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 1.7127. 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 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 September 30, 2020, SL Green held interests in 93 buildings totaling 40.6 million square feet. This included ownership interests in 29.2 million square feet of Manhattan buildings and 10.3 million square feet securing debt and preferred equity investments.
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