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Upturn stock ratingUpturn stock rating
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SL Green Realty Corp (SLG)

Upturn stock ratingUpturn stock rating
$61.72
Last Close (24-hour delay)
Profit since last BUY1.58%
upturn advisory
Consider higher Upturn Star rating
BUY since 8 days
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

09/17/2025: SLG (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Number of Analysts

rating

18 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $63.72

1 Year Target Price $63.72

Analysts Price Target For last 52 week
$63.72 Target price
52w Low $44.14
Current$61.72
52w High $79.4

Analysis of Past Performance

Type Stock
Historic Profit 61.14%
Avg. Invested days 36
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/17/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 4.68B USD
Price to earnings Ratio -
1Y Target Price 63.72
Price to earnings Ratio -
1Y Target Price 63.72
Volume (30-day avg) 18
Beta 1.72
52 Weeks Range 44.14 - 79.40
Updated Date 09/17/2025
52 Weeks Range 44.14 - 79.40
Updated Date 09/17/2025
Dividends yield (FY) 4.65%
Basic EPS (TTM) -0.55

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -1.95%
Operating Margin (TTM) 28.45%

Management Effectiveness

Return on Assets (TTM) -0.55%
Return on Equity (TTM) -0.43%

Valuation

Trailing PE -
Forward PE 9.56
Enterprise Value 9347107999
Price to Sales(TTM) 7.31
Enterprise Value 9347107999
Price to Sales(TTM) 7.31
Enterprise Value to Revenue 10.37
Enterprise Value to EBITDA 21.01
Shares Outstanding 71022141
Shares Floating 70946147
Shares Outstanding 71022141
Shares Floating 70946147
Percent Insiders 0.07
Percent Institutions 92.83

ai summary icon Upturn AI SWOT

SL Green Realty Corp

stock logo

Company Overview

overview logo History and Background

SL Green Realty Corp. was founded in 1997 by Stephen L. Green. Initially focused on acquiring and managing office buildings in the New York City metropolitan area, it has grown to become the largest office landlord in Manhattan.

business area logo Core Business Areas

  • Commercial Real Estate: SL Green focuses on acquiring, managing, and developing commercial properties, primarily office buildings, in Manhattan.
  • Real Estate Debt Investments: SL Green originates, acquires, and manages debt investments secured by commercial real estate.

leadership logo Leadership and Structure

Marc Holliday serves as the Chairman and Chief Executive Officer. The company has a traditional corporate structure with a board of directors overseeing management.

Top Products and Market Share

overview logo Key Offerings

  • Office Space Leasing: SL Green's primary product is office space leasing in Manhattan. Market share fluctuates, but SL Green is consistently a top landlord. Competitors include Vornado Realty Trust (VNO) and Boston Properties (BXP). Revenue depends on occupancy rates and lease terms.
  • Real Estate Debt Investments: SL Green offers financing solutions through debt investments. Market share data for this segment is less readily available, but it is a significant revenue contributor. Competitors include private equity firms and other REITs with lending arms.

Market Dynamics

industry overview logo Industry Overview

The commercial real estate industry is influenced by economic conditions, interest rates, and demand for office space. Trends include flexible workspaces, sustainability, and technological integration.

Positioning

SL Green is a dominant player in the Manhattan office market, leveraging its size and expertise. Its competitive advantages include a strong portfolio of prime properties and established relationships.

Total Addressable Market (TAM)

The total addressable market for Manhattan office space is estimated to be in the hundreds of billions of dollars. SL Green's TAM is related to Class A office spaces. Its position is as a major landlord capturing a good % of TAM.

Upturn SWOT Analysis

Strengths

  • Dominant position in the Manhattan office market
  • Experienced management team
  • Strong portfolio of Class A properties
  • Proven track record of development and redevelopment
  • Established relationships with tenants and brokers

Weaknesses

  • High concentration in a single geographic market (Manhattan)
  • Sensitivity to economic cycles
  • High debt levels
  • Exposure to interest rate fluctuations
  • Dependence on key tenants

Opportunities

  • Acquisitions and development of new properties
  • Repositioning of existing assets
  • Expansion of debt investment business
  • Capitalizing on demand for sustainable and tech-enabled office space
  • Increasing rental rates in a recovering market

Threats

  • Economic downturns and recessions
  • Increased competition from other landlords
  • Rising interest rates
  • Changes in tenant preferences (e.g., remote work)
  • Increased property taxes and operating expenses

Competitors and Market Share

competitor logo Key Competitors

  • VNO
  • BXP
  • ARE
  • ESRT
  • CUZ

Competitive Landscape

SL Green benefits from its size and Class A portfolio. However, it needs to maintain high occupancies. VNO has a broader portfolio of commercial properties, while BXP has a better diversified US Market. ARE is in a different market of lab spaces. ESRT is focused on the iconic Empire State Building and CUZ on diversified spaces

Major Acquisitions

450 Park Avenue

  • Year: 2023
  • Acquisition Price (USD millions): 445
  • Strategic Rationale: Acquisition of a prime office tower to improve SL Green's portfolio.

Growth Trajectory and Initiatives

Historical Growth: Discussion and numbers to support needs to be entered here, showing how SL Green has performed.

Future Projections: Analyst estimates to be provided.

Recent Initiatives: Highlights of recent strategic initiatives undertaken by SL Green Realty Corp.

Summary

SL Green holds a strong position as Manhattan's largest office landlord with valuable Class A properties. However, high debt and concentration in a single market makes it susceptible to economic volatility and interest rates. Growth opportunities lie in new acquisitions and redevelopment, but the shift to remote work poses a challenge. The company must maintain high occupancy rates and manage expenses effectively to thrive.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings
  • Analyst reports
  • Industry publications

Disclaimers:

This analysis is for informational purposes only and does not constitute investment advice. Data may be subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About SL Green Realty Corp

Exchange NYSE
Headquaters New York, NY, United States
IPO Launch date 1997-08-15
Interim President, Chairman & CEO Mr. Marc Holliday
Sector Real Estate
Industry REIT - Office
Full time employees 1221
Full time employees 1221

SL Green Realty Corp., Manhattan's largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing the value of Manhattan commercial properties. As of June 30, 2025, SL Green held interests in 53 buildings totaling 30.7 million square feet. This included ownership interests in 27.2 million square feet of Manhattan buildings and 2.7 million square feet securing debt and preferred equity investments.