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

Upturn stock ratingUpturn stock rating
$54.47
Last Close (24-hour delay)
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PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
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

08/14/2025: SLG (4-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Number of Analysts

rating

18 Analysts rated it

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

1 Year Target Price $63.33

1 Year Target Price $63.33

Analysts Price Target For last 52 week
$63.33 Target price
52w Low $44.34
Current$54.47
52w High $79.76

Analysis of Past Performance

Type Stock
Historic Profit 58.65%
Avg. Invested days 40
Today’s Advisory PASS
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 08/14/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 4.11B USD
Price to earnings Ratio -
1Y Target Price 63.33
Price to earnings Ratio -
1Y Target Price 63.33
Volume (30-day avg) 18
Beta 1.68
52 Weeks Range 44.34 - 79.76
Updated Date 08/15/2025
52 Weeks Range 44.34 - 79.76
Updated Date 08/15/2025
Dividends yield (FY) 5.60%
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 8534614706
Price to Sales(TTM) 6.42
Enterprise Value 8534614706
Price to Sales(TTM) 6.42
Enterprise Value to Revenue 9.47
Enterprise Value to EBITDA 19.19
Shares Outstanding 71022096
Shares Floating 70944017
Shares Outstanding 71022096
Shares Floating 70944017
Percent Insiders 0.07
Percent Institutions 92.76

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. It is a fully integrated real estate investment trust (REIT) that focuses on acquiring, managing, and maximizing the value of commercial properties, primarily in Manhattan.

business area logo Core Business Areas

  • Office: Acquisition, development, ownership, and management of office properties, primarily in Manhattan.
  • Retail: Ownership and management of retail spaces, often integrated within the company's office properties.
  • Debt and Preferred Equity Investments: Origination, acquisition, and management of debt and preferred equity investments secured by real estate.

leadership logo Leadership and Structure

Marc Holliday is the Chairman and CEO. The organizational structure includes departments for acquisitions, asset management, leasing, finance, and development, managed by senior executives.

Top Products and Market Share

overview logo Key Offerings

  • Market Share (%): 25
  • Office Space: SL Green provides office space primarily in Manhattan. While exact market share fluctuates, they are a major player. Competitors include Vornado Realty Trust, Boston Properties and Empire State Realty Trust.
  • Market Share (%): 10
  • Retail Space: Retail space integrated into office buildings. Revenue figures for the retail arm are less readily available. Competitors include Brookfield Properties.
  • Debt and Preferred Equity Investments: Provides financing solutions to other property owners and developers. Competitors include Ladder Capital and Blackstone Mortgage Trust.
  • Market Share (%): 5

Market Dynamics

industry overview logo Industry Overview

The commercial real estate industry, particularly in Manhattan, is influenced by economic growth, interest rates, employment trends, and demand for office space. Hybrid work has shifted market dynamics, making high-quality space even more valuable.

Positioning

SL Green is positioned as a leading owner and manager of Manhattan office properties, known for its high-quality portfolio and proactive asset management. Their focus is on premier locations and properties. This comes with the pressure of maintaining a competitive portfolio in a market with increased vacancy rates.

Total Addressable Market (TAM)

The TAM for Manhattan commercial real estate is estimated to be in the hundreds of billions of dollars. SL Green's position focuses on higher-end office spaces, capturing a portion of this overall market, and the debt / equity investment business in NYC commercial real estate.

Upturn SWOT Analysis

Strengths

  • Prime locations of properties
  • Strong management team
  • Deep market knowledge of Manhattan real estate
  • Established relationships with tenants and brokers
  • Extensive experience in property development and redevelopment

Weaknesses

  • High concentration of assets in Manhattan
  • Sensitivity to economic downturns
  • High debt levels
  • Exposure to rising interest rates
  • High vacancy rates in certain properties

Opportunities

  • Redevelopment of existing properties to attract tenants
  • Acquisition of undervalued properties
  • Expansion into new markets within the NYC metro area
  • Capitalizing on demand for class A properties
  • Investing in sustainable/eco friendly projects

Threats

  • Economic recession
  • Increased competition from other REITs
  • Rising interest rates
  • Changes in zoning regulations
  • Decreased demand for office space due to remote work

Competitors and Market Share

competitor logo Key Competitors

  • VNO
  • BXP
  • ESRT

Competitive Landscape

SL Green's strengths include its deep market knowledge and high-quality properties. Weaknesses involve its geographic concentration and sensitivity to economic cycles. Competitors like Vornado and Boston Properties have broader portfolios and may be less vulnerable to Manhattan-specific downturns. Smaller market share competitors often offer more agile innovative strategies

Major Acquisitions

Olympic Tower Stake

  • Year: 2023
  • Acquisition Price (USD millions): 453
  • Strategic Rationale: Strategic move to increase ownership and control over a prime asset.

Growth Trajectory and Initiatives

Historical Growth: Discuss SL Green Realty Corp's growth trends over the past years.

Future Projections: Provide projections for SL Green Realty Corp's future growth based on analyst estimates.

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

Summary

SL Green is a leading Manhattan office REIT with a strong portfolio and experienced management. Their concentration in Manhattan makes them sensitive to economic cycles. Strategic acquisitions and redevelopment opportunities offer growth potential. However, high debt and rising interest rates pose challenges.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC filings, Company website, Analyst reports, Real Estate News Outlets

Disclaimers:

This analysis is based on publicly available information and does not constitute financial advice. Market conditions are 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.