SL Green Realty
About: SL Green Realty is one of the largest Manhattan property owners and landlords, with interest in around 32 million square feet of wholly owned and joint-venture office space. The company has additional property exposure through its limited portfolio of well-located retail space. It operates as a real estate investment trust.
Employees: 1,188
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 9 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
87% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 31
15% more capital invested
Capital invested by funds: $3.54B [Q2] → $4.08B (+$543M) [Q3]
8% more funds holding
Funds holding: 297 [Q2] → 322 (+25) [Q3]
5.86% less ownership
Funds ownership: 96.5% [Q2] → 90.64% (-5.86%) [Q3]
24% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 123
33% less funds holding in top 10
Funds holding in top 10: 6 [Q2] → 4 (-2) [Q3]
62% less call options, than puts
Call options by funds: $105M | Put options by funds: $279M
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$67
2%
upside
Avg. target
$78
19%
upside
High target
$90
37%
upside
9 analyst ratings
2 positive
22%
7 neutral
78%
0 negative
0%
Mizuho Vikram Malhotra 75% 1-year accuracy 6 / 8 met price target | 2%upside $67 | Neutral Maintained | 7 Jan 2025 |
Jefferies Jonathan Petersen 27% 1-year accuracy 3 / 11 met price target | 5%upside $69 | Hold Maintained | 2 Jan 2025 |
Compass Point Floris Van Dijkum 55% 1-year accuracy 11 / 20 met price target | 14%upside $75 | Neutral Maintained | 11 Dec 2024 |
Scotiabank Nicholas Yulico 42% 1-year accuracy 15 / 36 met price target | 23%upside $81 | Sector Perform Maintained | 10 Dec 2024 |
JP Morgan Anthony Paolone 33% 1-year accuracy 6 / 18 met price target | 22%upside $80 | Neutral Upgraded | 10 Dec 2024 |
Financial journalist opinion
Based on 6 articles about SLG published over the past 30 days
Positive
Zacks Investment Research
10 hours ago
PINE or SLG: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Alpine Income (PINE) and SL Green (SLG). But which of these two stocks presents investors with the better value opportunity right now?
Positive
Zacks Investment Research
4 days ago
SL Green (SLG) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
Beyond analysts' top -and-bottom-line estimates for SL Green (SLG), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Positive
Zacks Investment Research
1 week ago
Down -12.29% in 4 Weeks, Here's Why You Should You Buy the Dip in SL Green (SLG)
SL Green (SLG) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Positive
Seeking Alpha
2 weeks ago
SL Green: 2025 Plans
SL Green's stock price has roughly doubled this fiscal year. Management repeatedly increased in Funds Flow From Operations during the fiscal year. The annual investor day highlighted SL Green's growth potential.
Positive
Zacks Investment Research
2 weeks ago
SL Green (SLG) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now
SL Green (SLG) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
Positive
Zacks Investment Research
3 weeks ago
Is the U.S Office Real Estate Market Set for a 2025 Comeback? 2 Picks
The U.S. office real estate market is likely poised for a rebound with high demand for premium office spaces backed by a strong economy.
Positive
Zacks Investment Research
1 month ago
Down -11.17% in 4 Weeks, Here's Why You Should You Buy the Dip in SL Green (SLG)
SL Green (SLG) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Neutral
GlobeNewsWire
1 month ago
SL Green Realty Corp. to Release Fourth Quarter 2024 Financial Results After Market Close on January 22, 2025
NEW YORK, Dec. 19, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that it will release its earnings for the fourth quarter of 2024 on Wednesday, January 22, 2025 after market close. The Company's executive management team, led by Marc Holliday, Chairman and Chief Executive Officer, will host a conference call and audio webcast on Thursday, January 23, 2025 at 2:00pm ET to discuss the financial results.
Positive
Barrons
1 month ago
These Are the Best REITs to Own in 2025, KeyBanc Says
The typical U.S. REIT returned 9% this year, or 13% with dividends.
Positive
Zacks Investment Research
1 month ago
Key Reasons to Add SL Green to Your Portfolio Right Now
Healthy demand for SLG's premier office spaces, a solid tenant base and opportunistic investments bode well for long-term growth.
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