SLGSL Green Realty Corp. shows mixed signals. While the company's real estate focus in Manhattan presents a stable, albeit slower-growth, thematic alignment, its fundamental metrics indicate profitability challenges and significant debt. Technicals suggest a bearish short-term trend. Investors should approach with caution, prioritizing income generation over capital appreciation.
SL Green Realty Corp.'s focus on Manhattan office real estate aligns with themes of urban regeneration and commercial real estate investment. However, the current shift towards hybrid work models presents a moderate headwind. The company's strong position as a major landlord in a prime market offers some resilience.
SL Green Realty Corp. faces challenges with profitability and a high debt burden. While revenue has been substantial, net income has been inconsistent and often negative. The company's balance sheet shows a significant amount of debt relative to equity and cash reserves.
Technical indicators suggest a bearish sentiment. The stock is trading below key moving averages and shows weak momentum across multiple timeframes. While some oscillators indicate oversold conditions, the prevailing trend is down.
| Factor | Score |
|---|---|
| Commercial Real Estate Demand (Manhattan) | 70 |
| Hybrid Work Impact | 40 |
| REIT Sector Trends | 65 |
| Dividend Appeal | 80 |
| Geographic Concentration Risk | 45 |
| Factor | Score |
|---|---|
| Valuation | 40 |
| Profitability | 50 |
| Growth | 30 |
| Balance Sheet Health | 40 |
| Cash Flow | 60 |
| Factor | Score |
|---|---|
| Trend Analysis | 30 |
| Momentum | 45 |
| Volume Confirmation | 55 |
| Support & Resistance | 60 |
| Short-Term Moving Averages | 35 |
Positive EPS Surprise Trend
The company has exceeded earnings per share (EPS) estimates in the last 3 quarters, with a significant positive surprise of 148.15% in Q1 2025, indicating strong operational execution and forecasting accuracy.
Improving Debt Coverage
Despite a significant debt load, the company's free cash flow for Q4 2024 ($129.59M) shows a positive trend and a growing ability to service its debt, with cash equivalents at $184.29M providing a liquidity buffer.
Negative EPS and High P/E
The trailing P/E ratio is negative (-617.4) due to negative EPS ($-0.55), and the P/S ratio is 6.3. The high P/S relative to recent annual performance (4.6 in 2023) suggests the stock may be overvalued, especially given the recent negative earnings.
Volatile Revenue and Profitability
Revenue and net income have been volatile, with a significant net loss reported in Q4 2023 (-$557.304M). While Q4 2024 shows a net profit ($30.653M), the overall trend indicates instability.
July 2025
15
Next Dividend Date
July 2025
31
Ex-Dividend Date
October 2025
16
Next Earnings Date
H: $
A: $
L: $
H: 173.50M
A: 164.84M
L: 152.40M
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.
63.44 USD
The 39 analysts offering 1 year price forecasts for SLG have a max estimate of 76.00 and a min estimate of 50.00.