SLG:NYSESL Green Realty Corp Analysis
Data as of 2026-06-19 - not real-time
$50.56
Latest Price
7/10Risk
Risk Level: Medium
Executive Summary
SL Green is trading at $50.56, comfortably above its 20‑day SMA (≈$47.55) and 50‑day SMA (≈$44.50), with a bullish MACD histogram (+$0.12) and RSI at 63, suggesting short‑term momentum while volume is on the rise. However, the DCF‑derived fair value of $44.07 indicates the stock is priced roughly 13% above intrinsic value, and a dividend payout ratio of 154% raises questions about the sustainability of its 5.27% yield.
The recent $312 M sale of 10 East 53rd Street, expected to net about $100 M, will bolster cash resources, yet the REIT remains highly leveraged (debt‑to‑equity >150%) and reports negative EPS, reflecting ongoing challenges in the Manhattan office market.
The recent $312 M sale of 10 East 53rd Street, expected to net about $100 M, will bolster cash resources, yet the REIT remains highly leveraged (debt‑to‑equity >150%) and reports negative EPS, reflecting ongoing challenges in the Manhattan office market.
Market Outlook
Short Term
< 1 yearPositive
Model confidence: 7/10
Key Factors
- Bullish technical signals (MACD, price above SMAs)
- Strong cash inflow from recent asset sale
- Attractive dividend yield despite sustainability concerns
Medium Term
1–3 yearsNeutral
Model confidence: 5/10
Key Factors
- High leverage and negative earnings pressure
- Office sector headwinds in Manhattan
- Potential for dividend adjustments as cash flow stabilizes
Long Term
> 3 yearsCautious
Model confidence: 8/10
Key Factors
- Persistent overvaluation relative to DCF
- Elevated debt‑to‑equity and uncertain earnings recovery
- Long‑term structural challenges for office REITs
Key Metrics & Analysis
Financial Health
Revenue Growth-4.00%
Profit Margin-16.17%
P/E Ratio-27.8
ROE-3.47%
ROA0.50%
Debt/Equity150.04
P/B Ratio1.1
Op. Cash Flow$58.6M
Free Cash Flow$743.5M
Industry P/E32.3
Technical Analysis
TrendNeutral
RSI63.7
Support$40.81
Resistance$52.53
MA 20$47.55
MA 50$44.50
MA 200$46.70
MACDBullish
VolumeIncreasing
Fear & Greed Index92.14
Valuation
Fair Value$44.07
Target Price$48.28
Upside/Downside-4.51%
GradeOvervalued
TypeValue
Dividend Yield5.27%
Risk Assessment
Beta1.11
Volatility38.99%
Sector RiskHigh
Reg. RiskMedium
Geo RiskLow
Currency RiskLow
Liquidity RiskMedium
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.