MAY 2·Sahm→
A Look At SL Green Realty (SLG) Valuation After Its Recent 18.2% One Month Share Price Gain
SL Green Realty (SLG) has seen an 18.2% share price increase over the past month, despite longer-term declines. The stock is considered undervalued by some at $42.41, with an estimated intrinsic value near $51.83, supported by potential growth from Manhattan office demand and new developments. However, its P/S ratio of 3.2x, compared to an industry average of 1.9x, raises questions about whether good news is already priced in.
MAY 1·Stock Titan→
Vanguard reports 3.8M SL Green shares (NYSE: SLG), 5.34% stake
Vanguard Capital Management has reported a 5.34% passive stake in SL Green Realty Corp. (NYSE: SLG), holding 3,795,005 shares. This disclosure was made via a Schedule 13G filing, indicating that Vanguard has sole voting power over 589,791 shares and sole dispositive power over all 3,795,005 shares. The filing underscores Vanguard's role as a significant institutional investor in SL Green.