Comparing Workspace Group (OTCMKTS:WKPPF) & SL Green Realty (NYSE:SLG)

Workspace Group (OTCMKTS:WKPPF) and SL Green Realty (NYSE:SLG) are both real estate companies, but which is the superior business? We will contrast the two businesses based on the strength of their earnings, analyst recommendations, dividends, valuation, risk, profitability and institutional ownership.

Profitability

This table compares Workspace Group and SL Green Realty’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Workspace Group	N/A	N/A	N/A
SL Green Realty	-16.92%	-4.37%	-1.53%

Insider and Institutional Ownership

90.0% of SL Green Realty shares are owned by institutional investors. 5.9% of SL Green Realty shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Analyst Ratings

This is a breakdown of current ratings and price targets for Workspace Group and SL Green Realty, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Workspace Group	1	1	0	0	1.50
SL Green Realty	2	10	7	0	2.26

SL Green Realty has a consensus price target of $55.15, suggesting a potential downside of 4.17%. Given SL Green Realty’s stronger consensus rating and higher possible upside, analysts plainly believe SL Green Realty is more favorable than Workspace Group.

Earnings and Valuation

This table compares Workspace Group and SL Green Realty”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Workspace Group	N/A	N/A	N/A	N/A	N/A
SL Green Realty	$983.27 million	4.16	-$88.28 million	($2.73)	-21.08

Workspace Group has higher earnings, but lower revenue than SL Green Realty.

Summary

SL Green Realty beats Workspace Group on 6 of the 9 factors compared between the two stocks.

About Workspace Group

Workspace is London's leading owner and operator of flexible workspace, currently managing 4.7 million sq. ft. of sustainable space at 79 locations in London and the South East. We are home to some 4,000 of London's fastest growing and established brands from a diverse range of sectors. Our purpose, to give businesses the freedom to grow, is based on the belief that in the right space, teams can achieve more. That in environments they tailor themselves, free from constraint and compromise, teams are best able to collaborate, build their culture and realise their potential. We have a unique combination of a highly effective and scalable operating platform, a portfolio of distinctive properties, and an ownership model that allows us to offer true flexibility. We provide customers with blank canvas space to create a home for their business, alongside leases that give them the freedom to easily scale up and down within our well-connected, extensive portfolio. We are inherently sustainable – we invest across the capital, breathing new life into old buildings and creating hubs of economic activity that help flatten London's working map. We work closely with our local communities to ensure we make a positive and lasting environmental and social impact, creating value over the long term. Workspace was established in 1987, has been listed on the London Stock Exchange since 1993, is a FTSE 250 listed Real Estate Investment Trust (REIT) and a member of the European Public Real Estate Association (EPRA). Workspace is a registered trademark of Workspace Group PLC, London, UK.

About SL Green Realty

3SL 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 value of Manhattan commercial properties. As of June 30, 2022, SL Green held interests in 64 buildings totaling 34.4 million square feet. This included ownership interests in 26.3 million square feet of Manhattan buildings and 7.2 million square feet securing debt and preferred equity investments.