NYSE:SLG - SL Green Realty Stock Price, News, & Analysis

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$93.13 +0.54 (+0.58 %)
(As of 10/19/2018 03:49 PM ET)
Previous Close$92.59
Today's Range$92.47 - $93.36
52-Week Range$89.46 - $106.54
Volume47,912 shs
Average Volume736,794 shs
Market Capitalization$7.98 billion
P/E Ratio14.42
Dividend Yield3.53%
Beta1.09
SL Green Realty Corp. is a real estate investment trust, which engages in property management, acquisitions and dispositions, financing, development and redevelopment, construction, and leasing. It operates through the Real Estate, and Debt and Preferred Equity Investments segments. The Real Estate segment consists of security, maintenance, utility costs, real estate taxes and, at certain properties, ground rent expense. The Debt and Preferred Equity Investments segment includes cash flow from operations, cash on hand, and other forms of secured or unsecured financing. The company was founded by Stephen L. Green in June 1997 and is headquartered in New York, NY.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
SymbolNYSE:SLG
CUSIP78440X10
Phone212-594-2700

Debt

Debt-to-Equity Ratio0.91
Current Ratio2.73
Quick Ratio2.73

Price-To-Earnings

Trailing P/E Ratio14.42
Forward P/E Ratio13.78
P/E Growth2.89

Sales & Book Value

Annual Sales$1.51 billion
Price / Sales5.33
Cash Flow$5.6752 per share
Price / Cash16.41
Book Value$73.59 per share
Price / Book1.27

Profitability

EPS (Most Recent Fiscal Year)$6.45
Net Income$112.77 million
Net Margins26.46%
Return on Equity5.01%
Return on Assets2.46%

Miscellaneous

Employees1,065
Outstanding Shares86,570,000
Market Cap$7.98 billion

SL Green Realty (NYSE:SLG) Frequently Asked Questions

What is SL Green Realty's stock symbol?

SL Green Realty trades on the New York Stock Exchange (NYSE) under the ticker symbol "SLG."

How often does SL Green Realty pay dividends? What is the dividend yield for SL Green Realty?

SL Green Realty announced a quarterly dividend on Friday, September 14th. Stockholders of record on Friday, September 28th will be given a dividend of $0.8125 per share on Monday, October 15th. This represents a $3.25 annualized dividend and a dividend yield of 3.49%. The ex-dividend date of this dividend is Thursday, September 27th. View SL Green Realty's Dividend History.

How will SL Green Realty's stock buyback program work?

SL Green Realty declared that its board has approved a share buyback program on Saturday, December 2nd 2017, which authorizes the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its stock is undervalued.

How were SL Green Realty's earnings last quarter?

SL Green Realty Corp (NYSE:SLG) issued its earnings results on Wednesday, October, 17th. The real estate investment trust reported $1.03 EPS for the quarter, missing the Zacks' consensus estimate of $1.69 by $0.66. The real estate investment trust had revenue of $250.87 million for the quarter, compared to analysts' expectations of $242.18 million. SL Green Realty had a return on equity of 5.01% and a net margin of 26.46%. The business's revenue for the quarter was down 21.5% on a year-over-year basis. During the same period last year, the firm posted $1.49 earnings per share. View SL Green Realty's Earnings History.

When is SL Green Realty's next earnings date?

SL Green Realty is scheduled to release their next quarterly earnings announcement on Wednesday, January 23rd 2019. View Earnings Estimates for SL Green Realty.

What price target have analysts set for SLG?

14 analysts have issued 12-month price objectives for SL Green Realty's shares. Their forecasts range from $97.00 to $130.00. On average, they anticipate SL Green Realty's stock price to reach $110.8333 in the next twelve months. This suggests a possible upside of 19.0% from the stock's current price. View Analyst Price Targets for SL Green Realty.

What is the consensus analysts' recommendation for SL Green Realty?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SL Green Realty in the last year. There are currently 1 sell rating, 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for SL Green Realty.

Who are some of SL Green Realty's key competitors?

Who are SL Green Realty's key executives?

SL Green Realty's management team includes the folowing people:
  • Marc Holliday, Chief Executive Officer & Director
  • Andrew W. Mathias, President & Director
  • Edward V. Piccinich, Chief Operating Officer
  • Matthew J. DiLiberto, Chief Financial Officer
  • Parimala Rao, Senior Vice President-Information Technology

Who are SL Green Realty's major shareholders?

SL Green Realty's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include PGGM Investments (1.27%), Timbercreek Investment Management Inc. (0.12%), Nisa Investment Advisors LLC (0.08%), Bank of Montreal Can (0.08%), State of Alaska Department of Revenue (0.06%) and Andra AP fonden (0.05%). Company insiders that own SL Green Realty stock include Andrew S Levine, Andrew W Mathias, Betsy S Atkins, Craig M Hatkoff, John H Alschuler Jr, John S Levy, Marc Holliday, Matthew J Diliberto and Stephen L Green. View Institutional Ownership Trends for SL Green Realty.

Which institutional investors are selling SL Green Realty stock?

SLG stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Timbercreek Investment Management Inc., Andra AP fonden, Gateway Investment Advisers LLC, Xact Kapitalforvaltning AB and Aperio Group LLC. Company insiders that have sold SL Green Realty company stock in the last year include Andrew S Levine, Andrew W Mathias, Craig M Hatkoff, John S Levy and Marc Holliday. View Insider Buying and Selling for SL Green Realty.

Which institutional investors are buying SL Green Realty stock?

SLG stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, First Hawaiian Bank, Nisa Investment Advisors LLC, Oakbrook Investments LLC, State of Alaska Department of Revenue and Fulton Bank N.A.. View Insider Buying and Selling for SL Green Realty.

How do I buy shares of SL Green Realty?

Shares of SLG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is SL Green Realty's stock price today?

One share of SLG stock can currently be purchased for approximately $93.13.

How big of a company is SL Green Realty?

SL Green Realty has a market capitalization of $7.98 billion and generates $1.51 billion in revenue each year. The real estate investment trust earns $112.77 million in net income (profit) each year or $6.45 on an earnings per share basis. SL Green Realty employs 1,065 workers across the globe.

What is SL Green Realty's official website?

The official website for SL Green Realty is http://www.slgreen.com.

How can I contact SL Green Realty?

SL Green Realty's mailing address is 420 LEXINGTON AVENUE, NEW YORK NY, 10170. The real estate investment trust can be reached via phone at 212-594-2700 or via email at [email protected]


MarketBeat Community Rating for SL Green Realty (NYSE SLG)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  424 (Vote Outperform)
Underperform Votes:  402 (Vote Underperform)
Total Votes:  826
MarketBeat's community ratings are surveys of what our community members think about SL Green Realty and other stocks. Vote "Outperform" if you believe SLG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SLG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/19/2018 by MarketBeat.com Staff

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