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

Sign in or create an account to add this stock to your watchlist.
$105.86 +0.94 (+0.90 %)
(As of 08/19/2018 02:09 AM ET)
Previous Close$105.86
Today's Range$104.69 - $106.17
52-Week Range$89.46 - $106.35
Volume421,279 shs
Average Volume902,679 shs
Market Capitalization$8.99 billion
P/E Ratio16.41
Dividend Yield3.13%
Beta1.09
SL Green Realty logoSL Green Realty Corp., an S&P 500 company and New York City'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 March 31, 2018, SL Green held interests in 118 Manhattan buildings totaling 49.9 million square feet. This included ownership interests in 28.7 million square feet of Manhattan buildings and debt and preferred equity investments secured by 21.2 million square feet of buildings. In addition, SL Green held ownership interests in 25 suburban buildings totaling 3.7 million square feet in Brooklyn, Long Island, Westchester County, and Connecticut.

Receive SLG News and Ratings via Email

Sign-up to receive the latest news and ratings for SLG and its competitors with MarketBeat's FREE daily newsletter.

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 Ratio16.41
Forward P/E Ratio15.68
P/E Growth3.22

Sales & Book Value

Annual Sales$1.51 billion
Price / Sales6.06
Cash Flow$5.7253 per share
Price / Cash18.49
Book Value$73.59 per share
Price / Book1.44

Profitability

EPS (Most Recent Fiscal Year)$6.45
Net Income$112.77 million
Net Margins21.45%
Return on Equity4.24%
Return on Assets2.04%

Miscellaneous

Employees1,065
Outstanding Shares86,570,000
Market Cap$8.99 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 declared a quarterly dividend on Friday, June 15th. Stockholders of record on Friday, June 29th will be given a dividend of $0.813 per share on Monday, July 16th. This represents a $3.25 dividend on an annualized basis and a dividend yield of 3.07%. The ex-dividend date of this dividend is Thursday, June 28th. 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 initiated a share repurchase program on Saturday, December 2nd 2017, which permits the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board of directors believes its stock is undervalued.

How were SL Green Realty's earnings last quarter?

SL Green Realty Corp (NYSE:SLG) posted its quarterly earnings results on Wednesday, July, 18th. The real estate investment trust reported $1.69 earnings per share for the quarter, topping the consensus estimate of $1.68 by $0.01. The real estate investment trust had revenue of $301.10 million for the quarter, compared to analysts' expectations of $241.47 million. SL Green Realty had a net margin of 21.45% and a return on equity of 4.24%. The company's revenue for the quarter was down 24.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.78 EPS. 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, October, 17th 2018. View Earnings Estimates for SL Green Realty.

What price target have analysts set for SLG?

12 brokerages have issued 1 year price objectives for SL Green Realty's stock. Their predictions range from $97.00 to $130.00. On average, they anticipate SL Green Realty's stock price to reach $110.5455 in the next twelve months. This suggests a possible upside of 4.4% from the stock's current price. View Analyst Price Targets for SL Green Realty.

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

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SL Green Realty in the last year. There are currently 1 sell rating, 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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:
  • Mr. Marc Holliday, CEO & Director (Age 52)
  • Mr. Andrew W. Mathias, Pres & Director (Age 44)
  • Mr. Matthew J. DiLiberto, Chief Financial Officer (Age 44)
  • Mr. Andrew S. Levine, Chief Legal Officer, Exec. VP, Gen. Counsel & Sec. (Age 59)
  • Mr. Edward V. Piccinich, Chief Operating Officer (Age 55)

Has SL Green Realty been receiving favorable news coverage?

News articles about SLG stock have been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. SL Green Realty earned a media and rumor sentiment score of 0.13 on Accern's scale. They also gave media headlines about the real estate investment trust an impact score of 46.51 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for SL Green Realty.

Who are SL Green Realty's major shareholders?

SL Green Realty's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.89%), Boston Partners (6.06%), FMR LLC (5.24%), Morgan Stanley (4.97%), Dimensional Fund Advisors LP (1.76%) and PGGM Investments (1.41%). Company insiders that own SL Green Realty stock include Andrew S Levine, Andrew W Mathias, Betsy S Atkins, Craig M Hatkoff, Eleanor Jean Barker, 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 major investors are selling SL Green Realty stock?

SLG stock was sold by a variety of institutional investors in the last quarter, including Cbre Clarion Securities LLC, PGGM Investments, Long Pond Capital LP, FMR LLC, BlackRock Inc., Aviva PLC, Canada Pension Plan Investment Board and Wells Fargo & Company MN. 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 major investors are buying SL Green Realty stock?

SLG stock was bought by a variety of institutional investors in the last quarter, including Boston Partners, Advisors Asset Management Inc., Bank of America Corp DE, Putnam Investments LLC, Millennium Management LLC, Presima Inc., Schwab Charles Investment Management Inc. and Russell Investments Group Ltd.. Company insiders that have bought SL Green Realty stock in the last two years include Eleanor Jean Barker and Marc Holliday. 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 $105.86.

How big of a company is SL Green Realty?

SL Green Realty has a market capitalization of $8.99 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.

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:  416 (Vote Outperform)
Underperform Votes:  387 (Vote Underperform)
Total Votes:  803
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 8/19/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.