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

$47.55
-1.15 (-2.36 %)
(As of 03/27/2020 04:00 PM ET)
Today's Range
$44.85
Now: $47.55
$50.08
50-Day Range
$41.14
MA: $77.11
$95.77
52-Week Range
$39.31
Now: $47.55
$96.39
Volume1.17 million shs
Average Volume1.53 million shs
Market Capitalization$3.71 billion
P/E Ratio15.44
Dividend Yield7.27%
Beta1.23
SL 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, 2019, SL Green held interests in 96 Manhattan buildings totaling 46.4 million square feet. This included ownership interests in 27.7 million square feet of Manhattan buildings and 18.7 million square feet of buildings securing debt and preferred equity investments. In addition, SL Green held ownership interests in 7 suburban properties comprised of 15 suburban buildings totaling 2.3 million square feet in Brooklyn, Westchester County, and Connecticut.
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SL Green Realty logo

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
CUSIP78440X10
Phone212-594-2700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.24 billion
Cash Flow$6.75 per share
Book Value$71.22 per share

Profitability

Net Income$281.35 million

Miscellaneous

Employees1,033
Market Cap$3.71 billion
Next Earnings Date4/15/2020 (Estimated)
OptionableOptionable

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SL Green Realty (NYSE:SLG) Frequently Asked Questions

How has SL Green Realty's stock been impacted by COVID-19 (Coronavirus)?

SL Green Realty's stock was trading at $67.99 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SLG stock has decreased by 30.1% and is now trading at $47.55. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of SL Green Realty?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SL Green Realty in the last year. There are currently 1 sell rating, 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for SL Green Realty.

When is SL Green Realty's next earnings date?

SL Green Realty is scheduled to release its next quarterly earnings announcement on Wednesday, April 15th 2020. View our earnings forecast for SL Green Realty.

How were SL Green Realty's earnings last quarter?

SL Green Realty Corp (NYSE:SLG) announced its quarterly earnings data on Wednesday, January, 22nd. The real estate investment trust reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.74 by $1.52. The real estate investment trust earned $218.50 million during the quarter, compared to analysts' expectations of $216.14 million. SL Green Realty had a net margin of 21.83% and a return on equity of 4.56%. View SL Green Realty's earnings history.

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

SL Green Realty declared a mar 20 dividend on Wednesday, March 25th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.295 per share on Wednesday, April 15th. This represents a yield of 7.3%. The ex-dividend date of this dividend is Monday, March 30th. View SL Green Realty's dividend history.

What price target have analysts set for SLG?

11 brokerages have issued 12-month price objectives for SL Green Realty's stock. Their forecasts range from $78.00 to $109.00. On average, they anticipate SL Green Realty's share price to reach $93.18 in the next twelve months. This suggests a possible upside of 96.0% from the stock's current price. View analysts' price targets for SL Green Realty.

Has SL Green Realty been receiving favorable news coverage?

Media stories about SLG stock have trended positive this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. SL Green Realty earned a daily sentiment score of 2.1 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutSL Green Realty.

Are investors shorting SL Green Realty?

SL Green Realty saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 4,190,000 shares, an increase of 18.7% from the February 13th total of 3,530,000 shares. Based on an average daily volume of 871,500 shares, the days-to-cover ratio is presently 4.8 days. Currently, 5.4% of the shares of the company are sold short. View SL Green Realty's Current Options Chain.

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

What other stocks do shareholders of SL Green Realty own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SL Green Realty investors own include Starbucks (SBUX), Welltower (WELL), Netflix (NFLX), NVIDIA (NVDA), PepsiCo (PEP), Pfizer (PFE), AT&T (T), Exxon Mobil (XOM), Cisco Systems (CSCO) and QUALCOMM (QCOM).

Who are SL Green Realty's key executives?

SL Green Realty's management team includes the following people:
  • Mr. Marc Holliday, Chairman & CEO (Age 53)
  • Mr. Andrew W. Mathias, Pres & Director (Age 45)
  • Mr. Matthew J. DiLiberto, Chief Financial Officer (Age 45)
  • Mr. Andrew S. Levine, Chief Legal Officer, Exec. VP, Gen. Counsel & Sec. (Age 60)
  • Mr. Edward V. Piccinich, Chief Operating Officer (Age 56)

What is SL Green Realty's stock symbol?

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

Who are SL Green Realty's major shareholders?

SL Green Realty's stock is owned by a variety of institutional and retail investors. Top institutional investors include State Street Corp (7.36%), FMR LLC (3.97%), Renaissance Technologies LLC (2.23%), Geode Capital Management LLC (2.03%), Nuveen Asset Management LLC (1.90%) and Charles Schwab Investment Management Inc. (1.56%). Company insiders that own SL Green Realty stock include Andrew S Levine, Andrew W Mathias, Betsy S Atkins, Craig M Hatkoff, Edwin T Burton III, John S Levy, Marc Holliday and Matthew J Diliberto. 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 Boston Partners, PGGM Investments, State Street Corp, Lasalle Investment Management Securities LLC, California Public Employees Retirement System, UBS Asset Management Americas Inc., Goldman Sachs Group Inc., and Russell Investments Group Ltd.. Company insiders that have sold SL Green Realty company stock in the last year include Betsy S Atkins, and Edwin T Burton III. View insider buying and selling activity for SL Green Realty.

Which major investors are buying SL Green Realty stock?

SLG stock was purchased by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, Norges Bank, Heitman Real Estate Securities LLC, Janus Henderson Group PLC, Renaissance Technologies LLC, LDR Capital Management LLC, Prudential Financial Inc., and Levin Easterly Partners LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is SL Green Realty's stock price today?

One share of SLG stock can currently be purchased for approximately $47.55.

How big of a company is SL Green Realty?

SL Green Realty has a market capitalization of $3.71 billion and generates $1.24 billion in revenue each year. The real estate investment trust earns $281.35 million in net income (profit) each year or $7.00 on an earnings per share basis. SL Green Realty employs 1,033 workers across the globe. View additional information about SL Green Realty.

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:  502 (Thanks for Voting!)
Underperform Votes:  474 (Thanks for Voting!)
Total Votes:  976
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 3/28/2020 by MarketBeat.com Staff

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