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SL Green Realty Stock Price, Forecast & Analysis (NYSE:SLG)

$82.44
-0.99 (-1.19 %)
(As of 11/22/2019 03:31 AM ET)
Today's Range
$81.72
Now: $82.44
$83.19
50-Day Range
$78.63
MA: $82.81
$86.13
52-Week Range
$75.46
Now: $82.44
$97.59
Volume933,455 shs
Average Volume666,911 shs
Market Capitalization$6.60 billion
P/E Ratio12.45
Dividend Yield4.08%
Beta1.06
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. Read More…

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$1.23 billion
Cash Flow$8.71 per share
Book Value$72.37 per share

Profitability

Net Income$258.65 million

Miscellaneous

Employees1,058
Market Cap$6.60 billion
Next Earnings Date1/22/2020 (Estimated)
OptionableOptionable

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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 -- dividend on Friday, September 20th. Shareholders of record on Monday, September 30th will be paid a dividend of $0.85 per share on Tuesday, October 15th. This represents a yield of 4.2%. The ex-dividend date of this dividend is Friday, 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 of Directors has authorized a share buyback plan on Saturday, December 2nd 2017, which allows the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's management believes its stock is undervalued.

How were SL Green Realty's earnings last quarter?

SL Green Realty Corp (NYSE:SLG) posted its quarterly earnings data on Wednesday, October, 16th. The real estate investment trust reported $0.40 earnings per share for the quarter, missing the consensus estimate of $1.73 by $1.33. The real estate investment trust had revenue of $248.03 million for the quarter, compared to the consensus estimate of $243.02 million. SL Green Realty had a return on equity of 3.18% and a net margin of 15.37%. The business's revenue for the quarter was down 1.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.69 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, January 22nd 2020. View Earnings Estimates for SL Green Realty.

What price target have analysts set for SLG?

13 Wall Street analysts have issued 12 month price targets for SL Green Realty's shares. Their forecasts range from $78.00 to $107.00. On average, they anticipate SL Green Realty's stock price to reach $93.92 in the next year. This suggests a possible upside of 13.9% from the stock's current price. View Analyst Price Targets for SL Green Realty.

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

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SL Green Realty in the last year. There are currently 2 sell ratings, 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for SL Green Realty.

Has SL Green Realty been receiving favorable news coverage?

Media stories about SLG stock have been trending somewhat positive recently, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. SL Green Realty earned a news sentiment score of 1.5 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for SL Green Realty.

Are investors shorting SL Green Realty?

SL Green Realty saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 3,060,000 shares, an increase of 10.5% from the September 30th total of 2,770,000 shares. Based on an average daily trading volume, of 727,700 shares, the short-interest ratio is currently 4.2 days. Currently, 3.8% of the shares of the stock are short sold. 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 Welltower (WELL), Starbucks (SBUX), Ford Motor (F), Exxon Mobil (XOM), Netflix (NFLX), Bristol-Myers Squibb (BMY), Pfizer (PFE), AT&T (T), Amgen (AMGN) and Cisco Systems (CSCO).

Who are SL Green Realty's key executives?

SL Green Realty's management team includes the folowing 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)

Who are SL Green Realty's major shareholders?

SL Green Realty's stock is owned by many different of retail and institutional investors. Top institutional shareholders include PGGM Investments (1.31%), California Public Employees Retirement System (0.61%), Sumitomo Mitsui Trust Holdings Inc. (0.51%), LDR Capital Management LLC (0.30%), Rhumbline Advisers (0.22%) and Presima Inc. (0.21%). 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 Russell Investments Group Ltd., SG Americas Securities LLC, Robeco Institutional Asset Management B.V., Dupont Capital Management Corp, State of Tennessee Treasury Department, First Trust Advisors LP, Great West Life Assurance Co. Can and Fjarde AP Fonden Fourth Swedish National Pension Fund. Company insiders that have sold SL Green Realty company stock in the last year include Betsy S Atkins, Craig M Hatkoff, Edwin T Burton III, Marc Holliday and Matthew J Diliberto. 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 PGGM Investments, LDR Capital Management LLC, California Public Employees Retirement System, Great Lakes Advisors LLC, Presima Inc., Envestnet Asset Management Inc., Sumitomo Mitsui Trust Holdings Inc. and Mackay Shields LLC. 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, 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 $82.44.

How big of a company is SL Green Realty?

SL Green Realty has a market capitalization of $6.60 billion and generates $1.23 billion in revenue each year. The real estate investment trust earns $258.65 million in net income (profit) each year or $6.62 on an earnings per share basis. SL Green Realty employs 1,058 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:  2.5 out of 5 (star star half star)
Outperform Votes:  477 (Vote Outperform)
Underperform Votes:  464 (Vote Underperform)
Total Votes:  941
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 11/22/2019 by MarketBeat.com Staff

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