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

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

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.

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.

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 analysts' consensus estimates 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.

SL Green Realty declared a mar 20 dividend on Wednesday, March 25th. Investors of record on Tuesday, March 31st will be paid 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.

11 brokerages have issued twelve-month price targets for SL Green Realty's shares. Their forecasts range from $78.00 to $109.00. On average, they anticipate SL Green Realty's stock 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.

Media stories about SLG stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. SL Green Realty earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutSL Green Realty.

SL Green Realty saw a increase in short interest in 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 short-interest ratio is presently 4.8 days. Currently, 5.4% of the shares of the company are short sold. View SL Green Realty's Current Options Chain.

Some companies that are related to SL Green Realty include DIGITAL RLTY TR/SH (DLR), Alexandria Real Estate Equities (ARE), Boston Properties (BXP), CyrusOne (CONE), Kilroy Realty (KRC), Douglas Emmett (DEI), CoreSite Realty (COR), Equity Commonwealth (EQC), Highwoods Properties (HIW), Hudson Pacific Properties (HPP), Corporate Office Properties Trust (OFC), Piedmont Office Realty Trust (PDM), Brandywine Realty Trust (BDN), Mack Cali Realty (CLI) and Franklin Street Properties (FSP).

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).

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

SL Green Realty's stock is owned by many different retail and institutional 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.

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.

SLG stock was acquired 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.

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.

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

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.

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

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]