SL Green Realty Stock Forecast, Price & News

SL Green Realty's stock was trading at $67.99 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SLG shares have decreased by 8.7% and is now trading at $62.08.
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11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SL Green Realty in the last year. There are currently 10 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" SL Green Realty stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SLG, but not buy additional shares or sell existing shares.
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538 employees have rated SL Green Realty CEO Thomas Greco on Glassdoor.com. Thomas Greco has an approval rating of 63% among SL Green Realty's employees. This puts Thomas Greco in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

SL Green Realty is scheduled to release its next quarterly earnings announcement on Wednesday, January 27th 2021.
View our earnings forecast for SL Green Realty.

SL Green Realty will be holding an earnings conference call on Wednesday, January 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

SL Green Realty Corp. (NYSE:SLG) posted its quarterly earnings data on Wednesday, October, 21st. The real estate investment trust reported $0.19 earnings per share for the quarter, missing analysts' consensus estimates of $1.56 by $1.37. SL Green Realty had a net margin of 19.32% and a return on equity of 3.99%.
View SL Green Realty's earnings history.

SL Green Realty announced a dividend on Friday, January 15th. Stockholders of record on Friday, January 22nd will be paid a dividend of $3.6396 per share on Thursday, January 21st. This represents a yield of 5.86%. The ex-dividend date is Thursday, January 21st.
View SL Green Realty's dividend history.

SL Green Realty pays an annual dividend of $4.48 per share and currently has a dividend yield of 7.33%. SLG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. SL Green Realty does not yet have a strock track record of dividend growth. The dividend payout ratio of SL Green Realty is 64.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SL Green Realty will have a dividend payout ratio of 68.09% next year. This indicates that SL Green Realty will be able to sustain or increase its dividend.
View SL Green Realty's dividend history.

SL Green Realty updated its FY 2021 After-Hours earnings guidance on Monday, December, 7th. The company provided EPS guidance of 6.30-6.70 for the period.

11 brokers have issued 12 month price objectives for SL Green Realty's stock. Their forecasts range from $44.00 to $105.00. On average, they anticipate SL Green Realty's share price to reach $61.69 in the next twelve months. This suggests that the stock has a possible downside of 0.6%.
View analysts' price targets for SL Green Realty or view Wall Street analyst' top-rated stocks.

Some companies that are related to SL Green Realty include Digital Realty Trust (DLR), Alexandria Real Estate Equities (ARE), Boston Properties (BXP), CyrusOne (CONE), Kilroy Realty (KRC), CoreSite Realty (COR), Douglas Emmett (DEI), Highwoods Properties (HIW), Hudson Pacific Properties (HPP), Equity Commonwealth (EQC), Corporate Office Properties Trust (OFC), Piedmont Office Realty Trust (PDM), Brandywine Realty Trust (BDN), Mack-Cali Realty (CLI) and Franklin Street Properties (FSP).
View all of SLG's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other SL Green Realty investors own include AT&T (T), Pfizer (PFE), Simon Property Group (SPG), Altria Group (MO), Realty Income (O), Intel (INTC), AbbVie (ABBV), Enterprise Products Partners (EPD), NVIDIA (NVDA) and Verizon Communications (VZ).

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

SL Green Realty's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include TB Alternative Assets Ltd. (0.75%), Gilman Hill Asset Management LLC (0.10%), Axel Capital Management LLC (0.09%), Smith Graham & Co. Investment Advisors LP (0.08%), State of Alaska Department of Revenue (0.04%) and Lantz Financial LLC (0.03%). Company insiders that own SL Green Realty stock include Betsy S Atkins, Craig M Hatkoff, Edwin T Burton III, Matthew J Diliberto and Stephen L Green.
View institutional ownership trends for SL Green Realty.

SLG stock was sold by a variety of institutional investors in the last quarter, including TB Alternative Assets Ltd., Smith Graham & Co. Investment Advisors LP, Lantz Financial LLC, State of Alaska Department of Revenue, and Pacer Advisors Inc..
View insider buying and selling activity for SL Green Realty or view top insider-selling stocks.

SLG stock was purchased by a variety of institutional investors in the last quarter, including Gilman Hill Asset Management LLC, Axel Capital Management LLC, Shulman DeMeo Asset Management LLC, Crossmark Global Holdings Inc., and Louisiana State Employees Retirement System.
View insider buying and selling activity for SL Green Realty or or view top insider-buying stocks.

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

One share of SLG stock can currently be purchased for approximately $62.08.

SL Green Realty has a market capitalization of $4.51 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.

The official website for SL Green Realty is 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]