NYSE:SLGSL Green Realty Stock Price, Forecast & News

SL Green Realty's stock was trading at $67.99 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SLG stock has decreased by 26.6% and is now trading at $49.92. View which stocks have been most impacted by Coronavirus.

14 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for SL Green Realty.

SL Green Realty is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for SL Green Realty.

SL Green Realty will be holding an earnings conference call on Wednesday, July 22nd 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) issued its quarterly earnings results on Wednesday, April, 22nd. The real estate investment trust reported $0.59 earnings per share for the quarter, missing analysts' consensus estimates of $1.70 by $1.11. The real estate investment trust had revenue of $314.30 million for the quarter, compared to analyst estimates of $233.95 million. SL Green Realty had a net margin of 27.34% and a return on equity of 5.89%. SL Green Realty's quarterly revenue was up 3.3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.68 earnings per share. View SL Green Realty's earnings history.

SL Green Realty announced a monthly dividend on Monday, June 22nd. Investors of record on Tuesday, June 30th will be paid a dividend of $0.295 per share on Wednesday, July 15th. This represents a $3.54 dividend on an annualized basis and a yield of 7.09%. The ex-dividend date is Monday, June 29th. View SL Green Realty's dividend history.

SL Green Realty updated its FY20 earnings guidance on Wednesday, April, 22nd. The company provided earnings per share guidance of $6.60-$7.10 for the period, compared to the Thomson Reuters consensus estimate of $6.94.

14 equities research analysts have issued 1 year price targets for SL Green Realty's stock. Their forecasts range from $44.00 to $109.00. On average, they expect SL Green Realty's stock price to reach $72.79 in the next twelve months. This suggests a possible upside of 45.8% from the stock's current price. View analysts' price targets for SL Green Realty.

Media coverage about SLG stock has trended negative recently, according to InfoTrie. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. SL Green Realty earned a news impact score of -2.8 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 7.0 out of 10, indicating that recent media coverage is likely to have an impact on the stock's share price in the next several days. View the latest news about SL Green Realty.

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). View all competitors.

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

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 number of retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (1.62%). Company insiders that own SL Green Realty stock include Andrew W Mathias, Betsy S Atkins, Craig M Hatkoff, Edwin T Burton III, John S Levy, Marc Holliday, Matthew J Diliberto and Stephen L Green. View institutional ownership trends for SL Green Realty.

SLG stock was bought by a variety of institutional investors in the last quarter, including Confluence Investment Management 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 $49.92.

SL Green Realty has a market capitalization of $3.82 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]