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

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

SL Green Realty announced a quarterly dividend on Friday, November 30th. Investors of record on Wednesday, January 2nd will be given a dividend of $0.85 per share on Tuesday, January 15th. This represents a $3.40 annualized dividend and a yield of 3.86%. The ex-dividend date of this dividend is Monday, December 31st. This is a positive change from SL Green Realty's previous quarterly dividend of $0.81. View SL Green Realty's Dividend History.

SL Green Realty announced that its Board of Directors has initiated a share buyback program on Saturday, December 2nd 2017, which authorizes the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its stock is undervalued.

SL Green Realty Corp (NYSE:SLG) posted its quarterly earnings results on Wednesday, October, 17th. The real estate investment trust reported $1.03 earnings per share for the quarter, missing the consensus estimate of $1.69 by $0.66. The real estate investment trust had revenue of $250.87 million for the quarter, compared to the consensus estimate of $242.18 million. SL Green Realty had a return on equity of 5.05% and a net margin of 26.46%. SL Green Realty's quarterly revenue was down 21.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.49 earnings per share. View SL Green Realty's Earnings History.

SL Green Realty is scheduled to release their next quarterly earnings announcement on Wednesday, January 23rd 2019. View Earnings Estimates for SL Green Realty.

SL Green Realty will be holding an earnings conference call on Thursday, January 24th at 2:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8773128765.

14 brokers have issued 1 year price targets for SL Green Realty's shares. Their predictions range from $86.79 to $118.00. On average, they anticipate SL Green Realty's stock price to reach $102.5223 in the next twelve months. This suggests a possible upside of 16.5% from the stock's current price. View Analyst Price Targets for SL Green Realty.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SL Green Realty in the last year. There are currently 2 sell ratings, 5 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for SL Green Realty.

News coverage about SLG stock has trended very positive recently, according to InfoTrie. The research group ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. SL Green Realty earned a media sentiment score of 3.2 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Some companies that are related to SL Green Realty include Equinix (EQIX), Welltower (WELL), Equity Residential (EQR), AvalonBay Communities (AVB), DIGITAL RLTY TR/SH (DLR), Ventas (VTR), SBA Communications (SBAC), Realty Income (O), Weyerhaeuser (WY), Boston Properties (BXP), Essex Property Trust (ESS), HCP (HCP), ANNALY CAP MGMT/SH (NLY), Alexandria Real Estate Equities (ARE) and Host Hotels and Resorts (HST).

SL Green Realty's stock is owned by a number of of retail and institutional investors. Top institutional investors include Nisa Investment Advisors LLC (0.08%), State of Alaska Department of Revenue (0.06%), Beech Hill Advisors Inc. (0.02%), DNB Asset Management AS (0.01%), First Citizens Bank & Trust Co. (0.01%) and Meeder Asset Management Inc. (0.01%). Company insiders that own SL Green Realty stock include Andrew S Levine, Andrew W Mathias, Craig M Hatkoff, John H Alschuler Jr, John S Levy, Marc Holliday, 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 Beech Hill Advisors Inc., Meeder Asset Management Inc., First Hawaiian Bank, Somerset Trust Co, Nisa Investment Advisors LLC, DNB Asset Management AS, Gateway Investment Advisers LLC and Oakbrook Investments LLC. Company insiders that have sold SL Green Realty company stock in the last year include Andrew S Levine, Andrew W Mathias, Craig M Hatkoff, John S Levy, Marc Holliday and Matthew J Diliberto. View Insider Buying and Selling for SL Green Realty.

SLG stock was acquired by a variety of institutional investors in the last quarter, including First Citizens Bank & Trust Co., Fox Run Management L.L.C., Advisors Capital Management LLC and State of Alaska Department of Revenue. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of SLG stock can currently be purchased for approximately $87.97.

SL Green Realty has a market capitalization of $7.54 billion and generates $1.51 billion in revenue each year. The real estate investment trust earns $112.77 million in net income (profit) each year or $6.45 on an earnings per share basis. SL Green Realty employs 1,065 workers across the globe.

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]