NYSE:SLG SL Green Realty Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding SL Green Realty Corp. Please log in to your account or sign up in order to add this asset to your watchlist. $47.33 +1.18 (+2.56%) (As of 07/1/2022 03:17 PM ET) Add Compare Share Today's Range$46.21▼$48.4450-Day Range$46.15▼$75.1052-Week Range$46.64▼$83.96Volume15,697 shsAverage Volume944,009 shsMarket Capitalization$3.03 billionP/E Ratio6.99Dividend Yield7.71%Price Target$66.96 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SLG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SL Green Realty and its competitors with MarketBeat's FREE daily newsletter. Email Address SLG Stock Forecast (MarketRank)Overall MarketRank™3.20 out of 5 starsFinance Sector120th out of 1,394 stocksReal Estate Investment Trusts Industry12th out of 235 stocksAnalyst Opinion: 4.1Community Rank: 4.4Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 - 4.1 Analyst's Opinion Consensus RatingSL Green Realty has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 3 buy ratings, 9 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $66.96, SL Green Realty has a forecasted upside of 41.5% from its current price of $47.33.Amount of Analyst CoverageSL Green Realty has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.4 Community Rank Outperform VotesSL Green Realty has received 516 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSL Green Realty has received 277 “underperform” votes. (Add your “underperform” vote.)Community SentimentSL Green Realty has received 65.07% “outperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipSL Green Realty is a leading dividend payer. It pays a dividend yield of 7.71%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSL Green Realty does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of SL Green Realty is 55.08%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, SL Green Realty will have a dividend payout ratio of 53.29% next year. This indicates that SL Green Realty will be able to sustain or increase its dividend. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SL Green Realty insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.45% of the stock of SL Green Realty is held by insiders.Percentage Held by Institutions84.49% of the stock of SL Green Realty is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for SL Green Realty are expected to grow by 2.79% in the coming year, from $6.81 to $7.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SL Green Realty is 6.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.19.Price to Earnings Ratio vs. SectorThe P/E ratio of SL Green Realty is 6.99, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 54.66.Price to Earnings Growth RatioSL Green Realty has a PEG Ratio of 3.55. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSL Green Realty has a P/B Ratio of 0.63. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About SL Green Realty (NYSE:SLG)SL Green Realty Corp., an S&P 500 company and Manhattan'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 December 31, 2020, SL Green held interests in 88 buildings totaling 38.2 million square feet. This included ownership interests in 28.6 million square feet of Manhattan buildings and 8.7 million square feet securing debt and preferred equity investments.Read More SLG Stock News HeadlinesJuly 1, 2022 | americanbankingnews.comSL Green Realty (NYSE:SLG) Price Target Lowered to $50.00 at Jefferies Financial GroupJune 29, 2022 | finance.yahoo.comSL Green Announces Closing of 450 Park Avenue Acquisition in Newly Formed Joint VentureJune 24, 2022 | americanbankingnews.comSL Green Realty (NYSE:SLG) Reaches New 52-Week Low at $47.66June 23, 2022 | markets.businessinsider.comWhat 9 Analyst Ratings Have To Say About SL Green RealtyJune 21, 2022 | seekingalpha.comSL Green Realty: 7.6% Yield, 52% Upside, Major Debt RiskJune 21, 2022 | finance.yahoo.comSL Green Realty Corp. to Release Second Quarter 2022 Financial Results After Market Close on July 20, 2022June 17, 2022 | americanbankingnews.comSL Green Realty (NYSE:SLG) Hits New 52-Week Low at $48.21June 16, 2022 | americanbankingnews.comSL Green Realty Corp. (SLG) To Go Ex-Dividend on June 29thJune 16, 2022 | americanbankingnews.comSL Green Realty Corp. (NYSE:SLG) Receives $77.94 Consensus PT from BrokeragesJune 12, 2022 | americanbankingnews.comSL Green Realty (NYSE:SLG) Price Target Cut to $60.00June 9, 2022 | americanbankingnews.comSL Green Realty (NYSE:SLG) Hits New 52-Week Low at $56.81June 6, 2022 | msn.comCNBC's Final Trades: SL Green Realty, Boeing, ChargePoint And This Way To Gain Exposure To Tech StocksJune 6, 2022 | seekingalpha.comSL Green Realty sells 609 Fifth Avenue for $100.5MSee More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryOffice REITs SectorFinance Current SymbolNYSE:SLG CUSIP78440X10 CIK1040971 Webwww.slgreen.com Phone(212) 594-2700Fax212-216-1790Employees931Year FoundedN/ACompany Calendar Last Earnings4/20/2022Ex-Dividend for 6/15 Dividend5/27/2022Dividend Payable6/15/2022Ex-Dividend for 7/15 Dividend6/29/2022Today7/01/2022Dividend Payable7/15/2022Next Earnings (Confirmed)7/20/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$66.96 High Stock Price Forecast$88.00 Low Stock Price Forecast$48.00 Forecasted Upside/Downside+41.5%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$6.7722 Trailing P/E Ratio6.99 Forward P/E Ratio6.95 P/E Growth3.55Net Income$457.06 million Net Margins57.70% Pretax Margin33.13% Return on Equity9.58% Return on Assets4.22% Debt Debt-to-Equity Ratio0.97 Current Ratio2.36 Quick Ratio2.36 Sales & Book Value Annual Sales$843.99 million Price / Sales3.60 Cash Flow$10.36 per share Price / Cash Flow4.57 Book Value$75.69 per share Price / Book0.63Miscellaneous Outstanding Shares64,124,000Free Float61,270,000Market Cap$3.03 billion OptionableOptionable Beta1.41 SL Green Realty Frequently Asked Questions Should I buy or sell SL Green Realty stock right now? 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SL Green Realty in the last year. There are currently 9 hold ratings and 3 buy ratings 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. View analyst ratings for SL Green Realty or view top-rated stocks. What is SL Green Realty's stock price forecast for 2022? 12 brokerages have issued twelve-month price targets for SL Green Realty's shares. Their SLG stock forecasts range from $48.00 to $88.00. On average, they expect SL Green Realty's share price to reach $66.96 in the next twelve months. This suggests a possible upside of 41.3% from the stock's current price. View analysts' price targets for SL Green Realty or view top-rated stocks among Wall Street analysts. How has SL Green Realty's stock price performed in 2022? SL Green Realty's stock was trading at $73.893948 at the beginning of the year. Since then, SLG shares have decreased by 35.9% and is now trading at $47.39. View the best growth stocks for 2022 here. When is SL Green Realty's next earnings date? SL Green Realty is scheduled to release its next quarterly earnings announcement on Wednesday, July 20th 2022. View our earnings forecast for SL Green Realty. How can I listen to SL Green Realty's earnings call? SL Green Realty will be holding an earnings conference call on Thursday, July 21st at 2:00 PM Eastern. Interested parties can register for or listen to the call using this link. How were SL Green Realty's earnings last quarter? SL Green Realty Corp. (NYSE:SLG) issued its quarterly earnings results on Wednesday, April, 20th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.01 by $0.10. The real estate investment trust earned $187.96 million during the quarter, compared to analysts' expectations of $163.65 million. SL Green Realty had a trailing twelve-month return on equity of 9.58% and a net margin of 57.70%. The company's revenue was down 16.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.78 EPS. View SL Green Realty's earnings history. How often does SL Green Realty pay dividends? What is the dividend yield for SL Green Realty? SL Green Realty announced a monthly dividend on Tuesday, June 14th. Stockholders of record on Thursday, June 30th will be paid a dividend of $0.311 per share on Friday, July 15th. This represents a $3.73 annualized dividend and a dividend yield of 7.88%. The ex-dividend date of this dividend is Wednesday, June 29th. This is a boost from SL Green Realty's previous monthly dividend of $0.31. View SL Green Realty's dividend history. Is SL Green Realty a good dividend stock? SL Green Realty(NYSE:SLG) pays an annual dividend of $3.73 per share and currently has a dividend yield of 7.71%. SLG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of SL Green Realty is 55.08%. 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 53.29% next year. This indicates that SL Green Realty will be able to sustain or increase its dividend. View SL Green Realty's dividend history. When did SL Green Realty's stock split? How did SL Green Realty's stock split work? SL Green Realty shares reverse split on the morning of Monday, January 24th 2022. The 1-1.030599 reverse split was announced on Monday, January 24th 2022. The number of shares owned by shareholders was adjusted after the market closes on Monday, January 24th 2022. An investor that had 100 shares of SL Green Realty stock prior to the reverse split would have 97 shares after the split. Who are SL Green Realty's key executives? SL Green Realty's management team includes the following people: Mr. Marc Holliday, Chairman & CEO (Age 56, Pay $2.99M)Mr. Andrew W. Mathias, Pres & Director (Age 48, Pay $1M)Mr. Matthew J. DiLiberto, Chief Financial Officer (Age 48, Pay $1.51M)Mr. Andrew S. Levine, Chief Legal Officer, Exec. VP, Gen. Counsel & Sec. (Age 63, Pay $591.6k)Mr. Edward V. Piccinich, Chief Operating Officer (Age 59)Mr. Harrison Sitomer, Chief Investment OfficerMs. Maggie Hui, Chief Accounting Officer (Age 58)Mr. Christopher Gulden, Sr. VP of LeasingMr. Steven M. Durels, Exec. VP & Director of Leasing & Real Property (Age 63)Mr. Neil H. Kessner, Exec. VP & Gen. Counsel of Real Property What is Marc Holliday's approval rating as SL Green Realty's CEO? 20 employees have rated SL Green Realty CEO Marc Holliday on Glassdoor.com. Marc Holliday has an approval rating of 83% among SL Green Realty's employees. Who are some of SL Green Realty's key competitors? Some companies that are related to SL Green Realty include Digital Realty Trust (DLR), Alexandria Real Estate Equities (ARE), Boston Properties (BXP), Kilroy Realty (KRC), Douglas Emmett (DEI), Highwoods Properties (HIW), Equity Commonwealth (EQC), Corporate Office Properties Trust (OFC), Hudson Pacific Properties (HPP), Brandywine Realty Trust (BDN), Piedmont Office Realty Trust (PDM) and Franklin Street Properties (FSP). View all of SLG's 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 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). 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 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is SL Green Realty's stock price today? One share of SLG stock can currently be purchased for approximately $47.39. How much money does SL Green Realty make? SL Green Realty (NYSE:SLG) has a market capitalization of $3.04 billion and generates $843.99 million in revenue each year. The real estate investment trust earns $457.06 million in net income (profit) each year or $6.7722 on an earnings per share basis. How many employees does SL Green Realty have? SL Green Realty employs 931 workers across the globe. How can I contact SL Green Realty? SL Green Realty's mailing address is 420 LEXINGTON AVENUE, NEW YORK NY, 10170. The official website for SL Green Realty is www.slgreen.com. The real estate investment trust can be reached via phone at (212) 594-2700, via email at [email protected], or via fax at 212-216-1790. This page (NYSE:SLG) was last updated on 7/1/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. MarketBeat Resources Premium Research Tools MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools. Discover All Access Market Data and Calendars Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free. View Market Data Investing Education and Resources Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more. Financial Terms Details Here