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 reached pandemic status according to the World Health Organization. Since then, SLG stock has decreased by 29.2% and is now trading at $48.11. 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 data on Wednesday, April, 22nd. The real estate investment trust reported $0.59 EPS for the quarter, missing the consensus estimate of $1.70 by $1.11. The real estate investment trust earned $314.30 million during the quarter, compared to the consensus estimate of $233.95 million. SL Green Realty had a net margin of 27.34% and a return on equity of 5.89%. The business's revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.68 earnings per share. View SL Green Realty's earnings history.

SL Green Realty announced a monthly dividend on Monday, June 22nd. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.295 per share on Wednesday, July 15th. This represents a $3.54 annualized dividend and a yield of 7.36%. The ex-dividend date is Monday, June 29th. View SL Green Realty's dividend history.

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

14 Wall Street analysts have issued 1 year price targets for SL Green Realty's shares. Their forecasts range from $44.00 to $109.00. On average, they anticipate SL Green Realty's stock price to reach $72.79 in the next year. This suggests a possible upside of 51.3% from the stock's current price. View analysts' price targets for SL Green Realty.

News coverage about SLG stock has been trending very negative this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing 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 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 headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about SL Green Realty.

SL Green Realty saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 5,580,000 shares, a decrease of 7.0% from the June 15th total of 6,000,000 shares. Based on an average daily trading volume, of 2,110,000 shares, the days-to-cover ratio is currently 2.6 days. Approximately 7.3% of the company's stock 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). 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 shareholders include Confluence Investment Management LLC (1.62%), Envestnet Asset Management Inc. (0.06%) and Municipal Employees Retirement System of Michigan (0.02%). 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 sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. Company insiders that have sold SL Green Realty company stock in the last year include Edwin T Burton III, and Stephen L Green. View insider buying and selling activity for SL Green Realty.

SLG stock was bought by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, and Municipal Employees Retirement System of Michigan. 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 $48.11.

SL Green Realty has a market capitalization of $3.68 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]