NYSE:SLG SL Green Realty - SLG 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. $41.83 -2.14 (-4.87%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$41.70▼$43.4250-Day Range$32.94▼$43.9752-Week Range$32.15▼$83.96Volume1.33 million shsAverage Volume1.31 million shsMarket Capitalization$2.69 billionP/E RatioN/ADividend Yield7.77%Price Target$47.93 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media SL Green Realty MarketRank™ ForecastAnalyst RatingHold2.14 Rating ScoreUpside/Downside14.6% Upside$47.93 Price TargetShort InterestBearish11.69% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.44Based on 15 Articles This WeekInsider TradingN/AProj. Earnings Growth4.01%From $5.49 to $5.71 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.32 out of 5 starsFinance Sector381st out of 858 stocksReal Estate Investment Trusts Industry91st out of 189 stocks 3.1 Analyst's Opinion Consensus RatingSL Green Realty has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 3 buy ratings, 10 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $47.93, SL Green Realty has a forecasted upside of 14.6% from its current price of $41.83.Amount of Analyst CoverageSL Green Realty has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted11.69% of the float of SL Green Realty has been sold short.Short Interest Ratio / Days to CoverSL Green Realty has a short interest ratio ("days to cover") of 6.2.Change versus previous monthShort interest in SL Green Realty has recently decreased by 2.23%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend LeadershipSL Green Realty is a leading dividend payer. It pays a dividend yield of 7.77%, 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 SustainabilityBased on earnings estimates, SL Green Realty will have a dividend payout ratio of 56.92% next year. This indicates that SL Green Realty will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SLG. Previous Next 3.0 News and Social Media Coverage News SentimentSL Green Realty has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 15 news articles for SL Green Realty this week, compared to 3 articles on an average week.Search Interest49 people have searched for SLG on MarketBeat in the last 30 days. This is an increase of 96% compared to the previous 30 days.MarketBeat Follows17 people have added SL Green Realty to their MarketBeat watchlist in the last 30 days. This is an increase of 55% compared to the previous 30 days. 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 5.21% of the stock of SL Green Realty is held by insiders.Percentage Held by Institutions82.00% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for SL Green Realty are expected to grow by 4.01% in the coming year, from $5.49 to $5.71 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SL Green Realty is -28.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of SL Green Realty is -28.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSL Green Realty has a P/B Ratio of 0.57. 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) Stock3SL Green Realty Corp., 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 June 30, 2022, SL Green held interests in 64 buildings totaling 34.4 million square feet. This included ownership interests in 26.3 million square feet of Manhattan buildings and 7.2 million square feet securing debt and preferred equity investments.Read More 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 News HeadlinesFebruary 3, 2023 | americanbankingnews.comSL Green Realty (NYSE:SLG) PT Raised to $43.00 at Robert W. BairdJanuary 31, 2023 | marketwatch.comSL Green Realty Corp. stock rises Tuesday, outperforms marketFebruary 5, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 31, 2023 | finance.yahoo.comBear market unlike anything I’ve seen since starting on the Street in 1980, says short selling legend Jim ChanosJanuary 31, 2023 | americanbankingnews.comJefferies Financial Group Analysts Cut Earnings Estimates for SL Green Realty Corp. (NYSE:SLG)January 30, 2023 | finance.yahoo.comSL Green Realty Corp. (NYSE:SLG) Q4 2022 Earnings Call TranscriptJanuary 29, 2023 | finance.yahoo.comSL Green Realty (NYSE:SLG) shareholders are up 7.5% this past week, but still in the red over the last five yearsJanuary 27, 2023 | finance.yahoo.comSL Green (SLG) Starts 2023 With Leases Covering 343K Sq. FtFebruary 5, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! January 27, 2023 | americanbankingnews.comBrokerages Set SL Green Realty Corp. (NYSE:SLG) PT at $48.29January 27, 2023 | markets.businessinsider.comMizuho Securities Keeps Their Hold Rating on SL Green Realty (SLG)January 26, 2023 | seekingalpha.comSL Green Realty Corp (SLG) Q4 2022 Earnings Call TranscriptJanuary 25, 2023 | markets.businessinsider.comSL Green Realty Corp. Q4 Loss increases, misses estimatesJanuary 25, 2023 | msn.comSL Green Realty Q4 earnings just misses consensus as expenses riseJanuary 25, 2023 | finance.yahoo.comSL Green Realty Corp. Reports Fourth Quarter 2022 EPS of ($1.01) per Share; and FFO of $1.46 per ShareJanuary 25, 2023 | finance.yahoo.comSL Green Signs Leases Totaling 343,000 Square Feet to Kick Off 2023January 24, 2023 | marketwatch.comSL Green Realty Corp. stock falls Tuesday, underperforms marketJanuary 21, 2023 | seekingalpha.comSL Green: Flexibility Under FireJanuary 19, 2023 | msn.comSL Green Realty declares $0.2708 dividendJanuary 19, 2023 | seekingalpha.comSL Green Realty: Tread CautiouslyJanuary 12, 2023 | benzinga.comZoetis, SL Green Realty, Abbott Laboratories And This Big Bank Reporting Earnings On Friday: CNBC's 'Final Trades'January 11, 2023 | seekingalpha.comSL Green Realty Corp.: The Ultimate Capitulation MoveDecember 30, 2022 | finance.yahoo.comWhy Is SL Green's Dividend Yield So High?December 21, 2022 | finance.yahoo.comSL Green Realty Corp. to Release Fourth Quarter 2022 Financial Results After Market Close on January 25, 2023December 15, 2022 | marketwatch.comSL Green Realty Corp. stock outperforms market despite losses on the dayDecember 14, 2022 | marketwatch.comSL Green Realty Corp. stock rises Wednesday, outperforms marketDecember 13, 2022 | finance.yahoo.comSL Green Celebrates the Topping Out of One Madison Avenue in Midtown SouthSee More Headlines 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 Company Calendar Ex-Dividend for 1/17 Dividend12/29/2022Dividend Payable1/17/2023Last Earnings1/25/2023Ex-Dividend for 2/15 Dividend1/30/2023Today2/05/2023Dividend Payable2/15/2023Next Earnings (Estimated)4/19/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, 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 Founded1997Price Target and Rating Average Stock Price Forecast$47.93 High Stock Price Forecast$84.00 Low Stock Price Forecast$32.00 Forecasted Upside/Downside+14.6%Consensus RatingHold Rating Score (0-4)2.14 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)($1.49) Trailing P/E RatioN/A Forward P/E Ratio7.62 P/E GrowthN/ANet Income$-71,630,000.00 Net Margins-9.44% Pretax Margin0.99% Return on Equity-1.62% Return on Assets-0.67% Debt Debt-to-Equity Ratio1.20 Current Ratio2.64 Quick Ratio2.34 Sales & Book Value Annual Sales$826.74 million Price / Sales3.25 Cash Flow$2.25 per share Price / Cash Flow18.55 Book Value$73.00 per share Price / Book0.57Miscellaneous Outstanding Shares64,320,000Free Float60,965,000Market Cap$2.69 billion OptionableOptionable Beta1.49 Social Links Key ExecutivesMr. Marc Holliday (Age 56)Chairman & CEO Comp: $2.99MMr. Andrew W. Mathias (Age 48)Pres & Director Comp: $1MMr. Matthew J. DiLiberto (Age 48)Chief Financial Officer Comp: $1.51MMr. Andrew S. Levine (Age 63)Chief Legal Officer, Exec. VP, Gen. Counsel & Sec. Comp: $591.6kMr. Edward V. Piccinich (Age 59)Chief Operating Officer Mr. Harrison SitomerChief Investment OfficerMs. Maggie Hui (Age 58)Chief Accounting Officer Mr. Christopher GuldenSr. VP of LeasingMr. Steven M. Durels (Age 63)Exec. VP & Director of Leasing & Real Property Mr. Neil H. KessnerExec. VP & Gen. Counsel of Real PropertyMore ExecutivesKey CompetitorsEquity CommonwealthNYSE:EQCDouglas EmmettNYSE:DEICorporate Office Properties TrustNYSE:OFCHighwoods PropertiesNYSE:HIWBrandywine Realty TrustNYSE:BDNView All CompetitorsInsiders & InstitutionsHill Winds Capital LPBought 55,000 shares on 2/3/2023Ownership: 0.086%Total Clarity Wealth Management Inc.Bought 8,552 shares on 2/3/2023Ownership: 0.038%JLP Asset Management LLCSold 17,800 shares on 2/3/2023Ownership: 0.033%ProShare Advisors LLCBought 832 shares on 2/2/2023Ownership: 0.019%SG Americas Securities LLCSold 1,105 shares on 2/2/2023Ownership: 0.012%View All Insider TransactionsView All Institutional Transactions SLG Stock - Frequently Asked Questions Should I buy or sell SL Green Realty stock right now? 14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SL Green Realty in the last year. There are currently 1 sell rating, 10 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SLG shares. 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 SLG analyst ratings or view top-rated stocks. What is SL Green Realty's stock price forecast for 2023? 14 brokers have issued 12 month price objectives for SL Green Realty's shares. Their SLG share price forecasts range from $32.00 to $84.00. On average, they anticipate the company's share price to reach $47.93 in the next year. This suggests a possible upside of 14.6% from the stock's current price. View analysts price targets for SLG or view top-rated stocks among Wall Street analysts. How have SLG shares performed in 2023? SL Green Realty's stock was trading at $33.72 at the start of the year. Since then, SLG stock has increased by 24.1% and is now trading at $41.83. View the best growth stocks for 2023 here. When is SL Green Realty's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 19th 2023. View our SLG earnings forecast. How were SL Green Realty's earnings last quarter? SL Green Realty Corp. (NYSE:SLG) posted its earnings results on Wednesday, January, 25th. The real estate investment trust reported ($1.01) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.48 by $2.49. The real estate investment trust earned $197.29 million during the quarter, compared to analyst estimates of $194.74 million. SL Green Realty had a negative trailing twelve-month return on equity of 1.62% and a negative net margin of 9.44%. The company's revenue was up 31.4% compared to the same quarter last year. During the same period last year, the business earned $1.52 EPS. How often does SL Green Realty pay dividends? What is the dividend yield for SL Green Realty? SL Green Realty declared a monthly dividend on Thursday, January 19th. Stockholders of record on Tuesday, January 31st will be given a dividend of $0.271 per share on Wednesday, February 15th. This represents a $3.25 annualized dividend and a dividend yield of 7.77%. The ex-dividend date of this dividend is Monday, January 30th. Read our dividend analysis for SLG. Is SL Green Realty a good dividend stock? SL Green Realty (NYSE:SLG) pays an annual dividend of $3.25 per share and currently has a dividend yield of 7.39%. SLG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for SLG. When did SL Green Realty's stock split? SL Green Realty shares reverse split on 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 stock prior to the reverse split would have 97 shares after the split. What guidance has SL Green Realty issued on next quarter's earnings? SL Green Realty issued an update on its FY 2023 earnings guidance on Tuesday, December, 6th. The company provided EPS guidance of $5.30-$5.60 for the period. The company issued revenue guidance of -. What is Marc Holliday's approval rating as SL Green Realty's CEO? 20 employees have rated SL Green Realty Chief Executive Officer Marc Holliday on Glassdoor.com. Marc Holliday has an approval rating of 83% among the company's employees. 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." Who are SL Green Realty's major shareholders? SL Green Realty's stock is owned by a variety of retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (3.23%), DAVENPORT & Co LLC (2.21%), Peregrine Capital Management LLC (0.38%), Gilman Hill Asset Management LLC (0.26%), New York State Common Retirement Fund (0.17%) and Smith Graham & Co. Investment Advisors LP (0.15%). Insiders that own company stock include Andrew W Mathias, Betsy S Atkins, Craig M Hatkoff, Edwin T Burton III, John H Alschuler Jr, Marc Holliday and Stephen L Green. View institutional ownership trends. How do I buy shares of SL Green Realty? Shares of SLG stock 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 $41.83. How much money does SL Green Realty make? SL Green Realty (NYSE:SLG) has a market capitalization of $2.69 billion and generates $826.74 million in revenue each year. The real estate investment trust earns $-71,630,000.00 in net income (profit) each year or ($1.49) on an earnings per share basis. How many employees does SL Green Realty have? The company 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 the company is www.slgreen.com. The real estate investment trust can be reached via phone at (212) 594-2700, via email at investor.relations@slgreen.com, or via fax at 212-216-1790. This page (NYSE:SLG) was last updated on 2/5/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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. 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