SL Green Realty Corp., an S&P 500 company and New York City'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 March 31, 2019, SL Green held interests in 96 Manhattan buildings totaling 46.4 million square feet.
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Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
Phone212-594-2700
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.23 billion
Profitability
Miscellaneous
Employees1,058
Next Earnings Date10/16/2019 (Estimated)
OptionableOptionable
SL Green Realty (NYSE:SLG) Frequently Asked Questions
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 often does SL Green Realty pay dividends? What is the dividend yield for SL Green Realty?
SL Green Realty announced a quarterly dividend on Thursday, June 13th. Stockholders of record on Friday, June 28th will be paid a dividend of $0.85 per share on Monday, July 15th. This represents a $3.40 annualized dividend and a dividend yield of 4.16%. The ex-dividend date of this dividend is Thursday, June 27th. View SL Green Realty's Dividend History.
How will SL Green Realty's stock buyback program work?
SL Green Realty announced that its Board of Directors has initiated a share buyback plan on Saturday, December 2nd 2017, which authorizes the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board of directors believes its shares are undervalued.
How were SL Green Realty's earnings last quarter?
SL Green Realty Corp (NYSE:SLG) posted its quarterly earnings data on Wednesday, July, 17th. The real estate investment trust reported $1.94 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.73 by $0.21. The real estate investment trust had revenue of $244.96 million for the quarter, compared to the consensus estimate of $241.61 million. SL Green Realty had a return on equity of 3.99% and a net margin of 19.88%. The company's revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.69 earnings per share. View SL Green Realty's Earnings History.
When is SL Green Realty's next earnings date?
What price target have analysts set for SLG?
13 brokers have issued twelve-month price targets for SL Green Realty's shares. Their predictions range from $78.00 to $110.00. On average, they expect SL Green Realty's share price to reach $93.7462 in the next year. This suggests a possible upside of 14.7% from the stock's current price. View Analyst Price Targets for SL Green Realty.
What is the consensus analysts' recommendation for SL Green Realty?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SL Green Realty in the last year. There are currently 2 sell ratings, 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for SL Green Realty.
Has SL Green Realty been receiving favorable news coverage?
News coverage about SLG stock has been trending negative on Thursday, InfoTrie reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of 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 -2.9 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for SL Green Realty.
Are investors shorting SL Green Realty?
SL Green Realty saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 2,914,200 shares, an increase of 6.2% from the July 31st total of 2,744,600 shares. Based on an average trading volume of 794,000 shares, the days-to-cover ratio is currently 3.7 days. Currently, 3.6% of the company's shares are sold short. View SL Green Realty's Current Options Chain.
Who are some of SL Green Realty's key competitors?
Some companies that are related to SL Green Realty include Ventas (VTR), DIGITAL RLTY TR/SH (DLR), Realty Income (O), Essex Property Trust (ESS), Weyerhaeuser (WY), Boston Properties (BXP), Alexandria Real Estate Equities (ARE), HCP (HCP), WP Carey (WPC), Extra Space Storage (EXR), Mid-America Apartment Communities (MAA), UDR (UDR), Sun Communities (SUI), ANNALY CAP MGMT/SH (NLY) and Host Hotels and Resorts (HST).
What other stocks do shareholders of SL Green Realty own?
Who are SL Green Realty's key executives?
SL Green Realty's management team includes the folowing people:
- Mr. Marc Holliday, Chairman & CEO (Age 53)
- Mr. Andrew W. Mathias, Pres & Director (Age 45)
- Mr. Matthew J. DiLiberto, Chief Financial Officer (Age 45)
- Mr. Andrew S. Levine, Chief Legal Officer, Exec. VP, Gen. Counsel & Sec. (Age 60)
- Mr. Edward V. Piccinich, Chief Operating Officer (Age 56)
Who are SL Green Realty's major shareholders?
SL Green Realty's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (16.76%), BlackRock Inc. (10.15%), BlackRock Inc. (10.15%), Price T Rowe Associates Inc. MD (7.80%), Boston Partners (6.14%) and Morgan Stanley (5.58%). Company insiders that own SL Green Realty stock include Andrew S Levine, Andrew W Mathias, Betsy S Atkins, Craig M Hatkoff, Edwin T Burton III, John S Levy, Marc Holliday and Matthew J Diliberto. View Institutional Ownership Trends for SL Green Realty.
Which institutional investors are selling SL Green Realty stock?
SLG stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, BlackRock Inc., BlackRock Inc., Morgan Stanley, Bank of America Corp DE, Canada Pension Plan Investment Board, Flinton Capital Management LLC and Panagora Asset Management Inc.. Company insiders that have sold SL Green Realty company stock in the last year include Betsy S Atkins, Craig M Hatkoff, Edwin T Burton III, Marc Holliday and Matthew J Diliberto. View Insider Buying and Selling for SL Green Realty.
Which institutional investors are buying SL Green Realty stock?
SLG stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Invesco Ltd., JPMorgan Chase & Co., Long Pond Capital LP, Renaissance Technologies LLC, Vision Capital Corp, Jefferies Group LLC and SG Americas Securities LLC. View Insider Buying and Selling for SL Green Realty.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is SL Green Realty's stock price today?
One share of SLG stock can currently be purchased for approximately $81.73.
How big of a company is SL Green Realty?
SL Green Realty has a market capitalization of $6.74 billion and generates $1.23 billion in revenue each year. The real estate investment trust earns $258.65 million in net income (profit) each year or $6.62 on an earnings per share basis. SL Green Realty employs 1,058 workers across the globe.View Additional Information About SL Green Realty.
What is SL Green Realty's official website?
How can I contact SL Green Realty?
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]
MarketBeat Community Rating for SL Green Realty (NYSE SLG)
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.
