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

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$87.97 -1.27 (-1.42 %)
(As of 01/22/2019 01:32 PM ET)
Previous Close$89.24
Today's Range$87.84 - $89.58
52-Week Range$76.77 - $106.54
Volume14,231 shs
Average Volume624,281 shs
Market Capitalization$7.54 billion
P/E Ratio13.63
Dividend Yield3.81%
Beta1.2
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 September 30, 2018, SL Green held interests in 106 Manhattan buildings totaling 46.4 million square feet. This included ownership interests in 28.2 million square feet of Manhattan buildings and 18.2 million square feet of buildings securing debt and preferred equity investments. In addition, SL Green held ownership interests in 15 suburban buildings totaling 2.3 million square feet in Brooklyn, Westchester County, and Connecticut.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
CUSIP78440X10
Phone212-594-2700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.51 billion
Cash Flow$5.5362 per share
Book Value$73.59 per share

Profitability

Net Income$112.77 million

Miscellaneous

Employees1,065
Market Cap$7.54 billion
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 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.

How will SL Green Realty's stock buyback program work?

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.

How were SL Green Realty's earnings last quarter?

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.

When is SL Green Realty's next earnings date?

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

What price target have analysts set for SLG?

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.

What is the consensus analysts' recommendation 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.

Has SL Green Realty been receiving favorable news coverage?

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.

Who are some of SL Green Realty's key competitors?

Who are SL Green Realty's key executives?

SL Green Realty's management team includes the folowing people:
  • Mr. Marc Holliday, CEO & Director (Age 52)
  • Mr. Andrew W. Mathias, Pres & Director (Age 44)
  • Mr. Matthew J. DiLiberto, Chief Financial Officer (Age 44)
  • Mr. Andrew S. Levine, Chief Legal Officer, Exec. VP, Gen. Counsel & Sec. (Age 59)
  • Mr. Edward V. Piccinich, Chief Operating Officer (Age 55)

Who are SL Green Realty's major shareholders?

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.

Which institutional investors are selling SL Green Realty stock?

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.

Which institutional investors are buying SL Green Realty stock?

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.

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, Scottrade, Fidelity and Charles Schwab.

What is SL Green Realty's stock price today?

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

How big of a company is SL Green Realty?

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.

What is SL Green Realty's official website?

The official website for SL Green Realty is http://www.slgreen.com.

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)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  435 (Vote Outperform)
Underperform Votes:  418 (Vote Underperform)
Total Votes:  853
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.
This page was last updated on 1/22/2019 by MarketBeat.com Staff

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