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 December 31, 2018, SL Green held interests in 101 Manhattan buildings totaling 46.0 million square feet. This included ownership interests in 27.8 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 7 suburban properties comprised of 15 suburban buildings totaling 2.3 million square feet in Brooklyn, Westchester County, and Connecticut.
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 Date4/17/2019 (Confirmed)
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 declared a quarterly dividend on Thursday, March 21st. Stockholders of record on Friday, March 29th will be paid a dividend of $0.85 per share on Monday, April 15th. This represents a $3.40 annualized dividend and a dividend yield of 3.81%. The ex-dividend date of this dividend is Thursday, March 28th. View SL Green Realty's Dividend History.
How will SL Green Realty's stock buyback program work?
SL Green Realty declared that its Board of Directors has authorized a stock buyback plan on Saturday, December 2nd 2017, which allows the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors believes its stock is undervalued.
How were SL Green Realty's earnings last quarter?
SL Green Realty Corp (NYSE:SLG) announced its earnings results on Wednesday, January, 23rd. The real estate investment trust reported ($0.73) EPS for the quarter, missing analysts' consensus estimates of $1.72 by $2.45. The real estate investment trust had revenue of $317.04 million for the quarter, compared to the consensus estimate of $255.12 million. SL Green Realty had a net margin of 20.15% and a return on equity of 3.82%. The firm's revenue was down 12.3% on a year-over-year basis. During the same period last year, the firm posted $1.60 earnings per share. View SL Green Realty's Earnings History.
When is SL Green Realty's next earnings date?
How can I listen to SL Green Realty's earnings call?
SL Green Realty will be holding an earnings conference call on Thursday, April 18th 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 brokerages have issued 12-month price objectives for SL Green Realty's shares. Their predictions range from $85.50 to $118.00. On average, they anticipate SL Green Realty's stock price to reach $100.5143 in the next year. This suggests a possible upside of 12.6% 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, 4 hold ratings and 8 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 articles about SLG stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. 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 -1.1 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near future.
Who are some of SL Green Realty's key competitors?
Some companies that are related to SL Green Realty include Welltower (WELL), AvalonBay Communities (AVB), Equity Residential (EQR), DIGITAL RLTY TR/SH (DLR), Ventas (VTR), SBA Communications (SBAC), Realty Income (O), Boston Properties (BXP), Weyerhaeuser (WY), Essex Property Trust (ESS), Alexandria Real Estate Equities (ARE), HCP (HCP), ANNALY CAP MGMT/SH (NLY), Host Hotels and Resorts (HST) and WP Carey (WPC).
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 number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.81%), Boston Partners (7.48%), FMR LLC (4.33%), Dimensional Fund Advisors LP (1.66%), Northern Trust Corp (1.59%) and Geode Capital Management LLC (1.58%). 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 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 FMR LLC, Principal Financial Group Inc., PGGM Investments, Standard Life Aberdeen plc, Lasalle Investment Management Securities LLC, Lord Abbett & CO. LLC, Securian Asset Management Inc and Aviva PLC. 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 purchased by a variety of institutional investors in the last quarter, including Norges Bank, Boston Partners, BlackRock Inc., MERIAN GLOBAL INVESTORS UK Ltd, Millennium Management LLC, WINTON GROUP Ltd, Bank of America Corp DE and Canada Pension Plan Investment Board. 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 $89.3040.
How big of a company is SL Green Realty?
SL Green Realty has a market capitalization of $7.53 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.
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.
