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 Date1/22/2020 (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 -- dividend on Friday, September 20th. Investors of record on Monday, September 30th will be paid a dividend of $0.85 per share on Tuesday, October 15th. This represents a yield of 4.2%. The ex-dividend date is Friday, September 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 has authorized a stock repurchase plan on Saturday, December 2nd 2017, which allows the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company's management 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, October, 16th. The real estate investment trust reported $0.40 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.73 by $1.33. The real estate investment trust had revenue of $248.03 million for the quarter, compared to analysts' expectations of $243.02 million. SL Green Realty had a net margin of 19.88% and a return on equity of 3.99%. The firm's revenue was down 1.1% compared to the same quarter last year. During the same period last year, the firm earned $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 12-month target prices for SL Green Realty's stock. Their forecasts range from $78.00 to $107.00. On average, they anticipate SL Green Realty's share price to reach $92.59 in the next year. This suggests a possible upside of 14.4% 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, 5 hold ratings and 6 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?
Media coverage about SLG stock has been trending somewhat negative on Thursday, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. SL Green Realty earned a coverage optimism score of -1.7 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for SL Green Realty.
Are investors shorting SL Green Realty?
SL Green Realty saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 2,800,000 shares, an increase of 12.0% from the August 30th total of 2,500,000 shares. Based on an average daily trading volume, of 784,100 shares, the short-interest ratio is presently 3.6 days. Currently, 3.4% 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 Realty Income (O), Essex Property Trust (ESS), Weyerhaeuser (WY), Boston Properties (BXP), HCP (HCP), Alexandria Real Estate Equities (ARE), WP Carey (WPC), Mid-America Apartment Communities (MAA), Extra Space Storage (EXR), UDR (UDR), Sun Communities (SUI), ANNALY CAP MGMT/SH (NLY), Equity Lifestyle Properties (ELS), Gecina (GECFF) and Duke Realty (DRE).
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 shareholders include PGGM Investments (1.31%), Nisa Investment Advisors LLC (0.09%), State of Alaska Department of Revenue (0.08%), Envestnet Asset Management Inc. (0.05%), Robeco Institutional Asset Management B.V. (0.02%) and Pacer Advisors Inc. (0.01%). 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 major investors are selling SL Green Realty stock?
SLG stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Meeder Asset Management Inc. and Crossmark Global Holdings 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 major investors are buying SL Green Realty stock?
SLG stock was acquired by a variety of institutional investors in the last quarter, including PGGM Investments, Envestnet Asset Management Inc., State of Alaska Department of Revenue, Nisa Investment Advisors LLC and Pacer Advisors Inc.. 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 $80.97.
How big of a company is SL Green Realty?
SL Green Realty has a market capitalization of $6.67 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.
