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

$79.18
+0.02 (+0.03 %)
(As of 08/20/2019 08:21 AM ET)
Today's Range
$79.01
Now: $79.18
$79.72
50-Day Range
$76.57
MA: $80.30
$84.19
52-Week Range
$75.46
Now: $79.18
$106.54
Volume418,200 shs
Average Volume754,052 shs
Market Capitalization$6.53 billion
P/E Ratio11.96
Dividend Yield4.30%
Beta1.1
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. Read More…

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$1.23 billion
Cash Flow$9.0803 per share
Book Value$72.37 per share

Profitability

Net Income$258.65 million

Miscellaneous

Employees1,058
Market Cap$6.53 billion
Next Earnings Date10/16/2019 (Estimated)
OptionableOptionable

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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, June 13th. Investors 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 dividend on an annualized basis and a dividend yield of 4.29%. 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 declared that its board has authorized a share buyback program on Saturday, December 2nd 2017, which authorizes the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's board believes its shares are undervalued.

How were SL Green Realty's earnings last quarter?

SL Green Realty Corp (NYSE:SLG) announced its quarterly earnings data on Wednesday, July, 17th. The real estate investment trust reported $1.94 earnings per share for the quarter, beating the consensus estimate of $1.73 by $0.21. The real estate investment trust earned $244.96 million during the quarter, compared to analyst estimates of $241.61 million. SL Green Realty had a return on equity of 3.99% and a net margin of 19.88%. The business's quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.69 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, October 16th 2019. View Earnings Estimates for SL Green Realty.

What price target have analysts set for SLG?

12 brokerages have issued 1 year price objectives for SL Green Realty's shares. Their predictions range from $84.00 to $110.00. On average, they expect SL Green Realty's stock price to reach $94.7250 in the next twelve months. This suggests a possible upside of 19.6% from the stock's current price. View Analyst Price Targets for SL Green Realty.

What is the consensus analysts' recommendation for SL Green Realty?

12 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 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 headlines about SLG stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. SL Green Realty earned a news impact score of 0.8 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for SL Green Realty.

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

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 Welltower (WELL), Starbucks (SBUX), Ford Motor (F), Exxon Mobil (XOM), Netflix (NFLX), Bristol-Myers Squibb (BMY), PepsiCo (PEP), Freeport-McMoRan (FCX), Home Depot (HD) and Johnson & Johnson (JNJ).

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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (16.76%), BlackRock Inc. (10.15%), Price T Rowe Associates Inc. MD (7.80%), Morgan Stanley (5.58%), Invesco Ltd. (3.22%) and Nuveen Asset Management LLC (1.93%). 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 BlackRock Inc., Morgan Stanley, Bank of America Corp DE, Canada Pension Plan Investment Board, Flinton Capital Management LLC, Panagora Asset Management Inc., Riverhead Capital Management LLC and Tyers Asset Management LLC. 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, 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 bought 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, 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 $79.18.

How big of a company is SL Green Realty?

SL Green Realty has a market capitalization of $6.53 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.View Additional Information About SL Green Realty.

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:  459 (Vote Outperform)
Underperform Votes:  457 (Vote Underperform)
Total Votes:  916
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 8/20/2019 by MarketBeat.com Staff

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