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

$81.29
+0.85 (+1.06 %)
(As of 10/22/2019 02:21 AM ET)
Today's Range
$80.39
Now: $81.29
$81.31
50-Day Range
$78.63
MA: $80.91
$82.90
52-Week Range
$75.46
Now: $81.29
$97.59
Volume625,451 shs
Average Volume656,975 shs
Market Capitalization$6.70 billion
P/E Ratio12.28
Dividend Yield4.23%
Beta1.09
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$9.11 per share
Book Value$72.11 per share

Profitability

Net Income$258.65 million

Miscellaneous

Employees1,058
Market Cap$6.70 billion
Next Earnings Date1/22/2020 (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 -- dividend on Friday, September 20th. Stockholders of record on Monday, September 30th will be paid a dividend of $0.85 per share on Tuesday, October 15th. This represents a dividend yield of 4.2%. The ex-dividend date of this dividend 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 of Directors has authorized a stock repurchase program 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 programs are often an indication that the company's leadership believes its shares are undervalued.

How were SL Green Realty's earnings last quarter?

SL Green Realty Corp (NYSE:SLG) posted its quarterly earnings results on Wednesday, October, 16th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.73 by $1.33. The real estate investment trust earned $248.03 million during the quarter, compared to analysts' expectations of $243.02 million. SL Green Realty had a net margin of 15.37% and a return on equity of 3.18%. The company's revenue was down 1.1% on a year-over-year basis. During the same quarter 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, January 22nd 2020. View Earnings Estimates for SL Green Realty.

What price target have analysts set for SLG?

13 analysts have issued 12-month price objectives for SL Green Realty's shares. Their predictions range from $78.00 to $107.00. On average, they expect SL Green Realty's share price to reach $93.61 in the next year. This suggests a possible upside of 15.2% 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 trended somewhat negative this week, according to InfoTrie. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog 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 news sentiment score of -1.2 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely 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 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 volume of 784,100 shares, the days-to-cover ratio is currently 3.6 days. Approximately 3.4% of the company's shares are short sold. View SL Green Realty's Current Options Chain.

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), AT&T (T), Amgen (AMGN), PepsiCo (PEP) and Chevron (CVX).

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 many different of retail and institutional investors. Top institutional investors include PGGM Investments (1.31%), Strs Ohio (0.14%), Nisa Investment Advisors LLC (0.09%), State of Alaska Department of Revenue (0.08%), Envestnet Asset Management Inc. (0.05%) and Zurcher Kantonalbank Zurich Cantonalbank (0.05%). 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., Strs Ohio, Stephens Inc. AR, Zurcher Kantonalbank Zurich Cantonalbank , Oakbrook Investments LLC, 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 bought by a variety of institutional investors in the last quarter, including PGGM Investments, Envestnet Asset Management Inc., Lantz Financial LLC, State of Alaska Department of Revenue, First Citizens Bank & Trust Co., 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 $81.29.

How big of a company is SL Green Realty?

SL Green Realty has a market capitalization of $6.70 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:  473 (Vote Outperform)
Underperform Votes:  462 (Vote Underperform)
Total Votes:  935
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 10/22/2019 by MarketBeat.com Staff

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