SL Green Realty Corp. (SLG)
Market Cap | 5.10B |
Revenue (ttm) | 920.14M |
Net Income (ttm) | -146.87M |
Shares Out | 65.62M |
EPS (ttm) | -2.67 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | $3.00 (3.86%) |
Ex-Dividend Date | Oct 31, 2024 |
Volume | 261,640 |
Open | 76.94 |
Previous Close | 77.60 |
Day's Range | 76.69 - 78.38 |
52-Week Range | 32.78 - 82.81 |
Beta | 1.80 |
Analysts | Hold |
Price Target | 65.21 (-16.11%) |
Earnings Date | Oct 16, 2024 |
About SLG
SL Green Realty Corp., Manhattan'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 June 30, 2024, SL Green held interests in 55 buildings totaling 31.8 million square feet. This included ownership interests in 28.1 million square feet of Manhattan buildings and 2.8 million square feet securing debt and preferred equity investments. [Read more]
Financial Performance
In 2023, SL Green Realty's revenue was $837.20 million, a decrease of -2.82% compared to the previous year's $861.50 million. Losses were -$568.38 million, 496.8% more than in 2022.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for SLG stock is "Hold." The 12-month stock price forecast is $65.21, which is a decrease of -16.11% from the latest price.
News
SL Green Extends Loan on 1515 Broadway
NEW YORK, Nov. 20, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that it has closed on a modification and extension of the $742.8 mil...
SL Green Realty Corp. Announces Common Stock Dividend
NEW YORK, Nov. 18, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, today announced that its board of directors has declared a monthly ordinary dividend ...
Top 2 Real Estate Stocks You May Want To Dump This Quarter
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SL Green Inks 72,500 Square-Foot Lease With Verition Group at 245 Park Avenue
NEW YORK, Oct. 28, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that it has signed a 72,515 square foot, 10-year lease with leading ...
SL Green Preferreds: Warranted Improvement In Sentiment, But Low Risk Premium
Manhattan is doing better now, with a bottom found in the market for leases. Redeveloping obsolete properties, potentially converting some to residential, could significantly improve income in our ros...
Dividend Harvesting Portfolio Week 190: $19,000 Allocated, $1,792.47 In Projected Dividends
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SL Green: Break Time As Part Of A Fantastic Year
SL Green is on track to lease over 3 million sq ft. Occupancy is expected to climb to 92.5% by the end of the fiscal year. The stock has more growth potential due to successful building modernizations...
SL Green Realty Corp. (SLG) Q3 2024 Earnings Call Transcript
SL Green Realty Corp. (NYSE:SLG) Q3 2024 Earnings Conference Call October 17, 2024 2:00 PM ET Company Participants Marc Holliday - Chairman and Chief Executive Officer Matthew DiLiberto - Chief Finan...
SL Green: Solid Q3 Results Reduce Melting Ice Cube Fears (Rating Upgrade)
SL Green Realty's Q3 results were solid with strong leasing activity and cost control, but the stock's valuation now reflects these improvements. Despite initial fears, office occupancy has been bette...
SL Green Realty Corp. Reports Third Quarter 2024 EPS of ($0.21) Per Share; and FFO of $1.13 Per Share
Financial and Operating Highlights Net loss attributable to common stockholders of $0.21 per share for the third quarter of 2024 as compared to net loss of $0.38 per share for the same period in 2023 ...
SL Green Signs 925,000 Square Foot Renewal and Expansion Lease With Bloomberg, L.P. at 919 Third Avenue
Company Expects Office Leasing to Exceed 3.3 Million Square Feet in 2024 Company Expects Office Leasing to Exceed 3.3 Million Square Feet in 2024
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REIT investors must pay close attention to real estate trends. The office sector remains a mess and likely will for a long time to come. Multifamily is suffering temporarily, but 2025 could be a lot b...
SL Green: Upside Now Relies On Sustained Execution (Rating Downgrade)
SLG has reach my estimated intrinsic value of between $70-$80 a share. Having returned to a normal valuation, the company needs a concrete plan to reverse years-long revenue and FFO declines. I can se...
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SL Green Realty Corp. Announces Common Stock and Preferred Stock Dividends
NEW YORK, Sept. 19, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, today announced that its board of directors has declared a monthly ordinary dividend...
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SL Green Realty Corp. to Release Third Quarter 2024 Financial Results After Market Close on October 16, 2024
NEW YORK, Sept. 09, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that it will release its earnings for the third quarter of 2024 on ...
SL Green Realty Corp. to Present at the BofA Securities 2024 Global Real Estate Conference on September 11, 2024
NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), New York City's largest office landlord, today announced that Matt DiLiberto, Chief Financial Officer, Harrison Sitomer, ...
Trade Tracker: Jenny Harrington sells SL Green
Jenny Harrington, CEO Gilman Hill Asset Management, joins CNBC's "Halftime Report" to explain why she sold SL Green.
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SL Green Extends Mortgage on 220 East 42nd Street
NEW YORK, July 30, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that, together with its joint venture partner, it has closed on a mo...
Boom Times At SL Green
SL Green's office business is booming while the rest of the industry struggles. Second quarter accomplishments include leasing over 66,000 retail square feet and announcing sales totaling $691 million...
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