SL Green Realty Corp. (SLG)

NYSE: SLG · IEX Real-Time Price · USD
60.77
-0.03 (-0.05%)
At close: Jul 19, 2024, 4:00 PM
60.67
-0.10 (-0.16%)
After-hours: Jul 20, 2024, 12:58 PM EDT
-0.05%
Market Cap 3.94B
Revenue (ttm) 878.02M
Net Income (ttm) -526.64M
Shares Out 64.81M
EPS (ttm) -8.30
PE Ratio n/a
Forward PE 9.56
Dividend $3.00 (4.94%)
Ex-Dividend Date Jun 28, 2024
Volume 739,576
Open 60.45
Previous Close 60.80
Day's Range 60.02 - 62.20
52-Week Range 28.55 - 66.54
Beta 1.81
Analysts Sell
Price Target 44.29 (-27.12%)
Earnings Date Jul 17, 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 September 30, 2023, SL Green held interests in 59 buildings totaling 32.5 million square feet. This included ownership interests in 28.8 million square feet of Manhattan buildings and 2.8 million square feet securing debt and preferred equity investments. [Read more]

Industry REIT - Office
Sector Real Estate
IPO Date Aug 15, 1997
Employees 1,188
Stock Exchange NYSE
Ticker Symbol SLG
Full Company Profile

Financial Performance

In 2023, SLG's revenue was $913.71 million, a decrease of -0.62% compared to the previous year's $919.45 million. Losses were -$579.51 million, 523.0% more than in 2022.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for SLG stock is "Sell." The 12-month stock price forecast is $44.29, which is a decrease of -27.12% from the latest price.

Price Target
$44.29
(-27.12% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Four Stocks Set to Soar After the Latest Inflation Numbers

This week I want to take a comprehensive look at the current market landscape and some exciting investment opportunities, particularly in real estate and banking sectors.

Other symbols: AGNCMTBANLYVNO
3 days ago - Benzinga

SL Green Realty Corp. Reports Second Quarter 2024 EPS of ($0.04) Per Share; and FFO of $2.05 Per Share

Financial and Operating Highlights Net loss attributable to common stockholders of $0.04 per share for the second quarter of 2024 as compared to net loss of $5.63 per share for the same period in 2023...

4 days ago - GlobeNewsWire

SL Green Announces Sale Closings Totaling $691 Million

NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that it has closed on the sale of three properties totaling $691.4 m...

4 days ago - GlobeNewsWire

SL Green Signs Retail Leases Totaling More Than 66,000 Square Feet

NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that it has signed retail leases totaling 66,014 square feet since t...

4 days ago - GlobeNewsWire

SL Green Office Leasing Volume Exceeds 1.4 Million Square Feet in 2024

NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, today announced that it signed leases totaling 420,513 square feet during the second ...

4 days ago - GlobeNewsWire

Calls of the Day: Netflix, Devon Energy, American Express and SL Green

The Investment Committee discuss the latest Calls of the Day.

Other symbols: AXPDVNNFLX
12 days ago - CNBC Television

SL Green Realty Corp. to Release Second Quarter 2024 Financial Results After Market Close on July 17, 2024

NEW YORK, June 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that it will release its earnings for the second quarter of 2024 on ...

4 weeks ago - GlobeNewsWire

SL Green Realty Corp. Announces Common Stock and Preferred Stock Dividends

NEW YORK, June 17, 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 ...

4 weeks ago - GlobeNewsWire

SL Green to start deploying $1 billion arsenal for New York real estate this year

Landlord giant SL Green Realty Corp. expects to raise more than its initial $1 billion target for a new war chest aimed at distressed New York commercial real estate, and plans to begin deploying it t...

6 weeks ago - Market Watch

SL Green Realty Corp. to Participate in Nareit's 2024 REITweek

NEW YORK, May 21, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that Harrison Sitomer, Chief Investment Officer, Matt DiLiberto, Chie...

2 months ago - GlobeNewsWire

New York City trophy buildings top list of new debt placed on downgrade watch

A handful of New York City's trophy office buildings were placed on a list for potential debt downgrades Tuesday by bond-rating firm KBRA, as higher borrowing costs, falling property prices and painfu...

2 months ago - Market Watch

SL Green Realty Corp. Announces Common Stock Dividend

NEW YORK, May 20, 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 o...

2 months ago - GlobeNewsWire

Final Trades: Goldman Sachs, SL Green and Taiwan Semi

The Investment Committee gives you their top stocks to watch for the second half.

Other symbols: TSMGS
3 months ago - CNBC Television

People are back in the office in a big way, says SL Green Realty CEO Marc Holliday

SL Green Realty chairman and CEO Marc Holliday joins 'Squawk Box' to discuss the state of the commercial real estate market, impact of employees returning to office, office space demand, impact of ele...

3 months ago - CNBC Television

SL Green Realty Corp. Reports First Quarter 2024 EPS of $0.20 Per Share; and FFO of $3.07 Per Share

Financial and Operating Highlights Net income attributable to common stockholders of $0.20 per share for the first quarter of 2024 as compared to net loss of $0.63 per share for the same period in 202...

3 months ago - GlobeNewsWire

SL Green Completes $2.1 Billion of Debt Refinancings

Contracts to Sell 719 Seventh Avenue and Palisades Premier Conference Center And Acquire Joint Venture Interest in 10 E 53rd Street Contracts to Sell 719 Seventh Avenue and Palisades Premier Conferenc...

3 months ago - GlobeNewsWire

SL Green and Vornado Announce 280 Park Avenue Mezzanine Loan Repayment

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG) and Vornado Realty Trust (NYSE: VNO) modified and extended the $125.0 million mezzanine loan on 280 Park Avenue and subse...

3 months ago - GlobeNewsWire

SL Green and Vornado Announce 280 Park Avenue Mortgage Loan Refinancing

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG) and Vornado Realty Trust (NYSE: VNO) closed on a modification and extension of the $1.075 billion securitized mortgage on...

3 months ago - GlobeNewsWire

Big Tech layoffs aren't helping commercial real estate demand, says Evercore's Steve Sakwa

Steve Sakwa, senior equity research analyst at Evercore ISI, on what's next for commercial real estate, the impact of increasing return-to-office mandates, and more.

Other symbols: BXPESRTKRCVNO
3 months ago - CNBC Television

SL Green Signs Leases Totaling 104,000 Square Feet at One Madison Avenue

Unveils Le Jardin sur Madison and La Tête d'Or by Daniel Designed by Renowned Architect David Rockwell Unveils Le Jardin sur Madison and La Tête d'Or by Daniel Designed by Renowned Architect David Roc...

3 months ago - GlobeNewsWire

SL Green Realty Corp. to Release First Quarter 2024 Financial Results After Market Close on April 17, 2024

NEW YORK, March 18, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that it will release its earnings for the first quarter of 2024 on ...

4 months ago - GlobeNewsWire

Final Trades: SL Green, Palantir and Dexcom

The Investment Committee share their Final Trades.

Other symbols: DXCMPLTR
4 months ago - CNBC Television

5 Heavily Shorted Dividend Stocks Yielding Up To 21%

These unloved stocks yield between 6.9% and 21.4%. These are big dividends, but not the main reason we are discussing this ignored five today.

Other symbols: CBRLCVIKSSRILY
5 months ago - Forbes

SL Green Realty Corp. Announces Date of 2024 Annual Meeting of Stockholders

NEW YORK, Feb. 09, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG) (the “Company”), Manhattan's largest office landlord, today announced that the Company will hold its 2024 Annual Meeting of...

5 months ago - GlobeNewsWire

SL Green Realty Corp. Reports Fourth Quarter 2023 EPS of ($2.45) per Share; and FFO of $0.72 per Share After Non-Recurring Charges

Financial and Operating Highlights Net loss attributable to common stockholders of $2.45 per share for the fourth quarter of 2023 as compared to net loss of $1.01 per share for the same period in 2022...

6 months ago - GlobeNewsWire