SL Green Realty Corp. (SLG)
| Market Cap | 5.11B |
| Revenue (ttm) | 920.14M |
| Net Income (ttm) | -146.87M |
| Shares Out | 75.16M |
| EPS (ttm) | -2.67 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $3.00 (4.41%) |
| Ex-Dividend Date | Nov 29, 2024 |
| Volume | 1,081,262 |
| Open | 66.67 |
| Previous Close | 66.79 |
| Day's Range | 66.67 - 69.87 |
| 52-Week Range | 41.81 - 82.81 |
| Beta | 1.78 |
| Analysts | Hold |
| Price Target | 68.67 (+0.97%) |
| Earnings Date | Jan 22, 2025 |
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, 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 15 analysts, the average rating for SLG stock is "Hold." The 12-month stock price forecast is $68.67, which is an increase of 0.97% from the latest price.
News
SL Green Realty Corp. to Release Fourth Quarter 2024 Financial Results After Market Close on January 22, 2025
NEW YORK, Dec. 19, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that it will release its earnings for the fourth quarter of 2024 on ...
These Are the Best REITs to Own in 2025, KeyBanc Says
The typical U.S. REIT returned 9% this year, or 13% with dividends.
SL Green Inks 123,000 Square Foot Lease With the Travelers Insurance Company at 485 Lexington Avenue
NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that The Travelers Insurance Company has executed a 122,788 square f...
SL Green Announces Transactions at 100 Park Avenue
NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced a series of transactions at 100 Park Avenue, including a new 220,221...
SL Green Realty Corp. Announces Increase in Annual Ordinary Dividend to $3.09 per Share
NEW YORK, Dec. 06, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, announced today that its board of directors has established an annual ordinary divid...
SL Green Announces Anchor Commitment for SLG Opportunistic Debt Fund
NEW YORK, Dec. 05, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that a Canadian institutional investor has committed to anchor the S...
SL Green Completes Loan Modification at One Madison Avenue
NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, along with its joint venture partners, today announced that it closed on a modificat...
SL Green Common Stock Offering
Historically, common stock offerings often lead to a 50% price drop (or more) within 18 months, as noted by David Dreman in "Contrarian Investing". Kenneth Fischer's "Super Stocks" highlights that sto...
SL Green Realty Corp. Announces Pricing of 5,063,291 Shares of Common Stock
NEW YORK, Nov. 21, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (the “Company”) (NYSE: SLG) announced today that it priced an underwritten public offering of 5,063,291 shares of its common stock, pa...
SL Green Realty Corp. Announces Proposed Offering of Common Stock
NEW YORK, Nov. 21, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (the “Company”) (NYSE: SLG) announced today the commencement of an underwritten public offering of $400,000,000.00 of shares of its co...
SL Green and Mori Building Co., Ltd. Complete Investment in One Vanderbilt Avenue
Transaction Affirms Trophy Tower's Status as the Premier Office Property in NYC Transaction Affirms Trophy Tower's Status as the Premier Office Property in NYC
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
As of Oct. 31, 2024, two stocks in the real estate sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
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
Despite expectations of market volatility, indices remain stable and near all-time highs, driven by anticipated Fed rate cuts and potential AI efficiencies. The Dividend Harvesting Portfolio has shown...
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
Important Trends For REIT Investors
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...
