SL Green Realty Corp. (SLG)
Market Cap | 3.21B |
Revenue (ttm) | 913.71M |
Net Income (ttm) | -579.51M |
Shares Out | 64.80M |
EPS (ttm) | -9.12 |
PE Ratio | n/a |
Forward PE | 9.56 |
Dividend | $3.15 (6.34%) |
Ex-Dividend Date | Apr 29, 2024 |
Volume | 1,564,304 |
Open | 48.23 |
Previous Close | 48.52 |
Day's Range | 48.14 - 49.97 |
52-Week Range | 20.51 - 55.75 |
Beta | 1.70 |
Analysts | Hold |
Price Target | 41.46 (-16.38%) |
Earnings Date | Apr 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]
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 StatementsAnalyst Forecast
According to 13 analysts, the average rating for SLG stock is "Hold." The 12-month stock price forecast is $41.46, which is a decrease of -16.38% from the latest price.
News
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...
SL Green Realty Corp. Announces Common Stock Dividend
NEW YORK, April 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...
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...
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...
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...
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...
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.
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...
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 ...
SL Green Realty Corp. Announces Common Stock and Preferred Stock Dividends
NEW YORK, March 15, 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...
Final Trades: SL Green, Palantir and Dexcom
The Investment Committee share their Final Trades.
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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...
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...
SL Green Realty Corp. to Release Fourth Quarter 2023 Financial Results After Market Close on January 24, 2024
NEW YORK, Jan. 04, 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 2023 on ...
Banks may continue to pull back from commercial real estate in 2024, says Northwind's Ran Eliasaf
Ran Eliasaf, Northwind Group founder and managing partner, joins 'The Exchange' to discuss the state of commercial real estate, the industry's outlook for 2024, and more.
REITs are cheap: 3 SWAN stocks I'm buying: SLG, VNO, SPG
Real Estate Investment Trusts (REITs) have been unloved, unwanted, and forgotten in 2023 amid a prolonged period of high-interest rates. Office property values in key American cities have dropped whil...
SL Green and Vornado Announce 270,000-Square-Foot Lease with a Premier Financial Services Tenant at 280 Park Avenue
NEW YORK, Dec. 04, 2023 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), and Vornado Realty Trust (NYSE: VNO) today announced that they have signed a 15-year renewal and expansion lease with a p...
SL Green Signs 77,000 Square Foot Lease with Stonepeak Partners at 245 Park Avenue
NEW YORK, Dec. 04, 2023 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that Stonepeak Partners, L.P., a leading international alternative i...
SL Green Realty Corp. Announces Annual Ordinary Dividend of $3.00 Per Share
NEW YORK, Dec. 04, 2023 (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 boosts portfolio with key deals at Park Ave. office towers
SL Green CEO Marc Holliday should have plenty to crow about on the leasing front at Monday's third-quarter investors conference call. In a just-signed, 270,000 square-foot mega-deal, sources told us, ...
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SL Green Announces Appointment of Garrett Armwood as Vice President of Government Affairs
Former Deputy State Director to Senate Majority Leader Schumer will Help Company Continue to Support New York's Recovery and Growth Former Deputy State Director to Senate Majority Leader Schumer will ...
SL Green Realty Corp. Reports Third Quarter 2023 EPS of ($0.38) Per Share; and FFO of $1.27 Per Share
Financial and Operating Highlights Net loss attributable to common stockholders of $0.38 per share for the third quarter of 2023 as compared to net income of $0.11 per share for the same period in 202...
SL Green Announces Departure of President Andrew Mathias
A 25-year Tenure in Helping Make SL Green NYC's Largest Office Landlord; Will Remain as Director and in Advisory Role A 25-year Tenure in Helping Make SL Green NYC's Largest Office Landlord; Will Rema...