SL Green Realty Corp. (SLG)

NYSE: SLG · IEX Real-Time Price · USD
49.58
+1.06 (2.18%)
At close: Apr 19, 2024, 4:00 PM
49.88
+0.30 (0.61%)
After-hours: Apr 19, 2024, 7:02 PM EDT
2.18%
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]

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 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.

Price Target
$41.46
(-16.38% downside)
Analyst Consensus: Hold
Stock Forecasts

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...

1 day ago - CNBC Television

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...

1 day ago - GlobeNewsWire

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...

2 days 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...

2 days 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 days 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 days 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 days 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...

11 days 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 weeks ago - GlobeNewsWire

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...

5 weeks ago - GlobeNewsWire

Final Trades: SL Green, Palantir and Dexcom

The Investment Committee share their Final Trades.

Other symbols: DXCMPLTR
6 weeks 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
2 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...

2 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...

3 months ago - GlobeNewsWire

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 ...

3 months ago - GlobeNewsWire

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.

Other symbols: BXPESRTVNO
4 months ago - CNBC Television

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...

Other symbols: SPGVNO
4 months ago - Invezz

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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, ...

4 months ago - New York Post

Lock In 9%+ REIT Yields Before They Disappear

Ready for some “next level” dividend thinking? We have a potential opportunity right now to buy five payers yielding up to 14.9% as the economy heads into recession.

Other symbols: BDNGMREHROUT
5 months ago - Forbes

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 ...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire