SL Green Realty Corp. (SLG)
Market Cap | 2.69B |
Revenue (ttm) | 796.45M |
Net Income (ttm) | -80.02M |
Shares Out | 64.32M |
EPS (ttm) | -1.24 |
PE Ratio | n/a |
Forward PE | 9.56 |
Dividend | $3.69 (8.82%) |
Ex-Dividend Date | Dec 29, 2022 |
Volume | 1,333,497 |
Open | 43.08 |
Previous Close | 43.97 |
Day's Range | 41.70 - 43.42 |
52-Week Range | 32.15 - 83.96 |
Beta | 1.42 |
Analysts | Hold |
Price Target | 41.82 (-0.02%) |
Earnings Date | Jan 26, 2023 |
About SLG
SL Green Realty Corp., an S&P 500 company and 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 December 31, 2020, SL Green held interests in 88 buildings totaling 38.2 million square feet. This included ownership interests in 28.6 million square feet of Manhattan buildings and 8.7 million square feet securing debt and preferred equity investments. [Read more]
Financial Performance
In 2021, SLG's revenue was $843.99 million, a decrease of -19.83% compared to the previous year's $1.05 billion. Earnings were $434.80 million, an increase of 22.10%.
Financial StatementsAnalyst Forecast
According to 25 analysts, the average rating for SLG stock is "Hold." The 12-month stock price forecast is $41.82, which is a decrease of -0.02% from the latest price.
News

SL Green (SLG) Starts 2023 With Leases Covering 343K Sq. Ft
Despite a choppy environment in the office real estate market, the latest signings reflect the decent demand for SL Green's (SLG) high-quality properties.

SL Green's (SLG) Q4 FFO and Revenues Fall Shy of Estimates
SL Green's (SLG) Q4 earnings miss estimates on lower-than-anticipated revenues and a fall in occupancy. However, same-store cash net operating income improves year over year.

SL Green (SLG) Misses Q4 FFO Estimates
SL Green (SLG) delivered FFO and revenue surprises of -1.35% and 29.94%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

SL Green Signs Leases Totaling 343,000 Square Feet to Kick Off 2023
Full Floor Penthouse Leased at One Madison Avenue

SL Green Realty Corp. Reports Fourth Quarter 2022 EPS of ($1.01) per Share; and FFO of $1.46 per Share
Financial and Operating Highlights

SL Green Realty Corp. Announces Common Stock Dividend
NEW YORK, Jan. 19, 2023 (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 ...
Cramer goes over two industries whose stocks have been hammered by the Covid pandemic
Cramer gave his take on which industries have seen their stocks get hammered, with little sign of recovery, after the U.S. reopened its economy for the first time since the onset of the Covid pandemic...
Final Trades: Abbott Labs, SL Green, Zoetis & more
The "Halftime Report" traders give their top picks to watch for the second half.

Is it Wise to Retain SL Green (SLG) Stock in Your Portfolio?
Improving office real-estate market, capital-recycling moves and a robust balance sheet bode well for SL Green's (SLG) growth. However, stiff competition and rising interest rates are worrisome.

SL Green Realty Corp. to Release Fourth Quarter 2022 Financial Results After Market Close on January 25, 2023
Conference Call to Be Held on January 26, 2023 at 2:00pm ET Conference Call to Be Held on January 26, 2023 at 2:00pm ET
Office space REITs concentrated in major markets will see big losses, says Don Peebles
Don Peebles, The Peebles Corp. chairman and CEO, joins 'The Exchange' to discuss what investors should be watching out for in office REITs.

SL Green Celebrates the Topping Out of One Madison Avenue in Midtown South
One Madison Avenue, the 27 story, 1.4-million-square-foot office building located adjacent to Madison Square park, will feature unprecedented retail, wellness and hospitality-focused amenities complet...

SL Green (SLG) Cuts Annual Dividend Rate to Meet 2023 Targets
SL Green (SLG) cuts its annual ordinary dividend payment by 12.9% to $3.25 per share to match its estimation of funds available for distribution for 2023. It also issues 2023 FFO per share guidance.

SL Green (SLG) Unveils Culinary Offerings at One Madison Avenue
SL Green (SLG) introduces a European petit marche, two new French culinary destinations and a Parisian grand cafe at One Madison Avenue in association with Michelin-starred Chef Daniel Boulud.

SL Green Realty Corp. Announces Ordinary Dividend
Annual Ordinary Dividend Reduced to $3.25 Per Share Annual Ordinary Dividend Reduced to $3.25 Per Share

SL Green and Chef Daniel Boulud Announce New Culinary Destinations at One Madison Avenue
Boulud to introduce European petit marché and upscale French steakhouse on ground floor of new Midtown South tower, operate tenant lounge and rooftop event space as part of unprecedented amenity packa...

Roc Nation Joins SL Green and Caesars Entertainment as Partner in Times Square Gaming Bid to Revitalize The World's Top Tourism Destination
Caesars Palace Times Square will generate 7 million new visits to Times Square, bring New Yorkers and tourists back and drive billions in economic benefit to Broadway and local businesses Caesars Pala...

20 dividend stocks with high yields that have become more attractive right now
Income-seeking investors are looking at an opportunity to scoop up shares of real estate investment trusts. Stocks in that asset class have become more attractive as prices have fallen and cash flow i...

This Stock Has A 9.83% Yield And Sells For Less Than Book
SL Green Realty has been named as a Top 10 Real Estate Investment Trust (REIT), according to Dividend Channel, which published its most recent ''DividendRank'' report.

Watch These 4 Stocks That Recently Announced Dividend Hikes
Prosperity Bancshares, Inc. (PB), Brown & Brown, Inc. (BRO), SL Green Realty Corp. (SLG) and S&T Bancorp, Inc. (STBA) recently hiked dividends.

SL Green and Caesars push NYC Times Square casino
SL Green Realty Corp. and Caesars Entertainment said Thursday they are pursuing a gaming license for a casino in New York City's iconic Times Square.

Caesars and developer SL Green pitch Times Square casino plan
Caesars Entertainment and developer SL Green have announced a joint bid for a casino located in New York's Times Square.

SL Green (SLG) Surpasses FFO & Revenues Estimates in Q3
SL Green (SLG) reports better-than-anticipated third-quarter 2022 results and witnesses decent leasing activity. However, same-store cash NOI takes a dip year over year.

SL Green and Caesars Entertainment Announce Pursuit of New York Gaming License for World-Famous Times Square
Partnership will make significant investments in security, traffic, and mass transit improvements, accelerate economic recovery for surrounding businesses and create good-paying union jobs for New Yor...

SL Green and Caesars Entertainment Announce Pursuit of New York Gaming License for World-Famous Times Square
Partnership will make significant investments in security, traffic, and mass transit improvements, accelerate economic recovery for surrounding businesses and create good-paying union jobs for New Yor...