SL Green Realty Corp. (SLG)

NYSE: SLG · Real-Time Price · USD
63.74
-0.71 (-1.10%)
Feb 12, 2025, 4:00 PM EST - Market closed
-1.10%
Market Cap 4.82B
Revenue (ttm) 706.58M
Net Income (ttm) 7.06M
Shares Out 75.57M
EPS (ttm) 0.08
PE Ratio 796.75
Forward PE n/a
Dividend $3.02 (4.73%)
Ex-Dividend Date Jan 31, 2025
Volume 861,662
Open 62.92
Previous Close 64.45
Day's Range 62.64 - 64.15
52-Week Range 42.91 - 82.81
Beta 1.80
Analysts Hold
Price Target 71.07 (+11.5%)
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 December 31, 2024, SL Green held interests in 54 buildings totaling 30.6 million square feet. This included ownership interests in 27.0 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

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for SLG stock is "Hold." The 12-month stock price forecast is $71.07, which is an increase of 11.50% from the latest price.

Price Target
$71.07
(11.50% upside)
Analyst Consensus: Hold
Stock Forecasts

News

New York City office demand is finally back to normal

Demand for New York City office space has finally returned to pre-pandemic levels. During the fourth quarter, office demand in the city jumped 25% from the year before, according to VTS

12 days ago - CNBC

SL Green Realty Corp. (SLG) Q4 2024 Earnings Call Transcript

SL Green Realty Corp. (NYSE:SLG) Q4 2024 Earnings Conference Call January 23, 2024 2:00 PM ET Company Participants Marc Holliday - Chairman and CEO Matthew DiLiberto - CFO Steve Durels - EVP, Directo...

20 days ago - Seeking Alpha

SL Green Realty Corp. Reports Fourth Quarter 2024 EPS of $0.13 per Share; and FFO of $1.81 per Share

Financial and Operating Highlights Net income attributable to common stockholders of $0.13 per share for the fourth quarter of 2024 as compared to net loss of $2.45 per share for the same period in 20...

21 days ago - GlobeNewsWire

SL Green Signs 93,000-Square-Foot Expansion Lease With IBM at One Madison Avenue

NEW YORK, Jan. 22, 2025 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that it has signed a 92,663-square-foot expansion lease with IBM at ...

21 days ago - GlobeNewsWire

SL Green Realty Corp. Announces Date of 2025 Annual Meeting of Stockholders

NEW YORK, Jan. 21, 2025 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG) (the “Company”), Manhattan's largest office landlord, today announced that the Company will hold its 2025 Annual Meeting of...

22 days ago - GlobeNewsWire

SL Green Realty Corp. Announces Common Stock Dividend

NEW YORK, Jan. 21, 2025 (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 ...

22 days ago - GlobeNewsWire

SL Green: 2025 Plans

SL Green's stock price has roughly doubled this fiscal year. Management repeatedly increased in Funds Flow From Operations during the fiscal year. The annual investor day highlighted SL Green's growth...

5 weeks ago - Seeking Alpha

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 ...

7 weeks ago - GlobeNewsWire

These Are the Best REITs to Own in 2025, KeyBanc Says

The typical U.S. REIT returned 9% this year, or 13% with dividends.

Other symbols: AHR
2 months ago - Barrons

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - Seeking Alpha

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

The Dark Side Of REIT Investments

Not everything is perfect in REIT world. On the contrary, this is a sector in which you need to be very selective. Here are 5 types of REITs to avoid at all cost:

Other symbols: ADCBXBXPGNLGOODKREFVNQ
3 months ago - Seeking Alpha

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.

Other symbols: DLR
3 months ago - Benzinga

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 ...

3 months ago - GlobeNewsWire

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...

3 months ago - Seeking Alpha

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...

Other symbols: ARCCENBMOOHISTWDVZ
3 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha