SL Green Realty Corp. (SLG)

NYSE: SLG · IEX Real-Time Price · USD
46.91
+0.32 (0.69%)
At close: Feb 26, 2024, 4:00 PM
46.46
-0.45 (-0.96%)
After-hours: Feb 26, 2024, 7:53 PM EST
0.69%
Market Cap 3.03B
Revenue (ttm) 913.71M
Net Income (ttm) -579.51M
Shares Out 64.73M
EPS (ttm) -9.12
PE Ratio n/a
Forward PE 9.56
Dividend $3.19 (6.79%)
Ex-Dividend Date Feb 28, 2024
Volume 914,595
Open 46.28
Previous Close 46.59
Day's Range 45.94 - 47.09
52-Week Range 19.06 - 50.11
Beta 1.66
Analysts Sell
Price Target 35.62 (-24.07%)
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 "Sell." The 12-month stock price forecast is $35.62, which is a decrease of -24.07% from the latest price.

Price Target
$35.62
(-24.07% downside)
Analyst Consensus: Sell
Stock Forecasts

News

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
9 days ago - Forbes

SL Green Realty Corp. Announces Common Stock Dividend

NEW YORK, Feb. 16, 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 ...

10 days ago - GlobeNewsWire

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...

17 days 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...

4 weeks 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 ...

7 weeks 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
2 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
3 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...

3 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...

3 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...

3 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, ...

3 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
3 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 ...

4 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...

4 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...

4 months ago - GlobeNewsWire

Pacific Retail Capital Partners, The Cappelli Organization, & SL Green Realty Corporation; File Rezoning Request for Multi-Billion Dollar Redevelopment of Galleria site in Downtown White Plains, NY

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--In what would be the largest conversion of an enclosed shopping mall into open space, mixed-use residential and retail in the New York Metropolitan Tri- State Regi...

5 months ago - Business Wire

SL Green Celebrates Completion of One Madison Avenue

Neighborhood-defining office tower in Midtown South completed three months ahead of schedule Neighborhood-defining office tower in Midtown South completed three months ahead of schedule

5 months ago - GlobeNewsWire

SL Green Realty Corp. To Release Third Quarter 2023 Financial Results After Market Close On October 18, 2023

NEW YORK, Sept. 22, 2023 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that it will release its earnings for the third quarter of 2023 on ...

5 months ago - GlobeNewsWire

SL Green President Andrew Mathias on energy transition and impact on real estate

CNBC's Diana Olick and Andrew Mathias, SL Green president, join 'Power Lunch' to discuss the company's energy transition and impact on real estate.

5 months ago - CNBC Television

SL Green Realty Corp. Announces Common Stock and Preferred Stock Dividends

NEW YORK, Sept. 18, 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...

5 months ago - GlobeNewsWire

SL Green Realty stock: 8% dividend yield, golden cross, a buy

SL Green Realty (NYSE: SLG) stock price has staged a strong recovery even as concerns about the real estate sector continued. The shares surged to a high of $40.40, the highest level since February th...

6 months ago - Invezz

The Chartmaster Carter Worth sticks to REITs

Carter Worth, Worth Charting, talks the office space rebound and why he is sticking with REITs.

Other symbols: AMTBXPIYRPLDXLRE
7 months ago - CNBC Television

SL Green Realty Corp. Reports Second Quarter 2023 EPS of ($5.63) per Share; and FFO of $1.43 per Share

Financial and Operating Highlights Net loss attributable to common stockholders of $5.63 per share for the second quarter of 2023 as compared to net loss of $0.70 per share for the same period in 2022...

7 months ago - GlobeNewsWire

Final Trades: Alphabet, General Motors, SL Green & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: GMGOOGGOOGLINDA
8 months ago - CNBC Television

Hayman Capital's Kyle Bass: Taking debt out of the equation is key to a value play in real estate

Kyle Bass, Hayman Capital management founder and CIO, joins 'The Exchange' to discuss repurposing office spaces, instability in Russia, and straining US-China relations.

Other symbols: BXPVNO
8 months ago - CNBC Television