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SL Green Realty (SLG) Stock

Profile

Full Name:

SL Green Realty Corp.

Industry:

Office

Country:

United States

IPO:

15 August 1997

Indexes:

Not included

Description:

SL Green Realty Corp. is a real estate investment fund specializing in investments in commercial real estate. In particular, the fund focuses on investments in office buildings and shopping centers. Most of the company's properties are located in Manhattan, New York. The company acquires real estate properties and leases them out, with rental payments being its main source of income. However, the company is also focused on managing and maximizing the value of its real estate assets. Therefore, its assets also grow due to the increasing prices of the properties it owns. Some of the well-known skyscrapers in New York under the company's management include One Astor Plaza, The Pershing Square Building, and Random House Tower. Therefore, the company is the largest landlord of office spaces in New York.

Key Details

Price

$66.79

TTM Dividend Yield

4.50%(-40.32% YoY)

Annual Revenue

$913.71 M(-0.62% YoY)

Annual EPS

-$9.12(-512.08% YoY)

Annual ROE

-11.91%

Beta

1.37

Events Calendar

Earnings

Next earnings date:

Jan 22, 2025

Recent quarterly earnings:

Oct 16, 2024

Recent annual earnings:

Jan 24, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Dec 31, 2024
Splits

Next split:

N/A

Recent split:

Jan 24, 2022

Analyst ratings

Recent major analysts updates

07 Jan '25 Mizuho
Neutral
02 Jan '25 Jefferies
Hold
11 Dec '24 Compass Point
Neutral
10 Dec '24 Scotiabank
Sector Perform
10 Dec '24 JP Morgan
Neutral
22 Nov '24 Jefferies
Hold
25 Oct '24 Scotiabank
Sector Perform
07 Aug '24 Scotiabank
Sector Perform
06 Aug '24 JP Morgan
Underweight
31 July '24 Goldman Sachs
Sell

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Institutional Ownership

SL Green (SLG) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now
SL Green (SLG) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now
SL Green (SLG) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now
SLG
zacks.com31 December 2024

SL Green (SLG) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Down -11.17% in 4 Weeks, Here's Why You Should You Buy the Dip in SL Green (SLG)
Down -11.17% in 4 Weeks, Here's Why You Should You Buy the Dip in SL Green (SLG)
Down -11.17% in 4 Weeks, Here's Why You Should You Buy the Dip in SL Green (SLG)
SLG
zacks.com19 December 2024

SL Green (SLG) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

SL Green Realty Corp. to Release Fourth Quarter 2024 Financial Results After Market Close on January 22, 2025
SL Green Realty Corp. to Release Fourth Quarter 2024 Financial Results After Market Close on January 22, 2025
SL Green Realty Corp. to Release Fourth Quarter 2024 Financial Results After Market Close on January 22, 2025
SLG
globenewswire.com19 December 2024

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 Wednesday, January 22, 2025 after market close. The Company's executive management team, led by Marc Holliday, Chairman and Chief Executive Officer, will host a conference call and audio webcast on Thursday, January 23, 2025 at 2:00pm ET to discuss the financial results.

Key Reasons to Add SL Green to Your Portfolio Right Now
Key Reasons to Add SL Green to Your Portfolio Right Now
Key Reasons to Add SL Green to Your Portfolio Right Now
SLG
zacks.com17 December 2024

Healthy demand for SLG's premier office spaces, a solid tenant base and opportunistic investments bode well for long-term growth.

SLG Raises 2024 FFO Guidance, Announces Lease Renewal & Transactions
SLG Raises 2024 FFO Guidance, Announces Lease Renewal & Transactions
SLG Raises 2024 FFO Guidance, Announces Lease Renewal & Transactions
SLG
zacks.com10 December 2024

SL Green has increased its forecast for 2024 FFO per share, renewed a lease, and revealed several deals related to the 100 Park Avenue building.

SL Green Rewards Investors With Dividend Hike: Is it Sustainable?
SL Green Rewards Investors With Dividend Hike: Is it Sustainable?
SL Green Rewards Investors With Dividend Hike: Is it Sustainable?
SLG
zacks.com09 December 2024

SLG's recent increase in dividends shows that it can produce good cash flow from its strong portfolio.

SL Green Inks 123,000 Square Foot Lease With the Travelers Insurance Company at 485 Lexington Avenue
SL Green Inks 123,000 Square Foot Lease With the Travelers Insurance Company at 485 Lexington Avenue
SL Green Inks 123,000 Square Foot Lease With the Travelers Insurance Company at 485 Lexington Avenue
SLG
globenewswire.com09 December 2024

NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), the biggest office landlord in Manhattan, has revealed that The Travelers Insurance Company has renewed its lease for 122,788 square feet at 485 Lexington Avenue. They will continue to occupy part of the seventh floor and the entire eighth and ninth floors for another 10 years.

SL Green Announces Transactions at 100 Park Avenue
SL Green Announces Transactions at 100 Park Avenue
SL Green Announces Transactions at 100 Park Avenue
SLG
globenewswire.com09 December 2024

On December 9, 2024, SL Green Realty Corp., the biggest office landlord in Manhattan, revealed several deals at 100 Park Avenue. These include a new lease of 220,221 square feet with Alvarez & Marsal Holdings, LLC, an adjustment to increase and extend a $360 million mortgage, and an agreement to buy a 49.9% stake in the property from its partner.

SL Green Realty Corp. Announces Increase in Annual Ordinary Dividend to $3.09 per Share
SL Green Realty Corp. Announces Increase in Annual Ordinary Dividend to $3.09 per Share
SL Green Realty Corp. Announces Increase in Annual Ordinary Dividend to $3.09 per Share
SLG
globenewswire.com06 December 2024

NEW YORK, Dec. 06, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), the biggest office landlord in Manhattan, revealed today that its board of directors has set an annual ordinary dividend for 2025 at $3.09 per share, which is a 3.0% increase. This ordinary dividend will still be paid in cash every month.

SL Green Announces Anchor Commitment for SLG Opportunistic Debt Fund
SL Green Announces Anchor Commitment for SLG Opportunistic Debt Fund
SL Green Announces Anchor Commitment for SLG Opportunistic Debt Fund
SLG
globenewswire.com05 December 2024

NEW YORK, Dec. 05, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), the biggest office landlord in Manhattan, has revealed that a Canadian institutional investor will be the main supporter of the SLG Opportunistic Debt Fund with a $250 million investment. This investor is recognized as one of the largest institutional investors globally, overseeing public and semi-public pension plans and insurance programs.

FAQ

  • What is the primary business of SL Green Realty?
  • What is the ticker symbol for SL Green Realty?
  • Does SL Green Realty pay dividends?
  • What sector is SL Green Realty in?
  • What industry is SL Green Realty in?
  • What country is SL Green Realty based in?
  • When did SL Green Realty go public?
  • Is SL Green Realty in the S&P 500?
  • Is SL Green Realty in the NASDAQ 100?
  • Is SL Green Realty in the Dow Jones?
  • When was SL Green Realty's last earnings report?
  • When does SL Green Realty report earnings?
  • Should I buy SL Green Realty stock now?

What is the primary business of SL Green Realty?

SL Green Realty Corp. is a real estate investment fund specializing in investments in commercial real estate. In particular, the fund focuses on investments in office buildings and shopping centers. Most of the company's properties are located in Manhattan, New York. The company acquires real estate properties and leases them out, with rental payments being its main source of income. However, the company is also focused on managing and maximizing the value of its real estate assets. Therefore, its assets also grow due to the increasing prices of the properties it owns. Some of the well-known skyscrapers in New York under the company's management include One Astor Plaza, The Pershing Square Building, and Random House Tower. Therefore, the company is the largest landlord of office spaces in New York.

What is the ticker symbol for SL Green Realty?

The ticker symbol for SL Green Realty is NYSE:SLG

Does SL Green Realty pay dividends?

Yes, SL Green Realty pays dividends. The last payment was $0.26, with an ex-dividend date on 31 December 2024

What sector is SL Green Realty in?

SL Green Realty is in the Real Estate sector

What industry is SL Green Realty in?

SL Green Realty is in the Office industry

What country is SL Green Realty based in?

SL Green Realty is headquartered in United States

When did SL Green Realty go public?

SL Green Realty's initial public offering (IPO) was on 15 August 1997

Is SL Green Realty in the S&P 500?

No, SL Green Realty is not included in the S&P 500 index

Is SL Green Realty in the NASDAQ 100?

No, SL Green Realty is not included in the NASDAQ 100 index

Is SL Green Realty in the Dow Jones?

No, SL Green Realty is not included in the Dow Jones index

When was SL Green Realty's last earnings report?

SL Green Realty's most recent earnings report was on 16 October 2024

When does SL Green Realty report earnings?

The next expected earnings date for SL Green Realty is 22 January 2025

Should I buy SL Green Realty stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions