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Why SL Green Realty Corp. (NYSE:SLG) Could Be Your Next Investment

Autumn Haas

I’ve been keeping an eye on SL Green Realty Corp. (NYSE:SLG) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe SLG has a lot to offer. Basically, it is a dependable dividend payer with a a great history of delivering benchmark-beating performance. Below is a brief commentary on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on SL Green Realty here.

Established dividend payer with proven track record

In the past couple of years, SLG has ramped up its bottom line by over 100%, with its latest earnings level surpassing its average level over the last five years. In addition to beating its historical values, SLG also outperformed its industry, which delivered a growth of 14%. This paints a buoyant picture for the company.

NYSE:SLG Income Statement Export January 15th 19

For those seeking income streams from their portfolio, SLG is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 3.9%, making it one of the best dividend companies in the market.

NYSE:SLG Historical Dividend Yield January 15th 19

Next Steps:

For SL Green Realty, I’ve compiled three important aspects you should further research:

  1. Future Outlook: What are well-informed industry analysts predicting for SLG’s future growth? Take a look at our free research report of analyst consensus for SLG’s outlook.
  2. Financial Health: Are SLG’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of SLG? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.