SLG - SL Green Realty Corp.
After hours:
Chart Events
Momentum
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 22.53 |
| Open | 23.23 |
| Bid | 22.10 x 800 |
| Ask | 23.95 x 1400 |
| Day's Range | 23.15 - 24.60 |
| 52 Week Range | 19.06 - 59.26 |
| Volume | |
| Avg. Volume | 3,484,657 |
| Market Cap | 1.538B |
| Beta (5Y Monthly) | 1.47 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -2.36 |
| Earnings Date | Jul 18, 2023 - Jul 24, 2023 |
| Forward Dividend & Yield | 3.25 (14.05%) |
| Ex-Dividend Date | May 30, 2023 |
| 1y Target Est | 30.69 |
Fair Value
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Credit ratings firm Moody's Investors Service placed office REIT SL Green on review for a credit downgrade Monday. A ratings cut would increase borrowing costs investors charge the company to issue bonds, a key lever REITs use to boost returns on their real estate investments. Moody's said it may downgrade SL Green's BA1 rating, citing its high debt level, much of which it attributed to the $2 billion purchase of Manhattan office property 245 Park.
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One of the most out-of-favor sectors right now is the office real estate investment trust (REIT) sector. Fears of impending losses in commercial real estate mortgages linked to office properties have added to the worries surrounding the regional banks. One of the companies hardest hit by the office problem is SL Green Realty (NYSE: SLG), whose share prices have fallen enough to create a 14.6% dividend yield.
GlobeNewswireSL Green Realty Corp. Announces Common Stock Dividend
NEW YORK, May 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 of $0.2708 per share of common stock. The dividend is payable in cash on June 15, 2023 to shareholders of record at the close of business on May 31, 2023. About SL Green Realty Corp. SL Green Realty Corp., Manhattan’s largest office landlord, is a fully integrated real estate investment trust, or REI
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- GlobeNewswire
SL Green Completes $500 Million Refinancing of 919 Third Avenue
NEW YORK, April 26, 2023 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, together with an institutional investor advised by J.P. Morgan Global Alternatives, today announced that the partnership has completed the refinancing of 919 Third Avenue, a premier 1.5 million square foot Class A office building located in Midtown Manhattan. The new $500.0 million mortgage loan bears interest at a rate of 250 basis points over Term SOFR, which the partnership has
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Q1 2023 SL Green Realty Corp Earnings Call
Q1 2023 SL Green Realty Corp Earnings Call
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- GlobeNewswire
SL Green Realty Corp. Reports First Quarter 2023 EPS of ($0.63) Per Share; and FFO of $1.53 Per Share
Financial and Operating Highlights Net loss attributable to common stockholders of $0.63 per share for the first quarter of 2023, net of $78.5 million, or $1.14 per share, of depreciation and amortization, as compared to net income of $0.11 per share for the same period in 2022. Reported funds from operations, or FFO, of $1.53 per share for the first quarter of 2023, net of $6.9 million, or $0.10 per share, of reserves on one debt and preferred equity investment, as compared to $1.65 per share f
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SL Green Realty Corp. to Release First Quarter 2023 Financial Results After Market Close on April 19, 2023
Conference Call to be Held on April 20, 2023 at 2:00pm ETNEW YORK, March 29, 2023 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced that it will release its earnings for the first quarter of 2023 on Wednesday, April 19, 2023 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, April 20, 2023 at 2:00 pm ET to discu
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ZacksSL Green (SLG) Inks Lease With Palo Alto at One Madison Avenue
SL Green (SLG) announces the signing of a long-term lease with Palo Alto Networks at One Madison Avenue, reflecting the decent demand for its high-quality and well-amenetized office properties.
- GlobeNewswire
SL Green Signs Full Floor Lease with Palo Alto Networks at One Madison Avenue
NEW YORK, March 28, 2023 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced that Palo Alto Networks, a leader in global cybersecurity, has signed a long-term lease covering an entire tower floor at One Madison Avenue, bringing SL Green’s 2023 signed office leasing volume to 491,913 square feet, while the Company’s office leasing pipeline has increased to over 1.0 million square feet, up from a 700,000 square feet pipeline just three weeks
- GlobeNewswire
SL Green Realty Corp. Announces Common Stock and Preferred Stock Dividends
NEW YORK, March 20, 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 of $0.2708 per share of common stock, which is the equivalent of an annualized dividend of $3.25 per share. The dividend is payable in cash on April 17, 2023 to shareholders of record at the close of business on March 31, 2023. The board of directors also declared the regular quarterly dividend on