88.97 0.00 (0.00%)
After hours: 4:17PM EST
|Bid||0.00 x 900|
|Ask||0.00 x 900|
|Day's Range||88.04 - 89.01|
|52 Week Range||76.77 - 106.54|
|Beta (3Y Monthly)||1.44|
|PE Ratio (TTM)||25.60|
|Earnings Date||Jan 23, 2019|
|Forward Dividend & Yield||3.40 (3.90%)|
|1y Target Est||101.47|
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 Read More...
# SL Green Realty Corp ### NYSE:SLG View full report here! ## Summary * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is low for SLG with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $10.90 billion over the last one-month into ETFs that hold SLG are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
SL Green Realty Corp. (SLG), New York City's largest office landlord, today announced it will release its earnings for the fourth quarter of 2018 on Wednesday, January 23, 2019 after market close. Simultaneous with the earnings release, supplemental data will be made available in the Investors section of the SL Green Realty Corp. website at https://slgreen.com/ under “Financial Reports”. The live conference call will be webcast in listen-only mode in the Investors section of the SL Green Realty Corp. website at https://slgreen.com/ under “Presentations & Webcasts” and on Thomson's StreetEvents Network.
Moody's affirms senior unsecured debt of SL Green Realty (SLG) and its operating partnership. Moreover, the REIT's outlook has been maintained at stable.
Solid dividend payouts remain the biggest enticement for REIT investors and CubeSmart (CUBE) remains committed toward boosting shareholders' wealth, backed by steady cash flow growth.
Moody's Investors Service ("Moody's") affirmation of SL Green Operating Partnership L.P.'s Baa3 senior unsecured rating reflects the REIT's high quality Manhattan office portfolio and solid liquidity position. Geographic concentration, weak fixed charge coverage, elevated leverage metrics and the REIT's large share repurchase program are other key considerations. In the same rating action, Moody's has affirmed all other outstanding ratings for SL Green Realty Corp., the parent REIT and Reckson Operating Partnership, L.P., a wholly owned operating partnership affiliate.
NEW YORK, Dec. 07, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
SL Green's (SLG) recapitalization of the property comes as part of its value-add capital program, which aims at restoring the property, and boosting tenant roster and occupancy.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return Read More...
SL Green Realty (SLG) is witnessing decent demand for space at One Vanderbilt. With TD Securities' recent lease for 118,872 square feet of space, the office part of One Vanderbilt is now 52% leased.
SL Green Realty (SLG) plans to use its 218,000-square-foot available development rights to increase its office tower -- One Madison Avenue -- rentable square footage to around 1.5 million square feet.
With higher investment in 245 Park Avenue, SL Green Realty (SLG) will serve as the building's property manager. Further, it dedicates additional $500 million in its share repurchase program.
SL Green Realty Corp. (SLG), New York City’s largest office landlord, today announced that it has secured $150 million of first mortgage financing for 2 Herald Square, and sold a 49% partnership interest to an Israeli institutional investor. The recapitalization is the first step of a value-add capital program that will restore iconic status to this best-in-class building located on one of the most prominent corners in New York.
SL Green Realty Corp. (SLG), New York City’s largest office landlord, today detailed sweeping redevelopment plans for One Madison Avenue, the Class-A office tower next to Madison Square Park. A Kohn Pedersen Fox addition on top of a nine-story redeveloped podium will add modern office space, tenant specialty floors and over one acre of outdoor terraces, with design harmonious with the surrounding Madison Square district, complementing the Park by incorporating significant softscape features.
SL Green Realty Corp. (SLG), New York City’s largest office landlord, today announced that it has entered into a contract to purchase a majority and controlling interest in 460 West 34th Street, in Manhattan. After taking into account earlier structured investments made through SL Green’s Debt and Preferred Equity platform, SL Green’s blended average basis in the property will be $528 per square foot .The transaction is expected to close in the first half of 2019, subject to customary closing conditions. The property is located along the full block front of 10th Avenue between 33rd and 34th Streets in the heart of the Hudson Yards submarket and directly across the street from the new Manhattan West development projects.
TD Securities, a leading investment banking group that provides a wide range of capital markets products and services, has signed a 20-year lease for 119,000 square feet occupying two and a half podium floors in the base of the building. The financial firm will also lease an additional 52,450 square feet at SL Green’s 125 Park Avenue.
SL Green Realty Corp. (SLG), New York City’s largest office landlord, today announced that TD Securities, a leading investment bank and financial services provider, signed leases totaling 171,322 square feet in two SL Green owned office buildings. TD Securities will take 118,872 square feet on the entire 10th and 12th floors plus a portion of the 11th floor, joining its affiliate TD Bank, which previously committed to 193,159 square-feet of office space at One Vanderbilt Avenue.
SL Green Realty's (SLG) 31-story building in Lower Manhattan will offer nearly 209 rental units, two floors of flagship retail at the building's base and three floors of commercial space.
SL Green Realty Corp., New York’s largest office building owner, is making its biggest investment in the booming Hudson Yards area by acquiring a 91-year-old building in a deal that values the property at $440 million. The real-estate investment trust is buying a majority stake in the 21-story building at 460 W. 34th St. from the Kaufman Organization, which is holding on to a minority interest. The building, formerly known as the Master Printers Building, is across the street from the modern glass and steel towers rising in the sweeping Hudson Yards development from Related Cos. on what used to be 26 acres of windswept rail yards.
SL Green's (SLG) recent dividend hike highlights its commitment to boost shareholder value. Yet, a highly leveraged capital structure raises concerns relating to sustainability of the new dividend.
SL Green Realty Corp. said Friday it has added $500 million to its stock repurchase program, to bring the total authorization to $2.5 billion. The real estate investment trust and office landlord said it has bought back 18,087,322 shares under the program, which at Thursday's closing price of $93.82 would be valued at about $1.7 billion. That implies there is about $803.05 million remaining in its program, which could represent about 8.56 million shares, or about 10% of the shares outstanding. "The expansion of our stock repurchase program is in response to the significant discrepancy that persists between our share price and the underlying value of our assets," said Chief Executive Marc Holliday. The stock, which is still inactive in premarket trade, has dropped 9.8% over the past three months, while the SPDR Real Estate Select Sector ETF has slipped 0.6% and the S&P 500 has lost 5.6%.
SL Green Realty Corp. (SLG), New York City’s largest office landlord, today announced that the Company’s Board of Directors has authorized an increase to the size of its share repurchase program by an additional $500 million of the Company’s common stock, bringing the program to a total of $2.5 billion. To date, the Company has repurchased 18,087,322 shares under the program. In addition, the Company has redeemed 445,517 units of the Company’s Operating Partnership in connection with real estate transactions.
Completion of demolition, acquisition of additional development rights and closing of construction financing paves way for vertical construction in Q1 2019. Through this transaction, SL Green also obtained a light and air easement and cantilever right over 189 Broadway for the purpose of permitting lot line windows and maximizing efficient residential floor plates. 2.) SL Green recently closed on $225.0 million of construction financing for 185 Broadway with United Overseas Bank Limited and Helaba.
SL Green Realty Corp., New York City’s largest office landlord, today announced that it has completed the second phase of its preferred equity investment in 245 Park Avenue. SL Green made its initial investment in 245 Park Avenue during the second quarter of 2018, and as part of the recent closing, the investment now totals $148.2 million. In connection with this modification, SL Green will serve as the building’s property manager, overseeing all leasing and operations.