SLG - SL Green Realty Corp.
| Previous Close | 89.94 |
| Open | 88.96 |
| Bid | 89.99 x 1800 |
| Ask | 95.96 x 800 |
| Day's Range | 90.90 - 92.02 |
| 52 Week Range | 75.46 - 93.91 |
| Volume | 29,288 |
| Avg. Volume | 748,851 |
| Market Cap | 7.3B |
| Beta (3Y Monthly) | 1.08 |
| PE Ratio (TTM) | 42.90 |
| EPS (TTM) | 2.12 |
| Earnings Date | Jan 21, 2020 - Jan 27, 2020 |
| Forward Dividend & Yield | 3.54 (4.00%) |
| Ex-Dividend Date | 2019-09-27 |
| 1y Target Est | 94.67 |
- Zacks
Mid-America Apartment Hikes Dividend for 10th Consecutive Year
Mid-America Apartment Communities' (MAA) recent dividend hike of 4.2% will likely be sustainable given the company's financial strength.
- Zacks
SL Green (SLG) Signs 1.2M SF Leases in Q4, Sees Solid Demand
SL Green Realty (SLG) witnessing solid demand for space at its properties, particularly from tenants within the TAMI, FIRE and legal sectors.
- Zacks
SL Green Hikes Dividend, Expands Share-Buyback Program to $3B
SL Green Realty's (SLG) dividend hike marks the ninth consecutive year of such increase. The company has also authorized an increase of $500 million to its ongoing share-repurchase program.
- Business Wire
SL Green Signs 1.2 Million Square Feet of Commercial Leases During 4th Quarter
SL Green Realty Corp., New York City's largest office landlord, today announced it has signed 1,157,104 square feet of office and retail leases to date during the 4th quarter of 2019. This raises the total amount of office leases signed year to date to 2,341,999 square feet.
- Business Wire
SL Green Signs Amazon to 335,000 Square Foot Lease at 410 Tenth Avenue
SL Green Realty Corp. (NYSE: SLG), New York City’s largest office landlord, today announced that Amazon (NASDAQ: AMZN) has signed a new 335,408-square-foot lease at 410 Tenth Avenue, previously known as 460 West 34th Street. In May, SL Green acquired a majority and controlling interest in the building located along the full block front of Tenth Avenue, between 33rd and 34th Streets, at the intersection of Manhattan West and Hudson Yards. In April, First Republic Bank, a leading private bank and wealth management company, signed a new 211,521-square-foot lease.
- Barrons.com
Mastercard and 4 More Companies That Are Raising Their Dividends
Companies from financial services to real estate and medical devices offered investors holiday cheer, disclosing plans to increase their dividends this past week.
- Bloomberg
Amazon Leases Midtown Space After Scrapping HQ2 Plans for NYC
(Bloomberg) -- Less than a year after Amazon.com Inc. walked away from a planned headquarters in New York, the e-commerce giant has announced a significant expansion in midtown Manhattan.The company signed a lease for 335,000 square feet in the Hudson Yards neighborhood on the west side. The new office will accommodate more than 1,500 workers and is slated to open in 2021, according to an e-mailed statement.“As we shared earlier this year, we plan to continue to hire and grow organically across our 18 Tech Hubs, including New York City,” the Seattle-based company said.Amazon abandoned plans in February to build an additional headquarters in New York’s Long Island City neighborhood following fierce public criticism of tax breaks promised to the company, and concerns about the impact on housing costs and transportation. The move sent shock waves through New York’s real estate community, which worried that the city was becoming inhospitable to business.But recent months have shown that companies are still attracted to New York and its deep pool of talented workers. Facebook Inc. announced that it was leasing more than 1.5 million square feet at Hudson Yards last month. And Google is also in the midst of a major expansion in the city.Amazon said it is not receiving tax benefits or other incentives for its new office, which will be located in SL Green Realty Corp.’s building on 10th Avenue between 33rd and 34th Streets. The outpost will be roughly the same size as the company’s other corporate offices in New York, where it currently has more than 3,500 employees in its tech hub.Dow Jones reported the lease earlier on Friday.To contact the reporter on this story: Noah Buhayar in Seattle at nbuhayar@bloomberg.netTo contact the editors responsible for this story: Craig Giammona at cgiammona@bloomberg.net, Linus Chua, Stanley JamesFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Insider Monkey
Hedge Funds Are Buying SL Green Realty Corp (SLG)
Investing in small cap stocks has historically been a way to outperform the market, as small cap companies typically grow faster on average than the blue chips. That outperformance comes with a price, however, as there are occasional periods of higher volatility. The last 12 months is one of those periods, as the Russell 2000 […]
- Zacks
How to Maximize Your Retirement Portfolio with These Top-Ranked Dividend Stocks - December 06, 2019
The traditional approaches to retirement planning are longer covering all expenses in nest egg years. So what can retirees do? Thankfully, there are alternative investments that provide steady, higher-rate income streams to replace dwindling bond yields.
- MarketWatch
SL Green Realty raises dividend, to yield well above peer group and S&P 500
SL Green Realty Corp. said Friday it will raise its quarterly dividend by 4.1%, to 88.5 cents a share from 85 cents a share. The real estate investment trust said the new dividend will be payable Jan. 15 to shareholders of record on Jan. 2. Based on Thursday's stock closing price of $85.77, the new annual dividend rate implies a dividend yield of 4.13%, compared with the yield for the SPDR Real Estate Select Sector ETF of 2.96% and the implied yield for the S&P 500 of 1.91%, according to FactSet. Shares of the self-proclaimed largest office landlord in New York City, which were still inactive in premarket trading, have rallied 8.5% year to date, while the REIT ETF has climbed 24.2% and the S&P 500 has advanced 24.4%.
- Business Wire
SL Green Realty Corp. Announces $500 Million Increase to Share Repurchase Program
SL Green Realty Corp. (NYSE: 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 $3.0 billion.
- Business Wire
SL Green to Increase Common Dividend for Ninth Consecutive Year
SL Green Realty Corp. (NYSE: SLG), New York City’s largest office landlord, today reported that its board of directors has increased the Company’s quarterly dividend by 4.1 percent, to $0.885 per share on its common stock and OP units, resulting in a new annual dividend of $3.54 per share. The fourth quarter dividend is payable on January 15, 2020 to shareholders of record at the close of business on January 2, 2020.
- CorpGov.com
Governance Expert Cendrowski: WeWork Investors Gave Real Estate a Software Valuation
Harry Cendrowski, Founding Member and Managing Director of Cendrowski Corporate Advisors By John Jannarone WeWork’s private investors including Masayoshi Son’s Softbank Group Corp apparently gave the shared office space company a software valuation, a consequence of a frenzied investment environment that paid little regard to fundamental analysis or corporate governance. That’s according to governance expert […]
- Zacks
Portfolio Repositioning Amid High Supply to Aid SL Green (SLG)
While SL Green Realty's (SLG) opportunistic investment policy will enhance its overall portfolio, high supply of office assets will impact its ability to backfill near-term tenant move-outs.
- Zacks
SL Green (SLG) Up 5.7% Since Last Earnings Report: Can It Continue?
SL Green (SLG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- IPO-Edge.com
IPO Edge’s Jannarone on Cheddar TV: Legere is High Potential, But Risky Choice for WeWork
T-Mobile US, Inc. CEO John Legere has some leadership qualities that could help him turn WeWork around, but he also comes with little experience in real estate, indicating he's a risky choice. That's according to IPO Edge Editor-in-Chief John Jannarone, who spoke to Cheddar TV in an interview available here. Jannarone pointed out that WeWork's […]
- Zacks
3 Top Dividend Stocks to Maximize Your Retirement Income - November 08, 2019
The traditional approaches to retirement planning are longer covering all expenses in nest egg years. So what can retirees do? Thankfully, there are alternative investments that provide steady, higher-rate income streams to replace dwindling bond yields.
- Simply Wall St.
Read This Before Judging SL Green Realty Corp.'s (NYSE:SLG) ROE
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
- Barrons.com
Vornado Has Bad News About New York City Property
The real-estate investment trust said net operating income at its properties in the city increased just 0.5% year-over-year on a comparable basis last quarter.
- Business Wire
SL Green Signs Renewal With BMW at 555 West 57th Street
SL Green Realty Corp., New York City's largest office landlord, today announced that BMW of Manhattan has signed an approximately 227,000-square-foot, 10-year lease renewal at 555 West 57th Street.
- Business Wire
SL Green Inks Two Leases Covering 65,000 Square Feet at One Vanderbilt Avenue
Oak Hill Advisors Leases Entire 16th Floor
- Insider Monkey
Do Hedge Funds Love SL Green Realty Corp (SLG)?
Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out […]
- Thomson Reuters StreetEvents
Edited Transcript of SLG earnings conference call or presentation 17-Oct-19 6:00pm GMT
Q3 2019 SL Green Realty Corp Earnings Call
- Zacks
SL Green Buys Manhattan Office Property, Plans Repositioning
SL Green Realty's (SLG) latest move to acquire Manhattan office property offers it repositioning scope and value-creating opportunities through effective capital improvements.
- Zacks
SL Green's (SLG) Q3 FFO Surpasses Estimates, Revenues Dip Y/Y
Decent leasing activity and rent growth in SL Green Realty's (SLG) Manhattan portfolio buoy the company's Q3 performance.
