|Bid||21.66 x 1200|
|Ask||22.48 x 800|
|Day's range||21.09 - 22.03|
|52-week range||19.06 - 62.57|
|Beta (5Y monthly)||1.47|
|PE ratio (TTM)||N/A|
|Earnings date||18 July 2023 - 24 July 2023|
|Forward dividend & yield||3.25 (14.78%)|
|Ex-dividend date||30 May 2023|
|1y target est||30.69|
LyondellBasell Industries (LYB), AAON (AAON), SL Green Realty (SLG) and Advanced Drainage Systems (WMS) recently hiked dividends.
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.
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
Cousins Properties (CUZ) reports better-than-expected Q1 results, aided by healthy leasing activity and y/y growth in net rent per square foot. The company raises its 2023 FFO per share outlook.
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
Highwoods' (HIW) Q1 results reflect a year-over-year increase in the top line on rent growth. However, a fall in occupancy and higher operating expenses act as dampeners.
SL Green's (SLG) Q1 earnings outshine estimates on better-than-anticipated revenues. However, the occupancy in the company's Manhattan same-store office portfolio falls year over year.
SL Green (SLG) delivered FFO and revenue surprises of 7.75% and 9.44%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
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
SL Green Realty (SLG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
SL Green (SLG) was a big mover last session on higher-than-average trading volume. The latest trend in FFO estimate revisions might help the stock continue moving higher in the near term.
Oxford Industries, BRP, MidAmerica Apartment Communities and SL Green Realty are included in this Analyst Blog.
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
Investors may keep a tab on stocks like OXM, DOOO, MAA and SLG, which have lately hiked their dividend payments.
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.
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
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
S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 20, to coincide with the quarterly rebalance. The changes are being made to ensure each index is more representative of its market capitalization range. The company moving to the S&P 500 is more representative of the large-cap market space. All companies moving to the S&P MidCap 400 are more representative of the mid
NEW YORK, Feb. 16, 2023 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), New York City’s largest office landlord, today announced that Marc Holliday, Chairman and Chief Executive Officer, and Matt DiLiberto, Chief Financial Officer, will participate in a roundtable discussion at Citi’s 2023 Global Property CEO Conference on Monday, March 6, 2023 at 8:35 AM EST. The roundtable discussion will be webcast. The live audio-webcast can be accessed in listen-only mode in the Investors section of
NEW YORK, Feb. 13, 2023 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG) (the “Company”), Manhattan’s largest office landlord, today announced that the Company will hold its 2023 Annual Meeting of Stockholders (the “Annual Meeting”) on Monday, June 5, 2023. The board of directors established the close of business on Friday, March 31, 2023, as the record date for determining stockholders entitled to receive notice of and vote at the Annual Meeting, which will take place in-person in the audit
Cousins Properties' (CUZ) Q4 FFO per share outpaces expectations. The top line improves year over year on healthy leasing activity. It issues 2023 outlook for FFO per share.
Demand is getting weaker in the Manhattan office space market, and that's not good for SL Green.
SL Green Realty Corp. ( NYSE:SLG ) shareholders should be happy to see the share price up 17% in the last month. But if...
Despite a choppy environment in the office real estate market, the latest signings reflect the decent demand for SL Green's (SLG) high-quality properties.