Shares of SL Green Realty have moved -4.4% today, and are now trading at a price of $33.09. In contrast, the S&P 500 index saw a -0.0% change. Today's trading volume is 186,892 compared to the stock's average volume of 1,813,129.
SL Green Realty Corp., Manhattan's largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. Based in New York, United States the company has 1,137 full time employees and a market cap of $2,141,700,608. SL Green Realty currently offers its equity investors a dividend that yields 9.6% per year.
The company is now trading 0.06% away from its average analyst target price of $33.07 per share. The 15 analysts following the stock have set target prices ranging from $21.0 to $70.0, and on average give SL Green Realty a rating of hold.
Over the last 12 months SLG shares have declined by -17.0%, which represents a difference of -31.0% when compared to the S&P 500. The stock's 52 week high is $44.65 per share and its 52 week low is $19.06. With its net margins declining an average -30.7% over the last 6 years, SL Green Realty declining profitability gives us reason to believe its stock price will continue to underwhelm.
Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
---|---|---|---|---|
2023 | 881,975 | -27,550 | -3 | -inf |
2022 | 826,739 | 1,771 | 0 | -100.0 |
2021 | 843,991 | 480,632 | 56 | 43.59 |
2020 | 1,052,744 | 414,758 | 39 | 62.5 |
2019 | 1,238,995 | 291,487 | 24 | 9.09 |
2018 | 1,227,392 | 270,856 | 22 |