Previous close | 20.39 |
Open | 20.60 |
Bid | 21.13 x N/A |
Ask | 21.31 x N/A |
Day's range | 20.60 - 20.60 |
52-week range | 17.90 - 58.00 |
Volume | |
Avg. volume | 272 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
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.
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.
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?
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.
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.
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.
SL Green's (SLG) Q4 earnings miss estimates on lower-than-anticipated revenues and a fall in occupancy. However, same-store cash net operating income improves year over year.
SL Green (SLG) delivered FFO and revenue surprises of -1.35% and 29.94%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Many companies are realizing they don't need as much office space as they once did. Because of that, many office-focused real estate investment trusts (REITs) are facing challenges when they seek to lease their available space as existing agreements expire. Occupancy and rental rates are under pressure, which is forcing many office landlords to consider reducing their dividends and conserve cash.
SL Green has already announced that a dividend cut is coming, but investors clearly don't think the reduction is enough.
Improving office real-estate market, capital-recycling moves and a robust balance sheet bode well for SL Green's (SLG) growth. However, stiff competition and rising interest rates are worrisome.
Stocks with high dividend yields can be alluring. For example, $10,000 invested into a stock with a 10% dividend yield would produce $1,000 of annual dividend income. For comparison, $10,000 invested in the S&P 500, which yields 1.6%, would only produce $160 of annual dividend income.
The COVID-19 pandemic cast a dark cloud over the office real estate investment trust (REIT) sector as it proved that companies could continue operations in a 100% remote environment. Rising inflation is causing companies also to question their spending on office space and also their commitment to expensive real estate markets. Office REIT S.L. Green (NYSE: SLG) recently cut its dividend as the Manhattan office market has been slow to recover.
SL Green (SLG) cuts its annual ordinary dividend payment by 12.9% to $3.25 per share to match its estimation of funds available for distribution for 2023. It also issues 2023 FFO per share guidance.
SL Green (SLG) introduces a European petit marche, two new French culinary destinations and a Parisian grand cafe at One Madison Avenue in association with Michelin-starred Chef Daniel Boulud.