SL Green Realty Corporation (SLG) Earns Media Impact Rating of 0.15
Media headlines about SL Green Realty Corporation (NYSE:SLG) have been trending somewhat positive on Sunday, Accern Sentiment reports. Accern scores the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. SL Green Realty Corporation earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned news headlines about the real estate investment trust an impact score of 46.8786003332304 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:
- No, the housing market isn’t experiencing a ‘Trump bump’ (finance.yahoo.com)
- SL Green Realty Corporation (SLG) to Post FY2017 Earnings of $6.42 Per Share, KeyCorp Forecasts (americanbankingnews.com)
- SL Green Realty Corporation (SLG) Upgraded to “Hold” by Zacks Investment Research (americanbankingnews.com)
- SL Green Realty Corporation (SLG) Given “Buy” Rating at KeyCorp (americanbankingnews.com)
SLG has been the subject of several analyst reports. UBS AG raised shares of SL Green Realty Corporation from a “neutral” rating to a “buy” rating and set a $117.00 price target for the company in a research report on Thursday, July 13th. Citigroup Inc. decreased their price target on shares of SL Green Realty Corporation from $129.00 to $125.00 and set a “buy” rating for the company in a research report on Wednesday, July 26th. KeyCorp reissued a “buy” rating and set a $130.00 price target on shares of SL Green Realty Corporation in a research report on Friday, August 25th. BMO Capital Markets reissued a “buy” rating and set a $125.00 price target on shares of SL Green Realty Corporation in a research report on Thursday, October 19th. Finally, SunTrust Banks, Inc. set a $115.00 price target on shares of SL Green Realty Corporation and gave the company a “buy” rating in a research report on Saturday, October 21st. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the stock. SL Green Realty Corporation presently has a consensus rating of “Hold” and an average target price of $115.00.
SL Green Realty Corporation (SLG) opened at $94.15 on Friday. The company has a market cap of $9,273.87, a P/E ratio of 15.02, a P/E/G ratio of 3.22 and a beta of 1.16. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.11 and a quick ratio of 0.11. SL Green Realty Corporation has a 1 year low of $93.90 and a 1 year high of $115.34.
SL Green Realty Corporation (NYSE:SLG) last announced its quarterly earnings data on Wednesday, October 18th. The real estate investment trust reported $0.40 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.57 by ($1.17). The company had revenue of $319.50 million during the quarter, compared to analysts’ expectations of $326.70 million. SL Green Realty Corporation had a net margin of 7.70% and a return on equity of 1.51%. The business’s revenue for the quarter was down 4.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.63 earnings per share. research analysts anticipate that SL Green Realty Corporation will post 6.45 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Investors of record on Monday, October 2nd were given a $0.775 dividend. This represents a $3.10 annualized dividend and a dividend yield of 3.29%. The ex-dividend date was Friday, September 29th. SL Green Realty Corporation’s payout ratio is currently 300.97%.
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SL Green Realty Corporation Company Profile
SL Green Realty Corp. is a self-managed real estate investment trust (REIT), with in-house capabilities in property management, acquisitions and dispositions, financing, development and redevelopment, construction and leasing. The Company operates through two segments: real estate, and debt and preferred equity investments.
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