SL Green Realty Corp. (SLG) is currently priced at $42.39, showing a slight decrease of 8 cents (-0.188%) from the previous close. Trading volume stands at $157,828, marking a 10.86% deviation from the average volume.
SLG's latest quarterly earnings report, released on Tuesday, April 14th, revealed a consensus EPS estimate of -0.75577.
The company offers a forward dividend yield of 5.83%, with a dividend per share MRQ of 61.75 cents. Year-over-year, the dividend per share has decreased by -14.3807 cents, now totaling $2.42 on a trailing twelve-month basis.
SLG reported revenue of $253 million, with a gross profit of $3.27 million. Operating income stands at $28.60 million, while the net income amounted to -$78.45 million. The EPS is -$1.19, with a diluted EPS of -$1.2.
Key ratios indicate challenges, with negative net profit margin (-31%) and return on equity (-2.1). The price to book ratio is 0.7, while the price to sales ratio is 10.32.
SLG holds total assets worth $11.76 billion, with cash and cash equivalents amounting to $338.64 million. Total liabilities stand at $7.40 billion, with long-term debt at $3.41 billion.
This report provides insights into SLG's financial standing and market performance, reflecting both challenges and opportunities for investors.
SL Green Realty Corp., an S&P 500 company and 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. As of December 31, 2020, SL Green held interests in 88 buildings totaling 38.2 million square feet. This included ownership interests in 28.6 million square feet of Manhattan buildings and 8.7 million square feet securing debt and preferred equity investments.