Media headlines about SL Green Realty (NYSE:SLG) have been trending somewhat positive recently, Accern reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. SL Green Realty earned a news impact score of 0.13 on Accern’s scale. Accern also gave headlines about the real estate investment trust an impact score of 47.1569377115545 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

SLG stock opened at $105.86 on Friday. The company has a quick ratio of 2.73, a current ratio of 2.73 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $8.99 billion, a PE ratio of 16.41, a P/E/G ratio of 3.22 and a beta of 1.09. SL Green Realty has a 1 year low of $89.46 and a 1 year high of $106.35.

SL Green Realty (NYSE:SLG) last posted its quarterly earnings results on Wednesday, July 18th. The real estate investment trust reported $1.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.68 by $0.01. The business had revenue of $301.10 million during the quarter, compared to analyst estimates of $241.47 million. SL Green Realty had a return on equity of 4.24% and a net margin of 21.45%. The business’s revenue was down 24.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.78 earnings per share. equities research analysts predict that SL Green Realty will post 6.75 EPS for the current fiscal year.

Several research firms have commented on SLG. TheStreet upgraded SL Green Realty from a “c+” rating to a “b-” rating in a research note on Friday, August 10th. ValuEngine upgraded SL Green Realty from a “sell” rating to a “hold” rating in a research note on Tuesday, July 31st. Morgan Stanley cut their price objective on SL Green Realty from $104.00 to $97.00 and set an “equal weight” rating for the company in a research note on Thursday, June 14th. BMO Capital Markets reiterated a “$100.62” rating and set a $115.00 price objective on shares of SL Green Realty in a research note on Wednesday, July 18th. Finally, Robert W. Baird set a $106.00 price objective on SL Green Realty and gave the stock a “buy” rating in a research note on Tuesday, April 24th. One analyst has rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $110.25.

In other news, President Andrew W. Mathias sold 65,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 8th. The stock was sold at an average price of $105.34, for a total value of $6,847,100.00. Following the completion of the sale, the president now directly owns 277,720 shares in the company, valued at $29,255,024.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 3.65% of the stock is owned by corporate insiders.

SL Green Realty Company Profile

SL Green Realty Corp., an S&P 500 company and New York City'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 March 31, 2018, SL Green held interests in 118 Manhattan buildings totaling 49.9 million square feet.

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Insider Buying and Selling by Quarter for SL Green Realty (NYSE:SLG)

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