SL Green Realty Corp which can be found using ticker (SLG) have now 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 84 and 29 and has a mean target at $41.60. Given that the stocks previous close was at $29.04 this would indicate that there is a potential upside of 43.3%. It’s also worth noting that there is a 50 day moving average of $36.55 and the 200 day MA is $42.20. The company has a market capitalization of $1,811m. Visit the company website at: https://www.slgreen.com
The potential market cap would be $2,594m based on the market consensus.
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.
The company has a dividend yield of 10.3% with the ex dividend date set at 27-2-2023 (DMY).
