SL Green Realty Corp with 13.06% dividend yield – Consensus ‘Hold’ Rating and 23.6% Potential Upside

Broker Ratings
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SL Green Realty Corp with ticker code (SLG) now have 16 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The target price High/Low ranges between 84 and 17 calculating the average target price we see $30.75. Given that the stocks previous close was at $24.88 this is indicating there is a potential upside of 23.6%. There is a 50 day moving average of $28.83 while the 200 day moving average is $38.28. The market cap for the company is $1,557m. Find out more information at: https://www.slgreen.com

The potential market cap would be $1,925m based on the market consensus.

SL Green Realty Corp., 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, 2022, SL Green held interests in 61 buildings totaling 33.1 million square feet. This included ownership interests in 28.9 million square feet of Manhattan buildings and 3.4 million square feet securing debt and preferred equity investments.

The company has a dividend yield of 13.06% with the ex dividend date set at 27-4-2023 (DMY).

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