SL Green Realty Corp which can be found using ticker (SLG) have now 16 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 84 and 18 and has a mean target at $37.19. Given that the stocks previous close was at $21.89 this would imply there is now a potential upside of 69.9%. Also worth taking note is the 50 day moving average now sits at $35.04 while the 200 day moving average is $40.92. The market capitalization for the company is $1,291m. Find out more information at: https://www.slgreen.com
The potential market cap would be $2,193m 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 13.5% with the ex dividend date set at 30-3-2023 (DMY).
