SL Green Realty Corp with 13.74% dividend yield – Consensus ‘Hold’ Rating and 33.2% 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 with the average target price sitting at $31.50. Now with the previous closing price of $23.65 and the analysts are correct then we can expect a percentage increase in value of 33.2%. Also worth taking note is the 50 day moving average now sits at $32.08 while the 200 day moving average is $39.46. The market capitalization for the company is $1,523m. Find out more information at: https://www.slgreen.com

The potential market cap would be $2,029m 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 13.74% with the ex dividend date set at 30-3-2023 (DMY).

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