SL Green Realty Corp with 16% dividend yield – Consensus ‘Hold’ Rating and 65.9% Potential Upside

Broker Ratings
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SL Green Realty Corp with ticker code (SLG) now have 16 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 84 and 17 suggesting an average Analsyt target price of $33.69. Now with the previous closing price of $20.31 this now indicates there is a potential upside of 65.9%. The day 50 moving average is $34.02 and the 200 day moving average is $40.38. The company has a market cap of $1,334m. You can visit the company’s website by visiting: https://www.slgreen.com

The potential market cap would be $2,213m 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 16% with the ex dividend date set at 30-3-2023 (DMY).

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