SL Green Realty Corp with 16.28% dividend yield – Consensus Indicates Potential 78.5% Upside

Broker Ratings
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SL Green Realty Corp which can be found using ticker (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 18 suggesting an average Analsyt target price of $35.63. Given that the stocks previous close was at $19.96 this would indicate that there is a potential upside of 78.5%. The 50 day MA is $34.71 and the 200 day moving average is $40.73. The market cap for the company is $1,326m. Find out more information at: https://www.slgreen.com

The potential market cap would be $2,367m 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 16.28% with the ex dividend date set at 30-3-2023 (DMY).

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