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SL Green Realty Corp. - SLG STOCK NEWS

Welcome to our dedicated page for SL Green Realty news (Ticker: SLG), a resource for investors and traders seeking the latest updates and insights on SL Green Realty stock.

SL Green Realty Corp. (symbol: SLG) is a leading real estate investment trust (REIT) and the largest office landlord in New York City. As of December 31, 2023, the company holds interests in 58 buildings, totaling 32.5 million square feet of premier Manhattan office space. This includes 28.8 million square feet in wholly-owned properties and 2.8 million square feet securing debt and preferred equity investments.

Founded with a focus on acquiring, managing, and maximizing the value of Manhattan commercial properties, SL Green continues to set the standard in property management and development. The company has recently unveiled transformative projects such as Le Jardin sur Madison and La Tête d’Or by Daniel at One Madison Avenue, a significant new office development in Midtown South. These spaces were designed by the renowned architect David Rockwell and famed chef Daniel Boulud, enriching the building's amenities and offering unique dining and event options.

SL Green Realty Corp. has a diversified portfolio that includes high-quality retail spaces alongside its office holdings. The company constantly seeks to enhance its asset value through strategic acquisitions, development, and leasing activities. Their properties are home to numerous high-profile tenants, which underscores their strong market position and capacity for sustained growth.

Financially, SL Green continues to demonstrate robust performance. The company recently increased its 2024 earnings guidance and holds a positive outlook for its future financial health. SL Green is also committed to sustainability and has been recognized with several awards for its environmental initiatives, including the 2024 ENERGY STAR Partner of the Year Sustained Excellence Award and being featured on the Sustainalytics 2024 ESG Top-Rated Companies List.

Additionally, SL Green maintains strategic partnerships with top companies in various industries, bolstering its market presence and operational efficiency. The company frequently updates investors and stakeholders through regular conference calls, with the next one scheduled for April 18, 2024, at 2:00pm ET.

SL Green Realty Corp. remains dedicated to delivering value to its shareholders through proactive asset management, strategic growth initiatives, and a commitment to sustainability.

Rhea-AI Summary
SL Green Realty Corp. (NYSE: SLG) announces an annual ordinary dividend of $3.00 per share on its common stock, equating to a 7.5% yield on the current share price. The first monthly dividend of $0.25 per share is payable on January 16, 2024. The company also declared a regular quarterly dividend on its Series I Preferred Stock for the period October 15, 2023 through January 14, 2024 of $0.40625 per share, payable on January 16, 2024.
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SL Green Realty Corp. (NYSE:SLG) Announces Monthly Dividend of $0.2708 per Share
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SL Green Realty Corp. appoints Garrett Armwood as Vice President of Government Affairs to support New York City's recovery and growth. Armwood brings experience and connections to advocate for initiatives such as affordable housing programs and the reimagination of business districts. SL Green aims to play a leadership role in advancing the city's recovery and addressing the housing crisis.
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SL Green Realty Corp. declares monthly dividend of $0.2708 per share
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SL Green Realty Corp reports net loss for Q3 2023, revises earnings guidance
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Andrew Mathias to leave role as President of SL Green Realty Corp.
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Sales have commenced at 760 Madison Avenue, The Giorgio Armani Residences, with only five of the ten residential apartments remaining available for purchase.
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SL Green Realty Corp. completes One Madison Avenue three months ahead of schedule, receiving $577.4 million in cash from joint venture partners. The office tower offers innovative amenities and a healthy work environment. Notable tenants include Chelsea Piers Fitness, IBM, and Franklin Templeton.
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SL Green Realty Corp. to release Q3 earnings on October 18, 2023. Conference call scheduled for October 19, 2023 at 2:00pm ET.
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SL Green Realty Corp. declares monthly dividend of $0.2708 per share and quarterly dividend of $0.40625 per share
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FAQ

What is the current stock price of SL Green Realty (SLG)?

The current stock price of SL Green Realty (SLG) is $79.15 as of November 21, 2024.

What is the market cap of SL Green Realty (SLG)?

The market cap of SL Green Realty (SLG) is approximately 5.2B.

What type of properties does SL Green Realty Corp. own?

SL Green Realty Corp. owns and manages commercial properties, primarily focusing on office spaces in Manhattan. The company also has a limited portfolio of well-located retail spaces.

What is the total square footage of properties managed by SL Green Realty?

As of December 31, 2023, SL Green Realty Corp. manages a total of 32.5 million square feet of office space, with 28.8 million square feet in wholly-owned properties and 2.8 million square feet securing debt and preferred equity investments.

What notable projects has SL Green recently unveiled?

SL Green has recently unveiled Le Jardin sur Madison and La Tête d’Or by Daniel at One Madison Avenue. These spaces feature unique dining and event options, and were designed by renowned architect David Rockwell and famed chef Daniel Boulud.

How does SL Green Realty Corp. contribute to sustainability?

SL Green Realty Corp. has been recognized for its sustainability efforts with several awards, including the 2024 ENERGY STAR Partner of the Year Sustained Excellence Award and being listed on the Sustainalytics 2024 ESG Top-Rated Companies List.

Who are some of SL Green Realty Corp.’s high-profile tenants?

SL Green Realty Corp. leases its office spaces to numerous high-profile tenants across various industries, enhancing its strong market position.

What is SL Green Realty’s financial outlook for 2024?

SL Green Realty Corp. has increased its earnings guidance for 2024, reflecting a positive financial outlook and robust performance.

When is SL Green Realty’s next conference call?

The next conference call for SL Green Realty Corp. is scheduled for April 18, 2024, at 2:00pm ET.

What is SL Green Realty Corp.’s business strategy?

SL Green Realty Corp.’s business strategy focuses on acquiring, managing, and maximizing the value of Manhattan commercial properties through strategic acquisitions, development, and proactive asset management.

What awards has SL Green Realty Corp. won for its environmental initiatives?

SL Green Realty Corp. has received several awards for its environmental initiatives, including the 2024 ENERGY STAR Partner of the Year Sustained Excellence Award and a place on the Sustainalytics 2024 ESG Top-Rated Companies List.

What makes SL Green Realty Corp. a leader in the real estate market?

SL Green Realty Corp.’s leadership in the real estate market is driven by its extensive portfolio of premium properties, strategic growth initiatives, strong financial performance, and commitment to sustainability.

SL Green Realty Corp.

NYSE:SLG

SLG Rankings

SLG Stock Data

5.21B
65.18M
0.08%
91.69%
11.92%
REIT - Office
Real Estate Investment Trusts
Link
United States of America
NEW YORK