Analysts See $1.69 EPS for SL Green Realty Corp. (SLG)

June 16, 2018 - By Peter Erickson

SL Green Realty Corp. (NYSE:SLG) LogoInvestors sentiment decreased to 0.83 in 2018 Q1. Its down 0.12, from 0.95 in 2017Q4. It dived, as 37 investors sold SL Green Realty Corp. shares while 118 reduced holdings. 30 funds opened positions while 98 raised stakes. 87.50 million shares or 1.53% less from 88.86 million shares in 2017Q4 were reported.
Lord Abbett & Limited Liability holds 0.1% of its portfolio in SL Green Realty Corp. (NYSE:SLG) for 357,800 shares. Northwestern Mutual Wealth has 49 shares. Norinchukin Natl Bank The accumulated 8,973 shares. California Pub Employees Retirement reported 251,065 shares. Oppenheimer And Incorporated, a New York-based fund reported 13,775 shares. Sun Life invested 0% in SL Green Realty Corp. (NYSE:SLG). Canada Pension Plan Board holds 0.03% or 193,811 shares in its portfolio. Ny State Common Retirement Fund has 203,800 shares. Rampart Invest Co Ltd Co reported 998 shares or 0.01% of all its holdings. Alpine Woods Cap Ltd Limited Liability Company invested 0.26% of its portfolio in SL Green Realty Corp. (NYSE:SLG). 2,953 were accumulated by Axa. Ohio-based Keybank Natl Association Oh has invested 0% in SL Green Realty Corp. (NYSE:SLG). 8,075 were accumulated by Bridgewater Assoc Limited Partnership. Boothbay Fund Mngmt Lc has 4,458 shares for 0.05% of their portfolio. Prelude Mgmt Ltd Liability has 4,601 shares for 0.03% of their portfolio.

Since January 29, 2018, it had 1 insider purchase, and 1 sale for $1.30 million activity. HOLLIDAY MARC also bought $198,576 worth of SL Green Realty Corp. (NYSE:SLG) shares.

Analysts expect SL Green Realty Corp. (NYSE:SLG) to report $1.69 EPS on July, 18.They anticipate $0.09 EPS change or 5.06 % from last quarter’s $1.78 EPS. SLG’s profit would be $157.40 million giving it 14.69 P/E if the $1.69 EPS is correct. After having $1.66 EPS previously, SL Green Realty Corp.’s analysts see 1.81 % EPS growth. The stock increased 1.51% or $1.48 during the last trading session, reaching $99.32. About 2.01 million shares traded or 113.65% up from the average. SL Green Realty Corp. (NYSE:SLG) has declined 6.62% since June 16, 2017 and is downtrending. It has underperformed by 19.19% the S&P500.

SL Green Realty Corp. (NYSE:SLG) Ratings Coverage

Among 9 analysts covering SL Green Realty (NYSE:SLG), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 56% are positive. SL Green Realty had 17 analyst reports since January 8, 2018 according to SRatingsIntel. The rating was maintained by BMO Capital Markets with “Buy” on Tuesday, January 9. Robert W. Baird maintained the shares of SLG in report on Thursday, January 25 with “Buy” rating. The firm has “Hold” rating given on Wednesday, January 24 by Jefferies. The firm has “Hold” rating given on Tuesday, January 30 by Jefferies. The rating was maintained by BMO Capital Markets on Tuesday, February 27 with “Buy”. The stock of SL Green Realty Corp. (NYSE:SLG) has “Underperform” rating given on Monday, March 5 by Evercore. The company was downgraded on Friday, March 9 by SunTrust. The stock has “Buy” rating by Jefferies on Monday, February 26. Robert W. Baird maintained the shares of SLG in report on Tuesday, April 24 with “Buy” rating. The firm has “Buy” rating by Sandler O’Neill given on Monday, April 23.

SL Green Realty Corp. is a real estate investment trust . The company has market cap of $9.25 billion. The firm engages in the property management, acquisitions, financing, development, construction, and leasing. It has a 113.64 P/E ratio. It also provides tenant services to its clients.

More news for SL Green Realty Corp. (NYSE:SLG) were recently published by: Businesswire.com, which released: “SL Green Realty Corp. Announces Common and Preferred Stock Dividends for Second Quarter 2018” on June 15, 2018. Seekingalpha.com‘s article titled: “SL Green boosts stock buyback program by $500M” and published on June 14, 2018 is yet another important article.

SL Green Realty Corp. (NYSE:SLG) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.