SL Green Realty (NYSE:SLG) issued its quarterly earnings data on Tuesday. The real estate investment trust reported $1.51 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.62 by ($0.11), MarketWatch Earnings reports. The business had revenue of $184.61 million during the quarter, compared to the consensus estimate of $182.52 million. SL Green Realty had a return on equity of 5.79% and a net margin of 32.04%. SL Green Realty’s quarterly revenue was down 5.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.76 earnings per share.
Shares of NYSE:SLG opened at $75.07 on Friday. The company’s fifty day moving average is $78.95. The stock has a market capitalization of $5.21 billion, a PE ratio of 11.67, a price-to-earnings-growth ratio of 5.04 and a beta of 1.66. SL Green Realty has a 12-month low of $40.47 and a 12-month high of $85.65. The company has a quick ratio of 3.35, a current ratio of 3.35 and a debt-to-equity ratio of 1.08.
The business also recently disclosed a monthly dividend, which was paid on Thursday, July 15th. Shareholders of record on Wednesday, June 30th were paid a dividend of $0.3033 per share. This represents a $3.64 dividend on an annualized basis and a yield of 4.85%. The ex-dividend date of this dividend was Tuesday, June 29th. SL Green Realty’s payout ratio is 51.20%.
SL Green Realty Company Profile
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.
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