SL Green Realty Corp (SLG) EPS Estimated At $1.60

September 22, 2017 - By Vivian Currie

 SL Green Realty Corp (SLG) EPS Estimated At $1.60
Investors sentiment increased to 1.03 in Q2 2017. Its up 0.14, from 0.89 in 2017Q1. It improved, as 37 investors sold SL Green Realty Corp shares while 106 reduced holdings. 37 funds opened positions while 110 raised stakes. 100.44 million shares or 2.17% less from 102.67 million shares in 2017Q1 were reported.
Strs Ohio holds 137,092 shares or 0.06% of its portfolio. World Asset Mgmt holds 0.04% in SL Green Realty Corp (NYSE:SLG) or 10,452 shares. Parametrica Mgmt Limited, a Hong Kong-based fund reported 2,309 shares. Nikko Asset Management Americas holds 2,300 shares or 0.01% of its portfolio. Amalgamated National Bank holds 0.04% of its portfolio in SL Green Realty Corp (NYSE:SLG) for 11,207 shares. Cbre Clarion Securities Limited Liability Corporation reported 3.30 million shares. 99,324 are owned by Teachers Insurance & Annuity Association Of America. Putnam Ltd Liability Com accumulated 1,996 shares or 0% of the stock. Aqr Management accumulated 13,665 shares. 167,333 were reported by Wells Fargo & Com Mn. Adage Ptnrs Group Inc Limited Liability Company invested 0.04% of its portfolio in SL Green Realty Corp (NYSE:SLG). Sei Com has 0.06% invested in SL Green Realty Corp (NYSE:SLG) for 150,297 shares. Systematic Mgmt Lp, New Jersey-based fund reported 455,332 shares. Us Bancorporation De holds 0% or 1,989 shares in its portfolio. 65,620 were accumulated by Bnp Paribas Asset Mgmt Holdings Sa.

Wall Street await SL Green Realty Corp (NYSE:SLG) to release earnings on October, 18. Analysts forecast earnings per share of $1.60, down exactly $0.03 or 1.84 % from 2014’s $1.63 EPS. The expected SLG’s profit could reach $158.38 million giving the stock 15.72 P/E in the case that $1.60 earnings per share is reported. After posting $1.78 EPS for the previous quarter, SL Green Realty Corp’s analysts now forecast -10.11 % negative EPS growth. About 499,323 shares traded. SL Green Realty Corp (NYSE:SLG) has risen 3.99% since September 22, 2016 and is uptrending. It has underperformed by 12.71% the S&P500.

SL Green Realty Corp (NYSE:SLG) Ratings Coverage

Among 21 analysts covering SL Green Realty Corp. (NYSE:SLG), 9 have Buy rating, 0 Sell and 12 Hold. Therefore 43% are positive. SL Green Realty Corp. had 62 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, August 14 by Zacks. SunTrust maintained the stock with “Neutral” rating in Wednesday, August 12 report. BB&T Capital initiated it with “Buy” rating and $137.0 target in Friday, November 13 report. The firm has “Buy” rating given on Thursday, August 24 by KeyBanc Capital Markets. The firm has “Outperform” rating by Robert W. Baird given on Thursday, January 7. UBS upgraded SL Green Realty Corp (NYSE:SLG) on Thursday, July 13 to “Buy” rating. Stifel Nicolaus maintained the shares of SLG in report on Wednesday, August 2 with “Hold” rating. The stock has “Neutral” rating by Bank of America on Wednesday, August 16. The stock of SL Green Realty Corp (NYSE:SLG) has “Hold” rating given on Thursday, August 20 by Stifel Nicolaus. The rating was maintained by Jefferies with “Hold” on Tuesday, September 5.

SL Green Realty Corp. is a self-managed real estate investment trust , with in-house capabilities in property management, acquisitions and dispositions, financing, development and redevelopment, construction and leasing. The company has market cap of $9.96 billion. The Firm operates through two divisions: real estate, and debt and preferred equity investments. It has a 103.89 P/E ratio. It acquires, owns, repositions, manages and leases commercial office, retail and multifamily properties in the New York Metropolitan area.

More notable recent SL Green Realty Corp (NYSE:SLG) news were published by: Crainsnewyork.com which released: “The largest landlords in Midtown East” on September 14, 2017, also Nypost.com with their article: “Consulting firm could be One Vanderbilt’s next large tenant” published on September 20, 2017, Businesswire.com published: “SL Green Realty Corp. Announces $0.775 Dividend on Its Common Stock for Third …” on September 19, 2017. More interesting news about SL Green Realty Corp (NYSE:SLG) were released by: Businesswire.com and their article: “SL Green Realty Corp. President to Participate in the Evercore ISI Annual Real …” published on September 06, 2017 as well as Seekingalpha.com‘s news article titled: “SL Green Realty (SLG) Presents at Bank of America Merrill Lynch 2017 Global …” with publication date: September 13, 2017.

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