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

September 17, 2017 - By Dolores Ford

 SL Green Realty Corp (SLG) EPS Estimated At $1.60
Investors sentiment decreased to 1.08 in 2016 Q4. Its down 0.10, from 1.18 in 2016Q3. It dropped, as 45 investors sold SL Green Realty Corp shares while 109 reduced holdings. 39 funds opened positions while 127 raised stakes. 102.70 million shares or 0.29% less from 103.00 million shares in 2016Q3 were reported.
Caisse De Depot Et Placement Du Quebec holds 58,353 shares. Rhumbline Advisers owns 191,237 shares. Somerset Communication holds 4,035 shares or 0.26% of its portfolio. Nomura Asset Mgmt holds 84,913 shares or 0.16% of its portfolio. Highbridge Mgmt Ltd Com accumulated 77,368 shares. Blackrock Grp Inc Limited holds 0.07% or 1.36 million shares in its portfolio. Bancorporation Of Mellon holds 0.05% in SL Green Realty Corp (NYSE:SLG) or 1.64 million shares. Cibc Mkts Corporation reported 6,981 shares. Neuberger Berman Gp Ltd reported 0.03% of its portfolio in SL Green Realty Corp (NYSE:SLG). The California-based California State Teachers Retirement Systems has invested 0.05% in SL Green Realty Corp (NYSE:SLG). Landscape Capital Mngmt Limited Co holds 0.91% or 62,200 shares. Endeavour Advsrs invested 0.41% of its portfolio in SL Green Realty Corp (NYSE:SLG). Rafferty Asset Management Limited Com owns 4,907 shares. Deutsche Retail Bank Ag has 480,512 shares for 0.04% of their portfolio. Moreover, Stifel has 0% invested in SL Green Realty Corp (NYSE:SLG).

Investors wait SL Green Realty Corp (NYSE:SLG) to report on October, 18. its quarterly earnings Wall Street analysts expect $1.60 earnings per share, down $0.03 or 1.84 % from last year’s $1.63 same quarter earnings. This translates into $158.31 million profit for SLG giving the stock a 15.38 P/E. This is assuming the current $1.60 EPS is accurate. SL Green Realty Corp’s Wall Street analysts see -10.11 % negative EPS growth, taking into account the $1.78 EPS reproted in the previous quarter, The stock increased 0.61% or $0.6 on September 15, reaching $98.44. About 2.18M shares traded or 199.40% up from the average. SL Green Realty Corp (NYSE:SLG) has risen 3.99% since September 17, 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 60 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, August 15 by Stifel Nicolaus. Morgan Stanley downgraded SL Green Realty Corp (NYSE:SLG) on Tuesday, June 13 to “Equal-Weight” rating. The firm has “Buy” rating by BMO Capital Markets given on Friday, September 8. TheStreet upgraded SL Green Realty Corp (NYSE:SLG) on Friday, October 23 to “Buy” rating. The firm has “Hold” rating given on Monday, August 17 by Zacks. The stock of SL Green Realty Corp (NYSE:SLG) earned “Hold” rating by Jefferies on Friday, April 21. The stock of SL Green Realty Corp (NYSE:SLG) earned “Buy” rating by UBS on Thursday, July 13. The company was maintained on Tuesday, September 5 by Jefferies. On Thursday, January 7 the stock rating was upgraded by Robert W. Baird to “Outperform”. The rating was upgraded by Credit Suisse to “Neutral” on Tuesday, April 12.

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 $9.74 billion. The Firm operates through two divisions: real estate, and debt and preferred equity investments. It has a 101.64 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: Businesswire.com which released: “SL Green Realty Corp. President to Participate in the Evercore ISI Annual Real …” on September 06, 2017, also Pehub.com with their article: “RXR Realty and SL Green Realty Corp buy stake in midtown Manhattan office property” published on September 14, 2017, Zacks.com published: “SL Green (SLG), RXR Buy Stake in Manhattan’s Worldwide Plaza” on September 15, 2017. More interesting news about SL Green Realty Corp (NYSE:SLG) were released by: Finance.Yahoo.com and their article: “Vornado (VNO), SL Green (SLG) Refinance $1.2 Billion Loan” published on August 25, 2017 as well as Finance.Yahoo.com‘s news article titled: “SL Green (SLG) Down 3.4% Since Earnings Report: Can It Rebound?” with publication date: August 22, 2017.

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