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

June 15, 2018 - By Sophie Menendez

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 fall, 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.
Telos Cap Mgmt Inc invested 0.14% of its portfolio in SL Green Realty Corp. (NYSE:SLG). State Of Alaska Department Of Revenue holds 53,670 shares or 0.11% of its portfolio. Davis Selected Advisers accumulated 118,170 shares. Sterling Capital Mgmt Limited Liability Corp has 195,350 shares. Pggm accumulated 2.00 million shares. Principal Fincl stated it has 0.19% in SL Green Realty Corp. (NYSE:SLG). Commercial Bank Of America De owns 0% invested in SL Green Realty Corp. (NYSE:SLG) for 103,513 shares. United Kingdom-based Artemis Management Llp has invested 0.31% in SL Green Realty Corp. (NYSE:SLG). Utah Retirement Sys owns 22,195 shares. Aviva Pcl reported 0.21% of its portfolio in SL Green Realty Corp. (NYSE:SLG). Moreover, Hsbc Hldgs Public Limited has 0.05% invested in SL Green Realty Corp. (NYSE:SLG). Kentucky Retirement Systems has 0.04% invested in SL Green Realty Corp. (NYSE:SLG). Ellington Mngmt Group Llc reported 4,700 shares. Cleararc Cap holds 0.03% of its portfolio in SL Green Realty Corp. (NYSE:SLG) for 2,328 shares. Caisse De Depot Et Placement Du Quebec accumulated 5,353 shares.

Since January 29, 2018, it had 1 insider buy, and 1 insider sale for $1.30 million activity. $198,576 worth of stock was bought by HOLLIDAY MARC on Monday, January 29.

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 $157.41M giving it 14.47 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 2.14% or $2.05 during the last trading session, reaching $97.84. About 1.15M shares traded or 23.05% up from the average. SL Green Realty Corp. (NYSE:SLG) has declined 6.62% since June 15, 2017 and is downtrending. It has underperformed by 19.19% the S&P500.

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

Among 8 analysts covering SL Green Realty (NYSE:SLG), 5 have Buy rating, 1 Sell and 2 Hold. Therefore 63% are positive. SL Green Realty had 16 analyst reports since January 8, 2018 according to SRatingsIntel. The stock has “Hold” rating by Jefferies on Tuesday, January 30. Jefferies maintained the stock with “Hold” rating in Wednesday, April 18 report. The stock of SL Green Realty Corp. (NYSE:SLG) earned “Buy” rating by BMO Capital Markets on Wednesday, January 24. As per Tuesday, April 24, the company rating was maintained by Robert W. Baird. The stock of SL Green Realty Corp. (NYSE:SLG) has “Buy” rating given on Monday, January 22 by SunTrust. On Tuesday, April 24 the stock rating was maintained by JP Morgan with “Overweight”. On Monday, January 8 the stock rating was maintained by Robert W. Baird with “Buy”. The firm has “Buy” rating by BMO Capital Markets given on Tuesday, January 9. The stock has “Buy” rating by Stifel Nicolaus on Friday, January 26. The firm earned “Buy” rating on Tuesday, February 27 by BMO Capital Markets.

SL Green Realty Corp. is a real estate investment trust . The company has market cap of $9.11 billion. The firm engages in the property management, acquisitions, financing, development, construction, and leasing. It has a 111.95 P/E ratio. It also provides tenant services to its clients.

Another recent and important SL Green Realty Corp. (NYSE:SLG) news was published by Seekingalpha.com which published an article titled: “SL Green boosts stock buyback program by $500M” on June 14, 2018.

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

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