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

June 13, 2018 - By Hannah Black

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 is negative, 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.
Invesco Limited invested 0.11% of its portfolio in SL Green Realty Corp. (NYSE:SLG). Pnc Financial Gru Inc has 0% invested in SL Green Realty Corp. (NYSE:SLG). Bokf Na reported 0.02% stake. Norinchukin State Bank The owns 8,973 shares or 0.01% of their US portfolio. Phocas Financial holds 0.09% of its portfolio in SL Green Realty Corp. (NYSE:SLG) for 12,788 shares. 43,229 are owned by Sg Americas Secs Ltd Liability Co. Balyasny Asset Mngmt Limited Liability Corp reported 0.01% of its portfolio in SL Green Realty Corp. (NYSE:SLG). Boston holds 2.34 million shares. Mackay Shields Limited Liability Com has invested 0.01% in SL Green Realty Corp. (NYSE:SLG). British Columbia Investment Mngmt Corp accumulated 36,933 shares. Davis Selected Advisers reported 0.05% stake. Axa invested in 0% or 2,953 shares. Franklin Resources holds 0.01% or 136,437 shares. Intact Inv Management holds 24,500 shares or 0.09% of its portfolio. Everence Mngmt Inc has 2,780 shares.

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

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 $157.41 million giving it 14.17 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 decreased 1.70% or $1.66 during the last trading session, reaching $95.79. About 1.36M shares traded or 46.51% up from the average. SL Green Realty Corp. (NYSE:SLG) has declined 6.62% since June 14, 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. Robert W. Baird maintained the stock with “Buy” rating in Monday, January 8 report. The stock of SL Green Realty Corp. (NYSE:SLG) earned “Hold” rating by Jefferies on Tuesday, January 30. BMO Capital Markets maintained the shares of SLG in report on Tuesday, January 9 with “Buy” rating. The stock of SL Green Realty Corp. (NYSE:SLG) has “Buy” rating given on Tuesday, April 24 by Robert W. Baird. On Wednesday, January 24 the stock rating was maintained by Jefferies with “Hold”. Jefferies initiated the shares of SLG in report on Monday, February 26 with “Buy” rating. The company was maintained on Monday, April 23 by Sandler O’Neill. On Thursday, January 25 the stock rating was maintained by Robert W. Baird with “Buy”. The company was downgraded on Friday, March 9 by SunTrust. The stock has “Buy” rating by BMO Capital Markets on Wednesday, January 24.

SL Green Realty Corp. is a real estate investment trust . The company has market cap of $8.92 billion. The firm engages in the property management, acquisitions, financing, development, construction, and leasing. It has a 109.6 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 Businesswire.com which published an article titled: “SL Green Announces Retail Transactions” on June 04, 2018.

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

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