SL Green Realty Stock News

Historically, common stock offerings often lead to a 50% price drop (or more) within 18 months, as noted by David Dreman in "Contrarian Investing". Kenneth Fischer's "Super Stocks" highlights that stocks in recovery phases can defy this trend. SL Green appears to be recovering from a multi-year down cycle, suggesting potential for stock price appreciation as management uses funds for business e...

NEW YORK, Nov. 21, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (the “Company”) (NYSE: SLG) announced today that it priced an underwritten public offering of 5,063,291 shares of its common stock, par value $0.01 per share (the “Common Stock”), at a price to the public of $79.00 per share. In connection with the offering, the Company has granted the underwriters an option to purchase up to an ...

NEW YORK, Nov. 21, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (the “Company”) (NYSE: SLG) announced today the commencement of an underwritten public offering of $400,000,000.00 of shares of its common stock, par value $0.01 per share (the “Common Stock”). In connection with the offering, the Company intends to grant the underwriters an option for 30 days to purchase up to an additional $60,...

Transaction Affirms Trophy Tower's Status as the Premier Office Property in NYC Transaction Affirms Trophy Tower's Status as the Premier Office Property in NYC

NEW YORK, Nov. 20, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that it has closed on a modification and extension of the $742.8 million mortgage on 1515 Broadway. The modification extended the maturity date by three years, as fully extended, to March 2028 and the interest rate was maintained at 3.93%.

NEW YORK, Nov. 18, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, today announced that its board of directors has declared a monthly ordinary dividend of $0.25 per share of common stock, which is the equivalent of an annualized dividend of $3.00 per share. The dividend is payable in cash on December 16, 2024 to shareholders of record at the close...

Not everything is perfect in REIT world. On the contrary, this is a sector in which you need to be very selective. Here are 5 types of REITs to avoid at all cost:

Not all REITs are worth buying. This is a vast sector, and you need to be very selective. I highlight 2 REITs to sell and a better alternative.