A director at SL Green Realty Corp sold 3,455 shares at 66.300USD and the significance rating of the trade was 65/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years cle...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
The independent financial analyst theScreener just awarded an improved star rating to SL GREEN REALTY (US), active in the Real Estate Holding & Development industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 3 out of 4 possible stars. Given its market behaviour as risky, theScreener considers that these elements allowing slightly upgrading its general evaluation to Slightly Negative; the title, however, remains unattractive. As of the analysis...
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
Shares of SL Green are up around 3% after the company reported impressive second-quarter results, suggesting that investor trepidation surrounding the New York City office market is unwarranted. The company reported funds from operations of $1.82 per share, up from $1.69 in the second quarter of 2018. We think these results support our assertion that the long-term prospects for the Manhattan office market remain robust despite a recent flurry of supply additions, most notably the Hudson Yards de...
SL Green continues to lead the way in the Manhattan commercial real estate market. Its portfolio of Class A and trophy properties should continue to attract the most elite tenants with the deepest pockets, and with the cost of its newest development, One Vanderbilt, exceeding $3 billion, the company certainly needs it. Overall, we think SL Green’s portfolio contains the best properties in the best market. Office space will see about 18 million square feet of incoming supply over the next sever...
SL Green reported decent first-quarter results largely in line with our expectations, with the company reporting funds from operations of $1.68 per share compared with $1.66 per share in the first quarter of 2018. With these recent results, we maintain our long-term thesis that SL Green’s high-quality Manhattan assets will continue to attract elite tenants with deep pockets. Accordingly, we expect to maintain our fair value estimate for no-moat SL Green at $102 per share. During the first qua...
Shares of SL Green are up around 3% after the company reported impressive second-quarter results, suggesting that investor trepidation surrounding the New York City office market is unwarranted. The company reported funds from operations of $1.82 per share, up from $1.69 in the second quarter of 2018. We think these results support our assertion that the long-term prospects for the Manhattan office market remain robust despite a recent flurry of supply additions, most notably the Hudson Yards de...
SL Green reported decent first-quarter results largely in line with our expectations, with the company reporting funds from operations of $1.68 per share compared with $1.66 per share in the first quarter of 2018. With these recent results, we maintain our long-term thesis that SL Green’s high-quality Manhattan assets will continue to attract elite tenants with deep pockets. Accordingly, we expect to maintain our fair value estimate for no-moat SL Green at $102 per share. During the first qua...
SL Green reported decent first-quarter results largely in line with our expectations, with the company reporting funds from operations of $1.68 per share compared with $1.66 per share in the first quarter of 2018. With these recent results, we maintain our long-term thesis that SL Green’s high-quality Manhattan assets will continue to attract elite tenants with deep pockets. Accordingly, we expect to maintain our fair value estimate for no-moat SL Green at $102 per share. During the first qua...
SL Green continues to lead the way in the Manhattan commercial real estate market. Its portfolio of Class A and trophy properties should continue to attract the most elite tenants with the deepest pockets, and with the cost of its newest development, One Vanderbilt, exceeding $3 billion, the company certainly needs it. Overall, we think SL Green’s portfolio contains the best properties in the best market. Office space will see about 18 million square feet of incoming supply over the next sever...
No-moat-rated SL Green Realty delivered full-year results that were reasonable, but somewhat worse than we had anticipated. Funds from operations increased 2.6% to $6.62 per share, which largely reflects flat same-store occupancy at around 95.7% and somewhat lower-than-expected re-leasing spreads. That said, SL Green's same-store net operating income grew at 4.9%, which demonstrates the health of SL Green’s core portfolio. The New York landlord is disposing of several of its joint venture proj...
No-moat-rated SL Green Realty delivered full-year results that were reasonable, but somewhat worse than we had anticipated. Funds from operations increased 2.6% to $6.62 per share, which largely reflects flat same-store occupancy at around 95.7% and somewhat lower-than-expected re-leasing spreads. That said, SL Green's same-store net operating income grew at 4.9%, which demonstrates the health of SL Green’s core portfolio. The New York landlord is disposing of several of its joint venture proj...
No-moat-rated SL Green Realty delivered full-year results that were reasonable, but somewhat worse than we had anticipated. Funds from operations increased 2.6% to $6.62 per share, which largely reflects flat same-store occupancy at around 95.7% and somewhat lower-than-expected re-leasing spreads. That said, SL Green's same-store net operating income grew at 4.9%, which demonstrates the health of SL Green’s core portfolio. The New York landlord is disposing of several of its joint venture proj...
SL Green continues to lead the way in the Manhattan commercial real estate market. Its portfolio of Class A and trophy properties will continue to attract the most elite tenants with the deepest pockets, and with the cost of its newest development, One Vanderbilt, exceeding $3 billion, the company certainly needs it. Overall, we think SL Green’s portfolio contains the best properties in the best market. Office space will see about 18 million square feet of incoming supply over the next several...
SL Green reported a reasonable third quarter that was slightly below our expectations, but these results do not change our long-term view of the firm, and we do not anticipate making major changes to our fair value estimate of $114 per share or no-moat rating. Although revenue dropped from the third quarter in 2017, which reflects continued softness in Manhattan re-leasing spreads versus our long-term expectations, 5% versus our expected 12%, we are withholding judgment for the moment because th...
SL Green reported a reasonable third quarter that was slightly below our expectations, but these results do not change our long-term view of the firm, and we do not anticipate making major changes to our fair value estimate of $114 per share or no-moat rating. Although revenue dropped from the third quarter in 2017, which reflects continued softness in Manhattan re-leasing spreads versus our long-term expectations, 5% versus our expected 12%, we are withholding judgment for the moment because th...
SL Green reported a reasonable third quarter that was slightly below our expectations, but these results do not change our long-term view of the firm, and we do not anticipate making major changes to our fair value estimate of $114 per share or no-moat rating. Although revenue dropped from the third quarter in 2017, which reflects continued softness in Manhattan re-leasing spreads versus our long-term expectations, 5% versus our expected 12%, we are withholding judgment for the moment because th...
SL Green continues to lead the way in the Manhattan commercial real estate market. Its portfolio of Class A and trophy properties will continue to attract the most elite tenants with the deepest pockets, and with the cost of its newest development, One Vanderbilt, exceeding $3 billion, the company certainly needs it. Overall, we think SL Green’s portfolio contains the best properties in the best market. Office space will see about 18 million square feet of incoming supply over the next several...
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