Latest news with #SLG
Yahoo
20-05-2025
- Business
- Yahoo
SL Green Realty Corp. (SLG) Declares a Monthly Dividend on Common Shares
On May 19, SL Green Realty Corp. (NYSE:SLG) declared a monthly dividend of $0.2575 per share, which was in line with its previous dividend. SL Green Realty Corp. (NYSE:SLG) is an American real estate investment trust (REIT) and Manhattan's biggest office landlord. The company focuses on acquiring, managing, and enhancing the value of commercial properties across Manhattan. As a REIT, SL Green Realty Corp. (NYSE:SLG) follows a solid dividend policy, making it an appealing choice for income-focused investors. One key advantage is that it distributes dividends every month. In fact, it has consistently paid regular dividends on its common shares since 1997. Most recently, in December 2024, it increased its monthly dividend by 3%. As of March 31, 2025, SL Green Realty Corp. (NYSE:SLG) had ownership stakes in 55 buildings, covering a total of 30.8 million square feet. This portfolio included 27.2 million square feet of property located in Manhattan and an additional 2.8 million square feet tied to its debt and preferred equity investments. Following the latest dividend announcement, the stock is set to trade ex-dividend on May 30. SLG has a dividend yield of 5.29%, as of May 19. The stock has surged by over 11% in the past 12 months. While we acknowledge the potential of SLG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SLG and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and Disclosure. None. Sign in to access your portfolio
Yahoo
20-05-2025
- Business
- Yahoo
SL Green Realty Corp. (SLG) Declares a Monthly Dividend on Common Shares
On May 19, SL Green Realty Corp. (NYSE:SLG) declared a monthly dividend of $0.2575 per share, which was in line with its previous dividend. SL Green Realty Corp. (NYSE:SLG) is an American real estate investment trust (REIT) and Manhattan's biggest office landlord. The company focuses on acquiring, managing, and enhancing the value of commercial properties across Manhattan. As a REIT, SL Green Realty Corp. (NYSE:SLG) follows a solid dividend policy, making it an appealing choice for income-focused investors. One key advantage is that it distributes dividends every month. In fact, it has consistently paid regular dividends on its common shares since 1997. Most recently, in December 2024, it increased its monthly dividend by 3%. As of March 31, 2025, SL Green Realty Corp. (NYSE:SLG) had ownership stakes in 55 buildings, covering a total of 30.8 million square feet. This portfolio included 27.2 million square feet of property located in Manhattan and an additional 2.8 million square feet tied to its debt and preferred equity investments. Following the latest dividend announcement, the stock is set to trade ex-dividend on May 30. SLG has a dividend yield of 5.29%, as of May 19. The stock has surged by over 11% in the past 12 months. While we acknowledge the potential of SLG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SLG and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Business
- Yahoo
SL Green (SLG) Up 10.7% Since Last Earnings Report: Can It Continue?
A month has gone by since the last earnings report for SL Green (SLG). Shares have added about 10.7% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is SL Green due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. It turns out, fresh estimates have trended downward during the past month. At this time, SL Green has a poor Growth Score of F, a grade with the same score on the momentum front. Charting a somewhat similar path, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy. Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending downward for the stock, and the magnitude of these revisions has been net zero. Notably, SL Green has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SL Green Realty Corporation (SLG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
07-05-2025
- Sport
- Forbes
Mariners Early AL West Favorite Despite Little From Julio Rodriguez
Seattle Mariners' Julio Rodríguez is greeted in the dugout after hitting a home run against the ... More Texas Rangers during the sixth inning of a baseball game Friday, May 2, 2025, in Arlington, Texas. (AP Photo/Julio Cortez) Copyright 2025 The Associated Press All Rights Reserved A couple of common narratives have emerged regarding the recent iterations of the Seattle Mariners ballclub. They're an all-pitch, no-hit team that just can't seem to put a productive offense together. And their ownership group and management seems content with winning 55% or so of their games and being in the hunt, and are reluctant to step up and act like the big market club they should be. I pretty much agree with the second point. The Mariners' deep, talented starting rotation is built to win now, and if there ever was a time for them to seek impact offensive talent, last winter was the time. Alas, they added only utilityman Donovan Solano, who has done very little to date. The premise of the first point is somewhat flawed, however. Their offense, even in their disappointing 2024 campaign, was pretty much league average, with its overall performance tamped down a bit by their pitcher-friendly home field, T-Mobile Park. Its one year batted ball-based park factor was an MLB-low 86 in 2024, and it was the only MLB park to have below average singles (98), doubles (86), triples (58) and homer (93) park factors. My 2024 Team True-Talent Rankings, cited in my 2025 season preview, rated the Mariner offense as 16th best. Combined with their 2nd ranked pitching and 4th ranked team defense, the club clearly should have been a playoff team last season. To wit, despite ranking 29th in team AVG, 15th in OBP and 25th in SLG (and 21st in runs scored), the Mariners fared much better in a bellwether split that I often consult - team production in road games. In 2024, the M's were 20th on the road in AVG, 12th in OBP and 15th in SLG. Not great, but certainly adequate. Despite his production declining for the third straight season, CF Julio Rodriguez, along with C Cal Raleigh was the centerpiece of this underrated offense. Mariner fans - and myself - believed that with help, the team could have an offense that could be a true asset. Team management instead banked on rebounds from players who slumped in 2024. And so far that's exactly what has happened. SS JP Crawford looks like the player he was in 2023 - one of the best all-around players in the game at his position. LF Randy Arozarena looks like the player the club thought they acquired at last year's trading deadline. DH Jorge Polanco, a total washout last season in his first year with the club, is cruising along with a .750ish SLG in the early going. Raleigh is finally the legit short-list MVP candidate that he should have been in 2023 and 2024, when he finished 18th and 12th in the voting. The team is raking on the road, with a .267 (2nd)-.359 (1st)-.429 (3rd) slash line. And they are actually leading the majors in walks (after finishing 4th in 2024). But the club has gotten very little from their marquee player, Rodriguez, who is crowding the Mendoza Line with a sub-.400 SLG in the early going. While the 24-year-old has averaged over five WAR per season in his first three major league campaigns, it's fair to say that most prognosticators thought he'd be a little farther along in his development at this stage in his career. Instead, his AVG-OBP-SLG slash line has slid backward in each component category each season, to .273-.325-.409 in 2024. As we speak, he's measurably below each of those numbers again in 2025. Is this indicative of his true talent level, or has he been unlucky, and is now ready to bust out? My batted ball-based system saw him as properly rated in 2024 - his 115 'Tru' Production+ nearly exactly matched his 116 wRC+. His K/BB profile was uninspiring, with his 25.4% K rate near the top of the league average range and his 6.2% BB rate over a half standard deviation lower. His batted ball profile was a little grounder-heavy (44.3% grounder rate), but his average liner (96.5 mph) and grounder (90.0 mph) exit speeds were both over a full standard deviation above league average. His average fly ball exit speed (91.6 mph) was only in the league average range, however. All in all, he posted a solid 139 Adjusted Contact Score - with improvement in his K/BB profile, more fly balls, and with the ample speed and defensive contributions he offers, you could still see MVP contention in his future. Thus far in 2025, there are an awful lot of reasons for optimism. His K/BB profile is much improved - his K rate is down to 21.2%, at the other, better side of the league average range, and his BB rate is way up to 10.9%, over a full standard deviation higher. And while his overall average exit speed is down a tad (from 91.7 to 91.5 mph), he is hitting his fly balls an awful lot average fly ball exit speed has spiked to 95.2 mph, over a standard deviation above league average. He's been very unlucky on fly balls, due in part to his suppressive home park. In fact, he's been unlucky on ball batted ball types, with huge disparities between his Unadjusted and Adjusted Contact Scores with regard to fly balls (83 vs. 148), line drives (85 vs. 117) and grounders (88 vs. 125). Overall, he has an 82 Unadjusted and 126 Adjusted Contact Score. Negatives? Well, his main negative is actually kind of a positive. His 2025 liner rate is way down at 15.5%. Liner rates tend to be quite volatile, so I would expect his to regress upward as the season unfolds. Overall, Rodriguez 'should be' hitting .257-.340-.463 for 128 'Tru' Production+, way above his 103 wRC+, through Monday's games. Does that fully support what we thought Rodriguez would become when he signed his 12-year, $209.3 million contract in the summer of 2022? Perhaps not. But that, combined with his speed and defense, would deserve plenty of down-ballot MVP support. And that also offsets the likely imminent regression of certainly Polanco and perhaps others toward league average as the season plays out. The AL West is ripe for the Mariners' taking. Though the pitching staff has taken a baby step backward with the injuries to stars Logan Gilbert (forearm strain) and George Kirby (shoulder inflammation), the Astros just aren't the same without Alex Bregman or Kyle Tucker, the Rangers seemingly just can't hit, it's not yet the Athletics' time, and the Angels are…..well, the Angels. They just need to get to the postseason, and get their pitching staff healthy. Then they'd be a tough out for any club. Of all the playoff-seeking teams, the Dodgers, Mariners and Phillies stand apart as teams with rotation depth that could go the distance. With players like Rodriguez and Raleigh leading the way, their position player group also could be better than 'good enough'.
Yahoo
30-04-2025
- Business
- Yahoo
SL Green Realty Corp. (SLG): One of the Cheap Dividend Stocks Being Targeted by Short Sellers
We recently published a list of the 25 Cheap Dividend Stocks Being Targeted by Short Sellers. In this article, we are going to take a look at where SL Green Realty Corp. (NYSE:SLG) stands against other cheap dividend stocks. Short sellers — investors who profit from falling stock prices —are seeing a surge in success in 2025. They gained $159 billion in paper profits over just six trading sessions as escalating trade tensions triggered a drop of more than 10% in the US stock market. The sharp market decline, the steepest since 2022, followed President Donald Trump's announcement of broad global tariffs. According to S3 Partners LLC, the most lucrative short position during this period was against the SPY ETF, which tracks the S&P Index. Traders betting against this fund have racked up over $6.1 billion in paper gains so far this month, based on an April 8 report from S3. Short sellers could profit from the sharp intraday market swings that wiped out trillions in value, though their actual gains will depend on when they close their positions. S3 data showed that another $46 billion in new short bets were added in April, raising the risk that these bearish positions could intensify the market's next major move, particularly if the current downturn reverses and pushes major indexes higher. Ihor Dusaniwsky, managing director of predictive analytics at S3, made the following comment: 'Overall, the short side was an extraordinarily profitable trade up and down the market during this correction. 81% of every short trade was profitable and 97% of every dollar shorted was a profitable trade.' Another report from S&P Dow Jones Indices noted that the average short interest in US stocks rose to 87 basis points over the past month. The biggest jumps were observed in the Automobiles sector, which climbed by 11 basis points, followed by a 10 basis-point increase in the Commercial and Professional Services sector, and a 9 basis-point rise in the Food and Beverage sector. Although dividend-paying stocks are generally considered more stable than growth stocks, they have still been subject to short selling throughout history. In their 1998 study Who Trades Around the Ex-Dividend Day?, Jennifer Lynch Koski and John T. Scruggs found unusual trading patterns leading up to the ex-dividend date. They suggested that security dealers might short a stock while it still includes the dividend and then repurchase it after the ex-dividend date if they expect the stock's price drop to be larger than the dividend amount. Similarly, in their research paper Tax-Induced Trading Around Ex-Dividend Days, Josef Lakonishok and Theo Vermaelen observed unusual levels of short selling on and shortly after the ex-dividend date. They found that this activity tends to be more pronounced in stocks offering higher dividend yields. Their findings suggest that short sellers aim to minimize the typical price drop that often follows the ex-dividend date. A wide-angle view of a high-rise office property with the REIT company's logo in the foreground. For this article, we screened for dividend stocks with more than 3% of their float sold short, using data from Yahoo Finance recorded on April 15. From that group, we picked stocks with dividend yields above 3%, as of April 28. Companies offering high dividend yields are often more likely to attract the attention of short sellers. The stocks are ranked in ascending order of their short % of float. At Insider Monkey, we are obsessed with hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Short % of Float as of April 15: 11.81% Dividend Yield as of April 28: 5.73% SL Green Realty Corp. (NYSE:SLG) is an American real estate investment trust company and is the largest office landlord in Manhattan. As of March 31, the company had ownership stakes in 55 properties covering a total of 30.8 million square feet. This portfolio included 27.2 million square feet of Manhattan real estate and 2.8 million square feet tied to debt and preferred equity investments. SL Green Realty Corp. (NYSE:SLG) faced challenges in recent years as the pandemic and shifting trends in work habits continued to pressure the office REIT sector. It reduced its monthly dividend by 13% at the start of 2023, followed by another cut of nearly 8% just before 2024 began. However, in December 2024, it announced a 3% dividend increase — a modest improvement, but a positive sign nonetheless. Although the office market remains somewhat uncertain, it appears that the most difficult period for SL Green may be behind it. In the first quarter of 2025, SL Green Realty Corp. (NYSE:SLG) reported revenue of $163 million, which showed a 15.2% growth from the same period last year. The revenue surpassed analysts' estimates by $5.3 million. The company's same-store cash net operating income — including SL Green's share from unconsolidated joint ventures — rose by 2.4% year over year, excluding income from lease terminations. As of March 31, office occupancy in Manhattan properties stood at 91.8%, including signed leases that had not yet begun, aligning with the company's projections. SL Green Realty Corp. (NYSE:SLG) offers a monthly dividend of $0.2575 per share and has a dividend yield of 5.73%, as of April 28. Overall, SLG ranks 9th on our list of the dividend stocks targeted by short sellers. While we acknowledge the potential of SLG as an investment, our conviction lies in the belief that some deeply undervalued dividend stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued dividend stock that is more promising than SLG but that trades at 10 times its earnings and grows its earnings at double digit rates annually, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at . Sign in to access your portfolio
