SL Green Q4 2020 Earnings Report
Key Takeaways
SL Green Realty Corp. reported net income attributable to common stockholders for the quarter ended December 31, 2020 of $171.0 million, or $2.41 per share, as compared to net income of $17.4 million, or $0.22 per share, for the same quarter in 2019. The Company reported FFO for the quarter ended December 31, 2020 of $119.2 million, or $1.56 per share, excluding the accounting impact of the Company's reverse stock split in January 2021, as compared to FFO for the same period of 2019 of $147.6 million, or $1.75 per share.
Net income attributable to common stockholders of $2.41 per share for the fourth quarter of 2020.
Funds from operations (FFO) of $1.56 per share for the fourth quarter of 2020.
Increased the annual ordinary cash dividend by 2.8%, to $3.64 per share and issued a special stock dividend with a value of $1.6967 per share.
Signed 27 Manhattan office leases covering 463,927 square feet in the fourth quarter of 2020.
SL Green
SL Green
Forward Guidance
The Company's executive management team, led by Marc Holliday, Chairman and Chief Executive Officer, will host a conference call and audio webcast on Thursday, January 28, 2021 at 2:00 pm ET to discuss the financial results.