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SLG Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
44.620
Open
44.200
VWAP
43.57
Vol
713.91K
Mkt Cap
3.14B
Low
42.910
Amount
31.11M
EV/EBITDA(TTM)
23.03
Total Shares
71.12M
EV
9.76B
EV/OCF(TTM)
--
P/S(TTM)
3.07
SL Green Realty Corp. is a fully integrated real estate investment trust. The Company is engaged in the ownership, management, operation, acquisition, development, redevelopment, and repositioning of commercial real estate properties, principally office properties, located in the New York metropolitan area, principally Manhattan. Its segments include real estate, debt and preferred equity investments, and SUMMIT. Its primary business objective is to maximize the total return to stockholders, through dividends, earnings, and asset value appreciation. The Company holds interests in 54 buildings totaling 30.6 million square feet. This included ownership interests in 27.0 million square feet of Manhattan buildings and 2.8 million square feet securing debt and preferred equity investments. Its properties include 1185 Avenue of the Americas, 810 Seventh Avenue, 711 Third Avenue, and 555 West 57th Street, 1350 Avenue of the Americas, and 10 East 53rd Street.
Show More

Events Timeline

(ET)
2026-04-15
18:50:00
S&P 500 and Nasdaq Hit Record Highs, Morgan Stanley Q1 Beats Expectations
select
2026-04-15
16:20:00
Company Expects Manhattan Office Occupancy to Reach 95%
select
2026-04-15
16:20:00
Q1 Revenue Reaches $253.08M, Up 75% Year Over Year
select
2026-03-19 (ET)
2026-03-19
08:00:00
SL Green Realty Refinances $2.0 Billion Credit Facility
select

News

seekingalpha
9.5
04-16seekingalpha
SL Green Realty Reports Record Q1 2026 Leasing Volume and Occupancy Targets
  • Record Leasing Volume: SL Green signed 51 leases totaling 930,000 square feet in Q1 2026, marking the largest first quarter in the company's 28-year history, indicating strong market demand that is expected to drive future revenue growth.
  • Declining Vacancy Rate: The vacancy rate for trophy buildings dropped to 3.4%, with no new space deliveries anticipated for the next three years, highlighting a tight supply-demand dynamic that should enhance rental rates and overall asset value.
  • Upgraded Performance Outlook: SL Green raised its year-end same-store occupancy target from 94.8% to 95%, reflecting management's optimism about market conditions, which is likely to further boost investor confidence and shareholder returns.
  • Strategic Development Plans: The company reiterated its $2.5 billion disposition plan and is rapidly advancing projects like 346 Madison and 750 Third Avenue, which are expected to lay the groundwork for future capital structure optimization and cash flow improvement.
CNBC
2.0
04-16CNBC
AMD Shares Surge 7% Following Price Target Increase
  • AMD Stock Surge: AMD shares rose over 7% after Bernstein raised its price target from $235 to $265, with analyst Stacy Rasgon highlighting the company's benefits from strong server CPU demand, which is expected to enhance its market performance further.
  • Intel Price Target Increase: Bernstein also lifted Intel's price target from $36 to $60, resulting in a nearly 5% stock increase, reflecting growing market confidence in Intel's future growth potential, which may attract more investor interest.
  • Aehr Test Systems Order Boost: Aehr Test Systems announced a $41 million production order from a leading hyperscale AI customer, leading to an 11% stock increase, which not only strengthens the company's market position but also potentially drives future earnings growth.
  • PPG Global Price Hike: PPG Industries announced a global price increase of up to 20% across its product portfolio, resulting in about a 5% stock rise, as this move addresses rising raw material and packaging costs, demonstrating the company's proactive strategy in navigating market challenges.
CNBC
9.5
04-16CNBC
PepsiCo Beats Expectations, Stock Rises 1%
  • Earnings Beat: PepsiCo reported first-quarter adjusted earnings of $1.61 per share on revenues of $19.44 billion, surpassing analyst expectations of $1.55 and $18.94 billion, resulting in a 1% stock increase, indicating strong performance in a competitive market.
  • Price Increase Strategy: PPG Industries announced a global price increase of up to 20%, leading to a 6% stock rise, driven by rising raw material and packaging costs due to volatility in petrochemical, energy, and transportation markets, showcasing the company's proactive approach to cost pressures.
  • Space Tech Advancement: Voyager Technologies' stock jumped 7% after being selected by NASA for its seventh private astronaut mission, expected to launch no earlier than 2028, marking a significant recognition and advancement in the space technology sector.
  • REIT Challenges: SL Green Realty's shares fell 2% despite net rental revenue of approximately $166 million exceeding expectations of $144.5 million, as funds from operations per share dropped to $0.84 from $1.40 last year, reflecting pressures in the real estate market.
seekingalpha
9.5
04-15seekingalpha
SL Green's Q1 Earnings Miss Estimates, Stock Drops 4%
  • Disappointing Earnings: SL Green (SLG) reported Q1 FFO per share of $0.84, missing the consensus estimate of $1.08, and down from $1.13 in Q4 2025 and $1.40 in Q1 2025, indicating a decline in profitability.
  • Revenue and Expense Trends: Q1 revenue was $253.1 million, exceeding the Visible Alpha consensus of $242.4 million, yet down from $276.5 million in the previous quarter, while total expenses were $297.0 million, slightly down from $300.7 million, reflecting ongoing cost control challenges.
  • Strong Leasing Activity: In Q1, SL Green signed 51 Manhattan office leases covering 929,264 square feet, marking the highest leasing volume for a first quarter, indicating a rebound in market demand, although it was a decrease from 56 leases in the previous quarter.
  • Optimistic Future Outlook: The company expects to increase Manhattan same-store office occupancy to 95.0% by December 31, 2026, demonstrating management's confidence in market recovery despite current financial performance falling short of investor expectations.
moomoo
7.0
04-15moomoo
SL Green Realty Corp Confirms 2026 FFO Guidance Range of $4.40 to $4.70 per Share
  • Company Overview: Green Realty Corp has reaffirmed its guidance for 2026.
  • Financial Range: The projected earnings per share are set between $4.40 and $4.70.
seekingalpha
9.5
04-15seekingalpha
SL Green Realty Reports Q1 2026 Earnings Miss with Guidance Reaffirmed
  • Earnings Miss: SL Green Realty reported Q1 FFO of $0.84, missing estimates by $0.24, indicating financial strain despite revenue growth, which may dampen investor confidence.
  • Revenue Growth: The company achieved revenue of $253.08 million in Q1, reflecting a 5.5% year-over-year increase; however, this growth was insufficient to offset the widening net loss per share, highlighting rising operational costs.
  • Widening Net Loss: The net loss attributable to common stockholders for Q1 2026 was $1.20 per share, significantly up from $0.30 per share in the same period of 2025, suggesting increased financial pressure amid changing market conditions, potentially impacting future capital raising efforts.
  • Guidance Reaffirmed: SL Green reaffirmed its 2026 FFO guidance range of $4.40 to $4.70 per share, with a midpoint of $4.55, slightly below the consensus of $4.58, reflecting a cautious outlook on future financial performance.
Wall Street analysts forecast SLG stock price to rise
15 Analyst Rating
Wall Street analysts forecast SLG stock price to rise
5 Buy
9 Hold
1 Sell
Moderate Buy
Current: 0.000
sliders
Low
42.00
Averages
54.40
High
66.00
Current: 0.000
sliders
Low
42.00
Averages
54.40
High
66.00
Evercore ISI
NULL
to
Outperform
maintain
$44 -> $46
AI Analysis
2026-04-17
New
Reason
Evercore ISI
Price Target
$44 -> $46
AI Analysis
2026-04-17
New
maintain
NULL
to
Outperform
Reason
Evercore ISI raised the firm's price target on SL Green Realty to $46 from $44 and keeps an Outperform rating on the shares.
Evercore ISI
Outperform -> NULL
downgrade
$47 -> $44
2026-04-02
Reason
Evercore ISI
Price Target
$47 -> $44
2026-04-02
downgrade
Outperform -> NULL
Reason
Evercore ISI lowered the firm's price target on SL Green Realty to $44 from $47 and keeps an Outperform rating on the shares. Office REITs have sharply underperformed year-to-date as AI disruption fears and higher rates have driven sector multiples to deep discounts, the analyst tells investors. The firm trimmed estimates for FY26 and FY27 FFO "slightly" ahead of Q1 reports from the group, the analyst tells investors in a preview.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for SLG
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Valuation Metrics

The current forward P/E ratio for SL Green Realty Corp (SLG.N) is 67.11, compared to its 5-year average forward P/E of -15.51. For a more detailed relative valuation and DCF analysis to assess SL Green Realty Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-15.51
Current PE
67.11
Overvalued PE
172.84
Undervalued PE
-203.86

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
30.17
Current EV/EBITDA
34.15
Overvalued EV/EBITDA
37.49
Undervalued EV/EBITDA
22.85

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
5.52
Current PS
4.86
Overvalued PS
7.25
Undervalued PS
3.79

Financials

AI Analysis
Annual
Quarterly

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Whales Holding SLG

H
Heitman Real Estate Securities LLC
Holding
SLG
+11.68%
3M Return
A
Adelante Capital Management LLC
Holding
SLG
+11.22%
3M Return
C
CenterSquare Investment Management LLC
Holding
SLG
+9.90%
3M Return
S
Security Capital Research & Management Incorporated
Holding
SLG
+9.24%
3M Return
E
Engineers Gate Manager LP
Holding
SLG
+1.54%
3M Return

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Frequently Asked Questions

What is SL Green Realty Corp (SLG) stock price today?

The current price of SLG is 43.19 USD — it has decreased -2.02

What is SL Green Realty Corp (SLG)'s business?

SL Green Realty Corp. is a fully integrated real estate investment trust. The Company is engaged in the ownership, management, operation, acquisition, development, redevelopment, and repositioning of commercial real estate properties, principally office properties, located in the New York metropolitan area, principally Manhattan. Its segments include real estate, debt and preferred equity investments, and SUMMIT. Its primary business objective is to maximize the total return to stockholders, through dividends, earnings, and asset value appreciation. The Company holds interests in 54 buildings totaling 30.6 million square feet. This included ownership interests in 27.0 million square feet of Manhattan buildings and 2.8 million square feet securing debt and preferred equity investments. Its properties include 1185 Avenue of the Americas, 810 Seventh Avenue, 711 Third Avenue, and 555 West 57th Street, 1350 Avenue of the Americas, and 10 East 53rd Street.

What is the price predicton of SLG Stock?

Wall Street analysts forecast SLG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SLG is54.40 USD with a low forecast of 42.00 USD and a high forecast of 66.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is SL Green Realty Corp (SLG)'s revenue for the last quarter?

SL Green Realty Corp revenue for the last quarter amounts to 253.08M USD, increased 5.52

What is SL Green Realty Corp (SLG)'s earnings per share (EPS) for the last quarter?

SL Green Realty Corp. EPS for the last quarter amounts to -1.19 USD, increased 296.67

How many employees does SL Green Realty Corp (SLG). have?

SL Green Realty Corp (SLG) has 1289 emplpoyees as of April 21 2026.

What is SL Green Realty Corp (SLG) market cap?

Today SLG has the market capitalization of 3.14B USD.