SL Green Realty Reports Q1 2025 Financial Results

The latest update is out from SL Green Realty ( (SLG) ).

SL Green Realty Corp. reported a net loss of $0.30 per share for the first quarter of 2025, contrasting with a net income of $0.20 per share in the same period of 2024. The company’s funds from operations (FFO) also declined to $1.40 per share from $3.07 per share in the previous year, due to lower gains on debt extinguishment and negative adjustments on derivatives. Despite these financial challenges, SL Green signed 45 Manhattan office leases covering over 600,000 square feet and maintained a same-store office occupancy of 91.8% as of March 31, 2025. The company also completed significant investment activities, including the acquisition of 500 Park Avenue and the sale of 85 Fifth Avenue, while its special servicing business managed $4.8 billion in active assignments.

Spark’s Take on SLG Stock

According to Spark, TipRanks’ AI Analyst, SLG is a Neutral.

SL Green Realty’s overall stock score reflects a mixed financial performance with low but stable leverage, decent operational efficiency, and concerns about revenue and cash flow. Despite positive sentiments from the earnings call and strategic corporate events, the high P/E ratio and bearish technical indicators weigh on the score.

To see Spark’s full report on SLG stock, click here.

More about SL Green Realty

SL Green Realty Corp. operates in the real estate industry, focusing on acquiring, managing, and maximizing the value of Manhattan commercial properties. The company is known for its extensive portfolio of office buildings and its active involvement in leasing, investment, and asset management activities.

YTD Price Performance: -22.02%

Average Trading Volume: 892,824

Technical Sentiment Signal: Buy

Current Market Cap: $3.94B

For an in-depth examination of SLG stock, go to TipRanks’ Stock Analysis page.