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SL Green Realty ( (SLG) ) has provided an announcement.
In the third quarter of 2025, SL Green Realty Corp. reported a net income of $0.34 per share, a significant improvement from a net loss of $0.21 per share in the same period of 2024. The company also achieved funds from operations (FFO) of $1.58 per share, up from $1.13 per share in 2024, despite incurring transaction costs related to a gaming license pursuit. SL Green signed 52 Manhattan office leases totaling 657,942 square feet in the third quarter, with a slight decrease in mark-to-market rent values. The company also entered into significant investment activities, including a contract to purchase Park Avenue Tower for $730 million and the sale of a 5% interest in One Vanderbilt Avenue, generating $86.6 million in proceeds. Additionally, SL Green completed a $1.4 billion refinancing of 11 Madison Avenue and recorded a net gain of $57.2 million from debt extinguishment at 1552-1560 Broadway.
The most recent analyst rating on (SLG) stock is a Buy with a $72.00 price target. To see the full list of analyst forecasts on SL Green Realty stock, see the SLG Stock Forecast page.
Spark’s Take on SLG Stock
According to Spark, TipRanks’ AI Analyst, SLG is a Neutral.
SL Green Realty’s overall stock score is driven by mixed financial performance and valuation concerns, offset by positive earnings call highlights. The company’s high leverage and negative profitability metrics weigh heavily on the score. However, the strong leasing activity and increased earnings guidance from the earnings call provide a positive outlook, contributing to a moderate overall score.
To see Spark’s full report on SLG stock, click here.
More about SL Green Realty
SL Green Realty Corp. operates within the real estate industry, focusing on acquiring, managing, and maximizing the value of commercial properties, primarily in Manhattan, New York. The company is recognized for its portfolio of premier office spaces and its strategic investments in high-value properties.
Average Trading Volume: 951,349
Technical Sentiment Signal: Hold
Current Market Cap: $4.34B
For an in-depth examination of SLG stock, go to TipRanks’ Overview page.