SL Green Realty Corp (SLG)
NYSE:SLG
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SLG Stock Chart & Stats
$43.28
-$0.95(-1.45%)
At close: 4:00 PM EST
$43.28
-$0.95(-1.45%)
Day’s Range― - ―
52-Week Range$34.77 - $66.91
Previous CloseN/A
Volume235.62K
Average Volume (3M)1.05M
Market Cap
$3.97B
Enterprise Value$9.43B
Total Cash (Recent Filing)$338.64M
Total Debt (Recent Filing)$6.54B
Price to Earnings (P/E)―
Beta1.23
Next Earnings
Jul 22, 2026EPS Estimate
-0.59Next Dividend Ex-DateN/A
Dividend Yield6.95%
Share Statistics
EPS (TTM)-2.34
Shares Outstanding71,124,480
10 Day Avg. Volume992,920
30 Day Avg. Volume1,049,572
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)0.88
Price to Sales (P/S)3.40
P/FCF Ratio41.12
Enterprise Value/Market Cap2.38
Enterprise Value/Revenue9.49
Enterprise Value/Gross Profit20.72
Enterprise Value/Ebitda26.90
Forecast
1Y Price Target
$49.71Price Target Upside14.87% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
EPS Forecast (FY)-2.74
Revenue Forecast (FY)$680.41M
Bulls Say, Bears Say
Bulls Say
Cash GenerationSustained positive operating cash flow and rising free cash flow give SL Green durable internal funding for debt repayment, developments and dividends. Over the next 2–6 months stronger FCF supports deleveraging and liquidity even if earnings stay lumpy.
Leasing Momentum & Pricing PowerRecord leasing volume, double-digit mark-to-market gains and high leased occupancy indicate structural demand for SL Green’s Manhattan trophy inventory. These durable leasing fundamentals should lift cash NOI and rent roll over multi-year leases, supporting recurring revenue.
Active Capital RecyclingOngoing dispositions and executed sales generate near-term cash to reduce debt and fund priorities. Demonstrated ability to sell non-core assets and access financing increases balance sheet optionality and reduces refinancing risk over the coming months.
Bears Say
Elevated LeverageA large debt burden relative to equity increases interest and refinancing exposure, limiting capital flexibility. In a higher-rate environment elevated leverage constrains the ability to pursue opportunistic investments and raises vulnerability to capital-market volatility.
Negative Earnings & VolatilityPersistent net losses and multi-year earnings swings reduce retained earnings and undermine coverage of dividends from accounting income. Volatility forces reliance on asset sales and FCF, increasing execution risk in sustaining payouts and strategic initiatives.
Leasing Capital Intensity Pressures FADHeavy near-term tenant improvement, commissions and concessions to secure leases materially raise cash outlays, pressuring FAD and delaying normalization of dividend coverage. This structural spend pattern can compress free cash available for deleveraging in the next 12–24 months.
SL Green Realty News
SLG FAQ
What was SL Green Realty Corp’s price range in the past 12 months?
SL Green Realty Corp lowest stock price was $34.77 and its highest was $66.91 in the past 12 months.
What is SL Green Realty Corp’s market cap?
SL Green Realty Corp’s market cap is $3.97B.
When is SL Green Realty Corp’s upcoming earnings report date?
SL Green Realty Corp’s upcoming earnings report date is Jul 22, 2026 which is in 41 days.
How were SL Green Realty Corp’s earnings last quarter?
SL Green Realty Corp released its earnings results on Apr 15, 2026. The company reported -$1.2 earnings per share for the quarter, missing the consensus estimate of -$0.756 by -$0.444.
Is SL Green Realty Corp overvalued?
According to Wall Street analysts SL Green Realty Corp’s price is currently Undervalued.
Does SL Green Realty Corp pay dividends?
SL Green Realty Corp pays a Monthly dividend of $0.618 which represents an annual dividend yield of 6.95%. See more information on SL Green Realty Corp dividends here
What is SL Green Realty Corp’s EPS estimate?
SL Green Realty Corp’s EPS estimate is -0.59.
How many shares outstanding does SL Green Realty Corp have?
SL Green Realty Corp has 71,124,480 shares outstanding.
What happened to SL Green Realty Corp’s price movement after its last earnings report?
SL Green Realty Corp reported an EPS of -$1.2 in its last earnings report, missing expectations of -$0.756. Following the earnings report the stock price went down -1.97%.
Which hedge fund is a major shareholder of SL Green Realty Corp?
Currently, no hedge funds are holding shares in SLG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
SL Green Realty Stock Smart Score
Underperform
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Analyst Consensus
Moderate Buy
Average Price Target:
$49.71 (14.87% Upside)
$49.71 (14.87% Upside)
Blogger Sentiment
Bullish
SLG Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 209.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $181.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 1.6%
Last 30 Days ▼ 1.6%
News Sentiment
Bullish
Bullish news 79%
Bearish news 25%
Bearish news 25%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-16.21%
12-Months-Change
Fundamentals
Return on Equity
-3.89%
Trailing 12-Months
Asset Growth
3.05%
Trailing 12-Months
Company Description
SL Green Realty Corp
SL Green Realty Corp., an S&P 500 company and Manhattan's largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. As of December 31, 2020, SL Green held interests in 88 buildings totaling 38.2 million square feet. This included ownership interests in 28.6 million square feet of Manhattan buildings and 8.7 million square feet securing debt and preferred equity investments.
SLG Company Deck
SLG Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a strongly positive operational and leasing momentum: record Q1 leasing, meaningful mark-to-market rent gains (16%), low trophy vacancy (3.4%), raised occupancy targets, development progress (346 Madison, 7 Times Square), and encouraging capital markets/financing demand. Near-term challenges include a lagging economic occupancy (85.9% vs ~89% target), Q1 SUMMIT weather-driven underperformance, and elevated leasing-related capital spend that pressures FAD/FFO timing. Management presented clear plans to normalize cash flow by 2027–2028 (expecting FAD to align with the dividend by 2028) and showed active disposition and financing execution that support liquidity and deleveraging.View all SLG earnings summariesSLG Stock 12 Month Forecast
Average Price Target
$49.71
▲(14.87% Upside)
Technical Analysis
Ownership Overview
0.29% Insiders
26.46% Mutual Funds
18.37% Other Institutional Investors
22.61% Public Companies and
Individual Investors