SL Green Realty (SLG) Projected to Announce Quarterly Earnings on Wednesday

Key Points

• SL Green Realty is expected to report Q3 2026 earnings after the market closes Wednesday, October 21. Analysts forecast a loss of $1.25 per share on revenue of $173.01 million, with the earnings call scheduled for October 22.
• The company’s most recent quarter beat EPS expectations, reporting a $0.38 loss versus the projected $0.59 loss, while revenue rose 16.5% year over year to $264 million.
• SL Green declared a quarterly dividend of $0.6175 per share, equivalent to an annualized $2.47 payout and a 5.0% yield. Analysts maintain a consensus “Hold” rating with an average price target of $55.47.

SL Green Realty (NYSE:SLG - Get Free Report) is expected to be releasing its Q3 2026 results after the market closes on Wednesday, October 21st. Analysts expect the company to announce earnings of ($1.25) per share and revenue of $173.01 million for the quarter. Interested persons may review the information on the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, October 22, 2026 at 2:00 PM ET.

SL Green Realty (NYSE:SLG - Get Free Report) last issued its earnings results on Thursday, July 23rd. The real estate investment trust reported ($0.38) EPS for the quarter, beating analysts' consensus estimates of ($0.59) by $0.21. SL Green Realty had a negative return on equity of 4.37% and a negative net margin of 16.92%. The business had revenue of $264.00 million during the quarter, compared to analyst estimates of $179.01 million. During the same period in the prior year, the company posted $1.63 earnings per share. SL Green Realty's revenue was up 16.5% on a year-over-year basis. On average, analysts expect SL Green Realty to post $5.54 EPS for the current fiscal year and $5.88 EPS for the next fiscal year.

SL Green Realty Trading Up 0.5%

Shares of SLG stock opened at $48.98 on Wednesday. The stock has a market cap of $3.48 billion, a price-to-earnings ratio of 9.79, a P/E/G ratio of 4.07 and a beta of 1.66. The firm has a fifty day moving average of $53.41 and a 200-day moving average of $48.76. SL Green Realty has a 52-week low of $34.77 and a 52-week high of $60.09. The company has a debt-to-equity ratio of 1.05, a quick ratio of 3.10 and a current ratio of 3.10.

SL Green Realty Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a $0.6175 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $2.47 dividend on an annualized basis and a dividend yield of 5.0%. SL Green Realty's dividend payout ratio is presently -90.48%.

Insider Activity

In other news, insider Harrison Sitomer sold 23,113 shares of the company's stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $57.71, for a total value of $1,333,851.23. Following the transaction, the insider owned 109,468 shares of the company's stock, valued at approximately $6,317,398.28. This represents a 17.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 5.94% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on SLG shares. LADENBURG THALM/SH SH increased their price objective on SL Green Realty from $42.00 to $46.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 8th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of SL Green Realty in a report on Tuesday, August 25th. UBS Group set a $60.00 price target on shares of SL Green Realty in a research report on Monday, July 27th. Piper Sandler set a $64.00 price objective on SL Green Realty and gave the stock an "overweight" rating in a research note on Monday. Finally, Evercore set a $60.00 target price on shares of SL Green Realty in a research note on Monday, September 21st. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $55.47.

About SL Green Realty

SL Green Realty Corp. is a self-managed real estate investment trust focused primarily on owning, managing, acquiring, developing and redeveloping office and retail properties in Manhattan. The company's portfolio is concentrated in New York City, particularly in major commercial districts, and it serves office tenants, retailers and visitors through its managed properties and related amenities.

SL Green's activities include leasing commercial space, overseeing property operations and pursuing development and redevelopment projects.

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