SL Green Realty (SLG) Stock Price, News & Analysis

Company Overview

SL Green Realty Corp. (NYSE: SLG) is a publicly traded real estate investment trust (REIT) focused primarily on the acquisition, management and development of commercial office properties in Manhattan. As one of New York City’s largest office landlords, the company’s portfolio includes Class A office buildings and mixed-use projects located in prime Midtown and Downtown submarkets. SL Green generates revenue through leasing office space to a diverse mix of tenants spanning financial services, technology, media and professional services firms.

Founded in 1980 by real estate investor Stephen L. Green, the company converted to a REIT in 1997 to take advantage of tax benefits and enhance its capital-raising capabilities. Over the decades, SL Green has grown its footprint through strategic property acquisitions, ground-up developments and joint ventures with institutional partners. The firm has demonstrated an ability to navigate market cycles in Manhattan, repositioning assets and capitalizing on redevelopment opportunities to drive occupancy gains and rental growth.

In addition to property ownership and leasing, SL Green provides comprehensive asset management and property management services, including tenant relations, building operations and capital improvements. The company has been active in sustainable building initiatives, pursuing green certifications and energy efficiency upgrades in an effort to reduce operating costs and meet tenant demand for environmentally responsible workspaces. Its development pipeline has included high-profile projects such as the redevelopment of 1515 Broadway and the expansion of One Madison Avenue.

SL Green is led by Chief Executive Officer Marc Holliday, who has overseen the company’s strategic evolution and growth since 1995. Under his leadership, the firm has focused on strengthening its balance sheet, optimizing its portfolio mix and pursuing value-enhancing transactions. Headquartered in New York City, SL Green continues to be guided by a board of directors with extensive experience in real estate investment, finance and development, positioning the company to benefit from evolving market dynamics in Manhattan’s office sector.

Key Stats

• Today's Range: $52.47 to $53.98
• 50-Day Range: $43.34 to $54.62
• 52-Week Range: $34.77 to $66.29
• Volume: 627,742 shs
• Average Volume: 1.10 million shs
• Market Capitalization: $3.78 billion
• P/E Ratio: N/A
• Dividend Yield: 4.67%
• Price Target: $54.95
• Consensus Rating: Hold

SL Green Realty Stock Analysis - MarketRank™

SL Green Realty scored higher than 41% of companies evaluated by MarketBeat, and ranked 135th out of 187 stocks in the real estate sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Hold

Consensus Rating

SL Green Realty has received a consensus rating of Hold. The company's average rating score is 2.26, and is based on no strong buy ratings, 7 buy ratings, 10 hold ratings, and 2 sell ratings.

Upside/Downside

The consensus price target for SL Green Realty is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

SL Green Realty has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -2.91%

Earnings Growth

Earnings for SL Green Realty are expected to decrease by -2.91% in the coming year, from $5.15 to $5.00 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of SL Green Realty is -19.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of SL Green Realty is -19.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

SL Green Realty has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

15.52% of the float of SL Green Realty has been sold short.

Short Interest Ratio / Days to Cover

SL Green Realty has a short interest ratio ("days to cover") of 11.42, which indicates bearish sentiment.

Change versus previous month

Short interest in SL Green Realty has recently increased by 0.01%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

SL Green Realty is a leading dividend payer. It pays a dividend yield of 4.67%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

SL Green Realty has only been increasing its dividend for 1 years.

Dividend Sustainability

Based on earnings estimates, SL Green Realty will have a dividend payout ratio of 49.40% next year. This indicates that SL Green Realty will be able to sustain or increase its dividend.

News and Social Media

• Score: 4.3 / 5
• News Sentiment: 0.92

News Sentiment

SL Green Realty has a news sentiment score of 0.92. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.80 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for SL Green Realty this week, compared to 5 articles on an average week.

Search Interest

6 people have searched for SLG on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.

MarketBeat Follows

3 people have added SL Green Realty to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.9 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, SL Green Realty insiders have not sold or bought any company stock.

Percentage Held by Insiders

5.94% of the stock of SL Green Realty is held by insiders.

Percentage Held by Institutions

89.96% of the stock of SL Green Realty is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 7/15 Dividend: 6/30/2026
• Ex-Dividend for 7/15 Dividend: 6/30/2026
• Dividend Payable: 7/15/2026
• Last Earnings: 7/22/2026
• Today: 8/02/2026
• Next Earnings (Estimated): 10/21/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Real Estate
• Industry: Office REITs
• Sub-Industry: Office REITs
• Current Symbol: NYSE:SLG
• CIK: 1040971
• Web: www.slgreen.com
• Phone: (212) 594-2700
• Fax: 212-216-1790
• Employees: 1,289
• Year Founded: 1997

Price Target and Rating

• Average Price Target for SL Green Realty: $54.95
• High Price Target: $79.00
• Low Price Target: $37.00
• Potential Upside/Downside: +3.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.26
• Research Coverage: 19 Analysts

Profitability

• EPS (Trailing Twelve Months): ($2.73)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 10.27
• P/E Growth: N/A
• Net Income: -$88.28 million
• Net Margins: -16.92%
• Pretax Margin: -12.87%
• Return on Equity: -4.43%
• Return on Assets: -1.53%

Debt

• Debt-to-Equity Ratio: 1.12
• Current Ratio: 3.10
• Quick Ratio: 3.03

Sales & Book Value

• Annual Sales: $1.00 billion
• Price / Sales: 3.77
• Cash Flow: $2.33 per share
• Price / Cash Flow: 22.71
• Book Value: $55.26 per share
• Price / Book: 0.96

Miscellaneous

• Outstanding Shares: 71,430,000
• Free Float: 67,183,000
• Market Cap: $3.78 billion
• Optionable: Optionable
• Beta: 1.58