SL Green Realty Corp. (SLG) Stock Price & Analysis
SL Green Realty Corp. (SLG) closed at USD 49.19 on Thursday, October 22, 2026, up 5.38% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 46.68; the Oct 22, 2026 session ranged USD 45.45–49.69 on volume of 1,927,161 shares. Market capitalization is $3.77B, with a 52-week range of USD 34.77–60.09 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:22 UTC.
Also available as compact Markdown for AI agents: nexqual.com/SLG.md
Key facts (SLG)
- Last four reported quarters (through Jun 30, 2026): revenue $1.04B, net income -$176M (-16.9% margin) (SEC filings).
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $2.3M; 1 not under a Rule 10b5-1 plan ($2.3M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.47 on a 1–5 scale) (17 analysts), mean target USD 56.32 (range 43–70).
- Total return with dividends: 1Y +0.2% vs S&P 500 +14.9%; 5Y -5.1% vs S&P 500 +80.3%.
- Next earnings: 2026-10-21, EPS estimate USD 0.12, revenue estimate $171M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (SLG)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $861M | $919M | $914M | $886M | $1.00B | $1.04B |
| Operating income | — | $606M | $599M | $731M | $652M | $692M |
| Net income | $450M | -$78.1M | -$565M | $22.0M | -$96.9M | -$176M |
| EPS (diluted) | $6.50 | -$1.49 | -$9.12 | $0.08 | -$1.61 | — |
| Operating margin | — | 65.9% | 65.5% | 82.4% | 65.0% | 66.6% |
| Net margin | 52.2% | -8.5% | -61.8% | 2.5% | -9.7% | -16.9% |
| Revenue growth | -18.2% | +6.8% | -0.6% | -3.0% | +13.2% | — |
| Cash + short-term investments | $251M | $203M | $222M | $184M | $156M | — |
| Total debt | $1.39B | $3.23B | — | — | — | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (SLG)
P/S 3.6x · P/B 1.1x · Earnings yield -4.65% · Dividend yield (paid, TTM) 4.64%
P/E at fiscal year-ends: Dec 2024 202.7x.
Insider sales (SEC Form 4, open-market, last ~7 months) (SLG)
0 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-20…2026-08-21 | Sitomer Harrison | PRESIDENT & CIO | 40,000 | $2.3M | 26.8% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (SLG)
Consensus Buy (mean 2.47 on a 1–5 scale), 17 analysts; mean target USD 56.32 (low 43, high 70).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-12 | Piper Sandler | Target lowered | Overweight | $79 → $64 |
| 2026-09-21 | Evercore ISI Group | Target raised | In-Line | $58 → $60 |
| 2026-09-17 | Scotiabank | Target lowered | Sector Outperform | $60 → $59 |
| 2026-09-08 | Barclays | Target raised | Equal-Weight | $52 → $54 |
| 2026-09-01 | Wells Fargo | Target raised | Equal-Weight | $44 → $56.5 |
| 2026-08-25 | JP Morgan | Target raised | Neutral | $51 → $61 |
| 2026-08-24 | Truist Securities | Target raised | Hold | $46 → $57 |
| 2026-08-05 | Scotiabank | Target raised | Sector Outperform | $56 → $60 |
| 2026-07-27 | BMO Capital | Target raised | Outperform | $52 → $60 |
| 2026-07-24 | Citigroup | Target raised | Buy | $45 → $60 |
| 2026-07-24 | Piper Sandler | Target raised | Overweight | $65 → $79 |
| 2026-07-22 | Morgan Stanley | Target raised | Equal-Weight | $36 → $52 |
Total return (dividends reinvested) (SLG)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +0.2% | -5.1% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +0.2% | -1.0% |
| Volatility (annualized) | 38.2% | 44.1% |
| Max drawdown | -32.9% (Oct 2025→Mar 2026) | -73.3% (Jan 2022→Mar 2023) |
SLG revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Real Estate | $215.1M | 81.5% | +17.2% |
| SUMMIT | $31.5M | 11.9% | +1.6% |
| DPE | $17.4M | 6.6% | -36.5% |
| Total revenue | $264.0M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
SLG suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Service | “We, through our Operating Partnership, receive substantially all of the cash flow from the Service Corporation's operations.” |
| Partner | Preferred Units of | “In August 2012, we received $221.9 million in net proceeds from the issuance of the Series I Preferred Stock, which were recorded net of underwriters' discount and issuance costs, and contributed the net proceeds to the Operating Partnership in exchange for 9,200,000 units of 6.50% Series I Cumulative Redeemable Preferred Units of limited partnership interest, or the Series I Preferred Units.” |
Quoted from the company's 10-K filed Feb 17, 2026.
SLG company outlook (results filed Oct 22, 2026)
- “The Company is also increasing its previously announced 2026 net income guidance range from $0.20-$0.50 per share to $0.40-$0.60 per share.”
- “The transaction, which is expected to close in the fourth quarter of 2026, subject to customary closing conditions, will generate net cash proceeds to the Company of approximately $216.0 million that will be used for corporate debt repayment.”
Quoted word-for-word from the SEC 8-K results press release.
SLG analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Dec 2026) | $0.12 | $-0.19 | -162.4% | $170.7M | 3 |
| Next quarter (ends Mar 2027) | $-0.29 | $-0.51 | -42.5% | $162.7M | 1 |
| Current fiscal year (ends Dec 2026) | $-1.76 | $-2.02 | -12.9% | $713.6M | 1 |
| Next fiscal year (ends Dec 2027) | $-0.87 | $-1.75 | -50.0% | $676.3M | 2 |
Key Statistics (as of October 23, 2026 at 09:22 UTC)
| Price | USD 49.19 |
|---|---|
| Change | ▲ 5.38% (up) |
| Previous Close | USD 46.68 |
| Open | USD 46.04 |
| Day Range | USD 45.45 – 49.69 |
| 52-Week Range | USD 34.77 – 60.09 |
| Volume | 1,927,161 shares |
| Market Cap | $3.77B |
| Exchange | NYQ |
Technical Analysis (SLG)
Nexqual's technical model rates SLG "SELL" based on 2 bullish and 4 bearish signals across 127 daily candles, as of October 23, 2026 at 09:22 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 48.4 (neutral) |
| vs SMA50 | Below (USD 52.17) |
| MACD | -1.28 (negative) |
Analyst Ratings (SLG)
Wall Street analysts rate SLG "Buy" based on 17 analysts, with a mean price target of USD 56.32 (range USD 43–70), per Nexqual as of October 23, 2026 at 09:22 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 17 |
| Mean Target | USD 56.32 |
| High Target | USD 70 |
| Low Target | USD 43 |
| Buy / Hold / Sell | 7 / 9 / 1 |
Earnings (SLG)
| Next Earnings Date | 2026-10-21 |
|---|---|
| Revenue Estimate | $170.73M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-09-30 | USD 0.95 vs est -0.31 ▲ beat |
| 2026-06-30 | USD -0.34 vs est -1.96 ▲ beat |
| 2026-03-31 | USD -1.19 vs est -0.95 ▼ miss |
| 2025-12-31 | USD -1.36 vs est -0.61 ▼ miss |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
Financials & Fundamentals (SLG)
| Total Revenue | $998.00M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +27.30% |
| Gross Margin | +44.76% |
| Operating Margin | +18.84% |
| Profit Margin | -16.72% |
| ROE | -3.57% |
| Debt / Equity | 1.43 |
| Current Ratio | 2.47 |
| Total Cash | $193.72M |
| Total Debt | $6.30B |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
Financial Health Score (SLG)
Nexqual rates SL Green Realty Corp.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:22 UTC.
| Growth | Solid — Revenue +12% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 45%, operating 19% (last 12 months) |
| Balance Sheet | Mixed — $194M cash vs $6.30B debt |
| Cash Flow | Solid — Operating cash flow $83M (FY ended Dec 2025, 10-K) |
| Efficiency | Critical — ROE -4%, ROA 0.5% |
Ownership (SLG)
| Insider Ownership | +6.02% |
|---|---|
| Institutional Ownership | +104.75% |
| Shares Outstanding | 70.85M |
| Float | 66.57M |
| Short % of Float | +25.61% |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
Leadership (SLG)
SL Green Realty Corp. is led by Marc Holliday, Chairman & CEO, per Nexqual as of October 23, 2026 at 09:22 UTC.
| Chairman & CEO | Marc Holliday |
|---|---|
| Chief Financial Officer | Matthew J. DiLiberto |
| President & Chief Investment Officer | Harrison Sitomer |
| Chief Operating Officer | Edward V. Piccinich |
| Executive VP and Director of Leasing & Real Property | Steven M. Durels |
Major Backers & Investors (SLG)
Notable institutional backers of SL Green Realty Corp. include Cohen & Steers Inc., Alyeska Investment Group, L.p., Goldman Sachs, according to Nexqual as of October 23, 2026 at 09:22 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Cohen & Steers Inc. | 8.79% |
| Alyeska Investment Group, L.p. | 2.84% |
| Goldman Sachs | 2.6% |
| Charles Schwab Investment Management, Inc. | 2.41% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 19.27% |
| Vanguard Group | 14.8% |
| State Street | 5.74% |
| Geode Capital | 2.85% |
| Northern Trust | 2.15% |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
From SL Green Realty Corp.'s Latest SEC 10-K Filing (filed 2026-02-17)
Key Strengths & Strategy (as disclosed to the SEC)
- According to Cushman and Wakefield Research Services, as of December 31, 2025, Manhattan has a total office inventory of approximately 417.1 million square feet, including 261.0 million square feet in midtown.
- The expertise and relationships that we have built from managing complex construction projects in New York City and its surrounding areas allow us to cost efficiently add new and renovated assets of the highest quality and desirability to our operating portfolio.
- Through intimate knowledge of our market, we have developed an ability to source transactions with superior risk-adjusted returns by capturing off-market opportunities.
Partnerships
- In connection with the Company's initial public offering, or IPO, in August 1997, the Operating Partnership received a contribution of interests in real estate properties as well as a 95% economic, non-voting interest in the management, leasing and construction companies affiliated with S.L.
- Our strategic investment in these properties, combined with our active management and pro-active leasing, provide the opportunity to creatively meet market needs and generate favorable returns.
Legal & Regulatory Risks (Item 1A, quoted)
- We may incur costs to comply with governmental laws and regulations.
- Our properties may be subject to risks relating to current or future laws, including laws benefiting disabled persons, such as the Americans with Disabilities Act, and state or local zoning, construction or other regulations.
- Compliance with changing or new regulations applicable to corporate governance and public disclosure may result in additional expenses, or affect our operations.
- Our property taxes could increase due to reassessment or property tax rate changes.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| HIW | Highwoods Properties, Inc. | USD 30.47 | ▲ 4.24% |
| CDP | COPT Defense Properties | USD 33.83 | ▲ 2.24% |
| KRC | Kilroy Realty Corporation | USD 35.96 | ▲ 4.44% |
| CUZ | Cousins Properties Incorporated | USD 28.67 | ▲ 3.39% |
| DEI | Douglas Emmett, Inc. | USD 10.09 | ▲ 5.88% |
| VNO | Vornado Realty Trust | USD 34.34 | ▲ 4.41% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:22 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt