SL Green Realty Corporation (NYSE:SLG) Receives $55.94 Consensus Target Price from Brokerages

Shares of SL Green Realty Corporation (NYSE:SLG) have earned an average recommendation of “Hold” from the eighteen research firms that are presently covering the stock, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $55.2778.

Several research firms have recently weighed in on SLG. Mizuho lowered their price objective on shares of SL Green Realty from $67.00 to $47.00 and set a “neutral” rating for the company in a research note on Friday, December 12th. Jefferies Financial Group raised shares of SL Green Realty from a “neutral” rating to a “buy” rating and lifted their price target for the company from $57.00 to $63.00 in a research note on Monday, October 13th. Truist Financial set a $47.00 price objective on shares of SL Green Realty and gave the stock a “hold” rating in a research report on Monday, December 8th. Evercore ISI set a $54.00 target price on SL Green Realty and gave the company an “outperform” rating in a research note on Monday, December 8th. Finally, Piper Sandler dropped their price target on SL Green Realty from $62.00 to $60.00 and set an “overweight” rating on the stock in a research note on Monday, January 5th.

Insider Buying and Selling at SL Green Realty

In other SL Green Realty news, CEO Marc Holliday sold 22,223 shares of the business’s stock in a transaction on Tuesday, December 23rd. The shares were sold at an average price of $44.40, for a total transaction of $986,701.20. Following the completion of the sale, the chief executive officer owned 9,698 shares in the company, valued at approximately $430,591.20. The trade was a 69.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Andrew S. Levine sold 1,493 shares of the firm’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $45.27, for a total transaction of $67,588.11. Following the completion of the transaction, the insider directly owned 7,045 shares in the company, valued at $318,927.15. This trade represents a 17.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 5.04% of the company’s stock.

Institutional Trading of SL Green Realty

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Ethic Inc. boosted its position in shares of SL Green Realty by 2.4% during the third quarter. Ethic Inc. now owns 8,132 shares of the real estate investment trust’s stock valued at $486,000 after buying an additional 193 shares during the last quarter. Louisiana State Employees Retirement System lifted its stake in SL Green Realty by 0.6% during the 2nd quarter. Louisiana State Employees Retirement System now owns 33,200 shares of the real estate investment trust’s stock valued at $2,055,000 after acquiring an additional 200 shares in the last quarter. MAI Capital Management boosted its holdings in SL Green Realty by 25.9% during the 2nd quarter. MAI Capital Management now owns 988 shares of the real estate investment trust’s stock worth $61,000 after acquiring an additional 203 shares during the last quarter. Amalgamated Bank grew its stake in shares of SL Green Realty by 1.2% in the 2nd quarter. Amalgamated Bank now owns 20,245 shares of the real estate investment trust’s stock worth $1,253,000 after acquiring an additional 235 shares in the last quarter. Finally, Bessemer Group Inc. raised its holdings in shares of SL Green Realty by 67.8% in the second quarter. Bessemer Group Inc. now owns 626 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 253 shares during the last quarter. 89.96% of the stock is owned by institutional investors.

SL Green Realty Stock Performance

SLG stock opened at $44.76 on Monday. The firm has a market cap of $3.19 billion, a PE ratio of -27.80 and a beta of 1.60. The company has a current ratio of 2.66, a quick ratio of 3.22 and a debt-to-equity ratio of 1.06. The stock has a 50-day moving average price of $46.05 and a 200-day moving average price of $52.59. SL Green Realty has a 1-year low of $40.26 and a 1-year high of $67.60.

SL Green Realty (NYSE:SLG) last released its earnings results on Wednesday, January 28th. The real estate investment trust reported $1.13 EPS for the quarter, topping the consensus estimate of $1.10 by $0.03. The business had revenue of $159.82 million during the quarter, compared to analysts’ expectations of $162.73 million. SL Green Realty had a negative return on equity of 2.44% and a negative net margin of 9.66%.The firm’s revenue was up 14.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.81 earnings per share. As a group, equities research analysts expect that SL Green Realty will post 5.43 earnings per share for the current year.

SL Green Realty Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 15th. Stockholders of record on Friday, November 28th were given a dividend of $0.2575 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date of this dividend was Friday, November 28th. SL Green Realty’s dividend payout ratio is presently -191.93%.

Key Headlines Impacting SL Green Realty

Here are the key news stories impacting SL Green Realty this week:

• Positive Sentiment: Management says leasing momentum accelerated in Q4 and set a 2026 occupancy target of 94.8%, signaling improving demand for Manhattan office space which supports rent growth and asset valuations. SL Green signals 2026 occupancy target of 94.8% as leasing momentum accelerates
• Positive Sentiment: Q4 results beat FFO and revenue estimates and reported improving rental rates in Manhattan — evidence that operating fundamentals are stabilizing after pandemic-era weakness. SL Green’s Q4 FFO & Revenues Beat Estimates, Rental Rates Improve
• Positive Sentiment: Management is shifting from pure deleveraging to an acquisition/expansion push into prime assets; proponents view this as a path to accelerate growth and market leadership in the office REIT segment. SL Green Realty: Expansion Time
• Neutral Sentiment: Analysts are weighing SLG’s recovery prospects versus sector risks; commentary provides context but no strong consensus shift in rating/targets in the short term. Analysts Offer Insights on Real Estate Companies: Crown Castle (CCI) and SL Green Realty (SLG)
• Neutral Sentiment: Industry roundups highlighting high-yield REITs mention dividend opportunities broadly; any direct impact on SLG depends on dividend policy clarity and sustainability. 4 REITs. 4 Monthly Dividend Programs. 4 Massive Yields of Up to 11.7%
• Negative Sentiment: Analysis questions whether SLG’s 2025 operating loss, recent dividend shift and asset-plan changes weaken the bull case by reducing near‑term cash return to shareholders and increasing execution risk. Does SL Green’s 2025 Loss, Dividend Shift and Asset Plan Change The Bull Case For SL Green Realty (SLG)?
• Negative Sentiment: Rising interest expenses and management commentary implying weaker full‑year results are cited as headwinds that could pressure FFO, leverage metrics and the stock until occupancy/rent trends fully normalize. SL Green Realty Corp. (SLG) Q4 2025 Earnings Call Transcript

About SL Green Realty

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.