SL Green Realty (NYSE:SLG) Releases FY 2026 Earnings Guidance

SL Green Realty (NYSE:SLG) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 5.600-5.900 for the period, compared to the consensus earnings per share estimate of 4.610. The company issued revenue guidance of -.

SL Green Realty Stock Performance

SLG traded down $0.71 during trading on Wednesday, reaching $50.11. The company’s stock had a trading volume of 1,078,048 shares, compared to its average volume of 1,270,602. The company has a debt-to-equity ratio of 1.18, a quick ratio of 3.03 and a current ratio of 3.03. The company’s fifty day moving average price is $48.32 and its 200-day moving average price is $43.99. SL Green Realty has a 52-week low of $34.77 and a 52-week high of $66.29. The company has a market capitalization of $3.58 billion, a price-to-earnings ratio of -19.97 and a beta of 1.58.

SL Green Realty (NYSE:SLG) last posted its quarterly earnings results on Wednesday, July 22nd. The real estate investment trust reported ($0.38) EPS for the quarter, beating the consensus estimate of ($0.64) by $0.26. SL Green Realty had a negative return on equity of 4.06% and a negative net margin of 15.77%.SL Green Realty has set its FY 2026 guidance at 5.600-5.900 EPS. On average, equities analysts forecast that SL Green Realty will post 4.61 earnings per share for the current fiscal year.

SL Green Realty Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a $0.6175 dividend. This represents a $2.47 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date was Tuesday, June 30th. SL Green Realty’s dividend payout ratio (DPR) is currently -98.41%.

Analysts Set New Price Targets

A number of analysts recently commented on SLG shares. Mizuho boosted their price objective on shares of SL Green Realty from $38.00 to $46.00 and gave the stock a “neutral” rating in a report on Tuesday. Citigroup reduced their price target on shares of SL Green Realty from $55.00 to $45.00 and set a “buy” rating for the company in a research report on Tuesday, March 24th. LADENBURG THALM/SH SH boosted their price target 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. UBS Group set a $56.00 price target on SL Green Realty in a report on Monday, July 6th. Finally, Morgan Stanley set a $52.00 price objective on SL Green Realty and gave the company an “equal weight” rating in a research note on Wednesday. Seven equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $53.30.

SL Green Realty News Summary

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

• Positive Sentiment: SL Green reported second-quarter EPS of ($0.38), which was better than the consensus estimate of ($0.64), suggesting results were less weak than expected. Article: SL Green Realty Corp. Reports Second Quarter 2026 EPS of ($0.38) per Share; and FFO of $1.43 per Share
• Positive Sentiment: The company raised FY 2026 EPS guidance to 5.60-5.90, well above the Wall Street estimate of 4.61, which signals management is more confident in forward earnings. Article: SL Green Realty Corp. Reports Second Quarter 2026 EPS of ($0.38) per Share; and FFO of $1.43 per Share
• Positive Sentiment: SL Green signed a new 10-year, 98,420-square-foot lease at 11 Madison Avenue with a leading AI tenant, reinforcing demand for premium Midtown South office space and boosting the company’s leasing momentum. Article: SL Green Inks 98,000 Square Foot Lease at 11 Madison Avenue
• Neutral Sentiment: Scotiabank raised its price target to $56 from $53 and kept a sector outperform rating, while Mizuho lifted its target to $46 but maintained a neutral rating, reflecting mixed analyst views. Article: Analyst price target updates for SL Green Realty
• Neutral Sentiment: Quarterly FFO came in at $1.43 per share, which is a key REIT profitability metric, but the company still reported a net loss and negative margin, so the quality of earnings remains a consideration. Article: SL Green Realty Corp. Reports Second Quarter 2026 EPS of ($0.38) per Share; and FFO of $1.43 per Share

Institutional Trading of SL Green Realty

Institutional investors and hedge funds have recently modified their holdings of the business. Empowered Funds LLC grew its holdings in SL Green Realty by 6.2% in the fourth quarter. Empowered Funds LLC now owns 6,220 shares of the real estate investment trust’s stock valued at $285,000 after purchasing an additional 361 shares during the period. Triumph Capital Management purchased a new position in SL Green Realty during the third quarter worth approximately $45,000. AQR Capital Management LLC grew its stake in shares of SL Green Realty by 2.9% during the 4th quarter. AQR Capital Management LLC now owns 27,234 shares of the real estate investment trust’s stock valued at $1,249,000 after buying an additional 770 shares during the period. Metis Global Partners LLC grew its stake in shares of SL Green Realty by 4.9% during the 4th quarter. Metis Global Partners LLC now owns 16,802 shares of the real estate investment trust’s stock valued at $771,000 after buying an additional 790 shares during the period. Finally, Deutsche Bank AG increased its holdings in shares of SL Green Realty by 0.9% during the 4th quarter. Deutsche Bank AG now owns 101,130 shares of the real estate investment trust’s stock worth $4,639,000 after buying an additional 885 shares during the last quarter. Hedge funds and other institutional investors own 89.96% of the company’s stock.

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.