SL Green Realty (SLG)
NYSEReal EstateReit - OfficeSnapshot 2026-09-04
$55.56+1.18%
Close 2026-09-04 · 1-day change
NYSEReal EstateReit - OfficeSnapshot 2026-09-04
Research Workspace
Put SLG beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Office REITs is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Recent financial performance freshly dropped to the bottom half of its industry.
View ThesisRevenue growth is slowing — up about 8% over the past year and decelerating.
View GrowthRanks in the weakest quality tier of its industry — roughly the bottom 35%, softest on free-cash-flow margins.
View QualityManagement screens weak on earnings delivery, the balance sheet, market reaction to earnings.
View ManagementExpectations look high — what the market is pricing in runs ahead of what analysts forecast.
View ValuationThis stock is volatile — it swings about 1% on a typical day and fell roughly 45% in its worst 12-month stretch.
View RiskSLG's growth relies on increasing Funds From Operations (FFO) and strong leasing activity. Revenue grew 9% year over year, but the latest quarter missed expectations. SLG trades at 41× P/FFO versus a peer median of 13×, indicating the market expects more growth than forecasted. The recent drop in financial performance to the bottom half of its industry raises concerns. Our model puts the next-quarter miss probability near 43%. Peer multiples imply a price about 19% below where it trades. This read is provisional.
Trailing returns as of 2026-09-04. SLG is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 17 analysts currently covering SLG (as of Sep 2026).
Based on 9 Wall Street analysts offering 12-month price targets for SLG in the last 4 months.
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Compare SLG with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| SLG Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 3 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Office REITs — fair value, gap to price, and forward P/E.
Compare the value case
Put SLG next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Increase Funds From Operations (FFO) guidance for 2026
Positive FFO outlook supports growth objectives.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-09-04. EPS is implied from price ÷ P/E. Not investment advice.
Current $55.56
The last 12 months of price, then the range of analyst 12-month targets from today’s $55.56.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Below average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
Threatens: Manage capital allocation through acquisitions, sales, and refinancing
Foreclosure impacts capital allocation and management strategy.
Advances: Increase Manhattan office leasing activity and mark-to-market rents
Increased leasing activity supports occupancy and rent objectives.
Threatens: Increase Manhattan same-store office occupancy to 95.0%
Halting construction impacts office occupancy goals.
Advances: Increase Manhattan same-store office occupancy to 95.0%
Increases occupancy towards 95% target.
Advances: Increase Funds From Operations (FFO) guidance for 2026
FFO guidance increase supports growth objectives.
Advances: Increase Manhattan office leasing activity and mark-to-market rents
Strong leasing activity supports increased office leasing objective.
Advances: Increase Funds From Operations (FFO) guidance for 2026
Upward FFO guidance indicates positive financial outlook.
