SL Green Realty Corporation (NYSE:SLG) Receives $56.83 Consensus Price Target from Brokerages

Posted by Brenda Bartman on Sep 11th, 2026

SL Green Realty Corporation (NYSE:SLG – Get Free Report) has earned a consensus recommendation of “Hold” from the nineteen analysts that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have issued a buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is $57.2750.

SLG has been the topic of several recent research reports. JPMorgan Chase & Co. increased their price objective on SL Green Realty from $51.00 to $61.00 and gave the company a “neutral” rating in a research report on Tuesday, August 25th. Wall Street Zen upgraded SL Green Realty from a “strong sell” rating to a “sell” rating in a research report on Saturday, September 5th. Morgan Stanley set a $52.00 target price on SL Green Realty and gave the stock an “equal weight” rating in a research note on Wednesday, July 22nd. BMO Capital Markets reiterated an “outperform” rating and set a $60.00 price target (up from $52.00) on shares of SL Green Realty in a research report on Monday, July 27th. Finally, Citigroup reissued a “buy” rating and set a $60.00 price target (up from $45.00) on shares of SL Green Realty in a research note on Friday, July 24th.

Check Out Our Latest Report on SLG

SL Green Realty Price Performance

Shares of NYSE:SLG opened at $51.61 on Tuesday. The company’s fifty day moving average price is $54.11 and its 200-day moving average price is $46.81. The company has a debt-to-equity ratio of 1.05, a current ratio of 3.10 and a quick ratio of 3.10. The firm has a market capitalization of $3.67 billion, a price-to-earnings ratio of -18.90, a PEG ratio of 2.25 and a beta of 1.60. SL Green Realty has a one year low of $34.77 and a one year high of $66.29.

SL Green Realty (NYSE:SLG – Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported ($0.38) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.59) by $0.21. The company had revenue of $264.00 million during the quarter, compared to the consensus estimate of $179.01 million. SL Green Realty had a negative net margin of 16.92% and a negative return on equity of 4.37%. The firm’s revenue was up 16.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.63 EPS. On average, equities research analysts anticipate that SL Green Realty will post 5.56 earnings per share for the current fiscal year.

SL Green Realty Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a $0.6175 dividend. This represents a $2.47 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Tuesday, June 30th. SL Green Realty’s payout ratio is -90.48%.

Insider Activity at SL Green Realty

In related news, insider Harrison Sitomer sold 23,113 shares of the company’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $57.71, for a total transaction of $1,333,851.23. Following the completion of the sale, the insider directly owned 109,468 shares in the company, valued at $6,317,398.28. This represents a 17.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 5.94% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in SLG. Sequoia Financial Advisors LLC raised its position in shares of SL Green Realty by 11.3% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 14,694 shares of the real estate investment trust’s stock worth $761,000 after acquiring an additional 1,492 shares in the last quarter. Integrated Wealth Concepts LLC bought a new stake in shares of SL Green Realty during the second quarter valued at approximately $33,000. NewEdge Advisors LLC grew its stake in SL Green Realty by 1,110.4% in the second quarter. NewEdge Advisors LLC now owns 4,648 shares of the real estate investment trust’s stock worth $241,000 after purchasing an additional 4,264 shares during the period. Squarepoint Ops LLC grew its stake in SL Green Realty by 66.5% in the second quarter. Squarepoint Ops LLC now owns 182,962 shares of the real estate investment trust’s stock worth $9,472,000 after purchasing an additional 73,042 shares during the period. Finally, Allworth Financial LP raised its holdings in SL Green Realty by 24.3% in the second quarter. Allworth Financial LP now owns 2,554 shares of the real estate investment trust’s stock worth $132,000 after purchasing an additional 499 shares in the last quarter. 89.96% of the stock is owned by hedge funds and other institutional investors.

About SL Green Realty

(Get Free Report)

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.