SL Green Realty Corporation (NYSE:SLG) Stock Has Consensus Target Price of $57.42 According to Brokerages

Posted by George Bondi on Oct 6th, 2026

Shares of SL Green Realty Corporation (NYSE:SLG – Get Free Report) have received a consensus recommendation of “Hold” from the nineteen brokerages that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $57.42.

Several equities research analysts have recently commented on the stock. Wall Street Zen raised shares of SL Green Realty from a “strong sell” rating to a “sell” rating in a research report on Saturday, September 5th. Mizuho set a $53.00 price target on shares of SL Green Realty in a research report on Tuesday, September 8th. LADENBURG THALM/SH SH lifted their price target on SL Green Realty from $42.00 to $46.00 and gave the company a “neutral” rating in a research note on Wednesday, July 8th. Zacks Research raised SL Green Realty from a “hold” rating to a “strong-buy” rating in a report on Tuesday, September 22nd. Finally, Truist Financial set a $57.00 price objective on SL Green Realty and gave the stock a “hold” rating in a research note on Monday, August 24th.

Get Our Latest Analysis on SLG

Insider Transactions at SL Green Realty

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

Hedge Funds Weigh In On SL Green Realty

A number of hedge funds have recently bought and sold shares of SLG. Rosenberg Matthew Hamilton purchased a new stake in shares of SL Green Realty in the third quarter valued at about $113,000. Sequoia Financial Advisors LLC lifted its position in shares of SL Green Realty by 11.3% during the second quarter. Sequoia Financial Advisors LLC now owns 14,694 shares of the real estate investment trust’s stock valued at $761,000 after purchasing an additional 1,492 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new position in SL Green Realty during the second quarter worth about $33,000. NewEdge Advisors LLC boosted its holdings in SL Green Realty by 1,110.4% during 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 last quarter. Finally, Squarepoint Ops LLC boosted its holdings in SL Green Realty by 66.5% during 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 last quarter. 89.96% of the stock is owned by hedge funds and other institutional investors.

SL Green Realty Stock Performance

NYSE SLG opened at $48.02 on Friday. The company has a market cap of $3.42 billion, a P/E ratio of -17.59, a PEG ratio of 4.07 and a beta of 1.66. The company has a fifty day simple moving average of $54.04 and a 200 day simple moving average of $48.32. The company has a current ratio of 3.10, a quick ratio of 3.10 and a debt-to-equity ratio of 1.05. SL Green Realty has a 12-month low of $34.77 and a 12-month high of $60.09.

SL Green Realty (NYSE:SLG – Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported ($0.38) earnings per share for the quarter, topping the consensus estimate of ($0.59) by $0.21. SL Green Realty had a negative net margin of 16.92% and a negative return on equity of 4.37%. The firm had revenue of $264.00 million for the quarter, compared to the consensus estimate of $179.01 million. During the same quarter in the prior year, the company posted $1.63 earnings per share. The business’s revenue was up 16.5% on a year-over-year basis. Sell-side analysts predict 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 will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a dividend of $0.6175 per share. The ex-dividend date is Wednesday, September 30th. This represents a $2.47 annualized dividend and a yield of 5.1%. SL Green Realty’s dividend payout ratio is -90.48%.

About SL Green Realty

(Get Free Report)

SL Green Realty Corp. is a self-managed real estate investment trust focused primarily on owning, managing, acquiring, developing and redeveloping office and retail properties in Manhattan. The company’s portfolio is concentrated in New York City, particularly in major commercial districts, and it serves office tenants, retailers and visitors through its managed properties and related amenities.

SL Green’s activities include leasing commercial space, overseeing property operations and pursuing development and redevelopment projects.