SL Green Realty (NYSE:SLG) Stock Price Expected to Rise, Mizuho Analyst Says

SL Green Realty (NYSE:SLG) had its price objective upped by equities researchers at Mizuho from $38.00 to $46.00 in a report issued on Tuesday, Marketbeat reports. The brokerage currently has a “neutral” rating on the real estate investment trust’s stock. Mizuho’s price objective would suggest a potential downside of 8.21% from the stock’s previous close.

SLG has been the topic of a number of other research reports. Weiss Ratings raised shares of SL Green Realty from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, May 28th. Barclays set a $52.00 target price on shares of SL Green Realty and gave the company an “equal weight” rating in a research note on Tuesday. Truist Financial increased their price target on shares of SL Green Realty from $44.00 to $46.00 and gave the stock a “hold” rating in a report on Wednesday, April 22nd. Wells Fargo & Company lifted their price objective on shares of SL Green Realty from $40.00 to $44.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Finally, Morgan Stanley decreased their price objective on shares of SL Green Realty from $43.00 to $36.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 31st. Seven research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $53.30.

SL Green Realty Stock Down 1.4%

Shares of SLG opened at $50.11 on Tuesday. 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 has a 52 week low of $34.77 and a 52 week high of $66.29. The stock’s 50-day moving average price is $48.45 and its 200-day moving average price is $44.02. The company has a quick ratio of 3.03, a current ratio of 3.03 and a debt-to-equity ratio of 1.18.

SL Green Realty (NYSE:SLG) last announced its quarterly earnings results on Wednesday, July 22nd. The real estate investment trust reported $1.43 earnings per share for the quarter, beating the consensus estimate of ($0.64) by $2.07. SL Green Realty had a negative return on equity of 4.06% and a negative net margin of 15.77%.The company had revenue of $171.85 million during the quarter, compared to analysts’ expectations of $179.01 million. During the same period last year, the business earned $1.63 earnings per share. SL Green Realty’s quarterly revenue was up 16.5% on a year-over-year basis. SL Green Realty has set its FY 2026 guidance at 5.600-5.900 EPS. On average, sell-side analysts predict that SL Green Realty will post 4.61 EPS for the current year.

Institutional Investors Weigh In On SL Green Realty

Several large investors have recently bought and sold shares of SLG. Triumph Capital Management acquired a new position in shares of SL Green Realty during the third quarter valued at approximately $45,000. Davis Capital Management purchased a new stake in shares of SL Green Realty during the first quarter worth approximately $46,000. Fourth Dimension Wealth LLC increased its position in shares of SL Green Realty by 45.5% during the fourth quarter. Fourth Dimension Wealth LLC now owns 1,600 shares of the real estate investment trust’s stock worth $73,000 after purchasing an additional 500 shares in the last quarter. Hantz Financial Services Inc. raised its stake in SL Green Realty by 30.6% in the 4th quarter. Hantz Financial Services Inc. now owns 1,613 shares of the real estate investment trust’s stock valued at $74,000 after purchasing an additional 378 shares during the last quarter. Finally, Leonteq Securities AG raised its stake in SL Green Realty by 4,194.0% in the 1st quarter. Leonteq Securities AG now owns 2,147 shares of the real estate investment trust’s stock valued at $79,000 after purchasing an additional 2,097 shares during the last quarter. 89.96% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting SL Green Realty

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

• Positive Sentiment: SL Green reported second-quarter FFO of $1.43 per share, beating estimates of $1.19, and also delivered revenue above expectations, signaling stronger-than-expected core earnings for the office REIT. SL Green (SLG) Q2 FFO and Revenues Beat Estimates
• Positive Sentiment: The company updated FY 2026 EPS guidance to $5.60-$5.90, which is well above the consensus estimate of $4.61 and suggests management sees improving earnings momentum ahead.
• Positive Sentiment: SL Green also announced a 98,420-square-foot lease at 11 Madison Avenue with a leading AI tenant, reinforcing demand for premier Manhattan office space and supporting its leasing pipeline. SL Green Inks 98,000 Square Foot Lease at 11 Madison Avenue
• Positive Sentiment: Scotiabank raised its price target on SLG to $56 from $53 and kept an outperform rating, reflecting a constructive view on the stock’s near-term upside.
• Neutral Sentiment: Despite the earnings beat, SL Green still reported a net loss of $0.38 per share and negative margins, so investors may be cautious about the pace of a full recovery. SL Green Realty Corp. Reports Second Quarter 2026 EPS of ($0.38) per Share; and FFO of $1.43 per Share
• Neutral Sentiment: Mizuho also lifted its target to $46, but kept a neutral rating, indicating analysts remain divided on valuation after the recent run-up.

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.