SL Green Realty Corp ($SLG) Stock Forecast: Up 10.4% Today

What is SL Green Realty Corp?

SL Green Realty Corp. is Manhattan's largest office landlord, known for its significant presence in the commercial real estate sector. The company has been actively involved in asset sales, refinancings, and office leasing activities.

Why is SL Green Realty Corp going up?

SLG stock is up 10.4% on Mar 4, 2026 16:11

• SL Green's bullish movement today can be attributed to the promotion of Harrison Sitomer to president, showcasing the company's commitment to internal talent growth and stability in leadership.
• The sale of the retail building at 690 Madison Avenue to Richemont highlights SL Green's strategic asset management and ability to capitalize on high-demand prime retail locations in Manhattan.
• Despite recent challenges such as hitting a new 52-week low and reporting quarterly losses, SL Green's positive market movement could be a result of investor confidence following the presentation at a global property CEO conference, indicating potential future growth strategies and opportunities.

SLG Price Chart

SLG Technical Analysis

SLG News

News | SL Green promotes former intern to president

SL Green Realty, Manhattan’s largest office landlord, has promoted Harrison Sitomer to president, adding to his existing role as chief investment officer. Sitomer, 36, started at SL Green as an intern and greatly expanded its capital platform and business lines, including starting a $1.3 billion debt fund. This promotion follows the departure of the former president and highlights SL Green's commitment to internal talent growth, while the company continues to manage significant asset sales, refinancings, and strong office leasing activity.

https://www.costar.com/article/1786402307/sl-green-promotes-former-intern-to-president

Jeff Sutton, SL Green Sell 690 Madison Avenue to Luxury Retail Operator Richemont

Jeff Sutton’s Wharton Properties and SL Green Realty have sold the five-story retail building at 690 Madison Avenue for $54.5 million to Richemont, the Swiss luxury fashion retailer that leases the entire building to its brand Van Cleef & Arpels. This sale continues a trend for Sutton of offloading properties to existing luxury retail tenants, echoing his nearly $2 billion in sales at the start of 2024. The transaction highlights the high demand for prime retail locations in Manhattan.

https://commercialobserver.com/2026/03/jeff-sutton-sl-green-sell-690-madison-avenue-richemont/

SL Green Realty Corp. Stock Plummets to New 52-Week Low at $35.57

SL Green Realty Corp. has experienced a significant stock decline, hitting a new 52-week low of $35.57, representing a 29.62% drop over the past year. The company, with a market capitalization of USD 2.93 billion and a high P/E ratio of 88.00, reported substantial quarterly losses of -USD 6.82 million pre-tax and -USD 5.72 million net profit. Despite a high dividend yield of 62.25%, its return on equity is negative, signaling profitability challenges.

https://www.marketsmojo.com/news/stocks-in-action/sl-green-realty-corp-stock-plummets-to-new-52-week-low-at-3557-3867222

SL Green Realty Corp stock hits 52-week low at $36.00

SL Green Realty Corp (SLG) stock has fallen to a new 52-week low, with shares dipping to $35.52, reflecting a 40.5% decline over the past year amidst challenges in the commercial real estate sector. Despite trading below its InvestingPro Fair Value, the company offers an 8.39% dividend yield. Recent Q4 2025 earnings reported a significant EPS shortfall, although premarket trading showed some investor confidence.

https://www.investing.com/news/company-news/sl-green-realty-corp-stock-hits-52week-low-at-3600-93CH-4535139

SL Green Realty Corp. (SLG) Presents at Citi's Miami Global Property CEO Conference 2026 - Slideshow

SL Green Realty Corp. (SLG) presented a slide deck at Citi's Miami Global Property CEO Conference in 2026. The presentation, published on March 2, 2026, was made available by the company in conjunction with this event. SA Transcripts, a team dedicated to developing transcript-related projects and publishing earnings calls, was responsible for this article.

https://seekingalpha.com/article/4877117-sl-green-realty-corp-slg-presents-at-citis-miami-global-property-ceo-conference-2026

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SL Green Realty Corp Price History

10.11.2025 - SLG Stock was up 5.0%

• Marshall Wace LLP notably increased its investment in SL Green Realty Corporation, reflecting a strong belief in the company's future.
• Despite a reduction in SL Green Realty's price target by Deutsche Bank, analyst sentiment remains optimistic, with the stock rated as a "Hold" and a consensus target price of $60.67.
• SL Green's recent acquisition of 100% ownership of 800 Third Avenue highlights its strategic asset consolidation, likely influencing the positive stock movement.
• The company's innovative plan to convert its Times Square office tower into a hotel and entertainment venue demonstrates its ability to seize market opportunities and cater to tourist demand, further instilling confidence among investors.

30.00.2026 - SLG Stock was up 5.1%

• SL Green Realty's stock saw a strong upward movement today despite varied market factors.
• The company posted robust fourth-quarter financial results, surpassing FFO and revenue expectations, attributed to increased leasing activity and higher rental rates in Manhattan.
• Although the initial market response was negative, potentially influenced by Manhattan office market concerns and bearish analyst forecasts for 2026.
• A price target reduction by Morgan Stanley might have affected investor confidence initially, but the overall positive financial performance and leasing trends likely fueled the stock's upward trend as investors focused on the company's operational resilience.

13.01.2026 - SLG Stock was up 9.0%

• The stock of SL Green (SLG) exhibited notable positive momentum today, despite hitting a low point over the past year.
• This favorable market movement could be linked to SL Green's strong Q4 financial performance, surpassing expectations for funds from operations (FFO) and revenues while also showing improvements in rental rates.
• Investor confidence in SL Green's strategic direction likely received a boost from the company's involvement in Citi's 31st Annual Global Property CEO Conference, demonstrating leadership engagement and potential growth prospects.
• Despite encountering challenges such as a net loss for the full year and alterations to dividend practices, the encouraging financial outlook presented in the recent earnings report from SL Green could have contributed to the upward movement in the market.

27.01.2026 - SLG Stock was down 5.1%

• The bearish movement in SLG's stock price can be attributed to multiple factors:
• Price target lowered from $54.00 to $43.00 by Barclays, pointing to negative net margin and return on equity, as well as insider selling by executives, including CEO Marc Holliday.
• A $940 million foreclosure lawsuit filed by lenders Goldman Sachs and Deutsche Bank against SL Green Realty and RXR over the Worldwide Plaza office tower due to a default on the loan following a drop in occupancy and rent roll.
• Analyst Vikram Malhotra of Mizuho revised the price target to $38.00 from $47.00, in line with other analysts reducing their price targets.
• Vanguard Group Inc. sold 83,971 shares of SL Green Realty Corporation, despite the company surpassing EPS estimates and falling short on revenue in the recent quarterly earnings report.

04.02.2026 - SLG Stock was up 10.4%

• SL Green's bullish movement today can be attributed to the promotion of Harrison Sitomer to president, showcasing the company's commitment to internal talent growth and stability in leadership.
• The sale of the retail building at 690 Madison Avenue to Richemont highlights SL Green's strategic asset management and ability to capitalize on high-demand prime retail locations in Manhattan.
• Despite recent challenges such as hitting a new 52-week low and reporting quarterly losses, SL Green's positive market movement could be a result of investor confidence following the presentation at a global property CEO conference, indicating potential future growth strategies and opportunities.

12.01.2026 - SLG Stock was down 5.2%

• SL Green Realty Corp's stock hits a 52-week low, signaling a 40% decline from its yearly high and a 33.5% decrease over the past 12 months. This drop is likely due to the company's reported full-year net loss for 2025, weak interest coverage, and negative returns on equity, which have complicated the investment narrative for income-focused investors.
• The shift in SL Green's dividend policy from monthly to quarterly payments, along with varied private investor estimates highlighting significant risk, has further contributed to the negative sentiment surrounding the stock.
• Despite recent positive news such as better-than-expected funds from operations (FFO) and revenues for the fourth quarter, as well as an improvement in rental rates, investors may be cautious due to the company's overall financial performance and the uncertainties in the real estate market.
• Participation in the upcoming Citi's 31st Annual Global Property CEO Conference could provide SL Green with an opportunity to address investor concerns and potentially improve market sentiment if the company can communicate a clear strategy for navigating its current challenges.

02.02.2026 - SLG Stock was up 5.0%

• Zacks Research upgraded SL Green Realty from a "strong sell" to a "hold" rating, potentially boosting investor confidence in the company's future prospects.
• Despite the positive upgrade, Barclays lowered its price target for SL Green Realty, indicating mixed sentiments among analysts about the stock's performance.
• The $940 million foreclosure lawsuit filed against SL Green Realty and RXR over the Worldwide Plaza office tower could have initially caused uncertainty in the market, but the stock managed to rally despite this legal challenge.
• Insider selling by executives, including CEO Marc Holliday, may have initially raised concerns, but the overall market sentiment seems to have been positively influenced by the company's recent earnings beat and analyst upgrades.

11.01.2026 - SLG Stock was down 5.1%

• SL Green reported a full-year net loss and adjusted its dividend policy, causing a bearish market reaction among income-focused investors amidst the evolving investment scenario.
• Despite exceeding expectations in Q4 with strong FFO and revenue figures, negative market sentiment arose due to insider trading activities and a price target revision from BTIG Research.
• Engagement in Citi's Global Property CEO Conference presents an opportunity for SL Green to address investor apprehensions and potentially restore market confidence.
• The prevailing uncertainty surrounding SL Green's financial performance, alongside insider transactions and varied analyst evaluations, likely influenced today's downward momentum in the stock.

26.01.2026 - SLG Stock was up 5.5%

• SL Green Realty (SLG) saw a positive trend in its stock price despite a $940 million foreclosure lawsuit from various lenders over the Worldwide Plaza office tower in Manhattan.
• Analysts, including Mizuho, reduced their price targets for SLG, with the target now set at $38.00 from $47.00. This adjustment, though initially signaling negativity, was overshadowed by other factors.
• Despite instances of insider selling and a decrease in stake by Vanguard Group Inc., SL Green Realty's proactive response to challenges and strategic plans for recovery may have boosted confidence among investors, contributing to the favorable market performance.
• A notable event where executives from SL Green Realty Corp. were recognized during a fundraiser for the FDNY Foundation might have also had a positive impact on market sentiment towards SLG, highlighting the company's community engagement and support for important initiatives.

03.02.2026 - SLG Stock was up 5.0%

• SLG stock hit a 52-week low but demonstrated a bullish movement, potentially fueled by investor confidence in the company's 8.39% dividend yield.
• The upgrade from a "strong sell" to a "hold" rating by research analysts might have influenced the positive market movement.
• Despite a lowered price target by financial analysts, the potential upside of 9.60% may have attracted investors seeking undervalued stocks.
• A significant foreclosure lawsuit worth $940 million against SL Green Realty and RXR concerning the Worldwide Plaza office tower could have initially impacted the stock negatively; however, the recent bullish movement suggests investors may be hopeful about a resolution or turnaround strategy.

16.09.2025 - SLG Stock was down 5.1%

• The steep decline in SL Green's stock price is potentially a result of investors cashing in profits following a successful period.
• Albeit reporting robust third-quarter figures, including increased FFO and significant leasing endeavors in Manhattan, there seems to be apprehension regarding SL Green's future growth possibilities.
• Additionally, a positive outlook towards rivals like Kilroy Realty within the real estate sector might have steered investor focus away from SL Green, influencing the downtrend in its share price today.

16.09.2025 - SLG Stock was down 5.5%

• The bearish movement in SLG's stock could be due to profit-taking by investors after a recent bullish run.
• The positive analyst upgrades for other companies may have shifted investor focus away from SLG, causing a dip in its stock price.
• Market sentiment towards office REITs like SLG may have been impacted by broader economic concerns or industry-specific news, leading to the bearish movement.