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SLGSL Green Realty CorpSell3.8·$48.60+1.61%
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SL Green Realty Corp (SLG) Stock Analysis

Recovery setup

SellHigh Confidence

Real Estate · REIT - Office

Sell if holding. Engine safety override at $48.60: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 3.8/10. Specifically: High short interest: 20%; Elevated put/call ratio: 3.33; Below-average business quality.

SL Green is Manhattan's largest owner of office real estate, with 26 consolidated Manhattan commercial properties (~11M sq ft) and interests in 10 unconsolidated joint venture properties. Revenue comes from office tenant rents in midtown Manhattan; five properties (One... Read more

$48.60-0.9% A.UpsideScore 3.8/10#13 of 14 REIT - Office
QualityF-score4 / 9FCF yield20.19%
IncomeYield5.60%(5y avg 6.93%)Payout15375.00%
Stop $45.75Target $48.56(resistance)A.R:R -0.8:1
Analyst target$47.83-1.6%18 analysts
$48.56our TP
$48.60price
$47.83mean
$36
$70

Sell if holding. Engine safety override at $48.60: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 3.8/10. Specifically: High short interest: 20%; Elevated put/call ratio: 3.33; Below-average business quality. Chart setup: Death cross but MACD improving, RSI 73. Score 3.8/10, high confidence.

Passes 6/9 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 44d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-09
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Jul 22, 202644d to earnings· next earnings call

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Geographic: Manhattan
Concentration risk — Property Type: office properties
Target reached (-12.1% upside)

Key Metrics

P/E (TTM)
P/E (Fwd)-26.3
Mkt Cap$3.7B
EV/EBITDA30.3
Profit Mgn-16.2%
ROE-3.5%
Rev Growth-4.0%
Beta1.60
Dividend5.60%
Rating analysts21

Quality Signals

Piotroski F4/9

Options Flow

P/C3.33bearish
IV73%elevated

Concentration Risks(10-K Item 1A)

  • HIGHGeographicManhattan
    10-K Item 1: 'As of December 31, 2025, our real estate portfolio was principally located in one geographical market, Manhattan, a borough of New York City'
  • HIGHPropertyoffice properties
    10-K Item 1: 'primarily engaged in the ownership, management...of commercial real estate properties, principally office properties, located in the New York metropolitan area, principally in Manhattan'
  • HIGHTenanttop 5 properties (One Vanderbilt, 11 Madison, 420 Lexington, 1515 Broadway, 245 Park)37%
    10-K Item 1A: 'Five of our properties, One Vanderbilt Avenue, 11 Madison Avenue, 420 Lexington Avenue, 1515 Broadway and 245 Park Avenue accounted for 36.6% of our Portfolio annualized cash rent'

Material Events(8-K, last 90d)

  • 2026-03-04Item 5.02LOW
    Harrison Sitomer appointed as President of SL Green Realty Corp. effective Feb 27, 2026, while continuing as Chief Investment Officer. No departure indicated; appointment of additional title.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

6 floor-breakers

Revenue shrinking — -4.0% YoY. Growth thesis broken unless recovery story develops.static

Revenue Growth
1.5
Declining revenue: -4%
Low model confidence on this dimension (33%).

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Quality Rank
1.4
Growth Rank
1.4
Value Rank
2.1

Risk profile below the gate floor. Component breakdown shows what dragged the score down.static

Put Call
0.0
Implied Vol
1.1
Short Interest
1.5
Days To Cover
2.8
Debt Equity
4.0
Volatility
4.2
Beta
4.7
High short interest justified: 20%Elevated put/call: 3.33High IV: 73%Concentration risks: 3 HIGH (10-K Item 1A — sized via position_sizing, validated via buy_confidence)

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Bollinger
0.0
Support Resistance
0.6
Gap
5.0
52w Position
5.3

Unprofitable operations — net margin -16.2%. Quality floor flags this regardless of sector context.static

Roe
0.0
Net Margin
0.0
Roa
0.3
Operating Margin
0.5
Moat
3.2
Piotroski F
4.4
Current Ratio
5.1
Gross Margin
5.6
Fcf Quality
6.0
FCF-positive but moderate margins (FCF margin 79%, FCF yield 20.2%)No competitive moatQuality concerns

Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static

Ev Ebitda
0.0
P Ocf
1.9
Analyst Target
3.0
Ps
7.6
P/OCF: 62.8x (FFO proxy — REITs gated off P/E)
GatesA.R:R -0.8=NEGATIVEDeath cross (50MA < 200MA)Executive change: officer departure/appointmentMomentum 8.5>=5.5Insider activity: OKNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 44d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRecoverySuitability: Aggressive
RSI
73 · Overbought
20D MA 50D MA 200D MADEATH CROSSSupport $39.83Resistance $49.55

Price Targets

$46
$49
A.Upside-0.1%
A.R:R-0.8:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-12.1% upside)
! Quality below floor (2.8 < 4.0)
! Negative risk/reward — downside exceeds upside

Earnings

B
M
M
M
1/4 beats
Next Earnings2026-07-22 (44d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is SLG stock a buy right now?

Sell if holding. Engine safety override at $48.60: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 3.8/10. Specifically: High short interest: 20%; Elevated put/call ratio: 3.33; Below-average business quality. Chart setup: Death cross but MACD improving, RSI 73. Prior stop was $45.75. Score 3.8/10, high confidence.

What is the SLG stock price target?

Take-profit target: $48.56 (-0.9% upside). Prior stop was $45.75. Stop-loss: $45.75.

What are the risks of investing in SLG?

Concentration risk — Geographic: Manhattan; Concentration risk — Property Type: office properties; Target reached (-12.1% upside).

Is SLG overvalued or undervalued?

SL Green Realty Corp trades at a P/E of N/A (forward -26.3). TrendMatrix value score: 3.1/10. Verdict: Sell.

What do analysts say about SLG?

21 analysts cover SLG with a consensus score of 3.7/5. Average price target: $48.

What does SL Green Realty Corp do?SL Green is Manhattan's largest owner of office real estate, with 26 consolidated Manhattan commercial properties (~11M...

SL Green is Manhattan's largest owner of office real estate, with 26 consolidated Manhattan commercial properties (~11M sq ft) and interests in 10 unconsolidated joint venture properties. Revenue comes from office tenant rents in midtown Manhattan; five properties (One Vanderbilt, 11 Madison, 420 Lexington, 1515 Broadway, 245 Park) represent 36.6% of Portfolio annualized cash rent.

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