SL Green Realty stock heads into October 21 results release

Published on 10/05/2026 at 15:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SL Green Realty stock closed at USD 48.81 on October 2, while second-quarter revenue reached USD 264.0 million. Analysts set a USD 57.42 average target.

SLG, US78440X8873, Illustration mit AI erstellt.

SL Green Realty (ISIN US78440X8873) closed at USD 48.81 on the NYSE on October 2, 2026, up 0.08 percent from the prior close of USD 48.77. The next company checkpoint is October 21, 2026, when SL Green plans to release third-quarter results after the market close, followed by a conference call on October 22, according to TradingView.

Second-quarter revenue beats expectations

SL Green reported USD 264.0 million in second-quarter 2026 revenue, compared with the USD 179.01 million analyst estimate, while adjusted EPS was negative USD 0.38 versus negative USD 0.59 expected, MarketBeat reported on October 3, 2026. Revenue increased 16.5 percent from the year-earlier quarter, but the company still posted a negative net margin of 16.92 percent.

The operating picture was stronger in Manhattan leasing. Zacks said second-quarter FFO reached USD 1.43 per share against a USD 1.19 consensus estimate. Manhattan same-store office occupancy reached 94.7 percent as of June 30, 2026, and management raised full-year FFO guidance to USD 5.60-5.90 per share from USD 4.40-4.70.

Leasing adds an operating counterweight

SL Green signed 129 Manhattan office leases totaling 1,760,649 square feet through September 14, 2026, with rents 15.8 percent above the previous fully escalated rents on the same spaces, according to StockTitan. The leasing pipeline exceeded 1.0 million square feet, giving the company an operating measure to watch alongside revenue and FFO when third-quarter results arrive.

SL Green Realty says it held interests in 54 buildings totaling 30.6 million square feet as of June 30, 2026. The portfolio is concentrated in Manhattan commercial properties, so occupancy, rent resets and financing costs remain central to the earnings story.

Analysts see room above the close

MarketBeat lists a Hold consensus from 19 brokerages and an average 12-month price target of USD 57.42. That target lies 17.6 percent above the October 2 closing price, while the published ratings include nine Holds, seven Buys, two Sells and one Strong Buy.

SL Green stock stays below yearly high

SL Green stock closed at USD 48.81 on October 2, 2026, with a 52-week range of USD 34.77 to USD 60.09, volume of 635,653 shares and market capitalization of USD 3.7 billion. The next dated catalyst is the October 21 results release.