SL Green Realty Corp (SLG) Stock Analysis
Real Estate · REIT - Office
Sell if holding. Engine safety override at $42.45: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 3.6/10. Specifically: High short interest: 21%; Below-average business quality; Negative price momentum.
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
Sell if holding. Engine safety override at $42.45: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 3.6/10. Specifically: High short interest: 21%; Below-average business quality; Negative price momentum. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Score 3.6/10, high confidence.
Passes 6/9 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 66d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio and death cross (50MA < 200MA). Suitability: aggressive.
Recent Developments — SL Green Realty Corp
Latest news
- 'Mamdani Scraps Planned NYC Property Tax Hike in Revised Budget' - Bloomberg — benzinga May 12, 2026 neutral
- JP Morgan Maintains Neutral on SL Green Realty, Raises Price Target to $51 — benzinga May 5, 2026 neutral
- SL Green Realty Secures Asset Management Assignment Over Launch Of Leasing Of 15 Laight Street Owned by Hyundai Motor — benzinga Apr 28, 2026 positive
- Truist Securities Maintains Hold on SL Green Realty, Raises Price Target to $46 — benzinga Apr 22, 2026 positive
- Evercore ISI Group Maintains Outperform on SL Green Realty, Raises Price Target to $46 — benzinga Apr 17, 2026 positive
Generated 2026-05-20T21:06:21Z.
Thesis
Key Metrics
Quality Signals
Concentration Risks(10-K Item 1A)
- HIGHGeographicManhattan10-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 properties10-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 5.02LOWHarrison 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. Full disclaimer
Rating Breakdown
4 floor-breakers
Revenue shrinking — -4.0% YoY. Growth thesis broken unless recovery story develops.static
Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Unprofitable operations — net margin -16.2%. Quality floor flags this regardless of sector context.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $42.45: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 3.6/10. Specifically: High short interest: 21%; Below-average business quality; Negative price momentum. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Prior stop was $40.07. Score 3.6/10, high confidence.
Take-profit target: $42.80 (+0.8% upside). Prior stop was $40.07. Stop-loss: $40.07.
Concentration risk — Geographic: Manhattan; Concentration risk — Property Type: office properties; Target reached (0.8% upside).
SL Green Realty Corp trades at a P/E of N/A (forward -23.4). TrendMatrix value score: 4.3/10. Verdict: Sell.
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.