Skip to main content

SL Green Realty Corp (SLG) Stock Analysis

Recovery setup

SellHigh Confidence

Real Estate · REIT - Office

Sell if holding. Engine safety override at $43.12: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 3.9/10. Specifically: High short interest: 22%; Elevated put/call ratio: 13.28; Below-average business quality.

SL Green is a self-managed REIT primarily engaged in owning, managing, and financing commercial office properties in Manhattan, holding interests in 26 Manhattan office properties (~23.3M sq ft including unconsolidated JVs) plus 6 suburban properties. Revenue is primarily office... Read more

$43.12+1.5% A.UpsideScore 3.9/10#14 of 14 REIT - Office
Stop $40.15Target $43.82(resistance)A.R:R -0.1:1
Analyst target$47.33+9.8%18 analysts
$43.82our TP
$43.12price
$47.33mean
$36
$70

Sell if holding. Engine safety override at $43.12: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 3.9/10. Specifically: High short interest: 22%; Elevated put/call ratio: 13.28; Below-average business quality. Chart setup: Death cross but MACD improving, RSI 68. Score 3.9/10, high confidence.

Passes 6/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 83d clear, semi cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Geographic: midtown Manhattan
Concentration risk — Property Type: commercial office
Target reached (-1.3% upside)

Key Metrics

P/E (TTM)
P/E (Fwd)-23.4
Mkt Cap$3.0B
EV/EBITDA29.5
Profit Mgn-16.2%
ROE-3.5%
Rev Growth-3.6%
Beta1.59
Dividend6.31%
Rating analysts21

Quality Signals

Piotroski F4/9

Options Flow

P/C13.28bearish
IV61%elevated

Concentration Risks(10-K Item 1A)

  • HIGHGeographicmidtown Manhattan
    10-K Item 1A: 'A significant majority of our property holdings are comprised of commercial office properties located in midtown Manhattan'
  • HIGHPropertycommercial office
    10-K Item 1A: 'A significant majority of our property holdings are comprised of commercial office properties located in midtown Manhattan'
  • MEDIUMTenanttop-5 properties37%
    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'
  • LOWTenantParamount Global5.3%
    10-K Item 1A: 'one tenant, Paramount Global, accounting for 5.3% of our share of 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 retaining Chief Investment Officer role. No officer departures cited.
    SEC filing →

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

Rating Breakdown

5 floor-breakers

Revenue shrinking — -3.6% YoY. Growth thesis broken unless recovery story develops.static

Revenue Growth
1.6
Declining revenue: -4%
Low model confidence on this dimension (33%).

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
0.7
Piotroski F
4.4
Current Ratio
4.8
Moat
5.0
Gross Margin
5.6
No competitive moatQuality concerns

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

Support Resistance
1.7
Bollinger
2.8
52w Position
3.5

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

Put Call
0.0
Short Interest
1.3
Days To Cover
1.9
Volatility
2.0
Implied Vol
3.1
Debt Equity
4.0
Beta
4.7
News Risk
6.0
High short interest justified: 22%Elevated put/call: 13.28High IV: 61%Concentration risks: 2 HIGH, 1 MED (10-K Item 1A — sized via position_sizing, validated via buy_confidence)

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
4.3
GatesA.R:R -0.1=NEGATIVEDeath cross (50MA < 200MA)Momentum 5.7>=5.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 83d clearSEMI CYCLE PEAK CLEARRecoverySuitability: Aggressive
RSI
68 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $35.50Resistance $44.71

Price Targets

$40
$44
A.Upside+1.6%
A.R:R-0.1:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-1.3% upside)
! Quality below floor (2.6 < 4.0)
! Negative risk/reward — downside exceeds upside

Earnings

M
M
M
M
0/4 beats
Next Earnings2026-07-22 (83d)

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 $43.12: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 3.9/10. Specifically: High short interest: 22%; Elevated put/call ratio: 13.28; Below-average business quality. Chart setup: Death cross but MACD improving, RSI 68. Prior stop was $40.15. Score 3.9/10, high confidence.

What is the SLG stock price target?

Take-profit target: $43.82 (+1.5% upside). Prior stop was $40.15. Stop-loss: $40.15.

What are the risks of investing in SLG?

Concentration risk — Geographic: midtown Manhattan; Concentration risk — Property Type: commercial office; Target reached (-1.3% upside).

Is SLG overvalued or undervalued?

SL Green Realty Corp trades at a P/E of N/A (forward -23.4). TrendMatrix value score: 4.0/10. Verdict: Sell.

What do analysts say about SLG?

21 analysts cover SLG with a consensus score of 3.7/5. Average price target: $47.

What does SL Green Realty Corp do?SL Green is a self-managed REIT primarily engaged in owning, managing, and financing commercial office properties in...

SL Green is a self-managed REIT primarily engaged in owning, managing, and financing commercial office properties in Manhattan, holding interests in 26 Manhattan office properties (~23.3M sq ft including unconsolidated JVs) plus 6 suburban properties. Revenue is primarily office rental income in midtown Manhattan, the largest US office market.

Related stocks: ESBA (Empire State Realty OP, L.P. Se) · FISK (Empire State Realty OP, L.P. Se) · OGCP (Empire State Realty OP, L.P. Se) · HPP (Hudson Pacific Properties, Inc.) · CDP (COPT Defense Properties)