SL Green Realty Corp. (SLG)
SLG Q1 FFO Lags Despite Revenue Beat, Leasing Sets Record
SLG's Q1 2026 FFO misses estimates despite a revenue beat and record Manhattan leasing. Shares slide more than 2% after hours.
Here's What Key Metrics Tell Us About SL Green (SLG) Q1 Earnings
Although the revenue and EPS for SL Green (SLG) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
SL Green (SLG) Misses Q1 FFO Estimates
SL Green (SLG) came out with quarterly funds from operations (FFO) of $0.84 per share, missing the Zacks Consensus Estimate of $1.06 per share. This compares to FFO of $1.4 per share a year ago.
SL Green Boosts Financial Flexibility With $1.65B Refinancing
SLG secures $1.65 billion refinancing for One Madison Avenue, boosting liquidity and advancing a broader $7 billion 2026 financing plan.
SL Green to Sell 7 Dey Street to GO Residential for $222.6M
SLG is set to sell 7 Dey Street to GO Residential, keeping office space under its ownership as it draws strong demand.
SL Green Realty: Pending Dividend Cut As Occupancy Ramps Higher
SL Green Realty Corp.'s same-store occupancy rose 60 basis points to 93.0% as of the end of the fourth quarter, as demand for Class A Manhattan office space continues to grow. However, SLG's funds from operations per share fell to $1.13 from $1.81 a year ago, with the dividend set to move to quarterly payouts and a dividend cut likely when this happens. The SLG REIT faces $1.55 billion in 2025 debt maturities, likely requiring asset sales or refinancing with cash and cash equivalents of $155.7 million at the end of the fourth quarter.
SL Green Realty Corp. (SLG) Presents at Citi's Miami Global Property CEO Conference 2026 Transcript
SL Green Realty Corp. (SLG) Presents at Citi's Miami Global Property CEO Conference 2026 Transcript
Why Is SL Green (SLG) Down 11.7% Since Last Earnings Report?
SL Green (SLG) reported earnings 30 days ago. What's next for the stock?
SL Green Realty: Market Focuses On Short-Term Pain While Recovery Plans Advance
SL Green Realty Corp. is well-positioned for Manhattan's real estate recovery, maintaining strong occupancy and executing major refinancing and asset disposition plans. SLG's Q4 FAD beat management expectations, but high interest expenses and a 99.5% dividend payout ratio recently highlighted ongoing financial pressures and uncertainty. Management remains optimistic about 2026–2027, projecting occupancy gains and business growth, while emphasizing a long-term, holistic approach to dividend policy.
Beyond The Headlines: Securing +7% Income From NYC's Sky-High Recovery
Data-Driven Resilience: Manhattan office leasing hit 42.8 million square feet in 2025, the highest since 2019. Tightening Trophy Supply: Availability in Midtown trophy assets has plummeted to a near-record low of 3.7%. SLG Valuation Gap: Management sees an 8.5% implied cap rate versus private sales at much higher prices.
SL Green Realty Corp. (SLG) Q4 2025 Earnings Call Transcript
SL Green Realty Corp. (SLG) Q4 2025 Earnings Call Transcript
SL Green's Q4 FFO & Revenues Beat Estimates, Rental Rates Improve
SLG tops Q4 FFO estimates as Manhattan leasing and rents improve, but rising interest expenses and weaker full-year results weigh on shares.
