SL Green Realty Corp. (SLG)

Over the past six months, SL Green's stock price has experienced a decline of 25.84%. Key events include the refinancing of One Madison Avenue for $1.65 billion in March 2026, along with the announcement of the 2026 annual ordinary dividend of $2.47 per share and the refinancing of its corporate credit facility. In early 2026, the company signed 32 Manhattan office leases totaling 491,098 square feet. October 2025 saw the release of Third Quarter 2025 financial results, with net income and FFO exceeding analyst expectations, although revenue showed a year-over-year decrease in same-store cash NOI. In July 2025, the company reported a wider net loss for Q2 2025, although FFO surpassed analyst estimates. April 2025 results showed a net loss and lower FFO compared to the previous year.

While specific seasonal patterns are not explicitly detailed, there is a clear trend in demand for properties that offer climate resiliency, energy efficiency, and other climate-related features. This indicates a demand for high-quality, sustainable office spaces rather than a general seasonality in the overall market.

SL Green Realty Corp. is a self-managed REIT focused on acquiring, managing, and maximizing the value of commercial properties in Manhattan, New York City. As of December 31, 2025, SL Green held interests in 56 buildings, totaling 31.4 million square feet, with 28.0 million square feet in Manhattan buildings and 2.7 million square feet securing debt and preferred equity investments. The company's business segments include Office Properties, Retail Properties, Joint Ventures and Partnerships, Debt and Preferred Equity Investments, and SUMMIT, its observation deck at One Vanderbilt.

SL Green Realty Corp. primarily invests in and operates office buildings and shopping centers exclusively within New York City, with a significant focus on Manhattan. The company is recognized as "New York City's largest office landlord."

SL Green Realty Corp. has maintained a strong brand reputation, particularly in the area of sustainability and ESG initiatives. The company was named one of "America's Greenest Companies" by Newsweek in 2026 and recognized as one of "America's Climate Leaders" by USA Today in 2025. It also achieved Platinum status as "GREEN LEASE LEADERS" for 2023-2026 and received the ENERGY STAR® Partner of the Year, Sustained Excellence award from 2018-2024.

SL Green Realty Corp. is predominantly owned by institutional shareholders, who hold 97.71% of the company's stock. Major institutional owners include BlackRock Inc., Vanguard Group Inc., and State Street Corp.