
| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 50 | — | 17.8x | Around median | |
Growth | 12 | 8.5% | 7.1% | Bottom tier | |
Quality | 40 | 8.6% | 4.5% | Around median | |
Safety | 42 | 5.0x | 2.6x | Around median | |
Capital Return | 52 | 5.82% | 2.12% | Around median | |
Momentum | 67 | -1.0% | 2.9% | Top tier | |
Sentiment | 38 | 5 | 3 | Bottom tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
SL Green Realty Corp. operates as a real estate company focused on office properties in Manhattan, particularly premier assets in Midtown such as 1 Vanderbilt, 245 Park Avenue, and 11 Madison. It generates income from leasing office space, renewing leases, and raising rents, alongside fee income, investments, and real estate financing; SUMMIT One Vanderbilt also operates as an observation-experience ticketing business, and the company had deployed approximately $600 million through its debt fund as of the July 23, 2026 call.
In the latest available EDGAR filings, fiscal Q1 2026 recorded revenue of $253.1 million and a net loss of $80.7 million, representing a negative net margin of approximately 31.9%, while loss per share was $1.20. For the trailing twelve months ending in fiscal 2026, revenue was $1.0 billion, net loss was $160.2 million, and loss per share was approximately $2.27; this compares with a net loss of $96.9 million and revenue of $1.0 billion in fiscal 2025.
The fiscal Q2 2026 call showed an operational improvement not fully reflected in the latest filed EDGAR figures: economic occupancy rose by approximately 300 basis points as concession periods declined and vacancies fell, and management raised FFO guidance by $1.20 per share, or more than 26%. Of the adjustment, $0.80 came from a recurring contribution related to 1 Vanderbilt, $0.20 from the performance of the real estate portfolio, and $0.20 from fees and other income expected during the remainder of fiscal 2026.
Automated analysis for informational purposes only — not investment advice.
The average analyst target is $57, versus a wide target range of $46 to $79 and a neutral consensus; the average is below the 52-week range high of $66.29, while the highest target exceeds that peak. The 52-week range of $34.77–$66.29 and the breadth of the targets reflect the market's balancing of higher FFO guidance and leasing strength on one side against continuing GAAP losses and refinancing risks on the other.
Figures in the text are as of 2026-08-31; the live price is shown at the top of the page.
The company raised FFO guidance by $1.20 per share, or more than 26%, during the July 23, 2026 call. Of this, $0.20 came from improvement in the real estate portfolio due to renewals, accelerated space delivery, and expense control, while another $0.20 came from expected fees and other income. 1 Vanderbilt added a recurring $0.80 due to the accounting treatment of cash distributions and the amortization of negative book value.
The leasing pipeline was approximately 900 thousand square feet as of July 23, 2026, divided roughly equally between new leases and renewals. Approximately 400 thousand square feet was in advanced negotiations, while the remainder was covered by term sheets that management expects to convert into leases. The company also announced a lease for 100 thousand square feet at 11 Madison and said it would exceed its fiscal 2026 leasing target.
1 Vanderbilt was 100% leased at the time of the fiscal Q2 2026 call, and management believes its existing rents are well below market rates. The property added $0.80 per share to fiscal 2026 FFO guidance, of which $0.35 was recognized in fiscal Q2 2026. The contribution includes annual amortization of approximately $21 million through early 2031, but the variable portion will depend on the size of quarterly cash distributions.
Management indicated on July 23, 2026 that the higher benchmark interest rate was pressuring the refinancing environment, despite improved credit spreads for premier office properties. The company reduced its relative exposure to variable-rate debt, bringing its debt mix to approximately 90% fixed and 10% variable, and it also began hedging the financing for 245 Park early. Nevertheless, debt and swap maturities exist in fiscal 2027, and management deferred presenting its detailed plan for them until December 2026.
Management said SUMMIT recorded daily ticket sales exceeding $400 thousand on several days during the four weeks preceding the July 23, 2026 call. Year-over-year attendance declined by a few points in the first half of fiscal 2026, but performance improved from May as Ascent returned to full operation. The company is targeting the opening of SUMMIT Paris in summer 2027 and SUMMIT Tokyo in 2030.
Fiscal Q1 2026 revenue was approximately $253.1 million, compared with a net loss of $80.7 million and a loss per share of $1.20. For the trailing twelve months ending in fiscal 2026, the company recorded revenue of $1.0 billion and a net loss of $160.2 million. Therefore, the expected improvement in FFO and leasing should be distinguished from the continuation of accounting losses under GAAP.