---
title: "SL Green Realty posts wider loss, raises 2026 guidance"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293654060.md"
description: "SL Green Realty reported a wider net loss for Q2 2026, with diluted EPS of ($0.38). However, the company raised its 2026 FFO and net income guidance, citing robust leasing activity, increased office occupancy to 94.7%, and capital recycling proceeds from asset sales used for debt repayment. Despite analyst ratings of 'Sell' and AI assessment of 'Neutral' due to weak profitability and leverage, management expressed confidence in improved operating income."
datetime: "2026-07-23T18:17:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293654060.md)
  - [en](https://longbridge.com/en/news/293654060.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293654060.md)
---

# SL Green Realty posts wider loss, raises 2026 guidance

An announcement from SL Green Realty ( (SLG) ) is now available.

SL Green Realty reported a larger net loss for the quarter and six months ended June 30, 2026, with diluted EPS of ($0.38) in the second quarter versus ($0.16) a year earlier, while funds from operations came in at $1.43 per share, below the prior-year period that was boosted by one-time mortgage income. Despite softer year-on-year FFO, same-store cash NOI in Manhattan rose and office occupancy climbed to 94.7%, supported by robust leasing activity with significant rent mark-to-market gains.

The company executed a series of capital recycling moves in May 2026, selling the residential and retail portions of 7 Dey Street and a 49% joint venture interest in 346 Madison Avenue, and entering a contract to sell 10 East 53rd Street, collectively generating substantial cash proceeds earmarked partly for debt repayment. SL Green also continued to deploy capital through its $1.3 billion opportunistic debt fund and repurchased $14.1 million of common stock, while raising its 2026 FFO and net income guidance, signaling management’s confidence in improved operating income, incremental fee revenue and higher contributions from One Vanderbilt Avenue.

The most recent analyst rating on (SLG) stock is a Sell  
with a $38.00 price target.  
To see the full list of analyst forecasts on SL Green Realty stock,  
see the SLG Stock Forecast page.

**Spark’s Take on SLG Stock**

According to Spark, TipRanks’ AI Analyst, SLG is a Neutral.

SLG scores in the mid-range primarily due to weak profitability and elevated leverage despite improving revenue/margins and solid free cash flow. Technicals are moderately supportive with price above key moving averages and positive MACD, while valuation is mixed (high yield but negative P/E from losses). The latest earnings call was notably upbeat on leasing/occupancy momentum, but near-term cash flow pressure from leasing costs and the time needed to cover the dividend with FAD temper the outlook.

To see Spark’s full report on SLG stock,  
click here.

**More about SL Green Realty**

SL Green Realty Corp., listed on the NYSE as SLG, is a real estate investment trust focused on owning, managing and leasing office properties in Manhattan, along with select retail and residential assets. The company also operates an opportunistic debt fund and engages in joint venture developments, positioning itself as a major player in New York City’s commercial office market.

Its portfolio strategy combines core office holdings, targeted property sales and structured debt investments to optimize cash flow and capital recycling. SL Green’s emphasis on Manhattan same-store performance, active leasing and partnerships with global developers underpins its role as a bellwether for the health of the city’s high-end office sector.

**Average Trading Volume:** 1,109,835

**Technical Sentiment Signal:** Strong Buy

**Current Market Cap:** $3.91B

Find detailed analytics on SLG stock on TipRanks’ Stock Analysis page.

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