SL Green Realty

SLG

Market cap $2.62B

SL Green (SLG) reported earnings 30 days ago. What's next for the stock?

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Shares of office-focused SL Green have plunged this year on weaker earnings and a dividend policy shift. A rebound in Manhattan leasing and affordable valuation could reward long-term holders—but income investors face real risks.

The 10-year Treasury needs to finally start falling. The green shoots of a recovery in the office sector must continue.

NEW YORK, Feb. 09, 2026 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), New York City's largest office landlord, today announced that Marc Holliday, Chairman and Chief Executive Officer, Harrison Sitomer, Chief Investment Officer and Matt DiLiberto, Chief Financial Officer, will participate in a roundtable discussion at Citi's 31st Annual Global Property CEO Conference on Monday, March 2, 2026 at 8:50 AM ET. The roundtable discussion will be webcast.

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.

Quarterly-paying dividend stocks? Ha! We save those for the poor vanilla investors.

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

SLG tops Q4 FFO estimates as Manhattan leasing and rents improve, but rising interest expenses and weaker full-year results weigh on shares.