NYSEReal EstateReit - OfficeSnapshot 2026-07-31
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Create your account →Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Office REITs is in supercycle. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — Operating income improvement: metric not reported.
View ThesisRevenue is growing steadily — about 8% over the past year.
View GrowthRanks in the weakest quality tier of its industry — roughly the bottom 37%, softest on free-cash-flow margins.
View QualityManagement screens weak on earnings delivery, the balance sheet, market reaction to earnings.
View ManagementExpectations look high — what the market is pricing in runs ahead of what analysts forecast.
View ValuationThis stock is volatile — it swings about 2% on a typical day and fell roughly 45% in its worst 12-month stretch.
View RiskSL Green's growth in Manhattan office leasing must continue to justify its price. Revenue grew 9% year over year, and the last quarter beat expectations by 20%. It trades at 34× P/FFO, while the peer median is 14×. The market is pricing in more growth than forecasted, making expectations look full. A specific risk is the 43% chance of missing outlook next quarter. Peer multiples imply a price about 16% below where it trades; this read is provisional.
Trailing returns as of 2026-07-31. SLG is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 19 analysts currently covering SLG (as of Jul 2026).
Based on 7 Wall Street analysts offering 12-month price targets for SLG in the last 4 months.
A consensus fair price across 3 valuation methods, at three horizons. As of 2026-08-01. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Office REITs — fair value, gap to price, and forward P/E.
Threatens: Increase Manhattan same-store office occupancy to 95.0%
Halting construction impacts office occupancy goals.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-07-31. EPS is implied from price ÷ P/E. Not investment advice.
Current $52.93
The last 12 months of price, then the range of analyst 12-month targets from today’s $52.93.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Above average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
Advances: Increase Manhattan same-store office occupancy to 95.0%
Increases occupancy towards 95% target.
Advances: Increase Funds From Operations (FFO) guidance for 2026
FFO guidance increase supports growth objectives.
Advances: Increase Manhattan office leasing activity and mark-to-market rents
Strong leasing activity supports increased office leasing objective.
Advances: Increase Funds From Operations (FFO) guidance for 2026
Upward FFO guidance indicates positive financial outlook.
Sale and JV deals enhance revenue growth potential.
Partnership with Mori supports revenue growth objective.
New tower project contributes to revenue growth.
