SL Green Realty (GEI) AI Stock Analysis

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SL Green Realty

(Frankfurt:GEI)

Rating:―N/A

Action:N/A

Date:―

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Positive Factors

Leasing StrengthHigh occupancy, strong leasing volume, and positive rent spreads indicate durable demand for SL Green’s Manhattan properties. These trends support recurring rental revenue, improve asset utilization, and provide a foundation for same-store NOI growth as leases renew or space is re-leased.

Negative Factors

Weak Cash GenerationThe sharp decline in operating cash flow reduces the internal cash cushion available for debt service, leasing investment, and development commitments. Even with positive free cash flow, weaker conversion and a steep negative trajectory increase sensitivity to operating volatility.

SL Green Realty (GEI) vs. iShares MSCI Germany ETF (EWG)

Market Cap: EUR 3.52B
Dividend Yield: 4.67%
Average Volume (3M): 41
Price to Earnings (P/E): -24.1
Beta (1Y): 0.66
Revenue Growth: 3.63%
EPS Growth: -7676.44%
Country: Germany
Employees: 1,289
Sector: Real Estate
Sector Strength: 65
Industry: REIT - Office

SL Green Realty Business Overview & Revenue Model

Company Description

SL Green Realty Corp., an S&P 500 listed company, is recognized as Manhattan's premier office landlord. Operating as a fully integrated Real Estate Investment Trust (REIT), its core strategy involves the acquisition, management, and value maximizatio...

SL Green Realty Earnings Call Summary

Earnings Call Date:Oct 21, 2026(Q3-2026)|% Change Since:7.31%|Next Earnings Date:Jan 27, 2027

Earnings Call SentimentPositive

The call was strongly positive overall. Management reported exceptional leasing performance, 95% leased occupancy, more than 4% same-store NOI growth, substantial financing and disposition activity, strong demand for Manhattan office assets, and multiple development and fee-income initiatives. The principal challenges were higher interest rates, some potential timing slippage in dispositions, and Summit operating below its initial expectations, but these issues were presented alongside significant operating and capital-markets progress.

Positive Updates

Leasing Volume and Occupancy Exceeded Expectations

SL Green surpassed 2 million square feet of leasing year-to-date, bringing leased occupancy to 95%. Management said rents are generally exceeding previous rents by around 15%, while same-store NOI growth exceeded 4%.

Negative Updates

Higher Interest Rates Reduced Earnings

Management identified stubbornly high interest rates as the primary drag on earnings. Rates increased by about 150 basis points during the year, and the higher-rate environment had a $0.25 impact on the back half of the year. Of that amount, approximately $0.05 was attributed to fee income and the remainder to interest expense.

Company Guidance

Management said earnings guidance was up more than $2 per share from the original estimates last December; higher interest rates had a $0.25 impact on the back half of the year, including call it $0.05 of fee income and the rest interest expense, while the $0.20 interest-rate headwind applies to the third and fourth quarter. For 2027, the objective remains same-store NOI, cash NOI north of 10%, with dispositions expected to be weighted more toward joint ventures than outright sales; the company has completed over $1 billion of pro rata value and is working toward the full $2.5 billion, with some deals potentially deferred into the first half of '27. Management expects 2 DPOs to be announced by the end of the year, one closing in '26 and one in 2027, expects Paris construction to be completed in May and the facility to open in June of 2027, expects approximately a $500 million construction loan for 750 Third Avenue and delivery in 2029, and said 346 Madison is not expected to complete construction until fourth quarter of 2031.

SL Green Realty Risk Analysis

SL Green Realty disclosed 37 risk factors in its most recent earnings report. SL Green Realty reported the most risks in the "Finance & Corporate" category.

Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy

Latest Risks Added

0 New Risks

SL Green Realty Peers Comparison

Overall Rating

UnderperformOutperform

Sector (65)

Financial Indicators

DE:GEI against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
BXP	64Neutral	$11.28B	18.94	10.32%	4.41%	2.67%	―
VNO	58Neutral	$7.24B	-126.12	0.15%	2.10%	1.55%	-106.41%
KRC	56Neutral	$4.22B	144.88	0.54%	5.96%	-3.61%	-91.01%
DEI	54Neutral	$1.68B	-82.18	-1.12%	7.59%	1.83%	-208.63%
HPP	47Neutral	$497.07M	-0.85	-22.70%	―	3.69%	40.23%

* Real Estate Sector Average

Performance Comparison

DE:GEI and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
DE:GEI	SL Green Realty Corp	44.76	5.21	13.18%
BXP	BXP	63.44	-4.20	-6.21%
DEI	Douglas Emmett	10.01	-0.91	-8.36%
HPP	Hudson Pacific Properties	8.64	-5.71	-39.79%
KRC	Kilroy Realty	36.22	-2.86	-7.31%
VNO	Vornado Realty Trust	35.20	1.23	3.63%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

SL Green Realty AI Stock Analysis