SL Green Realty (NYSE:SLG) Rating Increased to Buy at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft upgraded shares of SL Green Realty (NYSE:SLG) from a hold rating to a buy rating in a research report sent to investors on Wednesday morning, MarketBeat reports. The firm currently has $44.00 price target on the real estate investment trust’s stock, down from their prior price target of $45.00.

Several other equities analysts have also issued reports on the company. The Goldman Sachs Group set a $37.00 price objective on SL Green Realty and gave the company a “sell” rating in a research report on Friday, February 6th. BMO Capital Markets reduced their price objective on shares of SL Green Realty from $63.00 to $60.00 and set an “outperform” rating for the company in a research note on Monday, December 8th. Piper Sandler cut their price objective on SL Green Realty from $62.00 to $60.00 and set an “overweight” rating for the company in a report on Monday, January 5th. Zacks Research upgraded SL Green Realty from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 25th. Finally, Citigroup cut their price target on SL Green Realty from $70.00 to $55.00 and set a “buy” rating for the company in a report on Wednesday, February 4th. Eight research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $52.80.

SL Green Realty Stock Up 0.5%

Shares of SL Green Realty stock opened at $38.36 on Wednesday. The company has a quick ratio of 2.66, a current ratio of 2.66 and a debt-to-equity ratio of 1.05. SL Green Realty has a 12 month low of $35.03 and a 12 month high of $66.91. The stock has a market cap of $2.74 billion, a PE ratio of -23.83 and a beta of 1.66. The business has a fifty day simple moving average of $42.04 and a 200 day simple moving average of $48.50.

SL Green Realty (NYSE:SLG) last announced its quarterly earnings results on Wednesday, January 28th. The real estate investment trust reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $1.10 by $0.03. The company had revenue of $159.82 million during the quarter, compared to analysts’ expectations of $162.73 million. SL Green Realty had a negative return on equity of 2.44% and a negative net margin of 9.66%.SL Green Realty’s revenue was up 14.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.81 EPS. Research analysts predict that SL Green Realty will post 5.43 EPS for the current year.

Insiders Place Their Bets

In other news, insider Andrew S. Levine sold 1,493 shares of the stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $45.27, for a total transaction of $67,588.11. Following the sale, the insider directly owned 7,045 shares of the company’s stock, valued at approximately $318,927.15. This represents a 17.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Marc Holliday sold 22,223 shares of the stock in a transaction dated Tuesday, December 23rd. The stock was sold at an average price of $44.40, for a total transaction of $986,701.20. Following the sale, the chief executive officer owned 9,698 shares in the company, valued at $430,591.20. The trade was a 69.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 5.04% of the company’s stock.

Institutional Investors Weigh In On SL Green Realty

Hedge funds have recently made changes to their positions in the stock. AQR Capital Management LLC boosted its position in SL Green Realty by 74.8% in the first quarter. AQR Capital Management LLC now owns 26,883 shares of the real estate investment trust’s stock valued at $1,519,000 after buying an additional 11,506 shares in the last quarter. United Services Automobile Association acquired a new position in SL Green Realty during the 1st quarter worth about $253,000. Empowered Funds LLC boosted its holdings in SL Green Realty by 10.9% in the first quarter. Empowered Funds LLC now owns 7,374 shares of the real estate investment trust’s stock valued at $425,000 after acquiring an additional 722 shares during the last quarter. Allworth Financial LP boosted its stake in shares of SL Green Realty by 2,432.8% in the 2nd quarter. Allworth Financial LP now owns 1,697 shares of the real estate investment trust’s stock valued at $105,000 after purchasing an additional 1,630 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in SL Green Realty by 0.4% during the second quarter. Geode Capital Management LLC now owns 1,833,682 shares of the real estate investment trust’s stock valued at $113,518,000 after acquiring an additional 6,690 shares during the last quarter. 89.96% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting SL Green Realty

Here are the key news stories impacting SL Green Realty this week:

• Positive Sentiment: Deutsche Bank upgraded SLG from “hold” to “buy” and set a $44 price target (slightly cut from $45), signaling near‑term upside from the broker community. Deutsche Bank Upgrade via Benzinga/Finviz
• Positive Sentiment: Scotiabank raised its price target to $52 and kept an Outperform rating, a more bullish view that implies meaningful upside relative to current levels. Scotiabank Raises Price Target to $52
• Positive Sentiment: One Madison Avenue reached 100% leased, a tangible operational win that should support cash flow and leasing momentum in SLG’s core Manhattan office portfolio. One Madison 100% Leased (MSN)
• Neutral Sentiment: SLG agreed to sell residential and retail segments of 7 Dey Street to GO Residential for $222.6M; SLG retains the office portion, suggesting asset recycling without meaningfully altering core office exposure. SLG to Sell 7 Dey Street for $222.6M (Zacks)
• Neutral Sentiment: SLG announced its Q1 2026 results will be released after the close on April 15 with a conference call on April 16 — an upcoming catalyst that can drive volatility. Q1 2026 Results Date (GlobeNewswire)
• Neutral Sentiment: Analysts’ consensus remains around “hold,” per a recent roundup, which limits broad upward momentum despite some buy-side upgrades. Analysts Average “Hold” (American Banking News)
• Negative Sentiment: A Seeking Alpha piece criticizes SLG’s transparency and says recent divestments are too small (2–3% of the balance sheet) to clarify underlying financial health — a narrative that can weigh on investor confidence and multiple expansion. SL Green: Too Opaque To Get Involved (Seeking Alpha)

About SL Green Realty

SL Green Realty Corp. (NYSE: SLG) is a publicly traded real estate investment trust (REIT) focused primarily on the acquisition, management and development of commercial office properties in Manhattan. As one of New York City’s largest office landlords, the company’s portfolio includes Class A office buildings and mixed-use projects located in prime Midtown and Downtown submarkets. SL Green generates revenue through leasing office space to a diverse mix of tenants spanning financial services, technology, media and professional services firms.

Founded in 1980 by real estate investor Stephen L.