SL Green Realty (NYSE:SLG) Shares Pass Above Two Hundred Day Moving Average – Here’s Why

19 May 2026, 03:47 by Doug Wharley · The Cerbat Gem

SL Green Realty Corporation (NYSE:SLG – Get Free Report)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $43.28 and traded as high as $43.71. SL Green Realty shares last traded at $42.9940, with a volume of 1,186,475 shares.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Barclays lowered their price target on SL Green Realty from $54.00 to $43.00 and set an “equal weight” rating for the company in a report on Thursday, February 26th. Weiss Ratings reiterated a “sell (d+)” rating on shares of SL Green Realty in a report on Wednesday, January 21st. Raymond James Financial set a $44.00 price objective on SL Green Realty in a research report on Tuesday, February 3rd. Scotiabank set a $52.00 target price on SL Green Realty and gave the stock a “sector outperform” rating in a research note on Friday, March 13th. Finally, Evercore reaffirmed an “outperform” rating and issued a $46.00 price target on shares of SL Green Realty in a research note on Friday, April 17th. Eight investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $51.15.

Read Our Latest Stock Report on SLG

SL Green Realty Trading Up 1.3%

The company has a market capitalization of $3.07 billion, a P/E ratio of -17.13 and a beta of 1.60. The business has a fifty day moving average price of $40.15 and a 200 day moving average price of $43.28. The company has a quick ratio of 3.03, a current ratio of 3.03 and a debt-to-equity ratio of 1.18.

SL Green Realty Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were issued a $0.6175 dividend. This represents a $2.47 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date was Tuesday, March 31st. SL Green Realty’s payout ratio is -98.41%.

Institutional Trading of SL Green Realty

A number of institutional investors have recently modified their holdings of the company. State Street Corp lifted its holdings in shares of SL Green Realty by 1.0% in the second quarter. State Street Corp now owns 4,257,874 shares of the real estate investment trust’s stock valued at $264,636,000 after purchasing an additional 41,873 shares in the last quarter. Alyeska Investment Group L.P. lifted its holdings in shares of SL Green Realty by 25.5% in the fourth quarter. Alyeska Investment Group L.P. now owns 3,041,226 shares of the real estate investment trust’s stock valued at $139,501,000 after purchasing an additional 617,488 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of SL Green Realty by 62.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,918,292 shares of the real estate investment trust’s stock valued at $133,862,000 after purchasing an additional 1,117,357 shares in the last quarter. Cohen & Steers Inc. bought a new stake in shares of SL Green Realty in the fourth quarter valued at about $121,675,000. Finally, Charles Schwab Investment Management Inc. raised its holdings in SL Green Realty by 2.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,561,121 shares of the real estate investment trust’s stock worth $71,609,000 after acquiring an additional 32,779 shares in the last quarter. 89.96% of the stock is currently owned by institutional investors.

SL Green Realty Company Profile

(Get Free Report)

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.