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SL Green Realty NYSE: SLG said its third-quarter performance reflected continued strength in Manhattan's office leasing market, as the company surpassed 2 million square feet of leasing year to date and lifted leased occupancy to 95%.
SL Green Realty Corp. leverages prime New York City locations and disciplined sales to outperform peers, especially during market downturns. SLG's management consistently executes on sales plans, often surprising the market and driving upward stock reactions even in challenging environments. Quarterly earnings were a slight miss, but guidance was raised due to a material, though unpredictable, property sale.
SL Green Realty Corp. ( SLG ) Q3 2026 Earnings Call October 22, 2026 2:00 PM EDT Company Participants Marc Holliday - Chairman & CEO Steven Durels - Executive VP and Director of Leasing & Real Property Matthew Diliberto - Chief Financial Officer Harrison Sitomer - President & Chief Investment Officer Conference Call Participants Nicholas Yulico - Scotiabank Global Banking and Markets, Research Division Steve Sakwa - Evercore ISI Institutional Equities, Research Division Peter Abramowitz - Deutsche Bank AG, Research Division Alexander Goldfarb - Piper Sandler & Co., Research Division Blaine Heck - Wells Fargo Securities, LLC, Research Division John Kim - BMO Capital Markets Equity Research Anthony Paolone - JPMorgan Chase & Co, Research Division Caitlin Burrows - Goldman Sachs Group, Inc., Research Division Jana Galan - BofA Securities, Research Division Annabelle Ayer - Barclays Bank PLC, Research Division Ronald Kamdem - Morgan Stanley, Research Division Seth Bergey - Citigroup Inc., Research Division Michael Lewis - Truist Securities, Inc., Research Division Presentation Operator Thank you, everybody, for joining us, and welcome to SL Green Realty Corp.'s Third Quarter 2026 Earnings Results Conference Call. This conference call is being recorded.
SL Green (SLG) came out with quarterly funds from operations (FFO) of $1.59 per share, in line with the Zacks Consensus Estimate . This compares to FFO of $1.58 per share a year ago.
While the top- and bottom-line numbers for SL Green (SLG) give a sense of how the business performed in the quarter ended September 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Financial and Operating Highlights Net income attributable to common stockholders of $1.01 per share for the third quarter of 2026 as compared to net income of $0.34 per share for the same period in 2025 . F unds from operations ("FFO") of $1.59 per share for the third quarter of 2026 as compared to FFO of $1.58 per share for the same period in 2025.
Milestone anniversary comes as SUMMIT surpasses 10 million guests in New York City and expands its immersive observatory experience globally Milestone anniversary comes as SUMMIT surpasses 10 million guests in New York City and expands its immersive observatory experience globally
SLG's leasing momentum, rising occupancy and higher rents support growth, but elevated debt, Manhattan concentration and high competition pose risks.