SLG

VICI's Q2 AFFO meet estimates, while revenues beat forecasts, driven by lease growth and broader investment activity.

SL Green Realty posted a same-store occupancy of 94.7% in its fiscal 2026 second quarter, up 30 basis points sequentially, with guidance to reach 95.0% by year-end. The REIT beat on both revenue and FFO, with revenue growing by 9.1% over its year-ago comp and FFO beating consensus by $0.23 at $1.43 per share. SLG is trading at a 9.55x multiple against the midpoint of its 2026 FFO guidance range, which is cheaper than the broad REIT average as leasing continues to move up.

SL Green earns a Hold rating as FFO growth remains elusive despite a 16% YTD return and a compelling 4.6% yield. SLG's office-centric Manhattan portfolio boasts high-quality assets and strong tenant diversification, but rising interest expense and lower DPE income pressure results. Q2 FFO guidance surprised the market, with management raising the midpoint substantially, changing the profile to nearly 7% FFO growth this year.

One lease was a 29,166 square-foot renewal and expansion for insurance firm Ryan Specialty LLC, while other was a new, 27,508 square-foot lease with property management firm Solil Management LLC.

SLG's Manhattan leasing momentum strengthens as higher rents, rising occupancy and portfolio activity support second-quarter results.

SL Green Realty Corp. (SLG) Q2 2026 Earnings Call Transcript

SL Green Realty NYSE: SLG raised its 2026 funds from operations guidance sharply after what management described as a strong first half of the year, citing stronger leasing, improved economic occupancy, expense control and a recurring contribution tied to One Vanderbilt.

NEW YORK, July 22, 2026 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that a leading AI tenant has signed a new 10-year lease covering 98,420 square feet for the entire 11th floor at 11 Madison Avenue, demonstrating the on-going demand for premier office space in Midtown South. With this transaction, SL Green has signed office leases totaling 1,478,673 square feet to date in 2026, while maintaining a current pipeline of over 900,000 square feet.

Financial and Operating Highlights Net loss attributable to common stockholders of $0.38 per share for the second quarter of 2026 as compared to net loss of $0.16 per share for the same period in 2025 . F unds from operations ("FFO") of $1.43 per share for the second quarter of 2026.

NEW YORK, June 22, 2026 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that it will release its earnings for the second quarter of 2026 on Wednesday, July 22, 2026 after market close. The Company's executive management team, led by Marc Holliday, Chairman and Chief Executive Officer, will host a conference call and audio webcast on Thursday, July 23, 2026 at 2:00pm ET to discuss the financial results.