SL Green Realty reports Q4 net loss

Reuters01-29

SL Green Realty reports Q4 net loss

Overview

Manhattan office landlord's Q4 net loss was $104.6 mln, reversing prior yr profit
Q4 FFO per share decreased yr/yr, impacted by fewer debt extinguishments
Company closed $730 mln acquisition of Park Avenue Tower in January 2026

Outlook

Company did not provide specific guidance for future quarters or full year

Result Drivers

LEASE SIGNINGS - SL Green signed 56 Manhattan office leases totaling 766,783 sq ft in Q4 2025, with a 6.4% increase in mark-to-market rents
OCCUPANCY INCREASE - Manhattan same-store office occupancy rose to 93.0% as of Dec 31, 2025, up from 92.4% in the previous quarter
DEBT EXTINGUISHMENTS - Lower gains from discounted debt extinguishments impacted FFO per share compared to the previous year

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q4 EPS		-$1.49
Q4 Net Income		-$104.60 mln
Q4 FFO Per Share		$1.13

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy", 9 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the commercial reits peer group is "buy."
Wall Street's median 12-month price target for SL Green Realty Corp is $54.00, about 20.2% above its January 27 closing price of $44.91

Press Release: ID:nGNX7BwWfV

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4194","symbol_name":"办公房地产投资信托","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260128:nL1N3YT1DH:1","article_id":"2607286397","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2607286397","pubTimestamp":1769634954,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"SL Green Realty reports Q4 net lossOverviewManhattan office landlord's Q4 net loss was $104.6 mln, reversing prior yr profitQ4 FFO per share decreased yr/yr, impacted by fewer debt extinguishmentsComp","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4194":"办公房地产投资信托","SLG":"SL Green Realty Corp","BK4223":"办公室房地产信托","BK4588":"碎股","BK4585":"ETF&股票定投概念"},"translate_title":"SL Green Realty报告第四季度净亏损","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SLG":0.9},"content_text":"SL Green Realty reports Q4 net loss OverviewManhattan office landlord's Q4 net loss was $104.6 mln, reversing prior yr profitQ4 FFO per share decreased yr/yr, impacted by fewer debt extinguishmentsCompany closed $730 mln acquisition of Park Avenue Tower in January 2026OutlookCompany did not provide specific guidance for future quarters or full yearResult DriversLEASE SIGNINGS - SL Green signed 56 Manhattan office leases totaling 766,783 sq ft in Q4 2025, with a 6.4% increase in mark-to-market rentsOCCUPANCY INCREASE - Manhattan same-store office occupancy rose to 93.0% as of Dec 31, 2025, up from 92.4% in the previous quarterDEBT EXTINGUISHMENTS - Lower gains from discounted debt extinguishments impacted FFO per share compared to the previous yearKey DetailsMetricBeat/MissActualConsensus EstimateQ4 EPS-$1.49Q4 Net Income-$104.60 mlnQ4 FFO Per Share$1.13Analyst CoverageThe current average analyst rating on the shares is \"hold\" and the breakdown of recommendations is 6 \"strong buy\" or \"buy\", 9 \"hold\" and 1 \"sell\" or \"strong sell\"The average consensus recommendation for the commercial reits peer group is \"buy.\"Wall Street's median 12-month price target for SL Green Realty Corp is $54.00, about 20.2% above its January 27 closing price of $44.91Press Release: ID:nGNX7BwWfVFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. 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