SLG

-4.9%🔴 Potential overreaction

SL Green Realty Corp. · Real Estate

$46.53Vol 418.6K · 0.6× normalMkt cap −$0.17Blive · 2026-10-14 ET

What happened

Move

-4.9%

Price

$46.53

Volume

418.6K

0.6× normal

Market cap

$3.30B

−$0.17B today

Why it moved

Analyst upgradelow confidence

Piper Sandler Maintains Overweight on SL Green Realty, Lowers Price Target to $64 — finnhub-news

Weak signal: analyst upgrade, 4.2pp below its sector.

Verdict — was the move justified?

🔴 Potential overreaction

A 3.0σ move well beyond the sector with no identified fundamental or news driver — the reaction appears larger than currently visible evidence justifies. Likely flow/positioning-driven.

How unusual is this move

σ score

3.0σ

vs own 20d volatility

Percentile

93th

of 1275 daily moves

Avg daily move

±2.0%

own 5y average

vs sector

-4.2%

beyond sector median

Today’s move is among the largest 7% of SLG’s daily moves over the last 5 years — while the sector moved -0.6% and the market -0.9%.

What happened after similar moves

109 similar down moves in SLG’s 5-year history:

After 5 days

+0.3%

50% higher

After 20 days

+1.0%

52% higher

Median of same-direction moves within ±35% magnitude band. Past patterns don’t predict outcomes — context, not signal.

Fundamental context

V 35G 6P 12H 6Q 37EW 38/65

Insider activity (90d): net selling $2.32M

Valuation context

P/E (TTM)

148.5

5y median 10.4

P/E percentile

67%

vs own 1y history

Valuation sits near the middle of its own historical range (67th percentile).

Full fundamental analysis on PreMarketPrice

Pillar scores, financial statements, valuation history, news & more for SLG

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