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SL Green Realty (SLG) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

SLG Stock Forecast

SL Green Realty stock forecast is as follows: an average price target of $73.27 (represents a 9.70% upside from SLG’s last price of $66.79) and a rating consensus of 'Hold', based on 12 wall street analysts offering a 1-year stock forecast.

SLG Price Target

The average price target for SL Green Realty (SLG) is $73.27 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $90.00 to $63.00. This represents a potential 9.70% upside from SLG's last price of $66.79.

SLG Analyst Ratings

Hold

According to 12 Wall Street analysts, SL Green Realty's rating consensus is 'Hold'. The analyst rating breakdown for SLG stock is 1 'Strong Buy' (8.33%), 3 'Buy' (25.00%), 8 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

SL Green Realty Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 22, 2024Jonathan PetersenJefferies$72.00$79.63-9.58%7.80%
Oct 22, 2024Brendan LynchBarclays$78.00$76.801.56%16.78%
Oct 21, 2024Michael LewisTruist Financial$72.00$77.37-6.94%7.80%
Oct 21, 2024John KimBMO Capital$87.00$77.5012.27%30.26%
Oct 21, 2024Alexander GoldfarbPiper Sandler$90.00$78.7714.26%34.75%
Oct 18, 2024Steve SakwaEvercore ISI$79.00$78.580.53%18.28%
Oct 18, 2024Floris van DijkumCompass Point$65.00$75.15-13.51%-2.68%
Oct 17, 2024Alexander GoldfarbPiper Sandler$75.00$72.693.18%12.29%
Sep 18, 2024Floris van DijkumCompass Point$60.00$69.21-13.31%-10.17%
Sep 16, 2024Steve SakwaEvercore ISI$66.00$69.40-4.90%-1.18%
Sep 12, 2024Michael GriffinGriffin$66.00$68.34-3.42%-1.18%
Sep 12, 2024Nicholas JosephCitigroup$66.00$68.34-3.42%-1.18%
Sep 11, 2024Blaine HeckWells Fargo$63.00$64.15-1.79%-5.67%
Aug 07, 2024Nicholas YulicoScotiabank$68.00$62.698.47%1.81%
Jul 30, 2024John KimBMO Capital$72.00$65.569.82%7.80%
Jul 15, 2024Brendan LynchBarclays$49.00$61.72-20.61%-26.64%
Jul 09, 2024Sector PerformScotiabank$53.00$55.88-5.15%-20.65%
Apr 24, 2024Jonathan PetersenJefferies$45.00$52.16-13.73%-32.62%
Apr 18, 2024John KimBMO Capital$58.00$49.6716.77%-13.16%
Apr 17, 2024Alexander GoldfarbPiper Sandler$58.00$49.7116.68%-13.16%
Apr 02, 2024Nicholas YulicoScotiabank$43.00$52.93-18.76%-35.62%
Mar 28, 2024Ronald KamdemMorgan Stanley$47.00$53.74-12.54%-29.63%
Mar 18, 2024Steve SakwaEvercore ISI$44.00$51.04-13.79%-34.12%
Aug 16, 2023Ronald JoseyMorgan Stanley$21.00$32.50-35.38%-68.56%
Jul 18, 2023John KimBMO Capital$30.00$31.53-4.85%-55.08%
Sep 14, 2022Michael LewisTruist Financial$59.00$46.2527.57%-11.66%
Jun 10, 2022Alexander GoldfarbPiper Sandler$60.00$53.6411.86%-10.17%
Apr 28, 2022Wells Fargo$76.00$71.855.78%13.79%
Jul 26, 2021Anthony PaoloneJ.P. Morgan$71.10$72.05-1.32%6.45%
Jul 19, 2021Vikram MalhortaMizuho Securities$75.23$69.977.52%12.64%
Jul 15, 2021Jonathan PetersenJefferies$76.26$74.182.80%14.18%
Jun 14, 2021Alexander GoldfarbPiper Sandler$90.68$79.6413.86%35.77%
May 25, 2021Caitlin BurrowsGoldman Sachs$93.78$73.2827.97%40.41%
May 21, 2021James SullivanBTIG$108.20$72.7548.73%62.00%

The latest SL Green Realty stock forecast, released on Nov 22, 2024 by Jonathan Petersen from Jefferies, set a price target of $72.00, which represents a -9.58% decrease from the stock price at the time of the forecast ($79.63), and a 7.80% increase from SLG last price ($66.79).

SL Green Realty Price Target by Period

1M3M12M
# Anlaysts1923
Avg Price Target$72.00$75.33$64.17
Last Closing Price$66.79$66.79$66.79
Upside/Downside7.80%12.79%-3.92%

In the current month, the average price target of SL Green Realty stock is $72.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 7.80% increase as opposed to SL Green Realty's last price of $66.79. This month's average price target is down -4.42% compared to last quarter, and up 12.20% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Nov 22, 2024JefferiesHoldHoldHold
Oct 21, 2024BMO CapitalOutperformOutperformHold
Oct 18, 2024Compass PointNeutralNeutralHold
Oct 17, 2024Piper SandlerOverweightOverweightHold
Oct 10, 2024BarclaysEqual-WeightEqual-WeightHold
Sep 18, 2024Compass PointNeutralUpgrade
Sep 16, 2024Evercore ISIUnderperformPositiveUpgrade
Sep 12, 2024CitigroupSellNeutralUpgrade
Sep 11, 2024Wells FargoEqual-WeightEqual-WeightHold
Aug 28, 2024Evercore ISIUnderperformUnderperformHold
Aug 07, 2024ScotiabankSector PerformSector PerformHold
Jul 30, 2024BMO CapitalOutperformOutperformHold
Jul 24, 2024Piper SandlerOverweightOverweightHold
Jul 22, 2024Bank of America SecuritiesNeutralNeutralHold
Jul 15, 2024BarclaysEqual-WeightEqual-WeightHold
Jul 09, 2024ScotiabankUnderperformSector PerformUpgrade
Jul 01, 2024Evercore ISIUnderperformUnderperformHold
Jun 13, 2024CitigroupSellSellHold
Apr 24, 2024JefferiesHoldHoldHold
Apr 18, 2024BMO CapitalPerformOutperformUpgrade
Apr 17, 2024Piper SandlerOverweightOverweightHold
Apr 02, 2024ScotiabankUnderperformUnderperformHold
Dec 07, 2023BarclaysUnderweightUnderweightHold
Aug 17, 2023BMO CapitalOutperformPerformDowngrade
Aug 16, 2023Morgan StanleyEqual-WeightEqual-WeightHold
Jul 21, 2023Piper SandlerOverweightUpgrade
Jul 18, 2023Morgan StanleyEqual-WeightEqual-WeightHold
Jul 18, 2023CitigroupNeutralNeutralHold
Jul 18, 2023BMO CapitalMarket PerformOutperformUpgrade
May 31, 2023BMO CapitalMarket PerformMarket PerformHold
Mar 28, 2023CitigroupSellSellHold
Dec 06, 2022Raymond JamesStrong BuyStrong BuyHold
Dec 06, 2022ScotiabankUnderperformDowngrade
Sep 08, 2022BMO CapitalOutperformUpgrade
Apr 28, 2022Wells FargoEqual-WeightEqual-WeightHold

SL Green Realty's last stock rating was published by Jefferies on Nov 22, 2024. The company gave SLG a "Hold" rating, the same as its previous rate.

SL Green Realty Financial Forecast

SL Green Realty Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$211.72M-$221.07M$223.57M$224.87M$212.46M$201.44M$187.96M$194.58M$205.20M$218.11M$226.10M$234.90M$249.84M$253.70M$314.30M$308.08M$313.63M
Avg Forecast$152.62M$150.51M$148.45M$146.39M$144.14M$145.42M$145.04M$145.00M$141.69M$136.67M$133.83M$143.14M$140.75M$156.96M$178.80M$179.89M$178.01M$147.61M$148.72M$141.47M$149.27M$168.67M$171.55M$178.41M$181.80M$189.65M$196.11M$220.62M$249.44M$243.02M
High Forecast$156.33M$154.16M$152.05M$149.95M$147.64M$148.95M$148.56M$148.83M$145.34M$137.75M$133.83M$143.14M$140.96M$160.77M$183.14M$184.25M$182.33M$154.47M$155.64M$148.05M$156.21M$176.51M$179.53M$186.71M$190.26M$198.47M$205.23M$230.88M$261.05M$254.33M
Low Forecast$149.42M$147.35M$145.33M$143.32M$141.12M$142.37M$142.00M$142.59M$139.63M$135.60M$133.83M$143.14M$140.57M$153.66M$175.04M$176.11M$174.27M$143.91M$145.00M$137.92M$145.53M$164.44M$167.25M$173.95M$177.25M$184.90M$191.20M$215.09M$243.19M$236.93M
# Analysts1111111342336333422233331098765
Surprise %------------1.50%-1.24%1.24%1.26%1.44%1.35%1.33%1.30%1.22%1.27%1.27%1.29%1.32%1.29%1.42%1.24%1.29%

SL Green Realty's average Quarter revenue forecast for Mar 24 based on 3 analysts is $143.14M, with a low forecast of $143.14M, and a high forecast of $143.14M. SLG's average Quarter revenue forecast represents a -32.39% decrease compared to the company's last Quarter revenue of $211.72M (Dec 23).

SL Green Realty EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111342336333422233331098765
EBITDA------------$172.17M-$-225.40M$84.22M$77.07M$79.63M$94.60M$76.63M$17.57M$460.53M$190.86M$88.67M$263.05M$139.24M$191.85M$229.98M$136.36M$161.92M
Avg Forecast$59.27M$58.45M$57.65M$56.86M$55.98M$56.48M$56.33M$56.32M$55.03M$53.08M$51.98M$55.59M$54.66M$60.96M$69.44M$69.86M$64.30M$60.52M$60.97M$58.00M$61.20M$69.15M$70.33M$116.38M$74.54M$77.75M$80.40M$199.32M$102.27M$99.64M
High Forecast$60.71M$59.87M$59.05M$58.24M$57.34M$57.85M$57.70M$57.80M$56.45M$53.50M$51.98M$55.59M$54.75M$62.44M$71.13M$71.56M$77.16M$63.33M$63.81M$60.70M$64.05M$72.37M$73.61M$139.65M$78.01M$81.37M$84.14M$239.18M$107.03M$104.27M
Low Forecast$58.03M$57.23M$56.44M$55.66M$54.81M$55.29M$55.15M$55.38M$54.23M$52.66M$51.98M$55.59M$54.59M$59.68M$67.98M$68.40M$51.44M$59.00M$59.45M$56.55M$59.67M$67.42M$68.57M$93.10M$72.67M$75.81M$78.39M$159.46M$99.71M$97.14M
Surprise %------------3.15%--3.25%1.21%1.20%1.32%1.55%1.32%0.29%6.66%2.71%0.76%3.53%1.79%2.39%1.15%1.33%1.63%

3 analysts predict SLG's average Quarter EBITDA for Mar 24 to be $55.59M, with a high of $55.59M and a low of $55.59M. This is -67.71% lower than SL Green Realty's previous annual EBITDA (Dec 23) of $172.17M.

SL Green Realty Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111342336333422233331098765
Net Income------------$-155.62M-$-586.86M$-36.77M$-101.03M$-9.61M$-53.27M$-1.86M$-62.22M$393.77M$110.89M$-1.88M$176.60M$19.46M$62.53M$121.20M$23.89M$39.63M
Avg Forecast$-30.26M$-37.35M$-28.97M$-32.84M$-31.87M$-37.67M$-31.23M$-37.02M$-19.10M$-32.61M$-672.79K$54.89M$-54.61M$-26.52M$-43.92M$58.70M$-167.31M$6.20M$11.38M$62.78M$-13.53M$-8.64M$-767.20K$-2.47M$-19.10M$-22.26M$4.47M$105.05M$25.64M$25.26M
High Forecast$-29.44M$-36.33M$-28.18M$-31.94M$-31.00M$-36.64M$-30.38M$-33.38M$-16.63M$-31.72M$-654.42K$65.86M$-52.75M$-25.80M$-42.73M$70.44M$-133.85M$6.57M$12.07M$75.34M$-13.09M$-8.36M$-742.22K$-1.97M$-18.47M$-21.54M$4.74M$126.06M$27.19M$26.79M
Low Forecast$-31.22M$-38.52M$-29.89M$-33.87M$-32.88M$-38.86M$-32.21M$-41.23M$-21.05M$-33.64M$-694.02K$43.91M$-60.20M$-27.36M$-45.31M$46.96M$-200.77M$6.00M$11.01M$50.23M$-14.35M$-9.16M$-813.60K$-2.96M$-20.25M$-23.61M$4.32M$84.04M$24.80M$24.44M
Surprise %------------2.85%-13.36%-0.63%0.60%-1.55%-4.68%-0.03%4.60%-45.57%-144.54%0.76%-9.25%-0.87%14.00%1.15%0.93%1.57%

SL Green Realty's average Quarter net income forecast for Dec 21 is $-13.53M, with a range of $-14.35M to $-13.09M. SLG's average Quarter net income forecast represents a -103.44% decrease compared to the company's last Quarter net income of $393.77M (Sep 21).

SL Green Realty SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111342336333422233331098765
SG&A------------$42.26M-$22.97M$23.29M$24.22M$21.28M$23.52M$24.78M$26.49M$23.48M$22.06M$22.89M$25.14M$23.60M$23.51M$19.57M$25.57M$23.84M
Avg Forecast$15.76M$15.55M$15.33M$15.12M$14.89M$15.02M$14.98M$14.98M$14.64M$14.12M$13.82M$14.79M$14.54M$16.21M$18.47M$18.58M$96.92M$15.25M$15.36M$14.61M$15.42M$17.42M$17.72M$30.04M$18.78M$19.59M$20.26M$76.14M$25.77M$25.10M
High Forecast$16.15M$15.92M$15.71M$15.49M$15.25M$15.39M$15.35M$15.37M$15.01M$14.23M$13.82M$14.79M$14.56M$16.61M$18.92M$19.03M$116.31M$15.96M$16.08M$15.29M$16.14M$18.23M$18.54M$36.04M$19.65M$20.50M$21.20M$91.37M$26.96M$26.27M
Low Forecast$15.43M$15.22M$15.01M$14.80M$14.58M$14.71M$14.67M$14.73M$14.42M$14.01M$13.82M$14.79M$14.52M$15.87M$18.08M$18.19M$77.54M$14.86M$14.98M$14.25M$15.03M$16.99M$17.28M$24.03M$18.31M$19.10M$19.75M$60.91M$25.12M$24.47M
Surprise %------------2.91%-1.24%1.25%0.25%1.40%1.53%1.70%1.72%1.35%1.25%0.76%1.34%1.20%1.16%0.26%0.99%0.95%

SL Green Realty's average Quarter SG&A projection for Mar 24 is $14.79M, based on 3 Wall Street analysts, with a range of $14.79M to $14.79M. The forecast indicates a -65.01% fall compared to SLG last annual SG&A of $42.26M (Dec 23).

SL Green Realty EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111342336333422233331098765
EPS------------$-2.25-$-8.59$-0.54$-1.49$-0.15$-0.84$-0.03$-0.91$5.77$1.52$-0.11$2.43$0.20$0.76$1.51$0.22$0.41
Avg Forecast$-0.47$-0.58$-0.45$-0.51$-0.49$-0.58$-0.48$-0.57$-0.30$-0.51$-0.01$0.28$-0.85$-0.41$-0.68$-0.61$-0.23$0.09$0.16$-0.05$-0.19$-0.12$-0.01$-0.01$-0.27$-0.32$0.06$0.47$0.37$0.36
High Forecast$-0.46$-0.56$-0.44$-0.50$-0.48$-0.57$-0.47$-0.52$-0.26$-0.49$-0.01$0.28$-0.82$-0.40$-0.66$-0.60$-0.22$0.09$0.17$-0.05$-0.19$-0.12$-0.01$-0.01$-0.26$-0.31$0.07$0.50$0.39$0.38
Low Forecast$-0.48$-0.60$-0.46$-0.53$-0.51$-0.60$-0.50$-0.64$-0.33$-0.52$-0.01$0.28$-0.93$-0.42$-0.70$-0.63$-0.23$0.09$0.16$-0.05$-0.21$-0.13$-0.01$-0.01$-0.29$-0.34$0.06$0.46$0.36$0.35
Surprise %------------2.65%-12.59%0.88%6.62%-1.69%-5.15%0.61%4.69%-46.56%-138.16%10.05%-8.87%-0.61%11.89%3.21%0.59%1.14%

According to 3 Wall Street analysts, SL Green Realty's projected average Quarter EPS for Dec 21 is $-0.19, with a low estimate of $-0.21 and a high estimate of $-0.19. This represents a -103.36% decrease compared to SLG previous annual EPS of $5.77 (Sep 21).

SL Green Realty Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CIOCity Office REIT$5.65$15.00165.49%Hold
HPPHudson Pacific Properties$3.13$6.75115.65%Hold
PDMPiedmont Office Realty Trust$9.43$12.0027.25%
AREAlexandria Real Estate Equities$102.31$126.7523.89%Hold
BXPBoston Properties$80.36$83.864.36%Buy
HIWHighwoods Properties$31.25$32.504.00%Hold
SLGSL Green Realty$74.11$73.27-1.13%Hold
BDNBrandywine Realty Trust$5.84$5.50-5.82%Hold
KRCKilroy Realty$42.03$39.50-6.02%Buy
DEIDouglas Emmett$20.32$18.00-11.42%Hold
VNOVornado Realty Trust$44.78$38.75-13.47%Hold

SLG Forecast FAQ

Is SL Green Realty a good buy?

No, according to 12 Wall Street analysts, SL Green Realty (SLG) is considered a 'Hold'. The rating consensus is based on 1 'Strong Buy' and 3 'Buy' recommendations, accounting for 33.33% of SLG's total ratings.

What is SLG's price target?

SL Green Realty (SLG) average price target is $73.27 with a range of $63 to $90, implying a 9.70% from its last price of $66.79. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will SL Green Realty stock go up soon?

According to Wall Street analysts' prediction for SLG stock, the company can go up by 9.70% (from the last price of $66.79 to the average price target of $73.27), up by 34.75% based on the highest stock price target, and down by -5.67% based on the lowest stock price target.

Can SL Green Realty stock reach $100?

SLG's average twelve months analyst stock price target of $73.27 does not support the claim that SL Green Realty can reach $100 in the near future.

What is SL Green Realty's current price target trend?

1 Wall Street analyst forecast a $72 price target for SL Green Realty (SLG) this month, up 7.80% from its last price of $66.79. Compared to the last 3 and 12 months, the average price target increased by 12.79% and decreased by -3.92%, respectively.

What are SL Green Realty's analysts' financial forecasts?

SL Green Realty's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $579.61M (high $593.99M, low $568.07M), average EBITDA is $225.11M (high $230.69M, low $220.63M), average net income is $-138M (high $-131M, low $-145M), average SG&A $59.87M (high $61.35M, low $58.68M), and average EPS is $-2.14 (high $-2.041, low $-2.255). SLG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $597.97M (high $612.49M, low $585.41M), average EBITDA is $232.24M (high $237.88M, low $227.36M), average net income is $-129M (high $-126M, low $-134M), average SG&A $61.77M (high $63.27M, low $60.47M), and average EPS is $-2.01 (high $-1.955, low $-2.073).

Did the SLG's actual financial results beat the analysts' financial forecasts?

Based on SL Green Realty's last annual report (Dec 2023), the company's revenue was $913.71M, beating the average analysts forecast of $656.39M by 39.20%. Apple's EBITDA was $745.23M, beating the average prediction of $254.93M by 192.33%. The company's net income was $-580M, beating the average estimation of $-66.361M by 773.26%. Apple's SG&A was $111.39M, beating the average forecast of $67.8M by 64.29%. Lastly, the company's EPS was $-8.39, beating the average prediction of $-2.557 by 228.10%. In terms of the last quarterly report (Dec 2023), SL Green Realty's revenue was $211.72M, beating the average analysts' forecast of $140.75M by 50.43%. The company's EBITDA was $172.17M, beating the average prediction of $54.66M by 214.97%. SL Green Realty's net income was $-156M, beating the average estimation of $-54.615M by 184.94%. The company's SG&A was $42.26M, beating the average forecast of $14.54M by 190.66%. Lastly, the company's EPS was $-2.25, beating the average prediction of $-0.848 by 165.26%