SL Green Realty (SLG) Stock Forecast, Price Target & Predictions
SLG Stock Forecast
SL Green Realty stock forecast is as follows: an average price target of $73.39 (represents a -5.58% downside from SLG’s last price of $77.73) 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 $73.39 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $108.20 to $45.00. This represents a potential -5.58% downside from SLG's last price of $77.73.
SLG Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 22, 2024 | Brendan Lynch | Barclays | $78.00 | $76.80 | 1.56% | 0.35% |
| Oct 21, 2024 | Michael Lewis | Truist Financial | $72.00 | $77.37 | -6.94% | -7.37% |
| Oct 21, 2024 | John Kim | BMO Capital | $87.00 | $77.50 | 12.27% | 11.93% |
| Oct 21, 2024 | Alexander Goldfarb | Piper Sandler | $90.00 | $78.77 | 14.26% | 15.79% |
| Oct 18, 2024 | Steve Sakwa | Evercore ISI | $79.00 | $78.58 | 0.53% | 1.63% |
| Oct 18, 2024 | Floris van Dijkum | Compass Point | $65.00 | $75.15 | -13.51% | -16.38% |
| Oct 17, 2024 | Alexander Goldfarb | Piper Sandler | $75.00 | $72.69 | 3.18% | -3.51% |
| Sep 18, 2024 | Floris van Dijkum | Compass Point | $60.00 | $69.21 | -13.31% | -22.81% |
| Sep 16, 2024 | Steve Sakwa | Evercore ISI | $66.00 | $69.40 | -4.90% | -15.09% |
| Sep 12, 2024 | Michael Griffin | Griffin | $66.00 | $68.34 | -3.42% | -15.09% |
The latest SL Green Realty stock forecast, released on Oct 22, 2024 by Brendan Lynch from Barclays, set a price target of $78.00, which represents a 1.56% increase from the stock price at the time of the forecast ($76.80), and a 0.35% increase from SLG last price ($77.73).
SL Green Realty Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 4 | 12 | 22 |
| Avg Price Target | $81.75 | $72.25 | $63.82 |
| Last Closing Price | $77.73 | $77.73 | $77.73 |
| Upside/Downside | 5.17% | -7.05% | -17.90% |
In the current month, the average price target of SL Green Realty stock is $81.75, according to 4 Wall Street analysts offering twelve months forecast. The average price target represents a 5.17% increase as opposed to SL Green Realty's last price of $77.73. This month's average price target is up 13.15% compared to last quarter, and up 28.09% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 21, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Oct 18, 2024 | Compass Point | Neutral | Neutral | Hold |
| Oct 17, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Oct 10, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Sep 18, 2024 | Compass Point | - | Neutral | Upgrade |
| Sep 16, 2024 | Evercore ISI | Underperform | Positive | Upgrade |
| Sep 12, 2024 | Citigroup | Sell | Neutral | Upgrade |
| Sep 11, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Aug 28, 2024 | Evercore ISI | Underperform | Underperform | Hold |
| Aug 07, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
SL Green Realty's last stock rating was published by BMO Capital on Oct 21, 2024. The company gave SLG a "Outperform" rating, the same as its previous rate.
SL Green Realty Financial Forecast
SL Green Realty Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 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 | $149.81M | $148.27M | $146.77M | $145.28M | $143.37M | $132.69M | $144.62M | $143.66M | $139.89M | $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 | $153.28M | $151.70M | $150.17M | $148.65M | $146.69M | $135.76M | $147.97M | $146.55M | $143.02M | $137.75M | $133.83M | $143.14M | $140.96M | $160.60M | $182.94M | $184.05M | $182.13M | $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 | $147.72M | $146.20M | $144.72M | $143.25M | $141.36M | $130.84M | $142.60M | $141.49M | $138.08M | $135.60M | $133.83M | $143.14M | $140.57M | $154.77M | $176.30M | $177.37M | $175.52M | $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 |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 10 | 9 | 8 | 7 | 6 | 5 |
| 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 10 | 9 | 8 | 7 | 6 | 5 |
| 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 | $58.18M | $57.58M | $57.00M | $56.42M | $55.68M | $51.53M | $56.17M | $55.79M | $54.33M | $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 | $59.53M | $58.92M | $58.32M | $57.73M | $56.97M | $52.73M | $57.47M | $56.92M | $55.55M | $53.50M | $51.98M | $55.59M | $54.75M | $62.37M | $71.05M | $71.48M | $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 | $57.37M | $56.78M | $56.21M | $55.64M | $54.90M | $50.81M | $55.38M | $54.95M | $53.63M | $52.66M | $51.98M | $55.59M | $54.59M | $60.11M | $68.47M | $68.89M | $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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 10 | 9 | 8 | 7 | 6 | 5 |
| 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 | $-41.85M | $-50.87M | $-42.50M | $-45.72M | $-32.84M | $-40.89M | $-35.09M | $-41.85M | $-28.76M | $-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 | $-41.09M | $-49.94M | $-41.72M | $-44.89M | $-32.24M | $-40.14M | $-34.45M | $-38.61M | $-27.68M | $-32.02M | $-660.57K | $65.86M | $-52.75M | $-26.04M | $-43.13M | $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 | $-43.11M | $-52.40M | $-43.78M | $-47.09M | $-33.83M | $-42.12M | $-36.15M | $-47.69M | $-30.27M | $-33.60M | $-693.05K | $43.91M | $-60.20M | $-27.32M | $-45.25M | $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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 10 | 9 | 8 | 7 | 6 | 5 |
| 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 | $15.47M | $15.31M | $15.16M | $15.01M | $14.81M | $13.71M | $14.94M | $14.84M | $14.45M | $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 | $15.83M | $15.67M | $15.51M | $15.35M | $15.15M | $14.02M | $15.28M | $15.14M | $14.77M | $14.23M | $13.82M | $14.79M | $14.56M | $16.59M | $18.90M | $19.01M | $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 | $15.26M | $15.10M | $14.95M | $14.80M | $14.60M | $13.51M | $14.73M | $14.61M | $14.26M | $14.01M | $13.82M | $14.79M | $14.52M | $15.99M | $18.21M | $18.32M | $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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 10 | 9 | 8 | 7 | 6 | 5 |
| 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 | $-0.65 | $-0.79 | $-0.66 | $-0.71 | $-0.51 | $-0.64 | $-0.55 | $-0.65 | $-0.45 | $-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 | $-0.64 | $-0.78 | $-0.65 | $-0.70 | $-0.50 | $-0.62 | $-0.54 | $-0.60 | $-0.43 | $-0.50 | $-0.01 | $0.28 | $-0.82 | $-0.40 | $-0.67 | $-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 | $-0.67 | $-0.81 | $-0.68 | $-0.73 | $-0.53 | $-0.65 | $-0.56 | $-0.74 | $-0.47 | $-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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HPP | Hudson Pacific Properties | $3.23 | $13.53 | 318.89% | Hold |
| CIO | City Office REIT | $4.92 | $15.00 | 204.88% | Hold |
| KRC | Kilroy Realty | $38.73 | $59.00 | 52.34% | Buy |
| BDN | Brandywine Realty Trust | $5.39 | $7.88 | 46.20% | Hold |
| PDM | Piedmont Office Realty Trust | $9.40 | $13.00 | 38.30% | - |
| ARE | Alexandria Real Estate Equities | $104.31 | $136.50 | 30.86% | Hold |
| DEI | Douglas Emmett | $18.75 | $23.50 | 25.33% | Hold |
| BXP | Boston Properties | $79.56 | $90.53 | 13.79% | Buy |
| HIW | Highwoods Properties | $31.61 | $33.25 | 5.19% | Hold |
| SLG | SL Green Realty | $77.73 | $73.39 | -5.58% | Hold |
| VNO | Vornado Realty Trust | $40.98 | $35.00 | -14.59% | Hold |