SL Green Realty Corp. (SLG)
NYSE: SLG · IEX Real-Time Price · USD
55.57
+0.58 (1.05%)
Jul 2, 2024, 4:00 PM EDT - Market closed
SL Green Realty Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for SL Green Realty stock have an average target of 42.93, with a low estimate of 21 and a high estimate of 58. The average target predicts a decrease of -22.75% from the current stock price of 55.57.
Analyst Consensus: Sell
Analyst Ratings
The average analyst rating for SLG stock from 14 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Hold | 9 | 8 | 7 | 7 | 6 | 6 |
| Sell | 1 | 1 | 3 | 3 | 3 | 3 |
| Strong Sell | 3 | 2 | 2 | 2 | 3 | 3 |
| Total | 14 | 12 | 14 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Sell Maintains $47 → $49 | Sell | Maintains | $47 → $49 | -11.82% | Jul 1, 2024 |
| Citigroup | Citigroup | Strong Sell Maintains $31 → $37 | Strong Sell | Maintains | $31 → $37 | -33.42% | Jun 13, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $43 → $44 | Sell | Maintains | $43 → $44 | -20.82% | Apr 25, 2024 |
| Evercore ISI Group | Evercore ISI Group | Sell Maintains $46 → $47 | Sell | Maintains | $46 → $47 | -15.42% | Apr 22, 2024 |
| BMO Capital | BMO Capital | Hold → Buy Upgrades $56 → $58 | Hold → Buy | Upgrades | $56 → $58 | +4.37% | Apr 18, 2024 |
Financial Forecast
Revenue This Year
613.14M
from 913.71M
Decreased by -32.90%
Revenue Next Year
625.72M
from 613.14M
Increased by 2.05%
EPS This Year
-0.40
from -9.12
EPS Next Year
-1.97
from -0.40
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 822.7M | 862.6M | 935.1M | 586.5M |
| Avg | 613.1M | 625.7M | 644.2M | 564.2M |
| Low | 506.3M | 490.2M | 532.0M | 547.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -10.0% | 40.7% | 49.4% | -8.9% |
| Avg | -32.9% | 2.1% | 2.9% | -12.4% |
| Low | -44.6% | -20.1% | -15.0% | -15.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.15 | -0.96 | -0.82 | -2.11 | -1.89 |
| Avg | -0.40 | -1.97 | -1.44 | -2.03 | -1.82 |
| Low | -0.86 | -3.53 | -1.78 | -1.97 | -1.76 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | - |
| Avg | - | - | - | - | - |
| Low | - | - | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.