SL Green Realty Corp. (SLG)
NYSE: SLG · IEX Real-Time Price · USD
52.97
+1.65 (3.22%)
At close: May 31, 2024, 4:00 PM
53.29
+0.32 (0.60%)
After-hours: May 31, 2024, 7:41 PM EDT
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 41.86, with a low estimate of 21 and a high estimate of 58. The average target predicts a decrease of -20.97% from the current stock price of 52.97.
Analyst Consensus: Hold
* Price targets were last updated on Apr 25, 2024.
Analyst Ratings
The average analyst rating for SLG stock from 14 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Hold | 8 | 9 | 9 | 8 | 7 | 7 |
| Sell | 1 | 1 | 1 | 1 | 3 | 3 |
| Strong Sell | 3 | 3 | 3 | 2 | 2 | 2 |
| Total | 14 | 14 | 14 | 12 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Sell Maintains $43 → $44 | Sell | Maintains | $43 → $44 | -16.93% | Apr 25, 2024 |
| Evercore ISI Group | Evercore ISI Group | Sell Maintains $46 → $47 | Sell | Maintains | $46 → $47 | -11.27% | Apr 22, 2024 |
| BMO Capital | BMO Capital | Hold → Buy Upgrades $56 → $58 | Hold → Buy | Upgrades | $56 → $58 | +9.50% | Apr 18, 2024 |
| Scotiabank | Scotiabank | Sell Maintains $40 → $43 | Sell | Maintains | $40 → $43 | -18.82% | Apr 2, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $41 → $47 | Hold | Maintains | $41 → $47 | -11.27% | Mar 28, 2024 |
Financial Forecast
Revenue This Year
625.03M
from 913.71M
Decreased by -31.59%
Revenue Next Year
629.85M
from 625.03M
Increased by 0.77%
EPS This Year
-0.45
from -9.12
EPS Next Year
-2.17
from -0.45
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 822.7M | 862.6M | 935.1M | 586.5M |
| Avg | 625.0M | 629.9M | 643.9M | 564.2M |
| Low | 516.2M | 490.2M | 532.0M | 547.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -10.0% | 38.0% | 48.5% | -8.9% |
| Avg | -31.6% | 0.8% | 2.2% | -12.4% |
| Low | -43.5% | -21.6% | -15.5% | -15.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.15 | -0.96 | -0.82 | -2.11 | -1.89 |
| Avg | -0.45 | -2.17 | -1.31 | -2.03 | -1.82 |
| Low | -0.80 | -3.30 | -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.