
SLG Stock Forecast & Price Target
SLG Analyst Ratings
Bulls say
SL Green Realty is poised for positive financial performance, with management projecting cash same-store NOI growth exceeding 10% year-over-year by 2027, indicating strong underlying business fundamentals. The company's total occupancy is expected to improve by approximately 20 basis points in the fourth quarter of 2025, followed by an additional 90 basis points in 2026, which reflects a gradual recovery in demand for office spaces. Furthermore, the engagement in leasing activities is notable, with 2.3 million square feet leased year-to-date, positioning SL Green to outperform expectations by potentially completing 2.6 million square feet by year-end, highlighting the effectiveness of its recovery strategies in the Midtown Manhattan market.
Bears say
SL Green Realty faces a negative outlook primarily due to projected declines in normalized funds from operations per share (FFOps), with estimates indicating a 12.8% YOY decline in 2025 followed by only modest recovery in 2026. Additionally, the company's financial health is compromised as free adjusted funds per share (FADps) have significantly dropped every year since 2020, falling below the current dividend payments despite efforts to access capital. High leasing capital and interest expenses, along with uncertainties surrounding job growth and interest rates, further contribute to the potential downside risks for SL Green Realty's stock performance.
This aggregate rating is based on analysts' research of SL Green Realty and is not a guaranteed prediction by Public.com or investment advice.
SLG Analyst Forecast & Price Prediction
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