
SLG Stock Forecast & Price Target
SLG Analyst Ratings
Bulls say
SL Green Realty is projected to experience substantial growth in its year-end same-store commenced occupancy rates, with expected increases of 91 basis points in 2025, 149 basis points in 2026, and 145 basis points in 2027, reflecting strong leasing volume expectations. The company has also raised its Funds From Operations Per Share (FFOPS) guidance by $0.40 at the midpoint, indicating an anticipated boost in income from its debt and preferred equity portfolio. Furthermore, there is potential for an increase in Net Asset Value Per Share (NAVPS) to $78.00 if SL Green successfully achieves its goal of 93% occupancy, which would involve an investment of approximately $40 million in leasing capital expenditures.
Bears say
SL Green Realty reported a decrease in Q2 leasing volume, falling to 542,000 square feet from 602,000 square feet in Q1, signaling a potential weakening demand. Additionally, the same-store leased rate declined by 40 basis points quarter-over-quarter to 91.4%, indicating a deterioration in occupancy levels. Investors appear to be concerned about these metrics, reflecting a negative sentiment toward the company's prospects amidst projections of declining leasing capital expenditures and slower growth in annual AFFO per share.
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
Start investing in SLG
Order type
Buy in
Order amount
Est. shares
0 shares