Key Takeaways:
- SL Green (SLG, Financial) lifts its 2025 FFO guidance, sparking a 1.9% stock rise post-market.
- The revised FFO per share estimate exceeds analyst expectations, indicating potential growth.
- Wall Street holds a cautious stance with a "Hold" recommendation for SL Green Realty Corp.
SL Green (NYSE: SLG) witnessed an uptick of 1.9% in its stock price during after-hours trading, following an announcement of improved 2025 FFO guidance. The company also reported second-quarter earnings and revenue that exceeded analysts' estimates. The office REIT's 2025 FFO per share forecast now stands between $5.65 and $5.95, surpassing the consensus prediction of $5.45.
Wall Street Analysts' Price Targets for SL Green
Currently, 16 analysts have set one-year price targets for SL Green Realty Corp (SLG), with an average target price of $63.75. The high estimate projects a potential ceiling of $87.00, while the low estimate suggests $50.00. This average estimate implies a minimal downside of 0.25% from the current stock price of $63.91. For a more in-depth exploration of these projections, visit the SL Green Realty Corp (SLG, Financial) Forecast page.
The consensus recommendation, based on insights from 17 brokerage firms, positions SL Green Realty Corp's (SLG) average brokerage recommendation at 2.8, indicating a "Hold" status. This rating operates on a spectrum from 1 (Strong Buy) to 5 (Sell).
Understanding the GF Value for SL Green
According to GuruFocus estimates, the projected GF Value for SL Green Realty Corp (SLG) in one year's time is $33.00. This suggests a significant downside of 48.36% from the current trading price of $63.91. The GF Value reflects GuruFocus' estimation of the fair trading value for the stock, derived from historical trading multiples, past growth trends, and future performance forecasts. For further insights into SL Green's valuation, visit the SL Green Realty Corp (SLG, Financial) Summary page.
