SL Green Realty Corp. (SLG) Surpasses Expectations with Strong Q1 2025 Results

Author's Avatar
Apr 18, 2025
Article's Main Image

Key Insights:

  • SL Green Realty Corp. (SLG, Financial) surpasses first-quarter 2025 expectations with significant leasing and debt activity.
  • Analyst forecasts suggest a potential upside of 29.20% from the current stock price of $52.39.
  • GuruFocus GF Value predicts a 35.46% downside, indicating a potential overvaluation at current levels.

SL Green Realty Corp. (SLG) reported stellar results for the first quarter of 2025, surpassing both internal projections and Wall Street expectations. CEO Marc Holliday attributed the strong performance to exceptional leasing activity and a surge in debt and preferred equity investments, amounting to nearly $200 million. Additionally, the company successfully acquired 500 Park Avenue, swiftly achieving full occupancy, which highlights its robust operational capabilities.

Analyst Price Targets and Recommendations

1913049684746858496.png

Currently, 16 analysts have provided one-year price targets for SL Green Realty Corp (SLG, Financial), with an average target price of $67.69. Projections range from a high of $90.00 to a low of $49.00, suggesting a notable upside potential of 29.20% from the current price of $52.39. Investors looking for more detailed estimates can visit the SL Green Realty Corp (SLG) Forecast page.

The consensus among 17 brokerage firms indicates a "Hold" rating for SL Green Realty Corp, with an average brokerage recommendation of 2.8 on a scale where 1 represents a Strong Buy and 5 indicates a Sell. This consensus reflects a cautious optimism among analysts concerning the stock's immediate prospects.

GuruFocus GF Value Assessment

GuruFocus provides its own valuation metric, the GF Value, estimating SL Green Realty Corp's (SLG, Financial) worth in one year at $33.81. This valuation suggests a significant downside of 35.46% from the current price of $52.39. This GF Value is calculated using historical trading multiples, past business growth, and future performance projections. For investors seeking a comprehensive overview, more detailed data is available on the SL Green Realty Corp (SLG) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.